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Irrigation Controllers Market: Challenges and Key Opportunities
Posted: May 09, 2021
Irrigation controllers play an important role in water conservation and irrigation management. On the basis of type, irrigation controllers are mainly classified into weather-based controllers and sensor-based controllers. Weather-based controllers use Cloud-based data; wherein sensor-based controllers use real-time data captured from soil moisture. Rising number of golf courses as well as greenhouses, which require controllers to minimize the water usage, lead to an increased demand for irrigation controllers.
The global irrigation controllers market is estimated to be valued at USD 529.2 million in 2017 and is projected to reach USD 1,186.6 million by 2022, at a CAGR of 17.53% during the forecast period. Based on irrigation type, the irrigation controllers market is segmented into smart controllers, tap times, and basic controllers. Currently, the irrigation controllers market is gaining momentum due to increased demand for smart irrigation controllers in Asia Pacific and South America as a result of the growing awareness of water conservation and increasing technological developments.
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The irrigation controllers market, on the basis of application, is segmented into non-agriculture and agriculture. Non-agriculture is further segmented into sports grounds/golf courses, residential, and others which include pastures, parks, school or university campuses, industrial commercial buildings, and cemeteries. Increasing number of golf courses and sports grounds globally are driving the irrigation controllers market. In agriculture, increasing number of greenhouses drives the market for irrigation controllers globally. The use of irrigation controllers in residential lawns and gardens is also responsible for driving the irrigation controllers market.
The irrigation controllers market, by irrigation type, is further segmented into drip/trickle and sprinkler. Drip/trickle irrigation is used for surface as well as sub-surface irrigation. Increasing awareness of water conservation is driving the market for drip/trickle irrigation, which, in turn, drives the demand for irrigation controllers.
North America accounted for the largest share of the global irrigation controllers market in 2016. The Asia Pacific market is projected to grow at the highest CAGR in terms of value from 2017 to 2022. China accounted for the largest country-wise market share in the Asia Pacific irrigation controllers market in 2016, followed by Australia & New Zealand. The shift from flood irrigation to mechanized irrigation in countries such as India and China drives the irrigation controllers market in the region. Advancements in communication technologies for irrigation acts as an opportunity for global and domestic players.
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The global market for irrigation controllers is dominated by large players such as Valmont Industries (US), Lindsay Corporation (US), Toro (US), Hunter Industries (US), and Rain Bird (US). HydroPoint Data Systems (US), Netafim (Israel), Calsense (US), Glacon (Israel), Rachio (US), Weathermatic (US), Green IQ (Israel), and Nelson Irrigation (US) are a few other key market players that also have a significant share in the irrigation controllers market.
Research Methodology:
- Major regions were identified, along with countries contributing the maximum share
- Secondary research was conducted to find the value of irrigation controllers market for regions such as North America, Europe, Asia Pacific, South America, and RoW
- The key players have been identified through secondary sources such as the US Department of Agriculture (USDA), the Food and Agriculture Organization (FAO), International Commission on Irrigation and Drainage (ICID), the World Bank, and the Organization for Economic Co-operation and Development (OECD), while their market share in respective regions was determined through both, primary and secondary research. The research methodology includes the study of annual and financial reports of top market players, as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) for the irrigation controllers market.
Market Research Report Analyst and Consulting