The Farm Automated Weather Stations Market is being driven by Increasing application of smart agriculture methods
The Farm Automated Weather Stations Market is expected to grow at a CAGR of 7.29% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 39.66 million. In today's agricultural landscape, farmers recognize the significance of precise weather forecasting for optimizing crop production. With the widespread adoption of smartphones and advancements in technology, micro weather forecasting solutions have emerged as a valuable tool for farmers. Utilizing technologies such as satellite and aerial imagery, sensors, GPS data, and variable rate fertilizer application, these solutions offer short-term weather forecasts tailored to small farming areas. By addressing the variability of climatic parameters across farms, micro weather forecasting empowers farmers to make informed decisions and effectively manage potential weather-related challenges.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.29% |
Market growth 2024-2028 |
USD 39.66 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
6.67 |
Key countries |
US, Canada, China, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
In the Agriculture Sector, Farm Automated Weather Stations are revolutionizing Precision Farming Procedures by providing real-time data on Environmental Parameters such as Temperature, Precipitation, Relative Humidity, Solar Radiation, and Microclimate Parameters. Leveraging Smart Farming Technologies like AI and IoT, these stations record data using Sensors, Data Loggers, and Radio Transmitters. Automation technology ensures Cloud-based data storage for easy access via IT systems. Climate change mitigation through Conservation Agriculture Practices and Precision Agriculture techniques is enhanced by this valuable information.
In the agricultural sector, the implementation of precision farming procedures is a key trend driving market growth in farm automated weather stations. These stations utilize smart farming technologies, such as AI and remote farming practices, to optimize crop yield and mitigate the impacts of climate change. Technavio, a leading market research firm, positions the global farm automated weather stations market within the larger agricultural and farm machinery industry. This market encompasses manufacturers of various agricultural machinery types, including tractors, harvesters, irrigation systems, and related components. According to Technavio's market analysis, the agricultural and farm machinery market expansion is fueled by the continuous introduction of innovative products, with vendors focusing on expanding their offerings through new launches.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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