Precision Farming Market Size, Share, Growth and Forecast 2032

Precision Farming Market

Precision Farming Market By Offering (Hardware, Software, and Services), By Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, and Farm Labor Management): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032

Category: Technology & Media Report Format : PDF Pages: 177 Report Code: ZMR-353 Published Date: Nov-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 10.79 Billion USD 26.71 Billion 10.6% 2023

Table Of Content

  • Chapter No. 1 : Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 : Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Offering
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Precision Farming Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 : COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 : Precision Farming Market – Offering Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Offering, 2020 & 2028
    • 4.2. Hardware
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Software
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Services
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 : Precision Farming Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Yield Monitoring
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Field Mapping
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Crop Scouting
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Weather Tracking & Forecasting
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Irrigation Management
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Inventory Management
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.8. Farm Labor Management
      • 5.8.1. Market Size and Forecast, By Region (USD Billion)
      • 5.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.8.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 : Precision Farming Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Offering, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Offering, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Offering, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Offering, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Offering, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Offering, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Offering, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Offering, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Offering, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Offering, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Offering, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Offering, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Offering, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Offering, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Offering, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Offering, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Offering, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Offering, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Offering, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Offering, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Offering, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Offering, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Offering, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Offering, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Offering, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Offering, 2016 – 2028
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7 : Precision Farming Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
    • 7.3. Market Restraints
    • 7.4. Market Opportunities
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technulogy Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 : Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Precision Farming Market: Company Market Share, 2019
      • 8.1.2. Global Precision Farming Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Precision Farming Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Precision Farming Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 : Company Profiles
    • 9.1. Ag Leader Technulogy
    • 9.2. AgJunction, Inc.
    • 9.3. CropMetrics LLC
    • 9.4. Trimble, Inc.
    • 9.5. AGCO Corporation
    • 9.6. Raven Industries Inc.
    • 9.7. Deere and Company
    • 9.8. Topcon Corporation
  • Chapter No. 10 : Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 : Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures    

FIG NO. 1. Market Attractiveness Analysis, By Offering
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Precision Farming Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Offering, 2020 & 2028
FIG NO. 7. Global Precision Farming Market for Hardware, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Precision Farming Market for Hardware, By Country, 2020 & 2028
FIG NO. 9. Global Precision Farming Market for Software, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Precision Farming Market for Software, By Country, 2020 & 2028
FIG NO. 11. Global Precision Farming Market for Services, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Precision Farming Market for Services, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 14. Global Precision Farming Market for Yield Monitoring, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Precision Farming Market for Yield Monitoring, By Country, 2020 & 2028
FIG NO. 16. Global Precision Farming Market for Field Mapping, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Precision Farming Market for Field Mapping, By Country, 2020 & 2028
FIG NO. 18. Global Precision Farming Market for Crop Scouting, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Precision Farming Market for Crop Scouting, By Country, 2020 & 2028
FIG NO. 20. Global Precision Farming Market for Weather Tracking & Forecasting, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Precision Farming Market for Weather Tracking & Forecasting, By Country, 2020 & 2028
FIG NO. 22. Global Precision Farming Market for Irrigation Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Precision Farming Market for Irrigation Management, By Country, 2020 & 2028
FIG NO. 24. Global Precision Farming Market for Inventory Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Precision Farming Market for Inventory Management, By Country, 2020 & 2028
FIG NO. 26. Global Precision Farming Market for Farm Labor Management, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Precision Farming Market for Farm Labor Management, By Country, 2020 & 2028
FIG NO. 28. Global Precision Farming Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Precision Farming Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 30. Porter’s Five Forces Analysis for Global Precision Farming Market
FIG NO. 31. PEST Analysis for Global Precision Farming Market
FIG NO. 32. Pricing Analysis for Global Precision Farming Market
FIG NO. 33. Value Chain Analysis for Global Precision Farming Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. Ag Leader Technology Business Segment Revenue Share, 2020 (%)
FIG NO. 38. Ag Leader Technology Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Precision Farming Market: Snapshot
TABLE NO. 2. Quarterly Precision Farming Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Precision Farming Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Precision Farming Market for Hardware, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Precision Farming Market for Software, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Precision Farming Market for Services, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Precision Farming Market for Yield Monitoring, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Precision Farming Market for Field Mapping, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Precision Farming Market for Crop Scouting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Precision Farming Market for Weather Tracking & Forecasting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Precision Farming Market for Irrigation Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Precision Farming Market for Inventory Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Precision Farming Market for Farm Labor Management, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Precision Farming Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Precision Farming Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. U.S. Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Canada Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 23. Canada Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Mexico Precision Farming Market Revenue, By Offering, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Precision Farming Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 26. Drivers for the Precision Farming Market: Impact Analysis
TABLE NO. 27. Restraints for the Precision Farming Market: Impact Analysis
TABLE NO. 28. Major Buyers of Precision Farming
TABLE NO. 29. Distributors/Traders List of Precision Farming
TABLE NO. 30. Global Precision Farming Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 31. Global Precision Farming Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
 

Methodology

FrequentlyAsked Questions

Zion Market Research has published a report on the global Precision Farming Market, estimating its value at USD 10.79 Billion in 2023, with projections indicating that it will reach USD 26.71 Billion by 2032.

The market is expected to expand at a compound annual growth rate (CAGR) of 10.6% over the forecast period 2024-2032.

Some of the key factors driving the Global Precision Farming Market growth are Rising government backing & the expanding need for monitoring the health of crops efficiently are anticipated to propel market growth.

 

North America region held a substantial share of the Precision Farming Market in 2023. Asia Pacific to grow at a substantial rate.

Some of the major companies operating in the Precision Farming market are AgJunction, Inc., Ag Leader Technology, Trimble, Inc., CropMetrics LLC, Raven Industries Inc., AGCO Corporation, Deere and Company, Topcon Corporation, among others.

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Market InsightsOverviewGrowth FactorsSegmentation PreviewReport ScopeRegional Analysis PreviewKey Players Competitive LandscapeThe Global Market is segmented as follows:

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