The global microirrigation systems size is estimated to be valued at USD 9.7 billion in 2021 and is expected to reach a value of USD 15.1 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period.
Factors such as higher yield requirement from a limited area, rapid growth in greenhouse vegetable production, and rise in usage of artificial intelligence in microirrigtaion systems are some of the factors driving the growth of the microirrigation system
Factors such as higher yield requirement from a limited area, rapid growth in greenhouse vegetable production, and rise in usage of artificial intelligence in microirrigtaion systems are some of the factors driving the growth of the microirrigation system
Factors such as higher yield requirement from a limited area, rapid growth in greenhouse vegetable production, and rise in usage of artificial intelligence in microirrigtaion systems are some of the factors driving the growth of the microirrigation system
Increasing water scarcity and demand, and improvement in crop yield and quality are also some other factors that are driving the growth of the market.
North America accounted for the largest market share for microirrigation systems, Mexico being the fastest growing in the region, from 2016 to 2021. On the other hand, Asia-Pacific is projected to be the fastest-growing market for the period considered fo