Press release
Remote Sensing Technology For Agriculture Market Demand 2023-2032: Size, Growth And Analysis | Yara International ASA, Koch Ag & Energy Solutions, Coromandel International Limited, Agriculture Solutions Inc., Hafia Groups
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Remote Sensing Technology For Agriculture Market Size, Growth Rate, And Forecast
The global remote sensing technology for agriculture market size is expected to grow from $1.67 billion in 2022 to $1.83 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global remote sensing technology for agriculture market size is expected to reach $2.51 billion in 2027 at a CAGR of 8.3%.
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Remote Sensing Technology For Agriculture Market Drivers
The rising implementation of the agricultural sector is expected to propel the growth of remote sensing technology for the agriculture market going forward. The agricultural sector refers to the cultivation of the soil for growing businesses that are primarily engaged in growing crops. Remote sensing technology for agriculture is used to increase farm output by improving soil properties, and crop species, and monitoring weeds and crop diseases.
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Remote Sensing Technology For Agriculture Market Segments
• By Component: Hardware, Software, Services.
• By Application: Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Inventory Management, Farm Labour Management, Other Applications.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Remote Sensing Technology For Agriculture market.
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Remote Sensing Technology For Agriculture Market Key Players
Major competitors in the remote sensing technology for agriculture market include Yara International ASA, Koch Ag & Energy Solutions, Coromandel International Limited, Agriculture Solutions Inc., Hafia Groups, Sapec Agro S.A, Kugler, ICL Group Ltd.
The Business Research Company's "Global Remote Sensing Technology For Agriculture Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Remote Sensing Technology For Agriculture Market Include:
1. Executive Summary
2. Remote Sensing Technology for Agriculture Market Characteristics
3. Remote Sensing Technology for Agriculture Market Trends And Strategies
4. Remote Sensing Technology for Agriculture Market - Macro Economic Scenario
5. Remote Sensing Technology for Agriculture Market Size And Growth
……
26. Africa Remote Sensing Technology for Agriculture Market
27. Remote Sensing Technology for Agriculture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Remote Sensing Technology for Agriculture Market
29. Remote Sensing Technology for Agriculture Market Future Outlook and Potential Analysis
30. Appendix
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