Precision Farming Market Unidentified Segments – The Biggest Opportunity Of 2020

Precision Farming Market Unidentified Segments – The Biggest Opportunity Of 2020

Precision Farming
Precision Farming is normally defined as an information and technology based farm management system to identify, analyze and manage variability within fields for optimum profitability, sustainability and protection of the land resource.

The Global Precision Farming Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

What is Precision Farming?

Precision Farming is normally defined as an information and technology based farm management system to identify, analyze and manage variability within fields for optimum profitability, sustainability and protection of the land resource. In this method of farming, new information technologies can be used to make better decisions about many aspects of crop production. The precision farming includes looking at the increased efficiencies that can be realized by understanding and dealing with the natural variability found within a field. The main aim is not to obtain the same yield everywhere, but rather to manage and distribute inputs on a site specific basis to maximize long term cost or benefits. This approach of farming is helping many farmers worldwide to maximize the effectiveness of crop inputs.

What’s keeping BASF SE (Germany),AGCO Corporation (United States),AG Junction Inc. (United States),Syngenta AG (Switzerland),John Deere Co. (United States),Dickey-john Corporation (United States),Yara International ASA (Norway),E. I. Du Pont De Nemours and Company (United States),Land O’lakes Inc. (United States),Raven Industries Inc. (United States),Teejet Technologies Illinois LLC (United States),Monsanto Company (United States),Valmont Industries Inc. (United States),Topcon (United States),Trimble Navigation Limited (United States)ahead in the Market? Benchmark yourself with strategic steps and conclusions recently published by AMA

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The Global Precision Farming Market segments and Market Data Break Down are illuminated below:

by  Application (Yield Monitoring, Field Mapping, Crop Scouting), Technology (Geographic Information System, Telematics, Variable Rate Technology, Global Positioning System, Remote Sensing), Component (Hardware, Software, Services)

If you are involved in the Precision Farming industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date with some major players in the industry. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

Market Trends:

Rising Trend of Maximizing Farming Resources in a Sustainable Manner

Lucrative Farming Solutions

Market Challenges:

Concerns Regarding Privacy and Protection

Market Drivers:

Increasing Awareness Regarding IoT Devices and Advanced Analytics Among Farmers

Growing Concerns over Global Food Insecurity

Favorable Government Investments and Initiatives

Market Restraints:

Initial Investment Is High

Lack of Awareness and Infrastructure in Developing Countries

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Significant Facets concerning the Report:

•          Global Precision Farming Market Summary

•          Fiscal Effect on Economy

•          Global Precision Farming Market Competition

•          Global Precision Farming Market Analysis by Application

•          Industrial Chain, Down-stream Buyers and Sourcing Strategy

•          Distributors/Traders, Marketing Strategy Analysis

•          Facets, Market Effect, Diagnosis

•          Market Forecast

•          The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Global Precision Farming Market have also been included in the study.

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Strategic Points Covered in Table of Content of Precision Farming Market:

Chapter 1: Executive Summary

Chapter 2: Abbreviation and Acronyms

Chapter 3: Preface

3.1 Research Scope

3.2 Research Methodology

3.2.1 Primary Sources

3.2.2 Secondary Sources

3.2.3 Assumptions

Chapter 4: Market Landscape

4.1 Market Overview

4.2 Classification/Types

4.3 Application/End Users

Chapter 5: Market Trend Analysis

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Threats

Chapter 6: Industry Chain Analysis

6.1 Upstream/Suppliers Analysis

6.2 “Regulatory Affairs Outsourcing.” Analysis

6.2.1 Technology Analysis

6.2.2 Cost Analysis

6.2.3 Market Channel Analysis

6.3 Downstream Buyers/End Users

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Key questions answered

  • Who are the Leading key players and what are their Key Business plans in the Global Precision Farming market?
  • What are the key concerns of the five forces analysis of the Global Precision Farming market?
  • What are different prospects and threats faced by the dealers in the Global Precision Farming market?
  • What are the strengths and weaknesses of the key vendors?

Data Sources & Methodology:

The primary sources involves the industry experts from the Global Precision Farming Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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