Global Precision Farming Market 2019-2025: Digital Reinvention of Agriculture has Garnered Interest from Various Entities

News provided by

Feb 13, 2019, 15:00 ET

DUBLIN, Feb. 13, 2019 /PRNewswire/ --

The "Global Precision Farming Market - Focus on GNSS Agriculture Market Outlook 2025" report has been added to ResearchAndMarkets.com's offering.

Global Precision Farming Market - Focus on GNSS Agriculture Market Outlook 2025 provides in-depth analysis of the current scenario, detailed market outlook of the global precision farming market with coverage on GNSS agriculture market. Future forecasts of precision farming market overall and across various sub-segments till 2025 is provided in the report. Furthermore, major industry players have been prudently analyzed in the competitive landscape section of the report in order to provide key comparative insights.

Food security is fundamental to human existence. It is threatened by diminishing arable land, unfavorable climatic conditions, shrinking resources, pest attacks, etc. Food production has to rise by 70% by 2050 in order to effectively satiate needs of a growing population. The proliferation of agricultural technology has emerged as an indispensable tool in order to safeguard global food security. Precision farming refers to use of information technology in the agriculture domain for optimization of production. It employs key technologies such as Field Monitoring, Data Management, Variable Rate Applications and Automation in Agro Machinery.

Propagation of precision farming technologies in global agriculture market is propelled by growing demand for food products, increasing the need for optimal crop production, rising market penetration of smartphones, variability in climatic conditions and environmental gain. However, the market faces several challenges due to lack of data privacy, inadequate technological infrastructure and a dearth of skilled manpower.

The digital reinvention of agriculture has garnered interest from various entities. Investments in agriculture technology have been rising since past several years. AgTech has emerged as an economic sector internationally with continuous growth in capital inflow over medium- to long-term.

Major industry players operating in the global precision farming market include Deere & Company (U.S.), Trimble Navigation Ltd., Ag Junction (U.S.), Raven Industries Inc. (U.S.), Topcon Corporation, AGCO Corporation (U.S.), among others.

These players are profiled herein based on attributes such as business overview, product segments, and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in the global precision farming market.

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Agriculture Technology
3.1 Background
3.2 Overview
3.2.1 Agriculture Technology Value Chain
3.3 Major Technologies
3.4 Agriculture Type
3.4.1 Precision Farming
3.4.2 Livestock Monitoring
3.4.3 Fish Farming
3.4.4 Smart Greenhouse

4. Precision Farming
4.1 Overview
4.2 Key Technologies
4.2.1 Field Monitoring
4.2.2 Data Management
4.2.3 Variable Rate Applications (VRA)
4.2.4 Automation In Agro Machinery

5. Market Analysis
5.1 Market Sizing (Actual & Forecasted)
5.2 Market Share Analysis
5.2.1 Market Share by Application
5.2.2 Market Share by Components
5.2.3 Market Share by Region

6. Regional Analysis
6.1 North America
6.2 Asia Pacific
6.3 Europe
6.4 South America

7. GNSS-Agriculture
7.1 Overview
7.2 Market Analysis
7.2.1 Global GNSS Installed Base
7.2.2 Global GNSS Market Penetration
7.2.3 Global GNSS Devices Shipments by Application
7.3 Global GNSS Market by Region
7.3.1 North America- GNSS Installed Base
7.3.2 Europe- GNSS Installed Base
7.3.3 Asia Pacific GNSS Installed Base

8. Market Dynamics
8.1 Industry Trends & Developments
8.1.1 Rising Investments
8.1.2 Adoption of Blockchain Technology
8.1.3 Integration of GNSS positioning in FMIS
8.2 Growth Drivers
8.2.1 Growing Demand for Food Products
8.2.2 Need for Optimal Crop Production
8.2.3 Rising Market Penetration of Smartphones
8.2.4 Variability in Climatic Conditions
8.2.5 Environmental Gain
8.3 Challenges
8.3.1 Lack of Data Privacy
8.3.2 Inadequate Technological Infrastructure
8.3.3 Dearth of Skilled Manpower

9. Competitive Landscape

10. Company Profile
10.1 Deere & Company (U.S.)
10.2 Trimble Navigation Ltd.
10.3 Ag Junction (U.S.)
10.4 Raven Industries Inc. (U.S.)
10.5 Topcon Corporation
10.6 AGCO Corporation (U.S.)

For more information about this report visit https://www.researchandmarkets.com/research/kt9pvg/global_precision?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets