The Global Irrigation Controllers Market is projected to reach a value of over USD 2,600 million exhibiting a CAGR of around 16% by the end of 2027.
Irrigation controllers are also called irrigation timers, which perform control of irrigation through the use of valves, pumps, variable speed drives, electronic starters, etc. and a program established by the farmer or farm technician.
The irrigation controller system has built-in water-saving features including a sensor to adjust to the optimal sprinkler run time based on the local weather conditions. Smart controllers provide a healthy, beautiful landscape while reducing water consumption and water costs.
Market Driver:
According to water.org, 785 million people live without access to safe water while 144 million depend on surface water to meet their basic needs. Water scarcity is one of the important factors leading to the demand for irrigation controllers. Ever-increasing population, misuse of water resources, excessive use of groundwater, urbanization, and industrialization are some of the key factors for water scarcity.
For instance, more than 70% of water is used to grow crops and most are wasted due to leaky pipes and poor watering techniques. Use of irrigation controllers promotes water conservation and reduces water costs. These operated by deriving real-time data from sensors, weather forecasts, and plant-care databases to determine watering needs and deliver just enough moisture at just the right time.
Therefore, the need for water conservation across the globe promotes the use of irrigation controller systems.
Various government schemes such as the Micro Irrigation Fund (MIF) in the Indian agricultural sector is another major driver for the irrigation controllers. National Bank for Agriculture and Rural Development approved a fund of USD 420.2 million for MIF to encourage public and private investments in micro-irrigation. The positive outcomes of micro-irrigation have made food security effective due to an increase in the production and productivity of different crops. Use of a smart irrigation system increased area under irrigation from the same source of water and results in enhanced nutritional security for the country.
Moreover, the US government announced a WaterSMART program in early 2018 to reduce water wastages and increase water supply through investments in modernizing existing infrastructure.
The benefits of using micro-irrigation technology include the efficient deployment of water, electricity, fertilizers, labor, and increased crop productivity and quality.
Market Restraint:
The primary disadvantage associated with a sprinkler system is its high cost, the installation of which depends on the size of the property. Portions of the land need to be dug up to install pipework and attach it to the plumbing system of the home, which is labor-intensive and time-consuming.
Moreover, wind can destruct sprinklers, thereby directing water in the wrong direction. The water-delivery systems can be damaged by underground pests, resulting in water pooling or broken parts. The repairs to fix an irrigation system can be much more expensive than replacing a damaged garden hose.
Therefore, high cost of installation and repairs associated with the sprinkler system might restrain market growth.
The report on the irrigation controllers market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Type, Product, Irrigation Type, and Application |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Irrigation Controllers Market, by Type
Irrigation Controllers Market, by Product
Irrigation Controllers Market, by Irrigation Type
Irrigation Controllers Market, by Application
Irrigation Controllers Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE IRRIGATION CONTROLLERS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY