Global Irrigation Controllers market will reach 2220 million US$ by the end of 2025
The global Irrigation Controllers market is valued at 1230 million US$ in 2017 and will reach 2220 million US$ by the end of 2025, growing at a CAGR of 7.6% during 2018-2025.
Published Date: 2018/8/21
An irrigation controller is a device to operate automatic irrigation systems such as lawn sprinklers and drip irrigation systems. Most controllers have a means of setting the frequency of irrigation, the start time, and the duration of watering. Some controllers have additional features such as multiple programs to allow different watering frequencies for different types of plants, rain delay settings, input terminals for sensors such as rain and freeze sensors, soil moisture sensors, weather data, remote operation, etc.
The Toro Company is the world leading manufacturer in global Irrigation Controllers market with the revenue market share of 6.62%.There are some new players such as Skydrop，Weathermatic and Rachio only focus on Smart Controllers.
Compared to 2015, Irrigation Controllers market managed to increase sales by 7.88% to 1135.25 million USD worldwide in 2016 from 1052.33 million USD in 2015. Overall, the Irrigation Controllers market performance is positive.
With the increasing in production capacity, expected that the Irrigation Controllers raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Irrigation Controllers.
The global Irrigation Controllers market is valued at 1230 million US$ in 2017 and will reach 2220 million US$ by the end of 2025, growing at a CAGR of 7.6% during 2018-2025.
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