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Global Precision Farming Market: Size, Share, Growth, Segments, Industry Analysis and Forecasts 2015 - 2021
1. Published By:Zion Market Research
Global Precision Farming Market: Size, Share, Growth, Segments,
Industry Analysis and Forecasts 2015 - 2021
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2. Precision Farming Market
Precision farming is an administrative concept based on measuring, responding, and
observing unevenness in inter and intra-field crops. The goal of precision farming is to
increase the production with the assistance of decision support system (DSS) and
preserving resources. Precision farming uses advanced technology to optimize crop
production with the help of GIS, remote sensing, and GPS over the long period.
Precision farming is also known as site-specific crop management (SSCM) and satellite
farming. The major advantage of the precision farming is to reduce labor & material
cost in order to increase a cost of the production with the application of crucial
automation processes. Further, a remote sensing technique is used in the entire field in
order to measure the humidity of the soil, temperature, and nutrition level.
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farming-market
Increasing awareness concerning environmental impact over farming is expected to
drive the market in the coming future. Other factors such as improvement in data
management in farming are impacting the global precision farming market positively.
The use of elegant technologies in tracking geo-location to increase the efficiency may
also boost the market in future. Additionally, it also safeguards fuel usage in precision
3. Precision Farming Market
farming. Government initiation on the R&D in precision farming technology may propel
the market in near future.
On the basis of technology, the global precision farming market is segmented as
guidance systems, GPS, variable rate technologies, telematics, and remote sensing.
GPS is the leading technology segment among all in the market. Furthermore, the
global market is divided based on hardware as radar, ASS, sensors, GPS, drones, and
others. While on the basis of software, it is further bifurcated as crop management,
GIS, inventory management, financial management, forecasting, people management,
and others.
North America is the leading regional segment in the global precision farming market.
However, it shows considerable growth in the market mainly owing to technological
upgrades. The US is also trying to gain the significant position in the global market.
Asia Pacific is also anticipated to witness the high growth due to increased double
income and population in this region. Rising food demand in Europe positively impacts
the global market. Emerging economies such as India and China hold the highest
market share in the precision farming market.
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Some of the major players dominating the precision farming market are AG Leader
Technology, Deere & Company, Trimble Navigation System, Dickey-John Corporation,
4. Precision Farming Market
AgJunction Inc., Teejet Technologies, AG Business & Crop Inc., and Case IH. Other key
players influencing the global market include ACGO Corporation, SOYL Precision
Farming, Precision Planting Inc., Echelon AG Inc, Raven Industries Inc., Topcon
Precision Agriculture, Jain Irrigation Systems Ltd., AG Nav Inc., The Toro Company, and
American Sensor Technologies Inc.
Precision Farming Market: Regional Segment Analysis
North America
o U.S.
Europe
o UK
o France
o Germany
Asia Pacific
o China
o Japan
o India
Latin America
o Brazil
The Middle East and Africa
5. Precision Farming Market
Browse detail report @ https://www.zionmarketresearch.com/report/precision-
farming-market
Zion Market Research
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com