Precision Farming Market Size Worth US$ 12445.1 Mn by 2026

Precision Farming Market size was valued at US$ 5223.5 Mn in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 13.5% for the forecast period ending 2026 reaching a Market value of US$ 12445.1 Mn. The growth of the precision farming market is primarily driven by the increase in demand for agriculture drones, government initiatives and favorable schemes to adopt modern agricultural techniques, and growing awareness of precision farming

The Precision Farming market research report helps decision-makers to improve their business plans and ensure long-term success. The extensive research study provides in-depth information on Global Innovations, New Business Techniques, New product development, M&A, Recent Trends, Covid19 Impact analysis & Revenue Opportunities, DROC, PEST Analysis, Capital Investment, Technology Innovation and Future Trends Outlook.

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In the Precision Farming Market research report, following points market opportunities, market risk and market overview are enclosed along with the in-depth study of each point. Production of the Precision Farming is analyzed with respect to various regions, types and applications. The sales, revenue, and price analysis by types and applications of market key players is also covered.

Precision Farming Market Segment considering Production, Revenue (Value), Price Trend by Product Type:
• By Component (Guidance Technology, Remote Sensing, Variable-rate Technology, Others)

• By Technology (Hardware, Software, Service)

Market Segment by Consumption Growth Rate and Market Share by Application:
• Yield Monitoring
• Field Mapping
• Crop Scouting
• Weather Tracking & Forecasting
• Irrigation Management
• Inventory Management
• Farm Labor Management
• Financial Management
• Others

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Along with Precision Farming Market research analysis, buyer also gets valuable information about global Production and its market share, Revenue, Price and Gross Margin, Supply, Consumption, Export, Import volume and values for following Regions:
• North America (US and Canada)
• Europe (UK, Germany, France, and Rest of Europe)
• Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC and Rest of Middle East & Africa)

Precision Farming Market Covers following Major Key Players:
• Deere & Company (US)
• Trimble (US)
• AGCO Corporation (US)
• AgJunction (US)
• Raven Industries (US)
• AG Leader (US)
• Precision Planting (US)
• The Climate Corporation (US)
• CropMetrics (US)
• and Agribotix (US) among others

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Questions Answered in Precision Farming Market Report:
• What will be the Precision Farming Market generate by the end of the forecast period?
• What are the major trends expected developing Precision Farming Market?
• What are the new major NPD, M&A, acquisitions in the Precision Farming Market?
• Which are the opportunities in the Precision Farming Market after the COVID-19 pandemic?
• Which segment of the Precision Farming Market is likely to have the highest market share by 2026?
• What are the important factors and their effects on the Precision Farming Market?
• Which regions currently contributing the maximum market share to overall market?
• What are the major considerations expected to drive the Precision Farming Market?
• What are the essential strategies by key stakeholders in the Precision Farming Market to expand their geographic presence?
• This report answers all questions and more about the industry, helping major stakeholders and key players in making the right business decisions and strategizing to achieve targeted goals.

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