Microirrigation Market Booms: Driven by Water Scarcity and Precision Farming |
Posted: May 15, 2024 |
The microirrigation systems industry is estimated at USD 10.4 billion in 2022 and is projected to reach USD 17.8 billion by 2028, at a CAGR of 9.4% from 2023 to 2028. Advancements in technology have significantly improved the efficiency and effectiveness of microirrigation systems. Automation and control systems allow for precise monitoring and management of water applications, ensuring optimal irrigation scheduling and reducing human error. Additionally, innovations in sensor technology, remote monitoring, and data analytics have enabled real-time monitoring of soil moisture levels, weather conditions, and crop water requirements, leading to improved irrigation management. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=566 Micro-sprinkler is estimated to be the fastest-growing segment during the forecast period Micro sprinklers provide uniform water distribution across the field or garden. They can be strategically placed to cover specific areas or individual plants, ensuring that each plant receives an adequate amount of water. This precision helps in optimizing water usage and promotes healthy plant growth. In general, micro sprinkler systems function at lower pressures and flow rates than traditional sprinklers, resulting in decreased energy needs for water pumping. The plantation crops segment is projected as the fastest-growing segment during the research period Plantation crops is the fastest-growing segment during the forecasted period. Tea, coffee, and cocoa are some of the majorly cultivated plantation crops. Plantation crops are well-known for producing a high yield per unit area. They are carefully selected and bred for maximum production, resulting in a large output of raw materials, or finished goods. Plantation crops are generally cultivated continuously over a period of many years. These crops' management practices, such as mulching, terracing, and contour plowing, assist to prevent soil erosion and preserve soil fertility. Microirrigation Systems Market Trends The microirrigation systems market is experiencing steady growth, driven by several key trends:
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=566 Microirrigation Systems Market Share
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