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Stock impact report

Smart Irrigation Controllers Market to Reach $3.3 Billion, Globally, by 2032 at 11.5% CAGR: Allied Market Research [Yahoo! Finance]

Toro Company (The) (TTC) 
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Company Research Source: Yahoo! Finance
adoption of IoT technology in agriculture, and growing focus on sustainable water management practices. These controllers offer precise water scheduling based on real-time weather data and soil moisture levels, resulting in improved efficiency and conservation of water resources. Wilmington, Delaware , Aug. 29, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Smart Irrigation Controllers Market by Type (Weather-Based Controllers, and Soil Based Controllers), and End Use (Agriculture and Non-agriculture): Global Opportunity Analysis and Industry Forecast, 2024-2032" . According to the report, the smart irrigation controllers market was valued at $1.3 billion in 2023, and is estimated to reach $3.3 billion by 2032, growing at a CAGR of 11.5% from 2024 to 2032. Prime determinants of growth The smart irrigation controllers market is primarily driven by the urgent need for water conservation amidst escalating global water scarcity concerns. Advanced techno Show less Read more
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