Press release
Precision Farming Market Is Likely to Experience a Tremendous Growth in Near Future
Precision Farming
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Major players profiled in the study are:
BASF SE (Germany), AGCO Corporation (United States), AG Junction Inc. (United States), Syngenta AG (Switzerland), John Deere Co. (United States), Dickey-john Corporation (United States), Yara International ASA (Norway), E. I. Du Pont De Nemours and Company (United States), Land O'lakes Inc. (United States), Raven Industries Inc. (United States)
Scope of the Report of Precision Farming
Precision Farming is normally defined as an information and technology based farm management system to identify, analyze and manage variability within fields for optimum profitability, sustainability and protection of the land resource. In this method of farming, new information technologies can be used to make better decisions about many aspects of crop production. The precision farming includes looking at the increased efficiencies that can be realized by understanding and dealing with the natural variability found within a field. The main aim is not to obtain the same yield everywhere, but rather to manage and distribute inputs on a site specific basis to maximize long term cost or benefits. This approach of farming is helping many farmers worldwide to maximize the effectiveness of crop inputs.
On February 26, 2019 - BASF has expanded its pipeline of solutions for agriculture significantly and by 2028, will launch innovations with projected peak sales of more than €6 billion. The pipeline contains a wealth of chemical and biological crop protection products, seeds and traits, as well as digital solutions. This will further strengthen the company’s leading position in innovative and sustainable agriculture.
On December 12, 2018 â€" Planet, an integrated aerospace and data analytics company, and BASF today announced a commercial deal to deliver timely satellite imagery and data to European farmers to enable more effective agronomic decision making. BASF will use Planet’s daily, global satellite imaging to develop analytics to power field zone metrics and insights for its digital farming platform, marketed under the xarvioTM brand.
The Global Precision Farming Market segments and Market Data Break Down are illuminated below:
by Application (Yield Monitoring, Field Mapping, Crop Scouting), Technology (Geographic Information System, Telematics, Variable Rate Technology, Global Positioning System, Remote Sensing), Component (Hardware, Software, Services)
Market Opportunities:
• Introduction of Agricultural Drones
• Usage of Big Data Analytics for Farm Data Management
•
Market Drivers:
• Increasing Awareness Regarding IoT Devices and Advanced Analytics Among Farmers
• Growing Concerns over Global Food Insecurity
• Favorable Government Investments and Initiatives
•
Market Trend:
• Rising Trend of Maximizing Farming Resources in a Sustainable Manner
• Lucrative Farming Solutions
•
What can be explored with the Precision Farming Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Precision Farming Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Precision Farming
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Precision Farming Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Precision Farming market
Chapter 2: Exclusive Summary - the basic information of the Precision Farming Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Precision Farming
Chapter 4: Presenting the Precision Farming Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2022
Chapter 6: Evaluating the leading manufacturers of the Precision Farming market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Precision Farming Market is a valuable source of guidance for individuals and companies.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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