Precision Farming Market by Type (Farm Management, Fish Farm Monitoring, Livestock Monitoring), Technology (Guidance Technology, Remote Sensing, Variable-Rate Technology), Component, Application - Global Forecast 2024-2030

Precision Farming Market by Type (Farm Management, Fish Farm Monitoring, Livestock Monitoring), Technology (Guidance Technology, Remote Sensing, Variable-Rate Technology), Component, Application - Global Forecast 2024-2030


The Precision Farming Market size was estimated at USD 10.31 billion in 2023 and expected to reach USD 11.72 billion in 2024, at a CAGR 13.75% to reach USD 25.43 billion by 2030.

Global Precision Farming Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Precision Farming Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Precision Farming Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Precision Farming Market, highlighting leading vendors and their innovative profiles. These include AG Leader Technology, AGCO Corporation, AgEagle Aerial Systems Inc., AgJunction Inc., Corteva Agriscience, Deere & Company, Dickey-John Corporation, Farmers Edge Precision Consulting Inc., Hexagon AB, Precision Hawk, Prospera Technologies Ltd., Raven Industries, Inc., Teejet Technologies, Topcon Positioning Systems, and Trimble Inc..

Market Segmentation & Coverage

This research report categorizes the Precision Farming Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Farm Management
Fish Farm Monitoring
Livestock Monitoring
Smart Greenhouse
Technology
Guidance Technology
Remote Sensing
Variable-Rate Technology
Component
Hardware
Services
Software
Application
Crop Scouting
Farm Labor Management
Field Mapping
Financial Management
Inventory Management
Irrigation Management
Weather Tracking & Forecasting
Yield Monitoring
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Precision Farming Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Precision Farming Market?
3. What are the technology trends and regulatory frameworks in the Precision Farming Market?
4. What is the market share of the leading vendors in the Precision Farming Market?
5. Which modes and strategic moves are suitable for entering the Precision Farming Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Precision Farming Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Pressure on global food supply owing to growing world population
5.1.1.2. Substantial cost cutting made possible by farming industry
5.1.1.3. Adoption of new precision farming technologies for boosting agricultural production
5.1.2. Restraints
5.1.2.1. High initial investment
5.1.3. Opportunities
5.1.3.1. Integration of smartphones with IoT devices and software applications
5.1.3.2. Rise in use of UAV/drones in farming insight
5.1.4. Challenges
5.1.4.1. Lack of standardization
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Precision Farming Market, by Type
6.1. Introduction
6.2. Farm Management
6.3. Fish Farm Monitoring
6.4. Livestock Monitoring
6.5. Smart Greenhouse
7. Precision Farming Market, by Technology
7.1. Introduction
7.2. Guidance Technology
7.3. Remote Sensing
7.4. Variable-Rate Technology
8. Precision Farming Market, by Component
8.1. Introduction
8.2. Hardware
8.3. Services
8.4. Software
9. Precision Farming Market, by Application
9.1. Introduction
9.2. Crop Scouting
9.3. Farm Labor Management
9.4. Field Mapping
9.5. Financial Management
9.6. Inventory Management
9.7. Irrigation Management
9.8. Weather Tracking & Forecasting
9.9. Yield Monitoring
10. Americas Precision Farming Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Precision Farming Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Precision Farming Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. AG Leader Technology
14.1.2. AGCO Corporation
14.1.3. AgEagle Aerial Systems Inc.
14.1.4. AgJunction Inc.
14.1.5. Corteva Agriscience
14.1.6. Deere & Company
14.1.7. Dickey-John Corporation
14.1.8. Farmers Edge Precision Consulting Inc.
14.1.9. Hexagon AB
14.1.10. Precision Hawk
14.1.11. Prospera Technologies Ltd.
14.1.12. Raven Industries, Inc.
14.1.13. Teejet Technologies
14.1.14. Topcon Positioning Systems
14.1.15. Trimble Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. PRECISION FARMING MARKET RESEARCH PROCESS
FIGURE 2. PRECISION FARMING MARKET SIZE, 2023 VS 2030
FIGURE 3. PRECISION FARMING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PRECISION FARMING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PRECISION FARMING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PRECISION FARMING MARKET DYNAMICS
FIGURE 7. PRECISION FARMING MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. PRECISION FARMING MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PRECISION FARMING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. PRECISION FARMING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PRECISION FARMING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 12. PRECISION FARMING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. PRECISION FARMING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. PRECISION FARMING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES PRECISION FARMING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES PRECISION FARMING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA PRECISION FARMING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. PRECISION FARMING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. PRECISION FARMING MARKET SHARE, BY KEY PLAYER, 2023

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