The smart irrigation controllers market is expected to be valued at USD 732.7 million in 2027 from USD 256.5 million in 2019, registering a CAGR of 14.9% through the forecast period, according to a recent report by Emergen Research. The growing scarcity of water can be attributed to the growth of this market. Increasing government water conservation initiatives have resulted in the increasing need for improved control of irrigation. Over the forecast period, the increasing implementation of information communication technology and the Internet of Things is expected to drive the growth of smart irrigation controllers. In emerging economies, the increasing penetration rate of smartphones offers growth opportunities for the future as some of the providers of smart irrigation controllers provide automated irrigation scheduling based on voice assistance services. Farmers’ increasing use of smartphones will help them gain information on climate change and climate data. In developing economies, the emergence of smart cities is expected to increase the adoption of smart irrigation controllers.
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Key Highlights From Report
- Lindsay Corporation, a leading global irrigation and infrastructure equipment and technology manufacturer and distributor, introduced new customer-driven irrigation solutions in August 2019, such as Next Gen Zimmatic ® Controllers, Zimmatic ® 9520PL, and Zimmatic ® 9500HS, which are expected to help farmers increase productivity and conserve resources.
- In 2019, the weather-based controller sub-segment held the largest market share of 59.6%. The increasing need to adjust the watering schedule on the basis of local weather conditions has increased the adoption of weather-based controllers by large-scale commercial farms.
- Over the forecast period, the agricultural industry is forecast to grow with the fastest CAGR of 15.4%. In order to improve crop quality and reduce water use, agricultural applications, such as open fields and greenhouses, are increasingly adopting intelligent irrigation controllers.
- Due to increasing government initiatives for water conservation, the Asia Pacific region is expected to be the fastest-growing region during the forecast period.
- 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-user, and region:
- Type Outlook (Revenue, USD Million; 2017-2027)
- Weather-based controllers
- Soil-based controllers
- End-User Outlook (Revenue, USD Million; 2017-2027)
- Agriculture Industry
- Non-Agriculture Industry
- Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- North America
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/smart-irrigation-controllers-market