Connect with us

Technology

The irrigation timers and controllers market is projected to grow by USD 975.8 Million from 2024-2028, with AI driving market evolution and product innovations boosting revenue – Technavio

Published

on

NEW YORK, Sept. 23, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global irrigation timers and controllers market  size is estimated to grow by USD 975.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.64%  during the forecast period.  Innovation in product functionality and features is driving market growth, with a trend towards advent of smart timers and controllers,  However, high product and installation costs  poses a challenge – Key market players include Bermad CS Ltd., California Sensor Corp. Dba Calsense, DIG Corp., Fiskars Corp., Galcon Bakarim Agricultural Cooperative Society Ltd., Holman Industries, Hunter Industries Inc., Husqvarna AB, HydroPoint Data Systems Inc., K-Rain Manufacturing, Lindsay Corp., Nelson Irrigation Corp., Orbia Advance Corp. S.A.B. De C.V., Rachio Inc., Rain Bird Corp., Skydrop LLC, TALGIL Computing & Control LTD, The Toro Co., Valmont Industries Inc., and Weathermatic.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Agriculture and Non-agriculture), Product (Smart controllers and Basic controllers), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Bermad CS Ltd., California Sensor Corp. Dba Calsense, DIG Corp., Fiskars Corp., Galcon Bakarim Agricultural Cooperative Society Ltd., Holman Industries, Hunter Industries Inc., Husqvarna AB, HydroPoint Data Systems Inc., K-Rain Manufacturing, Lindsay Corp., Nelson Irrigation Corp., Orbia Advance Corp. S.A.B. De C.V., Rachio Inc., Rain Bird Corp., Skydrop LLC, TALGIL Computing & Control LTD, The Toro Co., Valmont Industries Inc., and Weathermatic

Key Market Trends Fueling Growth

The Irrigation Timers and Controllers market is experiencing substantial growth due to the increasing adoption of smart irrigation systems. Convenience through remote access is a major driving factor, enabling users to customize watering schedules for various zones based on soil type, plant requirements, sun exposure, and nozzle types. Advanced features include automatic weather readings for optimal watering, integration with virtual assistants like Amazon Alexa and Google Assistant, and compatibility with home automation systems such as Nest, Wink, IFTTT, Control4, and Nexia. Companies like Rachio and Rain Bird offer WiFi-enabled controllers, with Rachio’s Rachio WiFi Sprinkler Controller featuring voice control and Rain Bird’s ST8-WiFi Smart Irrigation Timer offering local weather-adjusted watering schedules. These features will stimulate market growth throughout the forecast period. 

The Irrigation Timers and Controllers market is witnessing significant growth due to the increasing adoption of smart irrigation equipment. Weather-based and sensor-based controllers are trending, providing efficient water usage by adjusting watering schedules based on local weather data, soil moisture levels, and plant requirements. Traditional tap timers are being replaced with smart controllers, reducing water wastage and environmental damage. Drought conditions have accelerated the demand for sustainable irrigation systems. Governmental policies and international organizations promote water conservation through modern farming techniques like micro-irrigation activities. Mechanized irrigation systems, including mechanical and electromechanical timers, computer-based systems, and intelligent controllers, are essential for agricultural production on large farms and non-agricultural lands like lawns, gardens, playgrounds, and golf courses. Sustainability and water conservation are key concerns, with certified products ensuring food security and minimizing climatic conditions’ impact. Smart irrigation methods, such as sensor-based and weather-based controllers, conserve water by considering evaporation, transpiration, and plant surface moisture content levels in the root zone. Modern farming techniques and mechanized irrigation facilities are crucial for agricultural lands, ensuring optimal water usage and efficient irrigation systems. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

The irrigation timers and controllers market faces growth challenges due to the substantial cost of purchasing and installing these systems. Many vendors underestimate the implementation expenses until the on-site testing phase. However, advancements in battery technology and economies of scale have led to a decrease in the cost of irrigation timers and controllers over the years. Despite this, a considerable upfront investment is still necessary for large-scale farm fields. End-users must also consider replacement costs. For instance, Rain Bird’s ST8O-WIFI Smart Irrigation Indoor/Outdoor WiFi Timer/Controller and 8-Zone controller cost approximately USD200. Low farm income remains a significant barrier to market growth, making the high product and installation costs a significant inhibitor during the forecast period.The Irrigation Timers and Controllers market is witnessing significant growth due to the increasing demand for efficient water management in various sectors. The challenges of freshwater and groundwater resources depletion have pushed the need for advanced irrigation systems. OECD countries and emerging economies are investing in soil-moisture based sensors and weather parameters to maintain optimal soil moisture levels. Agriculture sector is the major consumer, but non-agriculture sectors like residential constructions, DIY home lawns, golf courses, and sports grounds also contribute. High-net-worth individuals and cemeteries are also adopting irrigation timers and controllers. Weather-based and sensor-based systems are popular for non-agriculture applications, while agriculture uses controlled environment agriculture, drip or trickle, and sprinkler systems for open fields, cereals and grains, oilseeds and pulses, fruits and vegetables, sugarcane, tea, coffee, turf, forage, ornamental crops, and pastures.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview

