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Precision Agriculture Market Global Trends, Share, Industry Size, Growth, Opportunities and Forecast By 2028
Precision agriculture market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 13.40% in the above-mentioned forecast period. Increasing need to adopt specific farming solutions to manage the raw m
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Precision Agriculture Market research report provides clients with the information on their business scenario with which they can build business strategies to thrive in the market. This makeover can be subjected to the moves of key players or brands which include developments, product launches, joint ventures, mergers and acquisitions that in turn change the view of the global face of the industry. According to this market report, the global market is anticipated to observe a moderately higher growth rate during the forecast period. Precision Agriculture Market report also covers strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client.
The large scale Precision Agriculture Market report makes customers or other market participants aware of the problems they may face while operating in this market over a longer period of time. It generally includes major manufacturers, suppliers, distributors, traders, customers, investors, major types, and major applications. The data gathered to prepare this report is based on the data collection modules with large sample sizes. With Precision Agriculture Market report study, businesses can know about the key opportunities in the market and influencing factors which is useful to take business to the highest level.
Precision agriculture market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 13.40% in the above-mentioned forecast period. Increasing need to adopt specific farming solutions to manage the raw materials has been directly impacting the growth of precision agriculture market.
Market Overview
Direct agriculture is a form of technological change in the agricultural sector. Direct agricultural market approaches are designed to improve crop yields and reduce labor shortages to meet global food demand. Precision Agriculture is gaining popularity among farmers due to the growing demand for good production with the resources provided. Advanced technology and techniques enable farmers to make better use of such resources as fertilizers, seeds, water, and pesticides. Climate change as a result of globalization has led to more accurate agricultural production and productivity.
The major players covered in the precision agriculture market report are AgJunction, Raven Industries, Inc., Deere Company, AGCO Corporation, Trimble Inc, Prospera Technologies Ltd., Descartes Labs Inc., Topcon Positioning Systems Inc., AgEagle Aerial Systems Inc., Ag Leader Technology Inc., 365FarmNet GmbH, Abundant Robotics Inc., AeroVironment, Inc., BASF SE, CLAAS Group, CNH Industrial N.V., Granular Inc., Harvest Automation Inc., Hexagon Agriculture, Kubota Corporation, Naio Technologies, Parrot SA, PrecisionHawk Inc., Teejet Technologies, The Toro Company, Valmont Industries, Inc., YANMAR HOLDINGS CO., LTD. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Precision Agriculture Market Scope and Market Size
Global Precision Agriculture Market is segmented on the basis of technology, application and offering. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on technology, the precision agriculture market is segmented into guidance technology, remote sensing technology and variable-rate technology. Guidance technology is further segmented into GPS/GNSS-based guidance technology and GIS-based guidance technology. Remote sensing technology is further segmented into handheld or ground-based sensing and satellite or aerial sensing. Variable-rate technology is further segmented into map-based VRT and sensor-based VRT.
Precision agriculture market has also been segmented based on application, into crop scouting, field mapping, yield monitoring, weather tracking forecasting irrigation management, inventory management, farm labour management and variable rate application. Variable rate application is further segmented into precision irrigation, precision seeding, precision fertilization and pesticide VRA.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Precision Agriculture Market Landscape
Part 04: Global Precision Agriculture Market Sizing
Part 05: Global Precision Agriculture Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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