Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage:

Table of Content

TOC
USD
1. Report Scope, Market Definition, and Research Objective

1.1. Market Definition
1.2. Scope of the Report
1.3. Research Objective

0
2. Research Methodology

2.1. Precision Farming Market Research Methodology
2.2. Data Sources
2.3. Assumptions and Limitations

249
3. Report Abstract 399
4. Industry Overview

4.1. Introduction
4.2. Ecosystem/Stakeholders
4.3. Value Chain Analysis
4.4. Top Precision Farming Market Trends
4.5. Global Precision Agriculture Market Key Segmentation
4.6. Industry Roadmap

249
5. Market Dynamics

5.1. Market Drivers

5.1.1. Government and Public Organizations initiatives
5.1.2. Economical effectiveness
5.1.3. Continuous innovations
5.1.4. Environmental benefits and making agriculture sustainable in the long-run
5.1.5. Need for technology enabled farming alternatives

5.2. Market Challenges

5.2.1. High upfront costs
5.2.2. Paucity of information/awareness and Lack of technical know-how
5.2.3. Interoperability, compatibility, and connectivity issues
5.2.4. Competition from alternative farming techniques

5.3. Market Opportunities

5.3.1. Agriculture Sector- Key Benefactor of the exponentially increasing IoT
5.3.2. The integration of Artificial Intelligence with agriculture sector
5.3.3. Potential impact of legalization of Cannabis and Precision Farming
5.3.4. Promising Growth/Investment/Expansion potential in developing and underdeveloped economies

299
6. Competitive Landscape

6.1. Strategic Benchmarking

6.1.1. Partnerships, Collaborations and Agreements
6.1.2. Product Launch
6.1.3. Business Expansion
6.1.4. Mergers and Acquisitions
6.1.5. Important Company Events

6.2. Industry Attractiveness

300
7. Global Precision Farming Market Analysis and Forecast By Component, 2018-2023

7.1. Overview
7.2. Hardware Components

7.2.1. GNSS/GPS
7.2.2. Automation and Control

7.2.2.1. Guidance and Steering
7.2.2.2. Yield Monitors
7.2.2.3. Robots/UAVs/Drones/Driverless Tractors

7.2.3. Sensors and Monitors
7.2.4. Others

7.2.4.1. Displays
7.2.4.2. Variable controllers

7.2.5. Market Sizing

7.3. Software Components

7.3.1. By Platform

7.3.1.1. Local/Web Based
7.3.1.2. Cloud Based

7.3.2. By Software Complexity

7.3.2.1. Introductory level software
7.3.2.2. Intermediate level software
7.3.2.3. Advanced software

7.3.3. Market Sizing

7.4. Services

7.4.1. Consulting Service
7.4.2. Maintenance and Support
7.4.3. Laboratory Service
7.4.4. Market Sizing

1099
8. Global Precision Farming Market Analysis and Forecast by Technology, 2018-2023

8.1. Overview
8.2. Telematics

8.2.1. GNSS/GPS
8.2.2. GIS
8.2.3. Guidance System
8.2.4. Market Sizing

8.3. Variable Rate Technology

8.3.1. Market Sizing

8.4. Remote Sensing

8.4.1. Satellite based remote sensing
8.4.2. UAV/Drone based remote sensing
8.4.3. Ground based remote sensing
8.4.4. Market Sizing

8.5. Others

8.5.1. Yield Monitoring
8.5.2. Controlled Traffic Farming System
8.5.3. Market Sizing

899
9. Global Precision Farming Market Analysis and Forecast by Application, 2018-2023

9.1. Overview
9.2. Yield Monitoring

9.2.1. Field/Yield Mapping
9.2.2. Soil Sampling and Mapping
9.2.3. Market Sizing

9.3. Variable Rate Application

9.3.1. Variable Rate Nutrient Application
9.3.2. Variable Rate Seeding
9.3.3. Variable Rate Irrigation
9.3.4. Market Sizing

9.4. Crop Scouting

9.4.1. Market Sizing

9.5. Others

9.5.1. Farm Labour, Inventory and Financial Management
9.5.2. Weather Tracking and Forecasting
9.5.3. Irrigation Management
9.5.4. Market Sizing

