Precision Agriculture Market Overall Study Report 2020-2027 | IBM Corporation, Hitachi, Ltd., Trimble Inc., Decisive Farming Corp., SlantRange, Inc., and The Climate Corporation

Stratagem Market Insights has announced the addition of the "Precision Agriculture Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Precision Agriculture Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Precision agriculture is the use of new technologies to enhance crop yield and profitability. The approach is less dependent on conventional methods of farming. Increasing use of IoT in agriculture is expected to boost growth of the global precision agriculture market over the forecast period. For instance, AgriTalk Tech Inc.'s 'AgriTalk Management Platform' is capable of regulating factors such as diseases, pests, soil fertility, moisture/humidity, temperature, and light exposure. Moreover, increasing adoption of AI in agriculture is also expected to propel growth of the market. For instance, in September 2018, IBM Corporation introduced pre-trained AI algorithms for its IBM Watson engine for a variety of industries and professions, which include agriculture, customer service, human resources, supply chain, manufacturing, automotive, marketing, and advertising.

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Increasing population and the resulting demand for food supply is expected to increase adoption of precision agriculture, thereby aiding growth of the market. For instance, according to projections by Population Reference Bureau (PRB) included in the 2018 World Population Data Sheet, the world population is expected to reach 9.9 billion by 2050, up 2.3 billion or 29% from an estimated 7.6 billion people in 2018. Moreover, according to World Economic Forum, by 2050, the demand for food is expected to increase by 60% compared to 2016. Moreover, increasing focus of government and private organizations to promote sustainable agriculture is also expected to contribute to growth of the global precision agriculture market. For instance, the United Nations has set ending hunger, achieving food security and improved nutrition, and promoting sustainable agriculture as the second of its 17 Sustainable Development Goals (SDGs) for the year 2030.

Increasing demand for organic food is expected to boost growth of the global precision agriculture market. For instance, according to the 2019 Organic Industry Survey released by the Organic Trade Association in May 2019, the U.S. organic market in 2018 reached US$ 52.5 billion, up 6.3% from 2017.

The Key Manufacturers covered in this Report:-

o Ag Leader
o AGCO Corporation
o AgJunction
o Deere
o Trimble
o CNH Industrial
o Derr Equipment
o DICKEY-John
o Monsanto
o MTS Systems
o Raven Industries

Market Segmentation:

Product Type Segmentation:

o Precision Automatic Control System
o Sensing And Monitoring Equipment
o Agricultural Management System

Industry Segmentation:

o Grain Planting
o Fruit Planting
o Vegetable Planting

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Precision Agriculture Market: Regional Analysis:

o North America: USA, Canada, and Mexico, etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

Global Precision Agriculture Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Precision Agriculture Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Precision Agriculture Market, By Type
8 Global Precision Agriculture Market, by Application
9 Global Precision Agriculture Market, By Deployment
10 Global Precision Agriculture Market, By End User
11 Global Precision Agriculture Market, By Distribution Channel
12 Global Precision Agriculture Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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