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Global Precision Farming Market Analysis & Trends - Industry Forecast to 2027

Global Precision Farming Market Analysis & Trends - Industry Forecast to 2027

The Global Precision Farming Market is poised to grow strong during the forecast period 2017 to 2027.. Some of the prominent trends that the market is witnessing include penetration and expansion of mobile technologies and broadband usage, increasing environmental concerns and shift toward sustainable agriculture and ease of monitoring with improved detection of abnormalities in soil health.

By technology, the market is classified into telematics, remote sensing, variable-rate technology, integrated electronic communication, geo-mapping and guidance technology. Remote sensing section is further sub-segmented into handheld or ground-based sensing and satellite or aerial sensing. Variable-Rate Technology section is further sub-divided into sensor-based, map-based, fertilizer VRA, pesticide VRA and seeding VRA. Fertilizer VRA segment is further more classified into Lime VRA, Phosphorous VRA and Nitrogen VRA. Guidance Technology section further classified into GIS based and GPS/GNSS based.

Depending on the offering, the market is divided into software, services and hardware. Software section is further sub-classified into cloud-based and local/web-based. Services section is further fragmented into maintenance and support, connectivity services, managed services, system integration & consulting and assisted professional services. Managed services are further more classified into Data Services, Farm Operation Services and Analytics Services. Assisted professional services are further more segmented into Climate Information Services, Supply Chain Management Services and Other Assisted Professional Services. Hardware section is further sub-segmented into sensing and monitoring device and automation and control system. Sensing and monitoring device segment is further more classified into Climate Sensor, Water Sensor, Yield Monitors and Soil Sensors. Soil Sensors are further more sub-segmented into Temperature Sensor, Nutrient Sensor and Moisture Sensor. Automation and Control System is further more segregated into Radar, Flow and Application Control Devices, Display, GPS/GNSS, Guidance and Steering, Handheld Mobile Devices/Handheld Computers, Irrigation Controllers, Drones/UAVS, Mobile Devices, Wireless Modules and Other Automation and Control Systems. Wireless Modules segment in further more segmented into Zigbee Technology, Bluetooth Technology, RF Technology and Wi-Fi Technology.

Based upon the application, the market is segmented into personnel management, waste management, yield monitoring, field mapping, weather tracking & forecasting, irrigation management, farm labor management, financial management, inventory management, crop scouting and other applications. Yield monitoring section is further classified into off-farm yield monitoring and on-farm yield monitoring. Field Mapping is further fragmented into drainage mapping and boundary mapping.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Technology Analysis
1.5 Application Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Penetration and Expansion of Mobile Technologies & Broadband Usage
3.1.2 Increasing Environmental Concerns and Shift Towards Sustainable Agriculture
3.1.3 Ease of Monitoring with Improved Detection of Abnormalities in Soil Health
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Precision Farming Market, By Technology
4.1 Telematics
DATA TABLE Telematics Market Forecast to 2027 (US$ MN)
