Crop Monitoring Devices Market Insights: Forecast, Key Players, and Smart Agri Trends By 2031 | Most Leading Companies - Deere & Company, AGCO Corporation, Raven Industries, Inc

Global Crop Monitoring Devices Market reached US$ 2.56 billion in 2022 and is expected to reach US$ 4.24 billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031.

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Crop Monitoring Devices are technological tools and systems used to observe, track, and analyze the health, growth, and environmental conditions of crops in real time. These devices include sensors, drones, satellite imaging tools, and smart cameras that help farmers collect accurate data on soil moisture, temperature, pest activity, crop diseases, and nutrient levels. By using crop monitoring devices, farmers can make informed decisions to optimize yields, reduce input costs, and promote sustainable farming practices.

List of the Key Players in the Crop Monitoring Devices Market:

Deere & Company, AGCO Corporation, Raven Industries, Inc., Taranis, Agrisource Data, Dicke-John Corporation, Pessl Instruments, Mouser Electronics, Inc., Topcon, and AgJunction LLC.

Industry Development:

On June 8, 2023, PepsiCo India, a major player in the FMCG sector, teamed up with Cropin, a leading agriculture cloud company, to launch a crop intelligence platform aimed at enhancing potato yield monitoring. This advanced solution includes mobile app-compatible dashboards, offering farmers user-friendly tools to track and manage their crops efficiently.

On October 5, 2023, Arya.ag, India's largest and only profitable grain commerce platform, partnered with Crystal Crop Protection Limited-an industry leader in crop protection, seeds, and farming solutions. Together, they unveiled a nationwide crop monitoring program using Arya.ag's cutting-edge satellite-based monitoring tool, "Prakshep."

Earlier, on February 17, 2023, agri-tech startup FarmSense introduced its innovative real-time pest detection device, FlightSensor. The initial deployment of around 1,000 units is targeted at select commercial pest advisors, farm managers, and growers across California.

Research Process:

Both primary and secondary data sources have been used in the global Crop Monitoring Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Crop Monitoring Devices Market:

By Product Type: Software & Hardware, Accessories, Displays, Receivers, Sensors, Others

By Application: Weather Forecasting, Crop Management, Labour Management, Financial Management, Others

Regional Analysis for Crop Monitoring Devices Market:

The regional analysis of the Crop Monitoring Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Crop Monitoring Devices market?

➠ Who are the leading manufacturers in the global Crop Monitoring Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Crop Monitoring Devices industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Crop Monitoring Devices market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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