The global precision planting market size reached USD 5.20 Billion in 2022 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. Increased focus on climate change by governments across the globe, increasing need by farmers to meet rising demand for food among global population in a sustainable manner, as well as rapid technological advancement in precision agriculture such as geo-mapping and data sensor technology are some of the key factors driving revenue growth of the precision planting market.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Precision Planting market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Trimble, Inc., Deere Company, AGCO Corporation., CNH Industrial N.V., ICL, FlyPard Analytics GmbH, Kinze Manufacturing, Inc., Ecorobotix SA, Morris Industries Ltd., and Väderstad Group
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Emergen Research has segmented the global Precision Planting market on the basis of type, application, end-use, and region:
Product Services Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Automation and Control
- Sensing and Monitoring
- Software
- Software-as-a-Service (SaaS)
- Platform-as-a-Service (PaaS)
- Services
- System Integration Services
- Managed Services
- Connectivity Services
- Others
- Hardware
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Ground Technology
- Aerial Technology
System Type Outlook (Revenue, USD Billion; 2019-2032)
- High Speed Precision Planting System
- Drones
- Precision Air Seeders
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Precision Planting Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Precision Planting Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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