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Irrigation Controllers Market Worth 1,186.6 Million USD by 2022


News provided by

MarketsandMarkets

08 Jan, 2018, 16:30 GMT

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PUNE, India, January 8, 2018 /PRNewswire/ --

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The report "Irrigation Controllers Market by Type (Weather-based and Sensor-based), Product (Smart Controllers, Tap Timers, and Basic Controllers), Application (Non-agriculture and Agriculture), Irrigation Type, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the global 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.

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Browse 93 market data Tables and 41 Figures spread through 132 Pages and in-depth TOC on "Irrigation Controllers Market - Global Forecast to 2022"

https://www.marketsandmarkets.com/Market-Reports/irrigation-controller-market-185648236.html

Early buyers will receive 10% customization on this report 

The weather-based segment, by type, is estimated to be the larger segment in 2017. 

On the basis of type, the weather-based segment is estimated to account for a larger share of the irrigation controllers market in 2017. It is observed to be the most widely used type of irrigation controller. Weather-based irrigation controllers procure weather information through satellites and local weather stations and help in estimating and forecasting the accurate amount of irrigation required.

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The non-agricultural application is estimated to dominate the global market in 2017. 

On the basis of application, the non-agriculture segment dominated the global irrigation controllers market which includes applications such as sports grounds, residential, pastures, turf & landscapes, and golf courses. Globally, the number of sports grounds and golf courses being irrigated is increasing significantly. Furthermore, the increasing demand for irrigation controllers for lawns and gardens is expected to increase the demand for irrigation controllers.

The smart controllers segment, by product, is estimated to be the largest segment in 2017. 

On the basis of product, the smart controllers segment dominated the global irrigation controllers market. Factors such as the ability to generate and analyze forecast reports and obtain real-time farm moisture information are expected to drive the demand for irrigation controllers in the near future.

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The drip/trickle segment, by irrigation type, is estimated to be the largest segment in 2017. 

On the basis of irrigation type, the drip/trickle segment held the largest share of the global irrigation controllers market in 2016. The use of drip/trickle irrigation in controlled environment agriculture has led to an increased used of irrigation controllers.

Asia Pacific is estimated to be the most lucrative market for irrigation controllers through 2022. 

Asia Pacific is estimated to hold a significant share in the global irrigation controllers market in 2017 and is also projected to grow at the highest CAGR during the forecast period. Developing economies such as India, China, Japan, and South Korea are adopting modern farming techniques at a rapid pace. Furthermore, the constant financial support from the government is also expected to increase the demand for irrigation controllers.

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).

Browse related reports: 

Drip Irrigation Market by Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, and Pressure Pumps), Emitter/Dripper Type (Inline and Online), Application (Surface and Subsurface), Crop Type, and Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/drip-irrigation-systems-market-217216582.html

Sprinkler Irrigation Systems Market by Type (Center Pivot, Lateral Move, Solid Set), Crop Type (Cereals, Oilseeds & Pulses, Fruits & Vegetables), Field Size (Small, Medium, Large), Mobility (Stationary, Towable), and Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/mechanized-irrigation-system-market-29909492.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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Email:sales@marketsandmarkets.com

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/agriculture-industry

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