P e r s i s t e n c e M a r k e t R e s e a r c h segmented into multispectral technology and hyperspectral technology. The product segment is further sub-segmented into cameras, sensors, software, and others.
In 2015, the multispectral technology segment dominated the global imaging technology market for precision agriculture, followed by the hyperspectral technology segment. The hyperspectral technology segment is anticipated to register the fastest CAGR of 9.6 % over the forecast period in the global imaging technology market for precision agriculture in terms of revenue, followed by the multispectral technology segment.
The sensors product segment is expected to register the highest CAGR of 10.9 % in terms of value during the forecast period in the global imaging technology market for precision agriculture. In terms of market share, the cameras product segment accounted for a major percentage of the revenue share of the overall global imaging technology market for precision agriculture in 2015. The cameras product segment is expected to dominate the global imaging technology market for precision agriculture throughout the forecast years, followed by the sensors and software product segments.
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Region wise, the global imaging technology market for precision agriculture is segmented into North America, Latin America, Europe, APAC, and Middle East & Africa. In 2015, the market in North America dominated the overall global imaging technology market for precision agriculture, followed by the market in the Asia Pacific region. The imaging technology market for precision agriculture in Asia Pacific is projected to register the highest CAGR over the forecast period, followed by the Europe imaging technology market for precision agriculture.
Key players reported in this study on the global imaging technology market for precision agriculture include Bayspec, Tetracam, Micasense, Ximea, Teledyne Dalsa, and Resonon. These companies have significantly increased their footprint in the global imaging technology market for precision agriculture over the years.
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Global Imaging Technology Market for Precision Agriculture 2016-2024