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REVOLUTIONIZING INDIAN AGRICULTURE: KRISHIVIMAN'S PIONEERING DRONE TECHNOLOGY
In the dynamic world of agriculture, innovation is not just a trend, but a necessity. Among the myriad of technological advancements, one has soared above the rest in transforming the industry - agricultural drones. These flying marvels have revolutionized farming practices, introducing unprecedented efficiency and precision. At the forefront of this revolution in India is Krishiviman, a name now synonymous with cutting-edge agricultural drone technology. Recognized as the best agricultural drone manufacturer in the country, Krishiviman has become a beacon of innovation, steering Indian agriculture towards a more prosperous and sustainable future.
As we delve into the world of Krishiviman, we explore how their drones are not merely tools, but catalysts of change. Their advanced features cater to diverse agricultural needs, from precision spraying to intricate crop monitoring. With a commitment to integrating smart farming technologies and sustainable practices, Krishiviman stands as a testament to the power of technological ingenuity in harnessing the true potential of Indian agriculture. Join us on this journey as we unfold the story of Krishiviman, a leader in agricultural UAVs, and its role in reshaping the contours of Indian farming.
Krishiviman’s Journey to the Top
The story of Krishiviman is a testament to innovation and vision in the realm of agricultural technology. Founded with the mission to revolutionize Indian agriculture, Krishiviman began as a humble startup with big dreams. Today, it stands tall as the premier agricultural drone manufacturer in India, leading the way in drone technology in farming. The journey from a small-scale operation to an industry leader is marked by relentless pursuit of excellence and a deep understanding of the unique challenges faced by Indian farmers.
At Krishiviman, innovation is not just about creating advanced products; it's about crafting solutions that resonate with the needs of the Indian agricultural sector. The company's rapid growth can be attributed to its ability to blend cutting-edge technology with practical applications. Krishiviman drones are not only known for their precision and durability but also for their user-friendly design, making them accessible to farmers across various regions.
Recognition and accolades have followed, with Krishiviman receiving numerous awards for innovation and sustainability. These honors are a reflection of the company's commitment to empowering farmers with tools that boost productivity, reduce costs, and promote sustainable farming solutions. Krishiviman has set a benchmark in the industry, not just in terms of product quality, but also in customer satisfaction and environmental stewardship.
As Krishiviman continues to expand its reach and innovate, its journey remains an inspiring blueprint for how technology can transform agriculture, making it smarter, more efficient, and more sustainable.
The Role of Drones in Transforming Indian Agriculture
In a country where agriculture forms the backbone of the economy, the introduction of drone technology by Krishiviman marks a significant milestone. Indian agriculture, characterized by its vast and varied landscape, has long grappled with challenges such as inefficient resource usage, limited access to advanced technology, and environmental concerns. Enter Krishiviman’s drones, which are not just reshaping farming practices but are also setting new standards in precision agriculture.
The impact of Krishiviman drones in Indian agriculture is multifaceted. Firstly, their advanced imaging and mapping capabilities allow for detailed analysis of soil health, crop growth, and water usage. This data is crucial for informed decision-making, enabling farmers to optimize their resources and improve crop yields. The use of these drones for crop monitoring has become a game-changer, allowing for early detection of issues such as pest infestations and nutrient deficiencies.
Furthermore, Krishiviman’s drones bring the concept of precision farming to life. Equipped with state-of-the-art spraying systems, these drones ensure uniform and accurate application of fertilizers, pesticides, and herbicides. This not only leads to reduced input costs but also minimizes environmental impact, aligning with the principles of sustainable farming.
The ease of use and scalability of Krishiviman drones make them a viable solution for farmers across India, regardless of the size of their holdings. By bridging the gap between traditional farming methods and modern technology, Krishiviman is empowering farmers to embrace the future of agriculture – an agriculture that is more efficient, productive, and sustainable.
Krishiviman’s Technological Edge
At the heart of Krishiviman’s success lies its unwavering commitment to technological innovation. Krishiviman drones are engineered with a blend of advanced features that make them not just tools for agriculture, but pioneers in smart farming technologies. These drones are equipped with high-resolution cameras, multispectral imaging, and GPS technology, making them incredibly efficient in gathering and analyzing agricultural data.
