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Precision Agriculture Market Share, Size and Forecast By 2022

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Precision agriculture market is expected to garner $7.8 billion by 2022, registering a CAGR of 14.9 % during the forecast period 2016 - 2022. – PowerPoint PPT presentation

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Title: Precision Agriculture Market Share, Size and Forecast By 2022


1
Precision Agriculture Market
GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY
FORECAST 2018- 2025
KNOW MORE
2
CURRENT AND FUTURE MARKET SCENARIO
  • The global Precision agriculture market is
    expected to garner 7.8 billion by 2022.
  • The global Precision agriculture market
    registering a CAGR of 14.9 during the forecast
    period 2016 - 2022.
  • Hardware held a higher share in the component
    segment in 2015, with over 50 revenue share and
    is expected to dominate the market during the
    forecast period.
  • GPS technology held a significant share in
    theprecision agriculture market in 2015.
  • The report provides a comprehensive analysis of
    the global precision farming market with current
    trends and future growth opportunities,
    challenges, and competitive scenario.
  • Value chain analysis provides key inputs on the
    role of different stakeholders involved at
    various stages.

3
FACTORS CONTRIBUTING TO MARKET GROWTH
For more detail Click Here
  • Growing adoption of smart phones
  • Aggrandized use of cloud technology
  • Booming population

Precision agriculture technologies include GPS,
GIS, telematics, Variable rate technology (VRT),
and remote sensing. Among the mentioned
technologies, GPS is the largest revenue
contributor, owing to its ability to help farmers
and agriculture service providers to
automatically record the field data and apply
variable rate of inputs to smaller areas within
larger fields. From a growth perspective,
geographic information system (GIS) technology is
anticipated to exhibit the highest CAGR of 15.7,
driven by higher adoption mainly in North America
and Europe.
4
Precision Agriculture Market Segmentation
  • BY TECHNOLOGY
  • Geographic information system (GIS)
  • Telematics
  • Variable rate technology (VRT)
  • Global positioning system (GPS)
  • Remote Sensing
  • By COMPONENT
  • Hardware.
  • Software
  • Others

Among the component segments, hardware accounted
for the higher revenue share in 2015, owing to
high demand of hardware components such as drone,
ASS, and RADAR. The software market, encompassing
inventory management software, people management
software and financial management software among
others, is expected to witness the highest growth
during the forecast period with a CAGR of over
15, owing to its ability of these software to
enhance equipments operating efficiency and
smartphone integration with field machinery and
devices for easy access of information.
5
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6
GEOGRAPHICAL OVERVIEW
  • Based on region, it is analyzed across North
    America, Europe, Asia-Pacific, and LAMEA.
  • Asia-Pacific constituted around 16 of the total
    market revenue in 2015 and is likely to be the
    fastest growing region over the forecast period.

7
LEADING MARKET PLAYERS
  • Deere Company
  • CropMetrics LLC
  • Trimble Navigation Limited 
  • CropX
  • AgSmarts Inc
  • AgSense LLC 
  • AGCO Corporation
  • Dickey-John Corporation 
  • Monsanto Company
  • Ag Leader Technology

8
  • A Report Titled Precision Agriculture Market-
    Global Opportunities And Forecasts, 2018 2025
    Has Been Recently Published By Allied Market
    Research. It Makes An In-depth Analysis Of
    Current Trends, Drivers, And Restraining Factors
    That Affect Financial Ratios Relevant To The
    Industry. Company Profiles For Key Vendors In
    Business Builds A Comprehensive Picture Of
    Profitable Opportunities From Stakeholders
    Perspective.
  • To Know More About Precision Agriculture Market-
    Opportunities and Forecasts, 2018 2024
    https//www.alliedmarketresearch.com/precision-agr
    iculture-market
  • Download Sample Report- https//www.alliedmarketre
    search.com/request-sample/1422
  • Follow Allied Market Research

9
ABOUT ALLIED MARKET
RESEARCH Allied Market Research (AMR) Is A
Full-service Market Research And
Business-consulting Wing Of Allied Analytics LLP
Based In Portland, Oregon. Allied Market Research
Provides Global Enterprises As Well As Medium And
Small Businesses With Unmatched Quality Of
"Market Research Reports" And "Business
Intelligence Solutions." AMR Has A Targeted View
To Provide Business Insights And Consulting To
Assist Its Clients To Make Strategic Business
Decisions And Achieve Sustainable Growth In Their
Respective Market Domain.We Are In Professional
Corporate Relations With Various Companies And
This Helps Us In Digging Out Market Data That
Helps Us Generate Accurate Research Data Tables
And Confirms Utmost Accuracy In Our Market
Forecasting. Each And Every Data Presented In The
Reports Published By Us Is Extracted Through
Primary Interviews With Top Officials From
Leading Companies Of Domain Concerned. Our
Secondary Data Procurement Methodology Includes
Deep Online And Offline Research And Discussion
With Knowledgeable Professionals And Analysts In
The Industry.
Contact David Correa5933 NE Win Sivers
Drive205, Portland, OR 97220United StatesToll
Free 1-800-792-5285UK 44-845-528-1300Hong
Kong 852-301-84916India (Pune)
91-20-66346060Fax 1-855-550-5975help_at_alliedma
rketresearch.comWeb https//www.alliedmarketrese
arch.com
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