GVR Report cover Precision Farming Market Size, Share & Trends Report

Precision Farming Market Size, Share & Trends Analysis Report By Offering (Hardware, Software, Service), By Application (Yield Monitoring, Field Mapping, Crop Scouting, Irrigation Management), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-376-8
  • Number of Report Pages: 150
  • Format: PDF
  • Historical Range: 2017 - 2023
  • Forecast Period: 2024 - 2030 
  • Industry: Technology

Precision Farming Market Size & Trends

The global precision farming market size was valued at USD 10.50 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. The growth of precision farming is attributed to the burgeoning proliferation of the Internet of Things (IoT) along with the use of advanced analytics by farmers. Advanced analytics is a part of data science that uses numerous tools and methods to forecast data and ensure that the crop and soil receive adequate nurturing. This helps farmers to plan their actions accordingly.

North America Precision Farming Market size and growth rate, 2024 - 2030

For a deep understanding of different farming aspects such as irrigation and plowing, numerous technologies such as IoT, GPS, and remote sensing application control are used. IoT helps farmers address various challenges involved in the proper monitoring of crops. It provides real-time data about environment temperature and water content in the soil through sensors placed on the farm, which assists farmers in making improved decisions about harvesting times, crop market rate, and soil management. This is one of the key factors contributing to the growth of the market for precision farming.

Other factors that facilitate the adoption of sustainable farming technologies include better education and training for farmers, easily accessible information, availability of financial resources, and high demand for organic food. The depletion of natural resources and deterioration of the environment are some of the factors responsible for limiting crop production. Growing environmental concerns are encouraging farmers to shift their focus toward sustainable agriculture practices, such as the preservation of natural resources. This has driven the need for improving crop nutrition and protection, in turn bolstering the market growth.

Technological innovations, such as vertical farming with smart designs to maximize yields and reduce waste, have unfolded numerous growth opportunities. Moreover, increasing investments in technologies such as driverless tractors, guidance systems, and GPS sensing systems are also expected to contribute to the growth of the precision farming market size during the period of study. For instance, numerous sensors such as soil sensors, climate sensors, and water sensors are placed around the fields to help farmers monitor their crops and gain real-time information. Additionally, these sensors also help farmers obtain a high yield with less crop wastage. These sensors are also highly adopted in different applications such as agriculture, pharmaceutical and healthcare, automotive, and sports.

The outbreak of COVID-19 has adversely affected the global market for precision farming with several manufacturing units across China, India, European countries, Japan, and the U.S. temporarily shutting down. This has consequently led to a significant slowdown in the production of precision farming equipment. Lockdowns imposed by the governments in the wake of the coronavirus pandemic affected manufacturing and pegged back the consumer demand for such high capital equipment.

However, the use of farm management software tools and remote sensing could lead to higher adoption post-COVID-19 period. Companies have already begun focusing more on wireless platforms to enable real-time decision-making for crop health monitoring, yield monitoring, irrigation scheduling, field mapping, and harvesting management.

The North America precision farming market emerged as a profitable revenue belt in 2023, owing to the higher adoption of the technologies and devices such as the guidance system, and Variable Rate Technology (VRT) for growing crops. On the other side, smart solutions involve high investments, which act as a drawback for farmers, especially in developing countries such as China, India, and Brazil. The investment in the precision farming market is high, however, in the later run, it offers a notable return on investment as it reduces the overall production cost and increases efficiency.

The COVID-19 pandemic has brought widespread disruption to the global supply chain, resulting in food shortages and inflation. Necessary measures are required to strengthen the food supply chain and prepare for any future crisis. The ongoing pandemic has highlighted the significance of being able to carry out agricultural operations remotely. The ability of smart agricultural practices to help farmers recoup losses in a relatively shorter lead time is expected to drive future market growth.

Market Concentration & Characteristics

The precision farming market growth stage is moderate. The precision farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as Wi-Fi technology, Zigbee technology, and RF technology and equipment that are integrated with sensors and cameras. The evolving precision farming technological landscape highlights that the market players continue to leverage cutting-edge solutions to address challenges and meet the evolving demands of the farmers.

Precision Farming Market Concentration & Characteristics

The target market is also characterized by a high level of partnerships and collaborations by the leading players. This is due to several factors, including the need to enhance their offerings and increase geographical reach.

The target market is also subject to increasing regulatory scrutiny. The precision farming market faces increasing regulatory scrutiny as governments worldwide focus on enhancing transparency, protecting intellectual property, and safeguarding the data and environment. Stricter law implementation measures and evolving legal frameworks are shaping the regulatory landscape, necessitating adaptability and compliance from companies operating in the dynamic agriculture sector.

While there is a restricted availability of direct substitutes for precision farming, alternative methods such as conventional farming can impact the precision farming market. Some farmers may choose to continue with conventional farming methods without integrating extensive technologies. Also, this approach may involve fewer technological investments, which is expected to limit the ability to optimize resource use and maximize efficiency.

Offering Insights

The hardware segment accounted for the largest revenue share of 66.89% in 2023 and is expected to dominate the market during the forecast period. The hardware segment has been further segmented into automation and control systems, sensing devices, antennas, and access points. Hardware components such as automation and control systems, sensing devices, and drones play a major role in helping farmers. For instance, the GIS guidance system is very beneficial for growers as it is capable of visualizing agricultural workflows and the environment. Furthermore, VRT technology helps farmers determine areas that need more pesticides and seeds thereby distributing them equally across the field.

The software segment is fragmented based on web-based and cloud-based precision farming. Cloud computing focuses on shared networks, servers, and storage devices, owing to which the high costs incurred in maintaining hardware and software infrastructure are eliminated. As a result, the software segment is anticipated to register a CAGR of over 15.5% during the forecast period. Predictive analytics software is used to guide farmers about crop rotation, soil management, optimal planting times, and harvesting times.