One of the standout features of Krishiviman drones is their precision spraying capability. With state-of-the-art nozzle and pump systems, these drones deliver pesticides, fertilizers, and herbicides with unparalleled accuracy. This precision not only ensures that crops receive the exact amount of treatment they need but also significantly reduces the amount of chemicals used, promoting a more eco-friendly approach to farming.
Another significant aspect is the use of data analytics and AI in Krishiviman drones. They are capable of processing the data collected during flights to provide actionable insights. This includes identifying areas that require more attention, predicting potential pest attacks, and even suggesting optimal harvesting times. Such analytics empower farmers with information that was previously difficult or impossible to obtain.
Furthermore, Krishiviman’s drones are designed for the diverse Indian topography. Whether it's the flat plains of Punjab, the rolling hills of the Western Ghats, or the challenging terrain of the Northeast, these drones are adaptable and robust, suitable for varied agricultural environments.
In essence, Krishiviman’s technological prowess is not just about advanced features; it’s about making those features accessible and beneficial to the Indian farmer. By marrying technology with practicality, Krishiviman is redefining what it means to engage in modern, data-driven agriculture in India.
Case Studies and Success Stories
The true testament to Krishiviman’s impact in the agricultural sector is reflected in its numerous success stories and case studies. These real-world examples not only illustrate the effectiveness of Krishiviman drones but also bring to light the transformative changes they have brought to individual farmers and communities.
One such success story comes from the wheat fields of Haryana, where a group of small-scale farmers used Krishiviman drones for crop monitoring and spraying. The results were remarkable – a significant reduction in pesticide use, leading to cost savings and healthier crops. The drones' precision spraying technology ensured that the right amount of pesticide was used, preventing overuse and environmental damage.
Another inspiring case is from the vineyards of Maharashtra, where Krishiviman drones were employed for aerial mapping and soil analysis. The data collected helped vineyard owners to understand their soil's health better and make informed decisions about irrigation and fertilization. This led to a noticeable improvement in grape quality and yield, directly impacting the profitability of the vineyards.
These stories are just a glimpse into how Krishiviman drones are making a difference in the lives of Indian farmers. They underscore the company’s role not just as a technology provider but as a partner in the journey towards more efficient, sustainable, and profitable agriculture.
Looking Ahead: Krishiviman’s Vision for the Future
As Krishiviman continues to lead in the agricultural drone market in India, its vision for the future remains clear and ambitious. The company is committed to continuous innovation, aiming to introduce more advanced features in its drones that cater to the evolving needs of Indian agriculture. Beyond technological advancements, Krishiviman envisions a future where drones become an integral part of every farm in India, contributing to a more sustainable, efficient, and productive agricultural landscape.
Krishiviman is not just about manufacturing drones; it's about fostering a farming revolution. The company plans to expand its outreach, educating and empowering farmers across the country to embrace smart farming technologies. By doing so, Krishiviman aspires to not only enhance farm productivity but also to uplift the overall quality of life for farmers, reinforcing its role as a catalyst for positive change in Indian agriculture.
Conclusion
In conclusion, Krishiviman stands as a shining example of how technology can revolutionize agriculture. Their innovative drones are more than just machines; they are harbingers of a new era in farming. As we witness the agricultural landscape in India transform, Krishiviman continues to fly high, leading the way with its pioneering spirit and commitment to a greener, more prosperous farming future. For those looking to join this agricultural revolution, Krishiviman extends its wings, inviting them to experience the future of farming today.
Content Source - REVOLUTIONIZING INDIAN AGRICULTURE: KRISHIVIMAN'S PIONEERING DRONE TECHNOLOGY
#agricultural drone#Krishiviman drones#drone technology by Krishiviman#premier agricultural drone manufacturer in India#agricultural drones
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Drone Market to Witness Robust Expansion throughout the Forecast Period 2021-2026| Aeronavics Ltd.,AeroVironment Inc.,Aeryon Labs Inc.,DJI
Report Overview
The report on the ‘global Drone market’ has been provided by researchers for a detailed understanding of the functioning of the market during a defined estimate period of 2021 to 2026. However, this report has inculcated a brief overview to provide better context to the reader of this report. This brief overview includes a basic definition of the product or service studied in the report. Along with that, it also includes a briefing on the primary applications of this product or service in different industry verticals. Further, an insight in the manufacturing or production of the product or service and the distribution strategy for the same has also been provided by the market research experts.
