Press release
Precision Agriculture Market by Players (AGCO, Ag Leader Technology..), by Technology (Precision Automatic Control System, Sensing & Monitoring Equipment..), by Applications and Geography -To Grow at a CAGR of 13.71% During the Forecast Period 2018-2022
Precision Agriculture Market
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Precision agriculture, or precision farming is a real-time data collection and decision-making process, using various hardware and software. It allows farmers to make improved decisions and helps increase agricultural yields.
Analysts forecast the Global Precision Agriculture Market to grow at a CAGR of 13.71% during the period 2018-2022.
One trend affecting this market is the technological advances in precision agriculture. Technologies such as telematics, robotics, and and nanotechnology are ground-breaking technologies in the global agricultural sector, and enable better decision making among farmers.
According to the report, one driver influencing this market is the rise in investments in agricultural technologies. In 2017, the investments in the global agricultural technology sector were valued at over USD 1.5 billion, which will contribute to the growth in R&D among vendors.
Further, the report states that one challenge affecting this market is the requirement for high initial investment. Vendors in the global precision agriculture market have been constantly developing and upgrading their products to provide the optimal solutions to farmers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
This report studies the Precision Agriculture Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Precision Agriculture market analysis segmented by companies, region, type and applications in the report.
Key vendors
• AGCO
• Ag Leader Technology
• Deere and Company
• Raven Industries
• Trimble
Market Segment by Type, covers
• Precision Automatic Control System
• Sensing And Monitoring Equipment
• Agricultural Management System
Market Segment by Applications, can be divided into
• Grain Planting
• Fruit Planting
• Vegetable Planting
Market driver
• Rise in investments in agricultural technologies
• For a full, detailed list, view our report
Market challenge
• Requirement for high initial investment
• For a full, detailed list, view our report
Market trend
• Technological advances in precision agriculture
• For a full, detailed list, view our report...
Browse full table of contents and data tables @ https://www.marketresearchnest.com/Global-Precision-Agriculture-Market-2018-2022.html
Precision Agriculture market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Precision Agriculture market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
If you have any special requirements, please let us know and we also offer customized reports.
Key questions answered in this report
• What are the key Precision Agriculture market trends?
• What is driving this Precision Agriculture market?
• What are the challenges to Precision Agriculture market growth?
• Who are the key vendors in this Precision Agriculture market space?
The Precision Agriculture market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These Precision Agriculture market data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.
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