Dublin, Feb. 05, 2020 (GLOBE NEWSWIRE) -- The "Global Smart Irrigation Controllers Market: Focus on Type (Weather-Based and Soil-Based), End-User Industry (Agriculture and Non-Agriculture), and Region - Analysis and Forecast, 2019-2024" report has been added to ResearchAndMarkets.com's offering.
This report projects the market to grow at a significant CAGR of 15% during the forecast period from 2019 to 2024.
Increasing demand for water conservation, along with the growing adoption of smart irrigation practices are the key growth opportunities for companies in the industry. Major factors driving the growth of smart irrigation controllers include government initiatives for promoting water conservation, government providing rebates for installing smart irrigation controllers and focus on increasing farm productivity by using smart irrigation solutions.
Expert Quote
Supported by government policies and technological developments, landscape owners, and growers across the globe are expected to increase the implementation of smart irrigation technologies. Moreover, the smart irrigation controllers market is witnessing several upcoming trends and opportunities, further propelling growth in the industry. The advent of big data analytics and advancements in communication technologies is expected to drive the market during the forecast period.
Scope of the Report
The global smart irrigation controllers market research provides a detailed perspective regarding the type of controllers, end-user industry its value, and its estimation, among others. The purpose of this market analysis is to examine the smart irrigation controllers industry outlook in terms of factors driving the market, trends, developments, and investment landscape, among others.
The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contributions of the key players operating in the market. The smart irrigation controllers study is a compilation of different segments including market breakdown by type of controllers, end-user industry, and region.
Market Segmentation
The smart irrigation controllers market (on the basis of type) has been segmented into weather-based and soil-based controllers. Weather-based controllers dominated the global smart irrigation controllers market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2024).
The smart irrigation controllers market, on the basis of end-user industry, is segmented into agriculture and non-agriculture. The non-agriculture segment dominated the global smart irrigation controllers market in 2018 and is anticipated to maintain its dominance throughout the forecast period.
The smart irrigation controllers market by region is segregated under four major sections, namely North America, Europe, Asia-Pacific, and Rest-of-the-World. Data for each of these regions is provided by end-user industry and by country.
Key Companies
The key market players in the global smart irrigation controllers market include Valmont Industries, Lindsay Corporation, The Toro Company, Hunter Industries, Rain Bird Corporation, HydroPoint Data Systems, Netafim, Rachio Inc., Weathermatic, Green IQ, and Nelson Irrigation, among others.
Key Questions Answered
Key Topics Covered
Executive Summary
1 Market Dynamics
1.1 Market Drivers
1.1.1 Increasing Demand for Water Conservation
1.1.2 Increasing Government Initiatives and Investments
1.1.3 Growth in Adoption of Smart Agriculture Practices
1.2 Market Restraints
1.2.1 High Technological Costs and Limited Technical Knowledge and Skills
1.2.2 Lack of Standardization in the Smart Irrigation Industry
1.3 Market Opportunities
1.3.1 Data Management of Farms With the Help of Big Data
1.3.2 Advancement in Communication Technologies
2 Competitive Landscape
2.1 Key Market Developments and Strategies
2.1.1 Product Launches and Developments
2.1.2 Mergers and Acquisitions
2.1.3 Business Expansion and Contracts
2.1.4 Partnerships, Collaborations, and Joint Ventures
2.1.5 Others (Awards and Recognitions)
2.2 Competitive Benchmarking
3 Industry Analysis
3.1 Patent Analysis
3.1.1 Patent Analysis by Status
3.2 Pricing Trends
3.3 Investment and Funding Landscape
3.4 Opportunity Matrix
4 Global Smart Irrigation Controllers Market (by Type)
4.1 Assumptions and Limitations for Analysis and Forecast of the Global Smart Irrigation Controllers Market
4.2 Market Overview
4.3 Weather-Based Controllers
4.4 Soil- Based Controllers
5 Global Smart Irrigation Controllers Market (by End-user Industry)
5.1 Market Overview
5.2 Agriculture Industry
5.3 Non-Agriculture Industry
6 Global Smart Irrigation Controllers Market (by Region)
6.1 North America
6.1.1 North America (by End-user Industry)
6.1.2 North America (by Country)
6.1.2.1 U.S.
6.1.2.2 Canada
6.1.2.3 Mexico
6.1.2.4 Rest-of-North America
6.2 Asia-Pacific (APAC)
6.3 Europe
6.4 Rest-of-the-World (RoW)
7 Company Profiles
7.1 Overview
7.2 Calsense
7.2.1 Company Overview
7.2.2 Role of Calsense in Irrigation Smart Irrigation Controllers Market
7.2.3 SWOT Analysis
7.3 Galcon Ltd.
7.4 Holman Industries
7.5 Hunter Industries
7.6 HydroPoint Data Systems Inc.
7.7 K-Rain Manufacturing Corporation
7.8 Lindsay Corporation
7.9 Nelson Irrigation Corporation
7.10 Netafim
7.11 Rachio Inc.
7.12 Rain Bird Corporation
7.13 TevaTronic Ltd.
7.14 The Toro Company
7.15 Valmont Industries Inc.
7.16 Weathermatic
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