Precision Agriculture Market Analysis and Growth during the Forecast Period 2014-2022 | Key Players include are Deere & Company, Trimble Navigation Limited, AGCO Corporation, and Monsanto Company

Overview of Precision Agriculture Market

Precision Agriculture Market Report forecasts that the global market is expected to garner $7.8 billion by 2022, registering a CAGR of 14.9% during the period 2016-2022. Precision agriculture is a farming technique associated with application of different technologies and solutions to enable efficient farming and improve crop yield. It presents significant potential in enhancing food productivity while at the same time providing sustainable management of resources.

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Precision agriculture technologies include GPS, GIS, telematics, Variable rate technology (VRT), and remote sensing. Among the mentioned technologies, GPS is the largest revenue contributor, owing to its ability to help farmers and agriculture service providers to automatically record the field data and apply variable rate of inputs to smaller areas within larger fields. From a growth perspective, geographic information system (GIS) technology is anticipated to exhibit the highest CAGR of 15.7%, driven by higher adoption mainly in North America and Europe.

The Major players reported in the market include:

Deere & Company

CropMetrics LLC

Trimble Navigation Limited

CropX

AgSmarts Inc

AgSense LLC

AGCO Corporation

Dickey-John Corporation

Monsanto Company

Ag Leader Technology

KEY BENEFITS

The study provides an in-depth analysis of the Precision Agriculture market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2014-2022 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

BY TECHNOLOGY

Geographic information system (GIS)

Telematics

Variable rate technology (VRT)

Global positioning system (GPS)

Remote Sensing

BY COMPONENT

Hardware

Sensors

Drones

Automated Steering System

Radar

Global positioning system (GPS)

Others

Software

Geographic information system (GIS)

Crop Management Software

Weather Tracking and Forecasting Software

Inventory Management Software

People Management Software

Financial Management Software

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD PRECISION AGRICULTURE MARKET, BY END USER

CHAPTER 5 WORLD PRECISION AGRICULTURE MARKET, BY APPLICATION

CHAPTER 6 WORLD PRECISION AGRICULTURE MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Friday September 13 2019, 5:45 PM EST. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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