4.2 Remote Sensing
DATA TABLE Remote Sensing Market Forecast to 2027 (US$ MN)
4.2.1 Handheld Or Ground-Based Sensing
DATA TABLE Handheld Or Ground-Based Sensing Market Forecast to 2027 (US$ MN)
4.2.2 Satellite Or Aerial Sensing
DATA TABLE Satellite Or Aerial Sensing Market Forecast to 2027 (US$ MN)
4.3 Variable-Rate Technology
DATA TABLE Variable-Rate Technology Market Forecast to 2027 (US$ MN)
4.3.1 Sensor-Based
DATA TABLE Sensor-Based Market Forecast to 2027 (US$ MN)
4.3.2 Map-Based
DATA TABLE Map-Based Market Forecast to 2027 (US$ MN)
4.3.3 Fertilizer VRA
DATA TABLE Fertilizer VRA Market Forecast to 2027 (US$ MN)
4.3.3.1 Lime VRA
4.3.3.2 Phosphorous VRA
4.3.3.3 Nitrogen VRA
4.3.4 Pesticide VRA
DATA TABLE Pesticide VRA Market Forecast to 2027 (US$ MN)
4.3.5 Seeding VRA
DATA TABLE Seeding VRA Market Forecast to 2027 (US$ MN)
4.4 Integrated Electronic Communication
DATA TABLE Integrated Electronic Communication Market Forecast to 2027 (US$ MN)
4.5 Geomapping
DATA TABLE Geomapping Market Forecast to 2027 (US$ MN)
4.6 Guidance Technology
DATA TABLE Guidance Technology Market Forecast to 2027 (US$ MN)
4.6.1 GIS Based
DATA TABLE GIS Based Market Forecast to 2027 (US$ MN)
4.6.2 GPS/GNSS Based
DATA TABLE GPS/GNSS Based Market Forecast to 2027 (US$ MN)
5 Precision Farming Market, By Offering
5.1 Software
DATA TABLE Software Market Forecast to 2027 (US$ MN)
5.1.1 Cloud-Based
DATA TABLE Cloud-Based Market Forecast to 2027 (US$ MN)
5.1.2 Local/Web-Based
DATA TABLE Local/Web-Based Market Forecast to 2027 (US$ MN)
5.2 Services
DATA TABLE Services Market Forecast to 2027 (US$ MN)
5.2.1 Maintenance and Support
DATA TABLE Maintenance and Support Market Forecast to 2027 (US$ MN)
5.2.2 Connectivity Services
DATA TABLE Connectivity Services Market Forecast to 2027 (US$ MN)
5.2.3 Managed Services
DATA TABLE Managed Services Market Forecast to 2027 (US$ MN)
5.2.3.1 Data Services
5.2.3.2 Farm Operation Services
5.2.3.3 Analytics Services
5.2.4 System Integration & Consulting
DATA TABLE System Integration & Consulting Market Forecast to 2027 (US$ MN)
5.2.5 Assisted Professional Services
DATA TABLE Assisted Professional Services Market Forecast to 2027 (US$ MN)
5.2.5.1 Climate Information Services
5.2.5.2 Supply Chain Management Services
5.2.5.3 Other Assisted Professional Services
5.3 Hardware
DATA TABLE Hardware Market Forecast to 2027 (US$ MN)
5.3.1 Sensing and Monitoring Device
DATA TABLE Sensing and Monitoring Device Market Forecast to 2027 (US$ MN)
5.3.1.1 Climate Sensor
5.3.1.2 Water Sensor
5.3.1.3 Yield Monitors
5.3.1.4 Soil Sensors
5.3.1.4.1 Temperature Sensor
5.3.1.4.2 Nutrient Sensor
5.3.1.4.3 Moisture Sensor
5.3.2 Automation and Control System
DATA TABLE Automation and Control System Market Forecast to 2027 (US$ MN)
5.3.2.1 Radar
5.3.2.2 Flow and Application Control Devices
5.3.2.3 Display
5.3.2.4 GPS/GNSS
5.3.2.5 Guidance and Steering
5.3.2.6 Handheld Mobile Devices/Handheld Computers
5.3.2.7 Irrigation Controllers
5.3.2.8 Drones/UAVS
5.3.2.9 Mobile Devices
5.3.2.10 Wireless Modules
5.3.2.10.1 Zigbee Technology
5.3.2.10.2 Bluetooth Technology
5.3.2.10.3 RF Technology
5.3.2.10.4 Wi-Fi Technology
5.3.2.11 Other Automation and Control Systems
6 Precision Farming Market, By Application
6.1 Personnel Management
DATA TABLE Personnel Management Market Forecast to 2027 (US$ MN)
6.2 Waste Management
DATA TABLE Waste Management Market Forecast to 2027 (US$ MN)
6.3 Yield Monitoring
DATA TABLE Yield Monitoring Market Forecast to 2027 (US$ MN)
6.3.1 Off-Farm Yield Monitoring
DATA TABLE Off-Farm Yield Monitoring Market Forecast to 2027 (US$ MN)
6.3.2 On-Farm Yield Monitoring
