Irrigation Controllers Market to Witness Unprecedented Growth in Coming Years
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 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.
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 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.