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Precision Agriculture Market Analysis By Component (Hardware, Software & Services), By Technology (Variable Rate Technology, Remote sensing, Guidance Systems), By Application, By Region And Segment Forecasts, 2014 - 2025NEW YORK, Feb. 23, 2017 /PRNewswire/ -- The global precision agriculture market is expected to reach USD 43.4 billion by 2025, according to a new report by Grand View Research, Inc. Precision agriculture is a farming technique which enables the efficient farming and improves the productivity with the application of various technologies. The technology provides the sustainable management of the resources for enhancing the food productivity. Although, biometrics technology-based devices are employed to counter security issues, theft ,or misuse, biometric data poses a severe risk to individual privacy, which can further hinder the market growth over the forecast period. Further key findings from the report suggest: Precision agriculture are gaining traction in the market, owing to the increasing awareness for enhanced production and less wastage Variable rate technology is anticipated to witness significant growth over the forecast period, owing to the increased adoption of technology across the industry The Asia Pacific region is projected to witness enormous growth with the increasing adoption of advanced technology in the countries, which include South Korea, China, and Japan The prominent players of the precision agriculture market are Dickey-John Corporation, Precision Planting, Inc., Raven Industries, SST Development Group, Inc. Read the full report: http://www.reportlinker.com/p04717549-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
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