Showing posts with label Inc. (U.S.). Show all posts
Showing posts with label Inc. (U.S.). Show all posts

Wednesday 10 October 2018

Precision Farming Market Expected To Trigger A Revenue Increase To USD 10.23 Billion By 2025:Key Participant Deere & Company (U.S.)


San Francisco, 10 October 2018, The global Precision Farming Market is anticipated to reach USD 10.23 billion by 2025, according to a new report by Grand View Research, Inc. Precision farming, also known as site-specific crop management or satellite farming, is a concept of farm management that uses information technology to ensure optimum health and productivity of the crops. The precision farming technique largely depends on specialized equipment, IT, and software services. Furthermore, this farming technique involves a broad range of technologies including bio-engineering, robotics & automation, imagery & sensors, and big data, as well as digitization. The adoption of site-specific crop management would reduce the cost of nitrogen fertilizers, improve crop yields, reduce the usage of pesticides, provide better farm records that are essential for sale, and provide better information for management decisions.

The growing application of telematics in agriculture is anticipated to drive the demand for precision farming over the projected period. Telematics services include tracking devices using Global Navigation Satellite System (GNSS) to show the position of the equipment for management purposes. It also offers a real-time view of the position, coolant temperature, ground speed, and the duration before which maintenance is required. Major agriculture equipment manufacturers are adopting telematics services for their equipment in order to improve farm efficiency.
Improving the efficiency of agricultural machinery reduces the cost of agricultural operations and maximizes profitability. Additionally, good management might reduce the environmental impact. Farmers are increasingly using telematics technology to collect and manage information from their field equipment.
Telematics technology is used to capture and transfer data from the farm equipment through sensors installed on tractors and other field monitoring equipment. The increasing adoption of telematics systems by agricultural equipment companies is expected to drive the demand in the precision farming market.
Trimble Ag Software’s Connected Farm uses cellular and wireless technology to transfer data. Furthermore, the company uses Farm Works software to manage data transferred from the farm equipment. Raven Industries, Inc. provides a telematics service called Slingshot. It uses cell phone networks to offer data transfer, real-time kinematic GPS correction signals, and real-time technical support in the fields. Additionally, Slingshot allows users to track the vehicle’s location.
However, the lack of technology adoption among farmers is likely to restrain the market growth over the forecast period. The lack of standards and limitations on the exchange of data between the systems limits the adoption of modern agricultural machinery of different brands and companies. Furthermore, farmers lack independent consulting and advisory services owing to the lack of validated agronomic models for Variable Rate Technology (VRT) to make a decision on investments. Additionally, independent services are not linked to co-operatives, government bodies, and farmer’s associations where farmers can get additional information to take decisions.
Full Research Report On Precision Farming Analysis:

Further key findings from the report suggest:
·         The increasing government support for adopting modern agricultural techniques and the growing need for monitoring crop health for yield production are expected to drive the market demand.
·         The services segment is expected to portray a significant growth rate over the projected period, growing at a CAGR of 16.0%.
·         The cloud-based software model is anticipated to gain market share over the projected period as it reduces energy consumption and large data storage, and facilitates cost saving.
·         Innovations in GPS mapping and related applications concerning farms are helping farmers to operate more efficiently and increase their profit margins.
·         Drones are expected to witness enormous growth in the agriculture field as they are increasingly used in monitoring irrigation systems.
·         Soil monitoring is a major application of the yield monitoring segment as it is used to detect soil properties to increase the yield.
·         Digital revolution in the agricultural sector along with government financial incentives to farms is likely to drive the demand in the European precision farming market in the coming years.
·         The key players of the precision farming market include Agribotix LLC (U.S.), Deere & Company (U.S.), SST Development Group, Inc. (U.S.), Farmers Edge, Inc. (Canada), and Granular, Inc. (U.S.), among others
Browse More Reports Of This Category By Grand View Research At:   www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the precision farming market based on offering, application, and region:
Precision Farming/Agriculture Offering Outlook (Revenue, USD Million, 2014 - 2025)
·         Hardware
o    Automation & control systems
o  Drones
o  Application control devices
o  Guidance systems
o GPS
o GIS
o  Remote sensing
o Handheld
o Satellite sensing
o  Driverless tractors
o  Mobile devices
o  VRT
o Map-based
o Sensor-based
o  Wireless modules
o Bluetooth technology
o Wi-Fi technology
o Zigbee technology
o RF technology
o    Sensing devices
o  Soil sensor
o Nutrient sensor
o Moisture sensor
o Temperature sensor
o  Water sensors
o  Climate sensors
o  Others
o    Antennas/access points
·         Software
o    Web-based
o    Cloud-based
·         Services
o    System integration & consulting
o    Maintenance & support
o    Managed services
o  Data services
o  Analytic services
o  Farm operation services
o    Assisted professional services
o  Supply chain management services
o  Climate information services
Precision Farming/Agriculture Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Yield monitoring
o    On-farm
o    Off-farm
·         Field mapping
·         Crop scouting
·         Weather tracking & forecasting
·         Irrigation management
·         Inventory management
·         Farm labor management
Precision Farming/Agriculture Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
o    France
o    Russia
·         Asia Pacific
o    China
o    Japan
o    India
o    Australia
·         South America
o    Brazil
·         Middle East and Africa (MEA)


About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/

Monday 1 October 2018

Smart Offices Market Worth USD 57.05 Billion By 2025 : Grand View Research, Inc.

