This growth of the crop monitoring market can be attributed to the measures taken by governments of several countries to meet the rising demand for food. Rising adoption of the global navigation satellite system, which helps farmers to perform real-time crop vegetation index monitoring, is contributing to growth of the market for crop monitoring. Increasing preferences by farmers to enhance agricultural productivity is likely to boost the demand for crop monitoring solutions in the near future. Rising labor wages led by the declining agricultural workforce in developed economies has resulted in the shift of preference toward automation operations achieved through usage of artificial intelligence (AI) and Internet of Things (IoT) in the agriculture sector.
The report on the global Crop Monitoring market provides a panoramic view of the current market scenario and takes into account the impact of the COVID-19 pandemic on the overall market growth and its key segments. The report offers a crystal clear understanding of the fluctuations in the market dynamics and trends during the projected timeline. The report also considers the factors likely to impact the market growth and overall dynamics of the market. The study also assesses the market growsth over the forecast period of 2020-2027, along with a particular focus on the trends, growth opportunities, trends, restraining factors, and limitations.
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The report is an investigative study that analyzes the production and manufacturing capacities, value chain analysis, pricing analysis, market share, and growth rate of the key manufacturers from 2020 to 2027. The report analyzes the expansion strategies of the businesses in key regions of the world viz., North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report also covers a thorough analysis of the mergers and acquisitions, joint ventures, collaborations, along with an extensive SWOT analysis and Porter’s Five Forces analysis.
Prominent Players of the Crop Monitoring Market are: Yara International, Topcon Corporation, The Climate Corporation (a subsidiary of Bayer), Precision Hawk, Trimble, Deere & Company, Raven Industries, AGCO Corporation, AgJunction, and Lindsay Corporation.
The report also covers the basics of the Crop Monitoring market, along with a thorough analysis of the applications, market overview, product portfolio, manufacturing processes, raw materials, cost analysis, and others. The report further estimates the growth of the market in the key regions of the world with regard to production and consumption ratio, supply and demand dynamics, import/export, trends and demands, and the revenue contribution.
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Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Crop Monitoring market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
Crop Monitoring Market segmentation
Technology Outlook (Revenue, USD Billion; 2017–2027)
Variable Rate Technology
Sensing & Imagery
Automation & Robotics
Offering Outlook (Revenue, USD Billion; 2017–2027)
Software
Hardware
Services
Application Outlook (Revenue, USD Billion; 2017–2027)
Soil Monitoring
Variable Rate Application
Field Mapping
Yield Mapping & Monitoring
Crop Scouting & Monitoring
Weather Tracking & Forecasting
Others
Regional Outlook (Revenue, USD Billion; 2017–2027)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
Key Questions Addressed in the Report:
Who are the prominent players of the Crop Monitoring market?
What is the expected growth rate of the Crop Monitoring market for the forecast timeline?
What are the recent mergers and acquisitions the industry has witnessed?
What are the key factors likely to drive or impede the growth of the market over the projected timeline?
What regions and segments are anticipated to show promising growth over the coming years?
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