Some of the key players’ Analysis in Drone Market: Aeronavics Ltd.,AeroVironment Inc.,Aeryon Labs Inc.,DJI,Draganfly Innovations Inc.,EHANG,Intel Corporation,Parrot Drones SAS,PrecisionHawk,YUNEEC
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One of the crucial parts of this report comprises Drone industry key vendor’s discussion about the brand’s summary, profiles, market revenue, and financial analysis. The report will help market players build future business strategies and discover worldwide competition. A detailed segmentation analysis of the market is done on producers, regions, type and applications in the report.
On the basis of geographically, the market report covers data points for multiple geographies such as United States, Europe, China, Japan, Southeast Asia, India, and Central& South America
Analysis of the market:
Other important factors studied in this report include demand and supply dynamics, industry processes, import & export scenario, R&D development activities, and cost structures. Besides, consumption demand and supply figures, cost of production, gross profit margins, and selling price of products are also estimated in this report.
Predominant Questions Answered in This Report Are:
Which segments will perform well in the Drone market over the forecasted years?
In which markets companies should authorize their presence?
What are the forecasted growth rates for the market?
What are the long-lasting defects of the industry?
How share market changes their values by different manufacturing brands?
What are the qualities and shortcomings of the key players?
What are the major end results and effects of the five strengths study of industry?
The conclusion part of their report focuses on the existing competitive analysis of the market. We have added some useful insights for both industries and clients. All leading manufacturers included in this report take care of expanding operations in regions. Here, we express our acknowledgment for the support and assistance from the Drone industry experts and publicizing engineers as well as the examination group’s survey and conventions. Market rate, volume, income, demand and supply data are also examined.
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Table of contents:
Drone Global Market Research Report 2020
1 Market Overview
2 Manufacturers Profiles
3 Global Drone Sales, Revenue, Market Share and Competition by Manufacturer
4 Global Drone Market Analysis by Regions
5 North America Drone by Country
6 Europe Drone by Country
7 Asia-Pacific Drone by Country
8 South America Drone by Country
9 Middle East and Africa Drone by Countries
10 Global Drone Market Segment by Type
11 Global Drone Market Segment by Application
12 Drone Market Forecast (2020-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
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Agriculture Analytics Market Detailed Analysis and Forecast 2020-2030
Agriculture analytics is a technology used in the agricultural sector that provides useful information for optimizing farming operations. Farmers can make smart farming decisions using that information throughout the production cycle from planning to plantation, harvesting and marketing. Agriculture analytics provides considerable data and reports on farming by collecting thousands of images of field crops and uses sensors and analytics for minimizing crop spoilages and food-borne diseases. Analytics provides a platform to the farmers for optimizing farming performances according to weather conditions resulting in improving the crop yield.
The investment in this market is rising globally as the introduction of this automated technology in agriculture has led to precision farming leading to saving time as well as resources of the farmers.
The market for agriculture analytics is projected to experience substantial rise in the growth rate along with a steady rise in its CAGR through 2030 owing to rising government initiatives for deploying improved agricultural methods.
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Key Growth Factors:
The rising pressure to meet the global demand for food due to increasing population along with the need to improve crop yield is surging the growth of agriculture analytics market. Consciousness regarding the health and well-being is further adding its contribution to the growing demand as this technology results in preventing food-borne diseases and improves productivity.
Initiatives taken by the government across the globe in the form of awareness programs and assistances such as provision of loans, subsidies, incentives etc to the farmers for introducing smart farming technologies are augmenting the growth of this market.
The facilitation of agricultural operations by the adoption of this technology is attracting the farmers as well as manufacturers to introduce agriculture analytics in their operations. This technology enables the farmers to optimize their operations according to changing climatic conditions, reduce crop infections, avoid wastage of resources, and improve crop yields.
Key Restraints:
High intial cost is a major restraint to this market. The farmers have to make high investments in global positioning systems, drones, GIS etc to collect data from GPS devices. The covid 19 pandemic has disrupted the progress of this market globally due to restrictions in import and export activities, shut-down of production hubs and transport barriers. The farmers are going through acute financial crisis leading to further decline in the market growth.
