Advanced Farming Market to Record a 13.44% CAGR through 2022, States Infoholic Research in Its Latest Report Now Available at MarketPublishers.com
13 May 2016 • by Natalie Aster
LONDON – Nowadays, the agricultural industry feeds approximately 7.5 billion people worldwide. However, the environment is going through significant changes along with rapidly increasing global population number and remarkable technological advancements. Increasing pollution causes damage of crops and, at the same time, leads to changes in the life cycle of animals and plants, and also damage of crops. Therefore, the proper way to address this issue is to increase adoption of sensing technology to create intelligent farms. Advanced farming is aimed to improve the cultivation, to raise quality of fields, to improve monitoring of crop health and soil quality, to yield production, and also to reduce wastage.
The global advanced farming market is expected to be on the rise in the years to come, demonstrating a 13.44% CAGR from 2016 till 2022. The market growth will likely be supported by the escalating demand for food, rising adoption of advanced technologies in agriculture, favourable governmental initiatives and settlement of novel agricultural infrastructures.
Regionally, Americas are set to perform as the largest revenue contributor to the advanced farming market growth, while APAC and MEA are predicted to drive growth in the global market in the upcoming years.
Trimble Navigation, John Deere & Company, AGCO Corp., Agjunction Inc. and Raven Industries are among distinguished players in the worldwide advanced farming market.
In-demand research report “Advanced Farming Market” elaborated by Infoholic Research offers a detailed analysis of the global market for advanced farming. It includes a granular review of the major advanced farming technologies, applications and services; examines the current scenario across the key regional markets. Moreover, the report covers the latest developments in the advanced farming market as well as highlights the top investment trends. Profiles of outstanding market players and an in-depth analysis of the competitive landscape are at hand in the report. This report points out lucrative growth opportunities, scrutinizes possible challenges and provides forecasts for the world advanced farming market development through 2022.
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