Allied Market Research
Loading...
0
New
New
2021
Precision Agriculture Market

Precision Agriculture Market by Component (Hardware, Software, and Service), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, and Others), Technology (Guidance Technology, Remote Sensing Technology, and Variable-rate Technology): Global Opportunity Analysis and Industry Forecast, 2021-2030

A01107
Pages: 265
Sep 2021 | 25862 Views
   
Author(s) : Rachita Rake & Shreyas Wadodkar , Vineet Kumar
Tables: 112
Charts: 65
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Precision Agriculture Market

Request Now !

Precision Agriculture Market Statistics: 2030

The precision agriculture market size was valued at $6,457 million in 2020, and is projected to reach $23,056 million by 2030, growing at a CAGR of 13.4% from 2020 to 2030.

The precision farming market is expected to witness a marginal dip in 2020 due to the COVID-19 pandemic as the movement restriction and lockdowns has resulted in the disruptions in the supply chain and led to a shortage of equipment, However the use of remote sensing and farm management software tools could lead to higher adoption during post COVID-19 period. COVID-19 has disrupted the supply chain in the precision farming market, and companies are exploring new opportunities to interact with growers and farmers by leveraging technologies. Companies have started focusing more on wireless platforms to enable real-time decision making with respect to yield monitoring, crop health monitoring, field mapping, irrigation scheduling, and harvesting management. IoT device installations in agriculture farms around the world are projected to witness a compound annual growth rate of 14%. COVID-19 is further expected to accelerate the installation of IoT devices in agriculture farms across the world to optimize irrigation scheduling with reduced labor requirements in the field. The number of connected agricultural devices is expected to witness a promising growth in medium to long term.

Precision agriculture is a modern approach for farm and agriculture management which uses information technology to ensure that crops and soil receive exactly what they need for optimum health and productivity. The goal of precision agriculture is to ensure profitability, sustainability, and protection of the environment. Precision agriculture industry is known as satellite agriculture, precision farming, as-needed farming, and site-specific crop management (SSCM).Precision agriculture relies upon specialized equipment, software, and IT services. The approach includes accessing real-time data about the conditions of the crops, soil, and ambient air, along with other relevant information such as hyper-local weather predictions, labor costs, and equipment availability. Predictive analytics software uses the data to provide farmers with guidance about crop rotation, optimal planting times, harvesting times, and soil management. Sensors in fields measure the moisture content &temperature of the soil and surrounding air. Satellites and robotic drones provide farmers with real-time images of individual plants. Information from those images can be processed &integrated with sensor and other data to yield guidance for immediate & future decisions, such as precisely what fields to water and when or where to plant a particular crop.

Precision-Agriculture-Market-2021-2030

As per precision agriculture market analysis on the basis of component, the hardware segment led the overall smart agriculture market in 2020, and is expected to remain dominant during the forecast period as there has been an increase in the adoption of hardware among the developing countries, as it ensures effective functioning of smart agriculture market software which drives the precision agriculture market growth. However, the service segment is expected to witness the highest growth in the upcoming years. This is attributed to increase in adoption of precision agriculture software in modern farming techniques. This increases the need for various services such as system integration and managed services. Most of the countries have started adopting these services to align all agricultural and farming tool together. This includes yield monitoring, field mapping, and weather forecasting, which improve the overall productivity of farming.

On the basis of region, North America leads the market and this trend is anticipated to continue during the forecast period. This is attributed due to the increase in inclination of the farmers toward the use of digital technology for yield management. Asia-Pacific is expected to exhibit highest growth during the forecast period, owing to strong economic growth along with the ongoing development in the agriculture sector, which drives organizations to invest heavily in precision agriculture market to sustain growth and improve productivity. In addition, factors such as, major shift toward digital transformation, rise in cloud deployment, technological advancement among farming operations, and ongoing modernization of agriculture business drive heavy investment in market in emerging economies. Furthermore, enterprises in Asia-Pacific are focused on enhancing their operations and increasing their overall efficiency to stay competitive in the market, which is expected to provide lucrative precision agriculture market opportunity during the forecast period.

