Agricultural Irrigation Machinery Market to Reflect Steady Growth Rate by 2026 Agricultural Irrigation Machinery Marketreport includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global
BriefingWire.com, 4/19/2021 - According to TMR, the Global Agricultural Irrigation Machinery market accounted for $4.85 billion in 2017 and is expected to reach $24.19 billion by 2026 growing at a CAGR of 19.5% during the forecast period. Growing awareness of drip irrigation system, improvement in the food productivity and huge demand for food are some of the key driving factors for the market growth. However, factors such as high cost of setting up metrology facility and lack of skilled personnel are hindering the market growth.