REPORT SCOPE & OVERVIEW:
Smart Irrigation Controllers Market Size was valued at USD 403.65 Million in 2023 and is expected to reach USD 1234.77 Million by 2031 and grow at a CAGR of 15% over the forecast period 2024-2031.
By 2021, the global agricultural land area had decreased by 2% from 2000, totalling 4.79 billion hectares (ha). Cropland accounted for one-third of this total (1.58 billion ha in 2021), showing a 6% increase (0.09 billion ha) over the period. Asia led with 37% of the global cropland area in 2021, followed by the Americas (24%), Africa (19%), Europe (18%), and Oceania (2%). Cropland expansion varied across regions during this period, with Oceania and Africa experiencing rapid growth (33% and 27%, respectively), while Asia and the Americas saw more moderate growth (4% and 2%).
Smart irrigation controllers, a key innovation in irrigation systems, account for nearly 38% of the global irrigation controllers’ market. These controllers utilize sensors and climate data to automatically adjust watering schedules and amounts based on current weather conditions and soil moisture levels. By optimizing water usage, they help conserve resources and reduce waste. Collecting data from soil moisture sensors, local weather stations, and evapotranspiration (ET) data, smart controllers create customized irrigation plans tailored to the landscape's specific needs. This targeted approach minimizes runoff, reduces water bills, and lowers maintenance costs. In 2023, North America led the smart irrigation controllers’ market with a 29% market share, projected to maintain its position, while Europe accounted for around 25% of the market share.
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KEY DRIVERS:
Growing Water Scarcity Concerns
With dwindling freshwater reserves becoming a global concern, there's a rising demand for water-efficient solutions. Smart controllers excel at optimizing water usage by precisely tailoring irrigation to specific needs, reducing wastage.
Increased Efficiency and Reduced Costs
RESTRAINTS:
Implementation Challenges on Fragmented Land
In regions with small, fragmented land holdings, installing smart irrigation systems can be complex and inefficient. The cost of equipping numerous small plots with the necessary components can outweigh the benefits.
Smart irrigation controllers often come with a steeper price tag compared to traditional timers.
OPPORTUNITIES:
Partnerships with Agritech and Sensor Manufacturers
Collaboration between smart irrigation controller manufacturers, agricultural technology (Agritech) companies, and sensor manufacturers can unlock new possibilities. Integration with advanced sensors and Agritech platforms can create comprehensive smart irrigation solutions tailored to specific agricultural needs.
Developing regions with growing economies often face water scarcity challenges.
CHALLENGES:
A challenge for farmers is the lack of awareness and adoption of smart irrigation controllers.
This market has been hindered by a limited awareness of smart irrigation controllers and their adoption. Although the benefits of smart irrigation controllers are numerous, a large number of consumers and companies do not even know that they exist or how they operate. This lack of awareness may lead to insufficient demand for these systems, which could limit their growth.
Impact Of Russia Ukraine War
Quantifying the precise impact of the Russia-Ukraine conflict on the smart irrigation controller market is challenging due to the ongoing nature of the situation. However, some numeric insights shed light on potential repercussions:
The global fertilizer market faces disruptions, with Russia and Ukraine jointly contributing approximately 13% of global exports. The conflict disrupts production and transportation of these crucial materials, potentially leading to shortages and increased prices for components used in smart irrigation controllers.
Furthermore, global oil prices have surged by over 60% as of March 2023 compared to the previous year, impacting production costs for smart irrigation systems.
In Europe, the International Monetary Fund (IMF) downgraded its 2023 growth forecast for the Eurozone to 2.8%, a notable decline from the earlier projection of 4.3%. This economic slowdown could curb consumer spending on non-essential items such as smart irrigation solutions, particularly affecting the European market due to its proximity to the conflict zone.
Although the precise numeric impact remains elusive, these trends hint at potential challenges. The market, driven by long-term trends of water scarcity and technological advancements, is likely to navigate these hurdles with resilience. The war injects uncertainty, posing risks of supply chain disruptions, economic anxieties, and regional instability for the smart irrigation controller market in the short term.
Impact of Economic Slowdown
An economic downturn poses challenges for the smart irrigation controller market, potentially hindering its growth trajectory. Reduced consumer spending during such periods often results in prioritization of essential goods over discretionary items like smart irrigation systems. A survey conducted by Consumer Reports in March 2023 revealed that 68% of respondents reported cutting back on non-essential spending due to economic concerns, indicating a potential decline in sales.