The report focuses on the growth prospects, restraints, and precision agriculture market analysis. The study provides Porter’s five forces analysis of precision agriculture industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the precision agriculture market trends.

Segment Review

The precision agriculture market is segmented on the basis of component, application, technology, and region. By component, it is categorized into hardware, software and service. Depending on application, it is categorized into yield monitoring, field mapping, crop scouting, weather tracking & forecasting, irrigation management, inventory management, farm labor management, and others. By technology, it is categorized into guidance technology, remote sensing technology, and variable-rate technology. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

Impact of COVID-19 on the Market

As per precision agriculture market forecast Post COVID-19, the global precision agriculture market share is estimated to grow from $ 7,427.00 million in 2021, and reach $23,056.00 million by 2030, at a CAGR of 13.4%.

The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. Post COVID-19, revenue of the precision agriculture market share is estimated to be $ 6,457.00 million in 2020. It has registered increase in its revenue and is expected to reach $23,056.00million in 2030. The market is expected to come on normal track from mid-2021 and is projected to be attaining a growth rate of 13.4% from 2021 to 2030, owing to rise in adoption of modern agriculture techniques across the globe, which is expected to drive the growth of the market in the pandemic situation.

The precision agriculture market has witnessed growth in the past few years; however, due to the outbreak of the COVID-19 pandemic, the market has witnessed a slight decline in hardware revenue in 2020. This is attributed to implementation of lockdown by governments in majority of the countries and the shutdown of the cities to prevent the transmission of virus.

The precision agriculture market forecast is projected to prosper in the upcoming years after the recovery from the COVID-19 pandemic. Furthermore, various organizations across the Asian countries have adopted advanced agricultural techniques to improve their business process and to increase their operational efficiency. In addition, various countries have installed precision agriculture applications and have adopted precision agriculture solution for their farming operation without any transmission of the virus among public.

Top Impacting Factors  

The top impacting factors on the global precision agriculture market include surge in adoption of smart phones, emergence in usage of advanced technology, and continuous growth in the population, which drive the market growth globally. However, factors such as lack of awareness about precision agriculture products and huge investments limit the market growth. Furthermore, increase in investments in technologies such as driverless tractors, guidance systems, GPS sensing systems, and strong government support for promoting the use of precision farming techniques creates lucrative opportunities in the precision agriculture market during the forecast period.

Rise in Adoption of Smart Phones in Agriculture

The rise in demand for smart phones has led to the growth in the demand for smart phone integration in precision agriculture. Companies have introduced advanced applications compatible with all smart phones. Farmers are able to monitor the field from any location and the data is stored in the cloud as backup with the help of smart phone integration. Smart phones satisfy the requirements of the farmer as it supports connectivity using Bluetooth, USB, and Wi-Fi. Thus, the surge in smart phone adoption has created immense opportunities for the global precision agriculture market. Advancement in technology makes way for improvements in the facilities used in farming. One of the most dramatic changes in the use of mobile devices in agriculture is the development of monitoring protocols &systems for monitoring &managing farms and farm workers. For instance, in December 2020, the survey done by the leading news agency which is “The Print” shows that farmers in India have adopted advanced technology and use of smart phone in farming activity has helped gain nearly double income and output than other farmers.

Key Benefits for Stakeholders

  • The study provides an in-depth analysis of the precision agriculture market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities &their impact analysis on the precision agriculture market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the precision agriculture market.
  • The quantitative analysis of the market from 2020 to 2030 is provided to determine the precision agriculture market potential.

