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Irrigation Controllers Market Size Is Anticipated To Reach USD 2.08 Billion By The Year 2025, Advancing At A CAGR Of 15.2%: Grand View Research Inc.

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Irrigation Controllers Market Size Is Anticipated To Reach USD 2.08 Billion By The Year 2025, Advancing At A CAGR Of 15.2%: Grand View Research Inc.

January 18
15:25 2021
Irrigation Controllers Market Size Is Anticipated To Reach USD 2.08 Billion By The Year 2025, Advancing At A CAGR Of 15.2%: Grand View Research Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
The continued proliferation of technology in agricultural activities around the globe, coupled with the growing demand at the farmers’ end for efficiency in the daily farming processes, has led to a large-scale growth in the irrigation controllers industry.

The global irrigation controllers market size is projected to reach USD 2.08 billion by the year 2025, advancing at a CAGR of 15.2% over the forecast period, according to a report by Grand View Research, Inc. The leading causes for market growth include the rising demand for gardens and lawn care facilities, which consequently require constant maintenance, coupled with the explosion in the residential projects sector, particularly in the emerging economies such as China, Brazil, and India. Recent years have seen a spurt in the number of tech-savvy farmers, brought about as a result of smartphone proliferation as well as government push towards economic growth, which has led to increasing demand for irrigation automation, control, and monitoring solutions, both in developed and developing regions.

As per data released by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) in 2018, the US had 231,474 farms with 55.9 million irrigated acres, which was an improvement over the 2013 data, when there were 229,237 farms with 55.3 million irrigated acres. As a result, there has been a marked increase in the demand for technological integration in the agricultural sector, thus driving the market growth. Irrigation controllers are also deployed in non-agricultural settings such as golf courses and sports grounds, thus widening their scope of application. Additionally, the growth in the number of residences with attached garden areas has also necessitated the presence of irrigation controllers, as a means of maintaining the aesthetic appeal.

With regards to product, the market has been segmented into smart controllers, tap timers, and basic controllers. The major irrigation types included are the sprinkler and drip methods, which are used universally. With respect to application, the irrigation controller market is classified broadly into non-agricultural, and agricultural fields and greenhouses. The major market players include Toro Company, Rachio, Hunter Industries, Valmont Industries, and Lindsay Corporation. These companies are investing heavily in research and development activities, with frequent innovations in product launches being commonly observed in recent years.

U.S. irrigation controllers market size, by product, 2014 - 2025 (USD Million)

Further key findings from the report suggest:

1        The United States witnesses the use of more than 34 billion liters of water per day for landscape irrigation purposes, with more than half of this water going to waste; smart irrigation controllers are projected to save up to 20% of this water, which acts as a major driver for increased adoption among consumers

2        The smart controllers are further classified into weather-based, and soil moisture-based irrigation controllers, with the former expected to contribute 35.1% on revenue basis by 2025 due to easy installation, savings on fertilizer and energy consumptions, and cost reduction

3        Tap timers are expected to witness substantial growth over the coming years at 14.9% CAGR, as they are easy to install, have a user-friendly interface, and optimally conserve water; these are available in mechanical, digital, and electric forms

4        Drip irrigation controllers are anticipated to witness a CAGR of 15.9% in terms of revenue over the forecast period owing to the high costs and increasing demand for cash crops in domestic and export markets

5        The demand for irrigation controllers in sports grounds and golf courses is expected to reach USD 401.7 million by 2025, aided by increased government initiatives on water conservation through conservation efforts

6        Asia Pacific is expected to register the highest growth over the forecast period as progressive economies such as South Korea, India and China are showcasing great leaps towards steady adoption of smart irrigation controllers

7        Countries such as the United States and Canada are technologically advanced and have seen healthy adoption of smart controllers among both agricultural and non-farming areas

8        According to the National Golf Foundation, by the end of 2019, the US had 16,300 golf courses at 14,300 golf facilities, while more than 24 million citizens played the sport; as such, proper maintenance of the courses has become more important, thus driving demand for irrigation controllers

9        Major companies are undertaking new product launches as well as partnerships to increase their geographic footprint. For example, in September 2020, Hunter released new cellular LTE communication modules for original ACC controllers that enable connection to IMMS central control software or IMMS online

10Also, Valmont announced in September 2020, Valmont announced that it had entered into a supply agreement to provide irrigation products and services for a major agricultural development project in Africa

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Grand View Research has segmented the global irrigation controllers market on the basis of product, irrigation type, application, and region:

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Smart Controllers

    • Weather-based Irrigation Controllers

    • Soil Moisture-based Controllers

  • Tap Timers

  • Basic Controllers

Irrigation Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Sprinkler Irrigation

  • Drip Irrigation

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Non Agriculture

    • Residential

    • Sports Grounds/Golf Courses

    • Others

  • Agricultural Fields and Greenhouses

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • France

    • Germany

    • Italy

    • Russia

    • Spain

    • UK

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central & South America

    • Argentina

    • Brazil

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

Have Any Query? Ask Our Experts for More Details on Reporthttps://www.grandviewresearch.com/inquiry/6796/ibb

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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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Website: https://www.grandviewresearch.com/industry-analysis/irrigation-controllers-market