Projection of Revenue Growth:
The Crop Monitoring Market size was valued at USD 3.51 Bn. in 2023 and the total revenue is expected to grow at 15.2% through 2024 to 2030, reaching nearly USD 9.46 Bn.
Crop Monitoring Market Overview:
Leading research company Maximize Market Research has released an extensive analysis on the "Crop Monitoring Market." A thorough examination of price, demand, business insights, and the competitive environment is provided in this research. It provides estimates for the projected term and covers the foundation year of the market.
Crop Monitoring Market Scope:
A thorough overview of the Crop Monitoring Market business, including a breakdown of the many Crop Monitoring Market and their subsets, is provided in the Crop Monitoring Market report. Primary and secondary research approaches are used to collect the data. The research offers projections for the Crop Monitoring Market based on current market trends and scenarios for both product and geographic categories. This study offers a thorough analysis of the global Crop Monitoring Market with a particular emphasis on the specifics of the major companies, such as their product offerings, costs, portfolios, yearly revenue ranges, expansion plans, and geographic reach.
Crop Monitoring Market Regional Insights:
With a 43.2% market share in 2023, North America leads the crop monitoring industry. The presence of major players in the agri-tech sector, including Trimble, John Deere, AGCO, and others, is responsible for the significant market share in the crop monitoring sector. As a result of the increased adoption of agricultural technology in nations like China, Japan, Australia, India, and China, the Asia-Pacific region holds a 22% market share in 2023. Furthermore, the crop monitoring market in Asia Pacific may expand as a result of significant government reforms in the area aimed at improving and modernizing the agriculture sector.
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Segment Covered in the Crop Monitoring Market:
by Type
Sensing & Imagery
VRT
Automation & Robotics
by Application
Field Mapping
Crop Monitoring
Soil Scouting
The Crop Monitoring Market is divided into three segments based on application: Field Mapping, Crop Monitoring, and Soil Scouting. Due to the growing need to identify pests and other illnesses as soon as possible in order to apply an effective treatment given to the crop at the appropriate time, crop monitoring is expected to dominate the crop monitoring market in 2023 with a 40% market share. The crop monitoring sector is also expected to experience increased market growth in the forecast period.
List of the Key Players in the Crop Monitoring Market:
1. John Deree
2. Agrisource Data
3. Raven Industries
4. AGCO Corporation
5. Pessl Instruments
6. Mouser Electronics
7. Topcon Corporation
8. Agjunction
9. Taranis Visual
10. CorpX
11. Trimble
12. Yara International ASA
13. The Climate Corporation
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Key questions answered in the Crop Monitoring Market are:
- What is Crop Monitoring Market?
- What was the market size of Crop Monitoring Market?
- What is the growth rate of the Crop Monitoring Market?
- What factors are expected to drive growth in the Crop Monitoring Market?
- What are the different segments within the Crop Monitoring Market?
- What strategies are companies considering to enhance their presence in the Crop Monitoring Market?
- What are the emerging industry applications and trends in the Crop Monitoring Market?
- What recent trends in the industry could create additional revenue opportunities in the Crop Monitoring Market?
- Who are the leading companies in the Crop Monitoring Market, and what are their key offerings?
- Which segments are included in the Crop Monitoring Market?
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