The market is driven by the increasing need for water conversation and growing use of modern farming practices. Factors such as rapid growth in the lawn and garden equipment market are expected to increase the demand for irrigation controllers.
The global irrigation controllers market is projected to reach USD 1,186.6 Million by 2022 from USD 529.2 Million in 2017, growing at a CAGR of 17.53% from 2017 to 2022. The irrigation controllers market is emerging due to the increasing need for water conservation. The increasing use of modern farming practices, adoption of precision farming methods, and increasing demand for lawn and garden equipment is expected to drive the demand for irrigation controllers.
The irrigation controllers market, based on type, has been segmented into weather-based and sensor-based. The sensor-based irrigation controllers segment is expected to grow at the highest CAGR during the forecast period. Sensors help in obtaining real-time soil moisture level and determining the irrigation requirements.
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The market, based on product, has been segmented into smart controllers, tap timers, and basic controllers. The multi-functionality of smart irrigation controllers and ability to generate weather and farm reports are expected to increase their demand.
The irrigation controllers market, by application, has been segmented into agriculture and non-agriculture. The non-agriculture segment covered the largest market share as irrigation controllers are most widely used in sports grounds, golf courses, and residential lawns gardens. The growing trend of controlled environment agriculture is expected to increase the demand for irrigation controllers in the agriculture segment.
Asia Pacific is projected to be the fastest-growing irrigation controllers market over the next five years. The major drivers for the growth of the Asia Pacific market include the climatic conditions, strong government support, increased productivity, and increased need for reducing wastage of water. The key countries considered under this region are China, Japan, Australia New Zealand, India, and the Rest of Asia Pacific which includes Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and South Korea.
This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Valmont Industries (US), Lindsay Corporation (US), Toro (US), Hunter Industries (US), Rain Bird (US), HydroPoint Data Systems (US), Netafim (Israel), Calsense (US), Glacon (Israel), Rachio (US), Weathermatic (US), Green IQ (Israel), and Nelson Irrigation (US).
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