Global Precision Farming Market to 2027
Global Precision Farming Market to 2027
Global Precision Farming Market Introduction
Precision farming is also referred as site specific crop management (SSCM) and satellite farming is a type of advanced farming technique which utilizes various technologies such as Telematics, Geographic Information System, Variable Rate Technology, Global Positioning System, and Remote Sensing. Main function of precision farming is sustainability, guarantee portability, and protection of environment. Global Precision Farming Market Drivers
Increase in demand for agricultural products because of population is expected to boost the growth of global precision farming market growth. Furthermore, rise in adoption of various technologies like Variable Rate Technology (VRT) is expected to propel the growth of precision market. Moreover, substantial cost cutting achieved by implementation of modern farming techniques will have the positive impact on global precision farming market growth.
Global Precision Farming Market Restraints
However, high cost of agricultural equipment is the main restraining factor which is expected to hamper the global precision farming market growth. Also, limited technical knowledge and skills will affect the growth of global precision farming market.
Global Precision Farming Market Segmentation
Global Precision Farming Market is segmented into offerings such as Software, Hardware, and Services, by technology such as Telematics, Geographic Information System, Variable Rate Technology, Global Positioning System, and Remote Sensing. Further, Global Precision Farming Market is segmented into application such as Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, and Farm Labor Management.
Also, Global Precision Farming Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa
Global Precision Farming Market Key Players
Various key players are discussed in this report such as Topcon Positioning Systems, TARANIS, TEEJET Technologies, AGEAGLE, Ag Leader Technology, Raven Industries, AGJUNCTION, AGCO, Trimble,and Deere & Company.
Global Precision Farming Market Taxonomy
By Offerings
- Software
- Hardware
- Services
By Technology
- Telematics
- Geographic Information System
- Variable Rate Technology
- Global Positioning System
- Remote Sensing
By Application
- Yield Monitoring
- Field Mapping
- Crop Scouting
- Weather Tracking & Forecasting
- Irrigation Management
- Inventory Management
- Farm Labor Management
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- 1. Executive Summary
- 1.1. Market Taxonomy
- 2. Global Precision Farming Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
- 3. Market Background
- 3.1. Forecast Factor
- 3.2. Market Dynamics
- 3.2.1. Drivers
- 3.2.2. Challenges
- 3.2.3. Trends
- 4. Global Precision Farming Market Snapshot
- 5. Global Precision Farming Market Analysis, By Offering
- 5.1. Y-o-Y Growth Comparison, By Offering
- 5.2. Global Precision Farming Market Share Analysis, By Offering
- 5.3. Global Precision Farming Market Size and Forecast, By Offering
- 5.3.1 3 D Fan Out Based
- 5.3.2 3 D Package on Package
- 5.3.3 3 D Through Silicon Via
- 5.3.4 3 D Wire Bonded
- 6. Global Precision Farming Market Analysis, By Technology
- 6.1. Y-o-Y Growth Comparison, By Technology
- 6.2. Global Precision Farming Market Share Analysis, By Technology
- 6.3. Global Precision Farming Market Size and Forecast, By Technology
- 6.3.1 Telematics
- 6.3.2 Geographic Information System
- 6.3.3 Variable Rate Technology
- 6.3.4 Global Positioning System
- 6.3.5 Remote Sensing
- 7. Global Precision Farming Market Analysis, By Application
- 7.1. Y-o-Y Growth Comparison, By Application
- 7.2. Global Precision Farming Market Share Analysis, By Application
- 7.3. Global Precision Farming Market Size and Forecast, By Application
- 7.3.1 Yield Monitoring
- 7.3.2 Field Mapping
- 7.3.3 Crop Scouting
- 7.3.4 Weather Tracking & Forecasting
- 7.3.5 Irrigation Management
- 7.3.6 Inventory Management
- 7.3.7 Farm Labor Management
- 8. Global Precision Farming Market Analysis, By Region
- 8.1. Y-o-Y Growth Comparison, By Region
- 8.2. Global Precision Farming Market Share Analysis, By Region
- 9. North America Precision Farming Market Analysis and Forecast (2017-2027)
- 9.1 Introduction
- 9.2 North America Precision Farming Market Analysis, By Offering
- 9.3 North America Precision Farming Market Analysis, By Technology
- 9.4 North America Precision Farming Market Analysis, By Application
- 9.5 North America Precision Farming Market Analysis, By Country
- 9.5.1 USA
- 9.5.2 Canada
- 9.5.3 Mexico
- 10. Europe Precision Farming Market Analysis and Forecast (2017-2027)
- 10.1 Introduction
- 10.2 Europe Precision Farming Market Analysis, By Offering
- 10.3 Europe Precision Farming Market Analysis, By Technology
- 10.4 Europe Precision Farming Market Analysis, By Application
- 10.5 Europe Precision Farming Market Analysis, By Country
- 10.5 .1 Germany
- 10.5 .2 France
- 10.5 .3 UK
- 10.5 .4 Rest of Europe
- 11. Asia Pacific Precision Farming Market Analysis and Forecast (2017-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Precision Farming Market Analysis, By Offering
- 11.3 Asia Pacific Precision Farming Market Analysis, By Technology
- 11.3 Asia Pacific Precision Farming Market Analysis, By Application
- 11.4 Asia Pacific Precision Farming Market Analysis, By Country
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 Rest of Asia Pacific
- 12. Latin America Precision Farming Market Analysis and Forecast (2017-2027)
- 12.1 Introduction
- 12.2 Latin America Precision Farming Market Analysis, By Offering
- 12.3 Latin America Precision Farming Market Analysis, By Technology
- 12.4 Latin America Precision Farming Market Analysis, By Application
- 13. Middle East & Africa Precision Farming Market Analysis and Forecast (2017-2027)
- 13.1 Introduction
- 13.2 Middle East & Africa Precision Farming Market Analysis, By Offering
- 13.3 Middle East & Africa Precision Farming Market Analysis, By Technology
- 13.4 Middle East & Africa Precision Farming Market Analysis, By Application
- 14. Competition Analysis
- 14.1 Competition Dashboard
- 14.2 Market Share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15. Company Profiles
- 15.1 Topcon Positioning Systems
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financial
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 TARANIS
- 15.3 TEEJET Technologies
- 15.4 AGEAGLE
- 15.5 Ag Leader Technology
- 15.6 Raven Industries
- 15.7 AGJUNCTION
- 15.8 AGCO
- 15.9 Trimble
- 15.10 Deere & Company