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Source: https://www.globenewswire.com/en/news-release/2024/07/15/2912756/0/en/Drip-Irrigation-Market-Size-is-Expected-to-Grow-8-6-billio

Category: Business

According to MarketsandMarkets, the drip irrigation market is projected to reach USD 8.6 billion by 2029 from USD 5.6 billion by 2024, at a CAGR of 9.0% during the forecast period in terms of value. Subsidies and support programs from governments promoting sustainable farming practices are encouraging farmers to adopt drip irrigation systems. Furthermore, Innovations in drip irrigation technology, making systems more cost-effective, durable, and easier to install and maintain, are boosting their popularity.

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