DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Smart Agriculture Market - Global Forecast to 2022" report to their offering.
The smart agriculture market is expected to grow from USD 5.18 billion in 2016 to USD 11.23 billion by 2022, at a CAGR of 13.27% between 2017 and 2022.
Smart agriculture involves technology-driven information analysis of data acquired from the fields and the application of inputs according to the data analysis for increasing crop productivity. It includes the use of modern technologies of farming that help in improving the quality of food and increasing the yield of farms. The major restraining factors for the growth of the smart agriculture market include the high initial investments and the lack of technical awareness among the growers.
Smart agriculture tools are most widely used in precision farming as they play a vital role in improving farm efficiency and help growers in maximizing their crop yields. Yield monitoring is a major application of precision farming used to identify the field variability information, which includes weather conditions, soil properties, and fertilizers. Soil monitoring is a major application of yield monitoring, which helps to identify different soil parameters to maintain the nutrient level of the soil.
Companies Mentioned:
- AG Leader Technology
- Agco Corporation
- Agjunction, Inc.
- Aururas S.R.L
- Boumatic LLC.
- Deere & Company
- Delaval Corporation
- Farmer at Hand
- Farmeron
- GEA Group AG
- Grownetics Inc.
- Precision Planting, Inc.
- Others
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Smart Agriculture Market, By Agriculture Type
8 Smart Agriculture Market, By Offering
9 Smart Agriculture Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/nz722h/smart_agriculture
