Precision agriculture (PA) is a farming management concept based on monitoring, measuring, and responding to inter and intra-field variability in crops. The primary objective of precision agriculture is to define a decision support system (DSS) for the entire farm management with goal to optimize returns on inputs while preserving resources. By collecting real-time data for agricultural parameters such as soil quality, chemical composition, air quality, moisture content, etc. decision about crop management is known as precision agriculture. There are various technologies available including variable rate technology, guidance technology, unmanned aerial vehicle, mapping technology, and global positioning system. Imaging technology comes under the unnamed aerial vehicles (UAV) wherein it captures images to collect data with the help of software.

Market Dynamics

Advent of unmanned aerial vehicle (UAV) has offered numerous advantages to precision farming along with ease of use, improved data accuracy, and low cost. This, in turn, provides accuracy of data for imaging systems, thereby augmenting precision farming. Moreover, there are various applications of imaging systems in precision farming such as animal monitoring, crop health monitoring, environmental impact assessment, irrigation equipment monitoring, weed and pest identification, and variable rate fertility.  Hence, these factors are expected to drive growth of the market during the forecast period. Usage of UAV for precision farming offers the various mentioned benefits over aircraft- and satellite-enabled imaging systems. Among these mentioned advantages, low cost and lesser time required to capture and analyze data are expected to be the primary factors driving the adoption of UAVs, which will result in increasing demand for imaging technology in precision farming. Hence, these factors are expected to propel the global imaging technology market for precision agriculture growth in the near future.

Market Taxonomy

This report segments the Global Imaging Technology Market for Precision Agriculture Market on the basis of Technology, Product and Region. On the basis of Technology, Global Imaging Technology Market for Precision Agriculture Market is segmented into Multispectral and Hyperspectral. On the basis of Communication System and platform, the Global Imaging Technology Market for Precision Agriculture Market is segmented into Camera, Sensor, Software and Others. On the basis of region, Global Imaging Technology Market for Precision Agriculture Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the Global Imaging Technology Market for Precision Agriculture Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global Imaging Technology Market for Precision Agriculture Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Global Imaging Technology Market for Precision Agriculture Market includes Bayspec, Quest Innovations, Tetracam, Pixelteq, Micasense, Resonon¸ Ximea, and Teledyne Dalsa.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global Imaging Technology Market for Precision Agriculture market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Imaging Technology Market for Precision Agriculture Market

Detailed Technologyation:

• Global Imaging Technology Market for Precision Agriculture Market, By Technology:
• Multispectral
• Hyperspectral
• Global Imaging Technology Market for Precision Agriculture Market, By Product:
• Camera
• Sensor
• Software
• Others
• Global Imaging Technology Market for Precision Agriculture Market, By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
• Company Profiles
• Bayspec
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Micasense
• Pixelteq
• Quest Innovations
• Resonon
• Teledyne Dalsa.
• Tetracam
• Ximea

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