The smart sprinkler irrigation systems market share is expected to increase by USD 476.53 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 16.22%.
This smart sprinkler irrigation systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart sprinkler irrigation systems market segmentation by end-user (commercial and residential) and geography (North America, APAC, Europe, MEA, and South America). The smart sprinkler irrigation systems market report also offers information on several market vendors, including Aeon Matrix Inc., Hunter Industries Inc, HydroPoint Data Systems Inc., Netro Inc., NxEco Inc., Orbit Irrigation Products LLC, Rachio Inc., Rain Bird Corp., Sprinkl.io LLC, and Weathermatic among others.
What will the Smart Sprinkler Irrigation Systems Market Size be During the Forecast Period?
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Smart Sprinkler Irrigation Systems Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The convenience of remote access and innovation in technology is notably driving the smart sprinkler irrigation systems market growth, although factors such as app interface issues may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart sprinkler irrigation systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Smart Sprinkler Irrigation Systems Market Driver
Remote access convenience is one of the key factors contributing to the growth of the global smart sprinkler irrigation systems market. All smart sprinkler irrigation systems can be connected to Wi-Fi and accessed from remote locations through smartphones or laptops. The smart sprinkler irrigation systems dispense the right amount of water per the time of the year, climate, and weather of a location. Users can also start, stop, and change the sprinklers from their cell phones or computers. They can also check the detailed report on water usage. These irrigation systems also allow users to customize each zone and schedule water sprinkling based on the soil and plant type, sun exposure, and nozzles. The smart sprinkler irrigation systems operate after taking an automatic reading of the past, present, and future weather. Thus, the convenience of remote access and innovation in technology will drive market growth.
Key Smart Sprinkler Irrigation Systems Market Challenge
All smart sprinkler irrigation systems have sensors and can be connected to 4G, 3G, and Wi-Fi. Issues with sensor connectivity can lead to a disconnection between the app and smart sprinkler irrigation systems. Some users also face problems with firmware updates and Wi-Fi. During such situations, users are unable to detect the device and are compelled to wait till connectivity issues are resolved. The sudden crash of the app is also one of the key factors that can trigger connectivity issues between the smartphone and the smart sprinkler irrigation systems. Thus, app interface issues are likely to impede smart sprinkler irrigation systems market growth during the forecast period.
This smart sprinkler irrigation systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Smart Sprinkler Irrigation Systems Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Aeon Matrix Inc.
- Hunter Industries Inc
- HydroPoint Data Systems Inc.
- Netro Inc.
- NxEco Inc.
- Orbit Irrigation Products LLC
- Rachio Inc.
- Rain Bird Corp.
- Sprinkl.io LLC
- Weathermatic
This statistical study of the smart sprinkler irrigation systems market encompasses successful business strategies deployed by the key vendors. The smart sprinkler irrigation systems market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The smart sprinkler irrigation systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Smart Sprinkler Irrigation Systems Market?
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33% of the market’s growth will originate from North America during the forecast period. The US is the key market for smart sprinkler irrigation systems in North America. Market growth in this region will be faster than the growth of the market in Europe, APAC, MEA, and South America.
The practice of landscaping of yards and outdoor spaces has gained considerable momentum, thereby propelling the growth of the smart sprinkler irrigation systems market in North America. This will facilitate the smart sprinkler irrigation systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating End-user Segments in the Smart Sprinkler Irrigation Systems Market?
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The smart sprinkler irrigation systems market share growth by the commercial segment will be significant during the forecast period. Landscape contractors use smart irrigation equipment to manage large areas at less time and cost. Many of these products are particularly designed for the commercial lawn care market. The acceleration in the growth of the service revenue of landscaping will encourage landscaping firms to invest in smart sprinkler irrigation systems. This will also give rise to a replacement demand from landscaping companies for equipment, the replacement of which was delayed during the recession period. Increased product improvements will also be a source of growth in the sale of equipment to landscaping firms.
This report provides an accurate prediction of the contribution of all the segments to the growth of the smart sprinkler irrigation systems market size and actionable market insights on post COVID-19 impact on each segment.
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Smart Sprinkler Irrigation Systems Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 16.22% |
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Market growth 2021-2025 |
$ 476.53 million |
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Market structure |
Fragmented |
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YoY growth (%) |
15.06 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
North America at 33% |
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Key consumer countries |
US, China, Japan, UK, and France |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Aeon Matrix Inc., Hunter Industries Inc, HydroPoint Data Systems Inc., Netro Inc., NxEco Inc., Orbit Irrigation Products LLC, Rachio Inc., Rain Bird Corp., Sprinkl.io LLC, and Weathermatic |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Smart Sprinkler Irrigation Systems Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive smart sprinkler irrigation systems market growth during the next five years
- Precise estimation of the smart sprinkler irrigation systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the smart sprinkler irrigation systems industry across North America, APAC, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smart sprinkler irrigation systems market vendors
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