Global Precision Farming Market is expected to grow at an estimated CAGR of 13% over the forecast 2017-2022
Precision Farming -Market Competition by Manufacturers,Manufacturers Profiles/Analysis,Manufacturing Cost Analysis,Industrial Chain, Sourcing Strategy and Downstream Buyers,Market Effect Factors Analysis
Precision Farming -Market Competition by Manufacturers,Manufacturers Profiles/Analysis,Manufacturing Cost Analysis,Industrial Chain, Sourcing Strategy and Downstream Buyers,Market Effect Factors Analysis
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<strong>Global</strong> <strong>Prec<strong>is</strong>ion</strong> <strong>Farming</strong> <strong>Market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong><br />
<strong>an</strong> estim<strong>at</strong>ed <strong>CAGR</strong> <strong>of</strong> <strong>13%</strong> <strong>over</strong> <strong>the</strong> <strong>forecast</strong> <strong>2017</strong>-<strong>2022</strong><br />
<strong>Global</strong> <strong>Prec<strong>is</strong>ion</strong> <strong>Farming</strong> <strong>Market</strong> Contains <strong>Market</strong> Competition by<br />
M<strong>an</strong>ufacturers, M<strong>an</strong>ufacturers Pr<strong>of</strong>iles/Analys<strong>is</strong>, <strong>an</strong>d M<strong>an</strong>ufacturing<br />
Cost Analys<strong>is</strong>, Industrial Chain, Sourcing Str<strong>at</strong>egy <strong>an</strong>d Downstream<br />
Buyers, <strong>Market</strong> Effect Fac<strong>to</strong>rs Analys<strong>is</strong>.<br />
The global prec<strong>is</strong>ion farming market <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong> <strong>an</strong> estim<strong>at</strong>ed <strong>CAGR</strong> <strong>of</strong> <strong>over</strong> <strong>13%</strong> <strong>over</strong> <strong>the</strong><br />
<strong>forecast</strong> period. <strong>Prec<strong>is</strong>ion</strong> farming <strong>is</strong> a type <strong>of</strong> farming m<strong>an</strong>agement system grounded on <strong>the</strong> base <strong>of</strong><br />
observing, responding <strong>an</strong>d measuring <strong>to</strong> intra <strong>an</strong>d inter-field crops variability. It <strong>is</strong> <strong>the</strong> system for<br />
m<strong>an</strong>aging farms based on inform<strong>at</strong>ion technology. It <strong>is</strong> also called as s<strong>at</strong>ellite farming or site-specific<br />
crop m<strong>an</strong>agement.<br />
Browse Full Research Report <strong>of</strong> prec<strong>is</strong>ion farming market @<br />
https://www.millioninsights.com/industry-reports/prec<strong>is</strong>ion-farming-market<br />
As <strong>the</strong> d<strong>at</strong>a m<strong>an</strong>agement systems developed, <strong>the</strong> prec<strong>is</strong>ion farming system had a huge effect on <strong>the</strong><br />
old-style farming techniques. Evolution <strong>of</strong> <strong>the</strong> l<strong>at</strong>est technologies such as geo-loc<strong>at</strong>ion tracking along<br />
with development in d<strong>at</strong>a m<strong>an</strong>agement ass<strong>is</strong>ts <strong>the</strong> global prec<strong>is</strong>ion farming market in identifying
oper<strong>at</strong>ing competences <strong>an</strong>d enh<strong>an</strong>cing produce. Th<strong>is</strong> technique helps in cutting down <strong>the</strong> labor <strong>an</strong>d<br />
input cost <strong>an</strong>d also in reducing fuel usage. Farmers <strong>an</strong>d agricultur<strong>is</strong>ts worldwide are progressively<br />
implementing services <strong>an</strong>d s<strong>of</strong>tware for <strong>the</strong> global prec<strong>is</strong>ion farming market.<br />
These systems aid farmers <strong>to</strong> effectively maintain <strong>an</strong>d pl<strong>an</strong> d<strong>at</strong>abases th<strong>at</strong>, consecutively, enh<strong>an</strong>ce<br />
<strong>the</strong>ir productivity <strong>an</strong>d efficiency. Using <strong>the</strong> most recent technological systems, such as GPS/GNSS<br />
technology, sensing technology, <strong>an</strong>d d<strong>is</strong>play devices benefits in restructuring <strong>the</strong> working<br />
competencies <strong>of</strong> farmers <strong>an</strong>d agricultur<strong>is</strong>ts. The global prec<strong>is</strong>ion farming market owes its huge <strong>grow</strong>th<br />
<strong>to</strong> agricultural research associ<strong>at</strong>ions <strong>an</strong>d org<strong>an</strong>iz<strong>at</strong>ions. The effect <strong>of</strong> prec<strong>is</strong>ion farming system market<br />
