Current Business Affairs Global Precision Agriculture Systems Market 2018 | Page 2

DESCRIPTION
 Precision agricultural systems market is a modern farming technique used for measuring, observing and
responding to the field variabilities in crops cycle. With the help of this system, farmers can break down a large
field into smaller group of fields and manage them effectively. This results in reduced misapplication of crops and
increase farm productivity and efficiency. By studying certain attributes of the filed using precision agriculture,
farmers can produce more food at a fraction of the cost. In addition, to conserving soil for sustainable food
production.
 Growing demand for increasing crop productivity and efficiency, government initiatives on supporting of
adopting modern agricultural techniques, rapid innovation in technology are some of the drivers that are
expected to boost the growth of Precision Agriculture Systems market. High cost associated with the initial
investments and lack of awareness in developing region is anticipated to hinder the growth of market to a certain
extent.