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
- Published : Jun 2025
- Report Code : KSI061610408
- Pages : 140
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.
Segmentation:
- 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
- Canadá
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- Indonesia
- Taiwan
- Thailand
- South Korea
- Others
- North America
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. PRECISION FARMING MARKET BY SOLUTION
5.1. Hardware
5.2. Software
5.3. Service
6. PRECISION FARMING MARKET BY TECHNOLOGY
6.1. Guidance System
6.2. Variable Rate Technology
6.3. Remote Sensing
7. PRECISION FARMING MARKET BY APPLICATION
7.1. Yield Monitoring
7.2. Field Monitoring
7.3. Crop Scouting
7.4. Weather Tracking & Forecasting
7.5. Irrigation Management
7.6. Inventory Management
7.7. Farm Labor Management
8. PRECISION FARMING MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Thailand
8.5.6. Taiwan
8.5.7. Indonesia
8.5.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Topcon Positioning Group
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
Topcon Positioning Systems Inc
Deere & Company
TeeJet Technologies
Trimble Inc.
AGCO Corporation
Raven Industries, Inc.
AgJunction
Ag Leader Technology
Proagrica
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