Category

Irrigation Controllers Market Size, Share, And Trends By Type (Weather Based, And Sensor-Based), By Application (Agriculture, And Non Agriculture), By Irrigation Type (Sprinkle, And Drip), And Geography - Forecasts From 2019 To 2024

116 pages
Published on : Jul 2019
Report Code : KSI061612717

Description

The irrigation controllers market is projected to grow at a CAGR of 12.59% to reach US$1,620.826 million in 2024 from US795.678 million in 2018. The rising demand for food along with increasing adoption of techniques which help in high productivity are key factors expected to drive the market for irrigation controllers. Further, the growing adoption of modern agricultural techniques to increase the efficiency of the farmlands is anticipated to boost the market in the coming years. Moreover, increasing research and development activities along with technological advancements such as smart irrigation controllers is estimated to provide growth opportunities for the irrigation controller market during the forecast period. However, high installation cost of control systems is expected to hamper the market growth in next five years. The market has been segmented by type, application, irrigation type and geography. In the type segment, sensors are anticipated to hold a substantial share in the market on account of their features like determining irrigation requirements etc. in the application segment, agriculture is estimated to be a substantial shareholder owing to the rising adoption of modern agricultural practices. Geographically, the Asia Pacific is projected to grow at a significant rate due to the huge agricultural industry in countries like India and China along with the increasing need to reduce water wastage in the region.
 
DRIVERS
Government support towards modern agriculture techniques.
Rising adoption of modern agriculture practices.
 
RESTRAINTS
High installation cost
 
INDUSTRY UPDATES
In March 2019, Netafim announced its plans to deploy four large community irrigation projects in India.
In December 2017, HydroPoint Data Systems Inc., launched a new updated version of their weatherTRAK OptiFlow XR, their flagship irrigation controllers with a new setup mode.
 
Major industry players profiled as part of the report are Galcon, HydroPoint Data systems Inc., Rachio Inc., Valmont Industries Inc., The Toro Company, Hunter Industries, Netafim, Lindsay Corporation, Nelson Irrigation Corporation, Weathermatic, and Calsense.
 
Segmentation
The irrigation controllers market has been analyzed through the following segments:
 
By Type
Weather Based
Sensor Based
 
By Application
Agriculture
Non Agriculture
 
By Irrigation Type
Sprinkle
Drip
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
Israel
Others
 
Asia Pacific
China
Japan
South Korea
India
Others

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