AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "GPS in Agriculture market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global GPS in Agriculture market to grow at a CAGR of %.
The Component, such as Hardware, is boosting the GPS in Agriculture market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global GPS in Agriculture market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Environmental Factors Affecting Agriculture Production and Government Initiative and Increasing Number of Startups. †
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 report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global GPS in Agriculture market , by Application (Yield Monitoring, Variable Rate Application, Field Mapping, Soil Monitoring, Crop Scouting and Other Applications) and major geographies with country level break-up that includes 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). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market