DUBLIN--(BUSINESS WIRE)--The "Analysis of Digitization's Impact on Farm Mechanization" report has been added to Research and Markets' offering.
This study aims to research and analyse the new era of digital transformation in the farming industry and to assess the value proposition of these new technologies that address the expectations of farmers in transforming their business practices.
Adoption of agricultural technology has become imperative for farmers, as they are facing tighter farm margins and declining commodity prices. The insights generated from the usage of technology in farming operations assist farmers in mitigating cost challenges and effectively improve production per acre.
The inclusion of precision farming by adopting technologies such as Sensors, Drone Imagery, and Big Data analytics will have a positive impact on farming operations. Precision agriculture is slowly and steadily making inroads into developed countries, but is yet to make a mark in emerging economies.
Variable rate technologies are one of the more commonly available technologies enabling better input optimisation. Frost & Sullivan's research shows that 85-90% of the new farm equipment sold in 2025 will have a precision agriculture component.
The market trends are analysed for a study period of 2016 to 2025, with the base year being 2016.Technologies covered in the study are Precision Agriculture, Big Data, IoT, and autonomous systems. Farm equipment including tractors, harvesters, and sprayers are covered under the product scope of the study.
The growing trend of digitalization in farming and precision agriculture is the key focus area in this study. The precision agriculture ecosystem consists of tractor OEMs, seeds and fertilizer manufacturers, technology companies, and hardware and software companies.
Key Topics Covered:
1. Executive Summary
2. Research Objectives, Background, and Methodology
3. Key Technologies Impacting Farm Management
4. Digital Innovation in Agriculture-Best Practices
5. Digital Initiatives by OEMs
6. IoT Service Providers in the Digital Farm Management Landscape
7. Growth Opportunities
8. Conclusions and Future Outlook
- CNH Industrial
- John Deere
- Mahindra & Mahindra
- Tech Mahindra
For more information about this report visit https://www.researchandmarkets.com/research/xmzhf3/analysis_of