IS FARMING INDUSTRY READY FOR BIG CHANGE IN PRECISION TECHNIQUES ??

GLOBAL MARKET OUTLOOK AND ANALYSIS OF PRECISION FARMING

Precision agriculture (PA), satellite farming or site specific crop management (SSCM) is a farming management concept based on observing, measuring and responding to inter and intra-field variability in crops. The goal of precision agriculture research is to define a decision support system (DSS) for whole farm management with the goal of optimizing returns on inputs while preserving resources

Global Precision Farming Market is valued at $ xx million in 2018, growing at a CAGR of X% and is expected to reach $ xx million by 2023.

Advances are progressively being created and connected on ranches to keep up maintainability in homestead generation. Be that as it may, the appropriation of these advances with the point of accomplishing manageability includes vulnerability and exchange offs. The elements that are encouraging the reception of feasible cultivating innovations incorporate better instruction and preparing of ranchers, sharing of data, simple accessibility of budgetary assets, and expanding buyer interest for natural sustenance.

Advanced cultivating innovation incorporates cloud-based programming instruments and keen advances, for example, cross breed programming/equipment items. These shrewd items speak with other associated gadgets remotely. Agriculturists are progressively embracing such innovations to remain ahead in the aggressive commercial center. IoT-based methodologies prompt lower chances and enhanced profitability for cultivators. Through such methodologies, the information gathering process is totally computerized, along these lines lessening the expense of work. With the developing populace and environmental change, homesteads of all sizes are confronting difficulties to build the product yield. Such difficulties can be tended to utilizing IoT sensors, for example, field sensors.

Precision agriculture has also been enabled by unmanned aerial vehicles like the DJI Phantom which are relatively inexpensive and can be operated by novice pilots. These agricultural drones can be equipped with hyperspectral or RGB cameras to capture many images of a field that can be processed using photogrammetric methods to create orthophotos and NDVI maps.

This report aims to estimate the Global Precision Farming Market for 2018 and to project the expected demand of the same by 2023. This market research study provides a detailed qualitative and quantitative analysis of the Global Precision Farming Market. It provides a comprehensive review of major drivers and restraints of the market. Major companies such as AG Leader Technology, AGCO Corporation, Agjunction, Inc., Cropmetrics LLC, Teejet Technologies, etc. are profiled in this report. Global Precision Farming Market is also segmented into major application and geographies.

Various secondary sources, such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of Global Precision Farming Market have been used. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of Global Precision Farming Market.

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