Title: Precision Farming Market
1- Precision Farming Market by Application, Future
Demands, and Key Players, 2025
2- Research report categorizes the Precision Farming
Market - based on Technology, Application, Offering
- and Geography.
- By Technology
- Guidance
- VRT
- Remote Sensing
- By Application
- Crop Scouting
- Field Mapping
- Variable Rate Application
And More
3Key Segments
The precision farming market is estimated to be
USD 7.0 billion in 2020 and is projected to reach
USD 12.8 billion by 2025, at a CAGR of 12.7
between 2020 and 2025.
1
The major factors driving the growth of precision
farming market includes increasing farm
mechanization in developing countries, rising
labor cost owing to shortage of skilled labor,
increasing strain on the global food supply owing
to increasing population, substantial cost
savings associated with smart farming techniques,
and government initiatives to adopt modern
agricultural techniques.
2
3
Guidance technology expected to hold largest
market share in 2019 Hardware segment expected
to continue to hold largest market share
throughout forecast period Yield monitoring
application to account for largest share of
precision farming market in 2020
4
5
Americas expected to hold largest size of
precision farming market during forecast period
4- Precision Farming Market Growth Rate
2025
2020
CAGR of 12.7
Market Size of 7.0 billion
Market Size of 12.8 billion
5Vendors
- Deere Company (John Deere) (US)
- Trimble, Inc. (Trimble) (US)
- AGCO Corporation (AGCO) (US)
- AgJunction Inc. (AgJunction) (US)
- Raven Industries Inc. (Raven) (US)
- AG Leader Technology (AG Leader) (US)
- Teejet Technologies (Teejet) (US)
- AgEagle Aerial Syetems (US)
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6- North America
- Europe
- APAC
- RoW
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7- Frequently Asked Questions (FAQ) in Our Report
- 1. How huge is the opportunity for entrants in
the precision farming market for the next five
years
2. Which segment is expected to provide the most
opportunity for growth?
3. Which are the major companies in the precision
forestry market? What are their major strategies
to strengthen their market presence?
4. Which region is expected to witness
significant growth for precision farming market
in the coming years?
5. How will be adoption trend for variable rate
application in precision farming market?
8- MarketsandMarkets Value Proposition
How are we different?
- Most-detailed market segmentation in industry
- In-depth analysis of patents profiles of key
market players providing a competitive landscape - Market data for segments such as technologies,
services applications across geographies - High level analysis of major market segments and
identification of opportunities
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and analyze how to successfully expand into them - Analyze the Challenges, Opportunities, Market
structures, Drivers and Competitive Landscape
10- MarketsandMarkets Our Expertise
Our Expertise
- Compelling Business cases Market size Estimations
- Company Market Best Practices
- Entry or Go-To-Market strategies
- Market Dynamics, Positioning and Segmentations
- Competitive Landscaping and Benchmarking
- Opportunity Analysis
- Economic Forecasting
- Industry-specific Technology solutions
- Roadmap Analysis
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13Our Report Covers Market Scenarios,
Vendor landscape Industry Road Maps. Get Free
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