Precision Farming Market Insights on Equipment and Applications to 2018 and 2020

DALLAS, October 28, 2014 /PRNewswire/ --

ReportsnReports.com adds 2014 precision farming market research reports with 2018 forecasts for precision farming equipment and 2020 outlook for the industry by technology, components, application and geography. Global Precision Farming Equipment Market 2014-2018 is a 50 pages research report while Precision Farming Market by Technology (GPS/GNSS, GIS, Remote Sensing & VRT), Components (Automation & Control, Sensors, FMS), Application (Yield Monitoring, VRA, Mapping, Soil Monitoring, Scouting) and Geography - Global Forecasts to 2020 is a 189 pages industry study. Complete reports are available at http://www.reportsnreports.com/reports/276801-global-precision-farming-equipment-market-2014-2018.html and http://www.reportsnreports.com/reports/268230-precision-farming-market-by-technology-gps-gnss-gis-remote-sensing-vrt-components-automation-control-sensors-fms-applications-yield-monitoring-vra-mapping-soil-monitoring-scouting-global-forecast-analysis-2013-2018-.html .

The total precision farming market is expected to reach $4.55 Billion by 2020, growing at a CAGR of 12.2% from 2014 to 2020. The precision farming market is expected to grow at a rapid pace. For the past few years the amount of electronic equipment and automation in farming has gradually increased and is helping the growers to increase their profitability and yield.Due to the emergence of Information Technology (IT) in agriculture the precision farming market is gaining momentum.The continuous growth in the global population is increasing the burden on usage of resources such as land, fertilizers, and water.These resources are scarce and hence the need to adopt technology based agriculture is increasing to feed the growing population with minimum usage of resources. The increasing government intervention and assistance to promote modern agricultural and site-specific farming techniques is further driving the demand for precision farming. In addition to that, factors such as crop health, high productivity, energy and cost saving, and the growing agro industry have created enough scope for precision farming products and their applications.

The 2014-2020 report on the precision farming market reviews latest market trends such as standardization of precision agriculture data and introduction of field robotics with a perceptive attempt to disclose the near future growth prospects. The burgeoning population has forced growers to maximize their yield; also the declining nutrition in crops has gained the focus of growers, agro-based companies, and government bodies to promote the modern agriculture technologies to maximize the yield. The precision farming market opens opportunities for advanced technologies such as field robotics and Unmanned Aerial Vehicles (UAVs).  An in-depth geographicanalysis provides strategic business intelligence for agricultural sector investments. The study reveals profitable investment strategies for agro-based companies, business executives, product marketing managers, new business investors and many more in preferred locations.

The competitive landscape section of the report primarily focuses on key industry players in the precision farming industry, their latest development, and respective share in the precision farming market. In addition to that, the report also entails emerging market trends, advancement in technological space, market segmentation, key growth areas and market size, region wise demand factors, and key competitors.

Companies profiled in Precision Farming Market by Technology (GPS/GNSS, GIS, Remote Sensing & VRT), Components (Automation & Control, Sensors, FMS), Application (Yield Monitoring, VRA, Mapping, Soil Monitoring, Scouting) and Geography - Global Forecasts to 2020 research report include Agco Corporation, Agjunction Inc., AG Leader Technology, Deere & Company, Dickey-John Corporation, Precision Planting Inc., Raven Industries Inc., Teejet Technologies, Topcon Precision Agriculture and Trimble Navigation Limited. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=268230 .

The Global Precision Farming Equipment Market 2014-2018 research report forecasts the industry to grow at 13.07% during 2013-2018. One of the key factors contributing to this market growth is the improved profitability that can be obtained by the adoption of precision farming technology. The Global Precision Farming Equipment market has also been witnessing the launch of improved and easier-to-use user interfaces, making the technology easier to operate. However, the expensive nature of this product could pose a challenge to the growth of this market.

This report, Global Precision Farming Equipment Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Precision Farming Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this space are Deere and Co., Precision Planting Inc., Raven Industries Inc., and Trimble Navigation Ltd. The other vendors mentioned in the report are AgJunction Inc., AGLeader Technology Inc., IntegriNautics Corp., Schmidt and Sons Inc., and Spraying Systems Co. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=276801 .

Key questions answered in this precision farming market report include: What will the market size be in 2018 and what will be the growth rate? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of each of these key vendors? List of Exhibits provided in this report include:

Exhibit 1: Market Research Methodology
Exhibit 2: Components of Precision Farming
Exhibit 3: Working Process of Precision Farming
Exhibit 4: Global Precision Farming Market 2013-2018 (US$ billion)
Exhibit 5: Global Precision Farming Market by Geographical Segmentation 2013
Exhibit 6: Business Segmentation of Deere and Company
Exhibit 7: Business Segmentation of Trimble Navigation Ltd
Exhibit 8: Business Segmentation of Raven Industries Inc.
Exhibit 9: Business Segmentation of Precision Plating Inc.

Explore more manufacturing and construction market reports as well as other research on semiconductor and electronics industry at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .

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