Agriculture Technology Market Futuristic Solution, Demand, Benefits, Leading vendors, Industry Trends & Developments, Challenges, Growth Drivers, Applications & Future Forecast by 2025

The market growth is primarily attributed to the increasing demand for the growing penetration of information and communication technology (ICT) in Agriculture. The market is experiencing growth as a result of increased awareness of the environmental benefits of agriculture technology.

Dallas, United States - May 16, 2019 /MarketersMedia/ —

The market of agriculture technology is mostly referred as smart agriculture where there is higher involvement of Internet of Things (IoT) technology and solutions which is capable of enhancing operational efficiency, minimize wastage and maximize yield with the help of real-time field data collection, development of control mechanism and data analysis. The agricultural retailers share in the United States alone that cater yield monitor data analysis was anticipated to take a leap of 58 percent in 2018 which was earlier 51 percent in 2015. Mostly, smart agriculture employs vast range of IoT-based applications like smart irrigation, precision farming, variable rate technology as well as smart greenhouses.

Get more insights at: Global Agriculture Technology Market 2019-2025

Agriculture is tremendously impacted by digital technologies, starting with autonomous robots that pick fruit to subterranean farms and holistically assisting in transformation of the agriculture industry. The adoption rate of digital technologies in agriculture has accelerated with a vigorous pace. In the agricultural industry, there is wide spectrum of digital technologies that fall under the category of “precision agriculture” and has undergone 360 degree turn in the approaches with which farmers handle or manage their crops.

The global agriculture technology market has been segmented by different agriculture types, offerings, applications and geography. Further, agriculture type segment of the market has been sub-segmented into precision farming, livestock monitoring, fish farming, smart greenhouses and others (orchid, forestry & horticulture). Precision farming agriculture type led the market with highest share owing to increasing adoption of precision agriculture technologies including remote sensing, positioning systems, guidance system as well as flexible rate technology by farmers across the world.

Some of the major factors driving the agriculture technology market growth include rising inclination towards technologies in agriculture, increasing need for monitoring livestock performance as well as health, government’s provision for the adoption of modern techniques for agriculture and increasing population & urbanization. On the other hand, deteriorating economic growth and ecological changes in several regions are some of the factors that can restraint the markets growth over the forecast period.

Get Discount on this Report @:
https://www.adroitmarketresearch.com/contacts/discount/332

Geographically North America led the global agriculture technology market with highest share, as several countries in the region such as the United States and Canada are the primary adopters of agriculture technologies.

Key players in the competitive landscape of agriculture technology market across the globe include (Trimble) (US), Deere & Company (US), Raven Industries (US), AGCO (US), AgJunction (US), AG Leader Technology (US), GEA Group (Germany), DeLaval (Sweden), Precision Planting (US), Teejet Technologies (US), SST Development Group (US), Topcon Positioning Systems (US), CropMetrics (US), DICKEY-john Corporation (US), Agribotix (US), ec2ce (Spain), The Climate Corporation (US), Gamaya (Switzerland), Descartes Labs (US), Granular (US), Autonomous Tractor Corporation (US), Prospera Technologies (Israel), Decisive Farming (Canada), Autocopter Corp (US) and Hexagon Agriculture (Brazil). Some of the major players in the market adopted for several strategies including mergers, partnerships, collaborations, expansions and new product developments in order to satisfy their customer demands.

Some Key Highlight Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Agriculture Technology Market Overview, By Solution
Chapter 5. Global Agriculture Technology Market Overview, By Application
Chapter 6. Global Agriculture Technology Market Overview, By Region
Chapter 7. Company Profiles

For Any Query on the Agriculture Technology Market:
https://adroitmarketresearch.com/contacts/enquiry-before-buying/332

About US:

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600, Dallas, TX 75204, U.S.A
Phone: +1 (214) 884-6068
Website: https://www.adroitmarketresearch.com/industry-reports/agriculture-technology-market

Source URL: https://marketersmedia.com/agriculture-technology-market-futuristic-solution-demand-benefits-leading-vendors-industry-trends-developments-challenges-growth-drivers-applications-future-forecast-by-2025/513461

Source: MarketersMedia

Release ID: 513461

Latest News

Stocks rise as China confirms trade deal signing next week

May 25, 2020

NEW YORK — U.S stocks climbed in morning trading on Thursday as investors cheered confirmation from China that its top trade official will head to Washington next week to sign a preliminary trade deal. The “Phase 1” accord is the opening step on a possible path toward a broader agreement between the nations. President Donald Trump has said he will travel to Beijing after the initial signing to start the second stage of talks. Every major index is on track for a record as Wall Street distances itself from a bout of anxiety over the last week because of tensions...

China, Japan stocks lower on Christmas

May 25, 2020

Chinese and Japanese stocks declined Thursday while most other Asian markets were closed for Christmas Day. Tokyo's Nikkei 225 lost 0.1% to 23,806.72 while the Shanghai Composite Index was off 2 points at 2,982.80. Malaysia's benchmark was down 0.6% while Taiwan gained nine points. Wall Street ended nearly flat Tuesday in a shortened trading session before closing for Christmas Day. U.S. markets reopen Thursday. The benchmark S&P 500 index slipped less than 0.1% to 3,223.38. The Dow Jones Industrial Average dropped 0.1%, to 28,515.45. The Nasdaq composite gained 0.1% to 8,952.88. Investors have been encouraged by plans for an interim...

House passes $1.4T government spending bill amid impeachment

May 25, 2020

WASHINGTON — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while giving Democrats spending increases across a swath of domestic programs. The hard-fought legislation also funds a record Pentagon budget and is serving as a must-pass legislative locomotive to tow an unusually large haul of unrelated provisions into law, including an expensive repeal of Obama-era taxes on high-cost health plans, help for retired coal miners, and an increase from 18 to 21 in the nationwide legal age to buy tobacco products. The two-bill package,...

Stocks rise on Wall Street as rally stretches to fourth day

May 25, 2020

NEW YORK — U.S. stocks rallied Monday, rising with European and several Asian markets following surprisingly strong reports on China's economy. Growth in factory activity and retail sales in the world's second-largest economy both beat analysts’ expectations for last month. That layered on top of optimism from last week’s long-awaited “Phase 1” trade deal between China and the United States, which removed some of the uncertainty that’s hung over businesses and investors. The interim trade deal is one of a “trifecta of positive catalysts” that swept through the market last week and could help support it through the end of...

Draghi stepped in during euro's darkest hour

May 25, 2020

FRANKFURT, Germany — Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank's arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in 2010-2012 and create millions of jobs in the 19-country monetary union. Yet the closing days of his term have hardly been a victory lap. His departure is accompanied by an unusually public dispute among ECB board members over stimulus policies he pushed...

Broaden News
Search

Manage The Numbers is the world’s fastest-growing finance news website, featuring the latest money and market news, along with in-depth analysis so you can make the best decision.

Contact us: sales@managethenumbers.com

Subscribe to our newsletter!

Name

Email