Global Irrigation Controller Market Outlook To 2023: Ken Research

Global Irrigation Controller Market Outlook To 2023: Ken Research - Sakshi Post

The report titled “Global Irrigation Controller Market Outlook to 2023 - By Region (North America, Europe, Asia Pacific, Rest of the World), By Type of System (Sensor Based System, Weather Based System) and By Type of Application (Agriculture and Non-Agriculture)” provides a comprehensive analysis on the global irrigation controller market. The report covers introduction, market size, competition, market segmentation by region (North America, Europe, Asia Pacific, Rest of the World), by type of system(sensor based system, weather based system), Growth Drivers, Restraints, Key Regulations Future Outlook and Analyst recommendation.

This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for manufacturers, distributors, resellers, end users, government and potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Global Irrigation Controller Market

Market Size: Irrigation controller market is still in the developing stage and lot of technological advancements is expected with improvement in wireless technology and miniaturization of hardware. Irrigation controller products registered a double digit CAGR from the period 2013 to 2018. The growth was mainly driven by increasing number financial aid for farmers, adoption of modern irrigation techniques, development of landscape in cities and adoption of specialized farming techniques in cities and urban areas. Technological innovations and increasing focus on water conservation has also resulted in increase in demand for irrigation controllers. Wide implementation of various drip irrigation technologies played an important role in driving demand for irrigation controllers in the recent years.

Market Segmentation

By Region:

North America was the biggest market for irrigation controller products accounting for majority of the market in 2018. It was followed by European and Asia-Pacific region. Adoption of Modern Irrigation Techniques over the years and rapid digitalization along with improvement in wireless connectivity has greatly boosted the ease of operation and was the major reason behind the growth in these regions. Most of the countries present in this region have disposable income higher than the global average due to which end users in these countries can afford the purchase irrigation controllers.

By Type of System:

The market is dominated by sensor based systems as they are more reliable and has been in market for much longer time. Sensor based systems are widely prevalent because of their low cost as compared to weather based irrigation controllers. However, the weather based systems are gradually gaining market share considering they can provide better water input based on the real time weather conditions.

By Type of Products (Basic Controllers, Tap Timers and Smart Controllers)

The basic controllers have the highest market share. It is followed by smart controllers and tap timers, both of which acquire almost similar market share. Ease of operation and low cost are the key factors for their high usage.

Competitive Landscape

The manufacturers of irrigation controller products sell their offerings to end users through distributors, online retailing and direct institutional selling. The report focuses on discussing the competitiveness of the major manufacturers and strategies used by them to differentiate in the market. The market is dominated by major global players although entrance of some other players has resulted in change of market dynamics. The report clarifies the parameters to differentiate one competitors from others and measures through which a product can be evaluated from the perspective of end users.

Future Outlook

The market for irrigation controllers is estimated to grow by double digit in the next five years and is expected to be nearly double by 2022. This market will be primarily driven by sale of smart irrigation controllers which will acquire majority of market share. The market will primarily grow due to requirements of water conserving equipments, digitalization of homes, shortage of water and increase in awareness among the farmers. The North American region is expected to grow at the fastest rate and will be mainly driven by adoption of high value technologically advanced products. Collaborating communities and technological innovations in the irrigation sector is expected to drive the global irrigation controller market in the future.

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