Precision Agriculture Market Segmentation, Industry Analysis By Production, Consumption, Revenue And Growth Rate By 2027

The global Precision Agriculture Market is expected to reach USD 16.06 Billion by 2027, according to a new report by Emergen Research. Precision Agriculture is swiftly gaining popularity among farmers due to the increasing need for optimum production with the given resources. Further, the changing weather patterns due to increasing global warming have necessitated the adoption of advanced technologies to enhance productivity and crop yield.

To receive a sample copy of this report, visit @ https://www.emergenresearch.com/request-sample/107

Key Market Competitors

The global Precision Agriculture industry is widely fragmented due to the presence of numerous competitors across several regional and local segments of the market. These players are said to dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies operating in this market are in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

AG Leader Technology, Deere & Company, Trimble, AGCO Corporation, Raven Industries, AgJunction, SST Development Group, Cropmetrics, Dickey-john Corporation, Topcon Positioning Systems, among others.

Key Highlights From The Report

  • Weather tracking applications in the precision agriculture market is projected to grow at a significant CAGR during the forecast period. As the agricultural sector is vulnerable to disruptive weather events, the demand for actionable & timely information increases. The real-time data regarding weather conditions help farmers to increase their yield and reduce costs while minimizing crop damage risks.
  • Yield monitoring is the most widely used application in precision agriculture as it plays a vital role in understanding field variability and helps farmers in maximizing their farm yields.
  • The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, growing at a CAGR of 12.8%. The presence of countries with the largest population, rising demands for food products, and the need to enhance farm output drive the demand for precision agriculture techniques in the region.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Precision Agriculture Market on the basis of component, technology, application, and region:

  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Hardware
      1. Automation & Control Systems
        • Displays
        • Guidance & Steering
        • GPS & GNSS
        • Drones, UAV & Cameras
        • Others
      2. Sensing and Monitoring Device
        • Yield Monitors
        • Soil Sensors
        • Water Sensors
        • Climate Sensors
  • Software
  • Services
    1. Consulting & training
    2. Maintenance & update
    3. Integration
    4. Managed Service
    5. Other Services
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Guidance Technology
    • Remote Sensing
    • Variable-Rate Technology
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Yield Monitoring
    • Field Mapping
    • Crop Scouting
    • Weather Tracking & Forecasting
    • Irrigation Management
    • Inventory Management
    • Farm Labor Management
    • Financial Management
    • Others

Regions Covered in This Report:

  1. North America(U.S., Mexico, and Canada)
  2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
  3. Europe(U.K., Germany, France, and Rest of Europe)
  4. Latin America(Brazil and Rest of Latin America)
  5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/107

Key Factors influencing market remuneration:

  • The global Precision Agriculture market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
  • The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
  • Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
  • The application landscape of the global Precision Agriculture market can be categorized into For Human, For Animals, and Others.
  • The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
  • Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.

Table of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Precision Agriculture Market Segmentation & Impact Analysis
4.1. Precision Agriculture Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demands for more food products to feed the ever increasing population
4.2.2.2. Optimized operations and cost cutting offered by Precision Agriculture/Agriculture
4.2.2.3. Urge to adopt modern agricultural techniques to boost production
4.2.3. Market restraints analysis
4.2.3.1. High investment in R&D
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

READ MORE…!

For further details on this report, click here @ https://www.emergenresearch.com/industry-report/precision-agriculture-market

Thank you for reading our report. Customization of the report is available according to the requirements of clients. Do get in touch with us to know more about the report. Our team will ensure the report is tailored according to your needs.

Have a Look at Related Reports:

Oncology Informatics [email protected] https://www.google.com.kg/url?q=https://www.emergenresearch.com/industry-report/oncology-informatics-market

Nerve Repair and Regeneration [email protected] https://www.google.la/url?q=https://www.emergenresearch.com/industry-report/nerve-repair-and-regeneration-market

Spinal Fusion Devices [email protected] https://www.google.lv/url?q=https://www.emergenresearch.com/industry-report/spinal-fusion-devices-market

Interventional Oncology Devices [email protected] https://www.google.com.lb/url?q=https://www.emergenresearch.com/industry-report/interventional-oncology-devices-market

Liquid Hydrogen [email protected] https://www.google.co.ls/url?q=https://www.emergenresearch.com/industry-report/liquid-hydrogen-market

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs