Market Overview

Global Precision Agriculture Market Outlook to 2025: Focus on Solution & Application - ResearchAndMarkets.com

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The "Global
Precision Agriculture Market: Focus on Solution (Hardware System,
Software, and Service) and Application (Irrigation, Field Monitoring,
Spraying, Fertilization, Planting, and Data Management) - Analysis and
Forecast, 2018-2025"
report has been added to ResearchAndMarkets.com's
offering.

Over the last decade, the global agricultural industry has witnessed a
massive transformation owing to the increasing demand for sustainable
farming practices. Rising global population and high-income growth have
resulted in growing concerns of food security across the world.

Various agricultural start-ups and technology innovators are developing
numerous sustainable farming systems. With the rapid employment of
precision agriculture solutions, farmers are able to enhance production
yield by increasing inputs and efficient management of farm enterprises.
The advent of innovative farm management techniques has resulted in
reduced energy consumption and overall cost-effective operations owing
to their precise and resource-efficient approach.

The precision agriculture market ecosystem comprises established
agricultural OEMs, technology vendors, agri-input suppliers, and
software & services providers. Rising interest in IoT amongst the
agricultural machinery vendors, such as AGCO Corporation, Deere &
Company, CLAAS, Kubota Corporation, and CNH Industrial, has been a
significant trend in the market.

Moreover, players including agri-input giants, such as DuPont, Syngenta,
Monsanto (acquired by Bayer in June 2018), ICL Ltd., and BASF, are also
focusing on incorporating data analytics and farm management systems in
their product offerings.

The major precision agriculture technology vendors are Trimble Inc.,
Raven Industries, Topcon Positioning Systems, Hexagon Agriculture, AG
Leader Technology, and DICKEY John Corporation, among others.

Market Dynamics

Drivers

  • Increasing Concerns over Global Food Insecurity
  • Cost-Effective Farming Solutions
  • Favorable Government Initiatives and Investments
  • Growing Market Penetration of ICT in Farming

Restraints

  • High Initial Investment
  • Lack of Awareness and Infrastructure in Emerging Economies

Opportunities

  • Increasing Growth Opportunities in the Developing Countries
  • Advent of Agricultural Drones
  • Farm Data Management Using Big Data Analytics

Key Topics Covered

Executive Summary

1 Market Dynamics

2 Competitive Insights

3 Industry Analysis

4 Global Precision Agriculture Market (by Solution)

5 Global Precision Agriculture Market (by Application)

6 Global Precision Agriculture Market (by Region)

7 Company Profiles

  • AGCO Corporation
  • AgJunction
  • CNH Industrial
  • Deere & Company
  • DICKEY-john
  • DJI Innovations
  • Hexagon Agriculture
  • Raven Industries
  • Lindsay Corporation
  • Topcon Positioning Systems
  • Trimble Inc.
  • Valmont Industries Inc.
  • AG Leader Technology
  • Conservis Corporation
  • Farmers Edge
  • The Climate Corporation
  • FarmLogs
  • Iteris Inc.
  • 365FarmNet GmbH
  • Agrivi
  • Agroptima S.L
  • Granular Inc.

8 Research Scope and Methodology

9 Annexure A: List of Key Strategies and Developments (January 2015-May
2018)

For more information about this report visit https://www.researchandmarkets.com/research/zx6mmd/global_precision?w=4

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