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Precision Farming Market is expected to reach $14.09 billion by 2026

According to TMR, theGlobal Precision Farming Market is accounted for $3.92 billion in 2017 and is expected to reach $14.09 billion by 2026 growing at a CAGR of 15.3% during the forecast period. Some of the key factors influencing the market growth include adoption of new farming technologies for boosting agricultural production, growing proliferation of internet of things (iot) and use of advanced analytics by farmers and rising demand for food products. However, high initial investment in r&d is restricting the market growth.<br><br>Get Sample PDF Pages now with Some Benefits!! https://www.trendsmarketresearch.com/report/sample/12113 <br><br>

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Precision Farming Market is expected to reach $14.09 billion by 2026

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  1. Global Precision Farming Market Size Share Trend and Forecast 2026 Trends Market Research All rights Reserved. 2021 ©

  2. According to TMR, theGlobal Precision Farming Market is accounted for $3.92 billion in 2017 and is expected to reach $14.09 billion by 2026 growing at a CAGR of 15.3% during the forecast period. Some of the key factors influencing the market growth include adoption of new farming technologies for boosting agricultural production, growing proliferation of internet of things (iot) and use of advanced analytics by farmers and rising demand for food products. However, high initial investment in r&d is restricting the market growth. Precision farming also known as precision agriculture or site specific crop management (SSCM) is a farm management technique that uses information technology to observe, measure, and respond to intra and inter-field variability in crops and soil. It can help to supply the equivalent amount of food to the rising world population and helps farmers to achieve a greater suitability, higher productivity, economic benefits and environmental protection. Get Sample PDF Pages now with Some Benefits!! https://www.trendsmarketresearch.com/report/sample/12113 Amongst offering, Hardware segment is estimated to have a lucrative growth due to the high adoption of automation and control devices–drones/UAVs, GPS/GNSS, irrigation controllers, guidance and steering systems, yield monitors, and sensors. The increasing adoption of new technologies and advanced devices for precision farming is expected to drive the growth of the precision farming market for hardware. By Geography, The North America precision farming market is is likely to have a huge demand owing to mechanization and heavy dependence on technology for aiding agribusinesses. The factors that are backing the market growth in the region are estimated to be the increasing awareness about the quality of crops and the introduction of new initiatives to bring innovations to the sector. Trends Market Research All rights Reserved. 2021 ©

  3. Value XX$ 2020 2021 2022 2023 2024 2025 2026 2027 Axis Title Some of the key players in global Precision Farming market are Raven Industries Inc., Monsanto Company, BASF SE, AGCO Corporation, Trimble Navigation Limited, DICKEY-john Corporation, Valmont Industries Inc., Deere & Company, Yara International ASA, Lindsay Corporation, TeeJet Technologies, Land O'lakes Inc., Ag Junction Inc, Topcon Precision Agriculture and E.I. Du Pont De Nemours And Company (Dupont). Technologies Covered: • Remote Sensing • Guidance Technology • Variable-Rate Technology • High precision positioning systems • Geomapping Trends Market Research All rights Reserved. 2021 ©

  4. • Integrated electronic communication Offerings Covered: • Services • Software • Hardware • Other Hardware Components Applications Covered: • Financial Management • Crop Scouting • Yield Monitoring • Weather Tracking & Forecasting • Farm Labor Management • Irrigation Management • Field Mapping • Inventory Management • Waste management • Crop Management • Soil Monitoring • Personnel Management • Other Applications You can Buy This Report from Here @ https://www.trendsmarketresearch.com/checkout/12113/Single Trends Market Research All rights Reserved. 2021 ©

  5. What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Free Customization Offerings: All the customers of this report will be entitled to receive one of the following free customization options: • Company Profiling o Comprehensive profiling of additional market players (up to 3) o SWOT Analysis of key players (up to 3) • Regional Segmentation o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check) • Competitive Benchmarking o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances Get Discount on This Report: https://www.trendsmarketresearch.com/report/discount/12113 Trends Market Research All rights Reserved. 2021 ©

  6. Trends Market Research All rights Reserved. 2021 ©

  7. 1.1Primary Research  The global Digital Advertising Market is derived using a mix of bottom up and top down approach. To derive the global number for 2015 to 2019, the country wise revenue has been analyzed and summed up to Resources the regional market, which were further added up to Resources global market. Thus, each region has been considered as the separate market and validated using data triangulation  Historic estimation is an iterative process triangulated by multiple factors which include and not limited to adoption of Titanium 3D Printing Medical Devices, regulatory policies, prices of Titanium 3D Printing Medical Devices, and economic development of each country  Growth rate of the market has been determined by analyzing the trend of the parent and ancillary markets. Moreover, other factors such as research initiatives, funding overview, and regulatory framework in various countries have also been taken into consideration to derive the market growth rate  Pricing data was collected via actual quotes from manufacturers and company press releases on regional level. To avoid discrepancies in the pricing of various countries, regional prices have been considered for market estimation For forecasting, the following parameters were considered:  The base year considered for Digital Advertising Market is 2019. Market size from 2015-2019 are the actual revenues with forecasts from 2020 to 2026  As a part of company policy, we do not investigate publicly available reports, as these reports are not always coherent, sometimes even contradicting in their declarations of value. Also, we don’t have access to their reports  Manufacturers do not generally specify clientele, as it constitutes critical strategic information  Major players in the market were identified through primary as well as secondary research  Market drivers and restraints along with their current and expected impact has been taken into consideration  Inflation has not been taken into consideration while estimating the market Trends Market Research All rights Reserved. 2021 ©

  8. Financial data has been only provided for publicly listed companies. The information for privately held companies is sourced from the company websites and other reliable paid data sources 1.2Secondary data sources List of secondary sources includes but is not limited to:  Hoover’s  Factiva  Investor Presentations  Company Annual Reports  Many Others Trends Market Research All rights Reserved. 2021 ©

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