Global Market Size of Precision Farming Market – 10 Year Market Forecast
SemiconductorPrecision Farming Market Size Forecast 2022-2029
Between 2022 and 2029, the Precision Farming market is expected to grow at a CAGR of 11%, from USD 12.92 billion in 2022 to USD 26.4billion in 2029. Increased farm mechanization in developing countries, rising labor costs due to a shortage of skilled labor, increasing strain on the global food supply due to rising population, significant cost savings associated with smart farming techniques, and government initiatives to adopt modern agricultural techniques are some of the major factors driving the growth of the Precision Farming market. Precision Farming is becoming increasingly popular among farmers as the demand for optimal crop production with limited resources grows.
Precision Farming Market Size of United States
Precision Farming Market Analysis of United Kingdom
Precision Farming Market Trends of Germany
Precision Farming Market Forecast of France
Precision Farming Market Growth of Italy
Market Size of Precision Farming in Poland
Market Analysis of Precision Farming in Switzerland
Market Trends of Precision Farming in Sweden
Market Forecast of Precision Farming in Spain
Market Growth of Precision Farming Netherland
Belgium Precision Farming Market
Finland Precision Farming Market
Japan Precision Farming Market
South Korea Precision Farming Market
China Precision Farming Market
Precision Farming Market Size of Russia
Precision Farming Market Analysis of Malaysia
Precision Farming Market Trends of Singapore
Precision Farming Market Forecast of India
Precision Farming Market Growth of Brazil
Market segments - Precision Farming Market
By Technology
– Guidance System
– Remote Sensing
By Region
– North America
– Europe
– Middle East
– APAC
– ROW
Frequently Asked Questions(FAQ)
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What is Global Market Database?
- Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
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What is Precision Farming?
- It is an approach where inputs are utilised in precise amounts to get increased average yields.
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How Precision Farming is done?
- It is done by adopting analytical software and use of technical equipment.
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What are some examples of precision agriculture?
- It include drones, Global Positioning Systems (GPS) and irrigation technologies.
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What is the CAGR of Precision Farming market?
- 11% is the CAGR of Precision Farming market.
Release date
Jul 2022
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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