Precision Agriculture market Share, Trend, Segmentation and Forecast to 2027

1. Precision Farming/Agriculture Market To Reach USD 14.1 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com

2. Market Summary Increasing usage of IoT in the agriculture sector is contributing to the growth of the precision Farming/Agriculture market. Market Size – USD 5.3 Billion in 2018, Market Growth - CAGR of 12.7%, Market Trends – New product launches and increasing usage of IoT in Farming/Agriculture practices According to the current analysis of Reports and Data, the global precision Farming/Agriculture market was valued at USD 5.3 Billion in 2018 and is expected to reach USD 14.1 Billion by the year 2026, at a CAGR of 12.7%. This high growth is mainly attributable to an increasing usage of GPS & GIS systems to monitor agricultural parameters.

3. Our Approach Market Summary This high growth is mainly attributable to an increasing usage of GPS & GIS systems to monitor agricultural parameters. These field mapping systems help to gather real-time data and enable the analysis of a huge geospatial data set. These systems facilitate field mapping, soil sampling, and farm planning and help farmers to adopt effective soil or plant treatment strategies, increasing farm production. In addition, sensors are placed throughout the field that measure temperature, nutrition level and humidity of the soil. Therefore, the technology eliminates manual human efforts by automating crucial processes including real-time farm monitoring and information sharing. Precision Farming/Agriculture is swiftly gaining popularity among farmers due to the increasing need for optimum production with the given resources. Further, the changing weather patterns due to increasing global warming have necessitated the adoption of advanced technologies to enhance the productivity and crop yield. Another factor contributing to the precision Farming/Agriculture market growth is the huge use of drones and aircrafts for precision Farming/Agriculture operations. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1291

4. Our Approach Market Summary Further key findings from the report suggest Precision Farming/Agriculture market in North America was the largest with a share of 2% in 2018. The market here is projected to grow at a CAGR of 11.0% during the forecast period. The increasing adoption of efficient and sustainable Farming/Agriculture practices to ensure food security is one of the primary factors contributing to the use of precision Farming/Agriculture techniques in the agriculture sector. In 2018, the U.S. precision Farming/Agriculture market sales grew to USD 1.3 billion, at a CAGR of 9.3% during the forecast period. The Asia-Pacific region is projected to be the fastest growing market during the forecast period, growing at a CAGR of 18.7%. Presence of countries with the largest population, rising demands for food products, and the need to enhance farm output drive the demand for precision Farming/Agriculture techniques in the region. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/precision-farming-agriculture-market

5. Our Approach Market Summary Deere & Company (US), Trimble (US), AGCO Corporation (US), AgJunction (US), Raven Industries (US), AG Leader (US), Precision Planting (US), The Climate Corporation (US) For the purpose of this report, Reports and Data have segmented into the global battery packaging market on the basis of type of battery, material, type of packaging, level of packaging, and region: Component (Revenue, USD Million; 2016–2026) Hardware Automation & Control Systems Display Guidance & Steering GPS & GNSS Drones, UAV & Cameras Others

6. Our Approach Market Summary Technology (Revenue, USD Million; 2016–2026) Guidance Technology Remote Sensing Variable-Rate Technology Application (Revenue, USD Million; 2016–2026) Yield Monitoring Field Mapping Irrigation Management Inventory Management Order Now: https://www.reportsanddata.com/report-detail/precision-farming-agriculture-marketRegional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) North America Europe Asia Pacific MEA Latin America

7. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us