Micro Irrigation Systems Market is Expected to Garner $8,321 Mn, Globally, by 2022
Micro Irrigation Systems Market report published by Allied Market Research , Signifies that the market is expected to reach revenue of $8,321 million by 2022, growing at a CAGR of 16.6% during the forecast period, 2016 - 2022. Factors such as scarcity of water, need for crop yield enhancement, and encouragement by the government majorly drive the global market. Asia-Pacific is expected be the largest market for micro irrigation systems during the forecast period. Sprinkler irrigation constitute the highest market share due to easily automated & mechanized systems and ability to irrigate widespread areas. Nonetheless, drip irrigation system is estimated to portray the fastest growth owing to issues regarding droplet ballistics in sprinkler irrigation systems that results into higher water consumption.
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