The global Sprinklers Controller Market size is expected to reach USD 3,043.8 Million in 2028 and register a revenue CAGR of 14.7% over the forecast period, according to the latest report by Reports and Data. Increasing demand for better sports grounds and increasing use of Sprinklers Controller for both indoor & outdoor landscapes are key factors driving market revenue growth. Sprinklers Controller are very important to use a large volume of water at the proper moment to produce maximum agricultural yield and high levels of water & chemical efficiency.
The report studies financial information gathered by extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of the market share, market size, market revenue growth, and segments and sub-segments along with strategic recommendations to key market players and new entrants. The report also emphasizes nascent market segments and provides insights into the growth prospects and opportunities.
The pandemic of COVID-19 has wreaked havoc on the global economy. To contain the virus, several countries enacted stringent lockdowns, resulting in suspension of agricultural activity and disruption of agricultural equipment supply. Owing to a lack of equipment and several shocks affecting service delivery, such as economic limits, supply chain disruptions due to travel restrictions, and shortages of labor, the agricultural supply chain has been severely impacted.
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Key Players operating in the industry:
Major companies profiled in the market report are Valmont Industries, Inc., Lindsay Corporation, Hunter Industries, Rain Bird Corporation, The Toro Company, Nelson Irrigation Corporation, HydroPoint Data Systems, Orbit Irrigation Products, Inc, Holman Industries, and NaanDanJain Irrigation Ltd.
The reports assess the crucial market aspects such as revenue generation, demand and supply ratio, market dynamics, market value and share, CAGR, volatility of prices, market share, import/export, production and consumption patterns, among others. The report also deploys advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis.
Some Key Highlights from the Report:
- Weather-based segment accounted for largest revenue share in 2020, because of its widespread use in golf course irrigation, urban landscaping, and other personal activities like nursery and gardening. Weather irrigation system, also known as a smart controller or ET, supplies water only on specific areas in small amounts after automatically modifying itself based on local weather.
- Smart controllers segment is expected to account for a large revenue share in the global Sprinklers Controller market over the forecast period. Smart controllers help to reduce wastage of water and enable reinvestment in new and better irrigation technology, ensuring long-term sustainability and responsible irrigation.
- Sprinkler irrigation segment is expected to register a rapid revenue growth rate over the forecast period. Sprinkler Sprinklers Controller are used for controlling irrigation of grasses and turf in gardens, lawns, sports, and golf fields as urbanization, industrialization, and population continues to increase and expand. Sprinkler Sprinklers Controller aid in the displacement of water across long distances, thereby, reducing water usage.
- Agriculture segment is expected to grow at the highest revenue CAGR during the forecast period. Smart Sprinklers Controller are increasingly being used in agricultural applications like open fields and greenhouses to improve crop quality and save water usage. In addition, government initiatives about water conservation, as well as lower cost of smart irrigation controllers, are expected to improve farmer demand for the system.
- Market in North America accounted for significant revenue share in the global Sprinklers Controller market in 2020. The widespread use of smart Sprinklers Controller in big commercial farms, golf courses, and residential landscaping in US is one of the key elements fueling the market revenue growth.
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Market Segmentation:
Type Outlook (Revenue, USD Million; 2018-2028)
- Weather-based
- Sensor-based
Product Type Outlook (Revenue, USD Million; 2018-2028)
- Smart Controllers
- Tap Timers
- Basic Controllers
Irrigation Type Outlook (Revenue, USD Million; 2018-2028)
- Sprinkler Irrigation
- Drip Irrigation
Installation Type Outlook (Revenue, USD Million; 2018-2028)
- Modular
- Fixed
Control Type Outlook (Revenue, USD Million; 2018-2028)
- AC Powered
- Battery Operated
- Wi-Fi Controller
Application Outlook (Revenue, USD Million; 2018-2028)
- Agriculture
- Non-agriculture
Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
Objective of Studies:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Sprinklers Controller market.
- To provide insights about factors affecting the market growth. To analyze the Sprinklers Controller market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Sprinklers Controller market.
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