Crop Monitoring Market Revenue, Forecast, Overview and Key Companies Analysis by 2028

The global crop monitoring market would be worth USD 5.99 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the measures taken by governments of several countries to meet the rising demand for food. Rising adoption of the global navigation satellite system, which helps farmers to perform real-time crop vegetation index monitoring, is contributing to growth of the market for crop monitoring. Increasing preferences by farmers to enhance agricultural productivity is likely to boost the demand for crop monitoring solutions in the near future. Rising labor wages led by the declining agricultural workforce in developed economies has resulted in the shift of preference toward automation operations achieved through usage of artificial intelligence (AI) and Internet of Things (IoT) in the agriculture sector.

Increasing adoption of agricultural drones for field inspection is driving the market for crop monitoring. Drones are primarily used for assessment of crop monitoring, crop spraying, and crop health.

The report provides detailed insights into Crop Monitoring market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Crop Monitoring market size over the forecast period, 2020–2028. The report includes profiles of major players in the Crop Monitoring market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Crop Monitoring market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Crop Monitoring market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Crop Monitoring market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Crop Monitoring market revenue growth to a significant extent over the forecast period.

Top key vendors in Crop Monitoring Market include are:

Yara International,

Topcon Corporation,

The Climate Corporation (a subsidiary of Bayer),

Precision Hawk,

Trimble, Deere Company,

Raven Industries,

AGCO Corporation,

AgJunction, and

Lindsay Corporation.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Technology Outlook (Revenue, USD Billion; 2017–2027)

Variable Rate Technology
Sensing Imagery
Automation Robotics

Offering Outlook (Revenue, USD Billion; 2017–2027)

Software
Hardware
Services

Application Outlook (Revenue, USD Billion; 2017–2027)

Soil Monitoring
Variable Rate Application
Field Mapping
Yield Mapping Monitoring
Crop Scouting Monitoring
Weather Tracking Forecasting
Others

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Crop Monitoring Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Crop Monitoring industry

North America Crop Monitoring market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Crop Monitoring growth strategies and initiatives.

Asia Pacific Crop Monitoring market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Crop Monitoring market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Crop Monitoring market revenue growth in Asia Pacific.

Europe Crop Monitoring market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Crop Monitoring market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Crop Monitoring revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Crop Monitoring industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Crop Monitoring market across different regions?
Who are the major driving forces expected to decide the fate of the Crop Monitoring industry worldwide?
Who are the prominent market players making a mark in the Crop Monitoring market with their winning strategies?
Which Crop Monitoring industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Crop Monitoring market?

Table of Content

Chapter 1. Methodology Sources

1.1. Crop Monitoring Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Crop Monitoring Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028