Global Connected Devices Market Report [2016-2020]

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Forecast on Global Precision Agriculture Market
2016 2022
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Summary
With an emerging need of precision agriculture to
manage inter and intra variability in the field,
crop or soil and ensure high productivity in
terms of quality and quantity both, the market is
estimated to witness a growth at a CAGR of 12.7
over the period of 2016 to 2022. The market
comprises of a combination of the hardware (GNSS/
GPS devices, sensing devices and others including
cameras displays) and the management systems
services. The growth in the market is accredited
to its products reducing overall costs,
increasing global food demand and economic boom
in the Asia-Pacific region.
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While highlighting the key driving and
restraining forces for this market, the report
also provides a detailed section of the
application areas of the precision agriculture
systems and solutions. It also details the key
participants involved in the industry. The report
answers the following questions about the Global
Precision Agriculture Market What are the
dominant components, services systems used in
precision agriculture? What are the different
application areas of precision agriculture?
Which is the most sought-after component of
precision agriculture technique? What are the
basic services systems in the precision
agriculture market? What is the revenue
generated by different components and
applications of precision agriculture?
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The report puts special emphasis on the market
share and size of the hardware components of
precision agriculture, owing to the changing
paradigms in the industry. In spite of this, due
to less awareness about the techniques and their
benefits, majority of people resist adopting
precision agriculture methods. The industry
analysis has evaluated the impact of the five
major forces to understand the overall
attractiveness of the industry. The most often
used strategy for developing a better hold on to
the market has been through product launches,
followed by mergers acquisitions. Moreover, the
company profile section includes highlights of
significant information about the key companies
involved along with their financial positions key
strategies, developmental activities of recent
years. Some of the key players involved in this
market are Lindsay Corporation, Yara
International, Deere Co., the Toro Company, and
CNH Industrial among others.
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The market data is given for the following
product segments Hair lacquers Hair
shampoos Hair straightening and waving
products Other hair products
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Among the key reasons to purchase include the
following- Gain an outlook of the historic
development, current market situation, and future
outlook of the hair product market in Turkey to
2020- Track industry developments and identify
market opportunities- Plan and develop
marketing, market-entry, market expansion, and
other business strategies by identifying the key
market opportunities and prospects- Save time
and money with the readily accessible key market
data included in this PDF format industry report.
The data is clearly presented and can be easily
incorporated into presentations and internal
reports.
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Executive Summary A strong emphasis on
sustainable development due to the environmental
issues has led to a global emergence of precision
agriculture technologies. The market is estimated
to reach 7.6 billion by 2022 at a CAGR of 12.7
through the forecast period. Increasing global
demand for food, economic boom in APAC regions,
and emerging technologies are some of the reasons
responsible for the growth of this market.
However, the market consists of some constraints
such as huge capital investment required, lack of
awareness, and data management issues which are
hampering its overall growth. The precision
agriculture market has been tracked along the
lines of its components, application areas, and
geography. Herein, the revenue generated from the
components i.e. hardware and management services
systems, is tracked in order to calculate the
market size.
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The hardware components used in precision
agriculture hold 85 of the market, the
management systems and services, though
significant, hold lesser share. The high price
and maintenance costs of the hardware add up to
form the reasons leading to their domination on
the market at present and in the forecast period.
These are divided into GNSS/ GPS devices, sensing
devices and others (including cameras
displays). The section of GNSS/ GPS devices
further segmented and analyzed into its various
applications areas. These are the maximum used
hardware of precision agriculture and are said to
be the backbone of this industry because it
assists the user in reducing the missing and
overlapping of the inputs in the field. Other
widely used devices are the sensors, which sense
and calculate the input requirements of the soil
and crop.This report covers the global
precision agriculture market, and consequently
provides the revenue of the key regions North
America, Europe, Asia-Pacific (APAC), and Rest of
the World (ROW).
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Table of Contents
1 EXECUTIVE SUMMARY 2 REPORT SCOPE
METHODOLOGY 3 MARKET DYNAMICS 4 COMPETITIVE
LANDSCAPE 5 PRECISION AGRICULTURE MARKET, BY
COMPONENTS 6 PRECISION AGRICULTURE MARKET 7
GEOGRAPHIC ANALYSIS PRECISION AGRICULTURE
MARKET 8 KEY COMPANY PROFILES
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