Precision Farming Market Market is expected to grow with a CAGR of 12.10% from 2022 to 2028
As stated by our extensive report, providing insights on Type and Applications, the global 3D Printing Ceramic market accounted for 15,444.94 USD Million in 2020.
Precision agriculture can be defined as “the application of modern information technologies to provide, process and analyze multi-source data of high spatial and temporal resolution for decision making and operations in the management of crop production
Software in Precision farming is driven mainly by mobile technology assimilation with farming techniques, increasing use of agricultural software for the rising demand of real-time management of data via cloud computing, ad farm efficiency. Other factors like, the government’s support to adopt contemporary techniques in agriculture and strengthening of IPRs over agriculture innovations have contributed further to Precision Farming Market Market growth. This software is going to be the new way of agriculture which people would adopt worldwide. Furthermore, increasing food demand due to the ever-growing population will also boost the Precision Farming Market Market growth rate.
However, complexities that are involved in the management of information for productive decision-making can impose a key threat to the growth of the Precision Farming Market Market. Restricted technical skills and knowledge of growers or farmers will act as Precision Farming Market Market restraint. Huge investment in primary business capital will dampen the Precision Farming Market Market growth.
North America is the largest market. The market growth is accelerated primarily by the growing demand for, sprayer and fertilizer controllers, Real-Time Kinetic technology, robotics, variable rate irrigation, remotes sensing networks, and technologies. Agri-vision, AgLeader, Blue River Technologies, Farm Works, Crop Venture Incorporated, Holland Scientifics are some of the companies based in the U.S. market in precision agriculture (software-based).
Weather forecasting and tracking application are anticipated to grow a significant CAGR for the Precision Farming Market Market. The growth is owing to the growing awareness of farmers to get the data of weather conditions so that they can plan their farm operations beforehand. In the Asia Pacific, most of the crop production is dependent mainly on rains. This determinant plays a key role in the weather forecasting and tracking application growth in the Precision Farming Market market.
Some of the prominent players operating in the global 3D Printing Ceramic market are Deere & Company (U.S.), Trimble, Inc. (U.S.), Raven Industries Inc. (U.S.), AgJunction, Inc. (U.S.), AGCO Corporation (U.S.), Farmeron, Inc. (U.S.), Airinov (France), Microdrones GmbH (Germany), OnFarm Systems (U.S.), and PrecisionHawk (U.S.)..
Browse the full Report - Precision Farming Market Size, Share & Trends Analysis Report by Delivery model (Local/Web Based, Cloud Based), by Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting), by Service Provider (System Integrators, Managed Services Providers, Assisted Professional Services Providers, Connectivity Services Providers), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)