Report ID: SQMIG20H2031
Report ID:
SQMIG20H2031 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
Irrigation Controllers Market Driver
Irrigation water management is one of the most critical aspects of lawn and garden maintenance. Traditional methods squander a large amount of water owing to evaporation and runoff during lawn and garden irrigation. The usage of irrigation controllers can dramatically reduce such waste. Household water consumption has increased dramatically in the summer as lawns and gardens require more water for irrigation. The United States, for example, has a large area under lawns and gardens. However, according to the Environmental Protection Agency of the United States, more than half of the water used outdoors in the United States is wasted owing to poor watering practices and irrigation control systems. Because of the water sensitivity of lawns and gardens, water management is critical to avoiding overwatering and ensuring plant survival through the use of advanced irrigation systems such as irrigation controllers. Furthermore, smart irrigation systems for lawns and gardens help to reduce water waste and watering time.
Irrigation Controllers Market Restraint
High debt, poor cash flow, diminished competitiveness, low investor confidence in the sector, and margin pressure have damaged farmers' ability to invest in irrigation equipment as a result of agribusiness's fragmented structure, with less than 20% of firms to trust. This has reduced farmers' ability to purchase high-tech productivity-enhancing gadgets, stifling market expansion.
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REQUEST FREE CUSTOMIZATIONIrrigation Controllers Market size was valued at USD 1.19 billion in 2019 and is poised to grow from USD 1.36 billion in 2023 to USD 3.75 billion by 2031, growing at a CAGR of 14.7% in the forecast period (2024-2031).
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Report ID: SQMIG20H2031