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What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?.What are the major restraints inhibiting the growth of the global smart irrigation controllers market?.What are the key trends, market drivers, and opportunities in the market pertaining to the global smart irrigation controllers market?.What is the estimated global smart irrigation controllers market size in terms of revenue during the forecast period 2021-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?.
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Increasing adoption of smart agriculture practice.
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The detailed study is a compilation of 125 market data tables and 24 figures spread through 207 pages and an in-depth TOC on " Smart Irrigation Controllers Market – Analysis and Forecast, 2022-2027."įollowing are the demand drivers for the smart irrigation controllers market: Smart irrigation equipment further provides timely notifications related to abnormalities in soil, water leakage, and other dysfunction and helps manage the good long-term health of the landscape. Several smart equipment, such as smart irrigation controllers, allow a better understanding of the soil as well as crop moisture content.Īutomating irrigation operations leads to higher efficiency, eventually reducing the operation cost of irrigation. The smart irrigation process has the potential to manage and reduce water usage. Limited availability of natural resources such as fresh water and arable land, along with the sluggish rate of yield in several staple crops, have further aggravated the issue of water scarcity. FREMONT, Calif., J/PRNewswire/ - The premium market intelligence study by BIS Research titled Smart Irrigation Controllers Market – A Global and Regional Analysis projects the market to reach $1.28 billion in terms of revenue by 2027, at a CAGR of 13.98%.