Irrigation Controllers Market Worth $2.08 Billion By 2025

The continued proliferation of technology in agricultural activities around the globe, coupled with the growing demand at the farmers’ end for efficiency in the daily farming processes, has led to a large-scale growth in the irrigation controllers industry.

The globalirrigation controllers market is leading causes for market growth include the rising demand for gardens and lawn care facilities, which consequently require constant maintenance, coupled with the explosion in the residential projects sector, particularly in the emerging economies such as China, Brazil, and India. Recent years have seen a spurt in the number of tech-savvy farmers, brought about as a result of smartphone proliferation as well as government push towards economic growth, which has led to increasing demand for irrigation automation, control, and monitoring solutions, both in developed and developing regions.

As per data released by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) in 2018, the US had 231,474 farms with 55.9 million irrigated acres, which was an improvement over the 2013 data, when there were 229,237 farms with 55.3 million irrigated acres. As a result, there has been a marked increase in the demand for technological integration in the agricultural sector, thus driving the market growth. Irrigation controllers are also deployed in non-agricultural settings such as golf courses and sports grounds, thus widening their scope of application. Additionally, the growth in the number of residences with attached garden areas has also necessitated the presence of irrigation controllers, as a means of maintaining the aesthetic appeal.

With regards to product, the market has been segmented into smart controllers, tap timers, and basic controllers. The major irrigation types included are the sprinkler and drip methods, which are used universally. With respect to application, the irrigation controller market is classified broadly into non-agricultural, and agricultural fields and greenhouses. The major market players include Toro Company, Rachio, Hunter Industries, Valmont Industries, and Lindsay Corporation. These companies are investing heavily in research and development activities, with frequent innovations in product launches being commonly observed in recent years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/irrigation-controllers-market

Further key findings from the report suggest:

The United States witnesses the use of more than 34 billion liters of water per day for landscape irrigation purposes, with more than half of this water going to waste; smart irrigation controllers are projected to save up to 20% of this water, which acts as a major driver for increased adoption among consumers
The smart controllers are further classified into weather-based, and soil moisture-based irrigation controllers, with the former expected to contribute 35.1% on revenue basis by 2025 due to easy installation, savings on fertilizer and energy consumptions, and cost reduction
Tap timers are expected to witness substantial growth over the coming years at 14.9% CAGR, as they are easy to install, have a user-friendly interface, and optimally conserve water; these are available in mechanical, digital, and electric forms
Drip irrigation controllers are anticipated to witness a CAGR of 15.9% in terms of revenue over the forecast period owing to the high costs and increasing demand for cash crops in domestic and export markets
The demand for irrigation controllers in sports grounds and golf courses is expected to reach USD 401.7 million by 2025, aided by increased government initiatives on water conservation through conservation efforts
Asia Pacific is expected to register the highest growth over the forecast period as progressive economies such as South Korea, India and China are showcasing great leaps towards steady adoption of smart irrigation controllers
Countries such as the United States and Canada are technologically advanced and have seen healthy adoption of smart controllers among both agricultural and non-farming areas
According to the National Golf Foundation, by the end of 2019, the US had 16,300 golf courses at 14,300 golf facilities, while more than 24 million citizens played the sport; as such, proper maintenance of the courses has become more important, thus driving demand for irrigation controllers
Major companies are undertaking new product launches as well as partnerships to increase their geographic footprint. For example, in September 2020, Hunter released new cellular LTE communication modules for original ACC controllers that enable connection to IMMS central control software or IMMS online
Also, Valmont announced in September 2020, Valmont announced that it had entered into a supply agreement to provide irrigation products and services for a major agricultural development project in Africa

LiDAR Market Size Worth $3.7 Billion By 2027

The global LiDAR market size is expected to reach USD 3.7 billion by 2027, expanding at a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing acceptance in environmental mapping, automobile safety application, construction and architectural sectors for monitoring, and 3D-modeling applications arenas is expected to boost the market growth. Furthermore, increasing development and adoption of self-driving cars and trucks is expected to boost the market growth, as Light Detection and Ranging (LiDAR) is one of the key sensing technologies that is required to enable hybrid to full autonomous driving.

