Title: Precision Farming Market Share, Growth, Trends & Forecast Report 2018-2026
1Precision Farming Market
Forecast 2018-2026
2(No Transcript)
3- The Global Precision Farming Market is being
driven by the need to maximize the food
production and the growing focus on sustainable
agriculture. Also, increased awareness and
acceptance of this technique and optimization of
the inputs are other key factors that are
contributing to the market expansion. - By the end of the forecast period of 2018-2026,
the market is likely to progress with a CAGR of
13.81.
4- Type, technology and applications are the basis
upon which the Global Precision Farming Market is
segmented. The type segment includes hardware and
software types. - The Precision Farming Market by technology can be
divided into guidance systems, variable rate
technology and remote sensing, and control
systems. - Precision farming finds its applications in soil
monitoring, yield monitoring, software
applications, variable rate applications and
field mapping.
5(No Transcript)
6The Global Precision farming market is estimated
to grow with approx.13.81 CAGR during the year
2018 2026
7Precision farming involves data collection,
wherein the results are analyzed to find definite
patterns that are then used for agricultural
forecasting purposes. Over the forecast period of
2018-2026, the North America precision farming
market is expected to exhibit a CAGR of 3.17.
Canada, Mexico and the US are major geographies
analyzed in this region.
8Most of the countries in the Asia-Pacific follow
the traditional methods of farming. However, the
growing focus on sustainable agriculture and
increasing awareness and acceptance of precision
farming technologies are driving considerable
growth in the Asia-Pacific precision farming
market. Between the projected years of 2018-2026,
the market is likely to progress with a 19.06
CAGR.
9Precision farming involves advance farming
techniques such as the use of software and
hardware for observing, measuring and responding
to intra-field variability in crops, which
ultimately results in better crop management and
higher output. The Europe precision farming
market is slated to rise with a CAGR of 12.02
over the forecast period of 2018-2026.
10Some of the leading companies offering precision
farming solutions include Agco Corp, Ag Leader
Technology Inc, Agdata, Ag-Nav Inc, Agjunction
Inc, Agribotix, Agrium Inc, Cropx Ltd, Basf Se,
Deere Co, Dupont, Monsanto Company, Farmers
Edge Precision Consulting Inc, Mts Systems Corp,
Raven Industries Inc, Nozzleworks Inc, Sst
Development Group Inc, Topcon Corp, Teejet
Technologies, and Trimble Navigation Limited.
11(No Transcript)
12(No Transcript)
13(No Transcript)