Crop Monitoring Market to Witness Huge Growth by Key Players: Topcon Corporation, Trimble, The Climate Corporation and Others.

According to Market Study Report, Crop Monitoring Market provides a comprehensive analysis of the Crop Monitoring Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Crop Monitoring Market is estimated to be worth USD 2.2 Billion in 2020 and is projected to reach USD 4.4 Billion by 2025, at a CAGR of 15.2%.

Top Companies Profiled in the Crop Monitoring Market:
• Topcon Corporation (Japan)
• Trimble (US)
• The Climate Corporation (US)
• Yara International (Norway)
• CropX Technologies (Israel)
• Cropio (Switzerland)
• Earth Observing System (US)
• PrecisionHawk (US)
• Ag Leader (US) and Taranis (Israel)

The crop monitoring market is at a nascent stage and is expected to see a robust growth during the forecast period. The rising use of IoT and AI based devices as well as the penetration of internet among the farmers has resulted in the development of the remote sensing and monitoring technology.

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The penetration of the automation and robotics is increasing and is expected to grow at the highest CAGR during the forecast period. The very reason for the high demand for the automation and robotics in the crop monitoring market is the various challenges faced by the farmers such as labor crisis and associated costs.

The crop monitoring market for software is expected to flourish at the highest growth rate due to the penetration of internet in the major parts of the world, the development of smartphones and its wide reach, and the need to optimize farm processes with the use of advanced technologies such as artificial intelligence, machine learning, and big data analytics.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 40 %, Tier 2 – 35%, and Tier 3 –25%
• By Designation: C-Level Executives – 57%,Directors – 29%, and Others – 14%
• By Region: Americas– 40%, Europe – 30%, APAC– 20%, and RoW – 10%

Competitive Landscape of Crop Monitoring Market:
1 Introduction
2 Crop Monitoring Market Share Analysis
3 Competitive Leadership Mapping, 2019
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Recent Developments
4.1 Product Launches & Developments
4.2 Agreements, Partnerships, And Collaborations
4.3 Mergers And Acquisitions

Research Coverage:
The report segments the crop monitoring market and forecasts its size, by volume and value, based on region (Americas, Europe,Asia Pacific, and RoW), offering (hardware, software and services), technology (sensing and imagery, VRT, automation and robotics) farm size (small, medium and large), application (field mapping, soil monitoring, crop scouting and monitoring, yield mapping and monitoring, variable rate application, weather tracking and forecasting and others).

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This release was published on openPR.