For instance, In October 2021, Yanmar launched the YV01 autonomous spraying robot, which was developed in cooperation with European vineyards. This is an autonomous spraying robot which can transform the way vineyards operate. This robot uses an advanced spraying system that helps in ensuring that the vines are precisely sprayed with the exact amount of droplets which means less spraying fluids are required.
Growing Demand for Pesticide Free Food
Growing demand for pesticide-free food for maintaining a healthy life is expected to boost the growth of the market in the forecasted period. Precision pest management helps in minimizing the use of pesticides on the field and help in producing food items which are either completely pesticide free or produced using minimal amount of pesticides. Also, the growing demand for obtaining high yields, especially where the climate is predominantly humid and require fungicides is expected to increase the demand for precision pest management. Additionally, precision pest management helps in managing the crop from weeds, insects, diseases, and other organisms that directly or indirectly damage the crop. This management system uses different tools and methods to reduce the impacts of pests on crops. So, area-wide pest management is implemented for the prevention of pest outbreaks on a larger spatial resolution where other agricultural plots are included.
Growing Technological Advancement in Agriculture Sector
In November 2020, Syngenta Crop Production which is a leading global crop-protecting organization launched a product called Spiropidion can be used to protect a wide range of crops from pests that are most damaging and difficult to control.
Market Segmentation
Global precision pest management market is segmented based on technology, solution, application, and region. Based on technology, the market can be divided into Monitoring and Spraying.
Recent Development
- In March 2022, Deere & Company introduced See & Spray
Ultimate. Farmers can spot-spray non-residual herbicide on weeds among
corn, soybeans, and cotton using the factory-installed system. The
technology underlying the green-on-green solution was developed by Blue
River Technology, an artificial intelligence provider that Deere acquired
in 2017.
- In February 2021, Bayer created the biological and pheromone-based
crop protection product Vynyty Citrus to control pests on farms. A
container called Vynyty Citrus houses an active liquid. It is the only
citrus pest control product available on the pest control market that is
made using natural pyrethrum and pheromones. Pests are kept at bay by
pheromones, which interfere with their mating habits and stop them from
reproducing.
Market Players
PrecisionHawk,Inc., EOS Data Analytics, Inc., Deere & Company., BASF SE., AGRIVI Ltd., Kubota Corporation., TeeJet Technologies LLC, Yanmar Co. Ltd., SemiosBio Technologies Inc., Suterra LLC, Topcon Precision Agriculture Pty. Ltd., FlyPard Analytics GmbH, among others are some of the leading players operating in the global precision pest management market.
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD
Million, and CAGR for 2018-2022 and 2023-2028
|
Report
Coverage
|
Revenue forecast, company share,
competitive landscape, growth factors, and trends
|
Segments
Covered
|
By Technology
By Solution
By Application
By Region
|
Regional
scope
|
North America; Europe; Asia
Pacific; South America; Middle East & Africa
|
Country
scope
|
United States;
Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan;
South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi
Arabia; UAE
|
Key
companies profiled
|
PrecisionHawk,Inc., EOS Data
Analytics, Inc., Deere & Company., BASF SE., AGRIVI Ltd., Kubota
Corporation., TeeJet Technologies LLC, Yanmar Co. Ltd., SemiosBio
Technologies Inc., Suterra LLC, Topcon Precision Agriculture Pty. Ltd.,
FlyPard Analytics GmbH
|
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scope
|
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and purchase options
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Format
|
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