South America Smart Irrigation Market is expected to grow with the CAGR of 13.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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South America smart irrigation market is a fragmented market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in South America Smart irrigation market are introducing strong range of hardware and software portfolio. This helped companies to maximize the sales with enhanced service portfolio.
For instance,
- In June 2020, Rain Bird Corporation launched integrated control interface plus (ICI+). The key feature of this product launch was its capability to connect Rain Bird satellites and the IC System. This will enhance the tracking and monitoring capabilities in golf fields. This product has boosted company’s market growth.
Valmont Industries, Inc. is the dominating player in South America smart irrigation market. The other key players existing in the market includes Orbit Irrigation Products LLC., HydroPoint, The Toro Company, NETAFIM, Galcon, Weathermatic, HUNTER INDUSTRIES, Banyan Water, Inc., Stevens Water Monitoring Systems Inc., AquaSpy, Soil Scout Oy, Jain Irrigation, Inc., Caipos GmbH, Delta-T Devices Ltd, WaterForce, RainMachine - Green Electronics LLC, SLindsay Corporation, Wiseconn Engineering, Nelson Irrigation, and Hortau among others.
Valmont industries, Inc.
Valmont Industries, Inc. is headquartered in Nebraska, US which was established in 1946. The company is engaged in manufacturing of hardware of linear irrigation equipment, windmill support structure and lighting and traffic poles. The product categories of the company includes lighting, transportation, utility, coatings, energy & mining, irrigation, telecommunications and irrigation is market focused category
- In May 2020, Valmont Industries, Inc. acquired Prospera Technologies. The key reason for this acquisition was to strengthen its agricultural artificial intelligence & machine learning capabilities. This will initiate carter the growing demand for smart, innovative irrigation solutions. This acquisition was the key for company’s success.
The company has presence in South America, Europe, South America, South America, Middle East and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as George Industries, Inc. (U.S.), Valmont Group Pty Ltd (Australia), Valmont Coatings, Inc. (U.S.), and among others.
HUNTER INDUSTRIES
Hunter Industries is headquartered in California, U.S. which was established in 1981. The company is engaged in designing, of smart irrigation products for consumer. The product categories of the company include irrigation and golf products and irrigation and golf products is the market focused category.
- In November 2020, HUNTER INDUSTRIES entered into a partnership with HindSite Software. The key feature of this partnership was to strengthen the irrigation business owners the latest tools and technology in order to meet the growing demands in irrigation sector. Both companies benefited from this partnership in terms of improving product portfolio and improving their markets.
The company has presence in South America, Europe, South America, Latin America, Middle East and South America.
THE TORO COMPANY
The Toro Company is headquartered in Minnesota, U.S. which was established in 1914. The company is engaged in providing maintenance equipment, snow removal equipment and irrigation system supplies for commercial and residential application. The products categories of the company include agriculture, rental, government, homeowner, golf, professional contractor, sports fields & grounds and agriculture, homeowner, golf, professional contractor, sports fields & grounds is market focused category.
- In September 2020, The Toro Company launched infinity series sprinklers for golf playing fields. The key feature of this solution was specifically designed for turf watering purpose. Moreover, it saved time, minimize disruption, and create a superior playing experience on the golf or sports turf by precise watering. This product launch strengthened the product portfolio of the company.
The company has presence in South America, Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Hayter (U.K.), Ditch Witch (U.S.), American Augers Inc, (U.S.), and TORO France (France) among others.
