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The precision farming market is forecasted to grow by USD 2.82 billion during 2023-2028, accelerating at a CAGR of 7% during the forecast period. The report on the precision farming market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for sustainable agriculture, rising demand for higher crop yields and food security, and government initiatives supporting smart agriculture practices.
The precision farming market is segmented as below:
By Technology
- Guidance technology
- Remote sensing technology
- Variable-rate technology
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the precision farming market covers the following areas:
- Precision Farming Market sizing
- Precision Farming Market forecast
- Precision Farming Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global precision farming market: AAA Taranis Visual Ltd., Abaco Spa, Ag Leader Technology, AGCO Corp., AgEagle Aerial Systems Inc., Corteva Inc., Cropin Technology Solutions Pvt. Ltd., CropX Technologies Ltd., Deere and Co., Farmers Edge Inc., Grownetics Inc., Hexagon AB, International Business Machines Corp., Spraying Systems Co., Topcon Positioning Systems Inc., Trimble Inc., TSI Inc., and Valmont Industries Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising deployment of equipment and technologies for precision farming."
According to the report, one of the major drivers for this market is the growing need for sustainable agriculture.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AAA Taranis Visual Ltd.
- Abaco Spa
- Ag Leader Technology
- AGCO Corp.
- AgEagle Aerial Systems Inc.
- Corteva Inc.
- Cropin Technology Solutions Pvt. Ltd.
- CropX Technologies Ltd.
- Deere and Co.
- Farmers Edge Inc.
- Grownetics Inc.
- Hexagon AB
- International Business Machines Corp.
- Spraying Systems Co.
- Topcon Positioning Systems Inc.
- Trimble Inc.
- TSI Inc.
- Valmont Industries Inc.
