This precision forestry market report published by Data Bridge Market Research gives all-inclusive data regarding the market.  This precision forestry market report firstly introduces market by definition, application, classification and Specification. It provides the data of the market dynamics, market trends and market growth.  Competitive landscape of the market is also taken into account while developing this research report.  The data mentioned in this report is validated by the research analyst and expert so that the authentic information of the market is reached to the consumers. Additionally, the report tracks the latest developments and advancements in the market.

Key topic of the market are covered while developing this precision forestry market research report.  It segments the market by product launches, application, end user type. This precision forestry market research report give information about the market new technologies, growth factors, regional trends, company share, development policy and value chain. This report also states import / export, supply and consumption figures as well as manufacturing cost, global revenue and present gross margin by regions.

Data Bridge Market Research analyses that the precision forestry market which was growing at a value of 5.09 billion in 2021 and is expected to reach the value of USD 10.33 billion by 2029, at a CAGR of 9.25% during the forecast period of 2022-2029.

 

Definition

 

Precision forest is the planning and execution of site-specific forest management programmes and operations to improve the quality and use of wood products, reduce waste, maximise profits, and preserve environmental quality.

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Key Growth Drivers:

  • Growing focus on forest and environmental research

Expanding the global precision forestry market depends on advances in forest and environmental research. The precision forestry market is expected to attract significant investment from a variety of entities in the coming years. It is critical to bring the importance of forests to the attention of governments and decision-makers. Precision forestry aids in attracting the attention of these demographics, which is a major driver of market growth.

  • Rapid digitization and automation in forest managements

The growing awareness of digitization and automation of forest management technologies will be critical in propelling the precision forestry market forward. Rapid fire management and harvesting advancements will also help the precision forestry market grow.

Surveillance is critical in forest management. The growing popularity of surveillance is proving to be a boon for the growth of the precision forestry market. R&D activities are also expanding the precision forestry market in new directions. These activities ensure new updates and mechanisms in the segment, thereby significantly promoting the growth of the precision forestry market.

The report emphasizes the participation of key entities, notably:

  • G. Leader Technology Inc. (U.S.)
  • AGCO Corporation (U.S.)
  • AgJunction Inc. (Canada)
  • AgEagle Aerial Systems, Inc. (U.S.)
  • Valmont Industries Inc. (U.S.)
  • Agsmart Pty Ltd (Australia)
  • BouMatic (U.S.)
  • CROPMETRICS (U.S.)
  • CropX Inc. (Israel)
  • Deere & Company (U.S.)
  • Farmers Edge Inc. (Canada)
  • GEA Group Aktiengesellschaft (Germany)
  • Monsanto Company (U.S.)
  • Taranis (U.S.)
  • Precision Planting LLC (U.S.)
  • Raven Industries Inc. (U.S.)
  • Topcon (Japan)
  • Tetra Laval International S.A. (Switzerland)
  • Trimble Inc. (U.S.)

Major Points in the Report

  • Understanding the entirety of the precision forestry marketlandscape thoroughly.
  • Exploring the leading entities in this sector, delving into their range of products and core approaches.
  • Examining the prominent geographical areas where precision forestry marketdemonstrates significant growth.
  • Keeping abreast of the latest shifts and advancements within the industry.
  • Identifying specific areas or markets with high potential and promising expansion opportunities.

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Key Market Segmentation

By Offering (Hardware, Software, Services), Technology (CTL, Geospatial, Fire Detection), Application (Genetics and Nurseries, Silviculture and Fire Management, Harvesting Management, Inventory and Logistics Management)

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