Smart Irrigation Controllers Market Future Forecast Indicates Impressive Growth Rate


Posted June 19, 2020 by bisrsrch

Smart Irrigation Controllers Market Analysis by BIS Research projects the market to grow at a significant CAGR of 15.0% during the forecast period 2019-2024

 
Water scarcity is currently considered a significant environmental issue across the globe. Although commercial industry and agriculture industry use majority of the water resources, the residential sector has also become a major end user of the same, and this trend can be witnessed largely in the developed countries. Several studies have showcased that majority of the residential usage of water resources is being used for landscape irrigation. Though irrigation is important for maintaining the plant health, excess watering can lead to a negative impact both on the environment as well as on the economy.

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Due to climate change across the globe, water has become a limited resource for landscape managers and farmers. Therefore, smart irrigation systems that promote the use of water more efficiently and effectively, are being used very frequently nowadays. Smart irrigation technologies help consumers of both agriculture and non-agriculture industries to schedule irrigation patterns for their lawns or fields.

In the agriculture industry, crops usually require a high amount of water for irrigation and this is increasingly becoming an important concern for growers across the globe. Increasing population and drought conditions across the globe have put water under a critical category which has led to new approaches being followed for saving water. The demand for smart irrigation controllers in the agriculture industry is growing due to the increasing demand for food quality across the globe, initiatives taken by various governments for water conservation, and increasing rebates and subsidies.

The demand for fresh water for irrigation purposes in the agriculture land has been rapidly increasing. To meet this demand, optimal and reduced use of resources is achieved through the use of irrigation controllers, sensors and remote operations. Usually, the agriculture industry faces several risks which include rainfall forecasts, inadequate irrigation and ambiguities in the harvesting methods, affecting the overall productivity. The use of smart irrigation systems will help farmers in overcoming these risks. With the help of advanced technologies, users can get real-time and accurate data about their fields and on the basis of which, important decisions about the irrigation and harvest can be made.

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Key players in the smart irrigation controllers market are coming up with new products and various product developmental activities in order to generate public awareness about their existing and new products. This strategy has been widely adopted by the players in this market. The reputed players include Rain Bird Corporation, Rachio Inc., Hunter Industries, and Hydro Point Data Systems. In March 2019, Rain Bird Corporation launches new DIY in-ground sprinkler with click-n-go hose connect.

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Last Updated June 19, 2020