Market Research Reports

Precision agriculture is an approach to farm management that uses specialized equipment to produce more food at a fraction of the cost. It is also known as satellite agriculture or site-specific crop management (SSCM) and gives the farmers the ability to use crop inputs, such as pesticides, tillage and irrigation water, and fertilizers. Precision agriculture uses GPS, geographical information system (GIS) and remote sensing (RS) with an objective to improve profitability, productivity, quality and sustainability of the crops. According to the latest report, titled Precision Agriculture Market, the global precision agriculture market reached a value of US$ 4.8 Billion in 2017 The major factors driving the precision agriculture market is the growing use of cloud-based technology, rising use of smart phones and the increasing application of technology in farming with the aim of minimizing the human efforts and losses. Add...