Irrigation Controllers Market Size and Growth Analysis Report 2020


Posted December 30, 2020 by mohammedimtiaz

The rapid growth in lawn and garden equipment, increasing need for water conversation, and growing use of modern farming practices are some of the driving factors of the global Irrigation Controllers market.
 
Global Irrigation Controllers Market foreseen to reach 1186 million US dollars by 2025
Market overview:
The global Irrigation Controllers Market valued at 592.2 million US dollars in 2020 and is estimated to reach a valuation of 1186.6 million US dollars by 2025 at a CAGR of 17.53% during the outlook period.

Market Drivers and Restrains:
The rapid growth in lawn and garden equipment, increasing need for water conversation, and growing use of modern farming practices are some of the driving factors of the global Irrigation Controllers market. Increasing investments by the major key players for new innovations is also helping the market to grow further. However, high cost of installation of irrigation controllers, globally declining of farm income and the challenges regarding design and operations are some of the major challenges effecting the developments in the Irrigation Controllers market.

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Report is segmented as:
The global Irrigation Controllers market is segmented based on application, type, product and irrigation type.

By type, the Irrigation Controllers market is segmented into two types namely weather-based and sensor based.

By product, the market of Irrigation Controllers is segmented into smart controllers, tap timers and basic controllers.

By application, the market of irrigation controllers is bifurcated into non-agriculture and agriculture, whereas the non-agriculture segment is again bifurcated into sports ground, residential, pastures, parks, school or university campuses, industrial commercial buildings, cemeteries. The agriculture segment is further bifurcated into open field (cereals & grains, oilseeds & pulses, fruits & vegetables, sugarcane, tea, coffee, turf, forage, ornamental crops) and controlled environment agriculture.

By irrigation type, the irrigation controllers market is bifurcated into drip/trickle and sprinkler.

Geographical Segmentation:
The global Irrigation Controllers market was dominated by Asia Pacific owing to the strong environment support, good climatic conditions and increased productivity as well as increased need for reducing wastage of water in the area. Asia Pacific is also expected to hold the dominance of the market during the foreseen period. North America holds the second largest share of the market due to the increasing developments in the agriculture sector.

Impact of COVID-19 on Irrigation Controllers Market
The coronavirus pandemic has affected the global Irrigation Controllers market by forcing many companies to halt manufacturing and production operations which in turn resulted in huge losses for them. As per the analysis, the Irrigation Controllers market is expected an increase in revenue owing to the increasing initiatives from the government, huge investments by the companies and increasing productivity.

Key market players:
Major players of Irrigation Controllers market include Rain Bird (US). Toro (US), Hunter Industries (US), Calsense (US), Glacon (Israel), Rachio (US), Weathermatic (US), HydroPoint Data Systems (US), Netafim (Israel), Valmont Industries (US), Lindsay Corporation (US), Green IQ (Israel), and Nelson Irrigation (US)

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Issued By Market Data Forecast
Country India
Categories Agriculture
Tags global irrigation controllers market
Last Updated December 30, 2020