Rising smart cities across several countries in the world are expected to increase the adoption of controllers. The development of smart cities is expected to offer lucrative opportunities for the key players in the market of smart irrigation controller. The demand for advanced irrigation systems in countries with severe weather conditions is most likely to propel the industry's growth.
Smart Irrigation market size will be worth USD 2,877.9 Million by 2027, according to a new report by Emergen Research.
The report delineates the pivotal aspects of this market, shedding light on the most prominent market growth possibilities and challenges. The report is primarily targeted at the Smart Irrigation industry participants and stakeholders that can capitalize on the contents of this report and make informed business decisions during the forecast period.
The market size estimation and forecasts have been detailed in this report. The authors have studied the historical background of the Smart Irrigation market, keeping in mind the organic and inorganic growth prospects and threats for the market. Thus, the latest report offers precise estimates of the global market size for the forecast period.
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The increasing penetration rate of smartphones in the developing economies offers growth opportunities for the future as some of the irrigation controller providers are delivering voice assistance service based automated scheduling for irrigation.
The increasing usage of smartphones by the developing economies' population can help the farmers obtain information on weather change and Climate data.
The latest report marks profound changes in the global Smart Irrigation market that have followed the COVID-19 outbreak. The COVID-19 impact analysis in the report focuses on the current market scenario and its adverse economic situation.
It has subsequently affected the industry’s supply chains and made prices of and the demand for the product highly volatile. However, market experts believe that the global Smart Irrigation market will regain traction in the post-COVID era. The report further delivers preliminary and future COVID-19 impact assessments of the Smart Irrigation market.
Some Key Highlights From the Report
- In 2018, a Bluetooth-enabled tap timer, BTT, was launched by the Hunter Industries. An app-controlled light irrigation is provided by BTT for small lawn areas, flowers, greenhouses, plants, and nurseries.
- The non-Agriculture segment held the largest market share of 58.6% in the year 2019, owing to the increasing adoption of the smart irrigation controllers by the commercial and residential land contractors.
- The Weather-based system is forecasted to grow with the fastest CAGR of 15.6% over the forecast period owing to the increasing adoption of weather-based systems by the contractors and managers of commercial building and golf course and landscaping.
- The Controllers are the most widely used component in the global smart irrigation market as the technologically advanced smart controllers can automatically adjust schedules for irrigation to any environmental changes by using the sensor and weather data.
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Key Market Rivals:
· The Toro Company
· Rain Bird Corporation
· Netafim
· Hunter Industries
· HydroPoint Data Systems Inc.
· Weathermatic
· Rachio Inc.
· Manna Irrigation
· Galcon
· Stevens Water Monitoring Systems
· others.
· System Type Outlook (Revenue, USD Billion; 2017-2027)
o Sensor-based system
o Weather-based system
· Component Outlook (Revenue, USD Billion; 2017-2027)
o Sensors
o Controllers
o Water Flow Meters
o Others (Wireless communication equipment, routers, gateways)
· Application Outlook (Revenue, USD Billion; 2017-2027)
o Agricultural (open field, greenhouses)
o Non-Agricultural (Golf Courses, Residential, sports ground, Turf & Landscapes, Forestry)
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