The global Precision Agriculture Market 2027 by The Insight Partners introduces you to the minute details of the Precision Agriculture industry shedding light on the ongoing market trends. The report is aimed at providing a comprehensive view of the global Precision Agriculture market with detailed segmentation by product/application and geography. The global Precision Agriculture market is likely to witness robust growth during the forecast period.
Increasing global population and high-income growth have led to rising concerns related to food security across the globe. Several agricultural technology innovators and start-ups are developing various sustainable farming systems. With the rapid deployment of precision agriculture solutions, the farmers are capable of improving production yield by efficient management of farm enterprises. The emergence of innovative farm management techniques is supporting farmers to reduce energy consumption and overall cost-effective operations attributing to their resource-efficient and precise approach.
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Top Key Players in this report includes, Ag Leader Technology, Inc., AGCO Corporation, AgEagle Aerial Systems Inc., AgJunction Inc., AgSense LLC (Valmont Industries, Inc.), CropMetrics LLC, CropZilla Software, Inc., Deere & Company, Raven Industries, Trimble Inc.
Rising awareness, coupled with the increased governmental initiatives for sustainable farming technologies are the key factors that are contributing to the growth of the precision agriculture market. In addition, increasing acceptance of new farming technologies is boosting agricultural production. Integration of smartphones with the internet of things (IoT) software & devices and rise in usage of drones in agriculture activities are anticipated to propel the precision agriculture market growth in the coming years.
The global precision agriculture market is segmented on the basis of component and application. Based on component, the market is segmented as hardware, software, and services. Further, based on application, the precision agriculture market is divided into data management, precision spraying, precision irrigation, precision planting, field monitoring, precision fertilization, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Precision Agriculture market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Precision Agriculture market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Precision Agriculture Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Precision Agriculture Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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This post was originally published on Space Market Research