Dublin, Dec. 24, 2020 (GLOBE NEWSWIRE) -- The "Smart Agriculture Solutions - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Smart Agriculture Solutions Market is growing at a CAGR of 14.4% during the forecast period. An increase in adoption of multiple smart agriculture solutions by governments from all around the world is the major factor propelling the market growth. However, the high upfront cost for use of new agricultural equipment is hampering the market growth.
Smart agriculture tools are widely utilized in precision farming as they have resulted in improving farm efficiency and have helped framers maximize their crop yields. Moreover, yield monitoring is a major application of precision farming that helps identify the field variability information, which includes weather conditions, soil properties, and fertilizers.
Based on the application, the precision farming segment is estimated to have a lucrative growth due to the use of GPS allows precise mapping of farmlands. This, along with appropriate software, informs the farmers about the status of their crops, and identifies the area of the farm that requires water, fertiliser or pesticide, enabling them to make well-informed decisions.
By geography, North America is going to have a lucrative growth during the forecast period due to the producers or breeders in this domain are constantly employing high-level agriculture orderliness and accessories such as steering and administration policies, sensors, advertisement materials, and farm management software.
Variable Rate Technology
Tractor Collision and Obstacle Detection
Machinery Safety and Parameter Monitoring
Building and Premises Surveillance
Automated Machinery Guidance Control
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019 2020, 2024, and 2027
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
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Smart Agriculture Solutions Market, By Solution
6 Global Smart Agriculture Solutions Market, By Component
7 Global Smart Agriculture Solutions Market, By Product Type
8 Global Smart Agriculture Solutions Market, By Application
9 Global Smart Agriculture Solutions Market, By Geography
10 Key Developments
11 Company Profiling
Vodafone Group PLC
Trimble Navigation Ltd.
Site-Specific Technology Development Group, Inc.
SemiosBio Technologies Inc.
Salt Mobile SA
Reed Business Information Ltd
Raven Industries, Inc
Epicor Software Corporation
Dirt Road Data, Inc.
Deere & Co.
Cisco Systems Inc.
AgEagle Aerial Systems Inc.
Ag Leader Technology A1211
For more information about this report visit https://www.researchandmarkets.com/r/a2hofn
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