What is Crop Monitoring Market Scope?
The monitoring of crop growth and performance during developmental stages is an important aspect of agricultural management. It enables the farmer to implement timely interventions that ensure optimal yields at the end of the season. Poor water availability, extreme temperatures, nutrient deficiency, and among other stress factors prevent crops from developing at the rate they are capable of. Thereby, crop monitoring system monitors the crops during their growth and harvesting and through to the first storage point – minimizing any potential risks of losses.
The Crop Monitoring market study is being classified, by Application (Field mapping, Crop scouting and monitoring, Soil monitoring, Yield mappping and monitoring, Variable rate application, Weather tracking and forecasting and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Crop Monitoring market throughout the predicted period.
Topcon Corporation (Japan), Trimble (United States), The Climate Corporation (Subsidiary Of Bayer) (United States), Yara International (Norway), Cropx Technologies (United States), Cropio (United States), Earth Observing System (Eos) (United States), Precisionhawk (United States), Ag Leader (United States) and Taranis (Israel) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cropin Technology Solutions (India), Slantrange (United States), Senetera (Italy), American Robotics (United States), Sensefly (China), Surface Optics Corporation (United States), Cropom (Austria), Agremo (Serbia) and SGS (Switzerland).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Crop Monitoring market by Type, Application and Region.
On the basis of geography, the market of Crop Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 13 Jan. 2020, CropX, a leading global soil sensing and agricultural analytics company, announced the acquisition of Nebraska-based CropMetrics, a prominent provider of cloud-based, precision-irrigation tools. Current CropMetrics and CropX partners and customers will now have access to an unmatched combination of in-soil data, advanced farm management analytics and decision-support tools.
On 26 April 2019, Yara International, a global leader in crop nutrition, and IBM, announced an agreement to build the world's leading digital farming platform, providing holistic digital services and instant agronomic advice.
Market Drivers
- Growing Literacy among Growers Regarding Digital and Remote Sensing Technologies across the Globe
- Rising Adoption of AI and Iot-Based Crop Monitoring Devices
- Increasing Concerns for High Yield, Farmers’ Profitability, Food Safety, and Traceability
Opportunities
- Increasing Focus on Sustainable Agriculture and Profitability for Farmers
- Surging Adoption of Remote Sensing Technology and Variable Rate Technology
Restraints
- Low Penetration of Advance Agriculture Technologies in Developing Countries
- Barriers Created By Limited Internet Connectivity in Developing Countries
Challenges
- Temporary Supply Chain Disruptions Due To COVID-19 Pandemic
- Small and Fragmented Land Holdings in Large Parts of World
Key Target Audience
Crop Monitoring Software Companies, Crop Monitoring Service Providers, Crop Monitoring Hardware Manufacturers, Potential Investors, Regulatory & Government Bodies, End Users and Others
Customization available in this Study:
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