COVID-19 Impact:
The pandemic has negatively influenced the global market for agriculture analytics. Several industrial players are facing its dire consequences. Lockdown, social distancing, trade barriers, transportation limitations, shut down of production centers etc have created a decline in the progress of agriculture analytics market. The farmers across the world are suffering from financial crisis leading to reduction in the adoption of these technologies. Since the time relaxtions in import-export activities, transportations, opening of production centers etc have been given by the government, the market is observing little progress everyday. The market players are trying to regain their earlier position through the adoption of organic as well as inorganic strategies in their operations. As per analysts, the market for agriculture analytics will experience steady rise in its growth rate even in the pandemic due to growing consciousness regarding health, sanitation and well-being of people as well the government’s initiatives to adopt smart technologies globally.
Region-Wise Forecast:
The market for agriculture analytics is currently going through expansion phase with rising demands from agricultural sector. North America is projected to witness a steady rise in its market growth over the forecast period. The government initiatives towards smart farming in United States, Mexico and Canada are creating significant opportunities for the market players in North America to expand their operations globally. According to analysis, the US will continue to be one of the leading markets for agriculture analytics globally.
On the other hand, Asia Pacific is expected to be the second largest market due to extraordinary efforts given by the goverment in India and China. Indian government is actively focusing in encouraging the farmers to adopt advanced farming equipments and techniques which is propelling the market growth in Asia Pacific. The government is providing subsidies, incentives and loans to the farmers with zero interest rates in India. The rising investments by the manufacturers in agriculture analytics in China and Japan is further leading to the rising market growth.
Furthermore, the growing need to maintain a healthy agricultural yield in Germany, France, Italy and Spain is surging the market growth in Europe. Europe is predicted to achieve third largest position in this market globally owing to a number of factors such as increasing food demand, rising government initiatives, awareness regarding healthy agricultural yield, adoption of latest technologies, rising investments in agricultural automation etc.
Middle East and Africa is anticipated to witness fastest growing CAGR rate through 2030 on account of rising pressure to meet global demand for food, need to improve crop yield and adoption of modern farming practices.
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Market Segmentation:
By Deployment Modes:
Cloud
On-premises
By Component:
Solution
Services
By Application:
Farm analytics
Livestock analytics
Aquaculture analytics
Others [orchid,forestry,horticulture)
By Farm Size :
Large farms
Small farms
Medium farms
By Region:
North America
Europe
Asia Pacific
Middle East and Africa
South America
Competitive Landscape:
The global market for agriculture analytics is highly fragmented. Some of theprominent vendors in this market are Deere & Company, IBM Corporation, SAP SE Company, Accenture Incorporation, HelioPas AI Corporation, AgVueTechnologies, Conservis Corporation, Gro Intelligence Corporation, Farmers Edge Corporation, Trimble, Monsanto, Agribotix Technologies, Proagrica, Precision Hawk, Stesalit Systems, AGEYE Technologies, Agrivi Corporation, RESSON Incorporation, Fasal Company, Onesoil Corporation, Root AI etc.
The leading players in this market are introducing new varieties of products, bringing upgradations, innovations and improvisations in their existing products and services and are constantly focusing on expansions, joint ventures as well as collaborations with other corporations to combat the rising competition.For instance, Trimble Corporation has introduced a new entry level Trimble Ag Software subscription known as Farmer Core to enable the farmers to connect all aspects of their farm operations leading to facilitation ofagricultural operations and expansion of the market presence. In addition to Trimble Corporation, Deere and Company has launched an updated software to enhance automation, functionality, documentation and security of Generation 4 4600. This updated software namely 19-1 Software has provided high level of automation activation enabling the company’s machine sync harvest functionality on generation 4 for the tractors. This has resulted in helping the company in grabing a major market share.
Key Q&A
How big is the global agriculture analytics market?
The agriculture analytics market is worth USD 700 million. Growing use of analytics in agriculture is likely to steer growth at over 14% CAGR through 2030.
Which is the largest market for agriculture analytics?
The US is the largest maret for agriculture analytics. In agrarian economies like China and India, the potential for agriculture analytics is significant
Where is market opportunity concentrated?
The market opportunity is concentrated in the livestock category, as colossal amount of data is generated on a daily basis
How are SMEs adopting ariculture analytics?
