Yield Monitoring Devices and Services Market
Yield Monitoring Devices and Services Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Yield Monitoring Devices and Services Market Size and Growth
The Yield Monitoring Devices and Services market is poised for significant growth, driven by increasing agricultural automation and precision farming trends. The market size is projected to reach approximately $1.2 billion by 2028, reflecting a CAGR of 10% due to rising demand for efficient crop management solutions amidst fluctuating agricultural conditions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Ag Leader Technology
◍ Deere & Company
◍ Precision Planting Inc.
◍ Raven Industries Inc.
◍ AgJunction Inc.
◍ AGCO Corporation
◍ Trimble Navigation Limited
◍ Case IH
◍ TeeJet Technologies
◍ Topcon Precision Agriculture
The yield monitoring devices and services market features companies like Ag Leader Technology, Deere & Company, and Precision Planting, which enhance precision agriculture through innovative technology. These firms leverage advanced sensors and data analytics, promoting efficient resource use and improved crop yields, thus expanding the market. Notable revenues include:
- Deere & Company: $39 billion
- AGCO Corporation: $9.1 billion
- Trimble Navigation Limited: $3.1 billion
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Market Segmentation
By Application
◍ Variable Rate Application (VRA)
◍ Field Mapping ◍ Soil Monitoring ◍ Crop Scouting
Others
By Product
◍ Yield Monitoring Devices ◍ Yield Monitoring Services
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Market Growth
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$ X Billion USD
