The global market for imaging technology for precision agriculture is expected to reach a value of US$ 2,889.3m by 2033, growing at a CAGR of 10.7%. In 2022, the market was valued at US$ 955.4m and is estimated to increase to US$ 1,042.3m in 2023. The growth is attributed to the increasing adoption of precision agriculture practices worldwide. Precision agriculture aims to optimize agricultural outputs and minimize environmental impact by using technology such as drones and sensors for monitoring and managing crops. This market is expected to witness continued growth in the coming years.
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The global market for imaging technology for precision agriculture held a market value of US$ 955.4m for the base year 2022. The market size is estimated to increase to the market value of US$ 1,042.3m in 2023 and is estimated to reach US$ 2,889.3m by 2033, growing at a CAGR of 10.7 per cent as published by Persistence Market Research.
The imaging technology for precision agriculture market has been witnessing significant growth in recent years, driven by the increasing adoption of precision agriculture practices worldwide. Precision agriculture aims to optimise agricultural outputs…
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