<strong>is</strong> <strong>expected</strong> <strong>to</strong> be majorly on <strong>the</strong> s<strong>of</strong>tware designers, agricultur<strong>is</strong>ts, end-use industries, mech<strong>an</strong>ical &<br />
electronic component m<strong>an</strong>ufacturers, system integra<strong>to</strong>rs, <strong>an</strong>d d<strong>is</strong>tribu<strong>to</strong>rs. The g<strong>over</strong>nmental<br />
org<strong>an</strong>iz<strong>at</strong>ions <strong>of</strong> various countries have a strong curiosity in formul<strong>at</strong>ing <strong>the</strong> regul<strong>at</strong>ions <strong>an</strong>d st<strong>an</strong>dards<br />
for <strong>the</strong> global prec<strong>is</strong>ion farming market.<br />
The global prec<strong>is</strong>ion farming system helps <strong>the</strong> farmer <strong>to</strong> gain proper knowledge regarding pl<strong>an</strong>ting<br />
<strong>an</strong>d harvesting. It additionally recommends suitable amount <strong>of</strong> fertilizers <strong>an</strong>d pesticides required for<br />
enh<strong>an</strong>ced production <strong>of</strong> yield. On account <strong>of</strong> several innov<strong>at</strong>ion prec<strong>is</strong>ion farming practices, farmers<br />
gain adv<strong>an</strong>tage from all <strong>over</strong> <strong>the</strong> world. Major fac<strong>to</strong>rs driving <strong>the</strong> global prec<strong>is</strong>ion farming market<br />
include pr<strong>of</strong>itability <strong>an</strong>d better yield. Various o<strong>the</strong>r fac<strong>to</strong>rs contributing <strong>to</strong> <strong>the</strong> <strong>grow</strong>th <strong>of</strong> <strong>the</strong> prec<strong>is</strong>ion<br />
farming market include g<strong>over</strong>nmental ass<strong>is</strong>t<strong>an</strong>ce along with cost & energy savings. However, lack <strong>of</strong><br />
awareness, its effect, <strong>an</strong>d huge initial capital investment may neg<strong>at</strong>ively impact <strong>the</strong> <strong>over</strong>all <strong>grow</strong>th <strong>of</strong><br />
<strong>the</strong> market.<br />
Request Sample Copy <strong>of</strong> prec<strong>is</strong>ion farming market @<br />
https://www.millioninsights.com/industry-reports/prec<strong>is</strong>ion-farming-market/request-sample<br />
The market <strong>is</strong> segmented on <strong>the</strong> bas<strong>is</strong> <strong>of</strong> technology in<strong>to</strong> three kinds including guid<strong>an</strong>ce systems,<br />
variable r<strong>at</strong>e technologies, <strong>an</strong>d remote sensing. The market <strong>is</strong> fur<strong>the</strong>r segmented on <strong>the</strong> bas<strong>is</strong> <strong>of</strong> its<br />
component in<strong>to</strong> moni<strong>to</strong>ring & sensing devices, farm m<strong>an</strong>agement systems (FMS) <strong>an</strong>d control &<br />
au<strong>to</strong>m<strong>at</strong>ion systems. The dem<strong>an</strong>d in North America accounted for <strong>the</strong> largest market share <strong>of</strong> <strong>over</strong><br />
65% for <strong>the</strong> global prec<strong>is</strong>ion farming market. The U.S. <strong>is</strong> witnessed <strong>to</strong> be a m<strong>at</strong>ured market <strong>an</strong>d <strong>is</strong><br />
projected <strong>to</strong> experience several adv<strong>an</strong>cements <strong>over</strong> <strong>the</strong> next eight years. The prec<strong>is</strong>ion farming
system has previously succeeded well in <strong>the</strong> developed n<strong>at</strong>ions <strong>an</strong>d <strong>is</strong> also <strong>an</strong>ticip<strong>at</strong>ed <strong>to</strong> <strong>grow</strong> better<br />
in <strong>the</strong> developing n<strong>at</strong>ions on account <strong>of</strong> <strong>the</strong> const<strong>an</strong>tly increasing food dem<strong>an</strong>ds. The labor cost <strong>is</strong><br />
very high in North America which <strong>is</strong> estim<strong>at</strong>ed <strong>to</strong> fuel <strong>the</strong> <strong>grow</strong>th <strong>of</strong> <strong>the</strong> global prec<strong>is</strong>ion farming<br />
market. The various key agencies benefitting <strong>the</strong> revolution <strong>of</strong> <strong>the</strong> large-scale agriculture in prec<strong>is</strong>ion<br />
farming <strong>of</strong> th<strong>is</strong> region include NASA, N<strong>at</strong>ional Oce<strong>an</strong>ic <strong>an</strong>d Atmospheric Admin<strong>is</strong>tr<strong>at</strong>ion (NOAA) <strong>an</strong>d<br />
The United St<strong>at</strong>es Department <strong>of</strong> Agriculture (USDA).<br />
