The global irrigation market is witnessing product innovation and registration of new patents, which is indicating the proliferated demand for new technology and farm equipment as they offer higher returns on investment.
Irrigation has been a fundamental attribute of agriculture for more than 5000 years and is the outcome of varied principles. Traditionally, it was the base of financial prudence and cultures around the world. Irrigation refers to the control of the quantity of water given to plants at required intervals. It functions to cultivate crops, conserve the landscape and vegetate the soils in dried areas and in times of less-than-average rainfall. The other benefits of irrigation in crop production includes preventing the growth of weeds and frost protection.
The dearth of farm labor, fulfilment of food security and water scarcity are preferred perceptions in the irrigation industry. Drop in levels of groundwater owing to climatic fluctuation is challenging the farmers worldwide, contributing demand for an irrigation market.
The irrigation management offers efficient use of agri-inputs to raise production capacity of the land. The application of efficient irrigation techniques, developing systems and equipment to upsurge the productivity and lessen the loss are the top strategies being implemented for ecological agriculture.
The global irrigation market is witnessing product innovation and registration of new patents, which is indicating the proliferated demand for new technology and farm equipment as they offer higher returns on investment. The market is bifurcated into various type of irrigation systems such as surface irrigation, drip irrigation, micro irrigation and sprinkler irrigation; among all, micro irrigation is anticipated to grow consistently in countries like Brazil, despite factors like rising fuel cost and decreased government spending. Moreover, regional and local government organizations and NGOs in various economies are pursuing exceeding agricultural production over the food demand parallel with scarce resources like water, labor, land and others.