Global Irrigation Automation Market Set to Flourish, Projected to Reach USD 9.2 Billion by 2027
The latest report on the global irrigation automation market reveals promising growth prospects, with the market valued at USD 4.2 billion in 2022 and expected to register a remarkable CAGR of 17.2% during the forecast period. This surge is attributed to several factors including increasing government initiatives to modernize agriculture, particularly in developing nations, widespread adoption of...
Irrigation Automation Market Growth, Size, and Share
The global irrigation automation market size is projected to grow from USD 4.2 billion in 2022 to USD 9.2 billion by 2027, recording a compound annual growth rate (CAGR) of 17.2% during the forecast period. Increasing government support to mechanize agriculture especially in the developing countries, adoption of smart irrigation technologies, and need for water conservation are some of the key factors...
Irrigation Automation Market Growth, Size, and Share
The report irrigation automation market is estimated at USD 4.2 billion in 2022; it is projected to grow at a CAGR of 17.2% to reach USD 9.2 billion by 2027.
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Some of the prominent key players are:
• Netafim (Israel)
• Lindsay Corporation (US)
• The Toro Company...
Irrigation Automation Market: Trend, Forecast, Opportunity
The irrigation
automation market size is estimated to account for a value of USD 2.8
billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020 to reach
a value of USD 6.7 billion by 2025. Factors such as increased mechanization and
adoption of smart technologies for agricultural activities, government
initiatives to promote water conservation, and the growing awareness among
farmers about...
Irrigation Automation Market to Grow at a CAGR of 18.5% through 2025
The global irrigation automation market size is estimated to account for a value of USD 2.8 billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020, to reach a value of USD 6.7 billion by 2025. The increasing instances of drought and water scarcity across the globe demand more efficient usage of water. The rising demand for agricultural products has led to the mechanization...
Increased mechanization and adoption of smart technologies for agricultural activities Drives Irrigation Automation Market
The
irrigation automation market isprojected to grow at a CAGR of18.5% from 2020
to 2025.
The
global irrigation automation market size is estimated to account for a value of
USD 2.8billion in 2020 and is projected to grow at a CAGR of 18.5%
from 2020 to reach a value of USD 6.7billion by 2025. The demand for irrigation
automation is increasing due to the shifting trend towards mechanization...