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Precision Farming Market to Cross $12bn by 2025: Global Market Insights, Inc.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/227 Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/227 Weather monitoring applications in the precision farming market will grow at a CAGR of over 16% from 2019 to 2025. As the agricultural sector is vulnerable to disruptive weather events, the demand for actionable & timely information increases. The real-time data regarding weather...
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https://www.gminsights.com/request-sample/detail/227

Weather monitoring applications in the precision farming market will grow at a CAGR of over 16% from 2019 to 2025. As the agricultural sector is vulnerable to disruptive weather events, the demand for actionable & timely information increases. The real-time data regarding weather conditions help farmers to increase their yield and reduce costs while minimizing crop damage risks.

The precision farming services market is projected to exhibit an accelerated growth of over 19% from 2019 to 2025 due to the large-scale adoption of integration, training, and maintenance services by users for efficiently managing precision farming functions. The demand for these services is expected to rise due to the lack of technical expertise of users to deploy, integrate, and maintain these solutions.

The Latin America precision agriculture market is estimated to grow at a CAGR of over 18% between 2019 and 2025. The market growth is attributed to the rising popularity of drones for precision farming applications and favorable government initiatives for brining innovation in the sector.

Browse key industry insights spread across 375 pages with 400 market data tables & 31 figures & charts from the report, in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/precision-farming-market

As far as the global revenue is concerned, according to a 2019 Global Market Insights, Inc. report., the precision farming market is poised to rise from USD 4 billion in 2018 to over USD 12 billion by 2025. The market growth is due to a huge support from governments for the adoption of advanced technologies such as AI and the IoT. These technologies help farmers in managing their resources and give access to real-time information through their smartphones, offering mobility and ease of use. Various government initiatives & subsidies and investments by private entities in the agriculture sector to improve farm productivity will result in the precision farming market growth.

Another factor contributing to the precision farming market growth is the huge use of drones and aircrafts for precision farming operations. Drones have emerged as an excellent alternative to the traditional surveying & data gathering methods in agricultural operations. By using drones for crop monitoring, farm owners can significantly lower their production costs and reduce required the man-hours and work-load. The players operating in the market are developing modern agriculture-focused drones with sophisticated precision & accuracy to increase productivity.

 https://www.gminsights.com/inquiry-before-buying/227

By Product (Equipment [Lighting Systems, Pumps & Irrigation Systems, Tanks, Sensors, Pipes, Climate Controllers, Meters & Solutions], Fruits, Vegetables & Herbs [Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Cucumber, Leafy Greens, Herbs], Aquatic Species [Tilapia, Bass, Trout, Salmon, Crab]), By Technology (Hydroponics, Aeroponics, Aquaponics), By Application (Indoor, Outdoor), Industry Analysis Report, Regional Outlook (U.S., Canada , Germany , UK, Netherlands , Belgium China, India , Japan , South Korea , Brazil , Mexico , Argentina , South Africa , GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

https://www.gminsights.com/industry-analysis/vertical-farming-market

By Product (Hardware [Fixed Wing, Multi Rotor, Nano, Hybrid], Software [Data Management, Imaging, Data Analytics]), By Application (Field Mapping, Variable Rate Application, Crop Scouting), Industry Analysis Report, Regional Outlook (U.S., Canada , Germany , UK, France , Italy , China , Japan , Australia , South Korea , India , Brazil , Mexico ), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/agricultural-drones-market

Global Market Insights, Inc., headquartered in Delaware , U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
 +1-302-846-7766
 1-888-689-0688
 sales@gminsights.com
 https://www.gminsights.com
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