Advanced Farming Market Top Companies to Watch Out: Trimble Navigation, AGCO Corp., John Deere & Company, Raven Industries, and AgJunction, The Climate Corp, Solum, Soil IQ, and Smart Gardener

Coherent Market Research Published a Half Cooked Research Report on Global Advanced Farming Market Research Report. Avail the in-depth table of content Table of Content and market synopsis on “Advanced Farming Market Research Report - Global Forecast up to 2026.”

The Global “Advanced Farming Market” research report demonstrates the fast developing conditions of the global market. The report reveals realistic data of the market. It covers current trends and predicts the revenue and potential developments of key players.

Advanced farming market caters to agriculture-based activities through utilization of connected and advanced information technologies for the analysis, monitoring, identifying and controlling the field operations to maximize the yield and ensure profitability. Moreover, optimum utilization of the available resources that include light, water, space, energy and costs associated with the maintenance form the primary factors that are expected to drive overall demand.

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Growing global population and the increasing requirement to suffice the basic needs that include food, and clothing will drive the demands

According to Population Reference Bureau, global population in 2016 was over 7.4 billion, which is expected to cross 8.5 billion by1 2030. In addition to this, the urbanization of the economically developed and developing regions is expected to witness significant growth over the forecast timeframe, necessitating increased demands for the agricultural produce. Moreover, limited land, water, and other resources for these activities is expected to instantiate demands for increased outputs in the available resources. This will in turn drive the growth of advanced farming market.

Proliferating incorporation of advanced sensors and precision software and hardware technologies will present strong consumer inclination for increased agricultural produce

Agricultural drones for monitoring field conditions by AgEagle; advanced analytics for agronomic analysis by Aglytix; multi-sensor Vector Probe by probe AquaSpy, Virtual Optimizer (VO) water management tool that monitors soil moisture and provides virtual agronomist services by CropMetric; and API connectivity between fleet of green and yellow earth movers by John Deere are few of the major advancements in the advanced farming market. Moreover, many other major developments to enhance agricultural produce are taking place on daily basis, is expected to garner significant growth opportunity over the forecast period.

U.S. is expected to dominate the overall advanced farming market adoption rates over the forecast period

High consumer motivation towards advanced technologies, extensive government initiatives to support the agriculture from the U.S. Department of Agriculture and high production demands will drive the regional growth over the forecast period.

Advanced Farming Market: Competitive Background

Chief industry participants in the advanced farming market include Trimble Navigation, AGCO Corp., John Deere & Company, Raven Industries, and AgJunction Inc. Industry is characterized by moderately fragmented market share with large number of regional players dominating the regional share.

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Advanced Farming Market Taxonomy

On the basis of technology:

- Variable-rate Technology (VRT)
- High precision positioning systems
- Automated steering systems
- Remote sensing
- Integrated electronic communication

On the basis of applications:

- Fleet management
- Livestock farming
- Forest farming
- Aqua farming
- Horticulture

On basis of region

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa

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