Application Insights

The yield monitoring segment accounted for the largest revenue share of 43.25% in 2023 and is expected to continue its dominance over the forecast period as it helps the farmers to make decisions about their fields. The segment is further segregated into on-farm yield monitoring and off-farm yield monitoring. On-farm yield monitoring allows farmers to obtain real-time information during harvest and create a historical spatial database. This segment is expected to account for the largest share of the market for precision farming as it offers equitable landlord negotiations, documentation of environmental compliance, and track records for food safety.

Global Precision Farming Market share and size, 2023

The irrigation management segment is expected to witness considerable growth over the projected period. Smart irrigation involves the use of various technologies, such as rain sensors, weather-based controllers, sensor-based controllers, and water meters, to help estimate the right amount of irrigation water. Such benefits are likely to drive the adoption of irrigation drones. The weather tracking and forecasting segment is anticipated to expand at a CAGR of 17.4% during the forecast period. The use of sensors helps weather forecasters to provide accurate weather reading and forecasting. In addition, the introduction of machine learning techniques and advanced data analytics services have increased the reliability and accuracy of weather forecasts thus propelling the growth of the market.

Regional Insights

North America accounted for the largest revenue share of 44.07% in 2023. The region is an early adopter of technologies. Factors such as increasing government initiatives that support the adoption of modern agriculture technologies and developed infrastructure have contributed to the high revenue of the regional market. Furthermore, in May 2022, Government of Canada announced an investment of USD 4,41,917.5 in order to develop an integrated system for precision fruit tree farming. The investment also aimed to achieve sustainable solutions to tackle the uprising challenges in Canada’s apple industry.

Precision Farming Market Trends by Region, 2024 - 2030

Asia Pacific is expected to witness significant growth over the forecasted period. The region is expected to witness a CAGR of over 15.3% from 2024 to 2030. Numerous government initiatives are being undertaken in developing countries such as India, Sri Lanka, and Nigeria to encourage the implementation of modern precision farming technologies, thereby maximizing productivity. China and Israel signed a trade agreement in September 2017 worth USD 300 million to facilitate the export of environment-friendly Israeli technology to China. Moreover, an effective administrative framework is also enabling farmers to gain adequate knowledge of the proper use and maintenance of precision farming equipment.

U.S. Precision Farming Market

The precision farming market in the U.S. is expected to flourish in coming years due to favorable government initiatives. For instance, the National Institute of Food and Agriculture (NIFA)-part of the U.S. Department of Agriculture-conducts geospatial, sensor, and precision technology programs to create awareness among farmers. In partnership with Land-Grand universities, NIFA helps farmers develop robust sensors, associated software, and instrumentation for modeling, observing, and analyzing a wide range of complex biological materials and processes.

U.K. Precision Farming Market

The precision farming market in the U.K. is expected to account for a significant revenue share in the Europe precision farming market. Precision farming in the UK is gaining traction as technology continues to advance and farmers seek more efficient and sustainable agricultural practices. This approach involves the use of various technologies such as GPS, sensors, drones, and data analytics to optimize crop yields, minimize input usage, and reduce environmental impact. 

Germany Precision Farming Market

The precision farming market in Germany is expected to account for a significant revenue share in the Europe precision farming market. Farmers in Germany are increasingly adopting precision farming techniques to enhance productivity, reduce costs, and mitigate risks associated with unpredictable weather patterns and soil variability.

France Precision Farming Market

The precision farming market in France is expected to account for a significant revenue share in the Europe precision farming market. Government support and incentives, such as grants for adopting precision farming technologies and subsidies for sustainable farming practices, further encourage uptake among France farmers.

China Precision Farming Market

The precision farming market in China is expected to account for a significant revenue share in the Asia Pacific precision farming market. The precision farming market in China is experiencing significant growth driven by the increasing adoption of advanced agricultural technologies and growing emphasis on sustainable farming practices.

India Precision Farming Market

The precision farming market in India is expected to account for a significant revenue share in the Asia Pacific precision farming market. With a large agricultural sector and rising demand for food security, Indian farmers are turning to precision farming techniques to improve crop yields, optimize resource utilization, and reduce environmental impact.

Japan Precision Farming Market

The precision farming market in India is expected to account for a significant revenue share in the Asia Pacific precision farming market. The integration of artificial intelligence (AI), drones, and big data analytics further enhances the efficiency and effectiveness of precision farming practices in Japan. 

Saudi Arabia (KSA) Precision Farming Market

The precision farming market in Saudi Arabia (KSA) is expected to account for a significant revenue share in the Middle East & Africa precision farming market. Increasing investment from technology companies, agricultural cooperatives, and research institutions is fueling the development and adoption of cutting-edge precision farming solutions across Saudi Arabia.

Key Precision Farming Market Company Insights

Some of the key players operating in the market include Ag Leader Technology; AgJunction, Inc.; CropMetrics LLC; Trimble, Inc.; AGCO Corporation; Raven Industries Inc.; Deere and Company; Topcon Corporation; AgEagle Aerial Systems Inc. (Agribotix LLC); DICKEY-john Corporation; Farmers Edge Inc.; Grownetics, Inc.; Proagrica (SST Development Group, Inc.); The Climate Corporation among others.

  • Deere & Company is engaged in the manufacturing & construction of agricultural and forestry machinery; drivetrains and diesel engines for heavy equipment; and lawn care machinery. Additionally, the company also manufactures and provides other heavy manufacturing equipment. The company serves diverse industries such as agriculture, forestry, construction, landscaping & grounds care, engines & drivetrain, government and military, and sports turf.

  • AGCO Corporation is a U.S.-based agriculture equipment manufacturer. The company develops and sells products and solutions such as tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

  • Prospera Technologies and Agrible, Inc. are some of the emerging market participants in the target market.

  •  Porspera Technologies is a global service provider of agriculture technology for managing and optimizing irrigation and crop health. The company provides AI-based sensors and cameras that aid farmers in crop monitoring.

  • Agrible is a U.S.- based agriculture solution provider. The company helps customers in more than 30 countries optimize water use, crop protection, fertilization, fieldwork, research trials, food supply chains, and sustainability initiatives

Key Precision Farming Companies:

The following are the leading companies in the precision farming market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these precision farming companies are analyzed to map the supply network.

