Dublin, Aug. 27, 2020 (GLOBE NEWSWIRE) -- The "Irrigation Controllers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 8th edition of this report. The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
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.
Competitors identified in this market include, among others:
- 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
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Irrigation Controllers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 44
For more information about this report visit https://www.researchandmarkets.com/r/95emau
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