The Global Crop Monitoring Technology in Precision Farming market is valued at USD XX . XX billion in 2016 and is expected to reach a value of USD XX . XX billion by the end of 2022 , growing at a projected CAGR of 12.56 % during the forecast period of 2017 – 2022 . Site Specific Crop Management ( SSCM ), popularly known as Precision Farming ( PF ) involves the introduction of modern coming-of-age technologies of satellite navigation and monitoring system into the domain of farming and agriculture . The technology is considered as the future of farming . Clearly , agriculture has moved from primitive technology in the 16th and 17th century to mechanization in the 20th century and finally to automation in the 21st century . It involves smart , easy and cost-effective monitoring and management of crops and fields based on inter and intra-field variability and demands of individual plots , subplots and crops . PF is the branch of Decision Support System ( DSS ) that ensures better efficiency , higher yield and profitability , and better usage of the available resources . It has found a wide array of applications ; from yield and soil monitoring , Variable Rate Application ( using Variable Rate Technology ), field and yield mapping , crop scouting , tractor navigation , pesticide spray monitoring and several others .
Request for Sample Copy of Global Crop Monitoring Technology in Precision Farming Market Report @ http :// www . orbisresearch . com / contacts / request-sample / 223797
The sudden spur in the growth of agro-based industries is due to the exponential burgeoning of population and demand for food stock coupled with governmental assistance in the form of incentives . North America , Canada and Mexico have dominated the PF market so far . However , Asia-Pacific , specifically India , Australia , China and Japan , currently have the highest growth rate in this domain . Interestingly , the APAC region is being seen as the fastest emerging market in precision agriculture .
The report intends on presenting a quantitative and qualitative insight into the precision agriculture technology that can be segmented by hardware and software components , by application , by function ( labor and crop management , financial management and credit management and DSS ) and by geographical regions . Software components include the three prominent areas of application , namely farm management system , labor management system and weather tracking and forecasting .
Browse The Complete Report @ http :// www . orbisresearch . com / reports / index / global-cropmonitoring-technology-in-precision-farming-market-2017-2022
The sudden spur in the growth of agro-based industries is due to the exponential burgeoning of population and demand for food stock coupled with governmental assistance in the form of
2