Precision Farming Market Overview Forecast To 2026
Precision farming is defined (also known as precision agriculture or satellite farming) technologies as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.
On the basis of technology, guidance technology held the largest market size owing to the early adoption of this technology by farmers. GPS-based auto-guidance technology allows growers to reduce the overlapping of equipment and tractor passes, thus saving fuel, labor, time, and soil compaction.
The Americas held the largest share of the precision farming market in 2017. Countries such as the US and Canada in the Americas are the early adopters of precision farming technologies, which is the major reason for the high share of this region in the precision farming market. Farmers or growers in this region are increasingly adopting advanced farming systems and equipment such as steering and guidance systems, sensors, display devices, and farm management software.
This Research report comes up with the size of the global Precision Farming Market for the base year 2020 and the forecast between 2020 and 2026.
The following manufacturers are assessed in this report in terms of sales, revenue, and market share for each company:
Deere & Company, Trimble, Agco, Agjunction, Raven Industries, AG Leader Technology, SST Development Group, Teejet Technologies, Topcon Positioning Systems, Dickey-John Corporation, Cropmetrics, Hexagon Agriculture, Granular, Prospera Technologies, Agribotix, Autocopter Corp
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Types of Precision Farming covered are:
Guidance System, Remote Sensing, Variable-Rate Technology
Applications of Precision Farming covered are:
Yield Monitoring, Crop Scouting, Field Mapping, Irrigation Management, Weather Tracking & Forecasting, Inventory Management, Farm Labor Management, Financial Management, Others
The Global Precision Farming Market report analyses the production of goods, supply, sales, and the current status of the market in a detailed manner. Furthermore, the report examines the production shares and market product sales, as well as the capacity, production capacity, trends in sales, cost analysis, and revenue generation. Several other factors such as import/export status, industrial statistics, demand and supply ratio, gross margin, and industry chain structure have also been studied in the Global Precision Farming Market report.
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Regional Analysis For Precision Farming Market
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Table of Contents:
Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Precision Farming market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application.
Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Production by Region: Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied.
Profile of Manufacturers: Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.
The objectives of the report are:
– To analyze and forecast the market size of Precision Farming Industry in the global market.
– To study the global key players, SWOT analysis, value and global market share for leading players.
– To determine, explain and forecast the market by type, end use, and region.
– To analyze the market potential and advantage, opportunity and challenge, restraints and risks of global key regions.
– To find out significant trends and factors driving or restraining the market growth.
– To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
– To critically analyze each submarket in terms of individual growth trend and their contribution to the market.
– To understand competitive developments such as agreements, expansions, new product launches, and possessions in the market.
– To strategically outline the key players and comprehensively analyze their growth strategies.
The growth of this market globally is subjected to various factors, including consumer ace Precision Farming of a lot of Precision Farming products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
Conclusively, This report will provide you a clear view of each and every fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.
Mr. Kevin Thomas
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