San Francisco, 01 Oct 2018 ,According to a report by Grand View Research, Inc., global smart office market is anticipated to value USD 57.05 billion by 2025. Growing requirement for optimal and effective utilization of IT resources and infrastructure is anticipated to propel demand for smart offices. Such offices are likely to offer automation and digitization of products and systems to enhance work efficiency. The working environment of any smart office is likely to improve in terms of efficient use of energy and occupant comfort. Smart features such as continuous monitoring and controlling of humidity, light, and temperature can facilitate improved management of smart devices. It can also offer connected experience to employers working in that office. This, in turn is likely to drive employee satisfaction in smart offices.

Increasing use of internet of things (IOT) in offices to enable inter-networking of physical devices using sensors, software, and network connectivity can influence market growth. Changing workforce demographics coupled with technological expectations of employers and employees can fuel demand for smart offices in the forthcoming years. Growing need for flexible work environment in offices to enhance employee productivity is likely to stimulate growth of market. Rising number of R&D activities to create reliable, cost-effective, and improved products owing to growing popularity of smart office technology can augment market growth. Improvement in internet accessibility and rising adoption of connected devices is likely to surge demand for IOT enabled offices during the forecast period (2014 to 2025).
Full Research Report On Smart Office Market  Analysis:www.grandviewresearch.com/industry-analysis/smart-office-market



 The smart office market can be segregated on the basis of component, office type, and region. Based on component, the market can be categorized into software, hardware, and service. In 2016, hardware segment dominated the market and can continue to dominate from 2017 to 2025. Continual technological developments in hardware segment can influence growth of market. It can be segmented further into energy management systems (EMSs), smart lighting & controls, security systems & controls, audio-video conferencing systems, and HVAC control systems. Numerous advantages such as improved focus and convenience can fuel demand for EMSs in offices. Such systems can track energy usage and allow organizations to control energy losses. This, in turn, can lead to profit margins, comfort, and high work efficiency.
In addition, service segment is anticipated to grow at remarkable CAGR of 15% during the forecast period. High demand for cloud-based solutions coupled with growing need for domain expertise and quality services can fuel growth of segment.
Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/technology
 Based on office type, the market can be classified into retrofit and new construction. In 2016, retrofit segment dominated the market and accounted for market share equivalent to USD 14.30 billion. It is expected to continue its dominance and account for highest revenue by 2025. Growing adoption of energy saving technologies in retrofit offices can influence market growth during the forecast period. Such offices may pose limitations for implementation of new systems and modifications.
Similarly, new construction segment is likely to witness substantial growth during the forecast period. Such offices can offer ample flexibility to install new systems.
Regional segmentation includes Asia Pacific, Europe, North America, South America, and Middle East & Africa. In 2016, North America dominated the market and accounted for largest market share. It is likely to grow at CAGR of 10% from 2017 to 2025 owing to prevalence of well-established manufacturers and huge consumer base in the region.
In Asia Pacific, the market is expected to witness significant growth at CAGR of 19% during the forecast period. Presence of growing economies such as India and China is likely to increase number of offices in the region. This, in turn, is expected to create demand for establishment of smart offices in the region.
In South America, the market can grow well during the forecast period attributed to rising penetration of internet and wireless networks in the region.
Some of the leading companies offering smart offices are Cisco Systems, Inc.; Crestron Electronics, Inc.; Honeywell International, Inc.; Schneider Electric; and Siemens AG. Most companies are likely to adopt strategies such as mergers & acquisitions and new product development to maintain their market value.
Grand View Research has segmented the global smart office market based on component, office type, and region:
Smart Office Component Outlook (Revenue, USD Million, 2014 - 2025)
  • Hardware
    • Security Systems & Controls
    • Smart Lighting & Controls
    • Energy Management Systems
    • HVAC Control Systems
    • Audio-Video Conferencing Systems
  • Software
  • Service
Smart Office Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Retrofit
  • New Construction
Smart Office Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • Middle East & Africa
Access Full Press Release of this Report: www.grandviewresearch.com/press-release/global-smart-office-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/