Zion Market Research Global Precision Farming Market, 2015 – 2021 | Page 2

Precision Farming Market
Precision farming is an administrative concept based on measuring, responding, and
observing unevenness in inter and intra-field crops. The goal of precision farming is to
increase the production with the assistance of decision support system (DSS) and
preserving resources. Precision farming uses advanced technology to optimize crop
production with the help of GIS, remote sensing, and GPS over the long period. Precision
farming is also known as site-specific crop management (SSCM) and satellite farming. The
major advantage of the precision farming is to reduce labor & material cost in order to
increase the cost of the production with the application of crucial automation processes.
Further, the remote sensing technique is used in the entire field in order to measure the
humidity of the soil, temperature, and nutrition level.
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farming-market
Increasing awareness concerning environmental impact over farming is expected to drive
the market in the coming future. Other factors such as improvement in data management in
farming are impacting the global precision farming market positively. The use of elegant
technologies in tracking geo-location to increase the efficiency may also boost the market in
future. Additionally, it also safeguards fuel usage in precision farming. Government initiation
on the R&D in precision farming technology may propel the market in near future.