Global Precision Farming Market

- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

  • Date March 2017
  • price $3619
 
 

Precision farming is a site-specific crop management (SSCM) technique implemented by farmers in their fields to improve crop yield and quality. It utilizes advanced technologies, such as GPS, GIS, telematics, and remote sensing, to obtain real-time updates related to crops. This technique analyzes the weather patterns, temperature, humidity level, soil nutrition, and growth of the crop. In addition, it aids farmers in decision-making and monitors exact water, fertilizer, and pesticide levels to create a suitable environment for crops. The global precision farming market is expected to grow at a CAGR of 17.4% from 2017 to 2025.

Based on technology, the global precision agriculture market is segmented as GIS, telematics, VRT, GPS, and remote sensing. Based on component, the market is segmented as hardware and software. On the basis of hardware, the market is divided as sensors, drones, automated Steering System (ASS), radar, GPS, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Growth in adoption of smartphones.
  • Aggrandized use of cloud technology.
  • Booming population.
  • Technological advancements.

Restraints:

  • Lack of awareness.
  • High investment required.

Market Players:

The top players in the global precision farming market include Deere & Company, CropMetrics, Trimble Navigation Limited, CropX, AgSmarts Inc., AgSense LLC, AGCO Corporation, Agleader, DICKEY-john Corporation, and Monsanto Company.

KEY TAKEAWAYS
Global Precision Farming Market

MARKET LANDSCAPE

By Technology

  • Geographical Information System (GIS)
  • Telematics
  • Variable Rate Technology (VRT)
  • Global Positioning System (GPS)
  • Remote Sensing

By Component

  • Hardware
    • Sensors
    • Drones
    • Automated Steering System (ASS)
    • Radar
    • GPS
    • Others (Satellite, Display, and Smartphone)
  • Software
    • Geographical Information System (GIS)
    • Crop Management Software
    • Weather Tracking & Forecasting Software
    • Inventory Management Software
    • People Management Software
    • Financial Management Software

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Australia
    • Taiwan
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Precision Agriculture Market Shares Analysis, 2014-2025
3.4.1. Global precision agriculture market share by technology, 2014-2025
3.4.2. Global precision agriculture market share by component, 2014-2025
3.4.3. Global precision agriculture market share by industry verticals, 2014-2025
3.4.4. Global precision agriculture market share by geography, 2014-2025
4. Global Precision Agriculture Market by Technology
4.1. Geographical Information System (GIS)
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Telematics
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. Variable Rate Technology (VRT)
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.4. Global Positioning System (GPS)
4.4.1. Historical Market Size by Region, 2014-2016
4.4.2. Market Forecast by Region, 2017-2025
4.5. Remote Sensing
4.5.1. Historical Market Size by Region, 2014-2016
4.5.2. Market Forecast by Region, 2017-2025
5. Global Precision Agriculture Market by Component
5.1. Hardware
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.1.3. Sensors
5.1.4. Drones
5.1.5. Automated Steering System (ASS)
5.1.6. Radar
5.1.7. GPS
5.1.8. Others
5.2. Software
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.2.3. Geographical Information System (GIS)
5.2.4. Crop Management Software
5.2.5. Weather Tracking & Forecasting Software
5.2.6. Inventory Management Software
5.2.7. People Management Software
5.2.8. Financial Management Software
6. Global Precision Agriculture Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Russia
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. Italy
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Rest of Europe
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. South Korea
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. Australia
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Taiwan
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.3.7. Rest of Asia-Pacific
6.3.7.1. Historical Market Size, 2014-2016
6.3.7.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. South Arabia
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
7. Company profiles
7.1. Deere & Company
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. CropMetrics
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Trimble Navigation Limited
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. CropX
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. AgSmarts Inc.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. AgSense LLC
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. AGCO Corporation
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Agleader
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. DICKEY-john Corporation
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Monsanto Company
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments

