Water Conservation and Precision Farming Propel the Irrigation Equipment Market Toward $15.75 Billion by 2031
The global irrigation equipment market is poised for significant growth, with projections indicating it will reach $15.75 billion by 2031, growing at a CAGR of 9.3% from 2024 to 2031. Key factors driving this expansion include increasing water scarcity, government-led initiatives for water conservation, and a heightened demand to modernize agricultural operations. However, the high costs...
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