Imaging Technology For Precision Agriculture Market
Imaging Technology for Precision Agriculture Market Forecasts to 2030 - Global Analysis By Product (Sensors, Software, Cameras and Other Products), Technology (Hyperspectral technology and Multispectral technology), Application(Crop Scouting, Field Mapping, Inventory Management, Irrigation Management, Weather Tracking & Forecasting and Yield Monitoring) and by Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $1,034.73 MN |
|
Projected Year Value (2030) |
US $1,965.63 MN |
|
CAGR (2023 - 2030) |
9.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Imaging Technology for Precision Agriculture Market is accounted for $1,034.73 million in 2023 and is expected to reach $1,965.63 million by 2030 growing at a CAGR of 9.6% during the forecast period. Imaging Technology for Precision agriculture (PA) is an agricultural management idea built on monitoring, quantifying, and reacting to crop variability both within and between fields. Precision agriculture is the process of making crop management decisions using real-time data for agricultural characteristics including soil quality, chemical composition, air quality, moisture content, etc. There are many technologies accessible, including the global positioning system, unmanned aerial vehicles, variable rate technology, guidance technology, and mapping technology.
According to the UN Food and Agriculture Organization, to meet the demand of rapidly growing world population, food production must rise by 60% by the end of 2050 for which precision agriculture can assist in this situation.
Market Dynamics:
Driver:
High demand in image technology and reduce in cost
Precision farming with reduced costs, enhanced data accuracy, and simplicity of use are driving the market growth. Additionally, there are several uses for imaging systems in precision farming, including monitoring of animals, crop health, environmental impact assessment, irrigation equipment monitoring, identification of weeds and pests, and variable rate fertility. The demand for image technology in precision farming is expected to increase in the near future.
Restraint:
Lack of internet and standardization
Particularly in isolated or rural regions, precision agriculture depends on dependable connectivity and a strong infrastructure. The transmission and processing of real-time data may be hampered in some areas, though, by a lack of effective internet connectivity. Imaging technology's uptake and efficacy can be constrained by a lack of infrastructure, particularly for farmers operating in sparsely networked regions. However, data formats, interoperability, and system compatibility are not standardized and this inhibits the use of various systems. This lack of standardization might make it difficult to combine various technologies or share data across platforms, impeding easy data sharing and cooperation.
Opportunity:
Government support and new education programmes
Governments all across the world are becoming aware of precision agriculture's potential to address issues with food security, lessen its negative effects on the environment, and increase farm profitability. They are putting policies into place, offering financial incentives, and boosting technological use in agriculture as a result. Farmers are encouraged to embrace imaging technologies and make investments in precision agriculture methods through such support and legislation and are becoming more and more aware of the advantages of imaging technologies and precision agriculture. Additionally, education-related programs, business gatherings, and demonstration projects are promoting and displaying the advantages of these technologies.
Threat:
Low financial resources and high costs
Precision agricultural imaging technology implementation sometimes entails high initial expenses. The cost of purchasing tools like drones, sensors, and imaging equipment can be high. There can also be expenses for software, training, and data management systems. Smaller farmers or those with low financial resources may find it difficult to get started because of these hefty initial costs. Specialized knowledge may be necessary for the interpretation of imaging data, sensor calibration, data integration, and result analysis.
Covid-19 Impact:
The farms were understaffed as a result of the lockdown. The farmers are finding it difficult to carry out plantation activities as a result of the labor scarcity. Additionally, there is a dearth of transportation equipment like trucks and trains. Farmers may have trouble comprehending and using the technology successfully, especially if they don't have access to technical assistance or training. The COVID-19 pandemic is anticipated to impede market expansion due to the aforementioned issues.
The camera segment is expected to be the largest during the forecast period
The imaging technology for precision agriculture has a sizable camera section. Cameras are essential for gathering visual information and imagery for a variety of agricultural applications. Some of the cameras like aerial vehicles fly above the fields and take pictures and videos in high definition, which can provide important details about the health of the crops, the density of the plants, weed infestations, and other factors. These cameras make it possible to efficiently and swiftly monitor vast areas.
The field mapping segment is expected to have the highest CAGR during the forecast period
Field mapping segment is expected to witness lucrative growth throughout the projected time frame. Making accurate and detailed maps or representations of agricultural fields while collecting diverse spatial and non-spatial data is known as field mapping. Moreover, farmers can construct prescription maps that direct the precise use of inputs by mapping the characteristics and variations of their fields. By ensuring that resources are allocated as efficiently as possible, VRA mapping increases productivity and decreases waste in agricultural operations.
Region with largest share:
During the forecast period, Asia Pacific is anticipated to report extremely rapid revenue growth. The demand for imaging technologies for precision agriculture in the region is driven by the growing requirement to feed a population that is expanding quickly. The region is adopting imaging systems, GIS-based soil analysis, climate prediction, water asset information, and mobile-based farming technologies at a faster rate due to the growing need to boost farm productivity and agricultural yield. The agricultural sector in the region is using imaging systems more frequently as a result of the growing use of digital imaging to assess crop health, particularly fungus infection.
Region with highest CAGR:
North America is expected to have the highest CAGR over the forecast period. The market for imaging technology for precision agriculture in the area is expanding as a result of the growing usage of advanced imaging technologies in the agricultural sector. The need for imaging systems in the agricultural sector is increasing as a result of the high cost of labor in agriculture and the reduction in the agricultural workforce in the region's countries.
