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Field Mapping Precision Farming Market Analysis, Segmentation, Size, Share, Trend, Future Demand and Is Expected to Grasp USD 2069.78 million by 2029

01-24-2023 03:31 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Field Mapping Precision Farming Market

Field Mapping Precision Farming Market

Field Mapping Precision Farming market at the territorial level, which has been additionally bifurcated at the country level to provide a nitty-gritty view to the organizations. An uncommon center has been given to the vital participants in the organization profile area. This part incorporates monetary incomes, geological presence, and business outline, items offered, and key techniques embraced by the players to remain ahead in the opposition. Essential exploration was led with industry specialists, including VPs, advisors, item supervisors, and store network chiefs.

DOWNLOAD SAMPLE REPORT: https://www.databridgemarketresearch.com/reports/global-field-mapping-precision-farming-market

Field mapping precision farming is being widely adopted globally as it enhances the yield per unit of farming land to acquire best in terms of quantity, quality, and financial returns. The technology assists in better decision making, reduces waste and maximizes efficiency in operations.

Global Field Mapping Precision Farming Market was valued at USD 9.15 billion in 2021 and is expected to reach USD 24.33 billion by 2029, registering a CAGR of 13.00% during the forecast period of 2022-2029. "Hardware" accounts for the largest application segment in the respective market owing to the increase in adoption of drones in agricultural activities for enhancing product activity. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Precision agriculture refers to a modern approach for farm and agriculture management that makes the use of information technology. The technology ensures crops and soil receive exactly what they need for productivity and optimum health.

Recent Developments

Deere & Company launched an information management product, JDLINK in July'2021. The product is known to offer connectivity services at no additional cost and assist customers in connecting to their machines.

Trimble introduced the Trimble R12i GNSS receiver in September'2021. The technology incorporates inertial measurement unit-based tilt compensation and offers 30% high performance.

Some of the major players operating in the field mapping precision farming market are

AG Leader Technology Inc. (US)
AGCO Corporation (US)
AgJunction Inc. (Canada)
AgEagle Aerial Systems, Inc. (US)
Valmont Industries Inc. (US)
Agsmart Pty Ltd (Australia)
BouMatic (US)
CROPMETRICS (US)
CropX Inc. (Israel)
Deere & Company (US)
Farmers Edge Inc. (Canada)
GEA Group Aktiengesellschaft (Germany)
Monsanto Company (US)
Taranis (US)
Precision Planting LLC (US)
Raven Industries Inc. (US)
Topcon (Japan)
Tetra Laval International S.A. (Switzerland)
Trimble Inc. (US)

Global Field Mapping Precision Farming Market Scope and Market Size

The field mapping precision farming market is segmented on the basis of component and technology. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

Hardware
Automation Control Systems
Displays
Guidance and Steering Systems
Drones/UAVS
Irrigation Controllers
Handheld Mobile Devices/Handheld Computers
Flow and Application Control Devices
Software
Local/Web-Based
Cloud-Based
Service
System Integration and Consulting Services
Managed Services, Connectivity Services
Assisted Professional Services
Maintenance and Support Services

Technology

Guidance Technology
GPS/GNSS-based
GIS-based
Remote Sensing Technology
Handheld or Ground-Based Sensing
Satellite or Aerial Sensing
Variable-Rate Technology
Map-Based
Sensor-Based

Field Mapping Precision Farming Market Regional Analysis/Insights

The field mapping precision farming market is analysed and market size insights and trends are provided by country, component and technology as referenced above.

The countries covered in the field mapping precision farming market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the field mapping precision farming market because of the gradual deployment of smart agriculture services within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of variable rate technology and smart irrigation controllers, and AI-based farm analytics services in the region.

 Some of the distinguished players in the market include

AG Leader Technology Inc. (US), AGCO Corporation (US), AgJunction Inc. (Canada), AgEagle Aerial Systems, Inc. (US), Valmont Industries Inc. (US), Agsmart Pty Ltd (Australia), BouMatic (US), CROPMETRICS (US), CropX Inc. (Israel), Deere & Company (US), Farmers Edge Inc. (Canada), GEA Group Aktiengesellschaft (Germany), Monsanto Company (US), Taranis (US), Precision Planting LLC (US), Raven Industries Inc. (US), Topcon (Japan), Tetra Laval International S.A. (Switzerland), and Trimble Inc. (US), among others

Geographically, the market has been segmented into

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

ACCESS FULL REPORT: https://www.databridgemarketresearch.com/reports/global-field-mapping-precision-farming-market  

Key Points of the Report

The analysis of growth trends of Global Field Mapping Precision Farming market is based upon the CAGR calculated from 2022-2029.
To analyse the functioning of the market in each region, the market share and growth rate of each geographical region are evaluated.
It includes all of the necessary details on the market's major producers, customers, and distributors.
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About Data Bridge Market Research, Private Ltd

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries includes

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