Global Sprinkler Systems Market 2016-2020

Global sprinkler systems market forecast

According to the sprinkler systems industry analysis, Technavio’s research analyst predicts the global sprinkler systems market to grow steadily at a CAGR of over 15% during the forecast period. The rising scarcity of water is the primary driver for the growth of the market. Demographic changes due to industrialization and rapid urbanization have resulted in unsustainable economic practices and degradation of natural resources. These factors have led to many problems across the globe, one of them is the shortage of water. The growing need for water coupled with significant water management issues is making water an expensive resource, forcing governments in various regions to put regulations on consumption of water.

One of the major sprinkler systems market trends that are gaining traction and additionally driving the growth of the market is the introduction of robotic sprinklers. Manufacturers of sprinkler systems have come up with robotic sprinklers to replace the old traditional sprinklers to save water and money. For instance, Droplet, a robotic sprinkler, waters only the area where there are plants.  Through a cloud software system, this robotic sprinkler waters the grass, the trees, and the areas without indiscriminately watering the whole yard.

Product segmentation and analysis of the sprinkler systems market

• Controllers
• Sensors
• Valves
• Flow meters
• Others