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The global powered agriculture market size reached USD 52.87 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Increasing need for cost-effective farming and demand for better quality farming products and equipment are some key factors expected to support market revenue growth between 2022 and 2030.
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The global liquid fertilizer market is estimated to reach value of USD 3.07 Billion by 2027, according to a current analysis by Emergen Research. In farming, fertilizers is one of the largest expenses and hence, determining the suitable fertilizer and its correct application process is crucial. One of the greatest advantages of using liquid fertilizers is their immediate penetration. Also they helps the plant get easy access to nutrients. Several farmers use liquid fertilizers to obtain immediate root growth in early season.
The global liquid fertilizer market is estimated to reach value of USD 3.07 Billion by 2027, according to a current analysis by Emergen Research. In farming, fertilizers is one of the largest expenses and hence, determining the suitable fertilizer and its correct application process is crucial. One of the greatest advantages of using liquid fertilizers is their immediate penetration. Also they helps the plant get easy access to nutrients. Several farmers use liquid fertilizers to obtain immediate root growth in early season.
The global liquid fertilizer market is estimated to reach value of USD 3.07 Billion by 2027, according to a current analysis by Emergen Research. In farming, fertilizers is one of the largest expenses and hence, determining the suitable fertilizer and its correct application process is crucial. One of the greatest advantages of using liquid fertilizers is their immediate penetration. Also they helps the plant get easy access to nutrients. Several farmers use liquid fertilizers to obtain immediate root growth in early season.
Increasing implementation of artificial intelligence and machine learning for real-time farm data management is driving global farm management software market revenue growth
Market Size – USD 65.21 Billion in 2021, Market Growth – at a CAGR of 3.23%, Market Trends – Rising demand for advanced crop protection solutions from Asia Pacific
Market Size – USD 52.87 Billion in 2021, Market Growth – at a CAGR of 5.1%, Market Trends – Increasing integration of Geographic Information System software in agriculture
Rapid increase in the global population is exerting pressure on the agricultural sector worldwide to increase productivity in order to meet rising growing demand for food.
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Rising need to increase agricultural productivity while minimizing environmental degradation and rising global food demand are key factors driving market revenue growth
Rapid adoption of advanced technologies in agriculture variable rate to reduce labor cost is a key factor driving atherosclerosis drugs market revenue growth
The global ablation technology market size is expected to reach USD 13.87 Billion in 2032 and register a steady revenue CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Increasing development of advanced technologies and rising availability and accessibility of innovative ablation products are major factors driving market revenue growth.
The global Magnesium Diboride (MgB2) powder market size is expected to reach USD 92.9 Million in 2032 and is expected to register steady revenue CAGR of 11.3% during the forecast period, according to the latest analysis by Emergen Research. Rising application of magnesium diboride powder for potential fuel for hybrid rocket and ramjet propulsion in space and aerospace industry and increase in their Research and Development (R&D) activities to improve production techniques on the superconducting properties of magnesium diboride are some of the key factors driving revenue growth of the market.
Growing environmental awareness and increasing government supportive policies and initiatives regarding the adoption of biofuels are driving the demand of the market.
Increasing focus on mitigating financial crisis and regional instability is a significant factor driving the global cryptocurrency market revenue growth
Increasing demand for sustainable roads and rapid development in roadway and highway construction activities are driving global eco-friendly bitumen market revenue growth
Increasing investment in R&D in molecular diagnostics, new product development, and rising prevalence of targeted diseases are some key factors driving market revenue growth.
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The growing global population, coupled with the rising demand to increase agricultural productivity and the declining agricultural workforce in the developing countries, are driving the demand of the market.
Technological innovations and rising demand for high-quality displays in the healthcare and sports & entertainment industry are major factors driving market revenue growth
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The global medical cannabis market size is expected to reach USD 24.52 Billion at a steady revenue CAGR of 11.5% in 2028, according to latest analysis by Emergen Research. Increase in medical cannabis products and the rise in research activities are driving the market revenue growth. Moreover, legalization of the product in several countries is also propelling growth of the market.
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The global Indoor Farming Technology market will be worth USD 62.67 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be the rising demand for health-conscious consumers for high-quality and fresh organic foods. The rising incidence of chronic diseases among consumers has shifted their preferences towards high-quality organic food as they are more nutritious, healthier, and safer. Rapid urbanization in the emerging economies and the increasing purchasing power of the consumers is driving the growth of the indoor farming technology market. Growing initiatives to develop an independent farming technique having less impact on climate is anticipated to fuel the development of the indoor farming system.