The agriculture analytics penetration is quite low among SMEs at the moment. Advanced made previously have been beset by COVID-19 induced dowturn.
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Autonomous Farm Equipment Market - Rapid Adoption of New Techniques & Technologies 2025
Global Autonomous Farm Equipment Market: Snapshot
On the back of escalating population, the food demands at an all-time high. However, arable land is limited, which raises a need for making the maximum out of each farm. Availability of cost-efficient labor has always been a struggle in conservatively populated developed countries but this restraint is also quite evident in emerging economies wherein urbanization is expanding. Consequently, the market for autonomous farm equipment is expanding, which essentially constitutes equipment such as auto-steering systems in farm tractors, irrigation machinery, harvesters, guidance systems, and drones. Increased focus of industry players to reduce overall grain production costs by the means of hardware and software and growing adoption of the Internet of Things (IoT) tools are some of the key factors that are poised to augment the demand in the global autonomous farm equipment market.
On the other hand, the market is obstructed by the fact that various promising equipment are still in development phase. Autonomous farm tractors require a number of components such as sonar, lidar, and radar, most of whom are still in prototype phase. High cost of these equipment is also a major restraint that is holding the market from expanding profitably in rural areas of emerging economies.
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This report has analyzed all important drivers and restraints of the autonomous farm equipment market, explored latest trends and opportunities, segmented it into smaller aspects, gauged the potential of demand that will be coming from different regions and countries, and profiles several prominent players for their market shares. The report has been developed as a business intelligence report for targeted audiences such as manufacturers of agriculture equipment including farm tractors, implements, and combines, suppliers and distributors, connected solutions and other advanced technology software providers, and government and regulatory authorities.
Autonomous Farm Equipment Market: Overview
The global market for autonomous farm equipment is expected to expand at a robust rate over the forthcoming years. The surge in demand within the market can be attributed to the rapid adoption of new techniques and technologies within farming. The increasing population gas placed an onus upon the agricultural sector to cater to the ever-increasing demand for food grains. This has in turn necessitated the presence of a robust set of farming equipment and devices that can augment production of crops. The market for autonomous farming equipment has trodden an escalating trajectory of growth over the past and is expected to continue on its streak of success. Autonomous farming equipment including driverless tractors and picking systems help in easing the tasks within farming from sowing to reaping of crops.
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The global market for autonomous farm equipment can be segmented based on the following criterion: type of product and geography. Each of these segments need to be closely scrutinized to gain an overview of the entire market.
The report presents valuable insights about the global market for autonomous farm equipment and is an authentic source of information for the market players and analysts. The report considers several forces operating in the market and syncs them together to give a wholesome view.
Autonomous Farm Equipment Market: Trends and Opportunities
Governments across the globe are under immense pressure to ensure that all the mouths within their administrative get adequate food resources. In order to do this, the productivity of the cultivable land needs to be optimized by deploying a range of devices and equipment that help in sowing and reaping the crops. Hence, the government has been extremely supportive for the farmers, which has increased demand for autonomous farm equipment in recent times. Furthermore, the scantiness of cultivable land calls for swift cycles of sowing and reaping. Since manual work takes more time, the demand for autonomous farming equipment has touched new heights in recent times.
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Autonomous Farm Equipment Market: Geographical Landscape
The agricultural sector in the US has been amongst the most splendid ones in the world. The government has always fortified the agricultural sector in the US by providing subsides and other benefits. Hence, the market for autonomous farm equipment in North America has attracted commendable demand in recent times. In Europe, the farmers have resorted to the use of nascent technologies in order to accelerate the process of sowing and cultivation. India’s reliance on the agricultural sector for its GDP has directly influenced the growth of the global market for autonomous farm equipment across Asia Pacific.
Autonomous Farm Equipment Market: Competitive Landscape
John Deere, AGCO, Case IH, Agricultural Solutions Ltd, Agribotix, Autonomous Tractor Corporation, and Agrobot are amongst the key player in the global market for autonomous farm equipment.
The study presents reliable qualitative and quantitative insights into:
Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis
The regional analysis covers:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
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Asia-Pacific Agriculture Drones Market is Anticipated to Show Growth by 2023
Market Overview of Asia-Pacific Agriculture Drones Industry: This report studies the Agriculture Drones market status and outlook of Asia-Pacific and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in Asia-Pacific and major regions, and splits the Agriculture Drones market by product and Application/end industries.
