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Global Precision Farming Market, 2015-2021

Increasing awareness concerning environmental impact over farming is expected to drive the market in the coming future.

Increasing awareness concerning environmental impact over farming is expected to drive the market in the coming future.

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<strong>Precision</strong> <strong>Farming</strong> <strong>Market</strong><br />

<strong>Precision</strong> farming is an administrative concept based on measuring, responding, and<br />

observing unevenness in inter and intra-field crops. The goal of precision farming is to<br />

increase the production with the assistance of decision support system (DSS) and<br />

preserving resources. <strong>Precision</strong> farming uses advanced technology to optimize crop<br />

production with the help of GIS, remote sensing, and GPS over the long period. <strong>Precision</strong><br />

farming is also known as site-specific crop management (SSCM) and satellite farming. The<br />

major advantage of the precision farming is to reduce labor & material cost in order to<br />

increase the cost of the production with the application of crucial automation processes.<br />

Further, the remote sensing technique is used in the entire field in order to measure the<br />

humidity of the soil, temperature, and nutrition level.<br />

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Increasing awareness concerning environmental impact over farming is expected to drive<br />

the market in the coming future. Other factors such as improvement in data management in<br />

farming are impacting the global precision farming market positively. The use of elegant<br />

technologies in tracking geo-location to increase the efficiency may also boost the market in<br />

future. Additionally, it also safeguards fuel usage in precision farming. Government initiation<br />

on the R&D in precision farming technology may propel the market in near future.

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