Reports and Data has recently added a new research report titled ‘Global Sprinkler Irrigation Systems Market Forecast to 2028’ to its wide database that offers extensive information about the Sprinkler Irrigation Systems market with regards to market share, market size, revenue growth, global and regional reach, and product portfolio offered by the market. The report focuses on current and emerging trends in the agriculture industry such as sustainable farming, novel irrigation and air seeding technology, incorporation of GPS and satellite imagery to boost productivity of the farms, and rapid adoption of smart agriculture to offer crucial insights into technological developments and progress of the sector.
The global Sprinkler Irrigation Systems Market size is expected to reach USD 2.89 Billion by 2028 and register a CAGR of 2.2%, according to the latest report by Reports and Data. Some factors fueling global market revenue growth are constant demand for food and crops among a rapidly expanding global population.
Sprinkler irrigation is a technique that enables more efficient water usage to irrigate and cultivate crops and these systems can be deployed in application areas ranging from small scale to large scale farms. This method is highly preferred by majority of farmers owing to its effectiveness and easy application. Factors such as technological advancements, high application efficiency, and low labor costs are surging demand for sprinkler irrigation systems. Moreover, these irrigation systems are widely used to spray fertilizers and chemicals in farms.
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Some key highlights from the report:
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Key companies in the market are focusing on R&D for development of novel and advanced agricultural devices, temperature and moisture sensors, and systems to supply to the growing demand. Moreover, they are offering training and assistance to farmers on how to deploy and utilize novel technologies along with their existing practices to boost farm and livestock productivity. The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.
Top companies operating in the market and profiled in the report include:
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Further, the report segments the Sprinkler Irrigation Systems market on the basis of product types, applications, end-use industries, and technology among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.
Sprinkler Irrigation Systems Market Segmentation:
Based On Type: (Revenue, USD Billion, 2018 – 2028)
Based On Crop Type: (Revenue, USD Billion, 2018 – 2028)
Based on Field Size: (Revenue, USD Billion, 2018 – 2028)
Based on Mobility (Revenue, USD Billion, 2018 – 2028)
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