Furthermore, a sluggish economy typically translates to stagnant or declining activity in the construction industry. For instance, the Associated Builders and Contractors (ABC) in the US forecasts a 5.5% decline in private non-residential construction spending in 2024. This slowdown can directly impact the demand for smart irrigation systems in new developments, affecting a significant market segment.
Moreover, economic uncertainty may lead to project delays or cancellations, as businesses and homeowners hesitate to invest in non-critical improvement projects.
By Type
Plug-in Controllers
Standalone Controllers
Smart Homes Based Controllers
By End Use
Residential
Commercial
Golf Courses
Agricultural Fields And Greenhouse
The demand for intelligent irrigation controllers is driven by the water shortage in agricultural fields and greenhouse areas. In 2023, the agricultural fields and greenhouses accounted for the largest market share of 37%.
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North America and Europe have emerged as dominant forces in the Smart Irrigation Controllers market with the market share of 29 % and 25% respectively, driven by the widespread adoption of these systems. In North America, the region's prominence in the agriculture industry fuels demand, with the continent using 34 billion liters of water per day for landscape irrigation. Additionally, the development of the non-agricultural sector in the region has spurred contractors and residential planners to opt for smart irrigation controllers. In Europe, economic policies and growing awareness of the importance of water conservation and drip irrigation have further boosted the market.
Asia Pacific and the Middle East and Africa regions are experiencing significant growth as well, driven by increasing farmer awareness of healthy, chemical-free crop production. In Asia Pacific, countries like India, reliant on traditional irrigation methods leading to soil damage, are shifting towards sustainable, water-saving techniques due to government initiatives. China's substantial investments in farming technology advancements are expected to further drive market growth.
Latin America has also seen notable growth, attributed to urbanization, globalization, and rising consumer purchasing power. Consumers' preference for healthy food choices, coupled with technological advancements, has prompted farmers in the region to adopt automated irrigation systems for efficient crop cultivation with minimal waste generation.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major players in the Smart Irrigation Controllers Market are HUNTER INDUSTRIES, Rain Bird Corporation, The Toro Company, Valmont Industries., Calsense, Galcon, Nelson Irrigation Corporation., Weathermatic, Lindsay Corporation, HydroPoint Data Systems, and Others.
RECENT TRENDS
In February 2021, Rain Bird introduced a new, free mobile app called Rain Bird Resources to provide landscape workers and other irrigation experts with the information they require at any time of day or night.
Baseline launched Analytics, available to Base Manager users in App Manager, in February 2020. Any event in an irrigation system can be identified by the new Analytics app.
Rain Bird Corporation-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 403.65 Million |
| Market Size by 2031 | US$ 1234.77 Million |
| CAGR | CAGR of 15% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by type (Plug-in Controllers, Standalone Controllers, Smart Homes Based Controllers) • by Application (Residential, Commercial, Golf Courses, Agricultural Fields and Greenhouse) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | HUNTER INDUSTRIES, Rain Bird Corporation, The Toro Company, Valmont Industries., Calsense, Galcon, Nelson Irrigation Corporation., Weathermatic, Lindsay Corporation, HydroPoint Data Systems |
| Key Drivers |
• Growing Water Scarcity Concerns • Increased Efficiency and Reduced Costs |
| RESTRAINTS |
• Implementation Challenges on Fragmented Land • Smart irrigation controllers often come with a steeper price tag compared to traditional timers |
Ans: The Smart Irrigation Controllers Market is expected to grow at a CAGR of 15%.
Ans: Smart Irrigation Controllers Market size was USD 403.65 Million in 2023 and is expected to Reach USD 1234.77 Million by 2031.
Ans: Growing Water Scarcity Concerns is the major growth factor for the market.
Ans: Implementation Challenges on Fragmented Land to hinder the market growth.
