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- Water Conservation and Precision Farming Propel the Irrigation Equipment Market Toward $15.75 Billion by 2031The 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...0 Comentários 0 Compartilhamentos 157 Visualizações
- Water Conservation Efforts and Automation Boost Irrigation Equipment Market to $15.75 Billion by 2031The latest analysis by Meticulous Research® forecasts that the global Irrigation Equipment Market will hit $15.75 billion by 2031, growing at a CAGR of 9.3% from 2024 to 2031. Several key factors, such as increasing global water scarcity, government-driven water conservation initiatives, and the rising demand for mechanizing agricultural operations, are fueling this market's...0 Comentários 0 Compartilhamentos 810 Visualizações