Precision Farming Market is accounted for $3.92 billion in 2017 and is expected to reach $14.09 billion by 2026 growing at a CAGR of 15.3% during the forecast period. Some of the key factors influencing the market growth include adoption of new farming technologies for boosting agricultural production, growing proliferation of internet of things (iot) and use of advanced analytics by farmers and rising demand for food products. However, high initial investment in r&d is restricting the market growth.
Major Key Players of the Precision Farming Market are:
Raven Industries Inc., Monsanto Company, BASF SE, AGCO Corporation, Trimble Navigation Limited, DICKEY-john Corporation, Valmont Industries Inc., Deere & Company, Yara International ASA, Lindsay Corporation, TeeJet Technologies, Land O'lakes Inc., Ag Junction Inc, Topcon Precision Agriculture and E.I. Du Pont De Nemours And Company (Dupont).
Read More @ https://www.openpr.com/news/2048319/precision-farming-market-set-for-rapid-growth-to-reach-cagr
Major Key Players of the Precision Farming Market are:
Read More @ https://www.openpr.com/news/2048319/precision-farming-market-set-for-rapid-growth-to-reach-cagr
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