Global Mid and High Level Precision GPS for Farming Market, By Frequency Type (Single Frequency, Dual Frequency), Type (Differential Grade, Surey Grade), Industry (Agriculture, Mining, Construction, Oil and Gas, Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Mid and High Level Precision GPS for Farming Market
The mid and high level precision GPS for farming market is expected to witness market growth at a rate of 16.20% in the forecast period of 2021 to 2028 and is expected to reach USD 8.64 billion by 2028. Data Bridge Market Research report on imaging technology for mid and high level precision GPS for farming market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of agriculture sector globally is escalating the growth of mid and high level precision GPS for farming market.
A GPS receiver refers to an L-band radio processor that is capable of solving the navigation equations for determining user location, velocity, precise time (PVT), and speed, by processing the signal broadcasted by GPS satellites. Mid and high-level precision GPS receivers are widely deployed in numerous industry verticals including mining, construction, agriculture, and oil and gas, among others.
The increase in technological advancements and GPS augmentation systems across the globe acts as one of the major factors driving the growth of mid and high level precision GPS for farming market. The adoption of GPS receivers in construction industry because of the increasing large-scale construction projects such as civil construction sites and megaprojects for equipment tracking, and availability of more cost effective GPS solutions accelerate the market growth. The increase in use of GPS technology connections with cloud technology as it assists in collecting and analysing significant location-based data on a company’s heavy equipment, and ongoing developments to improve overall GPS infrastructure further influence the market. Additionally, expansion of agriculture sector, rise in demand for enhanced quality of the crops, increase in the cultivation of various crops, and technological advancements and GPS augmentation systems positively affect the mid and high level precision GPS for farming market. Furthermore, commercial use of unmanned aerial vehicles (UAVs) extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, heavy reliance on availability of satellites and Interfacing of GPS signals with light squared signals are expected to obstruct the market growth. Slow market acceptance for new technologies and low demand for GPS receivers due to COVID-19 are projected to challenge the mid and high level precision GPS for farming market in the forecast period of 2021-2028.
This mid and high level precision GPS for farming market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mid and high level precision GPS for farming market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Mid and High Level Precision GPS for Farming Market Scope and Market Size
The mid and high level precision GPS for farming market is segmented on the basis of frequency type, type and industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of frequency type, the mid and high level precision GPS for farming market is segmented into single frequency and dual frequency.
- On the basis of type, the mid and high level precision GPS for farming market is segmented into differential grade and surey grade.
- On the basis of industry, the mid and high level precision GPS for farming market is segmented into agriculture, mining, construction, oil and gas and others.
Mid and High Level Precision GPS for Farming Market Country Level Analysis
The mid and high level precision GPS for farming market is analyzed and market size, volume information is provided by country, frequency type, type and industry as referenced above.
The countries covered in the mid and high level precision GPS for farming market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the mid and high level precision GPS for farming market because of the growing agriculture (precision farming) industry and rising infrastructure development in major developing Asian countries. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 due to the presence of key players in the region.
The country section of the mid and high level precision GPS for farming market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mid and High Level Precision GPS for Farming Market Share Analysis
The mid and high level precision GPS for farming market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mid and high level precision GPS for farming market.
The major players covered in the mid and high level precision GPS for farming market report are Trimble Inc., Topcon, Hexagon, Javad GNSS, Septentrio, South Surveying and Mapping Technology CO., LTD., CNH Industrial, Raven Industries, eFarmer B.V., Ag Leader Technology, ARAG Srl, Magellan Systems Japan,Inc, AvMap Satellite Navigation Inc, Hi-Target, Satlab Geosolutions AB., Quectel, Shanghai Huace Navigation Technology Ltd., Collins Aerospace, Raytheon Company, ComNav Technology Ltd., and Müller-Elektronik GmbH, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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