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North America Precision Farming Market Forecast 2018-2026

North America Precision Farming Market Forecast 2018-2026

KEY FINDINGS Precision farming involves data collection, wherein the results are analyzed to find definite patterns that are then used for agricultural forecasting purposes. Over the forecast period of 2018-2026, the North America precision farming market is expected to exhibit a CAGR of 3.17%. Canada, Mexico and the US are major geographies analyzed in this region. MARKET INSIGHTS North America is a highly advanced market for precision farming. The region has adopted techniques like farm mechanization and is attracting several global market giants to invest in it. Most of the farmers here are wealthy, have large-sized farms, and have access to machine-intensive techniques.Also, the rate of adoption of precision farming technologies is quite high in the US and Canada. Because of all these factors, North America accounted for a dominant revenue share in 2017 and is expected to continue this dominance throughout the forecast period. COMPETITIVE INSIGHTS Few of the noted companies in this market include Dupont, Nozzleworks Inc, Farmers Edge Precision Consulting Inc, Deere & Co, Trimble Navigation Limited, Topcon Corp, Cropx Ltd Agco Corp, Monsanto Company, Agjunction Inc, Agribotix, Ag Leader Technology Inc, and Raven Industries Inc.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Increased Adoption Of Auto Steering And Variable Rate Controls
3.2.2. Increased Mergers And Acquisitions
3.2.3. North America Dominates The Global Precision Farming Market In Terms Of Revenue
4. Market Dynamics
4.1. Market Definition
4.2. Drivers
4.2.1. Focus On Sustainable Agriculture
4.2.2. Growing Awareness And Acceptance
4.2.3. Need To Maximize Food Production
4.2.4. Optimization Of Inputs
4.2.5. Control Over Farm Data
4.3. Restraints
4.3.1. High Initial Investment
4.3.2. Implementation Issues
4.4. Opportunities
4.4.1. Growing Prominence Of Telematics Technologies
4.4.2. Wide Portfolio Of Offerings
4.5. Challenges
4.5.1. Lack Of Standardization
4.5.2. Impact Of Farm Income
5. Market By Technology
5.1. Guidance System Technologies
5.2. Remote Sensing And Control Systems
5.3. Variable Rate Technology
6. Market By Type
6.1. Hardware
6.1.1. Automation And Control Systems
6.1.2. Sensing And Monitoring Devices
6.2. Software
6.2.1. Farm Management Software
7. Market By Applications
7.1. Soil Monitoring
7.2. Yield Monitoring
7.3. Software Applications
7.4. Variable Rate Applications
7.5. Field Mapping
7.6. Others
8. Key Analytics
8.1. Porter’s 5 Force Analysis
8.1.1. Threat Of New Entrants
8.1.2. Threat Of Substitute Products
8.1.3. Bargaining Power Of Buyers
8.1.4. Bargaining Power Of Suppliers
8.1.5. Intensity Of Competitive Rivalry
8.2. Key Buying Criteria
8.2.1. Initial Cost (Implementation Cost)
8.2.2. Payback Period
8.2.3. Ease Of Understanding
8.2.4. Feature Availability
8.2.5. Portfolio Of Offerings
8.2.6. Technological Advancement
8.2.7. Integration Ability
8.3. Key Trends
8.3.1. Increasing Use Of Uavs
8.3.2. Strong Expected Growth Of Weather Tracking And Forecasting
8.4. Vendor Landscape
8.5. Opportunity Matrix
9. Geographical Analysis
9.1. Us
9.2. Canada
9.3. Mexico
10. Company Profiles
10.1. Ag Leader Technology Inc
10.2. Agco Corp
10.3. Agdata
10.4. Agjunction Inc
10.5. Ag-nav Inc
10.6. Agribotix
10.7. Agrium Inc
10.8. Basf Se
10.9. Cropx Ltd
10.10. Deere & Co
10.11. Dupont
10.12. Farmers Edge Precision Consulting Inc
10.13. Monsanto Company
10.14. Mts Systems Corp
10.15. Nozzleworks Inc
10.16. Raven Industries Inc
10.17. Sst Development Group Inc
10.18. Teejet Technologies
10.19. Topcon Corp
10.20. Trimble Navigation Limited
List Of Tables
Table 1 North America Precision Farming Market By Country 2018-2026 ($ Million)
Table 2 Mergers And Acquisitions In Precision Farming Market In Us 2012-2015
Table 3 North America Precision Farming Market By Technology 2018-2026 ($ Million)
Table 4 North America Precision Farming Market By Type 2018-2026 ($ Million)
Table 5 North America Hardware Market By Types 2018-2026 ($ Million)
Table 6 North America Software Market By Types 2018-2026 ($ Million)
Table 7 North America Precision Farming Market By Application 2018-2026 ($ Million)
Table 8 Key Buying Criteria For Precision Farming Technologies And Their Impact
Table 9 Changed Importance Of Key Buying Criteria Over Time In All Regions
Table 10 North America Precision Farming Market By Country 2018-2026 ($ Million)
List Of Figures
Figure 1 North America Precision Farming Market By Technology 2018-2026 ($ Million)
Figure 2 North America Precision Farming Market 2018-2026 ($ Million)
Figure 3 Arable Land In North America 1961-2012 (Ha Per Person)
Figure 4 World Population (Billions Of Lives) Versus Arable Land (Hectare Per Person) 1950-2025
Figure 5 North America Guidance System Market 2018-2026 ($ Million)
Figure 6 North America Remote Sensing And Control Systems Market 2018-2026 ($ Million)
Figure 7 North America Variable Rate Market 2018-2026 ($ Million)
Figure 8 North America Hardware Market 2018-2026 ($ Million)
Figure 9 North America Automation And Control Systems Market 2018-2026 ($ Million)
Figure 10 North America Sensing And Monitoring Devices Market 2018-2026 ($ Million)
Figure 11 North America Software Market 2018-2026 ($ Million)
Figure 12 North America Farm Management Software Market 2018-2026 ($ Million)
Figure 13 North America Soil Monitoring Market 2018-2026 ($ Million)
Figure 14 North America Yield Monitoring Market 2018-2026 ($ Million)
Figure 15 North America Software Applications Market 2018-2026 ($ Million)
Figure 16 North America Variable Rate Applications Market 2018-2026 ($ Million)
Figure 17 North America Field Mapping Market 2018-2026 ($ Million)
Figure 18 North America Others Market 2018-2026 ($ Million)
Figure 19 United States Precision Farming Market 2018-2026 ($ Million)
Figure 20 Canada Precision Farming Market 2018-2026 ($ Million)
Figure 21 Mexico Precision Farming Market 2018-2026 ($ Million)

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