The advanced driver assistance systems (ADAS) application segment is expected to grow at a remarkable pace owing to surging incorporation in automotive safety and forward-collision avoidance systems. In U.K., the regulatory authorities have mandated installation of certain automotive safety technologies such as the collision avoidance technologies. The Euro NCAP Advanced aims to provide buyers with clear guidance regarding the safety benefits offered by technologies such as blind spot monitoring, lane support, Autonomous Emergency Braking (AEB), speed alert, attention assist, vision enhancement, and pre-crash sensing. Rising developments in 3D scanning solutions is anticipated to boost the market growth over the forecast period. For instance, in October 2018, Faro Technology, Inc. introduced new airborne LiDAR scanning in partnership with STORMBEE, in order to provide cost effective airborne 3D scanning solution.

Furthermore, growing environmental concerns have enforced governments to establish regulations over the past decade. The authorities have been implementing strategies, activities, and policies to tackle the concerns. The ability to store large LiDAR point files has been a stumbling block for new users however, the technological advancements in spatial resolution of LIDAR-based digital terrain models are providing incredible accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/lidar-light-detection-and-ranging-market

Further key findings from the report suggest:

The LiDAR market is estimated to grow significantly due to automation in industries, leading to reduced human efforts and increased efficiency. Technological superiority of LiDAR in engineering projects of large magnitude is estimated to trigger the demand further
Airborne systems are expected to remain the dominant product segment over the forecast period on account of the surging adoption of aerial mapping devices
North America is expected to emerge as one of the leading regional markets owing to rising R&D spending coupled with high adoption in the automotive sector and environmental scanning and modeling operations
Growing demand in emerging economies, such as India, Japan, and China, is driving the industry growth in the Asia Pacific region. The surge in the demand across the automotive industry is one of the reasons boosting the market demand
The key industry participants include Velodyne LiDAR, Inc.; Leica Geosystems Holdings AG; Faro Technologies Inc.; Trimble Navigation Limited; and RIEGL USA Inc.
The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.

Pet Wearable Market Size Worth $4.6 Billion By 2027

The global pet wearable market size is estimated to reach USD 4.6 billion by 2027, registering a CAGR of 14.3% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing concerns toward companion animals’ health and wellbeing, coupled with rising pet humanization and population, is anticipated to be the key factor driving the growth of the market over the forecast period. In addition, increasing expenditure on pet consumables and rising demand for identification and tracking devices are some of the key factors driving the market growth.

According to the American Pet Products Association (APPA), the expenditure on companion animals in U.S. is expected to be USD 72.1 billion in 2018. Several advancements in technology is expected to lead to an increased demand for these wearables over the forecast period. Wearables are capable of continuously tracking health-related parameters such as body temperature, calorie intake, and Heart Rate Variability (HRV). Moreover, sensor technology is integrated into wearable devices to monitor and measure health metrics such as heart rate and respiration levels. It also enables pet owners to check disease symptoms, store medical records in the cloud, and set goals and reminders.

Moreover, growing reliance on pets for companionship, mental wellbeing, fitness, and entertainment has led to an increased spending on companion animals. The availability of advanced technology-based devices to monitor health by gathering vital information is expected to drive the pet wearable market growth. Furthermore, increasing adoption of companion animals in emerging economies such as India and China would offer several opportunities for market growth in the Asia Pacific region over the forecast period. On the other hand, North America dominated the global market in 2019 owing to the increasing awareness of the importance of pet health. Moreover, high penetration of fitness and activity monitoring devices and increased spending on companion animals is anticipated to drive the regional market growth.

Key industry players include Allflex USA Inc.; Avid Identification Systems, Inc.; Datamars; Fitbark; Garmin Ltd., Intervet Inc.; Invisible Fence; and Konectera Inc. Key players in the market focus on research and development activities to develop innovative products to expand their product offerings. In addition, companies adopt strategies such as collaborations, expansions, and acquisitions to strengthen their position in the global market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pet-wearable-market

Further key findings from the report suggest:

The RFID segment dominated the market with a share of 39.9% in 2019, as RFID technology is considered more accurate and reliable, and helps authenticate products and store information
The identification and tracking segment dominated the market in 2019 and is projected to reach USD 2.8 billion by 2027 as tracking wearable devices can play a significant role in finding lost or stolen pets
The Asia Pacific pet wearable market is estimated to register the highest CAGR of over 17.0% from 2020 to 2027 owing to increasing awareness regarding pet fitness and health in countries such as India and Australia
Key industry players include PetPace LLC; Whistle Labs, Inc.; Tractive; Garmin International, Inc.; and FitBark.

