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Stock impact report

North America's Rising Role in the Microirrigation Systems Industry Boom: Leading the Next Wave of Irrigation Innovation [Yahoo! Finance]

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Yahoo! Finance
projected to experience significant growth in the coming years, with its market size anticipated to reach USD 17.8 billion by 2028, up from USD 11.3 billion in 2023. This expansion, at a CAGR of 9.4% during the forecast period, is driven by the efficient usage of water resources in drought conditions, higher yield production, and cost-effectiveness. Emerging economies, where agriculture remains a primary occupation, are expected to contribute significantly to this growth. Additionally, support from public and private sectors worldwide is further fueling market expansion. Opportunity: Sustainable Agricultural Practices In recent years, numerous global food companies have implemented measures to market their products as sustainably produced. This trend has not only been profitable for these companies but has also enhanced the market share of microirrigation systems. These systems enable companies to ensure that raw materials are produced sustainably by reducing water consumption, li Show less Read more
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