LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automatic irrigation equipment market and it is poised to grow by USD 1.86 billion during 2020-2024, progressing at a CAGR of about 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Badger Meter Inc., Hunter Industries Inc, Jain Irrigation Systems Ltd., Lindsay Corp., Morrill Industries Inc., Nelson Irrigation Corp., Netafim Ltd., Orbit Irrigation Products LLC, Rain Bird Corp., and The Toro Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Government initiatives supporting sustainable agriculture practices has been instrumental in driving the growth of the market. However, high initial costs and maintenance costs of automatic irrigation equipment might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/automatic-irrigation-equipment-market-industry-analysis
Automatic Irrigation Equipment Market 2020-2024: Segmentation
Automatic Irrigation Equipment Market is segmented as below:
-
Product
- Automatic Irrigation Controllers
- Automatic Irrigation Sensors
- Automatic Irrigation Valves
- Automatic Irrigation Injectors
- Automatic Irrigation Flow Meters
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
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Automatic Irrigation Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automatic irrigation equipment market report covers the following areas:
- Automatic Irrigation Equipment Market Size
- Automatic Irrigation Equipment Market Trends
- Automatic Irrigation Equipment Market Industry Analysis
This study identifies the introduction of smart assistants in controllers and flow meters as one of the prime reasons driving the automatic irrigation equipment market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automatic Irrigation Equipment Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automatic irrigation equipment market growth during the next five years
- Estimation of the automatic irrigation equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automatic irrigation equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automatic irrigation equipment market, vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Automatic irrigation controllers - Market size and forecast 2019-2024
- Automatic irrigation sensors - Market size and forecast 2019-2024
- Automatic irrigation valves - Market size and forecast 2019-2024
- Automatic irrigation injectors - Market size and forecast 2019-2024
- Automatic irrigation flow meters - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Agriculture - Market size and forecast 2019-2024
- Commercial - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Badger Meter Inc.
- Hunter Industries Inc
- Jain Irrigation Systems Ltd.
- Lindsay Corp.
- Morrill Industries Inc.
- Nelson Irrigation Corp.
- Netafim Ltd.
- Orbit Irrigation Products LLC
- Rain Bird Corp.
- The Toro Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
