Increasing initiatives and awareness about water conservation and the surging need for improved and state-of-the-art automated irrigation systems are the major factors propelling the market growth.
The global Smart Irrigation Controllers Market is expected to be valued at USD 732.7 Million in 2027 from USD 256.5 Million in 2019, registering a CAGR of 14.9% through the forecast period. The significant growth of the market can be accredited to the escalating scarcity of water, increasing government initiatives to raise awareness about water conservation, and the accelerated adoption of smart technologies. The growing apprehension about the conservation of water has raised the demand for enhanced irrigation controllers.
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Moreover, the growing penetration of smartphones in developing nations has created lucrative opportunities as the smart irrigation controller providers are now offering voice assistance-based automated irrigation schedules. The rising usage of smartphones and tablets by the farmers assist them in gaining information about the weather change and climate conditions, compelling them to adopt smart irrigation systems, thereby increasing farm productivity. This is further adding traction to the market growth. Additionally, the emergence of and the rapid progress of smart cities is foreseen to further bolster the adoption of smart irrigation controllers.
Furthermore, the increasing need for better crop yield, the declining workforce in numerous countries, and the limited availability of resources such as arable land and clean water are projected to further drive the market demand over the estimated timeframe. However, lack of skill sets and technical knowledge coupled with high costs of the systems is expected to impede the market growth.
Key Highlights from the Report:
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For the purpose of this report, Emergen Research has segmented the global Smart Irrigation Controllers Market on the basis of type, end-users, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
End Users Outlook (Revenue, USD Million; 2017-2027)
Regional Outlook (Revenue, USD Million; 2017-2027)
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