List of Tables
Table 1.Precision Agriculture Market Share, by Technology, 2014-2025, (%)
Table 2.Precision Agriculture Market Value for Geographical Information System (GIS), by Region, 2017-2025, $million
Table 3.Precision Agriculture Market Value for Telematics, by Region, 2017-2025, $million
Table 4.Precision Agriculture Market Value for Variable Rate Technology (VRT), by Region, 2017-2025, $million
Table 5.Precision Agriculture Market Value for Global Positioning System (GPS), by Region, 2017-2025, $million
Table 6.Precision Agriculture Market Value for Remote Sensing, by Region, 2017-2025, $million
Table 7.Precision Agriculture Market Share, by Component, 2014-2025, (%)
Table 8.Precision Agriculture Market Share, by Hardware, 2014-2025, (%)
Table 9.Precision Agriculture Market Value for Sensors, by Region, 2017-2025, $million
Table 10.Precision Agriculture Market Value for Drones, by Region, 2017-2025, $million
Table 11.Precision Agriculture Market Value for Automated Steering System (ASS), by Region, 2017-2025, $million
Table 12.Precision Agriculture Market Value for Radar, by Region, 2017-2025, $million
Table 13.Precision Agriculture Market Value for GPS, by Region, 2017-2025, $million
Table 14.Precision Agriculture Market Value for others, by Region, 2017-2025, $million
Table 15.Precision Agriculture Market Share, by Software, 2014-2025, (%)
Table 16.Precision Agriculture Market Value for Geographical Information System (GIS), by Region, 2017-2025, $million
Table 17.Precision Agriculture Market Value for Crop Management Software, by Region, 2017-2025, $million
Table 18.Precision Agriculture Market Value for Weather Tracking & Forecasting Software, by Region, 2017-2025, $million
Table 19.Precision Agriculture Market Value for Inventory Management Software, by Region, 2017-2025, $million
Table 20.Precision Agriculture Market Value for People Management Software, by Region, 2017-2025, $million
Table 21.Precision Agriculture Market Value for Financial Management Software, by Region, 2017-2025, $million
Table 22.Precision Agriculture Market Value, by Region, 2014-2025, $million
Table 23.Precision Agriculture Market Value for North America, by Country, 2014-2025, $million
Table 24.Precision Agriculture Market Value for North America, by Technology, 2014-2025, $million
Table 25.Precision Agriculture Market Value for North America, by Component, 2014-2025, $million
Table 26.Precision Agriculture Market Value for Europe, by Country, 2014-2025, $million
Table 27.Precision Agriculture Market Value for Europe, by Technology, 2014-2025, $million
Table 28.Precision Agriculture Market Value for Europe, by Component, 2014-2025, $million
Table 29.Precision Agriculture Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 30.Precision Agriculture Market Value for Asia-Pacific, by Component, 2014-2025, $million
Table 31.Precision Agriculture Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 32.Precision Agriculture Market Value for LAMEA, by Country, 2014-2025, $million
Table 33.Precision Agriculture Market Value for LAMEA, by Component, 2014-2025, $million
Table 34.Precision Agriculture Market Value for LAMEA, by Application, 2014-2025, $million
Table 35. Deere & Company - Company Snapshot
Table 36. CropMetrics - Company Snapshot
Table 37. Trimble Navigation Limited - Company Snapshot
Table 38. CropX - Company Snapshot
Table 39. AgSmarts Inc. - Company Snapshot
Table 40. AgSense LLC - Company Snapshot
Table 41. AGCO Corporation - Company Snapshot
Table 42. Agleader - Company Snapshot
Table 43. DICKEY-john Corporation - Company Snapshot
Table 44. Monsanto Company - Company Snapshot

