Precision Agriculture Market By Technology (Geographical Information System, Telematics, VRT, Global Positioning Systems, Remote Sensing), Application, Demands & Forecast 2028
The Global Precision Agriculture Market is projected to reach USD14.85 billion by 2028, growing at a CAGR of 13.8% during the forecast period. The increasing strain on global food supply necessitating the use of precision agriculture technology & substantial cost saving due to precision agriculture techniques is expected to steer the precision agriculture market during the forecast period.
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The Global Precision Agriculture Market research report is an insightful source of market intelligence based on the global Precision Agriculture industry. The report thoroughly analyzes various stages of the Precision Agriculture business life cycle ranging from demand, production, distribution, sales, and consumption. The market scope, history, performance, profitability, and maturity are deeply analyzed in the report. Also, the market growth prospects are depicted in the report derived from a profound analysis of past and present market sitch.
Global Precision Agriculture Market by Companies:
Major Companies profiled in the report which are key players in the global precision agriculture market are Deere & Company, Trimble, AGCO Corporation, AgJunction, Raven Industries, AG Leader, Precision Planting, The Climate Corporation, CropMetrics, Agribotix, Topcon Positioning Systems, Descartes Labs, ec2ce, Gamaya, and Decisive Farming.
Key Factors Impacting the Growth of Precision Agriculture Market:
o Increasing strain on global food supply due to the increasing population.
o Increasing demand due to high efficiency & cost-cutting.
o Ease of access to newer precision agriculture techniques.
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What Does This Report Provide?
This report provides a detailed understanding of the global precision agriculture market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with a potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the precision agriculture market.
The Precision Agriculture market is distributed into segments-
The Global Precision Agriculture Market is growing at a faster pace with large growth rates over the last few years and is affected that the market will grow significantly in the forecasted period 2020 to 2028.
Furthermore, with advancements in GPS guidance and automation, drones are poised to transform the agriculture industry. The ability of drones to precisely analyze the soil at the beginning of the crop cycle and detect a plant infected with bacteria or fungus is anticipated to propel the growth of the drone segment.
The market has been divided into forms, applications, and regions. The growth of each segment Of the Precision Agriculture Market provides a reliable estimate and prediction of revenues by Types and Applications in terms of volume and value for the period from 2020 to 2025. This Precision Agriculture Market research will help you grow your business by concentrating on eligible niche markets. Data on Precision Agriculture Market share are available at global and regional levels. The Regions covered by the survey are North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. Research analysts identify the competitive strengths and offer strategic analysis to each competitor separately.
Reasons to Buy This Report:
o Market size estimation of the global precision agriculture market on a regional and global basis.
o The unique research design for market size estimation and forecast.
o Profiling of major companies operating in the precision agriculture market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the precision agriculture market.
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Market Segmentation:
By Technology:
o Geographical Information System
o Telematics
o Variable Rate Technology
o Global Positioning Systems
o Remote Sensing
By Offering:
o Hardware
o Software
o Services
By Application:
o Yield Monitoring
o Crop Scouting
o Field Mapping
o Irrigation Management
o Weather Tracking & Forecasting
o Inventory Management
o Farm Labor Management
o Financial Management
o Others
By Region:
North America
? By Country (US, Canada, Mexico)
? By Technology
? By Offering
? By Application
o Western Europe
? By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
? By Technology
? By Offering
? By Application
o Eastern Europe
? By Country (Russia, Turkey, Rest of Eastern Europe)
? By Technology
? By Offering
? By Application
o Asia Pacific
? By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
? By Technology
? By Offering
? By Application
o Middle East
? By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
? By Technology
? By Offering
? By Application
o Rest of the World
? By Region (South America, Africa)
? By Technology
? By Offering
? By Application
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