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Imaging Technology for Precision Agriculture Market Analysis and In-depth Research on Size, Trends, Emerging Growth Fact

Persistence Market Research analyzes the global imaging technology market for precision agriculture over an eight year period from 2016 to 2024.
Nikita Limkar | 13.09.2017
The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global imaging technology market for precision agriculture over the forecast period (2016 – 2024). The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global imaging technology market for precision agriculture. The report lists two types of imaging technology – multispectral and hyperspectral, and studies their demand and forecast across various products for the period 2016-2024 in the global market.

The global imaging technology market for precision agriculture report starts with a market overview and provides market definition and analysis about the key drivers, restraints, opportunities, and key trends in the market. The following sections include an in-depth analysis of the global market – by technology, by product, and by region. All the three sections evaluate the global imaging technology market for precision agriculture on the basis of various factors affecting the global imaging technology market for precision agriculture, covering the present scenario and future prospects. For market data analysis, the report considers 2015 as the base year, with the forecast provided for 2016–2024.

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The final section of the global imaging technology market for precision agriculture report presents a competitive landscape of the global imaging technology market for precision agriculture to provide report audiences with a dashboard view of leading market players operating in the global imaging technology market for precision agriculture, along with information on their market performance, SWOT analysis, and key business strategies. Over the years, companies such Headwall Photonics, Ximea, Teledyne Dalsa etc. have significantly increased their footprint in the global imaging technology market for precision agriculture.

Research Methodology

To understand and assess the demand and opportunities in the global imaging technology market for precision agriculture, the report is categorically split into three major sections, namely market analysis by technology, by product, and by region. The report analyzes the global imaging technology market for precision agriculture in terms of market value (US$ Mn). The report begins by sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the ever-fluctuating nature of the global economy, the report presents forecasts not only in terms of CAGR, but also analyzes the global imaging technology market for precision agriculture on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global imaging technology market for precision agriculture.

The report also analyzes the various segments of the global imaging technology market for precision agriculture in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important to identify the many trends governing the global imaging technology market for precision agriculture. Another key feature of this report is a comprehensive analysis of the global imaging technology market for precision agriculture revenue forecast in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global imaging technology market for precision agriculture. In order to understand key growth segments in terms of growth and performance in the global imaging technology market for precision agriculture, Persistence Market Research has also developed a market attractiveness index to help providers identify real market opportunities in this market.

Report Link: https://www.persistencemarketresearch.com/market-research/imaging-technology-for-precision-agriculture-market.asp

The global imaging technology market for precision agriculture is segmented into two main segments – namely by technology and by product. The technology segmented is further sub-segmented into multispectral technology and hyperspectral technology. The product segment is further sub-segmented into cameras, sensors, software, and others.

Revenue generated by the global imaging technology market for precision agriculture is estimated to reach US$ 567.4 Mn by 2016, witnessing an increase of 6.2% over 2015. In the technology segment, hyperspectral technology is estimated to increase at the highest growth rate during the forecast period, followed by multispectral technology. Decreasing cost of hyperspectral technology and the information available through this technology being much more detailed than multispectral technology are some of the factors expected to drive demand for this technology. The multispectral technology segment is estimated to hold the largest share among the imaging technologies available for precision agriculture, accounting for US$ 434.1 Mn by 2016, up from US$ 408.4 Mn in 2015.