The latest research report by QY Research, titled “Global Non-Agriculture Smart Irrigation Controller Market Report, History and Forecast 2014-2025”, offers a complete study on every aspect of the market for the projected period of 2019-2025. This research report offers a detailed analysis of the key market segments, trends and opportunities, and key market dynamics of the global non-agriculture smart irrigation controller market.
The report states that the global non-agriculture smart irrigation controller market is estimated to be worth US$420 mn by 2025 from US$ 180 mn in the year 2018. The market is likely to register a robust CAGR of 12.3% over the forecast period.
Global Non-Agriculture Smart Irrigation Controller Market: Drivers and Restraints
The global market for non-agriculture smart irrigation controller is likely to witness significant growth in the coming years. Factors such as increasing need for water conservation in commercial and residential areas, rising demand for lawns and gardens, and the growing usage of new farming practices are expected to fuel the growth of the market. In addition, surging usage of internet and the smartphones and improving LTE infrastructure have a direct impact on the market as they are interlinked to cloud computing. Moreover, the internet of things (IoT) and the push towards smart homes are likely to create a positive impact on the growth of the market in the near future.
However, the high cost of installation is hampering the growth of the market over the forecast period.
Global Non-Agriculture Smart Irrigation Controller Market: Segmental Analysis
The market is segmented on the basis of applications and product type. Based on the applications, the market is segmented into residential, golf courses, and commercial. On the basis of product type, the global market for non-agriculture smart irrigation controller is segmented into sensor-based controllers and weather-based controllers.
Global Non-Agriculture Smart Irrigation Controller Market: Geographical Analysis
Asia Pacific is likely to offer lucrative opportunities to the non-agriculture smart irrigation controller market due government initiatives for better water management and focus on development of the vertical forest in the region. North America is expected to dominate the market in the coming years as well due to presence of a large number of sports grounds, lawns, golf courses, and gardens. In addition, technological advancements are expected to drive the growth of the market in this region.
Global Non-Agriculture Smart Irrigation Controller Market: Key Players
Some of the prominent players that are operating into the market are Orbit Irrigation Products, Hunter Industries, Netafim, Toro, Calsense, Rain Bird, GreenIQ, Scotts Miracle-Gro, Skydrop, HydroPoint Data Systems, Weathermatic, and Galcon.
Global Non-Agriculture Smart Irrigation Controller Market: Competitive Landscape
Product innovation is expected to be a key strategy adopted by the players. For Instance, Hunter Industries has come up with an additional feature of the existing product such as ICC2 controller. It is now web-enabled to provide a wide range of flexible and powerful remote irrigation and management capabilities. Companies will emphasize on these categories to increase their revenue and sales.