Precision Farming Market Size, Share, Opportunities, And Trends By Solution (Hardware, Software, Service), By Technology (Guidance System, Variable Rate Technology, Remote Sensing), By Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management), And By Geography - Forecasts From 2025 To 2030

Description

Precision Farming Market Size:

The Precision Farming Market is expected to grow from USD 9.853 billion in 2025 to USD 20.323 billion in 2030, at a CAGR of 15.58%.

A modern farm management system identifies analyses and manages variability in fields by conducting crop production practices at the right place and time and in the right way, for optimum profitability, sustainability, and protection of the land resource.

Precision Farming Market Drivers:

By application, weather tracking and forecasting, and irrigation management hold significant market share due to the importance of climate information and irrigation facilities to maximize productivity. Geographically, North America has the highest share in the market because of advanced farming technologies and the commercial viability of agriculture in the region.

Precision Farming Market Growth Factors:

• Productivity and resource trade-off

The world population stands at 7.8 billion in 2021 with a growth rate of 1.1% according to the United Nations Population Fund and this number is expected to rise in the coming years but the land resources remain constant. The opportunity cost of increasing agricultural productivity is very high given the scarce resources. The use of modern farming techniques will aid to reach an optimal level of output coupled with mechanization, and substantial savings. The mounting demand for food globally propels the usage of precision farming techniques.

Precision Farming Market Segments:

• By Solution
  • Hardware
  • Software
  • Service
• By Technology
  • Guidance System
  • Variable Rate Technology
  • Remote Sensing
• By Application
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. PRECISION FARMING MARKET BY SOLUTION

5.1. Introduction

5.2. Hardware

5.3. Software

5.4. Service

6. PRECISION FARMING MARKET BY TECHNOLOGY

6.1. Introduction

6.2. Guidance System

6.3. Variable Rate Technology

6.4. Remote Sensing

7. PRECISION FARMING MARKET BY APPLICATION

7.1. Introduction

7.2. Yield Monitoring

7.3. Field Mapping

7.4. Crop Scouting

7.5. Weather tracking & Forecasting

7.6. Irrigation Management

7.7. Inventory Management

7.8. Farm Labor Management

8. PRECISION FARMING MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Topcon Positioning Systems Inc

10.2. Deere & Company

10.3. TeeJet Technologies

10.4. Trimble Inc.

10.5. AGCO Corporation

10.6. Raven Industries, Inc.

10.7. AgJunction

10.8. Ag Leader Technology 

10.9. Proagrica

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

Topcon Positioning Systems Inc

Deere & Company

TeeJet Technologies

Trimble Inc.

AGCO Corporation

Raven Industries, Inc.

AgJunction

Ag Leader Technology 

Proagrica

Related Reports