According ResearchForMarkets in its latest research report on the “Global Precision Agriculture Systems Market Insights, Forecast to 2025” focuses on the major drivers, top key players and offers vital insights on every market segment in terms of market size analysis for precision agriculture systems across the different regions. Although market statistics information to gain the changing dynamics and future of the global market.
Global Precision Agriculture Systems Market size will increase to 6950 Million US$ by 2025, from 2830 Million US$ in 2017, at a CAGR of 11.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Precision Agriculture Systems.
The key consumption markets locate at developed countries. The North America takes the market share of around 50% in 2017, followed by Europe with 26.7%. APAC’s consumption market has a quicker growing speed, with a market share of 17.6%.
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The global precision agriculture systems market is highly fragmented and the top key players have used various strategies such as new product launches, sales, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of precision agriculture systems market for global, United States, Europe, China, Japan, Southeast Asia, India and Central & South America.
This report focuses on the top manufacturers’ Precision Agriculture Systems capacity, production, value, and price and market share in global market. The following manufacturers are covered in this report:
- Deere & Company
- CropMetrics LLC
- Trimble Agriculture
- Valmont Industries
- AGCO Corporation
- Dickey-John Corporation
- Monsanto Company
- Ag Leader Technology
- CNH Industrial
- Raven Industries
- SST (Proagrica)
- TeeJet Technologies
- Topcon Positioning Systems
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Precision Agriculture (PA) is a farming management concept based upon observing, measuring and responding to agriculture. It was born in early 1990s for introduction of GPS guidance for tractors. Now it is a dynamic industry that mentioned lots of technologies, such as ecological based principles, plant genetics, technological advances in planting and application equipment and plant and soil sensors, and knowledge to vary management, to improve system efficiency, resilience, and adaptability.
This study categorizes the global precision agriculture systems breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
In this study, the years considered to estimate the market size of Precision Agriculture Systems are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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