The precision farming market is growing with a considerable rate due to augmented yield and profitability of the agriculture industry. The growing population and government assistance to farmers are other factors responsible for the growth of the global precision farming market. Penetration of broadband and mobile technologies and unmanned aerial vehicles (UAV) applications are some of the factors providing ample opportunities to the precision farming market to grow in the coming years.
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On the basis of technology, the precision farming market can be categorized as variable rate technology (VRT), remote sensing, and guidance systems. Variable rate technology includes variable rate pesticide, variable rate fertilizer, and variable rate seeding. Remote sensing includes satellite and handheld; and guidance systems include geographic information system, global positioning system, global navigation satellite system (GNSS), and geographic information system (GIS).
On the basis of hardware the global precision farming market can be categorized as sensing and monitoring devices, automation and control system, climate sensor, and water sensor. Sensing and monitoring devices include soil sensors and yield monitors. Automation and control system include mobile devices, guidance and steering, flow and application control devices, display, and global navigation satellite system or global positioning system. On the basis of farm management systems, the precision farming market can be categorized as consulting and services, and software.
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Some of the factors driving the growth of the precision farming market include increasing awareness among farmers about cost and energy saving through this technology, enhanced crop health and inextricable link between sustainable development and precision farming. Abundance of available arable lands around the globe is providing ample opportunities to the growth of precision farming market in the coming years. Some of the restraints in the precision farming market include absence of dedicated education of precision farming among the farming sector, high initial investment, lack of standards and constraints on exchange of data between systems, and shortage of technical acumen.
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Some of the competitors in the precision farming market are Teejet Technologies, LLC, Dickey-John Corporation, AGCO Corporation, Trimble Navigation Limited, Precision Planting Inc., Ag Leader Technology, Inc., Deere & Company, Agjunction Inc., Raven Industries Inc. and Topcon Precision Agriculture Pty. Ltd.
Get a free sample of this research report: https://www.psmarketresearch.com/market-analysis/precision-farming-market/report-sample
On the basis of technology, the precision farming market can be categorized as variable rate technology (VRT), remote sensing, and guidance systems. Variable rate technology includes variable rate pesticide, variable rate fertilizer, and variable rate seeding. Remote sensing includes satellite and handheld; and guidance systems include geographic information system, global positioning system, global navigation satellite system (GNSS), and geographic information system (GIS).
On the basis of hardware the global precision farming market can be categorized as sensing and monitoring devices, automation and control system, climate sensor, and water sensor. Sensing and monitoring devices include soil sensors and yield monitors. Automation and control system include mobile devices, guidance and steering, flow and application control devices, display, and global navigation satellite system or global positioning system. On the basis of farm management systems, the precision farming market can be categorized as consulting and services, and software.
Explore report at: https://www.psmarketresearch.com/market-analysis/precision-farming-market
Some of the factors driving the growth of the precision farming market include increasing awareness among farmers about cost and energy saving through this technology, enhanced crop health and inextricable link between sustainable development and precision farming. Abundance of available arable lands around the globe is providing ample opportunities to the growth of precision farming market in the coming years. Some of the restraints in the precision farming market include absence of dedicated education of precision farming among the farming sector, high initial investment, lack of standards and constraints on exchange of data between systems, and shortage of technical acumen.
Make enquiry before buying the report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=precision-farming-market
Some of the competitors in the precision farming market are Teejet Technologies, LLC, Dickey-John Corporation, AGCO Corporation, Trimble Navigation Limited, Precision Planting Inc., Ag Leader Technology, Inc., Deere & Company, Agjunction Inc., Raven Industries Inc. and Topcon Precision Agriculture Pty. Ltd.
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