Smart Irrigation Controllers Market worth USD 2807.98 million by 2027

The Market Statsville Group (MSG) publishes the new report on the "Smart Irrigation Controllers Market by Type (Weather-Based and Soil-Based), by End-User (Agriculture and Non-Agriculture), and by Region - Global Trends, Market Share, and Forecast to 2027". The global smart irrigation controllers market was valued at USD 1,055.4 million in 2020 to USD 2807.38 million by 2027, at a CAGR of 15% from 2021 to 2027. Data aggregation and data management are major issues in the smart irrigation industry. One of the major barriers to efficient data use is the lack of industrial standards for data management applications in the smart irrigation industry. The problem currently being faced in the industry is the inability to standardize data management systems across the agriculture industry for the uniformity of operations. Data collection is carried out using advanced equipment such as remote sensors that are connected by IoT. This gathered data is further backed and analyzed in servers. Thus, the use of smart irrigation practices requires a standard process in developing technical infrastructures. However, many developing countries do not have a strong background that can allow them to standardize the process. Moreover, several growers across the globe are unable to set the desired standards. This limits the implementation of smart irrigation controllers in these farmlands.

Global Smart Irrigation Controllers Market Segmentation

The overall smart irrigation controllers market has been segmented into types, end-user, and regions.

• By Type (Weather-Based and Soil-Based)
• By End-User (Agriculture and Non-Agriculture)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Non-Agriculture, by end-user, is estimated to hold the largest market share during the forecast period

Based on the end-user, the global smart irrigation controllers market has been segmented into agriculture and non-agriculture. In 2020, Non-Agriculture accounted for the largest market share of 56.88% in the global smart irrigation controllers market and had a CAGR of 15.26% during the forecast period. The non-agriculture industry registered the largest market share due to the increasing usage of smart irrigation controllers in golf courses, sports grounds, residential areas, private lawns, and gardens. However, the growing trend of greenhouse facilities is expected to support the increasing usage of smart irrigation controllers in the agriculture end-user industry.

Landscape irrigation is the largest application of portable water in the residential sector, accounting for more than half of the urban water usage, highlighting the importance of standards for the smart irrigation product category. Residential and commercial landscape irrigation sectors together use more than one trillion gallons of water every year, which is associated with more than three terawatt-hours of embedded electricity per year required for water supply, potable water treatment, conveyance, and distribution. The U.S. Environmental Protection Agency (EPA) has stated that if every household in the U.S. had a smart controller installed, the country could save more than USD 400 billion of water cost and USD 120 billion gallons of water every year, which is more than enough to meet the increasing water demand.

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North America accounts for the largest market share during the forecast period in the smart irrigation controllers market

The global smart irrigation controllers market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa based on the regions. In 2020, North America was accounted for the highest revenue share in the market of 34.18% in the global smart irrigation controllers market and growing CAGR of 13.33% during the forecast period, 2021-2027, followed by Europe and the Asia Pacific.

The region has been experiencing rapid growth in the smart irrigation industry in the past few years owing to increasing technological advancements and government support for smart irrigation controllers. The majority of the water used for landscape irrigation is wasted because of the use of traditional irrigation systems. Increasing demand for smart irrigation controllers which meet the demand of run times and water schedules automatically is expected to increase the growth in the coming years. North America is one of the early adopters of smart irrigation controllers due to the region's increased adoption of smart agriculture practices. Similarly, emerging technological advancements in agriculture, including smart irrigation facilities for ensuring sustainable irrigation and minimal wastage of water, have also supported the growth of smart irrigation controllers in the region. Countries in the region, such as the U.S., Canada, and Mexico, are witnessing a huge amount of smart irrigation equipment adoption because of increased technological advancements.

The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Rain Machine, ET Water, Galcon Industries, Weathermatic, Calsense, and AquaSpy are some of the major companies that are operating in the market of global smart irrigation controllers.

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