Market Size of Brazil Agricultural Irrigation Machinery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.50 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Brazil Agricultural Irrigation Machinery Market Analysis
Brazil Agricultural Irrigation Machinery Market is projected to register a CAGR of 6.5% during the forecast period (2020-2025).
- Brazil is among the ten countries with the largest irrigated areas on the planet, a study conducted by the National Water Agency reported in 2017. The country's 6.95 million hectares are of food production is done using irrigation techniques.
- The country uses four types of irrigation methods, namely, surface irrigation, sprinkler irrigation, localized and subterranean irrigation methods.
- Though irrigation leads to excess water use in the country, even then it contributes to the growth in productivity and reduction in unitary costs along with the optimization of irrigation supplies and equipment.