Data Bridge Market Research in its report titled of Precision Agriculture Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Precision Agriculture market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping the growth of the market and other valuable insights across different market segments.

Precision Agriculture marketing report provides specific and up to date information about the consumers demands, their preferences, and ideas about the product and their varying likings about particular product. This helps to plan about the advertising and sales promotion strategy more successfully and also helps in taking sound decisions. The report represents a quality of market research data that has been accomplished with transparent research studies. With the proper and throughout utilization of excellent industry experience, talent solutions, industry insight and latest tools and technology, the report has been generated.

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Precision agriculture market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 13.40% in the above-mentioned forecast period. Increasing need to adopt specific farming solutions to manage the raw materials has been directly impacting the growth of precision agriculture market.

An increase in demand for crop yield and the rising labour shortage is the main driver for the precision agriculture market. The increased need for climate-smart farming is also a driver for the precision agriculture market. Artificial intelligence in agriculture and the impact of 3D printing on farming is an opportunity for the precision agriculture market. Blockchain for agriculture is also an opportunity for the precision agriculture market.

Lack of awareness and technical farming knowledge is a challenge for the growth of the precision agriculture market. However, complexity for data privacy and management is the main restraint for the precision agriculture market during the forecast period of 2021-2028.

This Precision Agriculture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Precision Agriculture market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Leading Key Players Operating in the Precision Agriculture Market Includes:

The major players covered in the precision agriculture market report are AgJunction, Raven Industries, Inc., Deere & Company, AGCO Corporation, Trimble Inc, Prospera Technologies Ltd., Descartes Labs Inc., Topcon Positioning Systems Inc., AgEagle Aerial Systems Inc., Ag Leader Technology Inc., 365FarmNet GmbH, Abundant Robotics Inc., AeroVironment, Inc., BASF SE, CLAAS Group, CNH Industrial N.V., Granular Inc., Harvest Automation Inc., Hexagon Agriculture, Kubota Corporation, Naio Technologies, Parrot SA, PrecisionHawk Inc., Teejet Technologies, The Toro Company, Valmont Industries, Inc., YANMAR HOLDINGS CO., LTD. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Key Market Segments:

Based on technology, the precision agriculture market is segmented into guidance technology, remote sensing technology and variable-rate technology. Guidance technology is further segmented into GPS/GNSS-based guidance technology and GIS-based guidance technology. Remote sensing technology is further segmented into handheld or ground-based sensing and satellite or aerial sensing. Variable-rate technology is further segmented into map-based VRT and sensor-based VRT.
Precision agriculture market has also been segmented based on application, into crop scouting, field mapping, yield monitoring, weather tracking & forecasting irrigation management, inventory management, farm labour management and variable rate application. Variable rate application is further segmented into precision irrigation, precision seeding, precision fertilization and pesticide VRA.
Based on offering, the precision agriculture market is segmented into hardware, software and services. Hardware is further segmented into automation and control systems and sensing and monitoring devices. Automation and control systems is further sub segmented into displays, guidance and steering systems, GPS/GNSS devices, drones/UAVs, irrigation controllers, handheld mobile devices/handheld computers and flow and application control devices. Sensing and monitoring devices is further sub segmented into yield monitors, soil sensors, water sensors and climate sensors. Software is further segmented into local/web based and cloud based. Services are further segmented into system integration and consulting services, managed services, connectivity services, assisted professional services, maintenance and support services.

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Precision Agriculture Market Regional Analysis/Insights

The countries covered in the Precision Agriculture market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Why buy this report?

The report offers a comprehensive evaluation of the Global Precision Agriculture Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key questions answered in the report:

Which are the five top players of the Precision Agriculture market?
How will the Precision Agriculture market change in the next five years?
Which product and application will take a lion’s share of the Precision Agriculture market?
What are the drivers and restraints of the Precision Agriculture market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Precision Agriculture market throughout the forecast period?

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About Data Bridge Market Research, Private Ltd

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