Report Summary
Summary
Precision farming is defined (also known as precision agriculture or satellite farming) technologies as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.
On the basis of technology, guidance technology held the largest market size owing to the early adoption of this technology by farmers. GPS-based auto-guidance technology allows growers to reduce the overlapping of equipment and tractor passes, thus saving fuel, labor, time, and soil compaction.
The Americas held the largest share of the precision farming market in 2017. Countries such as the US and Canada in the Americas are the early adopters of precision farming technologies, which is the major reason for the high share of this region in the precision farming market. Farmers or growers in this region are increasingly adopting advanced farming systems and equipment such as steering and guidance systems, sensors, display devices, and farm management software.
In 2020, the global Precision Farming market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% between 2021 and 2027.
This report studies the Precision Farming market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Deere & Company
Trimble
Agco
Agjunction
Raven Industries
AG Leader Technology
SST Development Group
Teejet Technologies
Topcon Positioning Systems
Dickey-John Corporation
Cropmetrics
Hexagon Agriculture
Granular
Prospera Technologies
Agribotix
Autocopter Corp
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Guidance System
Remote Sensing
Variable-Rate Technology
Market segment by Application, the market can be split into
Yield Monitoring
Crop Scouting
Field Mapping
Irrigation Management
Weather Tracking & Forecasting
Inventory Management
Farm Labor Management
Financial Management
Others
The study objectives of this report are:
To study and forecast the market size of Precision Farming in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Precision Farming are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Precision Farming market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
Precision Farming Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Precision Farming
1.1 Precision Farming Market Overview
1.1.1 Precision Farming Product Scope
1.1.2 Market Status and Outlook
1.2 Global Precision Farming Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Precision Farming Market by Type
1.3.1 Guidance System
1.3.2 Remote Sensing
1.3.3 Variable-Rate Technology
1.4 Precision Farming Market by End Users/Application
1.4.1 Yield Monitoring
1.4.2 Crop Scouting
1.4.3 Field Mapping
1.4.4 Irrigation Management
1.4.5 Weather Tracking & Forecasting
1.4.6 Inventory Management
1.4.7 Farm Labor Management
1.4.8 Financial Management
1.4.9 Others
2 Global Precision Farming Competition Analysis by Players
2.1 Precision Farming Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Deere & Company
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Precision Farming Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Trimble
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Precision Farming Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Agco
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Precision Farming Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Agjunction
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Precision Farming Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Raven Industries
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Precision Farming Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 AG Leader Technology
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Precision Farming Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 SST Development Group
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Precision Farming Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Teejet Technologies
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Precision Farming Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 Topcon Positioning Systems
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Precision Farming Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Dickey-John Corporation
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Precision Farming Revenue (Value) (2017-2020)
3.10.5 Recent Developments
3.11 Cropmetrics
3.12 Hexagon Agriculture
3.13 Granular
3.14 Prospera Technologies
3.15 Agribotix
3.16 Autocopter Corp
4 Global Precision Farming Market Size by Type and Application (2017-2020)
4.1 Global Precision Farming Market Size by Type (2017-2020)
4.2 Global Precision Farming Market Size by Application (2017-2020)
4.3 Potential Application of Precision Farming in Future
4.4 Top Consumer/End Users of Precision Farming
5 North America Precision Farming Development Status and Outlook
5.1 North America Precision Farming Market Size (2017-2020)
5.2 North America Precision Farming Market Size and Market Share by Players (2018 and 2019)
6 Europe Precision Farming Development Status and Outlook
6.1 Europe Precision Farming Market Size (2017-2020)
6.2 Europe Precision Farming Market Size and Market Share by Players (2018 and 2019)
7 China Precision Farming Development Status and Outlook
7.1 China Precision Farming Market Size (2017-2020)
7.2 China Precision Farming Market Size and Market Share by Players (2018 and 2019)
8 Rest of Asia Pacific Precision Farming Development Status and Outlook
8.1 Rest of Asia Pacific Precision Farming Market Size (2017-2020)
8.2 Rest of Asia Pacific Precision Farming Market Size and Market Share by Players (2018 and 2019)
9 Central & South America Precision Farming Development Status and Outlook
9.1 Central & South America Precision Farming Market Size (2017-2020)
9.2 Central & South America Precision Farming Market Size and Market Share by Players (2018 and 2019)
10 Middle East & Africa Precision Farming Development Status and Outlook
10.1 Middle East & Africa Precision Farming Market Size (2017-2020)
10.2 Middle East & Africa Precision Farming Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Precision Farming Market Size (Value) by Regions (2021-2027)
11.1.1 North America Precision Farming Revenue and Growth Rate (2021-2027)
11.1.2 Europe Precision Farming Revenue and Growth Rate (2021-2027)
11.1.3 China Precision Farming Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Precision Farming Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Precision Farming Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Precision Farming Revenue and Growth Rate (2021-2027)
11.2 Global Precision Farming Market Size (Value) by Type (2021-2027)
11.3 Global Precision Farming Market Size by Application (2021-2027)
12 Precision Farming Market Dynamics
12.1 Precision Farming Market Opportunities
12.2 Precision Farming Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Precision Farming Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Precision Farming Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
