The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Smart Irrigation Controllers Market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.
The global Smart Irrigation Controllers Market will be worth USD 732.7 Million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing scarcity of water. Increasing government initiatives regarding water conservation have resulted in the growing need for enhanced irrigation controller.
The growing implementation of information communication technologies and the internet of things is expected to drive the growth of smart irrigation controllers over the forecast period. The increasing penetration rate of smartphones in the emerging economies offers growth opportunities for the future as some of the smart irrigation controller providers are delivering voice assistance service based automated scheduling for irrigation.
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The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Key participants include The Toro Company, Lindsay Corporation, Valmont Industries, Rain Bird Corporation, Hunter Industries, Netafim, HydroPoint Data Systems, Weathermatic, Rachio Inc., and Nelson Irrigation Corporation, among others.
Some Key Highlights from the Report
- The Weather-based controller segment held the largest market share of 59.6% in 2019. The increasing need to adjust the watering schedule based on local weather conditions has increased the adoption of the Weather-based controllers by the large scale commercial farms.
- Agricultural Industry is forecasted to grow with the fastest CAGR of 15.4% over the forecast period. Agricultural applications such as open field and greenhouses are increasingly adopting smart irrigation controllers to enhance crop quality and reduce water usage.
- The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing government initiatives regarding water conservation.
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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Smart Irrigation Controllers industry.
Emergen Research has segmented the global Smart Irrigation Controllers Market on the basis of Type, End Users, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
- Weather-based controllers
- Soil-based controllers
End Users Outlook (Revenue, USD Million; 2017-2027)
- Agriculture Industry
- Non-Agriculture Industry
The complete regional analysis covers:
- North America (U.S., Canada, Mexico
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Finally, all aspects of the Smart Irrigation Controllers market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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