In a recent research report by Maximize Market Research, the Global Fertigation Control System Market is expected to surpass US $ 1.12 Mn. by the year 2027, from US $ 388.91 Mn. in 2020.
Global Fertigation Control System Market Trends:
The growing shortage of water around the world, along with strong government attempts in emerging economies to optimise water resources, is propelling market expansion, as the fertigation control system is also used to regulate water allocation in farms. Furthermore, the implementation of the fertigation technique in agriculture, as well as the rising demand for high-quality food, are driving up market value. However, market expansion may be hampered by hefty initial investment costs.
The market for fertigation control systems in Germany is expected to develop at an annual pace of 8.9% over the forecast period, according to the study. In many parts of Germany, small-scale agricultural businesses are expanding the reach of commercial urban farming. In recent years, this has seen substantial expansion. Moreover, the development of urban farming and organic farming in industrialized European countries is driving the market for fertigation management systems to rise.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.1 %, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Substation Maintenance in the region, the Value – Chain analysis, and the PORTER’s analysis for the Substation Maintenance market at a global level.
The study is consolidated on the basis of segments and further into sub-segments, by Channel (Multi channel, Single channel and Dual channel) by Technology (Automated and Manual) by Application (Green house, Open field, Research body and others)
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key Players- Jain Irrigation System Ltd, Netafim, Irritec, Novedades Agricolas S.A., Spagnol srl, Argus Controls Systems Ltd., J. Huete, S.I. Irrigation Systems, Agricontrol Balbo Snc and Dry, Powerplants, Neel Agrotech Pvt Ltd, Turf Feeding Systems, Inc, Agrowtek Inc, Pure Hydroponics, Climate Control Systems Inc, Param Greenhouses.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Fertigation Control System Market.”
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