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2024-11-13 12:17:04 -

Driving Agricultural Efficiency: Global Irrigation Equipment Market Forecast to Reach $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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2025-10-14 17:58:28 -

Strategic Partnerships and Local Manufacturing Bases Enhance Market Share Concentration in Key Regions
The global drip irrigation market was valued at USD 6.65 billion in 2024 and is projected to grow at a CAGR of 11.9% from 2025 to 2034. Asia Pacific dominates the market, driven by countries such as India, China, and Australia, where increasing water scarcity, government-led agricultural reforms, and adoption of precision irrigation practices are accelerating demand. Regional manufacturing...

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2024-09-19 09:24:41 -

Water Conservation Efforts and Automation Boost Irrigation Equipment Market to $15.75 Billion by 2031
The 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...

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