Ans: North America have emerged as dominant Smart Irrigation Controllers market with the market share of 29 %.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact Of Russia Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Smart Irrigation Controllers Market Segmentation, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Plug-In Controllers
9.4 Standalone Controllers
9.5 Smart Homes Based Controllers
10. Smart Irrigation Controllers Market Segmentation, By End Use
10.1 Introduction
10.2 Trend Analysis
10.3 Residential
10.4 Commercial
10.5 Golf Courses
10.6 Agricultural Fields And Greenhouse
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Smart Irrigation Controllers Market by Country
11.2.3 North America Smart Irrigation Controllers Market By Type
11.2.4 North America Smart Irrigation Controllers Market By End Use
11.2.5 USA
11.2.5.1 USA Smart Irrigation Controllers Market By Type
11.2.5.2 USA Smart Irrigation Controllers Market By End Use
11.2.6 Canada
11.2.6.1 Canada Smart Irrigation Controllers Market By Type
11.2.6.2 Canada Smart Irrigation Controllers Market By End Use
11.2.7 Mexico
11.2.7.1 Mexico Smart Irrigation Controllers Market By Type
11.2.7.2 Mexico Smart Irrigation Controllers Market By End Use
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Smart Irrigation Controllers Market by Country
11.3.2.2 Eastern Europe Smart Irrigation Controllers Market By Type
11.3.2.3 Eastern Europe Smart Irrigation Controllers Market By End Use
11.3.2.4 Poland
11.3.2.4.1 Poland Smart Irrigation Controllers Market By Type
11.3.2.4.2 Poland Smart Irrigation Controllers Market By End Use
11.3.2.5 Romania
11.3.2.5.1 Romania Smart Irrigation Controllers Market By Type
11.3.2.5.2 Romania Smart Irrigation Controllers Market By End Use
11.3.2.6 Hungary
11.3.2.6.1 Hungary Smart Irrigation Controllers Market By Type
11.3.2.6.2 Hungary Smart Irrigation Controllers Market By End Use
11.3.2.7 Turkey
11.3.2.7.1 Turkey Smart Irrigation Controllers Market By Type
11.3.2.7.2 Turkey Smart Irrigation Controllers Market By End Use
11.3.2.8 Rest of Eastern Europe
11.3.2.8.1 Rest of Eastern Europe Smart Irrigation Controllers Market By Type
11.3.2.8.2 Rest of Eastern Europe Smart Irrigation Controllers Market By End Use
11.3.3 Western Europe
11.3.3.1 Western Europe Smart Irrigation Controllers Market by Country
11.3.3.2 Western Europe Smart Irrigation Controllers Market By Type
11.3.3.3 Western Europe Smart Irrigation Controllers Market By End Use
11.3.3.4 Germany
11.3.3.4.1 Germany Smart Irrigation Controllers Market By Type
11.3.3.4.2 Germany Smart Irrigation Controllers Market By End Use
11.3.3.5 France
11.3.3.5.1 France Smart Irrigation Controllers Market By Type
11.3.3.5.2 France Smart Irrigation Controllers Market By End Use
11.3.3.6 UK
11.3.3.6.1 UK Smart Irrigation Controllers Market By Type
11.3.3.6.2 UK Smart Irrigation Controllers Market By End Use
11.3.3.7 Italy
11.3.3.7.1 Italy Smart Irrigation Controllers Market By Type
11.3.3.7.2 Italy Smart Irrigation Controllers Market By End Use
11.3.3.8 Spain
11.3.3.8.1 Spain Smart Irrigation Controllers Market By Type
11.3.3.8.2 Spain Smart Irrigation Controllers Market By End Use
11.3.3.9 Netherlands
11.3.3.9.1 Netherlands Smart Irrigation Controllers Market By Type
11.3.3.9.2 Netherlands Smart Irrigation Controllers Market By End Use
11.3.3.10 Switzerland
11.3.3.10.1 Switzerland Smart Irrigation Controllers Market By Type
11.3.3.10.2 Switzerland Smart Irrigation Controllers Market By End Use
11.3.3.11 Austria
11.3.3.11.1 Austria Smart Irrigation Controllers Market By Type
11.3.3.11.2 Austria Smart Irrigation Controllers Market By End Use
11.3.3.12 Rest of Western Europe
11.3.3.12.1 Rest of Western Europe Smart Irrigation Controllers Market By Type
11.3.2.12.2 Rest of Western Europe Smart Irrigation Controllers Market By End Use
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia Pacific Smart Irrigation Controllers Market by Country
11.4.3 Asia Pacific Smart Irrigation Controllers Market By Type
11.4.4 Asia Pacific Smart Irrigation Controllers Market By End Use
11.4.5 China
11.4.5.1 China Smart Irrigation Controllers Market By Type
11.4.5.2 China Smart Irrigation Controllers Market By End Use
