Global Market Research Report on Precision Agriculture Market 2017 is a professional and in-depth complete study on the current state of the Precision Agriculture worldwide.
Deerfield Beach, FL -- (SBWIRE) -- 05/25/2017 -- Latest industry research report on Precision Agriculture Market. Precision agriculture is a farming management technique used to improve site specific farming through evaluation of overall field conditions with the help of real-time availability of farm information. Rapid development in the agriculture industry has swiftly increased the adoption of precision agriculture techniques. Additionally, this technique helps in analyzing the weather patterns, temperature, humidity level, soil nutrition, and growth of the crop by using various components for instance sensors, GPS and Radar.
Precision agriculture is gaining popularity among farmers due to increasing demand for optimum production at less cost.
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Moreover, the agriculture industry is also affected by the global warming as it plays an important role in changing weather patterns. Precision agriculture helps the farmers in effective decision making and in increasing the crop production by maintaining the level of water, fertilizers and pesticides. Therefore, the increasing demand for effective monitoring of the crops is fueling the market growth, which is further supported by increasing population. However, lack of awareness about the benefits of the precision agriculture among farmers is observed as one of the major restraints for the world precision agriculture market.
The market is segmented on the basis of technology, component, and geography.
MARKET BY TECHNOLOGY
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MARKET BY COMPONENT
Automated steering system
Crop management software
Weather tracking and forecasting software
Inventory management software
People management software
Financial management software
MARKET BY GEOGRAPHY
United States of America
Rest of the Europe
Rest of Asia-Pacific
Deere & Company
Trimble Navigation Limited
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