GPS Market

Precision agriculture has often described as an evolution in agriculture. With a growing population the risks such as natural disasters, life-style diseases, food demand, and others have also increased. Therefore changes must be made in the agriculture system to meet this concern. Precision agriculture is also called as site specific farming which is seen as a next big revolution in the agriculture industry that shall catalyze the use of navigation based technologies in agriculture. The integration of navigation systems such as GPS, GNSS, and others provide farmers with a new capability of gathering information for implementing decision based agriculture. The GPS technology provides a method for determining location anywhere on the earth. Accurate, automated position tracking with GPS allows farmers and agriculture service providers to automatically record data, visualize the farm geography, and apply variable rate of inputs of resources to the smaller areas within the larger fields. With the growth in precision agriculture popularity, availability, and adopting rate, the use of guidance systems is increasing as well. Producers have several options for successfully applying crop production products such as fertilizers and other chemicals, but the tradition methods are found less accurate and successful of applying inputs. Over the time it has been found that GPS is a more effective way of applying variable rate of inputs to the fields. Using guidance systems such as GPS and GNSS are found helpful for the farmers and agriculture suppliers to visualize the requirements as per the farm and take decisions accordingly. The advent of global positioning system (GPS) technology has not only enhanced the ease and versatility of spatial data acquisition but also enhanced and diversified the traditional approaches that were used in the agriculture. The integration of navigations systems with agriculture has received considerable attention worldwide, which is a sign of GPS systems gaining market and significance in precision farming.

The report on GPS in precision farming market analyzes the market value chain, giving a very clear insight of all the major developments and supporting segments to the market. The GPS in precision farming market is segmented on the basis of technology, applications, and components discussed in detail with market size projections both in terms of value and volume. The report also analyzes the market trends and technologies in GPS in precision farming, market dynamics such as drivers, restraints, opportunities, and threats along with the burning issues and wining imperatives.

The report also includes company profiles of the leading players in this market with their recent developments and other strategic business activities. The competitive landscape section of the report entails key growth strategies and detailed market share ranking analysis of the key industry players. Some of the major players in this market are Trimble Navigation System (U.S.), Garmin International (U.S.), Topcon Precision Agriculture (U.S.) and Raven Industries, Inc. (U.S.)