GPS in Agriculture Market Scope
GPS permits farmers to accurately navigate to specific locations within the field, year after year, to gather soil samples or monitor crop conditions. Crop advisors use rugged data collection devices with GPS for correct positioning to map pest, insect, and weed infestations in the field. GPS plays a vital role in deciding the soil property of a given soil to determine its variability and suitability for a given crop. It additionally helps researchers identify which area of a farmland contains what kind of soil and what area is suitable for a given crop
The GPS in Agriculture market study is segmented, by Application (Yield Monitoring, Variable Rate Application, Field Mapping, Soil Monitoring, Crop Scouting and Other Applications) and major geographies with country level break-up.
There are various companies that are exploring the market opportunities by investing in the new treatment and also expanding their footprints in new geographic regions by adopting various strategic initiatives such as mergers & acquisitions, expansions, investments, new product launches, and others. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global GPS in Agriculture market throughout the predicted period.
Deere & Company (United States), CropMetrics LLC (United States), Trimble Navigation Limited (United States), CropX (Israel), AgSmarts Inc (United States), AgSense LLC (United States), AGCO Corporation (United States), Dickey-John Corporation (United States) and Monsanto Company (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Ag Leader Technology (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global GPS in Agriculture market by Type, Application and Region.
On the basis of geography, the market of GPS in Agriculture has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Emergence of New Technologies
Market Drivers
- Environmental Factors Affecting Agriculture Production
- Government Initiative and Increasing Number of Startups
Opportunities
- Technological Advancement is Reducing the Cost of Many Advance Equipment
Restraints
- Availability of Substitute
Challenges
- Difference in Awareness in Different Regions is also Resulting in Varying Adoption Patterns in These Regions
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations, End-Use Industries and Others