The global Smart Irrigation Controllers Market will be worth USD 732.7 Million by 2027, according to a current analysis by Emergen Research. The increasing penetration rate of smartphones in the emerging economies offers growth opportunities for the future as some of the […]
The global Smart Irrigation Controllers Market will be worth USD 732.7 Million by 2027, according to a current analysis by Emergen Research. The increasing penetration rate of smartphones in the emerging economies offers growth opportunities for the future as some of the smart irrigation controller providers are delivering voice assistance service based automated scheduling for irrigation. The increasing usage of smartphones by the farmers will help them obtain information on weather change and Climate data. The emergence of smart cities in developing economies is expected to increase the adoption of smart irrigation controllers.
In August 2019, Lindsay Corporation, a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, launched new customer-driven irrigation solutions such as, Next Gen Zimmatic ® Controllers, Zimmatic® 9520PL, and Zimmatic® 9500HS, which are expected to help farmers improve productivity and conserve resources.
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Key Highlights From The Report
- The Weather-based controller segment held the largest market share of 59.6% in 2019. The increasing need to adjust the watering schedule based on local weather conditions has increased the adoption of the Weather-based controllers by the large scale commercial farms.
- Agricultural Industry is forecasted to grow with the fastest CAGR of 15.4% over the forecast period. Agricultural applications such as open field and greenhouses are increasingly adopting smart irrigation controllers to enhance crop quality and reduce water usage.
- The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing government initiatives regarding water conservation.
- Key participants include The Toro Company, Lindsay Corporation, Valmont Industries, Rain Bird Corporation, Hunter Industries, Netafim, HydroPoint Data Systems, Weathermatic, Rachio Inc., and Nelson Irrigation Corporation, among others.
Emergen Research has segmented the global Smart Irrigation Controllers Market on the basis of Type, End Users, and region:
- Type Outlook (Revenue, USD Million; 2017-2027)
- Weather-based controllers
- Soil-based controllers
- End Users Outlook (Revenue, USD Million; 2017-2027)
- Agriculture Industry
- Non-Agriculture Industry
Key Regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Factors influencing market remuneration:
- The global Smart Irrigation Controllers market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
- The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
- Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
- The application landscape of the global Smart Irrigation Controllers market can be categorized into For Human, For Animals, and Others.
- The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
- Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Irrigation Controllers Market Segmentation & Impact Analysis
4.1. Smart Irrigation Controllers Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Increasing need for water conservation
22.214.171.124. Favorable government initiatives to adopt modern irrigation systems
126.96.36.199. Increasing utilization of advanced technologies to enhance the efficiency of the traditional irrigation controllers
188.8.131.52. Convenience of remote access and innovation in technology
4.2.3. Market restraints analysis
184.108.40.206. High Technological cost
220.127.116.11. Lack of skillsets and technical knowledge among farmers
18.104.22.168. Lack of standardization
22.214.171.124. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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