889
10. Global Precision Farming Market Analysis and Forecast by Geography, 2018-2023

10.1. Overview
10.2. North America Precision Farming Market

10.2.1. The United States (U.S.)
10.2.2. Canada
10.2.3. Mexico
10.2.4. Market Sizing

10.2.4.1. North America Market by Key Countries
10.2.4.2. North America Market by Component
10.2.4.3. North America Market by Technology
10.2.4.4. North America Market by Application

10.3. Europe Precision Farming Market

10.3.1. Germany
10.3.2. The United Kingdom (U.K.)
10.3.3. The Netherlands
10.3.4. France
10.3.5. Rest of Europe
10.3.6. Market Sizing

10.3.6.1. Europe Market by Key Countries
10.3.6.2. Europe Market by Component
10.3.6.3. Europe Market by Technology
10.3.6.4. Europe Market by Application

10.4. Asia Pacific Precision Farming Market

10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. Singapore
10.4.5. South Korea
10.4.6. Market Sizing

10.4.6.1. Asia-Pacific Market by Key Countries
10.4.6.2. Asia-Pacific Market by Component
10.4.6.3. Asia-Pacific Market by Technology
10.4.6.4. Asia-Pacific Market by Application

10.5. Rest of the World Precision Farming Market

10.5.1. Middle East

10.5.1.1. Israel
10.5.1.2. Saudi Arabia
10.5.1.3. UAE

10.5.2. South America

10.5.2.1. Brazil
10.5.2.2. Argentina

10.5.3. Africa
10.5.4. Market Sizing

10.5.4.1. Rest of the World Market by Key Countries
10.5.4.2. Rest of the World Market by Component
10.5.4.3. Rest of the World Market by Technology
10.5.4.4. Rest of the World Market by Application

1099
11. Company Profiles [Company Snapshot, Company’s Vertical Farming Market Participation]

11.1. AGCO Corporation
11.2. Ag Leader
11.3. Ag Junction, Inc.
11.4. Blue River Technology
11.5. CNH Industrial
11.6. Deere & Company
11.7. DICKEY-John Corporation
11.8. Monsanto Company
11.9. Precision Planting LLC
11.10. PrecisionHawk
11.11. Raven Industries
11.12. SST Development Group, Inc.
11.13. The Climate Corporation
11.14. Trimble Inc.
11.15. Topcon Positioning Systems, Inc.
11.16. Other Key Players

