Imaging Technology for Precision Agriculture Market Share, Types, Applications, Products, Size, Growth, Insights and Forecasts Report 2028
An extensive study of the product application and services conducted by subject matter experts assessing the Imaging Technology for Precision Agriculture market will help product owners to make a wise decision. From analyzing which products companies should produce, expand to how brands should position their product the study covers all that business owners require meeting the buyers’ requirement
Steady revenue growth of the market can be attributed to increased food production to feed a growing population. Adoption of data analytics, ease of aerial imagery, and deep learning in the agricultural sector to improve crop yield is driving revenue growth of the global imaging technology for precision farming market. Rising need for maximizing crop yield while minimizing labor, input costs, resources, and wastage is resulting in collaboration between farmers and agtech companies for adoption of advanced imaging technologies for precision farming.
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Further key findings from the report suggest
In July 2019, MicaSense, which is a leader in developing drone sensors for precision agriculture, entered into a partnership with FluroSat, which is a software company focusing on agronomic analytics delivery. The collaboration was formed better serve imagery and analytics to stakeholders in the agriculture sector. Usage of multispectral data from MicaSense’s RedEdge and Altum sensors, in combination with Flurosat analytics in field crops, is expected to reduce fertilizer and water management costs and improve crop yield. The multispectral technology segment accounted for revenue share of 65.2% in 2020. Increasing usage of multi-spectral imaging to measure crop health is driving deployment of multispectral technology in the agricultural sector. Sensors segment revenue is expected to register a CAGR of 9.1% during the forecast period. Availability of advanced and cost-effective sensors can ensure high-resolution spectral imaging technology is more accessible to the agricultural sector, and drive demand for sensors during the forecast period. Have a look at Report Description and Table of Contents of Market Report @https://www.emergenresearch.com/industry-report/imaging-technology-for-precision-agriculture-market
Report Objective:
The report offers a complete analysis of the global Imaging Technology for Precision Agriculture market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Tetracam, Bayspec, MicaSense, XIMEA, Teledyne DALSA, Resonon Inc., Pixelteq, Sentek Technologies, Quest-Innovations BV, and 4D Technologies. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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Emergen Research has segmented global imaging technology for precision agriculture market on the basis of technology, product, and region:
Technology Outlook (Revenue, USD Million; 2021–2028) Hyperspectral Technology Multispectral Technology Product Outlook (Revenue, USD Million; 2021–2028) Sensors Cameras Software Others Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
The report provides a forecast of market drivers, restraints, and future opportunities for the Imaging Technology for Precision Agriculture market The report further analyses the changing market dynamics Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth Extensive competitive landscape mapping with profiles of the key competitors In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies Revenue forecast, country scope, application insights, and product insights Request customization of the report:https://www.emergenresearch.com/request-for-customization/927
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