According to the recent report by IMARC Group, entitled “Precision Agriculture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global precision agriculture market to grow at a CAGR of around 12% during the forecast period 2021-2026. Precision Agriculture (PA) is a type of integrated production- and information-controlled farming system that uses the latest available technologies and research methods to enhance the agricultural output. It assists the farmers in increasing long-term, site-specific, and whole-farm production efficiency and profitability while reducing the unintended impact on the environment. Precision agriculture also helps in achieving a high quality of production and reducing the production costs and labor inputs.

Get a sample copy of this Report: https://www.imarcgroup.com/precision-agriculture-market/requestsample  

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Precision Agriculture 3

Market Trends:

Due to the increasing adoption of internet services and smartphones, several farmers are increasingly utilizing the latest technologies. Furthermore, the rising integration of numerous innovative technologies, such as low power wide area (LPWA) and Zigbee, with precision farming has enabled the farmers to plan and execute various agricultural operations efficiently. Additionally, the governments across several nations are offering various financial incentives and support schemes to encourage farmers to invest in diverse precision farming technologies. Besides this, the expanding food and beverage industry and escalating demand for sustainable farming practices are projected to bolster the growth of the precision agriculture market over the forecasted period.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/precision-agriculture-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Agribotix
  • Bayer CropScience AG
  • Case IH Agriculture
  • ClearAg Operations
  • Conservis Corporation
  • Deere & Company
  • Farmers Edge Inc.
  • Fairport Farm Software
  • Fuse Technologies
  • Granular AG
  • Grownetics Inc.
  • IBM
  • MapShots Inc.
  • Raven Industries
  • SST Software

Precision Agriculture Market Segmentation:

Our report has categorized the market based on region, technology, type, component and application.

Breakup by Technology:

  • Global Navigation Satellite System (GNSS)/Global Positioning System (GPS)
  • Geographic Information System (GIS)
  • Remote Sensing
  • Variable Rate Technology (VRT)
  • Others

Breakup by Type:

  • Automation and Control Systems
  • Sensing and Monitoring Devices
  • Farm Management Systems

Breakup by Component:

  • Hardware
  • Software

Breakup by Application:

  • Yield Monitoring
  • Crop Scouting
  • Mapping
  • Soil Monitoring
  • Precision Irrigation
  • Others

Regional Insights:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Read Related Reports:

Biopharmaceutical Market: https://www.imarcgroup.com/biotechnology-industry

Home Automation System Market: https://www.imarcgroup.com/home-automation-system-market

Flock Adhesives Market: https://www.imarcgroup.com/flock-adhesives-market

Tartaric Acid Market: https://www.imarcgroup.com/tartaric-acid-technical-material-market-report-2

Hormone Replacement Therapy Market: https://www.imarcgroup.com/hormone-replacement-therapy-market

Cloud Security Software Market: https://www.imarcgroup.com/cloud-security-software-market

Three-Wheeler Market: https://www.imarcgroup.com/three-wheeler-market

Gastrointestinal Stents Market: https://www.imarcgroup.com/gastrointestinal-stents-market

Read Other Blogs:

https://www.imarcgroup.com/prepaid-cards-companies 

https://www.imarcgroup.com/plant-based-meat-companies 

https://www.imarcgroup.com/bath-soap-manufacturing-companies 

Tags: Precision Agriculture Market, Precision Agriculture Market Report, Precision Agriculture Market Size, Precision Agriculture Market forecast, Precision Agriculture Market Share

See Campaign: https://www.imarcgroup.com
Contact Information:
Contact US: IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Tags:
Menafn, IPS, Reportedtimes, PR-Wirein, Extended Distribution, iCN Internal Distribution, Research Newswire, English