GPS Market Size Worth $146.4 Billion By 2025

The global positioning systems (GPS) market size is anticipated to reach USD 146.4 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 18.4% during the forecast period. Burgeoning popularity of location-based services such as online food delivery and e-hailing services are projected to create significant demand for GPS-enabled devices over the forecast period. Furthermore, increasing use of GPS devices for navigation purposes in military aircraft and navy ships is poised to propel the market.

Global positioning systems are satellite-based navigation systems that provide real-time location of objects. GPS is widely used in a variety of civil applications, including road transportation, shipping, rail transportation, heavy vehicle guidance, surveying and mapping, social activities, and financial services. GPS transmitters use data to provide exact location of the object. Moreover, a GPS can work in any weather condition that makes it more versatile and reliable.

Among all application segments, the location-based services and road segments are expected to be significant revenue contributors in the global market during the forecast period owing to increasing deployment of GPS technology in smartphones, tablets, networking devices, IoT devices, and connected vehicles. Rising adoption of smartphones and growing consumer inclination towards digital services such as online retailing, cab services, and food at door steps are likely to spur the growth of the market during the forecast period.

In addition, increasing investments by large market players in developing countries such as China, India and Indonesia are expected to boost overall adoption through partnership with local suppliers. This will help the Asia Pacific market to gain traction over the coming years. However, lack of network infrastructure and lack of awareness of GPS technology among large population are estimated to hinder the growth of the market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/gps-market

Further key findings from the study suggest:

North America accounted for the largest market share in 2017 followed by Europe, owing to a large number of smartphone users, high demand for GPS devices for connected fleets, and presence of key market players
The Asia Pacific GPS market is expected to witness significant growth over the forecast period on account of increasing per capita expenditure, growing economy, and high adoption of smartphones
The location-based services application segment accounted for over 41.0% of the global GPS market in 2017 owing to a surge in the demand for GPS devices for navigation and travel, retail and real estate searches, geo-social networking, and mobile marketing and advertising purposes
Prominent market players are focusing on undertaking mergers and acquisitions with system integrators to increase their overall revenue share. Additionally, key players are continually investing in development of new products to gain a higher market share and increase their overall profitability
Military expenditure by governments of countries such as the U.S., Russia, China, India, and Saudi Arabia is projected to rise significantly, thus fueling the growth of the global GPS market over the forecast period.

Pet Wearable Market Size Worth $4.6 Billion By 2027

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pet-wearable-market

Further key findings from the study suggest:

The RFID segment dominated the market with a share of 39.9% in 2019, as RFID technology is considered more accurate and reliable, and helps authenticate products and store information
The identification and tracking segment dominated the market in 2019 and is projected to reach USD 2.8 billion by 2027 as tracking wearable devices can play a significant role in finding lost or stolen pets
The Asia Pacific pet wearable market is estimated to register the highest CAGR of over 17.0% from 2020 to 2027 owing to increasing awareness regarding pet fitness and health in countries such as India and Australia
Key industry players include PetPace LLC; Whistle Labs, Inc.; Tractive; Garmin International, Inc.; and FitBark.

Geospatial Analytics Market Size Worth $134.48 Billion By 2025

The global geospatial analytics market size is expected to reach USD 134,479.7 million by 2025, registering a CAGR of 15.0% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Numerous innovations and advancements in the drone technology and increasing deployment of Unmanned Aerial Vehicles (UAVs) for remotely monitoring and gathering a large number of location data with minimal human intervention are likely to unfold new opportunities for market growth. Additionally, the increasing use of GPS-enabled smartphones and devices is also anticipated to drive market growth.

Increasing smart city initiatives have resulted in the growing need for innovative technologies for use in 3D urban mapping; monitoring and mapping natural resources, agriculture, and utilities; and disaster management. In case of natural disasters, location-based analytics enables decision makers to take suitable actions. Moreover, major oil & gas companies across the globe are increasingly deploying geospatial analytics solutions to discover potential crude oil and natural gas deposits and to monitor their vast pipeline network.

The use of geospatial technologies in the automotive industry is increasing owing to the growing safety concerns among passengers. According to data released by the U.S. Census Bureau, about 85.7 percent of the U.S. employees above 16 years of age commute to work in a van, car, or truck, either by driving alone or via carpooling. With around 125 million people traveling by road every day, the U.S. transportation system faces numerous challenges such as congested highways and fatal vehicle collisions.

