Global Irrigation Controllers Market to Reach $2.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Irrigation Controllers estimated at US$712.1 Million in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 16.4% over the period 2020-2027. Weather-based, one of the segments analyzed in the report, is projected to record 16.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sensor-based segment is readjusted to a revised 16.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $191.8 Million, While China is Forecast to Grow at 21.3% CAGR
The Irrigation Controllers market in the U.S. is estimated at US$191.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$478.7 Million by the year 2027 trailing a CAGR of 21.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.
Select Competitors (Total 44 Featured):
Amid the COVID-19 crisis, the global market for Irrigation Controllers estimated at US$712.1 Million in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 16.4% over the period 2020-2027. Weather-based, one of the segments analyzed in the report, is projected to record 16.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sensor-based segment is readjusted to a revised 16.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $191.8 Million, While China is Forecast to Grow at 21.3% CAGR
The Irrigation Controllers market in the U.S. is estimated at US$191.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$478.7 Million by the year 2027 trailing a CAGR of 21.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.
Select Competitors (Total 44 Featured):
- Calsense
- Galcon Israel
- Greeniq Ltd.
- Hunter Industries, Inc.
- Hydropoint Data Systems
- Lindsay Corporation
- Nelson Irrigation Corporation
- Netafim Ltd.
- Rachio Inc.
- Rain Bird Corporation.
- Toro Company
- Valmont Industries, Inc.
- Weathermatic
Frequently Asked Questions about the Global Market for Irrigation Controllers
What is the estimated value of the Global Market for Irrigation Controllers?
What is the growth rate of the Global Market for Irrigation Controllers?
What is the forecasted size of the Global Market for Irrigation Controllers?
Note: Product cover images may vary from those shown
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 44
Note: Product cover images may vary from those shown
