Precision Agriculture Global Market Analysis,Research Report,Industry Future Outlook : Ken Research

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• Technological Evolution To Invigorate The
  Precision Agriculture Global Market Ken
  Research

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• The industry research report titled, Precision
  Agriculture Market Analysis By Component
  (Hardware, Software, Services), By Technology
  (Geomapping, Remote Sensing, VRT, Integrated
  Electronic Communication, GNSS GPS), By
  Application, By Region Segment Forecasts,
  2017-2025 offers a comprehensive analysis of the
  global precision agriculture market based on
  technology, component, and geography.
• Precision agriculture has rapidly gained
  popularity among farmers across the globe because
  of the increasing need for optimum production
  with the given resources. Additionally, the
  timely changing weather patterns mainly via
  increasing global warming has further
  necessitated the adoption of enhanced
  technologies such that an efficient productivity
  and crop yield is attained.
• GIS, telematics, VRT, GPS, and remote sensing are
  some of the key technologies which are covered in
  the technology segment. Further, the global
  precision farming market is segmented into two
  key components hardware and software wherein
  hardware includes sensors, drones, ASS, radar,
  GPS, and others (display, satellite, and
  mobiles) and the software includes GIS, crop
  management software, weather tracking and
  forecasting software, inventory management
  software, people management software, and
  financial management software.

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• The prominent players of this global market
  namely include- Deere Company, Trimble, Inc.,
  Raven Industries, Agjunction, Inc., AGCO
  Corporation, AG Leader Technology, Precision
  Planting, Inc., SST Development Group, Inc.,
  Teejet Technologies, Topcon Positioning Systems,
  Inc., Dickey-John Corporation and Cropmetrics
  LLC and collaborations, partnerships and mergers
  acquisitions are few common strategies which
  are followed by these players in order to
  contribute optimally towards the success of this
  industry.
• The market is well investigated mainly across
  four different geographies North America,
  Europe, Asia-Pacific, and LAMEA. It has been
  discovered that the global precision agriculture
  market, also known as precision farming, was
  valued somewhere around USD 3.08 million in 2015
  and is further expected to significantly develop
  in the years to proceed owing to the fast paced
  ongoing technological advancements coupled with
  the growing need for efficient production in
  order to ultimately improve the supplies in
  relation to the rising demands for food
  consumption across the globe.

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• It has been observed that there is an increasing
  awareness and interest for Internet of Things
  (IoT) devices and other associated technologies
  like Big Data in order to maintain sustainability
  of farm production in this industry. IoT based
  farming approaches have managed to reduce the
  connected risks ultimately ameliorating the
  productivity for global cultivators. Furthermore,
  due to increasing population and changing
  climatic conditions the farmers have lately
  faced various challenges for increasing the crop
  yield. Therefore, IoT sensors like field sensors
  are being given this much importance. Hence, the
  increasing adoption of advanced technologies for
  lessening production costs and increasing food
  efficiency is envisioned to persist bolstering
  the market growth.
• Also, the emerging implementation of farming
  devices involving UAVs, sensors, mobile devices
  and cameras are expected to even contribute in
  the growth of hardware segment and with declining
  prices of these sensors the demands for wireless
  and smart sensors have multiplied over the years
  and in the long run also, is anticipated to
  foster the industry growth. Basically, this
  remote sensing technology is projected to
  mushroom the application of remote sensing images
  on agricultural vehicles for measuring factors
  like radiation, light and heat condition in the
  field.

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• Geographically, North America precision
  agriculture market has been noticed to acquire
  the major share of this industry due to the
  increasing adoption of the advanced agricultural
  solutions and equipments like sensors, steering
  and guidance systems, farm management software
  and display devices. In future, even the Asia
  Pacific region is anticipated to grow
  significantly owing to ever-growing adoption of
  smart phones, aggrandized use of cloud
  technology, booming population, technological
  advancement, and high initial investments in the
  industry.
• Besides the sensors, there are many other
  innovative technologies such as real-time farm
  monitoring, weather forecasting, optimal field
  requirements and similar others which will come
  up eventually and are thereby envisioned to make
  this industry garner a valuation of somewhere
  around USD 7.8 billion by 2022, registering a
  decent CAGR of more than 14 at the same time.

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• To know more about the research report
• https//www.kenresearch.com/agriculture-and-animal
  -care/farming/precision-agriculture-market-analysi
  s-by-component/144747-104.html
• Related Reports
• https//www.kenresearch.com/agriculture-and-animal
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• Contact Us-
• Ken Research
• Ankur Gupta, Head Marketing Communications
• sales_at_kenresearch.com
• 0124-4230204

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