North America Smart Irrigation Market is expected to grow with the CAGR of 13.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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North 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 North 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 February 2021, Weathermatic entered into a partnership with Ideal Landscape group. The key feature of this partnership was to strengthen the portfolio with SMART, cloud-based technology that allows consumers to access anytime, improve water management capabilities and cost reduction. This partnership helped both the companies to strengthen its market and global presence by offering unique and smart product.
Valmont Industries, Inc. is the dominating player in North America smart irrigation market. The other key players existing in the market includes Orbit Irrigation Products LLC., HydroPoint, The Toro Company, Rain Bird Corporation, Rachio inc., NETAFIM, Galcon, Weathermatic, HUNTER INDUSTRIES, Banyan Water, Inc., Stevens Water Monitoring Systems Inc., The Scotts Company LLC., AquaSpy, Soil Scout Oy, Jain Irrigation, Inc., CALSENSE, Acclima, Inc., Caipos GmbH, Delta-T Devices Ltd, WaterForce, RainMachine - Green Electronics LLC, Skydrop, LLC, Lindsay Corporation, Wiseconn Engineering, Nelson Irrigation, Hortauand among others.
VALMONT INDUSTRIES INC
Valmont Industries, Inc. is headquartered in Nebraska, U.S. and was founded in 1946. The company is engaged in manufacturing of hardware of linear irrigation equipment, windmill support structure and lighting and traffic poles for consumer. The product categories of the company includes lighting, transportation, utility, coatings, energy & mining, irrigation, telecommunications, and agriculture in which irrigation is market focused category
- In May 2021, 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 North America, Europe, North America, South America, Middle East and North 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.), among others.
NETAFIM
NETAFIM is headquartered in Hatzerim, Israel and was founded in 1965. The company is engaged in designing of smart irrigation equipment and offer services for consumer. The products categories of the company include product offering, tools & solutions & tool in which product offering, tools & solutions & tool is market focused category.
- In August 2021, NETAFIM launched portable drip irrigation kit. This product was designed keeping small farmers in mind. Key feature of this product was its light weight, movable drip kit can be easily installed and dissembled after use. This product launched helped the company to expand its market at strengthen its irrigation portfolio.
The company has presence in North America, Europe, Asia-Pacific, Middle East and South America.
HUNTER INDUSTRIES
Hunter Industries is headquartered in California, U.S. and was founded in 1981. The company is engaged in designing, of smart irrigation products for consumer. The product categories of the company include irrigation products and golf products in which irrigation products 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 North America, Europe, Asia-Pacific, Middle East and South America.