899
12. Annexure

Annexure A: List of Abbreviations/Acronyms
Annexure B:Related Reports

0

LIST OF TABLES

1. List Of Prominent Government Initiatives-Precision Agriculture
2. Precision Farming Market Key Partnerships/Collaborations/Agreements (2015-2027)
3. Precision Farming Market Key Product Launch/Developments (2015-2027)
4. Precision Farming Market Key Mergers And Acquisitions (2013-2017)
5. Precision Farming Market Key Business Expansion Activities (2013-2017)
6. Precision Farming Market Important Company Events (2015-2017)
7. Threat of New Entrants
8. Bargaining Power Of Buyers
9. Bargaining Power Of Suppliers
10. Threat From Substitutes
11. Intensity of Competitive Rivalry
12. Global Precision Farming Market Size ($ Million) By Component Type, 2018-2023
13. Global Precision Farming Hardware Market Size ($ Million) By Type, 2018-2023
14. Global Precision Farming Hardware Market Size ($ Million) By Technology, 2018-2023
15. Global Precision Farming Hardware Market Size ($ Million) By Application, 2018-2023
16. Global Precision Farming Hardware Market Size ($ Million) By Geography, 2018-2023
17. Global Precision Farming Software Market Size ($ Million) By Technology, 2018-2023
18. Global Precision Farming Software Market Size($ Million) By Application, 2018-2023
19. Global Precision Farming Software Market Size ($ Million) By Geography, 2018-2023
20. Global Precision Farming Service Market Size ($ Million) By Technology, 2018-2023
21. Global Precision Farming Service Market Size($ Million) By Application, 2018-2023
22. Global Precision Farming Service Market Size ($ Million) By Geography, 2018-2023
23. Global Precision Farming Technology Market Size ($ Million), 2018-2023
24. Global Precision Farming Telematics Technology Market Sizing ($ Million) By Component, 2018-2023
25. Global Precision Farming Telematics Technology Market Size ($ Million) By Geography, 2018-2023
26. Global Precision Farming Variable Rate Technology Market Size($ Million) By Component, 2018-2023
27. Global Precision Farming Variable Rate Technology Market Size ($ Million) By Geography, 2018-2023
28. Global Precision Farming Remote Sensing Technology Market Size ($ Million) By Component, 2018-2023
29. Global Precision Farming Remote Sensing Technology Market Size ($ Million) By Geography, 2018-2023
30. Global Precision Farming Others Technology Market Size ($ Million) By Component, 2018-2023
31. Global Precision Farming Others Technology Market Size ($ Million) By Geography, 2018-2023
32. Global Precision Farming Application Market Size ($ Million), 2018-2023
33. Global Precision Farming Yield Monitoring Application Market Size ($ Million) By Component, 2018-2023
34. Global Precision Farming Yield Monitoring Application Market Size ($ Million) By Geography, 2018-2023
35. Global Precision Farming Variable Rate Application Market Size ($ Million) By Component, 2018-2023
36. Global Precision Farming Variable Rate Application Market Sizing ($ Million) By Geography, 2018-2023
37. Global Precision Farming Crop Scouting Application Market Sizing ($ Million) By Component, 2018-2023
38. Global Precision Farming Crop Scouting Application Market Sizing ($ Million) By Geography, 2018-2023
39. Global Precision Farming Other Application Market Sizing By Component, 2018-2023
40. Global Precision Farming Other Application Market Sizing By Geography, 2018-2023
41. Global Precision Farming Market Size ($ Million) By Geography, 2018-2023
42. North America Precision Farming Market Size ($ Million) By Key Countries,2018-2023
43. North America Precision Farming Market Size ($ Million) By Component,2018-2023
44. North America Precision Farming Market Size ($ Million) By Technology,2018-2023
45. North America Precision Farming Market Size ($ Million) By Application,2018-2023
46. Agri-Tech Funded Projects
47. Europe Precision Farming Market Size ($ Million) By Key Countries,2018-2023
48. Europe Precision Farming Market Size ($ Million) By Component,2018-2023
49. Europe Precision Farming Market Size ($ Million) By Technology,2018-2023
50. Europe Precision Farming Market Size ($ Million) By Application,2018-2023
51. Japan Research Institutes And Research Field
52. Asia-Pacific Precision Farming Market Size ($ Million) By Key Countries,2018-2023
53. Asia-Pacific Precision Farming Market Size ($ Million) By Component,2018-2023
54. Asia-Pacific Precision Farming Market Size ($ Million) By Technology,2018-2023
55. Asia-Pacific Precision Farming Market Size ($ Million) By Application,2018-2023
56. Start-up firms in Israel
57. Rest of the World Precision Farming Market Size ($ Million) By Key Countries,2018-2023
58. Rest of the World Precision Farming Market Size ($ Million) By Component,2018-2023
59. Rest of the World Precision Farming Market Size ($ Million) By Technology,2018-2023
60. Rest of the World Precision Farming Market Size ($ Million) By Application,2018-2023

LIST OF FIGURES

1. Global Precision Farming Market- Research Scope By EMR
2. Global Precision Farming Market-Research Objective
3. Top Down-Bottom Up Approach For Estimation Of Market Size
4. Data Triangulation With Primary And Secondary Data Sources
5. A Snapshot Of Precision Farming Component Market Statistics
6. A Snapshot Of Precision Farming Technology Market Statistics
7. A Snapshot Of Precision Farming Application Market Statistics
8. A Snapshot Of Precision Farming Regional Market Sizing And Analysis
9. Precision Farming Ecosystem
10. Precision Farming-Value Chain Analysis
11. Top Precision Farming Market Trends
12. Share of Precision Farming Investment In Global Agtech Investment
13. Precision Farming Market Drivers- Impact Analysis
14. Cost Reduction Benefit Of Precision Farming
15. Average Cost Savings In The U.S Corn Farm
16. Precision Farming Market Challenges- Impact Analysis
17. Key Projects That Serves Interoperability And Connectivity Issue
18. Precision Farming Market- Opportunity Matrix
19. Precision Farming Industry Attractiveness- Porter’s Five Forces Analysis
20. Key findings- GNSS/GPS Under Precision Farming
21. Precision Farming GNSS/GPS Recent Developments
22. Robots For Various Agriculture Applications
23. Precision Farming Robots-Key Projects
24. Types of Sensors
25. European Union Funded Projects For Software Development
26. Variable Rate Application Method
27. Core Precision Yield Mapping Tools
28. Required Components For Variable Rate Application
29. Key Crop Scouting Technology
30. Recent Weather Forecasting Stations
31. Developments And Projects In The U.S in Context to Precision Farming
32. Statistics of Precision Agriculture Technologies in the U.S.
33. Scope of Precision Farming In Mexico
34. Precision Farming Ecosystem In the U.K
35. Contribution Of Government And Research Universities To Precision Farming
36. Contribution Of Precision Farming In Productivity Of Crop
37. Addressing Precision Farming In Indian Content
38. Challenges To Japanese Agriculture Economy
39. Initial Developments Pertaining To Precision Farming In Brazil
40. AGCO Corporation Overall Financials, 2014-2016
41. AgJunction, Inc. Overall Financials, 2014-2016
42. AgJunction, Inc. Geography Revenue Mix, 2014-2016
43. AgJunction, Inc. Geography Revenue Percentage Split , 2016
44. AgJunction, Inc. Geography Revenue Percentage Split , 2015
45. CNH Industrial Overall Financials, 2014-2016
46. CNH Industrial Business Revenue Mix, 2014-2016
47. CNH Industrial Geography Revenue Mix, 2014-2016
48. CNH Industrial Agriculture Equipment Division Revenue Mix, 2014-2016
49. CNH Industrial Agriculture Equipment Division Geography Revenue Mix, 2014-2016
50. Deere & Company Overall Financials, 2014-2016
51. Deere & Company Business Revenue Mix, 2014-2016
52. Monsanto Company Overall Financials, 2014-2016
53. Monsanto Company Business Revenue Mix, 2014-2016
54. Raven Industries Overall Financials, 2015-2017
55. Raven Industries Business Revenue Mix, 2015-2017
56. Trimble Inc. Overall Financials, 2014-2016
57. Trimble Inc. Business Revenue Mix, 2014-2016
58. Trimble Inc. Geography Revenue Percentage Split, 2014
59. Trimble Inc. Geography Revenue Percentage Split, 2015
60. Trimble Inc. Geography Revenue Percentage Split, 2016
61. Topcon Positioning System Inc. Overall financials, 2015-2017
62. Topcon Positioning System Inc. Business Revenue Mix, 2015-2017

Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage:

Description

Precision Farming Market Overview

Agriculture sector is by default the most crucial component of every economy. However, for most of the geographies, there exists a noticeable deficit of in innovation and adoption of new technology.On-going food crisis owing to increasing population, declining arable land and natural resources such as water has daunted agriculture sector to incline heavily towards technology adoption. In the past few decades, the concept of Smart Agriculture has gained significant momentum, Vertical Farming and Precision Farming being its key propellers. Information & Communication Technology, sensors, Internet of Things and Artificial Intelligence which are core part of other industries such as automotive, are now enabling data driven agriculture system.Precision Farming is a compliment to conventional farming system and has showcased potential to aid farmers in meeting global food demand.However, in contrast to the rosier picture, Precision Farming is associated with pain points of high investment cost and complex technicality. Farmers planning to invest in new technology have to face to trade-offbetween high upfront cost and high productivity. Farmers with low education qualification and technical knowledge find it challenging to operate systems and interpret results.

The global Precision Farming market is poised to grow at a CAGR of 13.53% between 2018 and 2023. The subsequent figure represents a market snapshot of the Precision Farming market.

FIGURE: Precision Farming Market Snapshot

Source: EMR Analysis

Among the three core components of Precision Farming, hardware maintains its dominance in overall market revenue. Reasons owing to high growth rate are spurred demand, high value machinery and contribution in major application in Precision Farming. GNSS/GPS witness the highest demand in all geographies particularly North America and Europe. There is growing demand for robots, drone/UAV and auto-steering system in the market especially in the well-advanced countries as they make precision farming easy and precise. Software systems and services are currently new in the market and they are still at incipient stage. However, they are anticipated to grow at higher rate than hardware component reason owing to their contribution in aiding farmers in enhancing productivity and demand of software equipped technology in the future.

