The demand for irrigation controllers is witnessing tremendous growth in the residential sector for its smart watering features. The urban agriculture and growing trend of rooftop gardens accelerate the demand for irrigation controllers. The incorporation of rooftop gardens on high-raised buildings and the use of irrigation controllers for maintaining the garden drives the market growth. The accurate watering with irrigation controllers helps in saving water and avoid leakages and weakening of the building roof. In Europe and the U.S., the roof gardens have been witnessing huge demand in the past few years, while the tropical nations such as Malaysia, Dubai, and Australia are showing signs of adoption.
Impact of COVID-19
The COVID-19 outbreak has caused a decline of around 4% in the global economy. The imposition of government lockdowns and social distancing norms worldwide has negatively impacted the production capacities and created disruptions in the global supply chain. The unavailability of raw-materials and shortage in the workforce has cast uncertainties for various industries. As the events surrounding coronavirus unfolds, the companies providing irrigation controllers are adopting necessary steps and practices to ensure the safety of employees and customers.
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The key players are manufacturing irrigation controllers to enable the consumers in the agriculture sector to maintain the supply of essential food and grains. Due to the effects of the virus, the key participants have reduced production levels in areas that are largely affected, further reducing the demand for irrigation controllers. The risks and challenges associated with the pandemic have negatively impacted the key player’s business while limiting the industry’s revenue potential.
Irrigation Controller Market: Segmentation
By Product Type
By Irrigation Type
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* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now