Future of Global Precision Agriculture Market Along with Key Drivers, Major Manufactures, Business Insights, Trends and Forecast 2025
The Infinium Global Research analyzes the Precision Agriculture Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global precision agriculture market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of precision agriculture. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the precision agriculture market during the period.
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Smart Design Provides Immense Scope to the Global Precision Agriculture Market
Precision agriculture is growingly popular amongst farmers owing to the need for optimum production with available resources. Further, global warming causes an unexpected weather change that necessitates the adoption of advanced technologies to enhance productivity and crop yield. Different technologies such as weather forecasting, real-time farm monitoring, and optimal field requirement enable the farmers to increase the productivity with minimum human efforts and wastages. Additionally, governments across the globe encourage modern agriculture techniques to enhance productivity and crop yield. However, lack of awareness about the benefit of precision agriculture among farmers and affordability of technology are restraining the growth of the market to the short term. Moreover, a rapidly growing use of IoT and technological innovations such as vertical farms with smart design provides immense scope to the global precision agriculture market.
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North America Holds a Large Share in The Global Precision Agriculture Market
Geographically, the precision agriculture market is segmented into North America, Europe, Asia-Pacific, and RoW. North America holds a large share in the global precision agriculture market owing to developed infrastructure and increasing government initiatives for the adoption of modern agriculture technologies. The U.S. and Canada are the recent adopters of precision farming technology in this region.
Global Precision Agriculture Market: Segmentation
The report on the global precision agriculture market covers segments such as technology, hardware, and software. On the basis of technology, the sub-markets include GIS, telematics, VRT, GPS, and remote sensing. On the basis of hardware, the sub-markets include sensors, drones, automated steering system, and radar. On the basis of software, the sub-markets include crop management software, weather tracking, and inventory.
Global Precision Agriculture Market: Competitive Landscape
The report provides profiles of the companies in the market such as CropMetrics LLC, John Deere, Trimble Navigation Limited, CropX Ltd, AgSmarts Inc, AgSense LLC, AGCO Corporation, Dickey-John Corporation, Monsanto Company, and Ag Leader Technology, Inc.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the precision agriculture .
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.