Precision Agriculture Market 2020 Size, Share, Growth, Application, Trends, Technology & Industry Outlook 2025| Deere & Company, Kubota Corporation, AGCO Corporation, CLAAS, and CNH Industrial, ICL Ltd., Syngenta, DuPont, Monsanto and BASF, Raven Industri

While smallholders should contend in global precision agriculture market just the same as other farmers, appropriate technologies, applications, software package systems and platforms to practice data-driven agriculture and precision agriculture affordably in small farms are rising.

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The current precision agriculture trend and reducing costs of recent agriculture technologies - particularly geospatial and ICTs - can modify small farmers to practice precision agriculture and is extremely positive, but on one condition that other support structures and systems also support them in this shift.

The capacities of smallholders to generate and process data and effectively use information are weak. The abilities of current extension systems to step in and take on these data-driven challenges and opportunities are also weak. The shortage of capacities during this space in extension systems and alternative support mechanisms such as farmer organizations is very important as a result of they need key roles to facilitate data management at mass level. Very few countries and a few farmer organizations have formalized processes to manage all activities connected to farm data. As a result, more information generated on farms is lost or never captured.

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Data-driven agriculture is believed to be a serious challenge for smallholder farmers because of the quantum of data they will need to method. Given the mix of crops and products on a typical farm, multiplying the information and data required for every crop or product, per season, reveals the magnitude of data management needed.

The global precision agriculture industry ecosystem consists established agricultural OEMs, agri-input suppliers, technology vendors, and software & services providers. Agricultural machinery vendors growing interest in IoT has set a major trend in the market, the leading vendors include Deere & Company, Kubota Corporation, AGCO Corporation, CLAAS, and CNH Industrial. Moreover, prominent players of the market are ICL Ltd., Syngenta, DuPont, Monsanto and BASF are emphasizing on incorporation of farm management systems and data analytics in their product offerings. The key precision agriculture technology vendors include Raven Industries, Trimble Inc., Topcon Positioning Systems, Ag Leader Technology, Hexagon Agriculture, and DICKEY John Corporation, among others.

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Key segments of 'Global Precision Agriculture Market'

Based on application, the market has been segmented into,

Yield Monitoring

Crop Scouting

Field Mapping

Irrigation Management

Weather Tracking & Forecasting

Inventory Management

Farm Labor Management

Financial Management

Others

Based on technology, the market has been segmented into,

Guidance System

Remote Sensing

Variable-Rate Technology

Based on region, the market has been segmented into,

North America

Americas

Europe

APAC

RoW

What to expect from the upcoming report on 'Global Precision Agriculture Market':

- Future prospects and current trends of the global precision agriculture market by the end of forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing economies

- Supportive initiatives by government likely to influence the market dynamics

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

- In-depth analysis of different market segmentations including regional segmentations, and product types

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market

Who should buy this report?

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

Some Points from Table of Content:

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. Global Precision Agriculture Market Overview, By Application

Chapter 5. Global Precision Agriculture Market Overview, By Type

Chapter 6. Global Precision Agriculture Market Overview, By Region

Chapter 7. Top 15 Players' Company Profiles

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