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(Transportation-News.com, March 20, 2018 ) The report “Global Precision Agriculture market is expected to reach USD 7.8 Billion by the year 2024, at a CAGR of 16% during forecast period. The Global Precision Agriculture Market Growth, the high growth in this sector is deemed to the growth in governmental incentives and subsidies,high-demand for food crops, need to pay attention to crop health, yield to increase the productivity and cost-effectiveness.
Precision agriculture is a farm management accession that uses IT to ensure that the soil, as well as, the crop receives the highest number of nutrients needed to maximize the production, thereby increasing crop yield. This approach helps to get real-time information about the plant health, requirements in the soil, weather predictions, and cost of labor obtained to complete a specific task on the field.
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
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Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
• A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
• All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
Global Precision Agriculture Market Top Players
• Associated British Foods PLC
• AGCO
• Deere & Company
• Valmont Industries
• BASF
• Monsanto Company
• Dupont Pioneer
• Lindsay Corporation
• Teejet Technologies
• Raven Industries Inc.
• Dicky-John Corporation
• Trimble Navigation Limited
• Case LH
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Global Feed Pigments Market: https://www.envisioninteligence.com/industry-report/global-feed-pigments-market/
Global Crop Monitoring Technology in Precision Farming Market: https://www.envisioninteligence.com/industry-report/global-crop-monitoring-technology-precision-farming-market/
Global Wheat Seed Market: https://www.envisioninteligence.com/industry-report/global-wheat-seed-market/
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