The global market for Precision Agriculture valued at USD 8306.6 Million in 2022 is projected to reach a revised size of USD 19701.75 Million by 2030, growing at a CAGR of 11.4% over the period 2023-2030.
Precision agriculture is an intelligent farming practice for agriculture management that uses information technology to ensure that soil and plants get everything they require for optimum health and productivity. The main objective of precision agriculture is to ensure sustainability, profitability, and protection of the environment. The agricultural sector has made tremendous changes over the years, especially in optimizing farming practices to yield maximum revenue from the produce.
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Key Companies Market Share Insights:
- AgJunction Inc. (Canada)
- Raven Industries Inc. (U.S)
- CNH Industrial N.V. (U.K)
- Deere Company (U.S)
- Trimble, Inc. (U.S)
- Iteris Inc. (U.S)
- Topcon Corporation (Japan)
- PrecisionHawk (U.S)
- SenseFly (Cheseaux-sur-Lausanne)
- DICKEY-john (Auburn)
- SST Development Group, Inc. (U.S)
- Agribotix LLC (U.S), and other major players.
The latest research on the Precision Agriculture Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Precision Agriculture Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Precision Agriculture Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Precision Agriculture Market is Segmented as follows:
By Component
- Hardware
- Software
- Services
By Technology
- Remote sensing
- GPS/GNSS systems
- Variable rate technology
- Guidance software
- Geomapping
By Application
- Crop Management
- Weather Forecasting
- Irrigation Management
- Field Mapping
- Yield Monitoring
- Others
Precision Agriculture Market Regional Analysis/Insights:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Introspective Market Research is a trusted provider of comprehensive market research studies, catering to businesses worldwide. Our commitment lies in delivering valuable insights and strategic guidance to empower informed decision-making. Through an in-depth examination of the overall industry, our Precision Agriculture Market report ensures greater accuracy and reliability. We establish a robust foundation for our findings by leveraging an extensive range of primary and secondary sources.
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