Smart Sprinkler Controller Market Insights On Growing Trends 2028
4th
April 2019 - The global smart sprinkler controller
market is expected to display higher growth rate in the upcoming years. Rapid
surge in the market is credited to the soaring demand from housing sector for
sprinklers and growing importance towards landscaping services. Additionally,
rise in the number of smart homes and substantial increase in infrastructural
spending by local governments across the globe are expected to drive the growth
of smart sprinkler controller market. Globally, market is predicted to generate
massive revenue over the forecast period, providing numerous opportunities for
industry participants to invest in research and development of smart sprinkler
controllers.
Increasing product penetration in newer
market and growing demand for residential as well as commercial sector, are
predicted to foster the growth of the market over the forecast period. In
addition, rising per capita income and improved living standards, particularly
in the North America region, is expected to drive the growth of smart sprinkler
controller market during the coming years.
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Development of safer and more
eco-friendly smart sprinklers is expected to boost market demand in the
upcoming years. In addition, adoption of variable speed drives, cruise control,
and different drive options are forecasted to favor market developments over
the coming years. Growing preference from end-users for advanced smart
sprinklers with exclusive features such as various safety options and variable
speed drives are anticipated to fuel market growth over the forecast period.
The smart sprinkler controller market is
broadly categorized into three major segments based on the product type such as
smart controllers, tap timers, and basic controllers. Smart controllers segment
is growing rapidly in the market with substantial revenue generation in the
last few years. Based on application type, market is divided into residential
sector, commercial sector, agriculture industry and sports sector.
The market is divided by region as North
America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in implementation of
latest technologies in automation industry, surge in number of research &
development activities and existence of well-established industrial
infrastructure in the region. In European region, Germany, France, and United
Kingdom are projected to witness steady growth over the coming years.
Asia-Pacific region is estimated to hold
a major share in the smart sprinkler controller market with massive growth in
forecast period. Countries such as India, China and Singapore are leading the
Asia-Pacific market with strong economic growth, rising disposable income, increasing
manufacturing activities, and significant investment by leading industry
players considering potential growth opportunities in the region.
The key players in the smart sprinkler
controller market are Droplet Inc., Rachio, Inc., Skydrop, LLC, HUNTER
INDUSTRIES LLC, Orbit Irrigation Products, Inc., Rain Bird Corp., RainMachine -
Green Electronics LLC, Netro Corp., NxEco - SYNNEX Corp., and Plaid Systems,
LLC.
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