Precision Farming Market Recent Opportunities and Demand During 2023-2030 | Deere & Company, Trimble

Quadintel published the latest research report on the Global Precision Farming Market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Global Precision Farming Market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.

The Global Market Size of Precision Farming will reach 7320.0 million $ in 2027 with a CAGR of % from 2022-2027.

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Market Overview

In the past few years, the Precision Farming market experienced a huge change under the influence of COVID-19, the global market size of Precision Farming reached 4415.8 million $ in 2021 from $$ in 2016 with a CAGR of $$ from 2016-2021 is. As of now, the global COVID-19 Coronavirus Cases have exceeded 500 million, and the global epidemic has been basically under control, therefore, the World Bank has estimated the global economic growth in 2021 and 2022. The World Bank predicts that the global economic output is expected to expand 4 percent in 2021 while 3.8 percent in 2022. According to our research on Precision Farming market and global economic environment, we forecast that the global market size of Precision Farming will reach 7320.0 million $ in 2027 with a CAGR of % from 2022-2027.

Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover and partially adapted to pandemic restrictions. The research and development of vaccines has made breakthrough progress, and many governments have also issued various policies to stimulate economic recovery, particularly in the United States, is likely to provide a strong boost to economic activity but prospects for sustainable growth vary widely between countries and sectors. Although the global economy is recovering from the great depression caused by COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has exacerbated the risks associated with the decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade.

The world has entered the COVID-19 epidemic recovery period. In this complex economic environment, we published the Global Precision Farming Market Status, Trends and COVID-19 Impact Report 2022, which provides a comprehensive analysis of the global Precision Farming market , This Report covers the manufacturer data, including: sales volume, price, revenue, gross margin, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows the regional development status, including market size, volume and value, as well as price data. Besides, the report also covers segment data, including: type wise, industry wise, channel wise etc. all the data period is from 2016-2021, this report also provide forecast data from 2022-2027.

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Manufacturer Detail
Deere & Company
Trimble
Agco
Agjunction
Raven Industries
AG Leader Technology
SST Development Group
Teejet Technologies
Topcon Positioning Systems
Dickey-John Corporation
Cropmetrics
Hexagon Agriculture
Granular
Prospera Technologies
Agribotix
Autocopter Corp

Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)

Product Type Segmentation
Guidance System
Remote Sensing
Variable-Rate Technology

Application Segmentation
Yield Monitoring
Crop Scouting
Field Mapping
Irrigation Management
Weather Tracking & Forecasting/Inventory Management/Farm Labor Management/Financial Management

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Report Include:

Market Behavior/ Level of Risk and Opportunity
End Industry Behavior/ Opportunity Assessment
Expected Industry Recovery Timeline

Table of content

Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types

Why to purchase this report

The report would provide an in-depth analysis on the current and future market trends
Analysis on global, regional and country level markets
Key strategic initiatives taken by major players operating in the market along with ranking analysis for the key players
Analysis based on historical information along with the current trends to estimate the future of the market
Analysis of the impact of constantly changing global market scenarios

What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter's Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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