Houston, TX -- (SBWire) -- 04/06/2018 --New statistical surveying report, titled "Global Precision Agriculture Market Size, Industry Drifts, Trades, Supply, Demand, Analysis, and Forecast 2017-2022". Precision agriculture also known as site specific crop management (SSCM) and satellite farming is an advanced farming technique that utilizes several technologies such as GPS, GIS and remote sensing to collect crucial field related information, which is further analyzed to support grower's decisions with regard to crop fertilizing, planting, and harvesting. Sensors are placed throughout the field that measure temperature, nutrition level and humidity of the soil. Therefore, the technology eliminates manual human efforts by automating crucial processes including real-time farm monitoring and information sharing.
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Precision Agriculture Market is expected to garner +$7 billion by 2022, registering a CAGR of +14 % during the forecast period 2016 - 2022
The report examines the entire demand and supply chain in the global Precision Agriculture market and concentrates the various components. Precision agriculture is swiftly gaining popularity among farmers due to the increasing need of optimum production with the given resources. Further, the changing weather patterns due to increasing global warming, have necessitated the adoption of advanced technologies to enhance the productivity and crop yield. By offering technologies such as real-time farm monitoring, weather forecasting, optimal field requirements and similar others, precision agriculture enables the farmers to increase the yield with minimum human efforts and wastage. Moreover, the technology enables the farmers to manage their resources as well as access real time information through their smartphones, thereby offering greater mobility and ease of operation.
Key players operating in the global Precision Agriculture market: Technology (U.S.), AgJunction, Inc. (U.S.), CropMetrics LLC (U.S.), Trimble, Inc. (U.S.), AGCO Corporation (U.S.), and Raven Industries, Inc. (U.S.) among others
Describing the modest hierarchy in the global Precision Agriculture market, the report profiles few of the key players functioning in the market. Discerning information about the substantial players including their revenue, product portfolio, business segmentation, and financial overview has been incorporated into the report. Recent developments in the industry have been taken into deliberation while forestalling the future standpoint of the market. The report also portrays the various marketing channels predominant in the global market and delivers knowledge about some of the crucial distributors functioning in the market. The report serves as a supportive guide for the new as well as existing players in the market.
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More light has been shed upon the global Precision Agriculture market by the manufacturer with the type of product, distribution channels, and manufacturing base at the top of the priority list. The report has moreover explicated the competitive conditions and patterns prevailing in the market. In such way, methodologies, for instance, expansion, mergers, procurement, and market concentration rate have been examined. For a more insightful examination of key players functioning in the market, the manufacturers have divided the share of the overall industry of best three and five manufacturers.
Table of Content:
Chapter 1 Precision Agriculture Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Precision Agriculture Market by Technology (GIS, Telematics, VRT, and GPS & Remote Sensing) (Yield Monitoring, Field Mapping) Is Expected to Garner $7.8 Billion by 2022
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