A comprehensive market survey report on Remote Sensing Technology for Agriculture holds significant importance in gaining a deeper understanding of the market dynamics, ultimately leading to substantial business growth. The industry analysis report meticulously evaluates the drivers and restraints, shedding light on how the product is currently being utilized in the market and providing valuable insights into its anticipated future usage. The persuasive market research report analyzes market data to help businesses achieve their goals and objectives within a specified timeframe.

Additionally, the report delves into the details of manufacturers, market competition, costs, and market effect factors for the forecast period spanning 2022 to 2029. The document goes beyond statistical analysis by presenting information on recent developments, product launches, joint ventures, mergers, and acquisitions undertaken by key players in the Remote Sensing Technology for Agriculture sector. Systematic company profiles offer a clear understanding of the strategies employed by these industry leaders.

This wealth of information is crucial for clients and businesses, aiding them in making informed decisions related to revenue, investment, import, export, and consumption. The transparent, reliable, and extensive market insights provided by this comprehensive report are designed to propel businesses toward success. With unwavering dedication, this superior market report is presented to clients, enabling them to expand their reach and enhance return on investment (ROI).

According to Data Bridge Market Research, the remote sensing technology for agriculture market, which reached a value of 1.7 billion in 2021, is anticipated to attain a value of USD 3.05 billion by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 7.60% during the forecast period spanning from 2022 to 2029. The market reports from Data Bridge Market Research not only provide insights into key metrics such as market value, growth rate, segmentation, geographical coverage, and major players but also offer detailed expert analysis.

These reports go beyond surface-level information by including geographically represented production and capacity data company-wise, illustrating network layouts of distributors and partners. Furthermore, they provide a comprehensive and updated analysis of price trends and conduct a deficit analysis of the supply chain and demand. This in-depth information contributes to a more nuanced understanding of market scenarios, aiding businesses and stakeholders in making informed decisions in the dynamic landscape of remote sensing technology for agriculture.

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Driver:

The agricultural sector is grappling with a shortage of labour, prompting a shift towards more efficient farming practices. Escalating labour costs and a diminishing pool of skilled workers are rendering high-value crops like apples, strawberries, and sweet peppers economically challenging. To address this, farmers cultivating such crops are turning to crop sensing solutions, which aid in precision harvesting without causing harm to the crops.

 

Globally, the surge in population growth is exerting immense pressure on the agricultural industry to enhance productivity and meet the escalating demand for food. In response, farmers are adopting smart agricultural practices, incorporating technologies like harvesting robots, automation, control systems, sensors, and imaging systems. These innovations enable increased profitability and output within shorter timeframes and at reduced costs. Additionally, the scarcity of arable land is a driving force behind the adoption of indoor farming methods, coupled with an increased reliance on remote sensing technologies to mitigate labor costs.

Some key players mentioned in the report are:

Yara (Norway), Koch AG & Energy Solutions LLC (U.S.), Coromandel International Limited (India), AGRICULTURE SOLUTIONS INC. (Canada), Hafia Groups (Israel), Sapec Agro S.A. (Portugal), Kugler Company (U.S.), ICL (Israel), Van Iperen International (Netherlands), U.S. AG LLC (U.S.), Levant Power Corporation (U.S.), Honeywell International, Inc. (U.S.), Green Peak Technologies (Netherlands), Fujitsu (Japan), ABB(Switzerland), Texas Instruments Inc. (U.S.), ST Microelectronics (Switzerland)

Key Insights that Study is going to provide:

·       The 360-degree Remote Sensing Technology for Agriculture overview based on a global and regional level

·       Market Share & Sales Revenue by Key Players & Emerging Regional Players

·       A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]

·       May vary depending upon availability and feasibility of data with respect to Industry targeted

·       Patent Analysis** No of patents / Trademark filed in recent years.

·       A complete and useful guide for new market aspirants

·       Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations

·       Various Remote Sensing Technology for Agriculture industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

By Component (Hardware, Software, and Service), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labour Management, and Others)

The countries covered in the Global Remote Sensing Technology for Agriculture Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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