DATA TABLE On-Farm Yield Monitoring Market Forecast to 2027 (US$ MN)
6.4 Field Mapping
DATA TABLE Field Mapping Market Forecast to 2027 (US$ MN)
6.4.1 Drainage Mapping
DATA TABLE Drainage Mapping Market Forecast to 2027 (US$ MN)
6.4.2 Boundary Mapping
DATA TABLE Boundary Mapping Market Forecast to 2027 (US$ MN)
6.5 Weather Tracking & Forecasting
DATA TABLE Weather Tracking & Forecasting Market Forecast to 2027 (US$ MN)
6.6 Irrigation Management
DATA TABLE Irrigation Management Market Forecast to 2027 (US$ MN)
6.7 Farm Labor Management
DATA TABLE Farm Labor Management Market Forecast to 2027 (US$ MN)
6.8 Financial Management
DATA TABLE Financial Management Market Forecast to 2027 (US$ MN)
6.9 Inventory Management
DATA TABLE Inventory Management Market Forecast to 2027 (US$ MN)
6.10 Crop Scouting
DATA TABLE Crop Scouting Market Forecast to 2027 (US$ MN)
6.11 Other Applications
DATA TABLE Other Applications Market Forecast to 2027 (US$ MN)
7 Precision Farming Market, By Geography
7.1 North America
DATA TABLE North America Market Forecast by Countries to 2027 (US$ MN)
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2027 (US$ MN)
7.2.1 France
7.2.2 Germany
7.2.3 Italy
7.2.4 Spain
7.2.5 UK
7.2.6 Rest of Europe
7.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2027 (US$ MN)
7.3.1 China
7.3.2 Japan
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.6 Rest of Asia Pacific
7.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2027 (US$ MN)
7.4.1 Saudi Arabia
7.4.2 UAE
7.4.3 Rest of Middle East
7.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2027 (US$ MN)
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Rest of Latin America
7.6 Rest of the World (RoW)
DATA TABLE RoW Market Forecast by Countries to 2027 (US$ MN)
7.6.1 South Africa
7.6.2 Others
8 Key Player Activities
8.1 Mergers & Acquisitions
8.2 Partnerships, Joint Venture’s, Collaborations and Agreements
8.3 Product Launch & Expansions
8.4 Other Activities
9 Leading Companies
9.1 Ag Leader Technology, Inc.
9.2 Case IH Agriculture
9.3 Bayer CropScience AG
9.4 John Deere Company Inc.
9.5 AgJunction Inc.
9.6 Raven Industries, Inc.
9.7 Site-Specific Technology Development Group, Inc.
9.8 Teejet Technologies Illinois, LLC
9.9 Topcon Positioning Systems, Inc.
9.10 CropMetrics LLC
9.11 Granular, Inc
9.12 Agribotix, LLC
9.13 Farmers Edge Precision Consulting Inc.
9.14 Grownetics Inc.
9.15 Conservis Corporation
9.16 AGCO Corporation
List of Tables
Table 1 Global Precision Farming Market By Region, Market Forecast (2015-2027) (US $MN)
Table 2 Global Precision Farming Market By Technology, Market Forecast (2015-2027) (US $MN)
Table 3 Global Precision Farming Market By Telematics, Market Forecast (2015-2027) (US $MN)
Table 4 Global Precision Farming Market By Remote Sensing, Market Forecast (2015-2027) (US $MN)
Table 5 Global Precision Farming Market By Handheld Or Ground-Based Sensing, Market Forecast (2015-2027) (US $MN)
Table 6 Global Precision Farming Market By Satellite Or Aerial Sensing, Market Forecast (2015-2027) (US $MN)
Table 7 Global Precision Farming Market By Variable-Rate Technology, Market Forecast (2015-2027) (US $MN)
Table 8 Global Precision Farming Market By Sensor-Based, Market Forecast (2015-2027) (US $MN)
Table 9 Global Precision Farming Market By Map-Based, Market Forecast (2015-2027) (US $MN)
Table 10 Global Precision Farming Market By Fertilizer VRA, Market Forecast (2015-2027) (US $MN)
Table 11 Global Precision Farming Market By Pesticide VRA, Market Forecast (2015-2027) (US $MN)
Table 12 Global Precision Farming Market By Seeding VRA, Market Forecast (2015-2027) (US $MN)
