Precision Farming Market

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MarketsandMarkets Presents
Precision Farming Market Global Forecast
Analysis (2013 - 2018)

http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
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According to a new market research report
"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)" published by
MarketsandMarkets, the overall Global precision
farming market will be worth 3,721.27 million by
2018, at an estimated CAGR of 13.36. Browse
gtgt 94 data tables
64 figures 327
pages and in-depth TOC Chipless RFID
Market http//www.marketsandmarkets.com/Market-R
eports/precision-farming-market-1243.html Early
buyers will receive 10 customization on this
report.
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The ever increasing global food demands and
environmental issues have plagued the countries
across the globe there are growing concerns to
tackle both the issues, simultaneously. In this
challenging situation, precision farming presents
a way ahead by offering increasing yields, and at
the same time, reducing the wastage and
environmental degradation. Precision farming is a
technology based in-field management system that
optimizes the overall farming practices and input
resources. The major drivers for the global
market are profitability enhancement in the
yields, government assistance, energy cost
saving, and the growing agro industry. The
restraints for the growth of this market are high
initial investments, and lack of technical
know-how. The UAV (Unmanned Aerial Vehicle) and
penetration by broadband and mobile technologies
are the key opportunities in this
market. Inquire Before Buying _at_
www.marketsandmarkets.com/Enquiry_Before_Buying.as
p?id1243 The global market covers the entire
industry on the basis of technology, hardware
software component, application, and geography.
The technology section covers different GPS and
variable rate technologies, along with their
current and future estimations. Of all the major
technologies, variable rate technology is
expected to register higher adoption rates for
mass markets.
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The applications such as variable rate
applications and yield monitoring are expected to
be the major revenue generators for the Global
precision farming market. The geographical
analysis covers Americas, Europe, APAC and ROW
regions.The major companies involved in the
global industry are Deere Company (U.S.),
Trimble Navigation Ltd. (U.S.), Raven Industries
(U.S.), Precision Planting Inc. (U.S.), and
AgJunction Inc. (U.S.), among others. The U.S.
will remain the leading market in the Americas,
throughout the forecasted period, due to their
high adoption rate, financially strong growers,
and continuous development. The report covers the
global market on the basis of technology,
components, application and geography. The
technology section covers guidance systems such
as GPS, GIS, remote sensing and variable rate
technology categories, along with their current
and future adoption rates. The components section
covers automation control systems such as
display, GPS receivers, and auto-steer sensing
monitoring devices such as sensors, and yield
monitors and the farm management systems, which
include software and services. The application
section covers different verticals like yield
monitoring, variable rate application, field
mapping, soil monitoring, crop scouting, and
others. The geographical analysis covers
Americas, Europe, APAC, and ROW regions.
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