Precision Farming Market And Key Players are AGCO Corporation, AgJunction, Deere and Company
The Precision Farming Market has experienced high growth in the recent years. It has expanded due to government investments, increased consumption of the population, need for healthier crops, cost-effective farming practices and integration of I.T. related systems. The market is expected to accelerate rapidly during 2016 and 2022.
Download Sample of This Strategic Report:https://www.kennethresearch.com/sample-request-10064031
Here we will analyse the market dynamics such as drivers, trends and industry-specific challenges for the precision farming market.
Major factors which are driving the adoption of precision farming are urbanization, climate, the demand for new technological advancement and a price reduction of crops. Due to GIS and GNSS ecosystems, cheaper sensors and mobile revolution, there has been an increase in adoption of navigation systems and application in the domain of agriculture. Other major driving factors are the wide reach of mobile connectivity and smart phones, competitive supplier's prices, raw materials and population growth.
One of the emerging trends is using unmanned aerial vehicles - Drones. Mobile Technology enables better exchange of information with various investors. Robotics in the field of agriculture can be implemented in tasks like planting greenhouse crops and trimming vineyards. Precision Mobile Drip Irrigation can help maintaining the soil moisture during water scarcity. Internet of Things helps to connect systems like field sensors and management application which interact and transmit data over long distances.
Some of the constraints are lack of standardization across global markets of agriculture and no proper management of data for industrious decision. Thus, operational uniformity is the need of the hour. Furthermore, the technology is comparatively expensive, making it quite affordable to farmers in emerging countries. It has been widely adopted in the developed countries but in India it is still in its infancy stage. This is due to poor infrastructure, farmers' resistance towards technology, and the socioeconomic and demographic conditions.
The market is segmented by Components:
Hardware and Software: Hardware relates to all the navigation and monitoring systems in place which includes soil, water and climate sensors, drones, Variable Rate Technology (VRT), radar, GPS, driverless tractors and other mobile satellite. The software includes the application of GIS, crop management software, weather tracking and forecasting, inventory management software etc.
The hardware segment has dominated the market in terms of revenue and was valued at USD 2,209.3 million in 2016.To guide farmers, predictive soft wares are used to assist in crop rotation, soil management, ideal planting and harvesting times. These include the implementation of web-based and cloud-based apps that control precision farming.
The market is segmented by Application of technology
Yield monitoring aids farmers with real-time information and tracksthe quality of produce. Crop scouting analyses the crop performance, pest infestations and effectiveness of pest control devices. Real-time dataof rainfall aids farmers to avoid post-harvest losses. Sensors in irrigation help to determine the right amount of irrigation water. VRT is a form of planter and sprayer technology, which distributes the requiredpesticides and seeds across the field equally.
Request For Full Report:https://www.kennethresearch.com/sample-request-10064031
Precision Farming has a great demand in the Asia Pacific countries where farming is one of their main occupancyand to enhance their yields. Countries such as India, China, Japan, Indonesia and Bangladesh represent a huge market for precision agriculture.There is a lot of scope in the European countries as it is just waiting to be tapped. The largest market for precision farming is North America, where US has shown steady growth in adoption of precision farming.
The major players in the market include:
AGCO Corporation, AgJunction, Deere and Company, Trimble Navigation, CropX, AgSmarts Inc, AgSense LLC, Ag Leader Technology
Phone: +1 313 462 0609
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Precision Farming Market And Key Players are AGCO Corporation, AgJunction, Deere and Company here
News-ID: 1911498 • Views: 279
More Releases from Kenneth Research
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
DNS Service Market : Industry Development Scenario and Forecast to 2025
Global DNS Service Market to reach USD 600 million by 2025.Global DNS Service Market valued approximately USD 230 million in 2016 is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2018-2025. The DNS Service Market is continuously growing across the world over the coming years. The major driving factor of global DNS Service market are increasing awareness to safeguard the websites from
Xenon Lights Market Growth, Size, Share, Demand, Trends and Manufacturers Analys …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Xenon Lights Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
More Releases for Precision
Precision Medicine Market
Precision medicine is an approach of treatment that has been derived on the basis of individual variability in environment, genes and lifestyle of each person. This novel approach assists medical practitioners and researchers to understand various treatment needs in order to prevent specific diseases. It allows for highly precise targeting of medication for treatment of various diseases, which is expected to lead to high adoption by medical practitioners and researchers.
High Precision Linear Positioners
A large variety of high precision linear positioners, XY stages and vertical linear stages is offered by PI miCos. These highly accurate systems are available with many different drive options from stepper motors to rotary servo motors and electromagnetic linear motors. Miniature stages with piezo motors are also offered. Applications for these linear motion systems include semiconductor test equipment, photonics alignment, lab-automation, bio-nanotechnology, beam line instrumentation, aerospace technology,
High Precision in Six Axes
The H-811 miniature Hexapod from PI (Physik Instrumente) has very compact dimensions with a diameter of only 130 mm and a height of 115 mm. In addition to the vacuum version, it is now also available in an air version. The H-811 offers travel ranges of up to 35 mm in the XY level and up to 13 mm in the Z direction. It is especially the large tilting angles
Ceramic Drivers for Higher Precision
Piezo stepping drives replace the usual stepper or DC motors in the linear actuators of the N-381 series from Physik Instrumente (PI). As a direct linear drive the stepping drive is free of precision losses due to the exchange from rotational to linear motion. The N-381 can be operated at a velocity of 10 mm/s, provides resolutions of 20 nanometers, the position is measured using an integrated linear encoder. The
Precision without Position Sensor
Phase shifters are used in laser measurement to align optical path lengths. These move optics in the range of a wavelength, which corresponds to an adjustment range of less than one micrometer. It is crucial for the alignment to take place quickly and in a stable manner. For the new S-303.BL phase shifter, PI (Physik Instrumente) replaces classic piezo ceramic PZT actuators (made of lead titanate - lead zirconate) with pico
Perfectly Aligned Precision
With the new N-664 linear positioning stage, PI (Physik Instrumente) has succeeded in developing a further groundbreaking piezo positioning system of the reference class. A NEXACT® piezo linear drive replaces the usual stepper or DC servo motor in the N-664, thus making a position resolution of far less than a nanometer possible. Aligned to it is the new PIOne optical linear encoder with a resolution of 0.5 nm, which allows for