30 likes | 47 Views
Global micro irrigation systems market growing at a CAGR of 8.75%, and is expected to reach $22040.36 million during the forecast period, 2023-2032. <br><br>Read More https://inkwoodresearch.com/reports/micro-irrigation-systems-market/
E N D
DepletingWater Resources toAccelerate Global Micro IrrigationSystems MarketGrowth According to theestimationsput forth by InkwoodResearch, theGlobal MicroIrrigationSystems Marketispredicted togrowwithaCAGR of8.75%intermsofrevenue during theforecasting years of 2023-2032. “Browse 51 Market Data Tables and 49 Figures spread over 255 Pages, along with an in-depth TOC on theGlobal Micro Irrigation Systems MarketForecast2023-2032.” VIEWTABLE OFCONTENTLINK-https://inkwoodresearch.com/reports/micro-irrigation-systems- market/#table-of-contents Micro irrigation entails the direct and frequent application of small water quantities below and above the soil’s surface. Also termed low-volume irrigation, the method effectively delivers water to plant roots.This irrigation type isnecessary in ordertoensure enhanced agriculturalproductivity, improve production, generateanincreased farmincome,andaugmentoff-farm andon-farm employment. Moreover,microirrigation systems aretypicallylow-or medium-pressuresystems, providingwater in theformofspray,sprinkles,jet,drip,andmist.
REQUESTFREESAMPLELINK–https://inkwoodresearch.com/reports/micro-irrigation-systems- market/#request-free-sample DiminishingWater ResourcestoPropelMarketGrowth The surging issue of water scarcity considerably increases the scope of micro irrigation worldwide. As per the United Nations, nearly half of the world’s population resides in urban areas. The ever-growing urban development affects the ecosystems and decreases natural resources, thereby leading to short rainfall. According to estimations, the global food demand is expected to grow by 50% by the end of 2030. However, the need for renewable energy sources, including hydropower energy, is anticipated to increaseby 60%.Around8millionindividualsacross theworlddieevery year on accountofdrinking pollutedwater and thelackofwater.In addition,approximately70%ofwatersourcesare utilized for irrigation and agriculture, with only 10% used for domestic purposes. Therefore, declining water resources aresettofuel marketgrowth. OrchardCropsare theFastest-Growing CropType Orchardcropsareinternationalshrubortreeplantationsproducingfood.Theyincludefruits, vegetables,and nut-producingtrees,cultivatedforcommercialfood production.Moreover,micro- sprinklers, as well as low-pressure irrigation systems, witness a high adoption rate for high-value crops, such as tree fruits, primarily across Coloradan orchards. Micro-sprinkler irrigation systems are increasinglybeingdeployed forirrigatingirregularlyshaped and slopingorchard blocksthatcannotbe irrigated byfurroworfloodirrigation. Conversely,water-solublefertilizersareutilizedin micro irrigation systemsinordertoirrigateorchardcrops. Asia-PacifictoLeadtheGlobalMarketby2032 The growing trend of small-scale agricultural facilities across the rural regions in Asia-Pacific is anticipated to play a crucial role in fueling the demand for micro irrigation products, such as drip irrigation and sprinklers.Moreover, government initiativestoward100%foreign investments,especially across India’s agricultural sector for vegetable cultivation, plantation, horticulture, and seeds, are expectedtostimulate theimplementationofmicroirrigationsystems acrossthe region. The globalmarket harborsnumerouscompetitors.In addition,severalcompanies,as wellas domestic players,provide microirrigationsystems. As aresult,the marketrivalryis expected to remainhigh. Some ofthe leadingfirms operatinginthe marketareValmontIndustries,Rivulis Irrigation,NetafimLtd, MahindraEPC IrrigationLimited,etc. RequestforCustomization:https://inkwoodresearch.com/request-for-custom-report/ AboutInkwoodResearch InkwoodResearch specializesin syndicated &customizedresearch reports andconsultingservices. Market intelligencestudieswith relevant fact-basedresearch arecustomizedacrossindustryverticals suchas technology,automotive,chemicals,materials,healthcare,andenergy,withanobjective
comprehension thatacknowledgesthebusinessenvironments.Ourgeographicalanalysiscomprises North&SouthAmerica,CEE, CIS,the MiddleEast,Europe,Asia,andAfrica. ContactUs https://www.inkwoodresearch.com sales@inkwoodresearch.com 1-(857)293-0150 RelatedReports: GLOBAL SMART AGRICULTURE MARKET GLOBALAGRICULTURALROBOTSMARKET