Precision farming market

Precision Farming Market – Forecasts from 2016 to 2021

DESCRIPTION Precision farming is an agriculture management technique that measures and responds to the intra-field crop variability for both temporal and spatial components. The technology includes real-time monitoring, weather forecasting, and optimal field requirements among others to ensure the maximum yield with minimum human efforts and wastage. Increasing global population coupled with declining per capita arable land is the key driver of the global precision farming market. Changing weather conditions due to global warming have further necessitated the adoption of precision farming across the globe in order to enhance the productivity and crop yield. Growing global agro-industry along with technological advancements across various emerging economies will provide a great opportunity for the expansion of the global precision farming market. Moreover, rising awareness regarding good health and fitness is augmenting the demand for organic foods, thereby impacting the growth of precision farming market significantly.

North America and Europe will experience a steady growth of precision farming market owing to rising agricultural and farming activities in the countryside. However, APAC region is anticipated to witness the fastest market growth owing to rising population in the region and growing demand for food in economies such as China and India.

Moreover, rising use of smartphones by farmers in India allows them to access real-time information, thereby offering greater mobility and ease of operation. Advancements in domains such as agronomy, agro-engineering, and IT coupled with supportive government initiatives will further propel the regional market growth in the next five years. Factors such as high capital investment, lack of technical expertise, and lack of awareness about the technology among farmers, especially in developing countries will restrain the growth of the global precision farming market during the forecast period.

Research Methodology The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.

Precision Farming Market – Forecasts from 2016 to 2021

Market Dynamics Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Precision Farming . Complete industry analysis has also been covered by Porter’s Five Forces model as a part of this report section.

Segmentation Thirdly, Precision Farming Market has been segmented by technology, applications, Hardware  By Solution o Automation and Control System o Sensing and Monitoring Devices o Software o Software o Services  By Technology o Guidance Systems o Variable Rate Technology (VRT) o Remote Sensing  By Application o Yield Monitoring o Variable Rate Application o Field Mapping o Soil Monitoring o Crop Scouting Precision Farming Market – Forecasts from 2016 to 2021

o Crop Scouting o Financial Management o Farm Inventory Management o Personnel Management o Weather Tracking and Forecasting o Others  By Geography o Americas  North America  South America o Europe Middle East and Africa  Europe  Middle East and Africa o Asia Pacific Market Players Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry player profiles as part of this section are AGCO Corporation, Raven Industries, Agjunction, Precision Planting, and AG Leader Technology among others.

Precision Farming Market – Forecasts from 2016 to 2021

TABLE OF CONTENTS 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 4.1. Market Overview and Segmentations 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Supplier Outlook 4.6. Industry Outlook 4.7. Porter’s 5 Forces Analysis 4.8. Industry Value Chain Analysis 5. Precision Farming Market Forecast by Solution (US$ billion) 5.1. Automation and Control System 5.2. Sensing and Monitoring Devices 5.3. Software 5.4. Software 5.5. Services 6. Precision Farming Market Forecast by Technology (US$ billion) 6.1. Guidance Systems 6.2. Variable Rate Technology (VRT) 6.3. Remote Sensing 7. Precision Farming Market by Application (US$ billion) 7.1. Yield Monitoring 7.2. Variable Rate Application 7.3. Field Mapping 7.4. Soil Monitoring 7.5. Crop Scouting 7.6. Crop Scouting 7.7. Financial Management 7.8. Farm Inventory Management Precision Farming Market – Forecasts from 2016 to 2021

7.9. Personnel Management 7.10. Weather Tracking and Forecasting 7.11. Others 8. Precision Farming Market Forecast by Geography (US$ billion) 8.1. Americas 8.1.1. North America 8.1.2. South America 8.2. Europe Middle East and Africa 8.2.1. Europe 8.2.2. Middle East and Africa 8.3. Asia Pacific 9. Competitive Intelligence 9.1. Market Share of Key Players 9.2. Investment Analysis 9.3. Recent Deals 9.4. Strategies of Key Players 10. Company Profiles 10.1. Topcon Precision Agriculture 10.2. Deere & Company 10.3. Teejet Technologies 10.4. Trimble Navigation Limited 10.5. SST Development Group 10.6. AGCO Corporation 10.7. Raven Industries 10.8. Agjunction 10.9. Precision Planting 10.10. AG Leader Technology

Precision Farming Market – Forecasts from 2016 to 2021

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Precision Farming Market – Forecasts from 2016 to 2021