United States Precision Farming Market 2015-2019 with Ag Leader Technology, AgJunction, John Deere, Dickey-John, Teejet Technologies & Trimble Navigation Dominating

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Aug 18, 2015, 09:10 ET

DUBLIN, Aug. 18, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/tv8zl4/precision_farming) has announced the addition of the "Precision Farming Market in the US 2015-2019" report to their offering.

The precision farming market in the US to grow at a CAGR of 16.04% during 2014-2019.

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Precision farming is a farm management process, which is bringing about a paradigm shift in agriculture. It relies on technology to measure agricultural variables such as soil content, yield, and weed and utilizes precise information about agricultural resources, and subsequently apply specific treatments. This enables the producer to micromanage farming practices and improve production and profits while keeping resource use to a minimum.

The report covers the present scenario and the growth prospects of the precision farming market in the US for 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of precision farming systems and services.

As farmers in the US grow increasingly wary of the effects of agriculture on the environment, they are taking steps to practice sustainable forms of farming. The environmental effects of farming can be reduced significantly by using precision farming methodologies, which help reduce the negative impact of agricultural pollutants, such as fertilizers and pesticides, on biodiversity and water quality through prescription farming. It can also help reduce the emission of greenhouse gases by reducing fuel use.

Using eco-friendly and efficient agricultural equipment has thus become an important component in the shift toward sustainable agriculture. The adoption of eco-friendly plowing and cultivation machineries is expected to increase during the forecast period due to farmers' efforts to maintain environmental balance through the sustainable production of agricultural products.

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