Download Free Sample Copy @ https://www.reportsmonitor.com/request-sample/?post=609455 The Agriculture Drones market is characterized by constant technological innovation to keep pace with the changing industrial needs. This Agriculture Drones Market report provides the detailed analysis of worldwide markets for Agriculture Drones from 2013-2018 and provides extensive market forecasts 2018-2023 by region/country and subsectors.
The report firstly introduced the Agriculture Drones Market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Scope of the Report This report studies the Asia-Pacific Agriculture Drones market analyzes and researches the Agriculture Drones development status and forecast in Asia-Pacific, China, Japan, South Korea, Taiwan, India, Southeast Asia, Australia.
This report focuses on the Following top players: DJI, 3DR, Trimble Navigation, DroneDeploy, AgEagle, Agribotix, AutoCopter, Delair-Tech, Eagle UAV Services, HoneyComb, PrecisionHawk, Parrot, Yamaha Motor, AeroVironment.
Market segment by Type, Agriculture Drones can be split into: Hardware, Software.
Market segment by Applications: Original Equipment Manufacturers (OEMs), OEM Technology Solution Providers.
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additionally, this report recognizes pin-point investigation of adjusting competition subtleties and keeps you ahead in the competition. It offers a fast looking perception of different variables driving or averting the development of the Agriculture Drones market. It helps in understanding the key product areas and their future. It guides in taking knowledgeable business decisions by giving complete constitutions of the market and by enclosing a comprehensive analysis of market subdivisions. To sum up, it equally gives certain graphics and personalized SWOT analysis of premier market sectors.
Key Question for this Market Report What are the most important aspects driving the worldwide Property Management System (PMS) Market? What are the necessary trends impacting the build-up of the worldwide Property Management System (PMS) Market? What is going to the industry size as well as growth rate be in 2023? Who will be the key manufacturers in this particular Market space? What are the trending factors influencing the Market shares in next few years?
View Complete Report and TOC @ https://www.reportsmonitor.com/asia-pacific-agriculture-drones-market-report-2018/ We at Reports Monitor provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide, backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.
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Agriculture Analytics Market Emerging Trends, Size, Growth Opportunities
Agriculture analytics is a technology used in the agricultural sector that provides useful information for optimizing farming operations. Farmers can make smart farming decisions using that information throughout the production cycle from planning to plantation, harvesting and marketing. Agriculture analytics provides considerable data and reports on farming by collecting thousands of images of field crops and uses sensors and analytics for minimizing crop spoilages and food-borne diseases. Analytics provides a platform to the farmers for optimizing farming performances according to weather conditions resulting in improving the crop yield.
The investment in this market is rising globally as the introduction of this automated technology in agriculture has led to precision farming leading to saving time as well as resources of the farmers.
The market for agriculture analytics is projected to experience substantial rise in the growth rate along with a steady rise in its CAGR through 2030 owing to rising government initiatives for deploying improved agricultural methods.
Get Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7126
Key Growth Factors:
The rising pressure to meet the global demand for food due to increasing population along with the need to improve crop yield is surging the growth of agriculture analytics market. Consciousness regarding the health and well-being is further adding its contribution to the growing demand as this technology results in preventing food-borne diseases and improves productivity.
Initiatives taken by the government across the globe in the form of awareness programs and assistances such as provision of loans, subsidies, incentives etc to the farmers for introducing smart farming technologies are augmenting the growth of this market.
The facilitation of agricultural operations by the adoption of this technology is attracting the farmers as well as manufacturers to introduce agriculture analytics in their operations. This technology enables the farmers to optimize their operations according to changing climatic conditions, reduce crop infections, avoid wastage of resources, and improve crop yields.
Key Restraints:
High intial cost is a major restraint to this market. The farmers have to make high investments in global positioning systems, drones, GIS etc to collect data from GPS devices. The covid 19 pandemic has disrupted the progress of this market globally due to restrictions in import and export activities, shut-down of production hubs and transport barriers. The farmers are going through acute financial crisis leading to further decline in the market growth.
