Global precision farming market, forecast to 2023

Global Precision Farming Market, Forecast to 2023

Summary  Precision farming market anticipated to grow at a CAGR of 13.38% from 2018 to 2023  The precision farming market is estimated to be worth USD 5.09 billion in 2018 and is projected to reach USD 9.53 billion by 2023, at a CAGR of 13.38% between 2018 and 2023.  Major factors driving the growth of the precision farming market include pressure on global food supply owing to growing world population, substantial cost cutting made possible by precision farming, and government initiatives to adopt modern agricultural techniques.  Precision farming requires large initial investment, efficient farming tools, and skilled labor.

Segmentation  BY TECHNOLOGY  Guidance Technology  Remote Sensing  Variable-rate Technology  BY APPLICATION    

Yield Monitoring Field Mapping Crop Scouting Weather Tracking & Forecasting

   

Irrigation Management Inventory Management Farm Labor Management Financial Management

Key players  Deere & Company (US)

 Precision Planting (US)

 Trimble (US)

 The Climate Corporation

 AGCO Corporation (US)

(US)

 AgJunction (US)

 Descartes Labs (US)

 Raven Industries (US)

 ec2ce (Spain)

 AG Leader (US)

 Gamaya (Switzerland)  Decisive Farming (Canada)

Geographic analysis  AMERICAS  EUROPE  APAC  REST OF WORLD

Table Of Contents  Introduction

 Precision Farming Market, By Technology

 Research Methodology

 Precision Farming Market, By Application

 Executive Summary

 Geographic Analysis

 Premium Insights

 Competitive Landscape

 Market Overview

 Company Profiles

 Industry Trends

 Appendix

 Precision Farming Market, By Offering

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