The Precision Farming Market report consists of the all the market drivers and restrains which are derived from SWOT analysis while also giving all the CAGR projections for the historic year 2016 base year 2017 and forecast period-2023.
Top players and brands are making moves such as developments, products launches, acquisitions, merges, joint ventures and competitive research in the precision farming market. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Precision farming is defined (also known as precision agriculture or satellite farming) technologies as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.
Some Of The Key Players In Precision Farming Market Are
- John Deere
- Trimble Inc.
- AGCO Corporation
- Raven Industries
- AG Leader Technology
- SST Technology
- Teejet Technologies
- Topcon Positioning Systems
- Dickey-John Corporation
- Hexagon Agriculture
- Prospera Technologies
- Autocopter Corp
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This report studies the Precision Farming market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Precision Farming market by product type and applications/end industries.
On the basis of technology, guidance technology held the largest market size owing to the early adoption of this technology by farmers. GPS-based auto-guidance technology allows growers to reduce the overlapping of equipment and tractor passes, thus saving fuel, labor, time, and soil compaction.
The Americas held the largest share of the precision farming market in 2017. Countries such as the US and Canada in the Americas are the early adopters of precision farming technologies, which is the major reason for the high share of this region in the precision farming market. Farmers or growers in this region are increasingly adopting advanced farming systems and equipment such as steering and guidance systems, sensors, display devices, and farm management software.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Precision Farming.
Market Segment by Type, covers
- Guidance System
- Remote Sensing
- Variable-Rate Technology
Market Segment by Applications, can be divided into
- Yield Monitoring
- Crop Scouting
- Field Mapping
- Irrigation Management
- Weather Tracking & Forecasting
- Inventory Management
- Farm Labor Management
- Financial Management
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Major Table of Contents: Precision Farming Market
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Precision Farming Market, By Application
6 Global Precision Farming Market, By Airspeed
7 Global Precision Farming Market, By Solution
8 Global Precision Farming Market, By Alignment
9 Global Precision Farming Market, By Geography
10 Key Developments
11 Company Profiling
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Points Which Are Focused In the Report
- Industry Chain Suppliers of Precision Farming market with Contact Information
- The key findings and recommendations highlight crucial progressive industry trends in the Precision Farming Market, thereby allowing players to develop effective long term strategies
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Precision Farming market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To understand the future outlook and prospects for Precision Farming market analysis and forecast 2018-2023.
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