Crop Monitoring Technology in Precision Farming Market Growth, Enhancements and Global Developments 2020
Crop Monitoring Technology in Precision Farming Market Precise Outlook and Future Scope 2026:
Crop Monitoring Technology in Precision Farming Industry 2019 global market research report analyzes the market status, share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The global crop monitoring technology in the precision farming market is expected to register a CAGR of 12.6%, during the forecast period 2019-2024.
Global Crop Monitoring Technology in Precision Farming market competition by price, revenue (value) and market share for each manufacturer; the TOP PLAYERS including- AGCO Corporation, AG Junction Inc., John Deere, Dickey-john Corporation, Teejet Technologies Illinois LLC, Raven Industries Inc., Lindsay Corporation, Monsanto Company, Valmont Industries Inc., Yara International ASA.
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Key Market Trends:
GPS and GNSS Adoption to Drive the Market Growth
– Miniaturization and improved accuracy of the global navigation satellite system (GNSS) technology (of which, GPS is mostly in use, at present) makes it possible for wide-scale adoption of precision farming technologies for geo-positioning and field mapping.
– The United States is the leading country, in terms of the GNNS/GPS technology used in agriculture. Nearly 70% of the advanced technologies in the United States farms are using some level of GPS/GNSS.
– GPS-based applications in precision farming include major areas such as yield mapping and monitoring, and farm planning along with field mapping, soil sampling, tractor guidance, crop scouting, variable rate applications.
– Therefore, with increased adoption of GPS and GNSS coupled with the benefits offered, the demand for crop monitoring is set to increase over the forecast period
United States to Account for the Largest Share:
– As per the estimates of the US Department of Agriculture, nearly 2,029,200 farms in the US used 950 million acre land, in 2017. With a huge dependency on the agriculture sector, the government in the country is increasingly focussing on implementing precision farming technologies.
Regional Analysis For Crop Monitoring Technology in Precision Farming Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Additionally, the report enables a market player not only to plan but also execute lucrative Crop Monitoring Technology in Precision Farming business strategies based on growing market needs by emphasizing leading competitor’s strategic moves which include recent mergers, ventures, acquisitions, business expansion, product launches, branding, and promotional activities.
Furthermore, the report encompasses the key strategic developments of the market comprising new product launch, research & development, partnerships, acquisitions & mergers, collaborations & joint ventures agreements, and regional growth of main players in the market on the global and regional basis.
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This report provides:
-Comprehensive assessment of all opportunities and risk in the Crop Monitoring Technology in Precision Farming market.
– Crop Monitoring Technology in Precision Farming market recent innovations and major events.
-Detailed study of business strategies for growth of the Crop Monitoring Technology in Precision Farming market-leading players.
-Conclusive study about the growth plot of Crop Monitoring Technology in Precision Farming market for forthcoming years.
-In-depth understanding of Crop Monitoring Technology in Precision Farming market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Crop Monitoring Technology in Precision Farming market.
TABLE OF CONTENT:
Industry Overview of Crop Monitoring Technology in Precision Farming Market:
- Crop Monitoring Technology in Precision Farming Market Competition Analysis by Players
- Company (Top Players) Profiles
- Crop Monitoring Technology in Precision Farming MarketSize by Type and Application (2013-2019)
- Market Forecast byRegions, Type and Application (2020-2026)
- Crop Monitoring Technology in Precision Farming Market Dynamics
- Market Effect FactorsAnalysis