  • Ag Leader Technology
  • AgJunction, Inc.
  • CropMetrics LLC
  • Trimble, Inc.,
  • AGCO Corporation
  • Raven Industries Inc.
  • Deere and Company
  • Topcon Corporation
  • AgEagle Aerial Systems Inc. (Agribotix LLC)
  • DICKEY-john Corporation
  • Farmers Edge Inc.
  • Grownetics, Inc.
  • Proagrica (SST Development Group, Inc.)
  • The Climate Corporation

Recent Developments

  • In July 2023, Deere & Company, a global agriculture and construction equipment manufacturer announced the acquisition of Smart Apply Inc. an agriculture technology solution provider. Deere & Company is focused on using Smart Apply’s precision spraying solution to assist growers in addressing the challenges related to regulatory requirements, input costs, labor, etc. The acquisition is expected to help the company attract new customers.

  • In April 2023 AGCO Corporation, a global agriculture equipment provider, and Hexagon, an industrial technology solution provider declared their strategic collaboration. The collaboration is focused on the expansion of AGCO’s factory-fit and aftermarket guidance offerings.

  • In May 2023, AgEagle Aerial Systems Inc., a global agriculture technology solution provider announced its establishment of a new supply agreement with Wingtra AG. The 2-year supply agreement is expected to securely supply RedEdge-P sensor kits for incorporation with WingtraOne VTOL drones.

  • In May 2021, AGCO announced a targeted spraying solutions strategic collaboration with Raven Industries Inc., BASF Digital, and Robert Bosch GmbH. The objective of this deal was to assess the targeted spraying technology for enhancing crop protection product applications by limiting crop input costs and addressing environmental sustainability.

Precision Farming Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 10.50 billion

Revenue forecast in 2030

USD 24.09 billion

Growth Rate

CAGR of 12.8% from 2024 to 2030

Actual Data

2017 - 2023

Forecast period

2024 - 2030

Quantitative units

Revenue in USD Billion and CAGR from 2023 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Offerings, Application and Region

Regional scope

North America, Europe, Asia Pacific, South America, MEA

Country scope

U.S.; Canada; Mexico; U.K.; Germany; France; Russia; Italy; China; India; Japan; Australia; Singapore; Brazil.

Key companies profiled

Ag Leader Technology; AgJunction, Inc.; CropMetrics LLC; Trimble, Inc.; AGCO Corporation; Raven Industries Inc.; Deere and Company; Topcon Corporation; AgEagle Aerial Systems Inc. (Agribotix LLC); DICKEY-john Corporation; Farmers Edge Inc.; Grownetics, Inc.; Proagrica (SST Development Group, Inc.); The Climate Corporation.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Precision Farming Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global precision farming market report based on offering, application, and region.

Global Precision Farming Market Report Segmentation

  • Offering Outlook (Revenue, USD Million; 2017 - 2030)

    • Hardware

      • Automation & Control Systems

        • Drones

        • Application Control Devices

        • Guidance System

          • GPS

          • GIS

        • Remote Sensing

          • Handheld

          • Satellite Sensing

        • Driverless Tractors

        • Mobile Devices

        • VRT

          • Map-based

          • Sensor-based

        • Wireless Modules

          • Bluetooth Technology

          • Wi-Fi Technology

          • Zigbee Technology

          • RF Technology

      • Sensing Devices

        • Soil Sensor

          • Nutrient Sensor

          • Moisture Sensor

          • Temperature Sensor

        • Water Sensors

        • Climate Sensors

        • Others

      • Antennas & Access Points

    • Software

      • Web-based

      • Cloud-based

    • Services

      • System Integration & Consulting

      • Maintenance & Support

      • Managed Types

        • Data Types

        • Analytics Types

        • Farm Operation Types

      • Assisted Professional Types

        • Supply Chain Management Types

        • Climate Information Types

  • Application Outlook (Revenue, USD Million; 2017 - 2030)

    • Yield Monitoring

      • On-Farm

      • Off-Farm

    • Field Mapping

    • Crop Scouting

    • Weather Tracking & Forecasting

    • Irrigation Management

    • Inventory Management

    • Farm Labor Management

  • Regional Outlook (Revenue, USD Billion, 2017 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • Germany

      • France

      • Russia

      • Italy

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia

      • Singapore

    • South America

      • Brazil

    • Middle East and Africa (MEA)

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Precision Farming Market: Methodology and Scope
                      1.1. Market Segmentation and Scope
                      1.2. Market Definitions
                      1.3. Research Methodology
                          1.3.1. Information Procurement
                          1.3.2. Information or Data Analysis
                          1.3.3. Market Formulation & Data Visualization
                          1.3.4. Data Validation & Publishing
                      1.4. Research Scope and Assumptions
                          1.4.1. List of Data Sources
Chapter 2. Precision Farming Market: Executive Summary
                      2.1. Market Outlook
                      2.2. Segment Outlook
                      2.3. Competitive Insights
Chapter 3. Precision Farming Market: Variables, Trends, & Scope
                      3.1. Market Introduction/Lineage Outlook
                      3.2. Industry Value Chain Analysis
                      3.3. Market Dynamics
                          3.3.1. Market Drivers Analysis
                          3.3.2. Market Restraints Analysis
                          3.3.3. Industry Opportunities
                          3.3.4. Industry Challenges
                      3.4. Precision Farming Market Analysis Tools
                          3.4.1. Porter’s Analysis
                              3.4.1.1. Bargaining power of the suppliers
                              3.4.1.2. Bargaining power of the buyers
                              3.4.1.3. Threats of substitution
                              3.4.1.4. Threats from new entrants
                              3.4.1.5. Competitive rivalry
                          3.4.2. PESTEL Analysis
                              3.4.2.1. Political landscape
                              3.4.2.2. Economic and Social landscape
                              3.4.2.3. Technological landscape
                              3.4.2.4. Environmental landscape
                              3.4.2.5. Legal landscape
                      3.5. Technology Adoption Analysis - Agriculture Sector
                          3.5.1. Drone
                          3.5.2. AI
                          3.5.3. Others
                      3.6. Cost Analysis- Precision Farming
                      3.7. Precision Farming- Use Case Analysis
Chapter 4. Precision Farming Market: Offering Estimates & Trend Analysis
                      4.1. Segment Dashboard
                      4.2. Precision Farming Market: Offering Movement Analysis, USD Billion, 2023 & 2030
                      4.3. Hardware
                          4.3.1. Hardware Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.3.1.1. Automation & control systems
                              4.3.1.2. Automation & Control Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.1. Drones
                                  4.3.1.2.2. Drones Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.3. Application control devices
                                  4.3.1.2.4. Application control devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.5. Guidance system
                                  4.3.1.2.6. Guidance system Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.6.1. GPS
                                      4.3.1.2.6.2. GPS Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.6.3. GIS
                                      4.3.1.2.6.4. GIS Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.7. Remote sensing
                                  4.3.1.2.8. Remote sensing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.8.1. Handheld
                                      4.3.1.2.8.2. Handheld Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.8.3. Satellite sensing
                                      4.3.1.2.8.4. Satellite sensing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.9. Driverless tractors
                                  4.3.1.2.10. Driverless tractors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.11. Mobile devices
                                  4.3.1.2.12. Mobile devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.13. VRT
                                  4.3.1.2.14. VRT Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.14.1. Map-based
                                      4.3.1.2.14.2. Map-based Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.14.3. Sensor-based
                                      4.3.1.2.14.4. Sensor-based Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.2.15. Wireless modules
                                  4.3.1.2.16. Wireless modules Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.16.1. Bluetooth technology
                                      4.3.1.2.16.2. Bluetooth technology Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.16.3. Wi-Fi technology
                                      4.3.1.2.16.4. Wi-Fi technology Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.16.5. Zigbee technology
                                      4.3.1.2.16.6. Zigbee technology Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.2.16.7. RF technology
                                      4.3.1.2.16.8. RF technology Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.3.1.3. Sensing devices
                              4.3.1.4. Sensing devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.4.1. Soil sensor
                                  4.3.1.4.2. Soil sensor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.4.2.1. Soil sensor
                                      4.3.1.4.2.2. Soil sensor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.4.2.3. Nutrient sensor
                                      4.3.1.4.2.4. Nutrient sensor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.4.2.5. Moisture sensor
                                      4.3.1.4.2.6. Moisture sensor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                      4.3.1.4.2.7. Temperature sensor
                                      4.3.1.4.2.8. Temperature sensor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.4.3. Water sensors
                                  4.3.1.4.4. Water sensors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.4.5. Climate sensors
                                  4.3.1.4.6. Climate sensors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.3.1.4.7. Others
                                  4.3.1.4.8. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.3.1.5. Antennas & access points
                              4.3.1.6. Antennas & access points Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                      4.4. Software
                          4.4.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.4.1.1. Web-based
                              4.4.1.2. Web-based Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.4.1.3. Cloud-based
                              4.4.1.4. Cloud-based Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                      4.5. Service
                          4.5.1. Service Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.5.1.1. System integration & consulting
                              4.5.1.2. System integration & consulting Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.5.1.3. Maintenance & support
                              4.5.1.4. Maintenance & support Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.5.1.5. Managed types
                              4.5.1.6. Managed types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.5.1.6.1. Data types
                                  4.5.1.6.2. Data types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.5.1.6.3. Analytics types
                                  4.5.1.6.4. Analytics types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.5.1.6.5. Farm operation types
                                  4.5.1.6.6. Farm operation types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              4.5.1.7. Assisted professional types
                              4.5.1.8. Assisted professional types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.5.1.8.1. Supply chain management types
                                  4.5.1.8.2. Supply chain management types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  4.5.1.8.3. Climate information types
                                  4.5.1.8.4. Climate information types Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 5. Precision Farming Market: Application Estimates & Trend Analysis
                      5.1. Segment Dashboard
                      5.2. Precision Farming Market: Application Movement Analysis, USD Billion, 2023 & 2030
                      5.3. Precision farming application
                          5.3.1. Precision farming application Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.1. Yield monitoring
                              5.3.1.2. Yield monitoring Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  5.3.1.2.1. On-farm
                                  5.3.1.2.2. On-farm Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                  5.3.1.2.3. Off-farm
                                  5.3.1.2.4. Off-farm Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.3. Field mapping
                              5.3.1.4. Field mapping Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.5. Crop scouting
                              5.3.1.6. Crop scouting Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.7. Weather tracking & forecasting
                              5.3.1.8. Weather tracking & forecasting Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.9. Irrigation management
                              5.3.1.10. Irrigation management Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.11. Inventory management
                              5.3.1.12. Inventory management Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              5.3.1.13. Farm labor management
                              5.3.1.14. Farm labor management Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 6. Precision Farming Market: Regional Estimates & Trend Analysis
                      6.1. Precision Farming Market Share, By Region, 2023 & 2030, USD Billion
                      6.2. North America
                          6.2.1. North America Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                          6.2.2. North America Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                          6.2.3. North America Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.2.4. U.S.
                              6.2.4.1. U.S. Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.2.4.2. U.S. Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.2.4.3. U.S. Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.2.5. Canada
                              6.2.5.1. Canada Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.2.5.2. Canada Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.2.5.3. Canada Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.2.6. Mexico
                              6.2.6.1. Mexico Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.2.6.2. Mexico Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.2.6.3. Mexico Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                      6.3. Europe
                          6.3.1. Europe Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                          6.3.2. Europe Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                          6.3.3. Europe Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.3.4. U.K.
                                6.3.4.1. U.K. Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                                6.3.4.2. U.K. Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                                6.3.4.3. U.K. Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.3.5. Germany
                              6.3.5.1. Germany Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.3.5.2. Germany Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.3.5.3. Germany Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.3.6. France
                              6.3.6.1. France Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.3.6.2. France Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.3.6.3. France Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.3.7. Russia
                              6.3.7.1. Russia Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.3.7.2. Russia Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.3.7.3. Russia Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.3.8. Italy
                              6.3.8.1. Italy Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.3.8.2. Italy Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.3.8.3. Italy Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                      6.4. Asia Pacific
                          6.4.1. Asia Pacific Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                          6.4.2. Asia Pacific Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                          6.4.3. Asia Pacific Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.4.4. China
                              6.4.4.1. China Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.4.4.2. China Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.4.4.3. China Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.4.5. Japan
                              6.4.5.1. Japan Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.4.5.2. Japan Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.4.5.3. Japan Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.4.6. India
                              6.4.6.1. India Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.4.6.2. India Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.4.6.3. India Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.4.7. Australia
                              6.4.7.1. Australia Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.4.7.2. Australia Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.4.7.3. Australia Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.4.8. Singapore
                              6.4.8.1. Singapore Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.4.8.2. Singapore Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.4.8.3. Singapore Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                      6.5. South America
                          6.5.1. South America Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                          6.5.2. South America Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                          6.5.3. South America Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                          6.5.4. Brazil
                              6.5.4.1. Brazil Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                              6.5.4.2. Brazil Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                              6.5.4.3. Brazil Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
                      6.6. Middle East and Africa
                          6.6.1. Middle East and Africa Precision Farming Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
                          6.6.2. Middle East and Africa Precision Farming Market Estimates and Forecasts, by Offering, 2017 - 2030 (USD Billion)
                          6.6.3. Middle East and Africa Precision Farming Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
                      7.1. Recent Developments & Impact Analysis by Key Market Participants
                      7.2. Company Categorization
                      7.3. Company Market Positioning
                      7.4. Company Market Share Analysis
                      7.5. Strategy Mapping
                          7.5.1. Expansion
                          7.5.2. Mergers & Acquisition
                          7.5.3. Partnerships & Collaborations
                          7.5.4. New Offering Launches
                          7.5.5. Research And Development
                      7.6. Company Profiles
                          7.6.1. Ag Leader Technology
                              7.6.1.1. Participant’s Overview
                              7.6.1.2. Financial Performance
                              7.6.1.3. Offering Benchmarking
                              7.6.1.4. Recent Developments
                          7.6.2. AgJunction, Inc.
                              7.6.2.1. Participant’s Overview
                              7.6.2.2. Financial Performance
                              7.6.2.3. Offering Benchmarking
                              7.6.2.4. Recent Developments
                          7.6.3. CropMetrics LLC
                              7.6.3.1. Participant’s Overview
                              7.6.3.2. Financial Performance
                              7.6.3.3. Offering Benchmarking
                              7.6.3.4. Recent Developments
                          7.6.4. Trimble, Inc.,
                              7.6.4.1. Participant’s Overview
                              7.6.4.2. Financial Performance
                              7.6.4.3. Offering Benchmarking
                              7.6.4.4. Recent Developments
                          7.6.5. AGCO Corporation
                              7.6.5.1. Participant’s Overview
                              7.6.5.2. Financial Performance
                              7.6.5.3. Offering Benchmarking
                              7.6.5.4. Recent Developments
                          7.6.6. Raven Industries Inc.
                              7.6.6.1. Participant’s Overview
                              7.6.6.2. Financial Performance
                              7.6.6.3. Offering Benchmarking
                              7.6.6.4. Recent Developments
                          7.6.7. Deere and Company
                              7.6.7.1. Participant’s Overview
                              7.6.7.2. Financial Performance
                              7.6.7.3. Offering Benchmarking
                              7.6.7.4. Recent Developments
                          7.6.8. Topcon Corporation
                              7.6.8.1. Participant’s Overview
                              7.6.8.2. Financial Performance
                              7.6.8.3. Offering Benchmarking
                              7.6.8.4. Recent Developments
                          7.6.9. AgEagle Aerial Systems Inc. (Agribotix LLC)
                              7.6.9.1. Participant’s Overview
                              7.6.9.2. Financial Performance
                              7.6.9.3. Offering Benchmarking
                              7.6.9.4. Recent Developments
                          7.6.10. DICKEY-john Corporation
                              7.6.10.1. Participant’s Overview
                              7.6.10.2. Financial Performance
                              7.6.10.3. Offering Benchmarking
                              7.6.10.4. Recent Developments
                          7.6.11. Farmers Edge Inc.
                              7.6.11.1. Participant’s Overview
                              7.6.11.2. Financial Performance
                              7.6.11.3. Offering Benchmarking
                              7.6.11.4. Recent Developments
                          7.6.12. Grownetics, Inc.
                              7.6.12.1. Participant’s Overview
                              7.6.12.2. Financial Performance
                              7.6.12.3. Offering Benchmarking
                              7.6.12.4. Recent Developments
                          7.6.13. Proagrica (SST Development Group, Inc.)
                              7.6.13.1. Participant’s Overview
                              7.6.13.2. Financial Performance
                              7.6.13.3. Offering Benchmarking
                              7.6.13.4. Recent Developments
                          7.6.14. The Climate Corporation
                              7.6.14.1. Participant’s Overview
                              7.6.14.2. Financial Performance
                              7.6.14.3. Offering Benchmarking
                              7.6.14.4. Recent Developments


List of Tables

Table 1 List of Abrevation
Table 2 Global Precision Farming Market revenue estimates and forecast, by Offering, 2017 - 2030 (USD Billion)
Table 3 Global Precision Farming Market revenue estimates and forecast, By Application, 2017 - 2030 (USD Billion)
Table 4 Global Precision Farming Market revenue, by Region, 2023 & 2030 (USD Billion)
Table 5 North America Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 6 North America Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 7 North America Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 8 U.S. Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 9 U.S. Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 10 U.S. Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 11 Canada Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 12 Canada Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 13 Canada Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 14 Mexico Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 15 Mexico Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 16 Mexico Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 17 Europe Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 18 Europe Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 19 Europe Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 20 U.K. Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 21 U.K. Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 22 U.K. Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 23 Germany Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 24 Germany Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 25 Germany Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 26 France Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 27 France Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 28 France Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 29 Russia Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 30 Russia Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 31 Russia Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 32 Italy Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 33 Italy Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 34 Italy Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 35 Asia Pacific Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 36 Asia Pacific Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 37 Asia Pacific Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 38 China Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 39 China Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 40 China Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 41 India Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 42 India Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 43 India Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 44 Japan Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 45 Japan Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 46 Japan Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 47 Australia Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 48 Australia Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 49 Australia Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 50 Australia Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 51 Australia Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 52 Australia Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 53 Singapore Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 54 Singapore Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 55 SIngapore Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 56 South America Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 57 South America Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 58 South America Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 59 Brazil Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 60 Brazil Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 61 Brazil Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 62 Middle East & Africa Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Table 63 Middle East & Africa Precision Farming Market estimates & forecasts, by offering, 2017 - 2030 (USD Billion)
Table 64 Middle East & Africa Precision Farming Market estimates & forecasts, by application, 2017 - 2030 (USD Billion)
Table 65 Participant’s Overview
Table 66 Financial Performance
Table 67 Offering Benchmarking
Table 68 Key companies undergoing expansion
Table 69 Key companies involved in mergers & acquisitions
Table 70 Key companies undertaking partnerships and collaboration
Table 71 Key companies launching new product/type launches


List of Figures

Fig. 1 Precision Farming Market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot
Fig. 7 Segment snapshot, by Type and Offering
Fig. 8 Segment snapshot By Application
Fig. 9 Competitive landscape snapshot
Fig. 10 Precision Farming Market value, 2017-2030 (USD Billion)
Fig. 11 Precision Farming Market - Industry value chain analysis
Fig. 12 Precision Farming Market - Market trends
Fig. 13 Precision Farming Market: Porter’s analysis
Fig. 14 Precision Farming Market: PESTEL analysis
Fig. 15 Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 16 Precision Farming Market, by Offering: Key takeaways
Fig. 17 Precision Farming Market, by Offering: Market share, 2023 & 2030
Fig. 18 Hardware Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 19 Hardware Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 20 Automation & control systems Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 21 Drones Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 22 Application control devices Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 23 Guidance system Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 24 GPS Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 25 GIS Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 26 Remote sensing Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 27 Handheld Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 28 Satellite sensing Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 29 Driverless tractors Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 30 Mobile devices Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 31 VRT Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 32 Map-based Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 33 Sensor-based Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 34 Wireless modules Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 35 Bluetooth technology Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 36 Wi-Fi technology Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 37 Zigbee technology Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 38 RF technology Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 39 Sensing devices Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 40 Soil sensor Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 41 Nutrient sensor Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 42 Moisture sensor Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 43 Temperature sensor Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 44 Water sensors Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 45 Climate sensors Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 46 Others Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 47 Antennas & access points Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 48 Software Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 49 Web-based Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 50 Cloud-based Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 51 Services Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 52 System integration & consulting Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 53 Maintenance & support Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 54 Managed types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 55 Data types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 56 Analytics types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion) Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 57 Farm operation types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 58 Assisted professional types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 59 Supply chain management types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 60 Climate information types Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 61 Precision Farming Market, By Application: Key takeaways
Fig. 62 Precision Farming Market, By Application: Market share, 2023 & 2030
Fig. 63 Precision farming Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 64 Yield monitoring Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 65 On-farm Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 66 Off-farm Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 67 Field mapping Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 68 Crop scouting Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 69 Weather tracking & forecasting Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 70 Irrigation management Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 71 Inventory management Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 72 Farm labor management Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 73 Global Precision Farming Market revenue, by Region, 2023 & 2030 (USD Billion)
Fig. 74 North America Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 75 U.S. Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 76 Canada Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 77 Mexico Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 78 Europe Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 79 U.K. Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 80 Germany Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 81 France Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 82 Russia Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 83 Italy Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 84 Asia Pacific Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 85 China Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 86 India Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 87 Japan Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 88 Australia Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 89 Singapore Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 90 Brazil Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 91 Middle East & Africa Precision Farming Market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 92 Key company categorization
Fig. 93 Precision Farming Market - Key company market share analysis, 2023
Fig. 94 Strategic framework

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Market Segmentation

  • Precision Farming Offering Outlook (Revenue, USD Billion; 2017 - 2030)
    • Hardware
      • Automation & Control Systems
        • Drones
        • Application Control Devices
        • Guidance System
          • GPS
          • GIS
        • Remote Sensing
          • Handheld
          • Satellite Sensing
        • Driverless Tractors
        • Mobile Devices
        • VRT
          • Map-based
          • Sensor-based
        • Wireless Modules
          • Bluetooth Technology
          • Wi-Fi Technology
          • Zigbee Technology
          • RF Technology
      • Sensing Devices
        • Soil Sensor
          • Nutrient Sensor
          • Moisture Sensor
          • Temperature Sensor
        • Water Sensors
        • Climate Sensors
        • Others
      • Antennas & Access Points
    • Software
      • Web-based
      • Cloud-based
    • Services
      • System Integration & Consulting
      • Maintenance & Support
      • Managed Types
        • Data Types
        • Analytics Types
        • Farm Operation Types
      • Assisted Professional Types
        • Supply Chain Management Types
        • Climate Information Types
  • Precision Farming Type Outlook (Revenue, USD Billion; 2017 - 2030)
    • Precision farming
    • Yield monitoring
      • On-farm
      • Off-farm
    • Field mapping
    • Crop scouting
    • Weather tracking & forecasting
    • Irrigation management
    • Inventory management
    • Farm labor management
  • Precision Farming Regional Outlook (Revenue, USD Billion; 2017 - 2030)
    • North America
      • North America Precision Farming Market by Offering
        • Hardware
          • Automation & Control Systems
            • Drones
            • Application Control Devices
            • Guidance System
              • GPS
              • GIS
            • Remote Sensing
              • Handheld
              • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • VRT
              • Map-based
              • Sensor-based
            • Wireless Modules
              • Bluetooth Technology
              • Wi-Fi Technology
              • Zigbee Technology
              • RF Technology
          • Sensing Devices
            • Soil Sensor
              • Nutrient Sensor
              • Moisture Sensor
              • Temperature Sensor
            • Water Sensors
            • Climate Sensors
            • Others
          • Antennas & Access Points
        • Software
          • Web-based
          • Cloud-based
        • Services
          • System Integration & Consulting
          • Maintenance & Support
          • Managed Types
            • Data Types
            • Analytics Types
            • Farm Operation Types
          • Assisted Professional Types
            • Supply Chain Management Types
            • Climate Information Types
      • North America Precision Farming Market By Application
        • Precision farming
        • Yield monitoring
          • On-farm
          • Off-farm
        • Field mapping
        • Crop scouting
        • Weather tracking & forecasting
        • Irrigation management
        • Inventory management
        • Farm labor management
      • U.S.
        • U.S. Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • U.S. Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Canada
        • Canada Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Canada Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Mexico
        • Mexico Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Mexico Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
    • Europe
      • Europe Precision Farming Market by Offering
        • Hardware
          • Automation & Control Systems
            • Drones
            • Application Control Devices
            • Guidance System
              • GPS
              • GIS
            • Remote Sensing
              • Handheld
              • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • VRT
              • Map-based
              • Sensor-based
            • Wireless Modules
              • Bluetooth Technology
              • Wi-Fi Technology
              • Zigbee Technology
              • RF Technology
          • Sensing Devices
            • Soil Sensor
              • Nutrient Sensor
              • Moisture Sensor
              • Temperature Sensor
            • Water Sensors
            • Climate Sensors
            • Others
          • Antennas & Access Points
        • Software
          • Web-based
          • Cloud-based
        • Services
          • System Integration & Consulting
          • Maintenance & Support
          • Managed Types
            • Data Types
            • Analytics Types
            • Farm Operation Types
          • Assisted Professional Types
            • Supply Chain Management Types
            • Climate Information Types
      • Europe Precision Farming Market By Application
        • Precision farming
        • Yield monitoring
          • On-farm
          • Off-farm
        • Field mapping
        • Crop scouting
        • Weather tracking & forecasting
        • Irrigation management
        • Inventory management
        • Farm labor management
      • U.K.
        • U.K. Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • U.K. Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Germany
        • Germany Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Germany Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • France
        • France Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • France Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Russia
        • Russia Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Russia Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Italy
        • Italy Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Italy Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
    • Asia Pacific
      • Asia Pacific Precision Farming Market by Offering
        • Hardware
          • Automation & Control Systems
            • Drones
            • Application Control Devices
            • Guidance System
              • GPS
              • GIS
            • Remote Sensing
              • Handheld
              • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • VRT
              • Map-based
              • Sensor-based
            • Wireless Modules
              • Bluetooth Technology
              • Wi-Fi Technology
              • Zigbee Technology
              • RF Technology
          • Sensing Devices
            • Soil Sensor
              • Nutrient Sensor
              • Moisture Sensor
              • Temperature Sensor
            • Water Sensors
            • Climate Sensors
            • Others
          • Antennas & Access Points
        • Software
          • Web-based
          • Cloud-based
        • Services
          • System Integration & Consulting
          • Maintenance & Support
          • Managed Types
            • Data Types
            • Analytics Types
            • Farm Operation Types
          • Assisted Professional Types
            • Supply Chain Management Types
            • Climate Information Types
      • Asia Pacific Precision Farming Market By Application
        • Precision farming
        • Yield monitoring
          • On-farm
          • Off-farm
        • Field mapping
        • Crop scouting
        • Weather tracking & forecasting
        • Irrigation management
        • Inventory management
        • Farm labor management
      • China
        • China Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • China Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Japan
        • Japan Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Japan Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • India
        • India Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • India Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Australia
        • Australia Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Australia Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
      • Singapore
        • Singapore Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Singapore Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
    • South America
      • South America Precision Farming Market by Offering
        • Hardware
          • Automation & Control Systems
            • Drones
            • Application Control Devices
            • Guidance System
              • GPS
              • GIS
            • Remote Sensing
              • Handheld
              • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • VRT
              • Map-based
              • Sensor-based
            • Wireless Modules
              • Bluetooth Technology
              • Wi-Fi Technology
              • Zigbee Technology
              • RF Technology
          • Sensing Devices
            • Soil Sensor
              • Nutrient Sensor
              • Moisture Sensor
              • Temperature Sensor
            • Water Sensors
            • Climate Sensors
            • Others
          • Antennas & Access Points
        • Software
          • Web-based
          • Cloud-based
        • Services
          • System Integration & Consulting
          • Maintenance & Support
          • Managed Types
            • Data Types
            • Analytics Types
            • Farm Operation Types
          • Assisted Professional Types
            • Supply Chain Management Types
            • Climate Information Types
      • South America Precision Farming Market By Application
        • Precision farming
        • Yield monitoring
          • On-farm
          • Off-farm
        • Field mapping
        • Crop scouting
        • Weather tracking & forecasting
        • Irrigation management
        • Inventory management
        • Farm labor management
      • Brazil
        • Brazil Precision Farming Market by Offering
          • Hardware
            • Automation & Control Systems
              • Drones
              • Application Control Devices
              • Guidance System
                • GPS
                • GIS
              • Remote Sensing
                • Handheld
                • Satellite Sensing
              • Driverless Tractors
              • Mobile Devices
              • VRT
                • Map-based
                • Sensor-based
              • Wireless Modules
                • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee Technology
                • RF Technology
            • Sensing Devices
              • Soil Sensor
                • Nutrient Sensor
                • Moisture Sensor
                • Temperature Sensor
              • Water Sensors
              • Climate Sensors
              • Others
            • Antennas & Access Points
          • Software
            • Web-based
            • Cloud-based
          • Services
            • System Integration & Consulting
            • Maintenance & Support
            • Managed Types
              • Data Types
              • Analytics Types
              • Farm Operation Types
            • Assisted Professional Types
              • Supply Chain Management Types
              • Climate Information Types
        • Brazil Precision Farming Market By Application
          • Precision farming
          • Yield monitoring
            • On-farm
            • Off-farm
          • Field mapping
          • Crop scouting
          • Weather tracking & forecasting
          • Irrigation management
          • Inventory management
          • Farm labor management
    • Middle East and Africa (MEA)
      • MEA Precision Farming Market by Offering
        • Hardware
          • Automation & Control Systems
            • Drones
            • Application Control Devices
            • Guidance System
              • GPS
              • GIS
            • Remote Sensing
              • Handheld
              • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • VRT
              • Map-based
              • Sensor-based
            • Wireless Modules
              • Bluetooth Technology
              • Wi-Fi Technology
              • Zigbee Technology
              • RF Technology
          • Sensing Devices
            • Soil Sensor
              • Nutrient Sensor
              • Moisture Sensor
              • Temperature Sensor
            • Water Sensors
            • Climate Sensors
            • Others
          • Antennas & Access Points
        • Software
          • Web-based
          • Cloud-based
        • Services
          • System Integration & Consulting
          • Maintenance & Support
          • Managed Types
            • Data Types
            • Analytics Types
            • Farm Operation Types
          • Assisted Professional Types
            • Supply Chain Management Types
            • Climate Information Types
      • MEA Precision Farming Market By Application
        • Precision farming
        • Yield monitoring
          • On-farm
          • Off-farm
        • Field mapping
        • Crop scouting
        • Weather tracking & forecasting
        • Irrigation management
        • Inventory management
        • Farm labor management

Precision Farming Market Dynamics

Driver: Growing Awareness Of Precision Farming

Advancements in electronics technologies such as GPS and GIS are expected to positively impact the agriculture sector. Moreover, there is a wide range of monitors, controllers, and sensors that form a part of agricultural equipment. The increasing government support for adopting modern agricultural techniques and the growing need for monitoring crop health for yield production is expected to drive the market demand. Major applications of precision farming include yield monitoring, weed mapping, variable spraying, salinity mapping, variable rate fertilizer, yield mapping, guidance systems, and records & analyses.

The increasing use of precision agriculture for collecting data helps them make better decisions concerning fertilizing, planting, and harvesting crops. It is usually larger agriculture companies that use precision agriculture technologies, as they require robust resources and IT infrastructure for monitoring. The trend of maximizing agricultural resources sustainably is influencing the farmers in a positive manner with the growing demand for food across globe.

Driver: Difficulties In Agricultural Work

Farm employment includes exposure to poor sanitary conditions, long working hours, pesticides, and other health risks. Much of the agricultural work is physical in nature, which increases the risk of an accident by fatigue, extreme weather conditions, difficult terrains, and poorly designed tools. Exposure to sun and the use of dangerous machinery make farm work riskier. In commercial plantations based on farming methods the working conditions vary from traditional intensive methods to highly mechanized extensive methods.

National insurance and legislation schemes, and employment injury benefits cover only a few workers. Respiratory illnesses, chemical hazards, and agricultural noise are common health hazards on the farm. The common respiratory illness prevailing among farmers is organic dust toxic syndrome, owing to the dust originating from grain and silage. Prolonged exposure to excessive noise produced by chainsaws, choppers, grain dryers, and tractors can cause permanent hearing loss.

Restraint: Higher Initial Investments

Higher initial investments pose a challenge to the market. The growing technological advancement and innovation in robotics have increased the sale of precision farming technologies. Robotics and drones are widely used to enhance e-commerce operations. High initial capital investment is anticipated to restrain the market as robots require additional application-specific advanced processing equipment, which results in an increased capital investment. Though the market requires a high initial investment, the return on investment is high as it reduces the overall production cost and increases efficiency. Robotics cannot completely replace the human-like dexterity in farming. The lack of infrastructural development and poor administrative support in emerging economies increases the cost of acquisition for the farmers.

What Does This Report Include?

This section will provide insights into the contents included in this precision farming market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Precision farming market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Precision farming market quantitative analysis

  • Market size, estimates, and forecast from 2017 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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Research Methodology

A three-pronged approach was followed for deducing the precision farming market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for precision farming market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of precision farming market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Precision Farming Market Categorization:

The precision farming market was categorized into three segments, namely offerings (Hardware, Software, Services), application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management) and region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Segment Market Methodology:

The precision farming market was segmented into offerings, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The precision farming market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into fourteen countries, namely, the U.S.; Canada; Mexico; the UK; Germany; France; Russia; Italy; China; India; Japan; Australia; Singapore; Brazil..

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Precision farming market companies & financials:

The precision farming market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • AG Leader Technology: Ag Leader Technology is an American agro-based technology company. It develops and provides agricultural products for precision farming. It offers a broad range of solutions based on precision farming technology.

  • AgJunction, Inc.: AgJunction is engaged in the auto-steering and advanced guidance solutions for precision agriculture applications. It is involved in developing and manufacturing agricultural products required for precision farming.

  • AGCO Corporation: AGCO Corporation provides a wide range of products to assist farmers. The company’s product line includes combine harvesters; self-propelled sprayers; tractors; hay tools; and forage equipment and implements.

  • Agribotix LLC: Agribotix is an agricultural intelligence company that offers drone-based technologies and services for precision agricultural applications. The company analyzes and processes agricultural data collected by drones.

  • CropMetrics LLC: CropMetrics is engaged in providing agronomic products and services. It is a developer and provider of precision agriculture solutions focusing on the irrigation application.

  • Deere & Company: Deere & Company (John Deere) operates through three reportable business segments, namely construction and forestry; agriculture and turf; and financial services.

  • DICKEY-john Corporation: DICKEY-john Corporation manufactures electronic assemblies and agricultural equipment. The company’s product portfolio includes agricultural electronic equipment such as material application controllers, ground speed sensors, proportional joystick adapters, testing equipment, and ground speed adapters.

  • Farmers Edge, Inc.: Farmers Edge is specialized in GIS, hardware engineering, data science, precision agronomy, soil science, and software development.

  • Granular, Inc.: Granular, Inc. is an analytics and agricultural software provider, based in the U.S. It provides cloud-based software and analytics software for the farming industry.

  • Grownetics, Inc.: Grownetics, Inc. develops integrated software and hardware tools for optimized cultivation. The company’s product offerings include open crop sensor network, Grownetics Fog Servers, Hardware Agnostic Automation, Semi-Local Gateway, and Grownetics Cloud.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Precision Farming Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2023, historic information from 2017 to 2023, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Precision Farming Market Report Assumptions:

  • The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

What questions do you have? Get quick response from our industry experts. Request a Free Consultation
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