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Navigating Powered Agriculture Market: A Study of the Industry's Key Segments

Submitted by Jannashar on Thu, 03/23/2023 - 22:42

The latest research report by Emergen Research, named ‘Global Powered Agriculture Market - Forecast to 2030’, entails a comprehensive review of the global Powered Agriculture Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.

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The global powered agriculture market size reached USD 52.87 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period. Increasing need for cost-effective farming and demand for better quality farming products and equipment are some key factors expected to support market revenue growth between 2022 and 2030. In addition, increasing need to conduct real-time analysis of data will boost revenue growth of the market. GIS software for agriculture allows farmers to access geospatial data, aerial imagery, and online map data remotely. Unplanned cultivation and poor soil quality are major issues in agriculture that make the process more costly and time consuming. Thus, powered agriculture with GIS software can provide a cost-effective and time-efficient solution to the problem. Additionally, increasing government incentives to encourage smart farming techniques and stringent regulations to minimize pollution, avoid deforestation, and develop ways to absorb carbon from the atmosphere are factors expected to drive market revenue growth over the forecast period.

Table of Contents:

Chapter 1 includes an introduction of the global Powered Agriculture market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.

Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.

Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.

In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.

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The report is a comprehensive research study of the global Powered Agriculture market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

The leading companies operating in the global Powered Agriculture market include John Deere & Co., CNH Industrial N.V., Kubota Corporation, AGCO Corporation, Yanmar Power Technology Co., Ltd., CLAAS Tractor SAS, Iseki & Co., Ltd., SDF S.P.A., Alamo Group, Inc., and Zetor UK Ltd.

Emergen Research has segmented global powered agriculture market on the basis of component, technology, equipment, application, and region:

Component Outlook (Revenue, USD Billion; 2019–2030)
Hardware
Software
Services
Technology Outlook (Revenue, USD Billion; 2019–2030)
Guidance Technology
Remote Sensing
Variable Rate
Equipment Outlook (Revenue, USD Billion; 2019–2030)
Agricultural Unmanned Aerial Vehicles
Tractors (Driverless, Electric)
Combine Harvesters
Planters
Sprayers
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Crop Scouting
Field Mapping
Variable Rate Application
Yield Monitoring
Weather Tracking & Forecasting
Irrigation Management
Inventory Management
Farm Labor Management
Others
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Key Points Covered in This Section:

Regional contribution

Estimated revenue generation

Vital data and information about the consumption rate in all the leading regional segments

An expected rise in market share

Forecast growth in the overall consumption rate

Key Features of the Powered Agriculture Market Report:

The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats

The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares

Evaluation of key current and emerging market trends and growth prospects

It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth

Brief overview of industry with regards to research and development, technological advancements, and product development

In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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