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Growing Exposure of IoT in Agriculture to Drive Precision Agriculture Market

Date: 1, September 2020 | Category: Agriculture

The global precision agriculture market is forecasted to reach US$11.36 billion in 2024, growing at a CAGR of 10.9% for the period spanning 2020-2024. The factors such as increasing population, shrinking arable land, shifting farmer demographics in US, emergence of sensors and improving consumer confidence index are expected to drive the market. However, growth of the industry would be challeng ..

Technological Advancements would drive the US Farm Tire Market

Date: 10, May 2020 | Category: Agriculture

The global tire market is estimated to reach US$271 billion in 2024, growing at a CAGR of 2.45% for the period spanning from 2020 to 2024. The factors such as diminishing rural workforce and escalating population are expected to drive the market. However, growth of the industry will be challenged by declining net farm incomes, high volatility and tighter government and environmental regulation. ..