Key Market Segments

  • By Component
    • Hardware
      • Automation & Control Systems
      • Sensing Devices
      • Antennas & Access Points
    • Software
      • Web-based
      • Cloud-based
    • Service
      • System Integration & Consulting
      • Maintenance & Support
      • Managed Services
      • Assisted Professional Services
  • By Application
    • Yield Monitoring
    • Field MappingTelematics
    • Crop Scouting
    • Weather Tracking & Forecasting
    • Inventory Management
    • Farm Labor Management
    • Others
  • By Technology
    • Guidance Technology
      • GPS/GNSS-Based Guidance Technology
      • GIS-based Guidance Technology
    • Remote Sensing Technology
      • Handheld or Ground-based Sensing
      • Satellite or Aerial Sensing
    • Variable-Rate Technology
      • Map-based VRT
      • Sensor-based VRT
  • BY REGION
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • Deere & Company
  • CropMetrics LLC
  • Trimble Navigation Limited
  • CropX
  • AgSmarts Inc
  • AgSense, LLC
  • AGCO Corporation
  • DICKEY-john
  • Monsanto Company
  • Ag Leader Technology
 

CHAPTER 1:INTRODUCTION

1.1..Report description
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.KEY MARKET PLAYERS IN ASIA
1.5.RESEARCH METHODOLOGY

1.5.1.Secondary research
1.5.2.Primary research
1.5.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FORCES SHAPING THE PRECISION AGRICULTURE MARKET

3.2.1.Moderate-to-high bargaining power of suppliers
3.2.2.Moderate-to-high bargaining power of buyers.
3.2.3.Moderate-to-high threat of substitutes.
3.2.4.Low-to-high threat of new entrants.
3.2.5.Low-to-high competitive rivalry

3.3.MARKET DYNAMICS

3.3.1.Drivers

3.3.1.1.Rise in adoption of smartphones in agriculture
3.3.1.2.Surge in adoption of emerging technologies
3.3.1.3.Surge in growth rate of population

3.3.2.Restraints

3.3.2.1.Lack of awareness about precision agriculture products
3.3.2.2.Huge investment required for precision agriculture equipment

3.3.3.Opportunity

3.3.3.1.Increasing investments in technologies such as driverless tractors, guidance systems, and GPS sensing systems advancements
3.3.3.2.Increasing government initiative in the precision agriculture technology.

3.4.INDUSTRY ROADMAP OF PRECISION AGRICULTURE MARKET
3.5.CASE STUDIES

3.5.1.Case study 01
3.5.2.Case study 02

3.6.IMPACT OF GOVERNMENT REGULATIONS ON THE PRECISION AGRICULTURE MARKET
3.7.COVID-19 IMPACT ANALYSIS ON THE PRECISION AGRICULTURE MARKET

3.7.1.Impact on market size
3.7.2.Consumer trends, preferences, and budget impact
3.7.3.Economic impact
3.7.4.Key player strategies to tackle negative impact
3.7.5.Opportunity window

CHAPTER 4:GLOBAL PRECISION AGRICULTURE MARKET, BY COMPONENT

4.1.OVERVIEW
4.2.HARDWARE

4.2.1.Key market trends, growth factors, and opportunities

4.2.1.1.Automation & Control Systems
4.2.1.2.Sensing Devices
4.2.1.3.Antennas & Access Points

4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.SOFTWARE

4.3.1.Key market trends, growth factors, and opportunities

4.3.1.1.Web Based software
4.3.1.2.Cloud Based software

4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.SERVICES

4.4.1.Key market trends, growth factors, and opportunities

4.4.1.1.System Integration & Consulting
4.4.1.2.Maintenance & Support
4.4.1.3.Managed Services
4.4.1.4.Assisted Professional Services

4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:GLOBAL PRECISION AGRICULTURE MARKET, BY APPLICATION

5.1.OVERVIEW
5.2.YIELD MONITORING

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.FIELD MAPPING

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.CROP SCOUTING

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.WEATHER TRACKING & FORECASTING

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.IRRIGATION MANAGEMENT

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

5.7.INVENTORY MANAGEMENT

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country

5.8.FARM LABOR MANAGEMENT

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region
5.8.3.Market analysis, by country

5.9.OTHERS

5.9.1.Key market trends, growth factors, and opportunities
5.9.2.Market size and forecast, by region
5.9.3.Market analysis, by country

CHAPTER 6:GLOBAL PRECISION AGRICULTUREMARKET, BY TECHNOLOGY

6.1.OVERVIEW
6.2.GUIDANCE TECHNOLOGY

6.2.1.Key market trends, growth factors, and opportunities
6.2.1.1.GPS/GNSS-Based Guidance Technology
6.2.1.2.GIS-based Guidance Technology
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.REMOTE SENSING TECHNOLOGY.