This irrigation timers and controllers market report extensively covers market segmentation by

Application 1.1 Agriculture1.2 Non-agricultureProduct 2.1 Smart controllers2.2 Basic controllersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Agriculture-  The global population growth and the resulting food demand increase are driving the agricultural sector to adopt advanced equipment, including irrigation timers and controllers. These technologies help maximize profits by increasing yields and conserving water, becoming increasingly crucial due to rising raw material costs and water scarcity. Key vendors, such as Rain Bird, offer agriculture-specific solutions like the ESP-LXD controller, providing up to 96 hours of continuous runtime. Government initiatives, like agricultural loans in Canada, support farmers in purchasing necessary equipment and improving their operations. Additionally, there is a growing emphasis on sustainable farming practices, which focus on efficient resource usage, further fueling the demand for irrigation systems in agriculture.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Irrigation Timers and Controllers market encompasses a range of technologies designed to automate and optimize watering systems for both agricultural and non-agricultural applications. These include Weather-based controllers, which adjust irrigation based on current and forecasted weather conditions, and Sensor-based controllers, which use soil moisture sensors to determine when to water. Smart controllers use data from weather and soil sensors to create customized irrigation schedules. Tap Timers and Basic controllers are simpler, manual options for smaller-scale irrigation needs. Water supplies can be a critical consideration, with drought conditions impacting irrigation availability and demand for smart irrigation equipment and systems increasing. Traditional irrigation types like Mechanical and Electromechanical timers are being replaced by Computer-based systems and Intelligent irrigation controllers. International organizations promote water conservation efforts, driving demand for modern farming techniques and non-agricultural applications like Sports grounds, golf courses, Residential properties, Pastures, parks, industrial commercial buildings, cemeteries, and more to adopt efficient irrigation systems.

Market Research Overview

The Irrigation Timers and Controllers market encompasses a range of technologies and applications, from basic timers to smart, sensor-based and weather-based controllers. These systems are used to manage water supplies for agricultural lands and non-agricultural applications such as lawns, gardens, playgrounds, golf courses, and sports grounds. Traditional irrigation types include tap timers and mechanized systems, while smart irrigation methods use local weather data, soil moisture levels, and plant surface moisture to optimize water usage. Drought conditions and sustainability are key considerations in the market, with a focus on water conservation and reducing environmental damage. Governmental policies and international organizations promote sustainable farming and climate-smart agriculture. Modern farming techniques and agricultural automation also drive demand for intelligent irrigation controllers and computer-based systems. Water supplies and watering schedules are influenced by climatic conditions, evaporation, transpiration, and soil moisture content levels. Mechanized irrigation systems, including mechanical and electromechanical timers, are used to optimize water usage and improve agricultural production. Certified products and smartphone control systems offer convenience and precision, while battery-operated controlling systems provide flexibility in remote locations. The market is influenced by factors such as changing lifestyle, outdoor water usage, and extreme water temperatures. Groundwater resources and depleting groundwater resources are also important considerations, as is the impact of irrigation on freshwater resources and the environment. The Irrigation Association and OECD are key organizations involved in promoting best practices and standards in the market. Soil-moisture based sensors and weather parameters play a crucial role in optimizing irrigation, with applications in agriculture and non-agriculture sectors. The market also includes micro-irrigation activities, conventional irrigation systems, and climate-smart agriculture initiatives. The market is expected to grow due to increasing demand for food security, water conservation, and sustainable farming practices.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationAgricultureNon-agricultureProductSmart ControllersBasic ControllersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-irrigation-timers-and-controllers-market-is-projected-to-grow-by-usd-975-8-million-from-2024-2028–with-ai-driving-market-evolution-and-product-innovations-boosting-revenue—technavio-302255210.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Waters Corporation to Host Investor Day on March 5, 2025

Published

on

By

MILFORD, Mass., Jan. 10, 2025 /PRNewswire/ — Waters Corporation (NYSE:WAT) announced that it will host an Investor Day on Wednesday, March 5th, 2025, in New York City, starting at 8:30 AM ET.

The event will feature presentations by members of the senior management team, who will discuss business initiative achievements, new strategic priorities, and our vision for future shareholder value creation. A Q&A session will follow.

In-Person Attendance
To request in-person attendance at this event, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’.

Webcast
A live webcast will be available the day of the event. To register for the webcast, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’. A replay of the webcast will be available shortly after the event concludes.

About Waters Corporation
Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

View original content:https://www.prnewswire.com/news-releases/waters-corporation-to-host-investor-day-on-march-5-2025-302348226.html

SOURCE Waters Corporation

Continue Reading

Technology

As Retail Cybercrime Surges, Plank Road Ventures To Present Technology Solutions At NRF 2025 Big Show

Published

on

By

HOBOKEN, N.J., Jan. 10, 2025 /PRNewswire/ — Credit cards and other non-cash payment methods now account for some 80% of purchasing activity, according to some reports. It’s convenient for consumers, but each retail transaction may expose vital shopper information to nation-state and other cybercriminals. Consumers are inconvenienced, while retailers may suffer reputational and financial damage.

To combat the upsurge in digital incursions, Plank Road Ventures — an eMazzanti Technologies company — will present artificial intelligence, cybersecurity best-practice and other retail solutions at the NRF (National Retail Federation) 2025 Retail’s Big Show at Booth 2306, in the Startup Hub of New York City’s Jacob K. Javits Convention Center from January 12 through January 14, 2025.

“The rise in credit card, digital and other payment methods have made retailers a rich target for cyberthieves,” warns eMazzanti Technologies President Carl Mazzanti. “POS systems, for example, can store customer information and purchase history, enabling retailers to capture the information they need to inform targeted marking campaigns and personalized shopping experiences. But POS transactions also pose an attractive target for cybercriminals, and a successful data breach will have far-reaching consequences.”

Plank Road Ventures, a global managed services provider, partners with leading companies like Microsoft, Watchguard, HP, and I3 Communications to help retailers deploy technology that improve and secure their operations and store strategies, while enhancing customer experience and engagement. Retailers can meet with trained professionals from Plank Road Ventures at the NRF 2025 Retail’s Big Show, and learn about leading-edge POS and other solutions.

About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts deliver rapid response, increased revenue growth, data security, and productivity for organizations of all sizes. The firm offers cloud and mobile solutions, multi-site technology implementations, outsourced network management, 24 x 7 support, digital marketing services, and cyber security assessments and protection services.

About Plank Road Ventures
Our team of experienced retail experts works with clients to understand their specific requirements and recommend the best options. Specializing in store operations and support, the team is available 24x7x 365.

View original content:https://www.prnewswire.com/news-releases/as-retail-cybercrime-surges-plank-road-ventures-to-present-technology-solutions-at-nrf-2025-big-show-302348181.html

SOURCE Plank Road Ventures

Continue Reading

Technology

Kevin Lanouette Named Senior Vice President and General Counsel

Published

on

By

BEDFORD, Mass., Jan. 10, 2025 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Kevin Lanouette has been named Senior Vice President and General Counsel, effective January 17, 2025. Tonya Drake, the Company’s Executive Vice President and General Counsel, will transition to an advisory role ending March 7, 2025.

“I’d like to thank Tonya for her many years of service to iRobot,” said Gary Cohen, iRobot CEO. “Her legacy of tenacity and rigor in protecting the iRobot Company and our brand has been exemplary.”

“Kevin is a seasoned and highly skilled attorney whose experience in advising on complex corporate and securities, commercial, M&A and IP protection matters will be invaluable as we execute our strategic initiatives and work toward a return to profitable growth,” said Cohen.

Formerly, Mr. Lanouette was a Partner at OutsideGC, a Boston-based law firm, where he specialized in providing strategic legal counsel to clients at all stages of development and across a broad range of industries, including technology development, software and services and healthcare. Previously, he served as Assistant General Counsel at Analog Devices, Inc., a leading global semiconductor manufacturer, from 2006 to 2020, where he had responsibility for several critical legal functions, including corporate, SEC and securities matters, IP licensing and technology transfers, M&A and investments, global commercial transactions, and governance and compliance issues.

He is a graduate of the University of Maine and Harvard Law School.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kevin-lanouette-named-senior-vice-president-and-general-counsel-302348314.html

SOURCE iRobot Corporation

Continue Reading

Trending