Albany, NY -- (SBWIRE) -- 08/29/2016 -- Precision farming is a farm management process, which is bringing about a paradigm shift in agriculture. It relies on technology to measure agricultural variables such as soil content, yield, and weed and utilizes precise information about agricultural resources, and subsequently apply specific treatments. This enables the producer to micromanage farming practices and improve production and profits while keeping resource use to a minimum.

The precision farming market in the US to grow at a CAGR of 16.04% during 2014-2019. The report covers the present scenario and the growth prospects of the precision farming market in the US for 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of precision farming systems and services.

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Technavio's report, Precision Farming Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
- Ag Leader Technology
- AgJunction
- Deere
- Dickey-John
- Teejet Technologies
- Trimble Navigation

Other Prominent Vendors
- AGCO
- CNH Industrial
- Derr Equipment
- Monsanto
- MTS Systems
- Raven Industries
- Site-Specific Technology Development Group
- Topcon Precision Agriculture

Market Driver
- Growing Awareness and Acceptance
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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