PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403544
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403544
According to Stratistics MRC, the Global Irrigation Controllers Market is accounted for $1,198.5 million in 2023 and is expected to reach $3,673.0 million by 2030 growing at a CAGR of 17.35% during the forecast period. Watering plants automatically is accomplished in agriculture, landscaping, and gardening with the use of irrigation controllers, often known as sprinkler system controllers or irrigation timers. Moreover, in order to ensure effective and reliable watering, users can program precise irrigation schedules and durations using this mechanical or electrical equipment. Additionally, for the purpose of conserving water and enhancing plant health, they can be set to turn on sprinklers, drip systems, or other irrigation techniques at specific intervals.
According to the UNESCO study, 2.5 billion individuals do not have access to clean drinking water, and 3.6 billion do not have the key to securely regulated sanitation.
Water wastage and excess utilization are minimized by these controllers, which provide accurate and effective water distribution. Additionally, they respond to shifting soil moisture levels and weather conditions by modifying irrigation schedules based on actual needs, utilizing cutting-edge sensors and real-time data analysis. Moreover, along with saving a lot of money and promoting ecologically friendly irrigation techniques, this also conserves water supplies. Furthermore, as the world's concern over water scarcity grows, irrigation controller adoption is essential to encouraging sustainable landscaping, agriculture, and water conservation efforts in general and thereby propelling market expansion significantly.
These controllers are costly due to their extensive features, technologies, and capabilities. Additionally, some potential clients may find this to be a hurdle, particularly smaller farmers or consumers on a tighter budget. Moreover, the initial outlay needed to buy and install irrigation controllers, including any further costs for integration or customization, can discourage people or businesses from implementing these systems. Therefore, the high initial cost of installation and implementation is one of the drawbacks of the irrigation controllers on the market.
Devices increase water efficiency because smart controllers may adjust irrigation schedules based on ongoing weather and soil moisture monitoring. Moreover, besides from saving money on operating costs and water waste, customers can conveniently and flexibly operate irrigation systems from any location thanks to remote monitoring and control features. Furthermore, sophisticated sensors and automation lead to better agricultural crop yields, healthier landscapes, and reduced manual labor. In addition, these developments align with the economic and environmental goals of the landscaping and agricultural industries by promoting sustainability, conservation, and effective utilization of water resources. Therefore, the irrigation controller sector benefits greatly from technology improvements in a number of ways.
A large number of homeowners, landscapers, and farmers are unaware of the advantages and uses of irrigation controllers, and this lack of understanding prevents these systems from being adopted. In order to overcome this obstacle, industry partnerships, educational programs, and focused marketing campaigns must be launched to increase public awareness of irrigation controllers and emphasize their potential for cost savings, efficiency, and environmental benefits. Hence, the lack of knowledge among potential consumers is a major drawback in the irrigation controller business.
The market for irrigation controllers was negatively impacted by the COVID-19 outbreak. Numerous building projects and agricultural operations were put on hold or postponed, and lockdowns and severe social distancing measures were implemented. Moreover, due to uncertainty and budgetary restrictions, farmers and landscapers saw a decline in the need for irrigation controllers. Additionally, irrigation controller production and distribution were also impacted by disruptions in global supply chains and manufacturing operations, which resulted in a shortage of the product and higher pricing. Therefore, due to the negative effects of the pandemic on the construction and agriculture industries, the market for irrigation controllers saw a slump overall.
The Sensor based controllers segment is estimated to hold the largest share, due to these controllers collect real-time environmental data using a variety of sensors, including soil moisture and weather sensors. Moreover, the use of sensor-based controllers in landscaping and agriculture has grown in popularity because they provide accurate and flexible irrigation control. Furthermore, this category is a major force behind innovation in the irrigation industry because of its capacity to conserve water resources, which is in line with sustainability goals and has led to growing adoption.
The Sprinkler segment is anticipated to have lucrative growth during the forecast period, due to landscapes, gardens, and lawns are frequently irrigated with the help of sprinkler controls. Additionally, users may establish distinct watering durations and schedules for various zones with these controllers' programmable scheduling features. Furthermore, this market has recently seen the introduction of smart sprinkler controllers, which can adjust watering schedules depending on meteorological data and be operated remotely via mobile apps. Thus, as it offers a combination of contemporary features and dependability, the sprinkler section of the irrigation controller market holds large.
North America commanded the largest market share during the extrapolated period owing to the incorporation of smart and IoT (Internet of Things) technology into irrigation systems is one of these advancements; it permits remote control and monitoring via cloud-based platforms and mobile apps. Additionally, to maximize irrigation schedules based on current weather and soil moisture levels and improve water efficiency, sophisticated sensors and weather forecasting data are also integrated. Furthermore, North American businesses have been creating sustainable and eco-friendly irrigation systems. Thus, these advancements demonstrate the region's increased emphasis on effective and ecologically friendly irrigation techniques.
Europe is expected to witness profitable growth over the projection period. Government laws in Europe have shifted more and more toward encouraging water-efficient and sustainable irrigation controller industry practices. Additionally, a number of laws and incentives have been put in place to promote the use of cutting-edge irrigation technology. Moreover, financial assistance is frequently provided by these policies to farmers and landowners who make investments in smart controllers and water-saving irrigation systems. Furthermore, stricter rules are in place to guarantee appropriate water consumption in landscaping and agriculture, and there is an increasing focus on water resource management and conservation.
Some of the key players in the Irrigation Controllers Market include Calsense, Galcon Ltd., Hunter Industries, FlyBird Farm Innovations Pvt Ltd, Nelson Irrigation, HydroPoint Data Systems Inc, Rachio Inc., Netafim Ltd. (Orbia), The Toro Company, Rain Bird Corporation, Weathermatic, Valmont Industries Inc., Rivulis, Mottech and Irritec.
In October 2023, Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, announced a strategic partnership with FieldSync, a pioneering provider of infrastructure data acquisition and analytics technology.
In July 2023, Valmont® Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, announced it has entered into a definitive agreement to acquire HR Products, a leading wholesale supplier of irrigation parts in Australia, expanding the Company's geographic footprint and growing its parts presence in a key agriculture market.
In February 2022, Calsense announced the release of its latest innovation, Irrigation Management as a Service™, or IMaaS™. IMaaS represents a unique and highly valuable approach to irrigation management, in that it eliminates the need for customers to secure capital funds to purchase smart irrigation controllers, sensors and/or software..