Irrigation Controllers Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Weather Based, and Sensor-Based), By Application (Agriculture, and Non Agriculture), By Irrigation Type (Sprinkle, and Drip), And By Geography - Forecasts From 2019 to 2024
- Published : May 2021
- Report Code : KSI061612717
- Pages : 116
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 the increasing adoption of techniques that 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 are estimated to provide growth opportunities for the irrigation controller market during the forecast period. However, the high installation cost of control systems is expected to hamper the market growth in the 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 controller 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
Frequently Asked Questions (FAQs)
The irrigation controllers market is projected to grow at a CAGR of 12.59% during the forecast period.
Irrigation Controllers Market was valued at US795.678 million in 2018.
The global irrigation controllers market is projected to reach a total market size of US$1,620.826 million by 2024.
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.
The rising demand for food along with the increasing adoption of techniques that help in high productivity are key factors expected to drive the market for irrigation controllers.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. IRRIGATION CONTROLLERS MARKET BY TYPE
5.1. Weather Based
5.2. Sensor Based
6. IRRIGATION CONTROLLERS MARKET BY APPLICATION
6.1. Agriculture
6.2. Non Agriculture
7. IRRIGATION CONTROLLERS MARKET BY IRRIGATION TYPE
7.1. Sprinkle
7.2. Drip
8. IRRIGATION CONTROLLERS MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Galcon
10.2. HydroPoint Data systems Inc.
10.3. Rachio Inc.
10.4. Valmont Industries Inc.
10.5. The Toro Company
10.6. Hunter Industries
10.7. Netafim
10.8. Lindsay Corporation
10.9. Nelson Irrigation Corporation
10.10. Weathermatic
10.11. Calsense
LIST OF FIGURES
LIST OF TABLES
Galcon
HydroPoint Data systems Inc.
Rachio Inc.
Valmont Industries Inc.
The Toro Company
Hunter Industries
Netafim
Nelson Irrigation Corporation
Weathermatic
Calsense
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