Irrespective of the deterrents, Precision Farming has been able to witness double digit growth rate in the span of 4 years, i.e. 2013-2017. Better productivity, sustainability, and innovations are the key drivers of the market growth. Moreover, government authorities and public organization are keen on supporting Smart Agriculture including Precision Farming. Several research projects have been funded under government initiatives that aim to develop and promote the technology further. Geographies such as North America and Europe spearheads in generating market revenue and technology innovation. Asia-Pacific is expected to grow at the highest CAGR through the forecast period, owing to increasing population and decreasing arable land. Also, adoption of conventional farming alternatives are witnessing a rapid escalation in this region and it can be predicted that Precision Farming will soon become a necessity rather than choice for most of the countries in the Asian sub-continent.

The key players in the Precision Farming market are AGCO Corporation, Trimble Navigation, AG Juction, Blue River Technology, CNH Industrial, Precision Planting, and Precision Hawk among others.Innovations and research are building the market and slowly eliminating paining factors of the technique.

About the Report

Amidst the incessant growth of the market, it is important to present a market scenario which is unbiased and neutral. Currently, revenue from the market is pouring in from manufacturers, distributors, software providers and service providers. While manufacturer of hardware components are becoming major beneficiaries of this market, software and services providers are increasing their market share in the Precision Farming ecosystem. The Precision Farming Market-Global Analysis and Forecast, 2018-2023 highlights market sizing of key Precision Farming market component, technology, application and geography. This report is a meticulous compilation of the qualitative and quantitative analysis of Precision Farming market weighing in the push and pull forces along with the impact of megatrends.

The report is aligned to Precision Farming Component players predominately, but is also targeted to help investors and VC firms to take well informed strategic decisions. The market segmentation of the report has been carefully finalized to provide a holistic overview of estimates and forecast data.The market sizing is precisely based on an exhaustive set of macro and micro factors and has been validated and viewed by experts’ panel.

An exhaustive Industry Overview section has been included in the introductory part of the report for helping the readers gain a deeper and more granular insight into the Precision Farming market. The segment also provides an Industry Roadmap for the market players, targeted to assist them with their strategic planning. Furthermore, the Competitive Insights segment includesStrategic Benchmarking which collates the key developments from prominent market players since 2015 to understand the preferred/prevalent strategy in the market.

The objective of this report is to help stakeholders understand the following:

  • How is Revenue generated in the Precision Farming market?
  • Approach towards market estimation.
  • What factors are weighed in quantitatively for market forecast?
  • What are the investment possibilities in the industry?
  • Which players are the most active in the Industry?
  • Industry road map for start-up/growth stage/established firm.
  • What are restraining factors to the growth of the Precision Farming market?
  • What is the current market size of Precision Farming market and how will it evolve in the next five years?
  • Growth trends for Software and Services
  • Which technology will be adopted predominantly through the forecast period?
  • Revenue generation in North America, Europe, APAC and Rest of the World.

First time Buyers:

  • Avail 10% discount on the report
  • Include your customized requirements through free 40 Analyst hours.

 

Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage:

Customize This Report

For immediate assistance call us / mail us at sales@espertomarketresearch.com

Please fill the form below with your requirements for Customizing this Report.

Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage:

Sample Download

Please fill the form below to Download the sample.

Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage:

 

Regional Report

Country Report

As per your requirement, choose from the following Two Options.

Precision Farming Market -Global Analysis and Forecast, 2018-2023 Highlighting Market Size, Share by Components (Hardware , Software, and Services), by Technology (Telematics, VRT, Remote Sensing, Yield Monitoring), by Application (Yield Monitoring, Field Mapping, Soil Monitoring, VRA, Crop Scouting, Irrigation Management, Others), by High Growth and Emerging Markets (North America, Europe, Asia Pacific, Middle East, South America, and Africa)

$3,950$13,699

    • 3950 $
Report Code: AFGR02 Industry Verticals: ,
Coverage: