openPR Logo
Press release

Global Market Study on Imaging Technology for Precision Agriculture: Cameras Product Segment Estimated to Account for Maximum Market Revenue Share by 2024

09-12-2017 07:04 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Global Market Study on Imaging Technology for Precision

The introduction of unmanned aerial vehicles (UAV), coupled with added benefits such as low costs as compared with traditional precision farming methods, easy to use devices, and enhanced accuracy of data has resulted in increasing usage of imaging systems for precision farming. A vast number of applications for imaging systems in precision farming such as crop health monitoring, irrigation equipment monitoring, weed and pest identification, variable rate fertility, animal monitoring and environmental impact assessment are expected to fuel demand over the forecast period and boost the growth of the global imaging technology market for precision agriculture.

Additional benefits offered by imaging technology over other precision agricultural technologies and increasing usage of UAVs for commercial applications are some of the factors that are likely to further drive the demand for the global imaging technology market for precision agriculture.

High costs that are incurred on the precision agriculture systems is the main restraining factor for the global imaging technology market for precision agriculture. Besides, there is a lot of expertise and technical knowhow required for the production and maintenance of precision agriculture systems. Majority of countries across the globe have unclear or no regulations for commercial application of UAVs and require special clearances from regulatory authorities, which is time consuming.

Request Sample: https://www.persistencemarketresearch.com/samples/12016

Segment analysis

The global imaging technology market for precision agriculture is segmented into two main segments – namely by technology and by product. The technology segmented is further sub-segmented into multispectral technology and hyperspectral technology. The product segment is further sub-segmented into cameras, sensors, software, and others.

Revenue generated by the global imaging technology market for precision agriculture is estimated to reach US$ 567.4 Mn by 2016, witnessing an increase of 6.2% over 2015. In the technology segment, hyperspectral technology is estimated to increase at the highest growth rate during the forecast period, followed by multispectral technology. Decreasing cost of hyperspectral technology and the information available through this technology being much more detailed than multispectral technology are some of the factors expected to drive demand for this technology. The multispectral technology segment is estimated to hold the largest share among the imaging technologies available for precision agriculture, accounting for US$ 434.1 Mn by 2016, up from US$ 408.4 Mn in 2015.

Among all the products, the cameras segment is estimated to account for maximum market revenue share by 2024, owing to detailed information available with the help of these cameras. Moreover, the demand for sensors is estimated to witness highest growth rate by 2024, followed by cameras and software.

Report Link: https://www.persistencemarketresearch.com/market-research/imaging-technology-for-precision-agriculture-market.asp

Key market players

Bayspec, Tetracam, Micasense, Ximea, Teledyne Dalsa, and Resonon are some of the leading players operating in the global imaging technology market for precision agriculture. Top market players are focusing on launching imaging technology products specifically suited for precision agricultural applications to consolidate their position in the global imaging technology market for precision agriculture.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Market Study on Imaging Technology for Precision Agriculture: Cameras Product Segment Estimated to Account for Maximum Market Revenue Share by 2024 here

News-ID: 709659 • Views:

More Releases from Persistence Market Research

Sportswear Fabric Market to Reach US$40.5 Bn by 2032, Growing at 5.0% CAGR
Sportswear Fabric Market to Reach US$40.5 Bn by 2032, Growing at 5.0% CAGR
The global sportswear fabric market is undergoing a significant transformation as consumer expectations shift toward performance, comfort, sustainability, and style. As active lifestyles and fitness-oriented habits become the global norm rather than a niche trend, the fabrics used to manufacture sportswear garments are gaining immense attention among brands, manufacturers, and material innovators. ➤ Download Your Free Sample & Explore Key Insights: https://www.persistencemarketresearch.com/samples/30859 According to recent industry projections, the sportswear fabric market size
Image Guided Dentals Surgery Market Set to Transform Modern Implant Dentistry
Image Guided Dentals Surgery Market Set to Transform Modern Implant Dentistry
Image-guided dental surgery (IGDS) represents one of the most transformative advancements in modern dentistry. As dental practices worldwide shift toward precision-driven, minimally invasive techniques, IGDS has emerged as a critical tool for improving patient outcomes, enhancing surgical accuracy, and elevating the quality of dental care. By integrating advanced imaging systems, 3D visualization, virtual planning tools, and computer-navigation technologies, IGDS systems allow clinicians to perform complex procedures with a higher degree
Textile Sizing Chemicals Market: Growing Demand for High-Performance and Sustainable Weaving Solutions
Textile Sizing Chemicals Market: Growing Demand for High-Performance and Sustain …
Introduction Textile sizing chemicals play a crucial role in the textile manufacturing chain, particularly during the weaving process. Sizing is the step where yarns-especially warp yarns-are coated with a protective adhesive film to improve strength, reduce friction, minimize hairiness, and lower breakage during weaving. This process enhances weaving efficiency and yields higher-quality fabrics with improved texture, durability, and uniformity. Without sizing chemicals, modern high-speed looms would not be able to achieve
2-Ethylhexanoic Acid Market Trends Transforming the Industrial Chemicals Landscape
2-Ethylhexanoic Acid Market Trends Transforming the Industrial Chemicals Landsca …
Introduction 2-Ethylhexanoic Acid (2-EHA) is a widely used organic carboxylic acid known for its clear-to-yellowish appearance, mild odor, and excellent solubility in organic solvents. With strong chemical stability, high boiling point, and the ability to react with metals and alcohols to form esters or metal salts, 2-EHA serves as a versatile intermediate in several industrial applications. The global market for 2-EHA is deeply influenced by trends in downstream industries such as

All 5 Releases


More Releases for UAV

Uav Autopilot Market
According to Market Research Intellect, the global Uav Autopilot market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The UAV autopilot market is experiencing robust growth, driven by increasing demand for autonomous drones across commercial, defense, and
Tactile UAV Market
How Big Is the Tactile UAV Market? The global tactical UAV market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028. What is Tactile UAV? Tactile unmanned aerial vehicles (UAVs) represent heavier protective devices that are used to detect tanks and armored personnel carriers and mitigate risks. Short, close, long, medium-range, endurance,
UAV Propulsion System Market Survey Report 2023 Along with Statistics, Forecasts …
The report is designed to provide a holistic view of the UAV Propulsion System Market market 2023 to 2030. Several vital aspects are discussed in this UAV Propulsion System Market report in terms of growing business and resulting market revenues. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Business players can easily make a gainful decision by understanding the data provided in
Modular Type Electric Helicopter UAV and Hexacopter UAV | PRENEU
PRENEU Co., Ltd. is a leading drone manufacturer in Korea that provides innovative drone systems and services through the convergence of H/W manufacturing technology and S/W development technology for drones and aviation with key IT technology. PRENEW's Modular Type Electric Helicopter UAV/RUEPEL PRENEW's UAV Helicopter with the name of RUEPEL provides special mission services such as search and rescue using UAV functions in areas with harsh environmental conditions, such
Counter-UAV (C-UAV) Systems Market 2021 | Detailed Report
The Counter-UAV (C-UAV) Systems research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Counter-UAV
New Visiongain Report: Counter-UAV (C-UAV) Market Report 2019-2029
• Do you need definitive counter UAV market data? • Succinct counter UAV market analysis? • Technological insight? • Clear competitor analysis? • Actionable business recommendations? Read on to discover how this definitive report can transform your own research and save you time. Purchase full report or download free sample pages: https://www.visiongain.com/report/counter-uav-c-uav-market-report-2019-2029/ The recent developments in counter UAV systems by type, platform and technology has led Visiongain to publish this timely report. The $ 1.3 billion counter