Crop Monitoring Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2027
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 authors of the study also offer a holistic view of the global crop monitoring market based on the earnings, volume, and sales recorded. The research report furnishes clear guidelines for players to intensify their market position in the global crop monitoring market. It prepares them to deal with potential challenges and optimize profitable opportunities by providing an extensive analysis of the market scenario. It also guides them to recognize new business goals simultaneously keeping track of the changes in the customer preferences, needs, and the vendor landscape of the global crop monitoring market.
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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key Players Profiled in the Report 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.
Emergen Research has segmented the global crop monitoring market in terms of technology, offering, application, and region:
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 Analysis of the Crop Monitoring Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Crop Monitoring market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Crop Monitoring business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Crop Monitoring market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Crop Monitoring market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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