Sprinkler Irrigation Systems Market is set size garner staggering revenues size 2026
Sprinkler Irrigation Systems Market is set size garner staggering revenues size 2026
BriefingWire.com, 4/12/2021 -
According to Stratistics MRC, the Global Sprinkler Irrigation Systems Market is accounted for $2.22 billion in 2017 and is expected to reach $2.77 billion by 2026 growing at a CAGR of 2.5% during the forecast period. Increasing concerns of water scarcity and growing demand for better yield & quality of crops, availability of equipment for spraying fertilizers & chemicals using sprinklers, reduction in labor costs and ease of operation are some of the factors fuelling the market growth. However, high instalment costs coupled with lack of social awareness and concerns to save natural resources are restricting the market growth.