The agricultural mapping services market is expected to expand its roots at a low CAGR of 3.9% during the forecast period. The global market holds an estimated revenue of USD 5.72 Billion in 2022 and is likely to cross USD 8.07 Billion by the end of 2032.
The agricultural mapping services market is anticipated to show promising growth prospects during the forecast period.
Attributes | Details |
---|---|
Agricultural Mapping Services Market CAGR (2022 to 2032) | 3.9% |
Agricultural Mapping Services Market Value (2022) | USD 5.72 Billion |
Agricultural Mapping Services Market Value (2032) | USD 8.07 Billion |
Agricultural mapping services are used to get the data related to crop mapping, yield estimation, irrigation amendment analysis, erosion identification & remediation, developing various crop models, detailed vegetation cover & monitoring, and land degradation assessment, increasing mapping services sales globally.
These services involve analysis and diagnostic tools to analyze agricultural land and livestock applications, increasing the sales of global agricultural mapping services. Other surveying and mapping services include company agricultural mapping and topographic surveying.
Let's understand how these agricultural mapping services help, from generating field & farm maps through GPS to managing and monitoring the corps through GIS and satellite imaging technology.
Mapping services consumption has increased lately because of the involvement of medium and high-resolution satellite sensors that provide accurate data about the crops and soil. It plants the yield and soil index maps through the Normalized Difference Vegetation Index (NDVI). These benefits push the sales of global agricultural mapping services.
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Farmers and agricultural organizations are focusing more on increasing food productivity due to the rapidly growing population and substantial growth in income growth across the globe. Agricultural mapping services provide information related to suitable land for the optimal growth of crops, irrigation management, etc., which help farmers choose particular nutrients and land to produce more yield, increasing mapping services sales globally.
The agricultural mapping service providers are helping farmers and growers by consulting and providing an accurate land analysis report to manage soil and vegetation. These factors are estimated to boost the demand for agricultural mapping services.
The increasing involvement of governments to improve farming techniques is driving the growth of the agricultural mapping services market. There has been an increase in the number of agricultural activities to achieve significant improvements in farming techniques.
Agricultural organizations, as well as governments, are analyzing and differentiating the farmable land according to the land production capacity by using agricultural mapping services. In addition, several government research firms are trying to improve the quality of soil damage/nutrient-deficient farming land by analyzing it with the help of agricultural mapping services, increasing mapping services sales globally.
Furthermore, financial organizations have started using agricultural mapping services to evaluate farm solvency and commodities stock exchange by analyzing the overall quality of farming land. These factors are boosting the demand for agricultural mapping services.
However, agricultural mapping services involve advanced technology such as GPS and GIS, which makes it costly, and thus, farmers of rural areas are not able to afford these services. This is hampering the demand for agricultural mapping services/Mapping services.
The presence of several leading players in the North America and Europe regions has resulted in high penetration of agricultural mapping services in these regions. Moreover, stringent rules and regulations for using pesticides as per the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) in North America are boosting the adoption of agricultural mapping services for the precise analysis of farmlands. These factors contribute to the increase in sales of agricultural mapping services, including company agricultural mapping.
The joint task Improvement of the Agricultural Structure and Coastal Protection in Europe for improving agricultural farmland has established a significant market of agricultural mapping services in various countries across Europe. On the other hand, improvements in the agricultural sector in the Asia Pacific region, excluding Japan, are creating a competitive market.
For example, the Indian government is supporting agricultural mapping services in its campaign named Startup India to help local players to initiate agricultural mapping services. It has also recently introduced drone mapping services that are being used in company agricultural mapping, fueling the demand for agricultural mapping services.
The key players in the Agricultural mapping services market are focusing on enhancing durability, conciseness, and better pallet organization. This drives the sales of Agricultural mapping services.
Key players in the agricultural mapping services market include SoilOptix, TARANIS, Airbus, The Sanborn Map Company, GPS-it, Excel Geomatics, TerrAvion Inc, UIZ Umwelt und Informationstechnologie Zentrum, Pix4D SA and Map of Ag. Corporation and Multi-Color Corporation
Recent Market Development:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 3.9% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD billion and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Application, End Use, Region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Iran, South Africa |
Key companies profiled | SoilOptix; TARANIS; Airbus; The Sanborn Map Company; GPS-it; Excel Geomatics; TerrAvion Inc; UIZ Umwelt und Informationstechnologie Zentrum; Pix4D SA amd Map of Ag. |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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North America is the biggest market in the agricultural mapping services market. The factors that lead to the optimum growth of the market in this region are increased advancements in the field of agriculture, and rising accuracy while surveying and mapping. This leads to the high demand for agricultural mapping services in developed countries like the USA.
Key competitors holding substantial agricultural mapping services market share include SoilOptix, TARANIS, Airbus, The Sanborn Map Company, GPS-it, Excel Geomatics, TerrAvion Inc, UIZ Umwelt und Informationstechnologie Zentrum, Pix4D SA and Map of Ag.
Demand for agricultural mapping services is likely to increase with the high demand from agricultural farms, and companies and new government allocations are increasing the sales of agricultural mapping services.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 5.1. Irrigation Monitoring 5.2. Soil & Crop Analysis 5.3. Livestock Monitoring 5.4. Management and Control 5.5. Others 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Precision Map Type 6.1. Soil Maps 6.2. Yield Maps 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End User 7.1. Agro-Industrial Sector 7.2. Academic Institutes 7.3. Government Agencies 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia & Pacific 8.6. Middle East and Africa 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Sanborn Map Company 17.2. SoilOptix 17.3. TARANIS 17.4. GPS-it 17.5. Excel Geomatics 17.6. AgroScout 17.7. UIZ Umwelt und Information technologies Zentrum 17.8. Pix4D SA 17.9. Airbus 17.10. Map of Ag 17.11. Precision Hawk 17.12. C.A. Agriculture Ltd 18. Assumptions & Acronyms Used 19. Research Methodology
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