Global Irrigation Timers and Controllers Market 2018-2022

Global Irrigation Timers and Controllers Market 2018-2022

  • November 2018 •
  • 115 pages •
  • Report ID: 5622896 •
  • Format: PDF
About this market
End-users are increasingly adopting smart timers and controllers due to their remote access convenience. Sprinkling of water by these smart irrigation systems can be scheduled and customized according to the sun exposure, nozzles, and soil and plant type. These smart sprinkler irrigation systems can also be integrated with Amazon Alexa, Google Assistant, Wink, IFTTT, Nest, Nexia, and Control4. For instance, the Rachio Wi-Fi Sprinkler Controller developed by Rachio can be integrated with Amazon Alexa and controlled through voice commands and apps. The ST8-WiFi Smart Irrigation Timer developed by Rain Bird comes with smart watering features which can modify the daily watering schedule according to temperature, season, local weather, and humidity. Thus, the advent of smart timers and controllers will be a key trend boosting the growth of irrigation timer an controllers market during the forecast period. Technavio’s analysts have predicted that the irrigation timers and controllers market will register a CAGR of almost 16% by 2022.

Market Overview
Innovation in product functionality and features
Key vendors of the global irrigation timers and controllers market are developing innovative products which have enhanced features and functionalities. Water can be controlled accurately based on environmental changes and different stages of crop development with the help of these systems. Also the clock units in these controllers help in activating the subunits at specified times.

High product and installation costs
The high implementation costs of irrigation timers and controllers is realized by some vendors only after onsite testing. Although the irrigation timer and controller cost have decreased over the years due to improvements in battery technology and economies of scale, the startup cost for large farm fields is still high. The low income from farms also acts as a deterrent to the implementation of these systems. Thus, the high product and installation costs will hamper the growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the irrigation timers and controllers market during 2018-2022, view our report.

Competitive Landscape
The market appears to be fairly concentrated and with the presence of several companies including HUNTER INDUSTRIES, and Lindsay the competitive environment is quite intense. Factors such as the development of innovative products with improved features and functionalities, will provide considerable growth opportunities to irrigation timer and controller companies. HUNTER INDUSTRIES, Lindsay, Rain Bird, The Toro Company, and Valmont Industries are some of the major companies covered in this report.