“According to the research report published by Polaris Market Research, the Global Precision Agriculture Market Is Anticipated To Reach Over USD 13,016 Million By 2026, at a CAGR of 14.7% during the forecast period.”
Market Overview:
Polaris Market Research has published a new market research report titled “Precision Farming/Agriculture Market [By Hardware (Automation & Control System, Sensing Devices, Access Points); By Deployment (Web-based/Local, Cloud Based); By Service (System Integration, Managed Services, Maintenance & Support, Consulting); By Application (Irrigation Management, Crop Scouting, Yield Monitoring, Weather Tracking and Forecasting, Field Mapping, Inventory Management, Farm Labor Management); By Regions]: Market size & Forecast, 2017 – 2026” that provides an evaluation of market development through historical studies. The report focuses on market classification into different segments and a thorough analysis of the competitors, key players, and profiles. The comprehensive analysis and conclusions given in this report are based on trusted sources, databases, and sectorial analysis. The Precision Farming/Agriculture Market research includes a business description, a product overview, market size & share, demand and supply ratio, supply chain analysis, and import/export information.
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(The sample of this report is readily available on request. Free report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)
Top Global Market Players:
- AgJunction Inc
- Agribotix LLC
- Deere and Company
- The Climate Corporation
- Topcon Corporation
- Trimble Inc.
COVID-19 Impact:
The COVID-19 pandemic in 2020 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Precision Farming/Agriculture Market also experienced a slowdown.
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Scope Of the Report:
Precision farming is the approach of farm management that brings in information technology IT to ensure that the crops and soil get precisely what they need for health and productivity. The goal of PA is to guarantee profitability, sustainability, and protection of the environment.
Competitive Landscape:
The vendors in the precision agriculture market offer a wide range of products and services to help consumers enhance crop quality and maximize profits. In addition, the service providers in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. For instance, in July 2017, AGCO Corporation announced the acquisition of Precision Planting LLC equipment business. This acquisition will strengthen AGCO Corporation’s position in the global market and expand its portfolio of planting technology.
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FAQs About Market:
- Who are the key players in the global precision farming market?
- What is the expected growth rate of the global precision agriculture market during 2017-2026?
- What is used in precision farming?
- How does precision farming benefit farmers?
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Reports and Data has recently published a new report on global Precision Farming/Agriculture market forecast to 2028.
The report evaluates vital features about existing and expected market over the forecast period.
It offers a detailed industry analysis of market size, market growth, emerging trends, key restraints and top companies.
The data has been collected through immense research and is assessed by professional industry experts to provide key insights into statistical market data.
The data is represented in the form of tables, diagrams and charts to offer easy glance of the market scenario to the readers.
Key Companies in the market include: The major Precision Farming/Agriculture companies such as Deere & Company (U.S.), Trimble (U.S.), AGCO Corporation (U.S.), AgJunction (U.S.), Raven Industries (U.S.), AG Leader (U.S.), Precision Planting (U.S.), Cropmetrics (U.S.), Topcon Positioning Systems, Inc. (U.S.), Dickey John Corporation (U.S.), and PrecisionHawk (U.S.) have been profiled in the report.
