$ 2 billion in investment worldwide in 2018
INNOSETA partner and OPTIMA-IPM Coordinator, Dr. Spyros Fountas, speaking about agricultural technology trends in Greece and in Europe, for Greek press Ypaithros.
“Precision agriculture will continue to be at the heart of global investment, as well as the creation of bio-active substances, such as organic pesticides, for their alternative use in crops. The value of the organic industry is expected to reach $ 100 billion by 2020. With regard to precision agriculture, the forecasts expect that the use of smart systems in small farms will grow by 15%, while the value of the industry is projected to be $ 45.4 billion by 2024. Detection systems, sensors and the Internet of Things are expected to be the first of the technologies that will dominate.”
“In Greece, over the past two or three years, producers have a very strong interest in solutions that will help them reduce production costs and rationalize inputs (water, fertilizer, plant protection products). There are several reasons that have contributed to this interest. One important reason is the improvement plans that gave extra points if the producers had embedded innovations, several of which had to do with precision farming applications.”
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For 2019, “I believe that the above-mentioned applications (smart farming applications) will be implemented by more individual farmers and producer groups who want to adopt new techniques in their production to achieve a more rational use of inputs, achieving an increase in production and quality , as well as the protection of the environment“, says Dr. Fountas.
Full Greek article HERE