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Crop Monitoring Market COVID -19 Impact | Industry Booming Worldwide With Key Players Trimble Inc, Topcon Corporation, Yara International, The Climate Corporation, CropX Technologies, Cropio

Crop Monitoring Market COVID -19 Impact | Industry Booming

Global Crop Monitoring Market is valued approximately at USD 2.0 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 15.21% over the forecast period 2020-2027. Crop monitoring technology allows real time crop vegetation monitoring by the use of spectral analysis of high-resolution images for different fields and crops. The monitoring eases tracking of positive and negative dynamics of crop development. With the development in technology the demand for crop monitoring surges providing the finest use of geospatial technologies and site specific crop management practices. The union of IT with agriculture coupled with government initiatives and decline in sensor prices drives the market growth. According to the Farm Profits and Adoption of Precision Agriculture study in 2017, yield mapping is used on about 40% of US corn and soybean acres, GPS soil maps on about 30%, guidance on over 50%, and VRT on 28-34% of acres. Further, the Penetration of AI and IoT in the agriculture fuels the market growth as these technologies use smart sensors providing a connected environment along with remote monitoring capabilities resulting in higher adoption of devices. As per Statista, the global Agriculture IoT penetration in precision farming accounted to 38.93% and is projected to reach 39.49% by 2023. However, Lower penetration of advanced agriculture technologies impedes the growth of the market over the forecast period of 2020-2027. Although, boost of digitization plan in agriculture sector presents a lucrative opportunity for the market.

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Prominent Players Profiled in the Report are
Trimble Inc
Topcon Corporation
Yara International
The Climate Corporation
CropX Technologies
Cropio
Earth Observing System
PrecisionHawk
AG Leader Technology Inc
Taranis

By Offering:
Hardware
Software
Services
By Technology:
Sensing & Imagery
Variable Rate Technology (VRT)
Automation and Robotics

By Application:
Field Mapping
Soil Monitoring
Crop Scouting

The research study concisely dissects the Crop Monitoring Market and unearths valuable estimations pertaining to the profit projections, market size, sales capacity, and numerous other crucial parameters. Also, the Crop Monitoring Market report appraises the industry fragments as well as the driving factors impacting the remuneration scale of this industry.

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Crop Monitoring Market Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

Overview of the chapters analysing the global Crop Monitoring Market in detail:

Chapter 1 details the information relating to Crop Monitoring introduction, Scope of the product, market overview, Market risks, driving forces of the market, etc

Chapter 2 analyses the top manufacturers of the Crop Monitoring Market by sales, revenue etc for the Forecast period 2020 to 2025

Chapter 3 analyze on the competition landscape amongst the top manufacturers based on sales, revenue, market share etc for the period 2020 to 2025.

Chapter 4 defines the global Crop Monitoring market by regions and their market share, sales, revenue etc for the period 2020 to 2025.

Chapters 5 to 9 analyse the Crop Monitoring regions with Crop Monitoring countries based on market share, revenue, sales etc.

Chapter 10 and 11 contain the knowledge concerning market basis types and application, sales market share, growth rate etc for forecast period 2020 to 2025.

Chapter 12 focuses on the market forecast for 2020 to 2025 for the Crop Monitoring Market by regions, type and application, sales and revenue.

Chapter 13 to 15 contain the transient details associate to sales channels, suppliers, traders, dealers, research findings and conclusion etc for the Crop Monitoring Market.

Note - In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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