1. Market Research
  2. > Agriculture Market Trends
  3. > Precision Farming - Global Market Outlook (2015-2022)

Precision Farming - Global Market Outlook (2015-2022)

  • January 2016
  • -
  • Stratistics MRC
  • -
  • 121 pages

Summary

Table of Contents

According to Stratistics MRC, the Global Precision Farming market accounted for $2.81 billion in 2014 and is expected to grow at a CAGR of 12.5% to reach $6.43 billion by 2022. The market is expected to benefit from promising market investments that are lifting the standards of agriculture, which offer high yields and profits. Growing demand for food is pushing the growers to adopt precision farming techniques and optimize their resources efficiently with minimum wastages. Factors such as high initial investment costs, lack of technological skills, and reluctance to adopt the latest technologies for farming practices are inhibiting the market.

The increasing eminence of telematics technologies is expected to fuel the market growth during the forecast period. Government interventions and energy & cost efficiency are the driving factors for the global market. Huge economic development and growing population in Asia Pacific are the major factors responsible for market growth in this region.

Some of the key players in the global precision farming market include ACGO Corporation, Dickey-John Corporation, Syngenta AG, Ag Leader Technology, John Deere & Company, Micro Trak Systems, Teejet Technologies, Lindsay Corp., Precision Planting Inc., Raven Industries Inc., Monsanto, Novariant Inc., Topcon Precision Agriculture, SST Development Group Inc., Agjunction Inc., and Trimble Navigation Limited.

Technology Types of Precision Farming Covered:
- Global Positioning System (GPS)/ Global Navigation Satellite System (GNSS)
- Geographical Information System (GIS)
- Remote Sensing
o Hand-Held
o Satellite Based Sensing
- Variable Rate Technologies (VRT)
o Variable Rate Fertilizer
o Variable Rate Pesticide
o Variable Rate Seeding

Applications Covered:
- Yield Monitoring
- Variable Rate Application (VRA)
- Mapping
- Soil Monitoring
- Precision Irrigation
- Crop Scouting

Components Covered:
- Automation & Control Systems
- Farm Management Systems (FMS)
- Sensing & Monitoring Devices

Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Precision Farming Technologies and Global Markets

Precision Farming Technologies and Global Markets

  • $ 6650
  • Industry report
  • February 2017
  • by BCC Research

Use this report to: - Gain an insight into how the market for precision farming technologies has evolved over time and how various factors are impacting the market. - Identify key funding and financing ...

Precision Farming Software Market by Delivery Model, Application, Service Provider, and Geography - Global Forecast to 2022

Precision Farming Software Market by Delivery Model, Application, Service Provider, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The increasing need for data management through cloud computing and government’s support for modern agricultural techniques drive the growth of the precision farming software market” The precision ...

Vertical Farming Market by Growth Mechanism, Structure, Offering, Crop Type, and Geography - Global Forecast to 2022

Vertical Farming Market by Growth Mechanism, Structure, Offering, Crop Type, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Vertical farming market expected to grow at a CAGR of 24.8% between 2016 and 2022” According to the new market research report, the vertical farming market is expected to be valued at USD 5.80 billion ...


Download Unlimited Documents from Trusted Public Sources

Rice Industry in Japan

  • April 2017
    35 pages
  • Rice  

  • Japan  

    Asia  

    South Korea  

View report >

Agriculture Supply in Thailand

  • April 2017
    3 pages
  • Agriculture  

    Sustainable Agr...  

    Food Safety  

  • Thailand  

    Asia  

View report >

Seed Development Supply - Forecast

  • April 2017
    4 pages
  • Seed Developmen...  

    Seed  

View report >

Herbicide Forecast

10 days ago

Related Market Segments :

Farming

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.