Press release
The Crop Monitoring Market size is estimated to grow up to USD 4.15 Bn in 2030, as per Stellar Market Research.
Crop Monitoring Market
Crop Monitoring Market Dynamics
The growth of the agriculture market is driven by the increasing use of IoT and AI technologies. However, the underutilization of crop monitoring technology due to a lack of knowledge is a barrier. Growing concerns about farm productivity and profitability present a significant market opportunity. Additionally, small and dispersed landholdings pose a major commercial challenge.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Crop-Monitoring-Market/459
Crop Monitoring Market Regional Insights
In 2023, the Crop Monitoring Market was dominated by the Asia Pacific region, with a 42% share. Agri-tech giants like Trimble, John Deere, and others are responsible for the industry's enormous market dominance in crop monitoring. But because agriculture technology is being widely adopted in nations like China, India, Australia, and Japan, the APAC region is predicted to grow quickly over the course of the projection period. Furthermore, the crop monitoring market may expand as a result of significant government initiatives in the APAC region to digitize and enhance the agriculture sector. Nonetheless, throughout the course of the projection period, the North American area is anticipated to increase at a CAGR of 7.6%. In the region, adoption of technologies tailored to agriculture is happening quite quickly. Approximately 52% of farms in the United States have adopted precision agriculture, according to Cambridge University. In 2017, the United States Department of Agriculture estimated that 2,029,200 farms in the country used 950 million acres of land. The introduction of precision agricultural technologies is a growing government priority due to the nation's reliance on agriculture.
Crop Monitoring Market Scope:
Market Size in 2023 USD 2.71 Bn.
Market Size in 2030 USD 4.15 Bn.
CAGR 6.3% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Crop-Monitoring-Market/459
Crop Monitoring Market Segments
By Application
Field Mapping
Crop Scouting
Soil Monitoring
Yield Monitoring
Weather monitoring and forecasting
By Component
Hardware
Software
Services
Crop Monitoring Market Players
Trimble (US)
Topcon Corporation (Japan)
Yara International (Norway)
The Climate Corporation (US)
CropX Technologies (Israel)
Cropio (US)
Earth Observing System (US)
PrecisionHawk (US)
AgLeader (US)
Taranis (Israel)
Agjunction Inc. (US)
Mouser Electronics, Inc (USA)
Pessl Instrument Gmbh (Austria)
John Deere (Moline, IL)
Libelium Comunicaciones Distribuidas S.L. (Spain)
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Crop-Monitoring-Market/459
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Contact Stellar Market Research:
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About Stellar Market Research:
Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.
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