Powered Agriculture Market Revenue Size, Trends and Factors, Regional Share Analysis & Forecast Till 2030

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Increasing need for cost-effective farming and rising demand for better quality and advanced farming equipment and products are key factors driving market revenue growth

The Global Powered Agriculture Market research study published by Emergen Research is an extensive collection of insightful information about the Powered Agriculture industry. The report covers the Powered Agriculture Market segmentation along with a detailed outline of the Powered Agriculture market size with regards to volume and valuation. The report provides comprehensive coverage of the Powered Agriculture market scenario for the current period and forecast timeline of 2021-2030. The Powered Agriculture market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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, according to latest analysis by Emergen Research. 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.

Factors influencing the growth of the Powered Agriculture market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Powered Agriculture market. The report discusses in detail the positive and negative impact of the pandemic on the Powered Agriculture industry. The supply chain disruptions and economic volatility have altered the dynamics of the Powered Agriculture industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Powered Agriculture Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.

The content of each profile differs, depending on the organization. In general, a profile gives the following information:

Overview of the company’s Powered Agriculture products services

Analysis of recent financial performance–annual revenue of the companies

Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations

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The key companies studied in the report are:

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

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

Segments Covered in this report are:

  • 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

To know more about the report, click @ https://www.emergenresearch.com/industry-report/powered-agriculture-market

The report addresses the following key points:

  • The report estimates the expected market size from 2021-2030
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Powered Agriculture market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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