Posts

Showing posts with the label Micro Irrigation System Market Outlook

Micro-Irrigation Systems Market Size & Share Analysis By Forecast 2030

Image
  Micro Irrigation System Market Outlook The micro irrigation system market has witnessed significant growth in recent years, driven by the increasing adoption of advanced irrigation techniques and the growing need for efficient water management in agriculture. Micro irrigation systems, also known as drip irrigation or sprinkler irrigation, provide targeted water and nutrient delivery directly to the root zone of plants, minimizing water loss through evaporation or runoff. The micro irrigation system market size was valued at USD 599.2 million in 2021. The micro irrigation system industry is projected to grow from USD 633.65 million in 2022 to USD 937.16 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.75% during the forecast period (2022 - 2030).Growth in greenhouse vegetable production, increasing use of artificial intelligence in micro irrigation system, and higher yield requirements are the key market drivers enhancing the micro irrigation system market ...