Irrigation Controllers Market is Estimated to Reach USD 2,600 Million in 2024
The Global Irrigation Controllers Market is projected to reach a value of over USD 2,600 million exhibiting a CAGR of around 16% by the end of 2027, Predicts Forencis Research
The Global Irrigation Controllers Market is projected to reach a value of over USD 2,600 million exhibiting a CAGR of around 16% by the end of 2027.
The irrigation controller system has built-in water-saving features including a sensor to adjust to the optimal sprinkler run time based on the local weather conditions. Smart controllers provide a healthy, beautiful landscape while reducing water consumption and water costs.
Global Irrigation Controllers Market: Key Market Dynamics
• Rapid population growth, growing food and water scarcity, increased awareness among farmers about the benefits of smart irrigation, and government initiatives are prime factors for driving the irrigation controllers market
• According to the US Environmental Protection Agency, more than 9 billion gallons of water accounts for landscape irrigation
• The US EPA states that using an irrigation controller can save 7,600 gallons of water annually in any home
• Technological advancements such as using Wi-Fi or cloud-based systems in plant canopy and soil moisture sensors to receive real-time data on field conditions are likely to create growth avenues in this market
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Global Irrigation Controllers Market: Regional Overview
• North America
North America is expected to be the dominating region in the irrigation controllers market. The growth in this region is attributed to consumer awareness about the benefits of using smart irrigation and efforts at minimizing water loss. Moreover, high demand for fully digital and automatic systems is expected to fuel market growth.
• Asia-Pacific
Owing to the presence of major agricultural countries in this region, there is the rapid adoption of smart irrigation. For instance, China started Integrated Modern Agriculture Development (IMAD) Project, supported by the World Bank, with an investment of USD 313.14 million for infrastructure, on-farm technologies, and improved irrigation systems, boosting climate-smart agricultural practices, building the capacity of water-user associations and farmers' cooperatives, and strengthening project management.
Global Irrigation Controllers Market: Key Players Overview
• HUNTER INDUSTRIES:
Hunter Industries is engaged in providing high quality, efficient solutions for the irrigation, outdoor lighting, and custom molding industries. Its product portfolio includes pop-up gear-driven rotors, high-efficiency rotary nozzles, spray sprinklers, valves, controllers, central controllers, professional landscape drip, and weather sensors. The company's irrigation business spans over 80 countries across the globe. In January 2020, the company launched two bluetooth-enabled, battery-operated controllers, which are NODE-BT and Two-Zone BTT. The NODE-BT is perfect for gardens, parks, medians, roundabouts, greenhouses, or other outdoor applications where AC power is unavailable while the Two-Zone BTT is used for gardens, greenhouses, terraces, potted plants, flower beds, nurseries, and small lawn.
• Lindsay Corporation:
Lindsay Corporation is one of the global leader in providing innovative water management and road infrastructure products and services. The company operates through two business segments, namely, irrigation and infrastructure. The irrigation segment is engaged in providing irrigation and water management and has operations in more than 90 countries. In August 2019, the company launched a full range of NextGen Zimmatic Controllers, including the 500C, the 700C, and the 712C. In addition to this, the company launched Zimmatic 9520PL and Zimmatic 9500HS controllers.
Other Key Players:
The Toro Company, Rain Bird Corporation, Netafim, CALSENSE, Galcon, Rachio inc., Weathermatic, NELSON IRRIGATION, Orbit Irrigation Products LLC, HydroPoint Data Systems, Inc.
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