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Precision Agriculture Market : Will Grow at a CAGR of 13.40% ,size, share, Industry Trends, Key players, Development Environment, Company Revenue Share and Forecast to 2028

Precision Agriculture Market : Will Grow at a CAGR of 13.40%

An all-inclusive Precision Agriculture market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Precision Agriculture report.

Global Precision Agriculture market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Moreover, in the market report, the key product categories are also included. The report includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. The comprehensive Precision Agriculture market report also demonstrates supportive data related to the dominant players in the market such as product offerings, revenue, segmentation, and business synopsis.

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Precision agriculture market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 13.40% in the above-mentioned forecast period. Increasing need to adopt specific farming solutions to manage the raw materials has been directly impacting the growth of precision agriculture market.

Direct agriculture is a form of technological change in the agricultural sector. Direct agricultural market approaches are designed to improve crop yields and reduce labor shortages to meet global food demand. Precision Agriculture is gaining popularity among farmers due to the growing demand for good production with the resources provided. Advanced technology and techniques enable farmers to make better use of such resources as fertilizers, seeds, water, and pesticides. Climate change as a result of globalization has led to more accurate agricultural production and productivity.

Precision Agriculture Market Scope and Market Size

Precision agriculture market is segmented on the basis of technology, application and offering. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

Based on technology, the precision agriculture market is segmented into guidance technology, remote sensing technology and variable-rate technology. Guidance technology is further segmented into GPS/GNSS-based guidance technology and GIS-based guidance technology. Remote sensing technology is further segmented into handheld or ground-based sensing and satellite or aerial sensing. Variable-rate technology is further segmented into map-based VRT and sensor-based VRT.
Precision agriculture market has also been segmented based on application, into crop scouting, field mapping, yield monitoring, weather tracking & forecasting irrigation management, inventory management, farm labour management and variable rate application. Variable rate application is further segmented into precision irrigation, precision seeding, precision fertilization and pesticide VRA.
Based on offering, the precision agriculture market is segmented into hardware, software and services. Hardware is further segmented into automation and control systems and sensing and monitoring devices. Automation and control systems is further sub segmented into displays, guidance and steering systems, GPS/GNSS devices, drones/UAVs, irrigation controllers, handheld mobile devices/handheld computers and flow and application control devices. Sensing and monitoring devices is further sub segmented into yield monitors, soil sensors, water sensors and climate sensors. Software is further segmented into local/web based and cloud based. Services are further segmented into system integration and consulting services, managed services, connectivity services, assisted professional services, maintenance and support services.

Explore Detailed Analysis Report@ https://www.databridgemarketresearch.com/reports/global-precision-agriculture-market

Precision Agriculture Market Share Analysis

Precision agriculture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to precision agriculture market.

The major players covered in the precision agriculture market report are AgJunction, Raven Industries, Inc., Deere & Company, AGCO Corporation, Trimble Inc, Prospera Technologies Ltd., Descartes Labs Inc., Topcon Positioning Systems Inc., AgEagle Aerial Systems Inc., Ag Leader Technology Inc., 365FarmNet GmbH, Abundant Robotics Inc., AeroVironment, Inc., BASF SE, CLAAS Group, CNH Industrial N.V., Granular Inc., Harvest Automation Inc., Hexagon Agriculture, Kubota Corporation, Naio Technologies, Parrot SA, PrecisionHawk Inc., Teejet Technologies, The Toro Company, Valmont Industries, Inc., YANMAR HOLDINGS CO., LTD. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Precision Agriculture Market Country Level Analysis

Precision agriculture market is analysed and market size insights and trends are provided by country, technology, application and offering as referenced above.

The countries covered in the precision agriculture 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, Israel, Egypt, South Africa, 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 precision agriculture market due to mechanization and heavy dependence on technology for agriculture business. Increase in awareness about the quality of crops and the introduction of new initiatives to bring innovations is the main growing factor for the market in this region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to increased government initiatives which are being undertaken in developing countries such as India, Sri Lanka, and Nigeria to encourage the implementation of modern precision farming technologies.

The country section of the precision agriculture market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Key questions answered in the report:

What will the market development pace of Precision Agriculture market?
What are the key factors driving the Global Precision Agriculture market?
Who are the key manufacturers in market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Precision Agriculture market?
Who are the distributors, traders, and dealers of Precision Agriculture market?
What are the Precision Agriculture market opportunities and threats faced by the vendors in the Global Precision Agriculture industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?

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About Data Bridge Market Research (DBMR):

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.

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