Press release
Precision Agriculture Market Size, Share, Trends, Report and Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global precision agriculture market size reached a value of USD 7.66 billion in 2023. Aided by the escalating demand for sustainable farming practices and the integration of cutting-edge technologies into agriculture, the market is projected to further grow at a CAGR of 13.40% between 2024 and 2032 to reach a value of USD 16.22 billion by 2032.
Precision agriculture, often termed as smart farming, integrates a suite of technologies such as GPS, IoT devices, data analytics, and sensors to optimise crop yields and increase profitability while minimising waste, energy, and environmental impact. Its overarching goal is to harness technology to make farming more accurate, controlled, and sustainable.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/precision-agriculture-market/requestsample
One of the paramount factors driving the precision agriculture market growth is the burgeoning global population. With a rapidly rising world population, the demand for food has escalated exponentially, prompting farmers and agricultural enterprises to adopt efficient and technologically advanced farming methods. Precision agriculture fits perfectly into this paradigm, offering solutions that can significantly boost crop yields and reduce input costs.
Additionally, as concerns regarding environmental sustainability and the adverse impacts of traditional farming practices mount, there's an increasing inclination toward sustainable agricultural methods. Precision agriculture provides farmers with the tools and insights to use resources like water, fertiliser, and pesticides more judiciously, thereby contributing to environmental conservation.
The digital revolution has left no industry untouched, and agriculture is no exception. The growing integration of technologies like IoT, machine learning, and AI into farming is yet another catalyst influencing the precision agriculture market outlook. These technologies enable real-time monitoring of soil, weather, and crop conditions, allowing farmers to make data-driven decisions that can optimise yields and enhance crop quality.
Get a full report with table of content - https://www.expertmarketresearch.com/reports/precision-agriculture-market
Another dimension bolstering the precision agriculture market is the increasing governmental support in several countries. Recognising the myriad benefits of precision farming, numerous governments worldwide are offering incentives, subsidies, and training programs to encourage farmers to adopt these futuristic farming techniques. Such initiatives not only promote sustainable farming practices but also pave the way for the industry's growth.
Moreover, with the surge in demand for organic produce, precision agriculture presents a tangible solution. By enabling farmers to reduce their reliance on synthetic fertilisers and pesticides, precision farming plays a pivotal role in promoting organic farming. This not only aligns with the consumer shift towards organic products but also augments the precision agriculture market demand.
Precision Agriculture Market Segmentation
The market can be divided based on technology, type, component, application, and region.
Market Breakup by Technology
• GNSS/GPS Systems
• GIS
• Remote Sensing
• Variable Rate Technology (VRT)
• Others
Market Breakup by Type
• Automation and Control Systems
• Sensing and Monitoring Devices
• Farm Management Systems
Market Breakup by Component
• Hardware
• Software
Market Breakup by Application
• Mapping
• Crop Scouting
• Yield Monitoring
• Soil Monitoring
• Precision Irrigation
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global precision agriculture market. Some of the major players explored in the report by Expert Market Research are as follows:
• AGCO Corporation
• Deere & Company
• Raven Industries, Inc.
• Trimble Inc.
• Bayer AG
• CNH Industrial America LLC.
• Farmers Edge Inc.
• Fairport Farm Software
• Granular, Inc.
• Grownetics, Inc.
