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Crop Monitoring Market by Offering, Technology (Remote Sensing, AI & Computer Vision, Automation & Robotics, Others), Farm Type, Application (Yield Monitoring, Crop Scouting, Nutrient Monitoring, Others), and Geography - Global Forecast to 2030<br>
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“Crop Monitoring Market Size, Share, Forecast, & Trends Analysis”
Crop Monitoring Market 2023-2030 [Redding, California - Jan 25, 2024] — Meticulous Research®, a globally renowned market research company, has recently released its latest report titled, ‘Crop Monitoring Market by Offering, Technology (Remote Sensing, AI & Computer Vision, Automation & Robotics, Others), Farm Type, Application (Yield Monitoring, Crop Scouting, Nutrient Monitoring, Others), and Geography - Global Forecast to 2030.’ Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5659 The report anticipates that the global crop monitoring market is poised to achieve a substantial valuation of $8.9 billion by the year 2030, exhibiting a robust CAGR of 19.3% throughout the forecast period. The growth trajectory is attributed to the escalating demand for precision farming through remote sensing technologies, increasing governmental support for IoT adoption in agriculture, and the surging global population's need for high-quality agricultural products. Nonetheless, challenges such as the high costs of advanced agricultural equipment and dynamic regulatory frameworks in the agriculture sector may pose constraints to market expansion. The integration of Artificial Intelligence (AI) and Internet of Things (IoT) technologies in crop monitoring devices, coupled with continuous advancements in mapping and navigation solutions, is expected to unlock significant growth opportunities for the global crop monitoring market. However, obstacles like a lack of technical knowledge among farmers and the limited penetration of agricultural technologies in developing countries may impede market growth. Meticulous Research® has meticulously segmented the market based on offering, technology, farm type, application, and geography to facilitate efficient analysis. The study also includes a thorough evaluation of industry competitors and provides a detailed market analysis at both regional and country levels. Key Findings: Offering Segment: The global crop monitoring market is classified into hardware, software, and services. In 2023, the hardware segment is anticipated to dominate the market, driven by the rapid automation of agricultural processes, increasing demand for drones, and rising labor costs. Technology Segment: The technology segment encompasses remote sensing, AI & computer vision, IoT, cloud technologies, big data, automation & robotics, and other technologies. The remote sensing segment is projected to hold the largest market share in 2023, owing to reduced sensor prices and growing government investments in farm automation systems. Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com
Crop Monitoring Market 2023-2030 Farm Type Segment: Large farms (more than 10 hectares) are expected to command the largest market share in 2023, driven by the adoption of advanced technologies for precise assessment of crop health, growth, and yield over expansive land areas. Speak to Analyst: https://www.meticulousresearch.com/speak-to- analyst/cp_id=5659 Application Segment: Yield monitoring is poised to be the dominant application in 2023, attributed to the rising adoption of precision farming, increasing population, government subsidies, and the quest for enhanced profitability and yield. Geography Segment: Europe is projected to lead the global crop monitoring market in 2023, fueled by the increasing demand for improved food products, growing farmer interest in precision farming, and substantial government investments in IoT solutions. Key Players: The key players in the global crop monitoring market include Topcon Corporation (Japan), Trimble Inc. (U.S.), Climate LLC (U.S.), Yara International ASA (Norway), CropX Inc. (Israel), EOS Data Analytics, Inc. (U.S.), The Cropio Group (U.S.), PrecisionHawk (U.S.), Taranis (Israel), Ag Leader Technology (U.S.), Deere & Company (U.S.), AGCO Corporation (U.S.), Sentera (U.S.), American Robotics, Inc. (U.S.), SGS S.A. (Switzerland), Cropin Technology Solutions Private Limited (India), Arable (U.S.), and Small Robot Company (U.S.). Key questions answered in the report: •Which are the high-growth market segments in terms of offering, technology, farm type, application, and geography? •What is the historical market for crop monitoring systems? •What are the market forecasts and estimates for the period 2023–2030? •What are the major drivers, restraints, and opportunities in the global crop monitoring market? •Which are the major players in the global crop monitoring market, and what are their market shares? •How is the competitive landscape? •What are the recent developments in the global crop monitoring market? •How do major players adopt the different strategies in this market? •What are the geographic trends and high-growth regions in the market? Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com
Crop Monitoring Market 2023-2030 •Which are the emerging players in the global crop monitoring market, and how do they compete with the other players? Quick Buy: https://www.meticulousresearch.com/Checkout/12386643 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value- driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com