Irrigation Controllers Market

Irrigation Controller Market Size & Growth(2022 - 2027):

The Irrigation Controller Market was estimated at USD 529.2 Million in 2021 and is extended to reach USD 1,186.6 Million by 2026, at a CAGR of 17.53% from 2022 - 2027. Irrigation controllers are significant in applying a lot of water at the right time to acquire maximum farming production and to accomplish an elevated level of proficiency in the utilization of water and synthetics.

The market is driven by the expanding requirement for water conservation and developing utilization of modern cultivating practices. Besides, factors, for example, quick development in the lawn and garden equipment market are required to expand the interest for irrigation controllers. Be that as it may, the high initial venture cost and declining farm earnings restrain the market development. Moreover, design challenges are bringing about low demand from labour escalated economies and are relied upon to represent a challenge to the worldwide market.

Recent Developments:

Lindsay Corporation (NYSE: LNN), a main worldwide maker and wholesaler of irrigation and system equipment and innovation, declares the acquisition of Net Irrigate, LLC, an agriculture Internet of Things innovation organization that gives distant observing answers for irrigation clients. Net Irrigate will join Lindsay's FieldNET brand of remote irrigation checking and control solutions.

Drivers and Restraints of Irrigation Controller Market:

Drivers:

Appeal for Water Conservation

As per water.org, 785 million individuals live without access to safe water while 144 million rely upon surface water to meet their fundamental needs. Water shortage is one of the significant variables prompting the interest for irrigation controllers. Ever-expanding populace, wastage of water assets, extreme utilization of groundwater, urbanization, and industrialization are a portion of the key variables for water shortage.

Government Schemes to Promote Proper Irrigation Systems

Different government plans, for example, the Micro Irrigation Fund (MIF) in the Indian farming area is another significant driver for the irrigation controllers. Public Bank for Agriculture and Rural Development affirmed a reserve of USD 420.2 million for MIF to empower open and private interests in Micro-Irrigation. The positive results of Micro-Irrigation have made food security successful because of an expansion in the development and efficiency of various yields. Utilization of an irrigation system expanded region under irrigation from a similar wellspring of water results in improved food security for the nation.

Restraints:

Significant expense of Installation and Repairs

The essential restraint related with an irrigation system is its significant expense, the establishment of which relies upon the size of the property. Parts of the land should be uncovered to introduce pipework and connect it to the pipes arrangement of the home, which is labour-intensive and tedious.

Additionally, wind can destruct sprinklers, along these lines coordinating water off course. The irrigation system can be harmed by underground bugs, bringing about water pooling or broken parts. The expense to fix an irrigation system can be significantly more costly than supplanting a harmed garden hose. Consequently, significant expense of establishment and fixes related with the sprinkler system may control market development.

Market Dynamics:

Rising awareness on water preservation, expanding agricultural tasks cost and developing significance to increase farm benefit by using smart irrigation arrangements are the essential elements that drive the development of worldwide smart irrigation controller’s market. Developing enthusiasm on automated systems, expanding research investments on developing smart irrigation systems utilizing internet of things (IoT), and persistent advancement in detecting innovations quickens the development of worldwide irrigation controller’s market. Expanding government activities developing smart towns and urban areas, and developing need to screen and control the water prerequisites of the field because of deficient precipitation and water shortage over the world fills the development of worldwide smart irrigation controller market. In any case, requirements identified with execution cost, and absence of awareness with respect to the expected advantages of smart irrigation controllers is distinguished as the limitations liable to stop the movement of worldwide irrigation controller’s market.

IRRIGATION CONTROLLER MARKET REPORT COVERAGE:

Irrigation Controller Market Segmentation:

Irrigation Controller Market – By Type:

• weather-based

• sensor-based

The sensor-based irrigation controller’s fragment is likely to develop at the most noteworthy CAGR during the conjecture time frame. Sensors help in acquiring continuous soil dampness level and determine the irrigation prerequisites.

Irrigation Controller Market – By Product:

• smart controllers
• tap timers
• basic controllers

The multi-usefulness of smart irrigation controllers and capacity to produce climate and farm reports are required to expand their interest. Smart Controllers remain a significant section contributing 64.2% of the general market regarding income in 2018 attributable to the rising interest for digitalized, easy to understand items, which can alter irrigation designs and automatically run at times to meet explicit farming prerequisites.

Irrigation Controller Market – By Application:

• agricultural
• and non-agricultural

The agriculture sector secured the biggest piece of the overall industry as irrigation controllers are most broadly utilized in sports grounds, golf courses, and private yards and gardens. The developing pattern of controlled environment agriculture is relied upon to expand the interest for irrigation controllers in the agricultural section.

Regional Insights:

In the U.S., more than 34 billion litres of water every day is utilized for landscape irrigation. The greater part of this water is squandered due to overwatering in light of the failures brought about by traditional techniques. Rising interest for completely automated systems that can change running times and water schedule consequently to meet the landscape needs is foreseen to flood the market development over the coming years.

As per "The State of Agricultural Commodity Markets" report, West Africa and India are probably going to see agriculture production fall as they utilize 2-3 times more water than other major agricultural nations, for example, U.S., Brazil, and China. Rising government activities for creating awareness about drip irrigation and smart solutions is foreseen to build the product demand over the estimate time frame.

The Integrated Modern Agriculture Development (IMAD) Project by the World Bank in China is required to create awareness about the environmental change farming practices combined with the institutional help for improving irrigation systems in China. Additionally, a venture of $313.4 million is made to give better system and new on-farm advances bringing about fortifying the item demand throughout the following years.

Key Players:

The worldwide market for irrigation controllers is dominated by huge players, for example, Valmont Industries (US), Lindsay Corporation (US), Toro (US), Hunter Industries (US), and Rain Bird (US), HydroPoint Data Systems (US), Netafim (Israel), Calsense (US), Glacon (Israel), Rachio (US), Weathermatic (US), Green IQ (Israel), and Nelson Irrigation (US) are a couple of other key market players that additionally have a critical demand in the global irrigation controller’s market.