Precision Farming Market by Technology & Components

1
MarketsandMarkets Presents
Precision Farming Market (GPS/GNSS, GIS, Remote
Sensing VRT) worth 4.55 Billion by 2020

http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
2
According to a new market research report
"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" the total precision farming market is
expected to reach 4.55billion by 2020, growing
at a CAGR of 12.2 from 2014 to
2020. http//www.marketsandmarkets.com/Market-Rep
orts/precision-farming-market-1243.html Browse
72 Market Data Tables 73 Figures 189 pagesEarly
buyers will receive 10 customization on this
report.
http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
3
The need for precision farming products is
evolving and growing continuously. The precision
farming techniques are utilized for site specific
farming, which means better efficiency, high
yield, and profitability with optimum usage of
resources. Precision farming products have a
special place in different agro-based
applications. Precision agriculture techniques
find its major applications in yield monitoring,
Variable Rate Application (VRA), mapping, soil
monitoring, and crop scouting. The precision
farming market is expected to benefit from
emerging market investments that are lifting the
standards of agriculture, while the developed
markets are expected to continue investing in
more efficient precision farming techniques,
systems, and procedures, which offer high yields
and profits. The increasing demand for food is
pushing the growers to adopt precision farming
techniques and optimize their resources
efficiently with minimum wastages. The report
provides a detailed segmentation by technology,
component, and application.The geographic
analysis covers all existing and emerging
technologies in the precision farming market. The
market based on technology is segmented into
guidance system, remote sensing, and Variable
Rate Technology (VRT). The market based on
components is segmented into automation control
systems, sensing and monitoring devices, and Farm
Management System (FMS).
http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
4
The report also covers major applications of
precision farming techniques such as yield
monitoring, filed mapping, Variable Rate
Application (VRA), soil monitoring, and crop
scouting with qualitative and quantitative
industry insights. One of the objectives of the
report was to analyze market trends for each of
the precision farming market segments and their
respective growth rates. Apart from market
segmentation the report also covers an in-depth
analysis such as Porters five force analysis,
supply chain with a detailed process flow
diagram, and market dynamics such as drivers,
restraints, and opportunities for the precision
farming market. The market size for precision
farming is included in the report in four
geographic splits, namely- Americas, Europe,
Asia-Pacific, and Rest of the World (RoW). North
America is estimated to account for a major share
in the precision farming market, which is
expected to be followed by Europe and
Asia-Pacific. Moreover, the Asia-Pacific market
for precision farming is expected to grow at a
high rate.
http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
5
About MarketsandMarkets MarketsandMarkets is
worlds No. 2 firm in terms of annually published
premium market research reports. Serving 1700
global fortune enterprises with more than 1200
premium studies in a year, MM is catering to
multitude of clients across 8 different
industrial verticals. We specialize in consulting
assignments and business research across high
growth markets, cutting edge technologies and
newer applications. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MMs flagship competitive
intelligence and market research platform, "RT"
connects over 200,000 markets and entire value
chains for deeper understanding of the unmet
insights along with market sizing and forecasts
of niche markets. The new included chapters on
Methodology and Benchmarking presented with high
quality analytical infographics in our reports
gives complete visibility of how the numbers have
been arrived and defend the accuracy of the
numbers.
http//www.marketsandmarkets.com/Market-Reports/pr
ecision-farming-market-1243.html
6
Contact Us
Mr. Rohan North - Dominion Plaza, 17304 Preston
Road, Suite 800, Dallas, TX 75252Tel
1-888-6006-441     Email sales_at_marketsandmarket
s.com MarketsandMarkets Bloghttp//www.marketsan
dmarkets.comhttp//twitter.com/marketsmarkets htt
p//www.linkedin.com/company/marketsandmarkets