Yield Monitoring Devices and Services Market by Technology (GPS/GNSS, GIS, Remote Sensing), Components (Sensors, GPS/GNSS, Display, Guidance & Steering, and Software & Services), Application, and Geography -Global Forecasts to 2020
LONDON, Dec. 2, 2014 /PRNewswire/ -- Yield monitoring devices and services allow farmers to assess effects of weather, soil properties, fertilizers, and pesticides on the yield production. For the past decade, due to the advent of innovative technologies, yield from agricultural practices has steadily increased and is helping growers to increase their profitability. The emergence of Internet of Things (IoT) and innovative data collection techniques are helping the yield monitoring devices and services market to grow rapidly. The steady growth in the global population is increasing the strain on usage of natural resources. These resources are scarce and hence, there is a need to minimize the usage of these resources. Yield monitoring devices and services follow the site-specific field management, which helps to recognize areas that have high productivity and are in need of more inputs. The yield monitoring industry, along with many universities, aims to provide information and a range of support initiatives that will enable growers to gain thorough understanding of yield monitoring services, and insight into its developments and support services.
This report provides latest industry trends such as automation, mechanization, standardization of yield monitoring devices, yield data collection and analysis, real-time soil moisture management systems, crop sensors, and prescription fertilizer applications. A detailed geographic analysis in this report provides critical business imperatives for agricultural sector investments. The study unfolds winning investment strategies for agro-based companies, business executives, product marketing managers, new business investors, and much more in preferred locations.
The report is segmented into hardware components and software solutions, technology, application, and geography. Major companies in this market are Ag Leader Technology (U.S.), Deere & Company (U.S.), Precision Planting Inc. (U.S.), Raven Industries Inc. (U.S.), AgJunction Inc. (U.S.), AGCO Corporation (U.S.), Trimble Navigation Limited (U.S.), Case IH (U.S.), TeeJet Technologies (U.S.), and Topcon Precision Agriculture (U.S.). The competitive landscape section of the report primarily focuses on key industry players in the yield monitoring devices and services industry, their newest updates, and respective share in the yield monitoring device and services market. In addition to this, the report also covers emerging market trends, advancements in the technological arena, market segmentation, key growth areas and market size, region-wise demand factors, and key competitors.
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