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 most recent market intelligence study on the Precision Planting market aims at exploring the unknown and coming up with solutions to the potential threats and challenges faced by the Precision Planting market. The study includes valuable data, including the breakdown of information of market by type, geography, product application and classification. An overview of the current and future trends examined in the report aim at influencing the imperative advance prominent vendors are expected to have over their competitors.
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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
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Precision Planting market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
| PARAMETERS | DETAILS |
| The market size value in 2022 | USD 5.20 Billion |
| CAGR (2023–2032) | 10.4% |
| The Revenue forecast in 2032 | USD 13.94 Billion |
| Base year for estimation | 2022 |
| Historical data | 2019–2021 |
| Forecast period | 2023–2032 |
| Quantitative units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Product Services, Technology, System Type, Application, Region |
| Regional scope | North America; Europe; Asia-Pacific; Latin America; Middle East Africa |
| Country scope | U.S., Canada, Mexico, Germany, U.K., France, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, and Rest of MEA |
| Key companies profiled | 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 |
| Customization scope | 10 hrs of free customization and expert consultation |
Segments Covered in this report are:
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 research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
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 reasons to buy the Global Precision Planting Market report:
- The latest report comprehensively studies the global Precision Planting market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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