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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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
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