2018 Global Smart Sprinkler Irrigation Systems Sales Market Report
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City of Industry, CA -- (SBWire) -- 06/26/2018 --This report studies the global Smart Sprinkler Irrigation Systems market status and forecast, categorizes the global Smart Sprinkler Irrigation Systems market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Smart sprinkler irrigation system is a type of combined system with sprinkler controllers, timers, sensors, pipes, fittings, etc. and the controllers, timers, sensors are the most key smart components of the systems. The data in the report is mainly based on the smart controllers (included remote controllers, timers, automatic controllers with sensors) for sprinkler irrigation systems.
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Smart Irrigation Controllers industry is relatively concentrated; manufacturers are mostly in the North America. North America sales value accounted for more than 66% of the total output value of global Smart Irrigation Controllers in 2016. Hunter Industries is the world leading manufacturer in global Smart Irrigation Controllers market with the market share of 14.52%.
With the increasing in production capacity, expected that the Smart Irrigation Controllers raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Smart Irrigation Controllers.
The average price of Smart Irrigation Controllers will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The global Smart Sprinkler Irrigation Systems market is valued at 170 million US$ in 2017 and will reach 460 million US$ by the end of 2025, growing at a CAGR of 13.1% during 2018-2025.
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