Press Resease

Precision Farming Market - Global Industry Analysis

Precision Farming Market By Offering (Hardware, Software, and Services), By Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, and Farm Labor Management): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 20-Oct-2021 Category: Technology & Media Report Format : PDF Pages: 177 Report Code: ZMR-353 Status : Published

The global Precision Farming Market accounted for USD 7.01 Billion in 2020 and is expected to reach USD 17.82 Billion by 2028, growing at a CAGR of 12.63% from 2021 to 2028.

Description

Market Overview

The global Precision Farming Market accounted for USD 7.01 Billion in 2020 and is expected to reach USD 17.82 Billion by 2028, growing at a CAGR of 12.63% from 2021 to 2028.

Precision agriculture (PA), is a farming management approach based on measuring, observing, and responding to crops intra and inter field variability. The aim is to illustrate a Decision Support System (DSS) for complete farm management while preserving resources with the aim of optimizing returns on inputs in precision agriculture research.

Global Precision Farming Market Size

COVID-19 Impact Analysis

The outbreak of COVID-19 has affected negatively on the precision farming market with various manufacturing units across India, China, Japan, European countries, and the U.S. temporarily shutting down. This has therefore led to a substantial stagnation in production of equipment for precision farming. Lockdowns enforced by the governments affected manufacturing and reduced the consumer demand for equipment which requires high capital.

The application of remote sensing as well as farm management software tools could lead to an elevated adoption post-COVID-19. Market players have started focusing on wireless platforms more to enable decision-making (real-time) for crop irrigation scheduling, yield monitoring, field mapping, health monitoring, and harvesting management.

Growth Factors

Rising government backing for adopting contemporary agricultural techniques & the expanding need for monitoring the health of crops efficiently are anticipated to propel market growth. Furthermore, cloud-based software model is expected to gain substantial market share in coming years as it cut down energy consumption and supply storage for a big amount of data while promoting cost saving. Additionally, innovations in related farming applications and GPS mapping are enabling farmers to function more effectively and expand their profit margins. Moreover, demand for drones is anticipated to increase in the agriculture field as they are progressively used in monitoring irrigation systems. Also, yield monitoring finds broad use in soil monitoring as it assists in detecting the properties for increasing yields of soil. These are some of the factors propelling the demand.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Offering Analysis Preview

Hardware segment held a share of around 62.44% in 2020. Hardware segment has been further segregated into sensing devices, antennas, control and automation systems, and access points. Hardware components such as sensing devices, control and automation systems, and drones play a key role in helping farmers. For example, GIS guidance system is profitable for farmers as it is able to visualize and environment agricultural workflows.

The software segment is bifurcated based on cloud-based and web-based precision farming. Cloud based computing focuses on servers, shared networks, and storage devices, due to which huge costs incurred in managing software and hardware infrastructure, are removed.

Global Precision Farming Market Share

Application Segment Analysis Preview

Yield monitoring segment will grow at a CAGR of over 6.32% from 2021 to 2028. Yield monitoring segment is further bifurcated into off-farm yield monitoring and on-farm yield monitoring. The latter enables farmers to acquire real-time information amid harvesting and build a historical spatial database. Yield monitoring segment is anticipated to report for the biggest market share, since it offers documentation of environmental compliance, equitable landlord negotiations, and track records for food safety.

Irrigation management segment is anticipated to witness noticeable growth over the forecast period. Smart irrigation includes the use of different technologies, for instance, sensor-based controllers, weather-based controllers, rain sensors, and water meters, to help project the right amount of water for irrigation. Such advantages are likely to propel the adoption of irrigation drones.

Regional Analysis Preview

North America accounted for a share of over 44.23% in 2020. The region is an early adopter of technologies. Factors like rising government actions for adoption of developed infrastructure and contemporary agriculture technologies have contributed to the huge revenue of the region wise market.

Global Precision Farming MarketR egional Analysis

Asia Pacific is anticipated to grow at a CAGR of 14.5% over the forecast period. Several government actions are being initiated in emerging countries such as Sri Lanka, India, and Nigeria to stimulate the implementation of contemporary precision farming technologies, through maximizing productivity. Moreover, an efficient administrative framework is enabling farmers to increase adequate knowledge of the maintenance and proper use of precision farming equipment.

Key Market Players & Competitive Landscape

Some of key players in Precision Farming Market are AgJunction, Inc., Ag Leader Technology, Trimble, Inc., CropMetrics LLC, Raven Industries Inc., AGCO Corporation, Deere and Company, Topcon Corporation, among others. 

