Precision Farming Market Global Production, Demand and Business Outlook 2020 to 2025

The Global Precision Farming Market Comprehensive Analysis, Outlook Along with Key segments and Forecasts, 2021-2025, offers an in-depth evaluation of each crucial aspect of the Global Precision Farming industry that relates to market size, share, revenue, demand, and development in the market. The report analyzes the Precision Farming market over the values, historical pricing structure, and trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Precision Farming Market. The report explores the current outlook in global and key regions (North America, Europe, Asia-Pacific, and Latin America) from the perspective of players, countries (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.), product types, and end industries. This report provides the COVID-19 (Corona Virus) impact analysis (historic and present) in major regions and countries, also provides a futuristic analysis considering COVID-19.

The Precision Farming Market was valued at USD 4.51 billion in 2019, and is expected to reach USD 9.15 billion by 2025, at a CAGR of 12.50% over the forecast period 2020 - 2025.

Global Major Players in Precision Farming Market are:
AGCO Corporation, Ag Junction Inc, John Deere, DICKEY-john Corporation, TeeJet Technologies, Raven Industries Inc., Lindsay Corporation, Monsanto Company, Valmont Industries Inc., Yara International ASA, Topcon Precision Agriculture, Trimble Navigation Limited, E.I. Du Pont De Nemours And Company (Dupont), Land O'lakes Inc., BASF SE, and Other.

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Key Trends:
Soil Sensors: the key to precision agricultural production.
- Soil sensors are used to measure a variety of essential soil properties and relay it to a display device, through a reliable means of communication. Soil sensors are generally used in conjunction with the variable rate applications or GPS to generate field maps, categorized according to the properties of the soil.
- Soil sensors are very crucial to monitor the feasibility of the growth of the crops during the harvesting period. The soil sensors segment, hence, occupy a market share of 25.99% of the sensors and monitoring systems in the hardware components of the entire precision farming market.
- Sensors are used to generate real-time information after analyzing the data, and cause the corresponding changes in the application rate. Conventional models of utilizing a map-based approach are considered to be more effective, as they allow room for problem analysing, and subsequently adjusting the variable rate application in the following steps.
- The type of sensors being integrated for soil monitoring purposes include the electromagnetic, optical, mechanical, acoustic, and electrochemical, as far as industrial research has reached.

Precision Agriculture in the United States has Made Great Advancements.
- As per estimates of the US Department of Agriculture, nearly 2.06 million farms in the United States used 911 million-acre land with a production value of USD 355.9 billion in 2016. It is estimated that only 20% of the total acreage in the United States and 58% of the producers implement precision agricultural technologies. AgLeader, Agri-vision, Blue River Technologies, Crop Venture Incorporated, Farm Works, and Holland Scientific are some of the precision agriculture companies based in the United States.
- The Federal Aviation Administration (FAA) has laid out its restrictions toward the flying of drones; but as per their new rules passed in 2016, drones for commercial purposes, weighing up to 55 lb can be used in the United States during daylight hours. This is seen as a big boost for the use of drone technology in agriculture and the use of a drone in the forecast period will grow rapidly due to these rules by the FAA.

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Strategic Points Covered in Table of Content of Precision Farming Market:
- Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Precision Farming market (2021-2025).
- Chapter 2: Exclusive Summary – the basic information of the Global Precision Farming Market.
- Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Precision Farming; Post COVID Analysis.
- Chapter 4: Presenting the Global Precision Farming Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
- Chapter 5: Displaying the by Type, End User and Region/Country 2016-2020.
- Chapter 6: Evaluating the leading manufacturers of the Global Precision Farming Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
- Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2025).

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