Los Angeles, CA -- (SBWire) -- 05/03/2019 --Precision Agriculture (PA) is a farming management concept based upon observing, measuring and responding to agriculture. It was born in early 1990s for introduction of GPS guidance for tractors. Now it is a dynamic industry that mentioned lots of technologies, such as ecological based principles, plant genetics, technological advances in planting and application equipment and plant and soil sensors, and knowledge to vary management, to improve system efficiency, resilience, and adaptability.
The key consumption markets locate at developed countries. The North America takes the market share of around 50% in 2017, followed by Europe with 26.7%. APAC's consumption market has a quicker growing speed, with a market share of 17.6%.
The global Precision Agriculture Systems market was 2830 million US$ in 2018 and is expected to 6950 million US$ by the end of 2025, growing at a CAGR of 11.9% between 2019 and 2025.
This report studies the Precision Agriculture Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Precision Agriculture Systems in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Deere & Company
CropMetrics LLC
Trimble Agriculture
CropX
Valmont Industries
AGCO Corporation
Dickey-John Corporation
Monsanto Company
Ag Leader Technology
AgJunction
CNH Industrial
Raven Industries
SST (Proagrica)
TeeJet Technologies
Topcon Positioning Systems
By the product type, the market is primarily split into
Guidance System
Remote Sensing
Variable-Rate Technology
Others
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