According to a market report by Lucintel, the future of satellite imaging for the global agriculture market looks promising with opportunities in the agribusiness, government and non-government agency, and research institute markets. The satellite imaging for the global agriculture market is expected to reach an estimated $1 billion by 2030 at a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are rising need for efficient and sustainable agriculture practices, development of small satellite constellations, and increasing integration of satellite image in precision farming practices in the developing countries.
A more
than 150-page report to understand trends, opportunity and forecast in
satellite imaging for the global agriculture market to 2030 by product (data
acquisition, processing, analytics, and integrated delivery platform),
application (crop health monitoring, soil mapping, forestry, and others), end
use industry (agribusinesses, government and non-government agencies, research
institutes, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel
forecasts that crop health monitoring will remain the largest segment over the
forecast period because it helps in enabling precise digital agriculture
practices and large-scale pest detection, as well as farmers and agronomists
can easily monitor and optimize crop health and assess variations in yield on a
seasonal basis.
Through
this market, agribusiness will remain the largest segment over the forecast
period due to improvement in satellite image and remote sensing technology day
by day, which assists the farm managers and modern farmers to keep track of
conditions and monitoring growth, weather, and carbon.
Download
sample by clicking on satellite
imaging for the global agriculture market.
North
America will remain the largest region over the forecast period due to growing
utilization of satellite imaging for precise crop health monitoring and pest
detection.
Airbus,
EOS Data Analytics, Esri Global, Farmers Edge, Gamaya, Iceye Oy, Planet Labs
PBC, European Space Imaging, Satellogic, SpaceKnow are the major suppliers in the satellite imaging for the global
agriculture market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Targeted Gene Sequencer Market
Telluride Ceramic Target Market
Beryllium Sputtering Target Market
No comments:
Post a Comment