Lucintel Forecasts Satellite Imaging For The Global Agriculture Market To Reach $1 Billion By 2030

By Author: Lucintel LLC
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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
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