The Guidance And Steering System For Agriculture Global Market Report 2023, provides comprehensive information on the guidance and steering system for agriculture market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Guidance And Steering System For Agriculture Market’s Growth:
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As per The Business Research Company’s Guidance And Steering System For Agriculture Global Market Report 2023, the market size is expected to grow from $2.08 billion in 2022 to $2.23 billion in 2023 at a compound annual growth rate (CAGR) of 7.24%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global guidance and steering system market size is expected to reach $2.85 billion in 2027 at a CAGR of 6.34%.
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Product innovation is a key trend gaining popularity in guidance and steering systems for the agriculture market. Major companies operating in the guidance and steering system for the agriculture market are developing innovative technological products to sustain their position in the market. For instance, in March 2023, SingularXYZ Intelligent Technology Ltd., a China-based manufacturing company, launched the upgrade of the SAgro100 automated steering system. This innovative technology uses GPS technology and precision mapping to provide farmers with accurate and efficient guidance and steering of their agricultural equipment. Additionally, it contains unique features such as 5 cm of auto-steering, which is 2.5 cm of auto-steering accuracy, improving your farming efficiency and quality while freeing your hands, numerous work modes such as straight line, curve, U-turn, and pivot, a higher yield at a lower cost, high compatibility, multiple task types, farm management, and system components that are allowing farmers to more effectively plant, cultivate, and harvest their crops.
The guidance and steering system for agriculture market is segmented:
1) By Components: Hardware, Software, Services
2) By Type: BeiDou Navigation Satellite System (BDS), Global Positioning System (GPS), Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS), Global Navigation Satellite System (GALILEO)
3) By Application: Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking And Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, Other Applications
North America was the largest region in the guidance and steering system for agriculture market in 2022.
The table of contents in TBRC’s guidance and steering system for agriculture market report includes:
1. Executive Summary
2. Guidance And Steering System For Agriculture Market Characteristics
3. Guidance And Steering System For Agriculture Market Trends And Strategies
4. Guidance And Steering System For Agriculture Market - Macro Economic Scenario
5. Guidance And Steering System For Agriculture Market Size And Growth
.................
26. Africa Guidance And Steering System For Agriculture Market
27. Guidance And Steering System For Agriculture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Guidance And Steering System For Agriculture Market
29. Guidance And Steering System For Agriculture Market Future Outlook and Potential Analysis
30. Appendix
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