A recent report published by Infinium Global Research on irrigation controllers market provides in-depth analysis of segments and sub-segments in the global as well as regional irrigation controllers market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional irrigation controllers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global irrigation controllers market. According to the report, the global irrigation controllers market is projected to grow at a CAGR of 16.9% over the forecast period of 2019-2025.
Growing population, water scarcity concerns along with growing awareness about irrigation controllers drive the irrigation controllers market growth. Furthermore, the growing demand from lawns, gardens, golf courses and sports grounds to provide watering are likely to help the growth of irrigation controllers market. Moreover, the use of modern agriculture technologies across the globe have a positive impact on market growth. Besides this, government promotion and investments regarding water scarcity across the globe with the help of irrigation technologies is another key factor fuel the irrigation controllers market. For instance, the Government of India in its scheme Pradhan Mantri Krishi Sinchayee Yojana, with an objective to conserve water and improve water use efficiency in the agriculture sector. However, the high cost for an installation could restrain the growth of irrigation controllers market. Furthermore, rising automation in irrigation and new product development creates beneficial growth opportunities for the irrigation controllers market in coming years. For instance, Rain Bird’s new Wi-Fi ready ESP-TM2 irrigation controller has been designed for both residential and commercial applications. It is simple to use, offers highly flexible watering schedules and water-saving features.
Geographically, North America dominates the irrigation controllers market throughout the forecast period. People in developed countries such as the U.S. and Canada are aware of the benefits of these systems, which in turns, increased the growth of the market in the North America region. Additionally, presence of a huge number lawns, gardens, golf courses and sports grounds along with initiatives taken by the government regarding greater adoption of irrigation controllers in this region are some factors responsible for the regional market growth. Asia-Pacific is expected to grow with the highest CAGR throughout the forecast Period. Increasing adoption of modern irrigation practices in countries such as China, Japan, and India attributes to the of the market in Asia-Pacific irrigation controllers market.
The report on global irrigation controllers market covers segments such as type, product type, irrigation type, and application. On the basis of type, the sub-markets include weather-based, and sensor-based. On the basis of product type, the sub-markets include smart controllers, tap timers, and basic controllers. On the basis of irrigation type, the sub-markets include drip, and sprinkler. On the basis of application, the sub-markets include agriculture, and non-agriculture.
The report provides profiles of the companies in the market such as Nelson Irrigation Corporation, Green IQ, Weathermatic Agencies, Calsense, Netafim, HydroPoint Data Systems Inc, Rain Bird Corporation, Hunter Industries, Lindsay Corporation, Valmont Industries, Inc, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of irrigation controllers market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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