• IBM
• Proagrica
• Others
Read our Trending Posts:
https://fnetchat.com/read-blog/186679_securing-tomorrow-navigating-opportunities-and-challenges-in-the-dynamic-global.html
https://isig.ac.cd/alumni/blogs/4218/Understanding-the-Flourishing-Dynamics-of-the-Global-Wheat-Market-Trends
https://buzz.talknewyorkcity.com/post/unveiling-the-kernel-exploring-the-global-corn-market-s-growth-trajectory-c-65968b177d08ef90ede7ae85
https://writeupcafe.com/ventilating-growth-unveiling-the-dynamics-of-the-global-hvac-market/
https://www.linkedin.com/pulse/overview-united-kingdom-asset-management-market-mayank-singhania-dcdlc/
Media Contact:
Company Name: Claight Corporation
Contact Person: Kevin Jonathan, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
Precision agriculture, often termed as smart farming, integrates a suite of technologies such as GPS, IoT devices, data analytics, and sensors to optimise crop yields and increase profitability while minimising waste, energy, and environmental impact. Its overarching goal is to harness technology to make farming more accurate, controlled, and sustainable.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/precision-agriculture-market/requestsample
One of the paramount factors driving the precision agriculture market growth is the burgeoning global population. With a rapidly rising world population, the demand for food has escalated exponentially, prompting farmers and agricultural enterprises to adopt efficient and technologically advanced farming methods. Precision agriculture fits perfectly into this paradigm, offering solutions that can significantly boost crop yields and reduce input costs.
Additionally, as concerns regarding environmental sustainability and the adverse impacts of traditional farming practices mount, there's an increasing inclination toward sustainable agricultural methods. Precision agriculture provides farmers with the tools and insights to use resources like water, fertiliser, and pesticides more judiciously, thereby contributing to environmental conservation.
The digital revolution has left no industry untouched, and agriculture is no exception. The growing integration of technologies like IoT, machine learning, and AI into farming is yet another catalyst influencing the precision agriculture market outlook. These technologies enable real-time monitoring of soil, weather, and crop conditions, allowing farmers to make data-driven decisions that can optimise yields and enhance crop quality.
Get a full report with table of content - https://www.expertmarketresearch.com/reports/precision-agriculture-market
Another dimension bolstering the precision agriculture market is the increasing governmental support in several countries. Recognising the myriad benefits of precision farming, numerous governments worldwide are offering incentives, subsidies, and training programs to encourage farmers to adopt these futuristic farming techniques. Such initiatives not only promote sustainable farming practices but also pave the way for the industry's growth.
Moreover, with the surge in demand for organic produce, precision agriculture presents a tangible solution. By enabling farmers to reduce their reliance on synthetic fertilisers and pesticides, precision farming plays a pivotal role in promoting organic farming. This not only aligns with the consumer shift towards organic products but also augments the precision agriculture market demand.
Precision Agriculture Market Segmentation
The market can be divided based on technology, type, component, application, and region.
Market Breakup by Technology
• GNSS/GPS Systems
• GIS
• Remote Sensing
• Variable Rate Technology (VRT)
• Others
Market Breakup by Type
• Automation and Control Systems
• Sensing and Monitoring Devices
• Farm Management Systems
Market Breakup by Component
• Hardware
• Software
Market Breakup by Application
• Mapping
• Crop Scouting
• Yield Monitoring
• Soil Monitoring
• Precision Irrigation
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global precision agriculture market. Some of the major players explored in the report by Expert Market Research are as follows:
• AGCO Corporation
• Deere & Company
• Raven Industries, Inc.
• Trimble Inc.
• Bayer AG
• CNH Industrial America LLC.
• Farmers Edge Inc.
• Fairport Farm Software
• Granular, Inc.
• Grownetics, Inc.
• IBM
• Proagrica
• Others
Read our Trending Posts:
https://fnetchat.com/read-blog/186679_securing-tomorrow-navigating-opportunities-and-challenges-in-the-dynamic-global.html
https://isig.ac.cd/alumni/blogs/4218/Understanding-the-Flourishing-Dynamics-of-the-Global-Wheat-Market-Trends
https://buzz.talknewyorkcity.com/post/unveiling-the-kernel-exploring-the-global-corn-market-s-growth-trajectory-c-65968b177d08ef90ede7ae85
https://writeupcafe.com/ventilating-growth-unveiling-the-dynamics-of-the-global-hvac-market/
https://www.linkedin.com/pulse/overview-united-kingdom-asset-management-market-mayank-singhania-dcdlc/
Media Contact:
Company Name: Claight Corporation
Contact Person: Kevin Jonathan, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
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