Irrigation Controllers Market

Market Overview:

Irrigation Controllers Market is expected to grow at a CAGR of 16.0% from 2018 to 2023 to reach USD 1.458.1 million by 2023.

Irrigation controllers are important for applying a large amount of water at the right time to achieve maximum crop production and achieve a high level of efficiency in the use of water and chemicals. As many areas face decreased water supply and drought conditions, it is suggested to use smart irrigation equipment such as controllers as they apply the exact amount of water when doing so. Smart irrigation systems, unlike traditional types of irrigation equipment, adapt irrigation schedules and work automatically to meet the needs of independent crops or lawns. Smart irrigation equipment comes in two types, weather-based controllers and sensor-based controllers. Weather controllers use local weather data, as well as soil surface evaporation and plant surface transpiration, and adjust irrigation schedules accordingly. Sensor-based irrigation controllers are burial in the root zone, the controller reads the moisture level reading and through this, water is applied automatically.

Recent Developments:

Rain Bird introduced the ESP-LXIVM series, two new easy-to-use controllers for two-wire irrigation systems that provide large and challenging sites with advanced water management tools, diagnostics and a host of new industry features.

Market Drivers and Restraints:

The growth of the global irrigation controller market is supported by the many initiatives taken by governments around the world using new irrigation technologies to avoid future water shortage circumstances. For example, the US government announced a WaterSMART program in early 2018 to reduce water waste and increase water supply through investments in modernizing existing infrastructure; countries such as Australia and Japan grant subsidies to farmers for the installation of micro-irrigation techniques; The Government of India implemented a centrally funded Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) program on micro-irrigation since 2006 with the aim of conserving water and improving efficiency water use in the agricultural sector and the Chinese government promotes water-saving irrigation (WSI) policies for irrigation management to reduce irrigation water waste.

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Report is segmented as:

By Type:

• Smart Controllers
  • Weather-Based Irrigation Controllers
  • Sensor Based Irrigation Controllers
• Tap Timers
• Basic Controllers

By Irrigation type:

• Sprinkler Irrigation
• Drip Irrigation

By Application:

• Non-Agriculture
  • Golf Courses and Sports Grounds
  • Commercial
  • Residential
  • Others
• Agriculture
  • Open Field Agriculture
    • Golf Courses and Sports Grounds
    • Commercial
    • Residential
    • Others
• Closed Field Agriculture

Geographical segmentation:

On the basis of geography, the global irrigation controllers market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these, North America is likely to reflect high market attractiveness in the coming days.

Key market players:

The business study analyzes industry competitors including Hunter Industries Incorporated (U.S.), Rain Bird Corporation (U.S.), The Toro Company (U.S.),Valmont Industries, Inc (U.S.), Calsense (U.S.), Galcon Ltd. (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) among others.

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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