Crop Monitoring Market
As per Meticulous Researchu00ae, the Crop Monitoring Market is set to achieve a worth of $8.9 billion by 2030, growing at a CAGR of 19.3% from 2024 onward.n
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What Role Will Satellite Technology Play in the Crop Monitoring Market's Growth to $8.9 Billion by 2030?
Crop MonitoringMarket2024-2030 Meticulous Research , a top-tier provider of market insights, recently released its report on the crop monitoring market, titled Crop Monitoring Market by Offering, Technology, Farm Type, Application, and Geography - Global Forecast to 2030 . The report projects the global crop monitoring market to achieve $8.9 billion in revenue by 2030, expanding at a CAGR of 19.3%. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5659? Growth is spurred by the rising demand for precision farming technologies, government-backed IoT initiatives in agriculture, and the need for high-quality produce due to population increases. However, challenges include high technology costs and regulatory complexities, which may restrain market momentum. Technological Integration in Crop Monitoring AI and IoT technologies are increasingly integrated into crop monitoring systems, opening new opportunities for growth. However, obstacles such as low adoption rates in developing regions and insufficient technical training for farmers could impact the industry s full potential. Meticulous Research s segmented analysis provides insights into the market across several areas, including offerings, technologies, farm sizes, applications, and geographic regions, while also examining competitors and country-specific trends. Market Segmentation by Offerings, Technology, and Applications In terms of offerings, the hardware segment is forecasted to dominate in 2024, driven by agricultural automation, drone adoption, and labor cost increases. Notable products include XAG Co., Ltd. s agricultural drones, launched in 2021 to support rural areas in farm mapping and health assessments. Within the technology segment, remote sensing is expected to capture the largest market share due to lower sensor prices and enhanced government funding for automation. For instance, Farmsense introduced FlightSensor in 2022, a pest-monitoring tool aiding farmers in managing crops and yields. For farm types, large farms are anticipated to hold the largest share due to early technology adoption and extensive monitoring requirements. Yield monitoring, a key application segment, benefits from initiatives like NASA s 2021 partnership with CropX Inc. to address sustainable agriculture challenges and improve yields. Geographic Overview and Key Competitors Page 1 of 4 Meticulous Research| sales@meticulousresearch.com
Crop MonitoringMarket2024-2030 Europe is projected to lead the market due to increased food quality standards and government investments in precision farming and IoT, such as the EU-funded Robs4Crops project, which fosters automation in agriculture. Key industry players include Topcon Corporation, Trimble Inc., Yara International ASA, and others, all contributing to innovative advancements that will shape the crop monitoring market. Buy Now: https://www.meticulousresearch.com/Checkout/86634126? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 4 Meticulous Research| sales@meticulousresearch.com
