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
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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
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