Irrigation Controllers Market
Meticulous Research® –
leading global market research company published a research report titled “Irrigation Controller Market by Type (Smart Irrigation Controller, Tap Timer, Basic Controllers),
Irrigation Type (Sprinkler Irrigation/Sprinkler, Drip Irrigation), and
Application (Non-Agricultural and Agriculture)- Global Opportunity Analysis and
Industry Forecast (2018–2023)”
According to this latest
publication from Meticulous Research®, the global irrigation
controllers market is expected to grow at a CAGR 16% from 2018 to 2023 to reach
USD 1,458.1 million by 2023, driven by factors such as growing adoption of
modern agriculture techniques, increasing demand for lawn and garden equipment,
and increasing government initiatives to promote water conservation. However,
declining farm income and high installation cost hamper the growth of the
market to some extent.
The global irrigation
controllers market study presents historical market data in terms of values
(2016 and 2017), estimated current data (2018), and forecasts for 2023- by type
(smart controller, tap timer, basic controllers), irrigation type (sprinkler,
drip), and application (non-agriculture, agriculture). The study also evaluates
industry competitors and analyzes the market at a regional and country level.
Browse
in-depth Report on: https://www.meticulousresearch.com/product/irrigation-controllers-market/
Smart controllers held a
significant share in global irrigation controllers market in 2017, mainly due
to their higher adoption in the advanced countries and growing demand in
developing countries owing to their variety of advantages over the traditional
or basic irrigation controllers. In addition, factors such as rapid population
growth, growing food and water scarcity, increase in awareness among farmers
about the benefits of smart irrigation, and government promotions and
investments are also augmenting the growth of the smart irrigation controllers
market.
Sprinkler irrigation
method held the major share in global irrigation controllers market in 2017;
however, drip irrigation method is set to be an emerging and rapidly growing
irrigation technique during the forecast period due to increasing global fruits
cultivation area and rising adoption of the closed field agriculture.
Non-agriculture
application segment commanded the largest share in global market in 2017, which
is mainly attributed to presence of large number of golf courses & sports
grounds, especially in developed countries and higher adoption of irrigation
controllers to ensure the adequate water supply for golf courses and sports
grounds. Moreover, in non-agriculture irrigation controllers market, golf
courses and sports grounds held largest share in 2017. However, residential
application is expected to see fastest growth, boosted by the growing need of
minimizing water wastages at indoor and outdoor landscapes and swimming pools.
This research report
analyzes major geographies and provides comprehensive analysis of North America
(U.S., Canada, and Mexico), Europe (U.K., Germany, France, Russia, Italy,
Spain, and RoE), Asia Pacific (China, Japan, Australia, India, and RoAPAC), Latin
America (Brazil, Argentina, and RoLATAM), and Middle East & Africa. North
America captured a significant share in global irrigation controllers market in
2017. Factors such as increased automation in agriculture & adoption of
advanced irrigation control systems; rising need to conserve water and reduce
water stress; innovation in communication systems; presence of large number of
lawn, gardens, sport grounds and golf courses; and government initiatives in
micro irrigation supports the greater consumption of irrigation controllers in
this region. However, Asia Pacific is expected to register highest CAGR during
the forecast period. Rising adoption of modern irrigation techniques in
countries such as China, Japan, Australia, and India; and constant government
financial assistance supports the fastest growth in this region.
Speak to Analyst: https://www.meticulousresearch.com/speak-to-analyst/?cp_id=4166
The global irrigation
controllers market is highly competitive and fragmented with the presence of
several key companies. Some of the key players contributing to the growth of
the global irrigation controllers market include Hunter Industries Incorporated
(U.S.), Rain Bird Corporation (U.S.), The Toro Company (U.S.), Valmont
Industries, Inc (U.S.), Calsense (U.S.), Galcon (Israel), Nelson Irrigation
Corporation (U.S.), Weathermatic (U.S.), Hydropoint Data Systems, Inc. (U.S.),
Signature Control Systems, Inc. (U.S.), Storm Industries, Inc. (U.S.), Tucor,
Inc. (U.S.), Orbit Irrigation Products, Inc. (U.S.), Holman Industries
(Australia), Rachio Inc. (U.S.), Baccara Geva A.C.S. Ltd. (Israel), Mottech
Water Solutions Ltd. (Israel), Lindsay Corporation (U.S.), and Netafim Limited
(Israel).
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