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precision farming market size

precision farming market size By Components (Hardware, Software, Services), By Application (Yield Mapping, Quality Mapping, Soil Properties Analysis, Inventory Management, Labor Management, Crop Scouting) - Forecast 2016-2022<br>

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precision farming market size

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  1. Precision Farming Market Report- Forecast 2022 Precision FarmingMarket Report-Forecast2022

  2. Precision Farming Market Report- Forecast 2022 VIEWREPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Precision Farming Market Report- Forecast 2022 Summary Precision Farming 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. Mostofthe farmersare aware ofthisbutthey lackedthe tools to measureandmanage these variations. Thus, it has been found invarious 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 environmentalprotection. 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 highinternment are some of the restraintsof themarket. The Global Precision Farming Market Size is expected to grow at US ~$7 billion by end of forecast periodwith compoundannualgrowth rate of12%. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Precision Farming Market Report- Forecast 2022 Major KeyPlayers: • 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.) • Raven Industries, • Topcon Positioning Systems,Inc. • AquaSpy,CropMetrics • Farmobile,Granular • IBMWatson P a g e | 4 Copyright © 2017 Market Research Future.

  5. Precision Farming Market Report- Forecast 2022 Segmentation: The Precision Farmingmarket hasbeensegmented onthe basisof- By Components - Hardware (Displays, Sensors, Drones, GPSSystems, Mobile Devices among others), Software (On Cloud, On Premise) and Service (Managed Services and ProfessionalServices) By Application - Yield mapping, Quality mapping, Soil properties analysis, Inventory Management,Labormanagement,CropScoutingamongothers. P a g e | 5 Copyright © 2017 Market Research Future.

  6. Precision Farming Market Report- Forecast 2022 RegionalAnalysis: North America is dominating the market of Precision Farming. 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 intermsofrevenuegeneration.Countries suchasU.K.,Germany,andFrancearesome of the leadinginEurope region also,governmentof these countries is supporting the technology adoption in agriculture, helping the market of precision farming to grow. Asia-Pacifichas emergedas fastest growing market. Countries suchas ChinaandIndia 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 farmingequipment’s. P a g e | 6 Copyright © 2017 Market Research Future.

  7. Precision Farming Market Report- Forecast 2022 (Germany) are focusing on the digital utilitiestransformation. P a g e | 7 Copyright © 2017 Market Research Future.

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