The precision farming market is projected to reach USD 9.53 billion by 2023, at a CAGR of 13.38%. Major factors driving the expansion of the exactness farming market embody pressure on world food offer thanks to growing world population, substantial cut created attainable by precision farming, and government initiatives to adopt fashionable agricultural techniques. Precision farming needs giant initial investment, economical farming tools, and skillful labor.
This report focuses on Precision Farming/Agriculture Device volume and value at global level, regional level and company level. From a global perspective, this report represents overall Precision Farming/Agriculture Device market size by analyzing historical data and future prospect.
More Information @ https://bit.ly/2uavlW3 The high precision positioning systems led the precision farming market in 2016 due to the primary application of GPS and GNSS systems in precision farming solutions. These technologies serve as a basis for the functioning of precision farm systems and devices to determine and process location-based data.
The advent of advanced technologies such as guidance systems, variable rate technology, IoT, AI, and remote sensing has transformed the agriculture industry into a technologically intense and data-rich industry. Smart agriculture technologies assist in increasing profitability, improving sustainability, protecting the environment, and minimizing the consumption of resources such as water, fertilizers, and energy. IoT is implemented in various applications, including precision farming, livestock monitoring, precision aquaculture, smart greenhouse.
The precision farming market is projected to grow at a CAGR 12.70% during the forecast period 2021-2026. Increasing farm mechanization in developing countries, increasing labor cost owing to shortage of skilled labor, increasing strain on the global food supply owing to increasing population, substantial cost savings associated with precision farming techniques, and government initiatives to adopt modern agricultural techniques are the major factors driving the market.
Precision agriculture has rapidly gained popularity among farmers across the globe because of the increasing need for optimum production with the given resources.
Goldstein Research analyst forecast the Precision Agriculture Market size is set to reach USD 11.23 billion by 2024, at a CAGR of 13.1% over the forecast years.
Precision farming is a technology-based field management system. It is aimed to optimize the overall farming practices and input of resources. The rising population creates a huge demand for food. Influence of global warming on agricultural practices and sustainability of natural resources is high.
The precision farming market is expected to grow at a rapid pace. For the past few years the amount of electronic equipment and automation in farming has gradually increased and is helping the growers to increase their profitability and yield. Due to the emergence of Information Technology (IT) in agriculture the precision farming market is gaining momentum.
Data management and geo-location tracking are the two most popular technological advancements used by precision farming. Slowly replacing traditional methods, precision farming has remarkable impact on the overall output rates.
Smart faming is defined as application of one or more than one technology in the farming process to gain more efficiency and effectiveness. It is the advanced and innovative way of doing farming to get the maximum output and to reduce the human efforts. Advance technology includes usage of hardware, service and software to the process of farming. The technology includes irrigation management, scouting of crops, harvesting, seeding and many more.
The biostimulants market is estimated at USD 4.3 billion in 2024 and is projected to reach USD 7.6 billion by 2029, at a CAGR of 12.0% from 2024 to 2029
Precision Farming Software Market by Delivery Model (Local/web-based, Cloud-Based, SaaS, PaaS), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting), Service Provider, and Geography - Global Forecast to 2022
Global farm management software market size is expected to reach $4.92 billion in 2028 at a rate of 12.3%, segmented as by component, solution, services
The global augmented reality in agriculture market is expected to project a CAGR of 31.12% during the forecast period 2023-2032. Get more insights into the blog
The biostimulants market is estimated at USD 3.9 billion in 2023 and is projected to reach USD 6.8 billion by 2028, at a CAGR of 11.8% from 2023 to 2028
Precision Farming Tools Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Precision Farming Tools industry with a focus on the Chinese market.
Our aim is to help farmers to increase their profit with smart financing solutions like drip irrigation loan, agricultural loans and agriculture equipment finance. Contact us to know more.
The global controlled release fertilizers market was valued at $2.2 billion in 2023 and is projected to reach $2.9 billion by 2028, growing at a cagr 5.9% from 2023 to 2028.
The global oilseed farming market was valued at $508.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $303.8 billion or 59.7% of the global market.
Bharat Book presents the report on “Global Precision Agriculture Market” (https://www.bharatbook.com/agriculture-market-research-reports-506337/global-precision-agriculture-strategic-assessment.html). It provides an in-depth analysis of the market size of the major regions and key countries and also analyzes leading five vendors and ten other prominent vendors in the precision agriculture market.
Precision Farming Market research report is liable to deliver a robust overview of the worldwide industry developments. Its main vision is to offer clients and interested individuals a realistic evaluation of the company and meanwhile, support them in generating highly strategic plans.
The Global Farm Management Software Market size is expected to reach $1.9 billion by 2023, rising at a market growth of 14% CAGR during the forecast period. Full report – https://kbvresearch.com/farm-management-software-market/
The report titled “OILSEED FARMING GLOBAL MARKET REPORT 2018 INCLUDING: SOYBEAN FARMING; OTHER OILSEED FARMING COVERING: BURRUS SEED FARM, GANSU DUNHUANG SEED CO LTD, HEFEI FENGLE SEED CO LTD, LAND O'LAKES INC, DIESTER INDUSTRIE”, provides a comprehensive analysis of global oilseed farming market, oilseed production, demand, sustainability, leading players, leading countries in global oilseed farming, precision farming, market for global oilseed farming, biotechnology in oilseeds and future of global oilseed farming market.
A recent report published by Precision Business Insights on Precision Farming Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
DecisionDatabases.com adds a report on Global Vertical Farming Market Growth 2019-2024. This research study is segmented on the bases of applications, technology and geography. Report Link - https://www.decisiondatabases.com/ip/43389-vertical-farming-market-analysis-report
Precision Farming Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast. The research study Global Precision Farming Industry 2014-2021 Market Research Report is the latest addition to the repository of DecisionDatabases.com.The report covers the complete industry outlook and market prospective.(view more : http://goo.gl/5D3hRf)
A new study on the global Precision Farming market has been published by AllTheResearch (ATR). It offers detailed information on key market dynamics, including drivers, trends, and challenges for the global Precision Farming market as well as its structure. The study offers valuable information on the global Precision Farming market to illustrate how the market is expected to expand during the forecast period i.e. 2020–2026.
The Global “Crop Monitoring Technology in Precision Farming Market" report covers all essential data related to the present market situations over the Global Crop Monitoring Technology in Precision Farming Market. It emphasizes on an idea of the recent market growth along with detail about most dominating players in the Global market. The market report discusses the industries and market, calculated features that are helpful for the development of the Global Crop Monitoring Technology in Precision Farming Market including the market size and evaluation of the Global Market.
DecisionDatabases.com adds a report on Global Agriculture Pumps Industry 2016 Market Research Report. This research study is segmented on the bases of applications, technology and geography. Visit Us - http://www.decisiondatabases.com/ip/5674-agriculture-pumps-industry-market-report
Smart farming market will reach at an estimated value of USD 25.02 million and grow at a CAGR of 12.76% in the forecast period of 2021 to 2028. Rising pressure on food supply system owing to rapidly growing population is an essential factor driving the smart farming market.
Complete report available @ http://goo.gl/4Z0eG3 . The competitive landscape section of the report primarily focuses on key industry players in the precision farming industry , their latest development, and respective share in the precision farming market. In addition to that, the report also entails emerging market trends, advancement in technological space, market segmentation, key growth areas and market size, region wise demand factors, and key competitors.
This Report provided by 24 Market Reports is about, Global Smart Farming Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Smart Farming industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis.
Precision agriculture involves the smart usage of technology to enable better decision making and optimized use of resources on farming. See Full Report: https://goo.gl/VTje1K