Key players in the market
Some of the key players in Imaging Technology For Precision Agriculture market include 4D Technologies, Bayspec, MicaSense, Pixelteq, Quest-InnovationsBV, Resonon, Sentek Technologies, Teledyne DALSA, Tetracam and XIMEA
Key Developments:
In March 2023, XIMEA Releases 3rd Generation of Sony CMOS Pregius Sensors in Cameras. XIMEA design additionally provides the smallest size with a 26 x 26 x 30 mm footprint and weight of around 30 grams
In October 2022, XIMEA and Agrowing are pleased to announce their cooperation for the development and distribution of high-resolution, multispectral systems at VISION 2022.Both companies combine their existing technologies to produce fast, integrated systems. Agrowing manufactures multiple lenses systems with different spectral bands. XIMEA is adapting its fast PCIe and USB3 cameras with large image sensors to optimally support the lenses.
Products Covered:
• Sensors
• Software
• Cameras
• Other Products
Technologies Covered:
• Hyperspectral Technology
• Multispectral Technology
Applications Covered:
• Crop Scouting
• Field Mapping
• Inventory Management
• Irrigation Management
• Weather Tracking & Forecasting
• Yield Monitoring
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Imaging Technology for Precision Agriculture Market, By Product
5.1 Introduction
5.2 Sensors
5.3 Software
5.4 Cameras
5.5 Other Products
6 Global Imaging Technology for Precision Agriculture Market, By Technology
6.1 Introduction
6.2 Hyperspectral Technology
6.3 Multispectral Technology
7 Global Imaging Technology for Precision Agriculture Market, By Application
7.1 Introduction
7.2 Crop Scouting
7.3 Field Mapping
7.4 Inventory Management
7.5 Irrigation Management
7.6 Weather Tracking & Forecasting
7.7 Yield Monitoring
8 Global Imaging Technology for Precision Agriculture Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 4D Technologies
10.2 Bayspec
10.3 MicaSense
10.4 Pixelteq
10.5 Quest-Innovations BV
10.6 Resonon
10.7 Sentek Technologies
10.8 Teledyne DALSA
10.9 Tetracam
10.10 XIMEA
List of Tables
1 Global Imaging Technology for Precision Agriculture Market Outlook, By Region (2021-2030) ($MN)
2 Global Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
3 Global Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
4 Global Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
5 Global Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
6 Global Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
7 Global Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
8 Global Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
9 Global Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
10 Global Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
11 Global Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
12 Global Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
13 Global Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
14 Global Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
15 Global Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
16 Global Imaging Technology for Precision Agriculture Market Outlook, By Yield Monitoring (2021-2030) ($MN)
17 North America Imaging Technology for Precision Agriculture Market Outlook, By Country (2021-2030) ($MN)
18 North America Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
19 North America Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
20 North America Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
21 North America Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
22 North America Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
23 North America Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
24 North America Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
25 North America Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
26 North America Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
27 North America Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
28 North America Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
29 North America Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
30 North America Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
31 North America Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
32 North America Imaging Technology for Precision Agriculture Market Outlook, By Yield Monitoring (2021-2030) ($MN)
33 Europe Imaging Technology for Precision Agriculture Market Outlook, By Country (2021-2030) ($MN)
34 Europe Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
35 Europe Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
36 Europe Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
37 Europe Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
38 Europe Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
39 Europe Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
40 Europe Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
41 Europe Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
42 Europe Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
43 Europe Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
44 Europe Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
45 Europe Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
46 Europe Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
47 Europe Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
48 Europe Imaging Technology for Precision Agriculture Market Outlook, By Yield Monitoring (2021-2030) ($MN)
49 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Country (2021-2030) ($MN)
50 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
51 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
52 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
53 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
54 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
55 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
56 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
57 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
58 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
59 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
60 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
61 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
62 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
63 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
64 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook, By Yield Monitoring (2021-2030) ($MN)
65 South America Imaging Technology for Precision Agriculture Market Outlook, By Country (2021-2030) ($MN)
66 South America Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
67 South America Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
68 South America Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
69 South America Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
70 South America Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
71 South America Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
72 South America Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
73 South America Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
74 South America Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
75 South America Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
76 South America Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
77 South America Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
78 South America Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
79 South America Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
80 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Country (2021-2030) ($MN)
81 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Product (2021-2030) ($MN)
82 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Sensors (2021-2030) ($MN)
83 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Software (2021-2030) ($MN)
84 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Cameras (2021-2030) ($MN)
85 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Other Products (2021-2030) ($MN)
86 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Technology (2021-2030) ($MN)
87 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Hyperspectral Technology (2021-2030) ($MN)
88 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Multispectral Technology (2021-2030) ($MN)
89 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Application (2021-2030) ($MN)
90 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Crop Scouting (2021-2030) ($MN)
91 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Field Mapping (2021-2030) ($MN)
92 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Inventory Management (2021-2030) ($MN)
93 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Irrigation Management (2021-2030) ($MN)
94 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook, By Weather Tracking & Forecasting (2021-2030) ($MN)
List of Figures
List of Figures
Figure 1 Global Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 2 North America Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 3 US Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 4 Canada Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 6 Europe Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 7 Germany Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 8 UK Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 9 Italy Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 10 France Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 11 Spain Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 14 Japan Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 15 China Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 16 India Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 17 Australia Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 21 South America Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 24 Chile Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 28 UAE Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Imaging Technology for Precision Agriculture Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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