Precision Farming Market Leading Key Players, Market Segments, Business Trends and Growth by Forecast to 2027 | Impact of COVID-19

 Market Scenario: 

Precision Farming market Share or Precision Agriculture is a process of identification and management of variability of any farm and variability of productivity. There are various factors such as soil, weather, water and vegetation which varies from place to place and these factors also plays very vital role in crop growth and farming success. Most of the farmers are aware of this but they lacked the tools to measure and manage these variations. Thus, it has been found in various studies that, precision farming can help to supply the equivalent amount of food to the rising world population and helps farmers to achieve a greater suitability, higher productivity, economic benefits and environmental protection.   

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2066

The major factor driving this market is high adoption of technologies in agriculture, need of more efficient farming, increasing government interest towards promotion of precision farming among other whereas factors such as need of technical experience along with high internment are some of the restraints of the market.  

The Global Precision Farming Market is expected to grow at US ~$7 billion by end of forecast period with compound annual growth rate of 12%.

Key Players

The prominent players identified in the market of Precision Farming are- AGCO Corporation (U.S.), Deere & Company (U.S.), AG Leader Technology (U.S.), AgEagle Aerial Systems (U.S.), Aglytix Inc. (U.S.), AgGateway (U.S.), Precision Planting (U.S.), AgJunction Inc. (U.S.), Agribotix (U.S.), Dickey-John Corporation (U.S.) among others.

Some other players in this market are- Raven Industries, Topcon Positioning Systems, Inc., AquaSpy, CropMetrics, Farmobile, Granular, IBM Watson among others.

Segments:

 

The Precision Farming market Size has been segmented on the basis of-

 

  • By Components - Hardware (Displays, Sensors, Drones, GPS Systems, Mobile Devices among others), Software (On Cloud, On Premise) and Service (Managed Services and Professional Services)
  • By Application - Yield mapping, Quality mapping, Soil properties analysis, Inventory Management, Labor management, Crop Scouting among others.

Regional Analysis:

North America is dominating the Precision Farming market Share. High technology adoption and development in the field of agriculture is the main factor helping the market to grow. Also, presence of top global players in U.S. and Canada is giving competitive advantage to the North America. Europe stands as second biggest market in terms of revenue generation. Countries such as U.K., Germany, and France are some of the leading in Europe region also, government of these countries is supporting the technology adoption in agriculture, helping the market of precision farming to grow. Asia-Pacific has emerged as fastest growing market. Countries such as China and India where most of the population is dependent on agriculture are opening to accept the new technologies in their farming process leading to high demand for the precision farming equipment’s.

Study Objectives of Precision Farming Market:

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Precision Farming
  • To provide insights about factors affecting the market growth.
  • To analyze the Precision Farming market based porter’s five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
  • To provide country level analysis of the market with respect to the current market size and future prospective.
  • To provide country level analysis of the market for segment on the basis of type, application, end -users and region.

Get Complete Report @ https://www.marketresearchfuture.com/reports/precision-farming-market-2066

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com  

Website: https://www.marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Intelligent Sensor Market Size, Share, Competitive Analysis, Research Methodology, Rapid Growth and Fast Forward Research till 2027 | Impact of COVID-19

  Market synopsis According to MRFR, the Global Intelligent Sensor Market Size 2020, is poised to develop from USD 18 billion in 2017, to USD 47.20 billion by 2023, at a CAGR of 18.20% during the forecast period. Market Highlights The key factors driving the growth of smart sensor markets are the growing use of sensors in various vertical industries, such as consumer electronics , automotive, logistics, defense and healthcare. For intelligent devices, the sector such as telecommunications, data processing, and electronics is approaching because a large amount of energy is being saved. The automobile industry has seen tremendous successes, from the manual transmission to fully automated vehicles. The new trend is the driverless car, and with the aid of an intelligent sensor, key players like Google Inc, Volvo, Toyota and Mercedes create less car for the drivers. Of which the market is dominated by the LiDAR and vision base sensor. At the end of 2023 the driverless car is expected to be
Read more

Screenless Display Market Growth, Future Scope, Challenges, Opportunities, Trends, Outlook And Forecast To 2027 | Impact of COVID-19

  Market Highlights In this rapidly changing world of technology, screenless display market is projected to show major growth prospects during the forecast period. Major factor driving the screenless display market is the increasing adoption of interactive displays in order to enhance customer service experience. Changing consumer preferences is another major factor responsible for driving the growth of screenless display market. The global  Screenless Display Market Size  is expected to grow at approx. USD 1,654 Million by 2023, at 32% of CAGR between 2018 and 2023. The global screenless display market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the screenless display market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of screenless display market. This is owing to the presence
Read more

Organic Semiconductor Market Trends, Size, Segments, Emerging Technologies and Market Growth by Forecast to 2027 | Impact of COVID-19

  The global organic semiconductor market is growing rapidly. The market rise attributes to the increasing uses of organic semiconductors in organic photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags, and display applications. Besides, the rising production of electronic components, such as light-emitting diodes, solar cells, and transistors, increases the organic semiconductor market size. With the rising demand for organic semiconductors and nanomaterials, the market is projected to witness significant traction in the future. In this regard Market Research Future (MRFR) states that the global organic semiconductor market is poised to garner exponential valuation by 2027, registering an impressive CAGR during the assessment period (2020–2027).  Get Sample of Report @  https://www.marketresearchfuture.com/sample_request/8069 Miniaturized Organic Semiconductors are Trending Over the last couple of years,  Organic Semiconductor Market Forecast  has evolved dramatical
Read more