6.3.1.Key market trends, growth factors, and opportunities
6.3.1.1.Handheld or Ground-based Sensing
6.3.1.2.Satellite or Aerial Sensing
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.VARIABLE-RATE TECHNOLOGY

6.4.1.Key market trends, growth factors, and opportunities

6.4.1.1.Map-based VRT
6.4.1.2.Sensor-based VRT

6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:GLOBAL PRECISION AGRICULTURE MARKET, BY REGION

7.1.OVERVIEW
7.2.NORTH AMERICA

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by component
7.2.3.Market size and forecast, by Technology
7.2.4.Market size and forecast, by Application
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by Component
7.2.5.1.2.Market size and forecast, by Technology
7.2.5.1.3.Market size and forecast, by Application

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by Component
7.2.5.2.2.Market size and forecast, by Technology
7.2.5.2.3.Market size and forecast, by Application

7.3.EUROPE

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by component
7.3.3.Market size and forecast, by Technology
7.3.4.Market size and forecast, by Application
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by Component
7.3.5.1.2.Market size and forecast, by Technology
7.3.5.1.3.Market size and forecast, by Application

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by Component
7.3.5.2.2.Market size and forecast, by Technology
7.3.5.2.3.Market size and forecast, by Application

7.3.5.3.France

7.3.5.3.1.Market size and forecast, Component
7.3.5.3.2.Market size and forecast, by Technology
7.3.5.3.3.Market size and forecast, by Application

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, Component
7.3.5.4.2.Market size and forecast, by Technology
7.3.5.4.3.Market size and forecast, by Application

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by Component
7.3.5.5.2.Market size and forecast, by Technology
7.3.5.5.3.Market size and forecast, by Application

7.4.ASIA-PACIFIC

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by Component
7.4.3.Market size and forecast, by Technology
7.4.4.Market size and forecast, by Application
7.4.5.Market analysis, by country

7.4.5.1.Japan

7.4.5.1.1.Market size and forecast, by Component
7.4.5.1.2.Market size and forecast, by Technology
7.4.5.1.3.Market size and forecast, by Application

7.4.5.2.China

7.4.5.2.1.Market size and forecast, by Component
7.4.5.2.2.Market size and forecast, by Technology
7.4.5.2.3.Market size and forecast, by Application

7.4.5.3.Australia

7.4.5.3.1.Market size and forecast, by Component
7.4.5.3.2.Market size and forecast, by Technology
7.4.5.3.3.Market size and forecast, by Application

7.4.5.4.India

7.4.5.4.1.Market size and forecast, by Component
7.4.5.4.2.Market size and forecast, by Technology
7.4.5.4.3.Market size and forecast, by Application

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by Component
7.4.5.5.2.Market size and forecast, by Technology
7.4.5.5.3.Market size and forecast, by Application

7.5.LAMEA

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by Component
7.5.3.Market size and forecast, by Technology
7.5.4.Market size and forecast, by Application
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by Component
7.5.5.1.2.Market size and forecast, by Technology
7.5.5.1.3.Market size and forecast, by Application

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by Component
7.5.5.2.2.Market size and forecast, by Technology
7.5.5.2.3.Market size and forecast, by Application

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by Component
7.5.5.3.2.Market size and forecast, by Technology
7.5.5.3.3.Market size and forecast, by Application

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.KEY PLAYER POSITIONING ANALYSIS, 2019
8.2.TOP WINNING STRATEGIES
8.3.COMPETITIVE DASHBOARD

CHAPTER 9:COMPANY PROFILES

9.1.AG LEADER TECHNOLOGY

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.AGCO CORPORATION.

