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The global micro irrigation systems industry is primarily driven by rising water scarcity. Water is depleting to a greater extent and wishes to be utilized optimally. The planet is witnessing an increased reduction in water-bed levels, which is forcing farmers worldwide to choose better irrigation systems that use minimal amounts of water, unlike traditional micro irrigation systems.
The key companies operating in this market like Toro company [NYSE: TTC] are continuously making efforts to design and manufacture drip, sprinkler, and other type of apparatus that are cost effective and easy to operate and employ. Increasing collaboration between companies with the government of different economies to encourage micro irrigation is predicted to play vital role in enhancing the market growth. Moreover, high subsidies offered by government on the use of micro irrigation system is expected to enhance their approval among farmers based in developed as well as developing countries.
Market Analysis by Product, Crop Type, Cultivation Technology, Applications, and Regions:
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The major players in the global chocolate spread market are Lindsay Corporation, The Toro Company, Rain Bird Corporation, Netafim Ltd., Jain Irrigation Systems Ltd., Mahindra EPC Irrigation Limited, among others.
The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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