Table 13 Global Precision Farming Market By Integrated electronic communication, Market Forecast (2015-2027) (US $MN)
Table 14 Global Precision Farming Market By Geomapping, Market Forecast (2015-2027) (US $MN)
Table 15 Global Precision Farming Market By Guidance Technology, Market Forecast (2015-2027) (US $MN)
Table 16 Global Precision Farming Market By GIS Based, Market Forecast (2015-2027) (US $MN)
Table 17 Global Precision Farming Market By GPS/GNSS Based, Market Forecast (2015-2027) (US $MN)
Table 18 Global Precision Farming Market By Offering, Market Forecast (2015-2027) (US $MN)
Table 19 Global Precision Farming Market By Software, Market Forecast (2015-2027) (US $MN)
Table 20 Global Precision Farming Market By Cloud-Based, Market Forecast (2015-2027) (US $MN)
Table 21 Global Precision Farming Market By Local/Web-Based, Market Forecast (2015-2027) (US $MN)
Table 22 Global Precision Farming Market By Services, Market Forecast (2015-2027) (US $MN)
Table 23 Global Precision Farming Market By Maintenance and Support, Market Forecast (2015-2027) (US $MN)
Table 24 Global Precision Farming Market By Connectivity Services, Market Forecast (2015-2027) (US $MN)
Table 25 Global Precision Farming Market By Managed Services, Market Forecast (2015-2027) (US $MN)
Table 26 Global Precision Farming Market By System Integration & Consulting, Market Forecast (2015-2027) (US $MN)
Table 27 Global Precision Farming Market By Assisted Professional Services, Market Forecast (2015-2027) (US $MN)
Table 28 Global Precision Farming Market By Hardware, Market Forecast (2015-2027) (US $MN)
Table 29 Global Precision Farming Market By Sensing and Monitoring Device, Market Forecast (2015-2027) (US $MN)
Table 30 Global Precision Farming Market By Automation and Control System, Market Forecast (2015-2027) (US $MN)
Table 31 Global Precision Farming Market By Application, Market Forecast (2015-2027) (US $MN)
Table 32 Global Precision Farming Market By Personnel Management, Market Forecast (2015-2027) (US $MN)
Table 33 Global Precision Farming Market By Waste management, Market Forecast (2015-2027) (US $MN)
Table 34 Global Precision Farming Market By Yield Monitoring, Market Forecast (2015-2027) (US $MN)
Table 35 Global Precision Farming Market By Off-Farm Yield Monitoring, Market Forecast (2015-2027) (US $MN)
Table 36 Global Precision Farming Market By On-Farm Yield Monitoring, Market Forecast (2015-2027) (US $MN)
Table 37 Global Precision Farming Market By Field Mapping, Market Forecast (2015-2027) (US $MN)
Table 38 Global Precision Farming Market By Drainage Mapping, Market Forecast (2015-2027) (US $MN)
Table 39 Global Precision Farming Market By Boundary Mapping, Market Forecast (2015-2027) (US $MN)
Table 40 Global Precision Farming Market By Weather Tracking & Forecasting, Market Forecast (2015-2027) (US $MN)
Table 41 Global Precision Farming Market By Irrigation Management, Market Forecast (2015-2027) (US $MN)
Table 42 Global Precision Farming Market By Farm Labor Management, Market Forecast (2015-2027) (US $MN)
Table 43 Global Precision Farming Market By Financial Management, Market Forecast (2015-2027) (US $MN)
Table 44 Global Precision Farming Market By Inventory Management, Market Forecast (2015-2027) (US $MN)
Table 45 Global Precision Farming Market By Crop Scouting, Market Forecast (2015-2027) (US $MN)
Table 46 Global Precision Farming Market By Other Applications, Market Forecast (2015-2027) (US $MN)
Note: Regional tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World (RoW) are presented in similar manner as the above.

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