Smart Irrigation Controllers - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Smart Irrigation Controllers Market is accounted for $865.95 million in 2019 and is expected to reach $2,704.75 million by 2027 growing at a CAGR of 15.3% during the forecast period. Some of the factors such as government initiatives for promoting water conservation, government providing rebates for installing smart irrigation controllers, and focus on increasing farm productivity by using smart irrigation solutions are the market growth. However, high costs associated with smart irrigation controllers when compared to traditional irrigation systems is hampering the market growth.
Agriculture is a foremost sector that influences the economic development of a country. Low agricultural production and useless irrigation systems have to be remedied to improve the productivity of crops, and thus strengthen the financial development of a country. This spurs the application of mechanized irrigation systems globally. Smart irrigation is an progressive way of water management in the irrigation process.
Based on the type, the soil moisture-based controllers segment is estimated to have a lucrative growth due to it shuts off an irrigation system when the ground is already wet, preventing over watering. The controller turns the system back on when the soil becomes drier. Thus, the soil moisture-based controllers segment can be further divided into suspended cycle irrigation systems and water-on-demand irrigation.
By geography, North America is going to have a lucrative growth during the forecast period. Manufacturers of smart irrigation controllers are targeting this region for business development as the region showcases high attractiveness and increase potential. This has triggered the use of smart irrigation controllers in the region making it the most lucrative in the globe.
Some of the key players profiled in the Smart Irrigation Controllers Market include Baseline Inc., Calsense, Galcon, Hunter Industries, Hydropoint Data Systems, Netafim, Rachio Inc., Rain Bird Corporation, The Toro Company, Weathermatic, and Skydrop.
• Plug-in Controllers
• Smart Homes Based Controllers
• Standalone Controllers
• Weather-Based Controllers
• Soil Moisture-based Controllers
• Sensor-based Controllers
• Turfs & Landscapes
• Sports Grounds
End Users Covered:
• Agricultural Fields/Farms
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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