The Global Precision Farming Market is segmented as follows:

By Offering

  • Hardware
  • Software
  • Services

By Application

  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 : Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Offering
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Precision Farming Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 : COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 : Precision Farming Market – Offering Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Offering, 2020 & 2028
    • 4.2. Hardware
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Software
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Services
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 : Precision Farming Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Yield Monitoring
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Field Mapping
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Crop Scouting
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Weather Tracking & Forecasting
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Irrigation Management
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Inventory Management
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.8. Farm Labor Management
      • 5.8.1. Market Size and Forecast, By Region (USD Billion)
      • 5.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.8.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 : Precision Farming Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Offering, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Offering, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Offering, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Offering, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Offering, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Offering, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Offering, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Offering, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Offering, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Offering, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Offering, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Offering, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Offering, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Offering, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Offering, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Offering, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Offering, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Offering, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Offering, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Offering, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Offering, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Offering, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Offering, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Offering, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Offering, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Offering, 2016 – 2028
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7 : Precision Farming Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
    • 7.3. Market Restraints
    • 7.4. Market Opportunities
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technulogy Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 : Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Precision Farming Market: Company Market Share, 2019
      • 8.1.2. Global Precision Farming Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Precision Farming Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Precision Farming Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 : Company Profiles
    • 9.1. Ag Leader Technulogy
    • 9.2. AgJunction, Inc.
    • 9.3. CropMetrics LLC
    • 9.4. Trimble, Inc.
    • 9.5. AGCO Corporation
    • 9.6. Raven Industries Inc.
    • 9.7. Deere and Company
    • 9.8. Topcon Corporation
  • Chapter No. 10 : Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 : Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

List of Figures    

FIG NO. 1. Market Attractiveness Analysis, By Offering
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Precision Farming Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Offering, 2020 & 2028
FIG NO. 7. Global Precision Farming Market for Hardware, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Precision Farming Market for Hardware, By Country, 2020 & 2028
FIG NO. 9. Global Precision Farming Market for Software, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Precision Farming Market for Software, By Country, 2020 & 2028
FIG NO. 11. Global Precision Farming Market for Services, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Precision Farming Market for Services, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 14. Global Precision Farming Market for Yield Monitoring, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Precision Farming Market for Yield Monitoring, By Country, 2020 & 2028
FIG NO. 16. Global Precision Farming Market for Field Mapping, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Precision Farming Market for Field Mapping, By Country, 2020 & 2028
FIG NO. 18. Global Precision Farming Market for Crop Scouting, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Precision Farming Market for Crop Scouting, By Country, 2020 & 2028
FIG NO. 20. Global Precision Farming Market for Weather Tracking & Forecasting, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Precision Farming Market for Weather Tracking & Forecasting, By Country, 2020 & 2028
FIG NO. 22. Global Precision Farming Market for Irrigation Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Precision Farming Market for Irrigation Management, By Country, 2020 & 2028
FIG NO. 24. Global Precision Farming Market for Inventory Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Precision Farming Market for Inventory Management, By Country, 2020 & 2028
FIG NO. 26. Global Precision Farming Market for Farm Labor Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Precision Farming Market for Farm Labor Management, By Country, 2020 & 2028
FIG NO. 28. Global Precision Farming Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Precision Farming Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 30. Porter’s Five Forces Analysis for Global Precision Farming Market
FIG NO. 31. PEST Analysis for Global Precision Farming Market
FIG NO. 32. Pricing Analysis for Global Precision Farming Market
FIG NO. 33. Value Chain Analysis for Global Precision Farming Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. Ag Leader Technology Business Segment Revenue Share, 2020 (%)
FIG NO. 38. Ag Leader Technology Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology
 


List of Tables 

TABLE NO. 1. Global Precision Farming Market: Snapshot
TABLE NO. 2. Quarterly Precision Farming Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Precision Farming Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Precision Farming Market for Hardware, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Precision Farming Market for Software, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Precision Farming Market for Services, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Precision Farming Market for Yield Monitoring, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Precision Farming Market for Field Mapping, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Precision Farming Market for Crop Scouting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Precision Farming Market for Weather Tracking & Forecasting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Precision Farming Market for Irrigation Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Precision Farming Market for Inventory Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Precision Farming Market for Farm Labor Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Precision Farming Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Precision Farming Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. U.S. Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Canada Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 23. Canada Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Mexico Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 26. Drivers for the Precision Farming Market: Impact Analysis
TABLE NO. 27. Restraints for the Precision Farming Market: Impact Analysis
TABLE NO. 28. Major Buyers of Precision Farming
TABLE NO. 29. Distributors/Traders List of Precision Farming
TABLE NO. 30. Global Precision Farming Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 31. Global Precision Farming Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
 

Methodology

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

The Global Precision Farming Market was valued at USD 7.01 Billion in 2020.

The Global Precision Farming Market is expected to reach USD 17.82 Billion by 2028, growing at a CAGR of 12.63% between 2021 to 2028.

Some of the key factors driving the Global Precision Farming Market growth are Rising government backing & the expanding need for monitoring the health of crops efficiently are anticipated to propel market growth.

 

North America region held a substantial share of the Precision Farming Market in 2020. Asia Pacific to grow at a substantial rate.

Some of the major companies operating in the Precision Farming market are AgJunction, Inc., Ag Leader Technology, Trimble, Inc., CropMetrics LLC, Raven Industries Inc., AGCO Corporation, Deere and Company, Topcon Corporation, among others.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed