Precision Agriculture Market

Precision Agriculture Market - Global Forecast to 2025

Report Code: UC 2043 Jan, 2023, by

This report analyzes the precision agriculture market, in terms of region, function, application, product, and service.

The global precision agriculture market is dominated by North America, with a CAGR of 18% from 2019 to 2025, followed by European and Asia Pacific regions. Increasing strain on the global food supply owing to increasing population, increased cost savings associated with precision technology, and government initiatives to adopt modern agricultural management practices. The high growth can be attributed to the growing proliferation of Internet of Things (IoT) and use of advanced analytics by farmers. Advanced analytics is part of the 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.

Demand in North America is driven by factors such as increased awareness and adoption rate of precision agriculture among farmers, increasing government initiatives for the adoption of modern agriculture technologies, and developed infrastructure have contributed to the high revenue in the region.

The geographical and application-wise split was determined using secondary sources and verified through primary respondents. Demand in different regions was considered while estimating the market share of the different regions in the precision agriculture market. The market estimation was also based on various parameters, such as the number of players, demand trends, supply trends, and the extent of research activity in a particular region.

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Markets Segmentation
    1.4 Currency Considered
    1.5 Units Considered
    1.6 Stakeholders
    1.7 Limitations

2 Research Methodology
    2.1 Research Data
           2.1.1 Key Data From Secondary Sources
           2.1.2 Key Data From Primary Sources
           Key Industry Insights
           Breakdown of Primaries
    2.2 Macroindicators
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Assumptions
    2.6 Limitations

3 Executive Summary

4 Market Overview
    4.1 Introduction
    4.2 Macroindicators
    4.3 Market Segmentation
    4.4 Market Dynamics
           4.4.1 Drivers
           4.4.2 Restraints
           4.4.3 Opportunities
           4.4.4 Challenges
    4.5 Regulatory Framework

5 Precision Agriculture Market, By Function
    5.1 Introduction
    5.2 Agriculture Land Survey 
    5.3 Precision Soil Sampling
    5.4 Harvest Monitoring
    5.5 Input Application
           5.5.1 Sowing & Planting 
           5.5.2 Pesticide Application 
           5.5.3 Fertilizer Application
    5.6 Others 

6 Precision Agriculture Market, By Application
    6.1 Introduction
    6.2 Crop Farming
           6.2.1 Oilseed & Pulses
           6.2.2 Fruits & Vegetables 
           6.2.3 Cereals & Grains
           6.2.4 Others
    6.3 Aquaculture
    6.4 Livestock Farming
    6.5 Others

7 Precision Agriculture Market, By Product
    7.1 Introduction
    7.2 Automation and Control Systems
    7.3 Sensing and Monitoring Devices
           7.3.1 Cameras
           Visual Cameras
           Multispectral Cameras
           Thermal Cameras
           Lidar Cameras
    7.4 Software

8 Precision Agriculture Market, By Service
    8.1 Introduction
    8.2 Weather Information Services
    8.3 Agriculture Operation & Logistics Services
    8.4 Agriculture Field Map Services
    8.5 Agriculture Automation Services
    8.6 Others

9 Precision Agriculture Market, By Region
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada 
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 France 
           9.3.3 UK
           9.3.4 Italy 
           9.3.5 Rest of Europe
           9.4 Asia Pacific
           9.4.1 India
           9.4.2 China 
           9.4.3 Australia
           9.4.4 Rest of Asia Pacific
    9.5 RoW 
           9.5.1 South America
           9.5.2 Africa and the Middle East

10 Competitive Landscape
     10.1 Introduction
     10.2 Competitive Leadership Mapping (Overall Market)
             10.2.1 Terminology/ Nomenclature
               Dynamic Differentiators
               Visionary Leaders
               Emerging Companies
             10.2.2 Strength of Product Portfolio
             10.2.3 Business Strategy Excellence
     10.3 Market Share Analysis/ Market Ranking of Key Players
     10.4 Competitive Scenario
             10.4.1 Agreements, Partnerships, Collaborations & Joint Ventures
             10.4.2 Expansions & Investments
             10.4.3 Acquisitions
             10.4.4 New Product Launches

11 Company Profiles
*(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments) Product Manufacturers
     11.1 Deere & Company
     11.2 Trimble
     11.3 AGCO
     11.4 Agjunction 
     11.5 Raven Industries
     11.6 AG Leader Technology
     11.7 Proagrica
     11.8 Agribotix
     11.9 DJI Innovations
     11.10 Topcon Positioning Systems
     11.11 Sony Corporation
     11.12 Canon
     11.13 Nikon
     11.14 Olympus
     11.14 Zeiss
     11.15 Planet Labs
     11.16 Satellite Imaging Corporation
*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies. 

12 Appendix


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