According to Technavio’s latest market research study, the global automatic irrigation equipment market is expected to grow at a CAGR of over 14% during the forecast period 2017-2021.
This report by Technavio provides an in-depth analysis of the global automatic irrigation equipment market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product type
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The top three revenue contributing product segments are discussed below
Global automatic irrigation controllers market: Features like automatic updates, timers, and pagers attributed to the growth of this market segment. The rising concerns of water scarcity, growing awareness of the benefits of the automatic irrigation system, and the availability of ergonomically designed controllers with various functions will boost the demand for these products during the forecast period.
“The vendors are launching devices that automatically get updates through a simple weather sensor. These controllers have a pager that is constantly updated on the climatic condition from local weather stations or soil moisture sensors. These technologically advanced systems can irrigate land based on volume, receive feedback from the process, and react to actual events happening during the process,” says Amber Chourasia, a lead analyst at Technavio for research on agricultural equipment.
Global automatic irrigation sensors market: The extensive use of these sensors enhances the productivity and profitability of crop and land. The increasing awareness of the benefits associated with using these sensors like allowing farmers to decide when to irrigate, amount of irrigation water required, and amount of fertilizers required by the plants will boost the demand for these systems in the market. These sensors are also used for the detection of rain, wind, freeze, and soil moisture.
Global automatic irrigation sensors market: The availability of various valves for industrial and large size sprinkler systems will help in the growth of this market segment during the forecast period. The players in the market are introducing remote controlled, electric or hydraulic valves that have timers or other signaling devices to facilitate the open and close functionality of these systems. The new-generation control valves launched in the market are powered by electricity such as solenoid valves. Such innovations will fuel the demand for these products in the coming years.
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The top vendors operating in the global automatic irrigation equipment market are:
- Jain Irrigation Systems
- Netafim
- Rain Bird
- The Toro Company
Other prominent vendors in the market include Hunter Industries, Lindsay, Lawn genie, Mazzei, Nelson Irrigation, Irritrol, and Orbit Irrigation Products.
A more detailed analysis is available in the Technavio report titled, ‘Global Automatic Irrigation Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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