Tag Archives: Precision Agriculture Market

Global Precision Agriculture Market Size, Status, Analysis by Regions and Forecast 2025

Market Highlights:

The technology has the potential to enhance the field yield, reducing the production cost with the help of advanced IT based agriculture method such as artificial intelligence and Big Data analysis. Furthermore, the factor facilitating the increasing adoption rate includes training and better education of farmers, easy availability of financial resources, growing demand for organic food and sharing of information.

IoT based farming approaches has reduced the risks, improving the productivity for cultivators. With the increasing population and climate changing conditions, the farmers are facing challenges for increasing the crop yield. Therefore, IoT sensors such as field sensors assist in overcoming these challenges. Field sensor encompasses thermal, soil moisture, nutrition, and growth monitoring along with weed detection.

Global Precision Agriculture Market Key Insights and Booming Factor Supporting Growth till 2025

North America is accounted for major share in 2016

North America region held the major share of the market in 2015 owing to the increasing adoption of the advanced agricultural solutions and equipment such as sensors, steering and guidance systems, farm management software and display devices. Asia Pacific region is also expected to grow significantly over the forecast period.

Market Highlights:

The technology has the potential to enhance the field yield, reducing the production cost with the help of advanced IT based agriculture method such as artificial intelligence and Big Data analysis. Furthermore, the factor facilitating the increasing adoption rate includes training and better education of farmers, easy availability of financial resources, growing demand for organic food and sharing of information.

Precision Agriculture Market: Share, Revenue and Cost Analysis with Key Company’s Profiles-Forecast to 2025

Market Scenario

The global precision agriculture market is also referred as the precision farming was valued at USD 3.08 in 2015 and is expected to grow significantly over the forecast period. The agriculture sector is rapidly facing technological advancements with the increasing need of efficient production to supply to the rising demand of food consumption. Rising adoption of new technologies for reducing the production cost and increasing the food efficiency is further anticipated to drive the market growth.

Report explores the Global Precision Agricultural systems Market

Definition:

Precision agricultural systems market is a modern farming technique used for measuring, observing and responding to the field variability’s in crops cycle. With the help of this system, farmers can break down a large field into smaller group of fields and manage them effectively. This results in reduced misapplication of crops and increase farm productivity and efficiency. By studying certain attributes of the filed using precision agriculture, farmers can produce more food at a fraction of the cost. In addition, to conserving soil for sustainable food production.

Precision Agriculture Market Trends, Outlook, Overview and 2025 Forecast

Market Overview

The global precision agriculture market is also referred as the precision farming was valued at USD 3.08 in 2015 and is expected to grow significantly over the forecast period. The agriculture sector is rapidly facing technological advancements with the increasing need of efficient production to supply to the rising demand of food consumption. Rising adoption of new technologies for reducing the production cost and increasing the food efficiency is further anticipated to drive the market growth.