precision farming market in the us 2015-2019
TRANSCRIPT
Covered in this Report• The report covers the present scenario and the
growth prospects of the precision farming market in the US for 2015-2019.
• To calculate the market size, the report considers the revenue generated from the sales of precision farming systems and services.
• Technavio's report, Precision Farming Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• The report covers the market landscape and its growth prospects in the coming years.
• The report also includes a discussion of the key vendors operating in this market.
Precision Farming Market in the US
2015-2019
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Market Overview
• Precision farming is a farm management process, which is bringing about a paradigm shift in agriculture.
• It relies on technology to measure agricultural variables such as soil content, yield, and weed and utilizes precise information about agricultural resources, and subsequently apply specific treatments.
• This enables the producer to micromanage farming practices and improve production and profits while keeping resource use to a minimum.
• Technavio's analysts forecast the precision farming market in the US to grow at a CAGR of 16.04% during 2014-2019.
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Key Vendors and Regions
• Ag Leader Technology
• AgJunction
• Deere
• Dickey-John
• Teejet Technologies
• Trimble Navigation
• AGCO
• CNH Industrial
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• US
Vendors Regions
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Key Findings
• As farmers in the US grow increasingly wary of the effects of agriculture on the environment, they are taking steps to practice sustainable forms of farming.
• The environmental effects of farming can be reduced significantly by using precision farming methodologies, which help reduce the negative impact of agricultural pollutants, such as fertilizers and pesticides, on biodiversity and water quality through prescription farming.
• It can also help reduce the emission of greenhouse gases by reducing fuel use.
• Using eco-friendly and efficient agricultural equipment has thus become an important component in the shift toward sustainable agriculture.
• The adoption of eco-friendly plowing and cultivation machineries is expected to increase during the forecast period due to farmers' efforts to maintain environmental balance through the sustainable production of agricultural products.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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About Technavio
Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo
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Precision Farming Market in the US 2015-2019
75 Pages | SKU: IRTNTR6395
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