List of Figures
Figure 1.Precision Agriculture Geographical Information System (GIS) Market Value, 2014-2016, $million
Figure 2.Precision Agriculture Telematics Market Value, 2014-2016, $million
Figure 3.Precision Agriculture Variable Rate Technology (VRT) Market Value, 2014-2016, $million
Figure 4.Precision Agriculture Global Positioning System (GPS) Market Value, 2014-2016, $million
Figure 5.Precision Agriculture Remote Sensing Market Value, 2014-2016, $million
Figure 6.Precision Agriculture Others Market Value, 2014-2016, $million
Figure 7.Precision Agriculture Sensors Market Value, 2014-2016, $million
Figure 8.Precision Agriculture Drones Market Value, 2014-2016, $million
Figure 9.Precision Agriculture Automated Steering System (ASS) Market Value, 2014-2016, $million
Figure 10.Precision Agriculture Radar Market Value, 2014-2016, $million
Figure 11.Precision Agriculture GPS Market Value, 2014-2016, $million
Figure 12.Precision Agriculture Others Market Value, 2014-2016, $million
Figure 13.Precision Agriculture Geographical Information System (GIS) Market Value, 2014-2016, $million
Figure 14.Precision Agriculture Crop Management Software Market Value, 2014-2016, $million
Figure 15.Precision Agriculture Weather Tracking & Forecasting Software Market Value, 2014-2016, $million
Figure 16.Precision Agriculture Inventory Management Software Market Value, 2014-2016, $million
Figure 17.Precision Agriculture People Management Software Market Value, 2014-2016, $million
Figure 18.Precision Agriculture Financial Management Software Market Value, 2014-2016, $million
Figure 19.Precision Agriculture: U.S. Market Value, 2014-2016, $million
Figure 20.Precision Agriculture: U.S. Market Value, 2017-2025, $million
Figure 21.Precision Agriculture: Canada Market Value, 2014-2016, $million
Figure 22.Precision Agriculture: Canada Market Value, 2017-2025, $million
Figure 23.Precision Agriculture: Mexico Market Value, 2014-2016, $million
Figure 24.Precision Agriculture: Mexico Market Value, 2017-2025, $million
Figure 25.Precision Agriculture: UK Market Value, 2014-2016, $million
Figure 26.Precision Agriculture: UK Market Value, 2017-2025, $million
Figure 27.Precision Agriculture: Germany Market Value, 2014-2016, $million
Figure 28.Precision Agriculture: Germany Market Value, 2017-2025, $million
Figure 29.Precision Agriculture: France Market Value, 2014-2016, $million
Figure 30.Precision Agriculture: France Market Value, 2017-2025, $million
Figure 31.Precision Agriculture: Russia Market Value, 2014-2016, $million
Figure 32.Precision Agriculture: Russia Market Value, 2017-2025, $million
Figure 33.Precision Agriculture: Italy Market Value, 2014-2016, $million
Figure 34.Precision Agriculture: Italy Market Value, 2017-2025, $million
Figure 35.Precision Agriculture: Rest of Europe Market Value, 2014-2016, $million
Figure 36.Precision Agriculture: Rest of Europe Market Value, 2017-2025, $million
Figure 37.Precision Agriculture: China Market Value, 2014-2016, $million
Figure 38.Precision Agriculture: China Market Value, 2017-2025, $million
Figure 39.Precision Agriculture: Japan Market Value, 2014-2016, $million
Figure 40.Precision Agriculture: Japan Market Value, 2017-2025, $million
Figure 41.Precision Agriculture: India Market Value, 2014-2016, $million
Figure 42.Precision Agriculture: India Market Value, 2017-2025, $million
Figure 43.Precision Agriculture: South Korea Market Value, 2014-2016, $million
Figure 44.Precision Agriculture: South Korea Market Value, 2017-2025, $million
Figure 45.Precision Agriculture: Australia Market Value, 2014-2016, $million
Figure 46.Precision Agriculture: Australia Market Value, 2017-2025, $million
Figure 47.Precision Agriculture: Taiwan Market Value, 2014-2016, $million
Figure 48.Precision Agriculture: Taiwan Market Value, 2017-2025, $million
Figure 49.Precision Agriculture: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 50.Precision Agriculture: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 51.Precision Agriculture: Brazil Market Value, 2014-2016, $million
Figure 52.Precision Agriculture: Brazil Market Value, 2017-2025, $million
Figure 53.Precision Agriculture: Saudi Arabia Market Value, 2014-2016, $million
Figure 54.Precision Agriculture: Saudi Arabia Market Value, 2017-2025, $million
Figure 55.Precision Agriculture: South Africa Market Value, 2014-2016, $million
Figure 56.Precision Agriculture: South Africa Market Value, 2017-2025, $million
Figure 57.Precision Agriculture: Rest of LAMEA Market Value, 2014-2016, $million
Figure 58.Precision Agriculture: Rest of LAMEA Market Value, 2017-2025, $million
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