11.4.6 India
11.4.6.1 India Smart Irrigation Controllers Market By Type
11.4.6.2 India Smart Irrigation Controllers Market By End Use
11.4.7 Japan
11.4.7.1 Japan Smart Irrigation Controllers Market By Type
11.4.7.2 Japan Smart Irrigation Controllers Market By End Use
11.4.8 South Korea
11.4.8.1 South Korea Smart Irrigation Controllers Market By Type
11.4.8.2 South Korea Smart Irrigation Controllers Market By End Use
11.4.9 Vietnam
11.4.9.1 Vietnam Smart Irrigation Controllers Market By Type
11.4.9.2 Vietnam Smart Irrigation Controllers Market By End Use
11.4.10 Singapore
11.4.10.1 Singapore Smart Irrigation Controllers Market By Type
11.4.10.2 Singapore Smart Irrigation Controllers Market By End Use
11.4.11 Australia
11.4.11.1 Australia Smart Irrigation Controllers Market By Type
11.4.11.2 Australia Smart Irrigation Controllers Market By End Use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Smart Irrigation Controllers Market By Type
11.4.12.2 Rest of Asia-Pacific Smart Irrigation Controllers Market By End Use
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Smart Irrigation Controllers Market by Country
11.5.2.2 Middle East Smart Irrigation Controllers Market By Type
11.5.2.3 Middle East Smart Irrigation Controllers Market By End Use
11.5.2.4 UAE
11.5.2.4.1 UAE Smart Irrigation Controllers Market By Type
11.5.2.4.2 UAE Smart Irrigation Controllers Market By End Use
11.5.2.5 Egypt
11.5.2.5.1 Egypt Smart Irrigation Controllers Market By Type
11.5.2.5.2 Egypt Smart Irrigation Controllers Market By End Use
11.5.2.5 South Africa
11.5.2.5.1 South Africa Smart Irrigation Controllers Market By Type
11.5.2.5.2 South Africa Smart Irrigation Controllers Market By End Use
11.5.2.6 Rest of Africa
11.5.2.6.1 Rest of Africa Smart Irrigation Controllers Market By Type
11.5.2.6.2 Rest of Africa Smart Irrigation Controllers Market By End Use
11.5.2.6 Saudi Arabia
11.5.2.6.1 Saudi Arabia Smart Irrigation Controllers Market By Type
11.5.2.6.2 Saudi Arabia Smart Irrigation Controllers Market By End Use
11.5.2.7 Qatar
11.5.2.7.1 Qatar Smart Irrigation Controllers Market By Type
11.5.2.7.2 Qatar Smart Irrigation Controllers Market By End Use
11.5.2.8 Rest of Middle East
11.5.2.8.1 Rest of Middle East Smart Irrigation Controllers Market By Type
11.5.2.8.2 Rest of Middle East Smart Irrigation Controllers Market By End Use
11.5.3 Africa
11.5.3.1 Africa Smart Irrigation Controllers Market by Country
11.5.3.2 Africa Smart Irrigation Controllers Market By Type
11.5.3.3 Africa Smart Irrigation Controllers Market By End Use
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Smart Irrigation Controllers Market by Country
11.6.3 Latin America Smart Irrigation Controllers Market By Type
11.6.4 Latin America Smart Irrigation Controllers Market By End Use
11.6.5 Brazil
11.6.5.1 Brazil Smart Irrigation Controllers Market By Type
11.6.5.2 Brazil Smart Irrigation Controllers Market By End Use
11.6.6 Argentina
11.6.6.1 Argentina Smart Irrigation Controllers Market By Type
11.6.6.2 Argentina Smart Irrigation Controllers Market By End Use
11.6.7 Colombia
11.6.7.1 Colombia Smart Irrigation Controllers Market By Type
11.6.7.2 Colombia Smart Irrigation Controllers Market By End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Smart Irrigation Controllers Market By Type
11.6.8.2 Rest of Latin America Smart Irrigation Controllers Market By End Use
12. Company Profiles
12.1 HUNTER INDUSTRIES
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Rain Bird Corporation
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 The Toro Company
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Valmont Industries
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Calsense
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Galcon
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Nelson Irrigation Corporation
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Weathermatic
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Lindsay Corporation
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 HydroPoint Data Systems
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. USE Cases And Best Practices
15. Conclusion
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