Asia Pacific Precision Forestry Market
Asia-Pacific Precision Forestry market is expected to reach USD 2,063.38 million by 2031 from USD 1,053.13 million in 2024, growing with a CAGR of 10.1% in the forecast period of 2024 to 2031.
Market Segmentation:
Asia-Pacific Precision Forestry market, By Offering (Hardware, Software, and Services), Technology [Data Analytics and AI, IoT (Internet of Things), GIS (Geographic Information System), Remote Sensing, GPS (Global Positioning Systems) and Others], Application (Forest Management, Harvesting and Operations, Environmental and Conservation, Fire Management, Reforestation and Afforestation, Pest and Disease Management and Others), Deployment (Cloud and On Premises), End-User (Forestry Companies, Government and Public Agencies, Conservation Organizations, Research Institutes, and Others), Countries (China, Australia, Indonesia, India, Japan, Thailand, Malaysia, Singapore, Vietnam, New Zealand, Philippines, South Korea, Taiwan, and rest of Asia-Pacific)-Industry Trends and Forecast to 2031
Overview of Asia-Pacific Precision Forestry Market Dynamics :
Driver
• Growing usage of GPS and GIS for precise mapping and monitoring of forest resources
Restraint
• High capital investment
Opportunity
• Optimization of forest operations lead to increased productivity and resource utilization
Market Players:
The key market players operating in the Asia-Pacific precision forestry market are listed below:
• Deere & Company
• Trimble Inc.
• Hexagon AB
• Teledyne Technologies Inc.
• Maxar Technologies
• Planet Labs Inc.
• BlackSky
• Agremo
• CID Bio-Science Inc
• Axelspace
• AgEagle Aerial Systems Inc
• SATPALDA
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