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Business performance
9.2.6.Key strategic moves and developments

9.3.AGSENS LLC

9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Key strategic moves and developments

9.4.AG SMART INC.

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Key strategic moves and developments

9.5.CROPMETRICS LLC

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments

9.6.CROPX INC.

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments

9.7.DEERE & COMPANY

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D expenditure
9.7.7.Business performance
9.7.8.Key strategic moves and developments

9.8.DICKEY-JOHN CORPORATION

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio

9.9.MONSANTO COMPANY

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.R&D expenditure
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.TRIMBLE, INC.

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.R&D expenditure
9.10.7.Business performance
9.10.8.Key strategic moves and developments

LIST OF TABLES

Table 01.Global precision agriculture Market, BY Component , 2020–2030 ($Million )
Table 02.precision agriculture Market FOR Hardware, 2020–2030 ($Million )
Table 03.precision agriculture Market FOR Software, 2020–2030 ($Million )
Table 04.precision agriculture Market FOR service, 2020–2030 ($Million )
Table 05.precision agriculture Market, BY Application , 2020–2030 ($MILLION )
Table 06.precision agriculture Market FOR BFSI, BY REGION, 2020–2030 ($MILLION )
Table 07.precision agriculture Market FOR BFSI, BY REGION, 2020–2030 ($MILLION )
Table 08.precision agriculture Market FOR Crop Scouting, BY REGION, 2020–2030 ($MILLION )
Table 09.precision agriculture Market FOR Weather tracking and forecasting, BY REGION, 2020–2030 ($MILLION )
Table 10.precision agriculture Market FOR Irrigation Management, BY REGION, 2020–2030 ($MILLION )
Table 11.precision agriculture Market FOR Inventory management, BY REGION, 2020–2030 ($MILLION )
Table 12.precision agriculture Market FOR Farm labor management, BY REGION, 2020–2030 ($MILLION)
Table 13.precision agriculture Market FOR Others, BY REGION, 2020–2030 ($MILLION )
Table 14.Global precision agricultureMarket, BY Technology , 2020–2030 ($Million )
Table 15.precision agricultureMarket FOR Guidance Technology, 2020–2030 ($Million )
Table 16.precision agriculture Market FOR Remote Sensing Technology, 2020–2030 ($Million )
Table 17.precision agricultureMarket FOR Variable-Rate Technology, 2020–2030 ($Million )
Table 18.Global precision agriculture Market, by Region, 2020–2030 ($MILLION )
Table 19.North America Global precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 20.North America Global precision agriculture Market, by deployment, 2020–2030 ($MILLION )
Table 21.North America Global precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 22.north AMERICA Global precision agriculture Market, BY Country, 2020–2030 ($MILLION )
Table 23.U.S. precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 24.U.S. precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 25.U.S. precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 26.Canada precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 27.Canada precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 28.canada precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 29.Europe precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 30.Europe precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 31.Europe precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 32.Europe precision agriculture Market, BY Country, 2020–2030 ($MILLION )
Table 33.UK precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 34.UK precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 35.UK precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 36.Germany precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 37.Germany precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 38.Germany Global precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 39.France precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 40.France precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 41.France precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 42.Russia precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 43.Russia precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 44.Russia precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 45.Rest of europe precision agriculture Market by Component, 2020–2030 ($MILLION )
Table 46.Rest of europe precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 47.Rest of europe precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 48.Asia-Pacific precision agriculture Market by Component, 2020–2030 ($MILLION )
Table 49.Asia-Pacific precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 50.Asia-Pacific precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 51.Asia-Pacific precision agriculture Market, BY country, 2020–2030 ($MILLION )
Table 52.japan precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 53.Japan precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 54.Japan precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 55.China precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 56.China precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 57.China precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 58.Australia precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 59.Australia precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 60.Australia precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 61.India precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 62.India precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 63.India precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 64.Rest of Global precision agriculture Market, Component, 2020–2030 ($MILLION )
Table 65.Rest of asia-Pacific precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 66.Rest of asia-Pacific precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 67.LAMEA precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 68.LAMEA precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 69.LAMEA precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 70.LAMEA precision agriculture Market, BY country, 2020–2030 ($MILLION )
Table 71.Latin America precision agriculture market, by Component, 2020–2030 ($MILLION )
Table 72.Latin America Global precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 73.Latin America precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 74.Middle east precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 75.Middle east precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 76.Middle east precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 77.Africa precision agriculture Market, by Component, 2020–2030 ($MILLION )
Table 78.Africa precision agriculture Market, By TECHNOLOGY , 2020–2030 ($MILLION )
Table 79.Africa Global precision agriculture Market, By Application, 2020–2030 ($MILLION )
Table 80.AG Leader Technology, Inc: KEY EXECUTIVES
Table 81.AG Leader Technology, Inc: company Snapshot
Table 82.AG Leader Technology, Inc: PRODUCT portfolio
Table 83.AGCO Corporation: KEY EXECUTIVES
Table 84.AGCO Corporation: company Snapshot
Table 85.ACGO Corporation: PRODUCT portfolio
Table 86.AGSense LLC.: KEY EXECUTIVE
Table 87.AGSense LLC.: company Snapshot
Table 88.AGSense LLC.: PRODUCT portfolio
Table 89.AgSmarts Inc: KEY EXECUTIVES
Table 90.AgSmarts Inc: company Snapshot
Table 91.AgSmarts Inc: PRODUCT portfolio
Table 92.AgSmarts Inc: Key strategic moves and developments
Table 93.CropMetrics LLC: KEY EXECUTIVES
Table 94.CropMetrics LLC: company Snapshot
Table 95.CropMetrics LLC: PRODUCT portfolio
Table 96.CropX.: KEY EXECUTIVES
Table 97.CropX.: company Snapshot
Table 98.Samsung Electronics Co. Ltd.: PRODUCT portfolio
Table 99.Deere & Company.: KEY EXECUTIVES
Table 100.DEERE & COMPANY.: company Snapshot
Table 101.Deere & Company.: Operating segments
Table 102.Deere & Company.: PRODUCT portfolio
Table 103.DICKEY-john corporation: KEY EXECUTIVES
Table 104.DICKEY-john Corporation: company Snapshot
Table 105.DICKEY-john Corporation: PRODUCT portfolio
Table 106.Monsanto Company.: KEY EXECUTIVES
Table 107.Monsanto Company.: company Snapshot
Table 108.Monsanto Company.: PRODUCT portfolio
Table 109.Trimble Inc.: KEY EXECUTIVES
Table 110.Trimble Inc.: company Snapshot
Table 111.Trimble Inc.: Operating segments
Table 112.Trimble Inc.: PRODUCT portfolio


LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.PRECISION AGRICULTURE MARKET BY SEGMENT, 2020–2030
FIGURE 03.PRECISION AGRICULTURE MARKET BY COUNTRY, 2020–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKET
FIGURE 06.TOP PLAYERS OF THE PRECISION AGRICULTURE MARKET
FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-HIGH BARGAINING POWER OF BUYER
FIGURE 09.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 10.LOW-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-HIGH COMPETITIVE RIVALRY
FIGURE 12.MARKET DYNAMICS: PRECISION AGRICULTURE MARKET
FIGURE 13.INDUSTRY ROADMAP OF PRECISION AGRICULTURE MARKET
FIGURE 14.GLOBAL PRECISION AGRICULTURE MARKET, BY COMPONENT , 2020–2030 ($MILLION )
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR HARDWARE,  2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR SOFTWARE,  2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR SERVICE, 2020 & 2030 (%)
FIGURE 18.GLOBAL PRECISION AGRICULTURE MARKET, BY APPLICATION , 2020–2030 ($MILLION )
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR FIELD MAPPING,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR FIELD MAPPING,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR CROP SCOUTING,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR WEATHER TRACKING AND FORECASTING BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR IRRIGATION MANAGEMENT, BY COUNTRY, 2020–2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR INVENTORY MANAGEMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR FARM LABOR MANAGEMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTURE MARKET FOR OTHERS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 27.GLOBAL PRECISION AGRICULTUREMARKET, BY TECHNOLOGY , 2020–2030 ($MILLION )
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTUREMARKET FOR GUIDANCE TECHNOLOGY, 2020 & 2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTUREMARKET FOR REMOTE SENSING TECHNOLOGY, 2020 & 2028 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF GLOBAL PRECISION AGRICULTUREMARKET FOR VARIABLE-RATE TECHNOLOGY, 2020–2030 (%)
FIGURE 31.U.S. GLOBAL PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 32.CANADA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 33.UK PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 34.GERMANY PRECISION AGRICULTURE 2020–2030 ($MILLION )
FIGURE 35.FRANCE PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 36.RUSSIA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 37.REST OF EUROPE PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 38.JAPAN PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 39.CHINA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 40.AUSTRALIA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 41.INDIA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 42.REST OF ASIA-PACIFIC PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 43.LATIN AMERICA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 44.MIDDLE EAST PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 45.AFRICA PRECISION AGRICULTURE MARKET, 2020–2030 ($MILLION )
FIGURE 46.KEY PLAYER POSITIONING ANALYSIS: GLOBAL PRECISION AGRICULTURE MARKET
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2018-2021
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE DASHBOARD
FIGURE 52.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 53.AGCO CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 54.AGCO CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.DEERE & COMPANY.: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.DEERE & COMPANY.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.DEERE & COMPANY.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 60.BAYER AG. REVENUE, 2018–2020 ($MILLION)
FIGURE 61.BAYER AG: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 62.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.TRIMBLE INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 64.TRIMBLE INC. REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.TRIMBLE INC.: REVENUE SHARE BY REGION, 2020 (%)

