Crop Monitoring Market: size was valued at US$ 3.05 Bn. in 2022 and the total revenue is expected to grow at 15.2% through 2023 to 2029, reaching nearly US$ 8.21 Bn.
Crop Monitoring Market Overview:
The Crop Monitoring market competitive landscape separates information by a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses’ competitive impact on the Crop Monitoring market.
Market Scope:
This Crop Monitoring market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, categorical market growth, application niches, and dominance, product approvals, product launches, and geographic expansion.
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Segmentation:
The Crop Monitoring Market is divided into Sensing & Imagery, VRT, Automation, and Robotics categories based on technology. Due to farmers’ increasing use of remote sensing technologies to remotely monitor their crops, the Sensing and Imagery category will have a 43% market share in 2022, dominating the crop monitoring market. With the use of these sensing and imaging technologies, farmers may get a clear image of their operations and learn about the condition of their crops. The automation and robotics sector is expected to dominate the market in the projected period and have a market share of 34% in 2021, followed by VRT (Variable Rate Technology), which has a market share of 23%. This is due to the labor shortage that many nations across the world are experiencing. With the use of variable-rate technology (VRT), fertilizers, herbicides,
1. Crop Monitoring Market ,by Technology (2022-2029)
Sensing & Imagery
VRT
Automation & Robotics
2. Crop Monitoring Market , by Application (2022-2029)
Field Mapping
Crop Monitoring
Soil Scouting
Key Players: The key players are
• John Deree
• Agrisource Data
• Raven Industries
• AGCO Corporation
• Pessl Instruments
• Mouser Electronics
• Topcon Corporation
• Agjunction
• Taranis Visual
• CorpX
• Trimble
• Yara International ASA
• The Climate Corporation
Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that affect current and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter’s five forces analysis, and case studies are only a few of the indicators used to forecast the market situation for various countries’ growth.
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COVID-19 Impact Analysis on Crop Monitoring Market:
The report also discusses how COVID-19 impacted the Crop Monitoring market.
Key Questions Answered in the Crop Monitoring Market Report are:
- Which segment had the largest share in the Crop Monitoring market?
- How is the competitive landscape of the Crop Monitoring market?
- Which are the key factors impacting the Crop Monitoring market growth?
- Which region has the maximum share in the Crop Monitoring market?
- What will be the CAGR of the Crop Monitoring market during the forecast period (2021-2027)?
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