Irrigation Controllers Market Scope
Irrigation is the method for providing water to the plants at required intervals. Whereas, irrigation controllers are the device used to control the water flow, and provide water corresponding to the requirement. Many regional governments have been taking initiatives for promoting irrigation practice as it saves waters. Also, the high adoption of modern agriculture practices in developing economies and increasing demand for lawn and garden equipment due to the changing the life style of people are the major key drivers acting on the operating market. Additionally, the emergence of smart irrigation controllers due to advancement in communication technology is supplementing the growth of the market. However, high installation and replacement cost, increasing designing challenges and lack of awareness about smart irrigation controllers specifically in the Asian countries are the factors that have been limiting the overall growth of the market.
According to AMA, the Global Irrigation Controllers market is expected to see growth rate of 18.35% and may see market size of USD1755.56 Million by 2027.
The Vendors having a strong hold in the market are Valmont Industries, Lindsay Corporation, Toro, Hunter Industries. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Irrigation Controllers market throughout the predicted period.
Valmont Industries (United States), Lindsay Corporation (United States), Toro (United States), Hunter Industries (United States), Rain Bird (United States), HydroPoint Data Systems (United States), Netafim (Israel), Calsense (United States), Glacon (Israel) and Rachio (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Weathermatic (United States), Green IQ (Israel) and Nelson Irrigation (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Irrigation Controllers market , by Application (Open Field Agriculture, Controlled-Environment Agriculture, Orchard, Greenhouses, Sports Grounds, Turfs & Landscapes and Others) and Region with country level break-up.
On the basis of geography, the market of Irrigation Controllers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On September 2018, the Jain Irrigation company had acquired a farm technology firm (United States) to offer irrigation technology products. The acquisition aims to expand the company’s Irrigation water management technology and the product portfolio in the irrigation product category
On April 8, 2019, Rain Bird has updated its ESP-Me controller. The updated ESP-Me controller has a new look as well as improved functionality. The key features of the model include high versatility, cost-effective, dial-based control panel for alignment and others. The new updating will boost the overall sales of the product.
- An Emergence of Smart Irrigation Controllers due to Advancement in Communication Technology
- Highly Adoption of Modern Agriculture Practices in Developing Economies
- Increasing Demand for Lawn and Garden Equipment due to Changing Life Style of People
- Government Continuously Taking Initiatives for Promoting Irrigation Practice due to Increasing Requirement of Water Conversation
- Changing Preference towards Mechanized Irrigation over Flood Irrigation
- High Initial Installation and Replacement Cost of Irrigation System
- Continuously Decreasing Overall Revenue of Agriculture Sector
- Increasing Designing Challenges are Responsible for limiting the Market
- Lack of Awareness about Smart Irrigation Controllers specifically in Asian Countries
Key Target AudienceIrrigation Controllers Manufacturers, Raw Material Suppliers, Distribution and Suppliers, Investors, Government Agencies, Private Research and Development Organization and Others