Worldwide Precision Agriculture Market 2017- Strategy Resources, Manufacturers,Supply and Forecasts 2023

Latest industry research report on Precision Agriculture Market. Precision agriculture is a farming management technique used to improve site specific farming through evaluation of overall field conditions with the help of real-time availability of farm information. Rapid development in the agriculture industry has swiftly increased the adoption of precision agriculture techniques. Additionally, this technique helps in analyzing the weather patterns, temperature, humidity level, soil nutrition, and growth of the crop by using various components for instance sensors, GPS and Radar.

Precision agriculture is gaining popularity among farmers due to increasing demand for optimum production at less cost.

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Moreover, the agriculture industry is also affected by the global warming as it plays an important role in changing weather patterns. Precision agriculture helps the farmers in effective decision making and in increasing the crop production by maintaining the level of water, fertilizers and pesticides. Therefore, the increasing demand for effective monitoring of the crops is fueling the market growth, which is further supported by increasing population. However, lack of awareness about the benefits of the precision agriculture among farmers is observed as one of the major restraints for the world precision agriculture market.

The market is segmented on the basis of technology, component, and geography.

MARKET BY TECHNOLOGY

• GIS
• Telematics
• VRT
• Mapping
• GPS
• Others

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MARKET BY COMPONENT

• Hardware
• Sensors
• Drones
• Automated steering system
• Radar
• GPS
• Others
• Software
• GIS
• Crop management software
• Weather tracking and forecasting software
• Inventory management software
• People management software
• Financial management software

MARKET BY GEOGRAPHY

North America

• United States of America
• Canada
• Mexico

Europe

• United Kingdom
• Germany
• France
• Italy
• Russia
• Rest of the Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Australia
• Taiwan
• Rest of Asia-Pacific

LAMEA

• Latin America
• Middle East
• Africa

KEY PLAYERS

• Deere & Company
• Agjunction
• Trimble Navigation Limited
• Agleader
• AGCO Corporation
• Monsanto company
• CropMetrics
• AgSense LLC
• AgSync
• Dickey-John Corporation

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