The global crop monitoring market would be worth USD 5.99 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the measures taken by governments of several countries to meet the rising demand for food. Rising adoption of the global navigation satellite system, which helps farmers to perform real-time crop vegetation index monitoring, is contributing to growth of the market for crop monitoring. Increasing preferences by farmers to enhance agricultural productivity is likely to boost the demand for crop monitoring solutions in the near future. Rising labor wages led by the declining agricultural workforce in developed economies has resulted in the shift of preference toward automation operations achieved through usage of artificial intelligence (AI) and Internet of Things (IoT) in the agriculture sector.

The Asia Pacific region is expected to be the most rapidly expanding market for crop monitoring during the forecast period. Growing global population, coupled with the increasing demand for food in developing economies, is driving the market for crop monitoring in the region.

The researchers find out why sales of Crop Monitoring are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2020 to 2027. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Crop Monitoring industry.

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Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Report Objectives

Examine the size of the global Crop Monitoring market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Crop Monitoring market.

Explore the underlying dynamics of the global Crop Monitoring market.

Highlight significant trends of the global Crop Monitoring market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Crop Monitoring market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Crop Monitoring market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights of Report

In April 2019, YARA International, a global leader in crop nutrition, and IBM announced to have concluded an agreement to build a leading farming digital platform of the world, which would provide holistic digital services and instant agronomic advices.

The sensing & imagery segment held the largest market share of 49.3% in 2019. Farmers are using crop and soil sensors, farm mapping, and aerial drones in order to increase crop yield and enhance crop quality, which is expected to drive the segment during the forecast period.

The hardware segment is anticipated to expand at the most rapid CAGR of 15.6% during the forecast period. The rising need to obtain real-time data on fields and crops to evaluate and analyze the data for growth in farming operations has increased the utilization of sensing and monitoring devices, which has driven the segment.

The crop scouting & monitoring segment accounted for the largest market share in 2019. Rising need to detect pests and diseases as early as possible and implement a safe and effective treatment has driven the segment.

Key market participants include Yara International, Topcon Corporation, The Climate Corporation (a subsidiary of Bayer), Precision Hawk, Trimble, Deere & Company, Raven Industries, AGCO Corporation, AgJunction, and Lindsay Corporation.

You Can Download Free Sample PDF Copy of Crop Monitoring Market at https://www.emergenresearch.com/request-sample/410

Technology Outlook (Revenue, USD Billion; 2017–2027)

Variable Rate Technology

Sensing & Imagery

Automation & Robotics

Offering Outlook (Revenue, USD Billion; 2017–2027)

Software

Hardware

Services

Application Outlook (Revenue, USD Billion; 2017–2027)

Soil Monitoring

Variable Rate Application

Field Mapping

Yield Mapping & Monitoring

Crop Scouting & Monitoring

Weather Tracking & Forecasting

Others

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Read more@ https://www.emergenresearch.com/industry-report/crop-monitoring-market

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Crop Monitoring Market Segmentation & Impact Analysis

Chapter 5. Crop Monitoring Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Crop Monitoring Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Crop Monitoring Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Crop Monitoring Market Regional Outlook

Continued…

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