COVID-19 Impact:
The pandemic has negatively influenced the global market for agriculture analytics. Several industrial players are facing its dire consequences. Lockdown, social distancing, trade barriers, transportation limitations, shut down of production centers etc have created a decline in the progress of agriculture analytics market. The farmers across the world are suffering from financial crisis leading to reduction in the adoption of these technologies. Since the time relaxtions in import-export activities, transportations, opening of production centers etc have been given by the government, the market is observing little progress everyday. The market players are trying to regain their earlier position through the adoption of organic as well as inorganic strategies in their operations. As per analysts, the market for agriculture analytics will experience steady rise in its growth rate even in the pandemic due to growing consciousness regarding health, sanitation and well-being of people as well the government’s initiatives to adopt smart technologies globally.
Region-Wise Forecast:
The market for agriculture analytics is currently going through expansion phase with rising demands from agricultural sector. North America is projected to witness a steady rise in its market growth over the forecast period. The government initiatives towards smart farming in United States, Mexico and Canada are creating significant opportunities for the market players in North America to expand their operations globally. According to analysis, the US will continue to be one of the leading markets for agriculture analytics globally.
On the other hand, Asia Pacific is expected to be the second largest market due to extraordinary efforts given by the goverment in India and China. Indian government is actively focusing in encouraging the farmers to adopt advanced farming equipments and techniques which is propelling the market growth in Asia Pacific. The government is providing subsidies, incentives and loans to the farmers with zero interest rates in India. The rising investments by the manufacturers in agriculture analytics in China and Japan is further leading to the rising market growth.
Furthermore, the growing need to maintain a healthy agricultural yield in Germany, France, Italy and Spain is surging the market growth in Europe. Europe is predicted to achieve third largest position in this market globally owing to a number of factors such as increasing food demand, rising government initiatives, awareness regarding healthy agricultural yield, adoption of latest technologies, rising investments in agricultural automation etc.
Middle East and Africa is anticipated to witness fastest growing CAGR rate through 2030 on account of rising pressure to meet global demand for food, need to improve crop yield and adoption of modern farming practices.
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Market Segmentation:
By Deployment Modes:
Cloud
On-premises
By Component:
Solution
Services
By Application:
Farm analytics
Livestock analytics
Aquaculture analytics
Others [orchid,forestry,horticulture)
By Farm Size :
Large farms
Small farms
Medium farms
By Region:
North America
Europe
Asia Pacific
Middle East and Africa
South America
Competitive Landscape:
The global market for agriculture analytics is highly fragmented. Some of theprominent vendors in this market are Deere & Company, IBM Corporation, SAP SE Company, Accenture Incorporation, HelioPas AI Corporation, AgVueTechnologies, Conservis Corporation, Gro Intelligence Corporation, Farmers Edge Corporation, Trimble, Monsanto, Agribotix Technologies, Proagrica, Precision Hawk, Stesalit Systems, AGEYE Technologies, Agrivi Corporation, RESSON Incorporation, Fasal Company, Onesoil Corporation, Root AI etc.
The leading players in this market are introducing new varieties of products, bringing upgradations, innovations and improvisations in their existing products and services and are constantly focusing on expansions, joint ventures as well as collaborations with other corporations to combat the rising competition.For instance, Trimble Corporation has introduced a new entry level Trimble Ag Software subscription known as Farmer Core to enable the farmers to connect all aspects of their farm operations leading to facilitation ofagricultural operations and expansion of the market presence. In addition to Trimble Corporation, Deere and Company has launched an updated software to enhance automation, functionality, documentation and security of Generation 4 4600. This updated software namely 19-1 Software has provided high level of automation activation enabling the company’s machine sync harvest functionality on generation 4 for the tractors. This has resulted in helping the company in grabing a major market share.
Key Q&A
How big is the global agriculture analytics market?
The agriculture analytics market is worth USD 700 million. Growing use of analytics in agriculture is likely to steer growth at over 14% CAGR through 2030.
Which is the largest market for agriculture analytics?
The US is the largest maret for agriculture analytics. In agrarian economies like China and India, the potential for agriculture analytics is significant
Where is market opportunity concentrated?
The market opportunity is concentrated in the livestock category, as colossal amount of data is generated on a daily basis
How are SMEs adopting ariculture analytics?
The agriculture analytics penetration is quite low among SMEs at the moment. Advanced made previously have been beset by COVID-19 induced dowturn.
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