As per the National Highway Traffic Safety Administration, it is estimated that on an average, 102 people die from vehicle accidents every day. In an attempt to address this, automotive manufacturers are focusing on implementing technologies such as IoT and location-based services in vehicles to make driving safer and easier. The commercialization of upcoming autonomous vehicles also heavily relies on the integration of Geographic Information Science (GIS) and advanced geospatial technology.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/geospatial-analytics-market

Further key findings from the study suggest:

The service segment is anticipated to emerge as the fastest-growing component segment over the forecast period owing to the increasing demand for deployment, training, and support services by government and public safety agencies
The network & location analytics segment is anticipated to gain traction owing to the increasing use of network & location analytics systems by companies for analyzing buying behavior and foot traffic patterns as well as for studying behavior patterns in a brick-and-mortar environment
The military intelligence application segment is expected to witness the highest growth over the forecast period owing to the rising adoption of UAVs and increasing number of remote sensing satellites
Asia Pacific is expected to register the highest CAGR from 2019 to 2025. Numerous smart city initiatives such as the ASEAN Smart Cities Initiative are anticipated to fuel the demand for geospatial analytics software in the region
Key players operating in the geospatial analytics market include Alteryx, Inc., DigitalGlobe, Fugro N.V., Hexagon AB, RMSI, SAP SE, Trimble Inc., Maxar Technologies Inc., MapLarge, Harris Corporation, Bentley Systems Incorporated, ESRI, General Electric Company, Oracle Corporation, and Google LLC.

Digital Map Market Size Worth $16.15 Billion By 2027

The global digital map market size is estimated to reach USD 16.15 billion by 2027, registering a CAGR of 13.0% from 2020 to 2027, according to a new study by Grand View Research, Inc. The market is expected to witness significant rise in demand from navigational application developers and Geographical Information System (GIS) providers, driven by a growing end-user base. The prolific rise in the number of smartphone and internet users has further augmented market growth. Moreover, growth in the number of connected and semi-autonomous cars and anticipated developments in self-driving and navigation technology, among others is expected to drive the demand for digital maps.

Digital cartography has been gaining increasing attention in recent years owing to a rapid growth in demand for geospatial information. Applications such as smart parking, location, traffic and congestion intelligence, and logistics management need routing and congestion updates in real time. As digital cartography has been developing at a rapid rate, it can support these applications with data feeds and information. In addition, the increasing number of businesses that are using location-based services for marketing and advertising is also estimated to accelerate the demand in the forthcoming years.

Digital mapping is also finding renewed demand in the government and public sector as the demand for environmental and topographical information systems is on the rise. Furthermore, the need to maintain an updated information system for law enforcement officials, defense forces, and local governing bodies in light of recent manmade and natural threats is anticipated to propel the demand for maps. Smooth interaction between maps and information systems is one of the most important criteria for product success in the market owing to which vendors are expected to focus more on data integration over the forecast period. As the digital map industry matures, key players are anticipated to indulge in mergers and acquisitions in order to keep abreast of the market developments and maintain a competitive edge in a rapidly evolving technological landscape.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/digital-map-market

Further key findings from the study suggest:

Digital orthophotography type is anticipated to emerge as the fastest-growing segment over the forecast period owing to the growth of image-processing, data analysis technology, and the increasing applications in multiple end-use segments such as automotive and mobile devices
Management services segment is expected to witness significant growth over the forecast period due to the growing demand for development, deployment, and integration of advanced digital maps for business analysis and earth mapping
Automotive end-use segment is expected to witness the highest growth over the forecast period owing to the increasing collaborations and partnerships between automotive manufacturers, in-dash navigation system providers, and digital map data providers for integration of advanced real-time navigation systems
Revenue generation models are estimated to differ considerably in the forthcoming years with some vendors opting for revenue generation from data and information sales, while others opting for location-based services. There is also a high probability of vertical integration in the industry
Developing regions are expected to witness exploration activities, whereas developed countries would witness a growth in demand for real-time data and information. Asia Pacific is the fastest-growing regional segment due to the growth in the number of smartphone users as well as the number of vehicles. Recent technological developments and rising demand for smartphones are the factors expected to have a profound effect on the Personal Navigation Devices (PND) market
The key digital map market participants include, ESRI, Inc.; Google, Inc.; DigitalGlobe, Inc.; Apple Inc.; HERE Holding Corporation; Getmapping PLC; Micello, Inc.; and TomTom International B.V.