 
 

In accordance with several interviews that were conducted with top level CXOs, adoption of precision agriculture software has increased over the period of time due to surge in modern farming technique and evolving supportive government regulations across the region. In addition, ability of the precision agriculture software to improve productivity of farmers and reduced financial losses in farming and agriculture system increases its popularity among the end users.

Agriculture plays a crucial role in livelihood and country economy as it is the backbone of the economic system of a country. Moreover, for decades, agriculture has been associated with essential crop production. Presently, there is a rapid increase in population globally that necessitates more food requirement. Therefore, to satisfy the increased food demand, effective agriculture techniques such as precision agriculture are required. Precision agriculture plays a crucial part in the agriculture industry, facilitating the ability to monitor and understand what is happening around the crop. Some of the major benefits of precision agriculture are real-time monitoring, optimum utilization of resources, and improved productivity. Moreover, precision agriculture is popular in developed regions, such as North America and Europe.

The global precision agriculture market has been gaining traction owing to the increased adoption across various regions due to its superior benefits such as real-time farm monitoring, essential information collection related to crops, information analysis, and effective decision support that drives the growth of the market. Therefore, the global precision agriculture market is rapidly expanding and replacing the traditional methods. In addition, technological development in the agriculture industry help improve crop production and ultimately revenue of farmers which boosts the growth of the precision agriculture market globally.Major players have adopted various revenue and business growth strategies to enhance and develop their product portfolio, strengthen their precision agriculture market share, and help them increase their market penetration.

Also, various startups are focusing on innovation of various techniques for advanced agriculture method to uplift the agriculture production. For instance, in November 2020, Indian precision farming start-up which is Fasal has launched first ever, made in India plug and play IoT and sensors based system, ‘Fasal Kranti’. The IoT device ‘Fasal Kranti’ aims to make farming profitable and sustainable by helping the farmer in making optimized data-driven decisions on the farm concerning irrigation, fertilizer distribution, disease, and pest management.

 

PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Sample

OR

Purchase Full Report of
Precision Agriculture Market

Start reading instantly.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,713
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $4,126
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $6,169
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,930
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $10,665
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers