Drip Irrigation Industry Analysis - Growth, Statistics, COVID-19 Impact, and Forecasts (2021 - 2027)
Market Analysis The Drip Irrigation Industry Analysis is likely to touch USD 7.9 billion at a 10.3% CAGR between 2019- 2024, reveals the new Market Research Future (MRFR) report. Drip irrigation or trickle irrigation, simply put, is a unique way to directly supply water to the roots of the crops. One of its benefits is that it prevents waterlogging that is generally caused by flood irrigation. Landscape, plantation crops, orchard crops, field crops, and others are some of its major end uses. Numerous factors are adding to the Drip Irrigation Industry Analysis demand. Such factors, as revealed by the latest MRFR report, include a decrease in production cost, enhancement of production, water conservation activities, and favourable government initiatives. Additional factors propelling the Drip Irrigation Industry Analysis growth include increased fertilizer use efficiency, and increasing subsidies provided by the government. On the contrary, the higher initial inves...