Increasing Use of Modern Agricultural Practices Drives the Demand for Irrigation Controllers

The global irrigation controllers market is projected to reach USD 1,186.6 Million by 2022 from USD 529.2 Million in 2017, growing at a CAGR of 17.53% from 2017 to 2022. The irrigation controllers market is emerging due to the increasing need for water conservation. The increasing use of modern farming practices, adoption of precision farming methods, and increasing demand for lawn and garden equipment is expected to drive the demand for irrigation controllers.

The irrigation controllers market, based on type, has been segmented into weather-based and sensor-based. The sensor-based irrigation controllers segment is expected to grow at the highest CAGR during the forecast period. Sensors help in obtaining real-time soil moisture level and determining the irrigation requirements.

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The market, based on product, has been segmented into smart controllers, tap timers, and basic controllers. The multi-functionality of smart irrigation controllers and ability to generate weather and farm reports are expected to increase their demand.

The irrigation controllers market, by application, has been segmented into agriculture and non-agriculture. The non-agriculture segment covered the largest market share as irrigation controllers are most widely used in sports grounds, golf courses, and residential lawns gardens. The growing trend of controlled environment agriculture is expected to increase the demand for irrigation controllers in the agriculture segment.

Asia Pacific is projected to be the fastest-growing irrigation controllers market over the next five years. The major drivers for the growth of the Asia Pacific market include the climatic conditions, strong government support, increased productivity, and increased need for reducing wastage of water. The key countries considered under this region are China, Japan, Australia New Zealand, India, and the Rest of Asia Pacific which includes Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and South Korea.

This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Valmont Industries (US), Lindsay Corporation (US), Toro (US), Hunter Industries (US), Rain Bird (US), HydroPoint Data Systems (US), Netafim (Israel), Calsense (US), Glacon (Israel), Rachio (US), Weathermatic (US), Green IQ (Israel), and Nelson Irrigation (US).

Valmont Industries (US) is one of the leading companies in the irrigation controllers industry. The company develops control panels to be used along with irrigation controllers. The controllers manufactured by the company are smart controllers which can be remotely operated using Wi-Fi and Bluetooth connectivity. The company mainly focuses on strategies such as partnerships and acquisitions in order to increase its footprints globally. For instance, in 2014, Valmont acquired major stakes in AgSense (US), a major agricultural technology company, in order to expand its smart controllers’ product portfolio. Strong global presence and well-established R&D activities are the major factors contributing to the high potential of this company in the irrigation controllers market. In 2013, Valmont Industries (US) partnered with Farmers Edge (Canada) to provide synergy equipment to the farmers in Europe and Asia.

Hunter Industries (US) is a leading company in the irrigation controllers market; it is engaged in the manufacturing and marketing of a broad range of irrigation solutions for residential, golf course, sports turf, and residential applications. Hunter Industries works in close cooperation with its customers and farmers to meet the requirements of irrigation controllers to minimize water consumption in non-agricultural applications. The company aims to increase its business in emerging as well as established markets to develop a significant global reach by adopting organic and inorganic strategies. For instance, between 2015 and 2016, the company acquired local companies such as Senninger Irrigation (US) and Alex-Tronix (US) to gain a significant market share in the North American region.

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