Precision Farming Market Canvassed by MarketsandMarkets in Cutting-Edge Report Published at MarketPublishers.com26 Sep 2013 • by Natalie Aster
LONDON – The global precision farming market is forecast to record a 13.36% CAGR through 2018 and go beyond USD 3.71 billion by 2018. The market growth is likely to be driven by growing world population, governmental regulations and increasing demand for food. High initial investments and lack of awareness are the major restraints of the market. APAC is one of the most promising precision farming markets, which is poised to witness a 25.16% CAGR through 2018.
Topcon positioning systems, AGCO, Precision Planting, Raven Industries, Deere & Co. and Trimble Navigation are among the leading companies active in the world precision farming market.
New 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)” prepared by MarketsandMarkets offers an insightful analysis of the world precision farming market.
The report presents comprehensive market assessment by technologies, components, applications and geography. It describes the actual market state and provides insights into the industry’s historic background, examines key factors shaping the market, contains detailed value chain analysis and Porter’s five forces analysis. The research report delves into the competitive environment, reviews the leading market players, covers recent developments in the precision farming industry and also discussed the most important industry trends and issues. Moreover, the future forecast for the precision farming market is available in the 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: September, 2013
Price: US$ 4,650.00
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