Global Remote Sensing Technology for Agriculture Market Segments 2024, Forecast To 2033

5 Mar, 2024

The remote sensing technology for agriculture market has displayed strong growth, advancing from $1.82 billion in 2023 to $1.98 billion in 2024, reflecting a solid CAGR of 8.8%. This growth is linked to the integration of GIS, satellite-based solutions, and precision agriculture initiatives. Strong growth is expected to continue, projecting a market size of $2.76 billion in 2028, sustaining a CAGR of 8.6%. Factors include government investment, sustainable agriculture focus, and enhanced satellite imaging services.

Global Remote Sensing Technology for Agriculture Market Key Driver

The rising implementation of the agricultural sector drives the growth of remote sensing technology for the agriculture market. In 2021, the US agricultural service contributed $1.264 trillion to the GDP, emphasizing the market's significance in adding value to the economy.

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Global Remote Sensing Technology for Agriculture Market Segments

The remote sensing technology for agriculture market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Application: Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Inventory Management, Farm Labour Management, Other Applications
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. North America was the largest region in the remote sensing technology for agriculture market in 2023. The regions covered in the remote sensing technology for agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Remote Sensing Technology for Agriculture Industry Players

Yara International ASA; Koch Ag & Energy Solutions; Coromandel International Limited; Agriculture Solutions Inc.; Hafia Groups; Sapec Agro S.A; Kugler Company; ICL Group Ltd.; Honeywell International Inc.; Green Peak Technologies LLC; ABB Ltd.; Kheti Buddy Pvt. Ltd.; Trimble Inc.; Eastern Peak Ltd.; PrecisionHawk Inc.; Deere & Company; Ag Leader Technology; Raven Industries Inc.; Topcon Corporation; AgJunction Inc.; SST Software BV; The Climate Corporation; Iteris Inc.; Taranis Inc.; Gamaya; MicaSense Inc.; TerrAvion Inc.; Descartes Labs; CropX Technologies Inc.; Granular Inc.

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AIOps Remote Sensing Technology for Agriculture Market Overview

Remote sensing technology for agriculture refers to the use of satellite images that take photos of a field over time so that the grower can analyze the data and take action that will increase crop yield.

Remote Sensing Technology for Agriculture Global Market Report 2023 provides data on the global remote sensing technology for agriculture market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The remote sensing technology for agriculture market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.