Asia Pacific <strong>an</strong>d Europe market are <strong>expected</strong> <strong>to</strong> witness <strong>the</strong> fastest <strong>grow</strong>th <strong>over</strong> <strong>the</strong> given <strong>forecast</strong><br />
period. The highest share <strong>of</strong> <strong>the</strong> market <strong>is</strong> held by India <strong>an</strong>d China in Asia Pacific. The <strong>grow</strong>th in <strong>the</strong>se<br />
regions <strong>is</strong> sustained by <strong>the</strong> adv<strong>an</strong>cements in several farming oper<strong>at</strong>ions. The scient<strong>is</strong>ts <strong>an</strong>d<br />
researchers in China from varied backgrounds including agro-engineering, geography, agronomy, <strong>an</strong>d<br />
inform<strong>at</strong>ion technology are working intensely <strong>to</strong>wards <strong>the</strong> research <strong>an</strong>d innov<strong>at</strong>ions in <strong>the</strong> global<br />
prec<strong>is</strong>ion farming field. The Chinese g<strong>over</strong>nment has dedic<strong>at</strong>ed huge efforts <strong>to</strong> stimul<strong>at</strong>e research in<br />
prec<strong>is</strong>ion farming <strong>an</strong>d has also sponsored various projects.<br />
The key market particip<strong>an</strong>ts are capitalizing heavily in <strong>the</strong>ir key str<strong>at</strong>egies which include mergers &<br />
acqu<strong>is</strong>itions <strong>an</strong>d developing new innov<strong>at</strong>ive techniques for <strong>the</strong>ir products. Major priv<strong>at</strong>e industry<br />
players include Ag Integr<strong>at</strong>ed, AgSense, Ally prec<strong>is</strong>ion Industries, Arvus, CropMetrics, Micro-Trak<br />
Systems, Tru Count, ZedX Inc., AgLeader, AgNav, AgSync, Amazone GmbH, Bestway Inc., Dickey-john<br />
Corp., <strong>an</strong>d TeeJet technologies. Major public industry players include AgJunction, Lindsay Corp.,<br />
Syngenta, Trimble Navig<strong>at</strong>ion, Yara Intern<strong>at</strong>ional, AGCO, John Deere & Comp<strong>an</strong>y, Mons<strong>an</strong><strong>to</strong>, Toro<br />
Comp<strong>an</strong>y, <strong>an</strong>d Valmont.<br />
See More Reports <strong>of</strong> th<strong>is</strong> C<strong>at</strong>egory by Million Insights @<br />
https://www.millioninsights.com/industry/technology<br />
<strong>Market</strong> Segment:<br />
Th<strong>is</strong> report studies <strong>Prec<strong>is</strong>ion</strong> <strong>Farming</strong> in <strong>Global</strong> market, especially in North America, Europe,<br />
China, Jap<strong>an</strong>, Sou<strong>the</strong>ast Asia <strong>an</strong>d India, focuses on <strong>to</strong>p m<strong>an</strong>ufacturers in global market, with<br />
capacity, production, price, revenue <strong>an</strong>d market share for each m<strong>an</strong>ufacturer, c<strong>over</strong>ing<br />
• Deere & Comp<strong>an</strong>y<br />
• Trimble
• Leica Geosystems<br />
• AJ Junction<br />
<strong>Market</strong> Segment by Regions, th<strong>is</strong> report splits <strong>Global</strong> in<strong>to</strong> several key Regions, with production,<br />
consumption, revenue, market share <strong>an</strong>d <strong>grow</strong>th r<strong>at</strong>e <strong>of</strong> <strong>Prec<strong>is</strong>ion</strong> <strong>Farming</strong> in <strong>the</strong>se regions, from<br />
2011 <strong>to</strong> 2021 (<strong>forecast</strong>), like<br />
• North America<br />
• Europe<br />
• China<br />
• Jap<strong>an</strong><br />
• Sou<strong>the</strong>ast Asia<br />
• India<br />
Split by product type, with production, revenue, price, market share <strong>an</strong>d <strong>grow</strong>th r<strong>at</strong>e <strong>of</strong> each type,<br />
c<strong>an</strong> be divided in<strong>to</strong><br />
• Guid<strong>an</strong>ce System<br />
• Remote Sensing<br />
• Variable R<strong>at</strong>e Technology<br />
Split by applic<strong>at</strong>ion, th<strong>is</strong> report focuses on consumption, market share <strong>an</strong>d <strong>grow</strong>th r<strong>at</strong>e <strong>of</strong><br />
<strong>Prec<strong>is</strong>ion</strong> <strong>Farming</strong> in each applic<strong>at</strong>ion, c<strong>an</strong> be divided in<strong>to</strong><br />
• Yield Moni<strong>to</strong>ring<br />
• Field Mapping<br />
• Crop Scouting<br />
• We<strong>at</strong>her Tracking <strong>an</strong>d Forecasting<br />
• O<strong>the</strong>r<br />
Browse Full Research Report <strong>of</strong> prec<strong>is</strong>ion farming market @<br />
https://www.millioninsights.com/industry-reports/prec<strong>is</strong>ion-farming-market
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