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Asia Pacific Precision Farming Market Size, Share & Industry Trends Analysis Report By Technology, By Offering, By Application, By Country and Growth Forecast, 2021-2027

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    Report

  • 135 Pages
  • March 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590417
The Asia Pacific Precision Farming Market is expected to witness market growth of 7.9% CAGR during the forecast period (2021 2027).

Many technologies like IoT, GPS, and remote sensing application control are employed to gain a thorough grasp of various farming features such as irrigation and ploughing. Farmers can use the Internet of Things (IoT) to help them overcome various crop monitoring challenges. It uses agricultural sensors to provide real-time data on the environmental temperature and soil water content, allowing farmers to make better decisions about harvesting times, crop market rates, and soil management.

Crop production is limited by a number of factors, including the depletion of natural resources and environmental degradation. As environmental concerns develop, farmers are changing their emphasis to sustainable agriculture practices like natural resource preservation. This has increased the demand for improved crop nutrition and protection, which has boosted the precision farming business. Vertical farms with smart designs to increase harvests and prevent waste, for example, have helped the market to grow further.

In emerging nations like India, Sri Lanka, and others, numerous government projects are underway to stimulate the adoption of sophisticated precision farming methods, hence increasing production. In September 2017, China and Israel inked a $300 million trade agreement to boost the sale of environmentally friendly Israeli technologies to China. In addition, Farmers can also get appropriate knowledge about the proper usage and maintenance of precision agricultural equipment thanks to an effective administrative structure.

Due to strong economic growth and continued development in the agriculture sector, Asia-Pacific is expected to be a promising market for global players, driving companies to invest extensively in the precision farming market to sustain growth and enhance productivity. Moreover, factors such as the big shift toward digital transformation, the rise in cloud deployment, technical improvement among farming operations, and the ongoing modernization of the agriculture sector fuel considerable investment in emerging countries.

The China market dominated the Asia Pacific Precision Farming Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $800.6 million by 2027. The Japan market is anticipated to grow at a CAGR of 7.2% during (2021 - 2027). Additionally, The India market is expected to experience a CAGR of 8.5% during (2021 - 2027).

Based on Technology, the market is segmented into Guidance Technology, Remote Sensing Technology, Variable Rate Technology. Based on Offering, the market is segmented into Hardware (Automation & Control Systems and Sensing & Monitoring Devices), Software (Local/Web-based and Cloud-based), and Services. Based on Application, the market is segmented into Yield Monitoring, Field Mapping, Weather Tracking & Forecasting, Variable Rate Application, Crop Scouting, Inventory Management, Farm Labour Management, Financial Management and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Trimble, Inc., CNH Industrial N.V., AgEagle Aerial Systems, Inc., Topcon Corporation (Topcon Positioning Systems, Inc.), Hexagon AB (Hexagon Agriculture), CropX, Inc., CropIn Technology Solutions Private Limited, Telus International, Inc., Deere & Company, and AGCO Corporation.

Scope of the Study


Market Segments Covered in the Report:


By Technology

  • Guidance Technology
  • Remote Sensing Technology
  • Variable Rate Technology

By Offering

  • Hardware
  • Automation & Control Systems
  • Sensing & Monitoring Devices
  • Software
  • Local/Web-based
  • Cloud-based
  • Services

By Application

  • Yield Monitoring
  • Field Mapping
  • Weather Tracking & Forecasting
  • Variable Rate Application
  • Crop Scouting
  • Inventory Management
  • Farm Labor Management
  • Financial Management
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:

  • Trimble, Inc.
  • CNH Industrial N.V.
  • AgEagle Aerial Systems, Inc.
  • Topcon Corporation (Topcon Positioning Systems, Inc.)
  • Hexagon AB (Hexagon Agriculture)
  • CropX, Inc.
  • CropIn Technology Solutions Private Limited
  • Telus International, Inc.
  • Deere & Company
  • AGCO Corporation

Unique Offerings from the publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Precision Farming Market, by Technology
1.4.2 Asia Pacific Precision Farming Market, by Offering
1.4.3 Asia Pacific Precision Farming Market, by Application
1.4.4 Asia Pacific Precision Farming Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Publisher Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, May - 2022, Feb) Leading Players
Chapter 4. Asia Pacific Precision Farming Market by Technology
4.1 Asia Pacific Guidance Technology Market by Country
4.2 Asia Pacific Remote Sensing Technology Market by Country
4.3 Asia Pacific Variable Rate Technology Market by Country
Chapter 5. Asia Pacific Precision Farming Market by Offering
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Precision Farming Market by Hardware Type
5.2.1 Asia Pacific Automation & Control Systems Market by Country
5.2.2 Asia Pacific Sensing & Monitoring Devices Market by Country
5.3 Asia Pacific Software Market by Country
5.4 Asia Pacific Precision Farming Market by Software Type
5.4.1 Asia Pacific Local/Web-based Market by Country
5.4.2 Asia Pacific Cloud-based Market by Country
5.5 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific Precision Farming Market by Application
6.1 Asia Pacific Yield Monitoring Market by Country
6.2 Asia Pacific Field Mapping Market by Country
6.3 Asia Pacific Weather Tracking & Forecasting Market by Country
6.4 Asia Pacific Variable Rate Application Market by Country
6.5 Asia Pacific Crop Scouting Market by Country
6.6 Asia Pacific Inventory Management Market by Country
6.7 Asia Pacific Farm Labor Management Market by Country
6.8 Asia Pacific Financial Management Market by Country
6.9 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Precision Farming Market by Country
7.1 China Precision Farming Market
7.1.1 China Precision Farming Market by Technology
7.1.2 China Precision Farming Market by Offering
7.1.2.1 China Precision Farming Market by Hardware Type
7.1.2.2 China Precision Farming Market by Software Type
7.1.3 China Precision Farming Market by Application
7.2 Japan Precision Farming Market
7.2.1 Japan Precision Farming Market by Technology
7.2.2 Japan Precision Farming Market by Offering
7.2.2.1 Japan Precision Farming Market by Hardware Type
7.2.2.2 Japan Precision Farming Market by Software Type
7.2.3 Japan Precision Farming Market by Application
7.3 India Precision Farming Market
7.3.1 India Precision Farming Market by Technology
7.3.2 India Precision Farming Market by Offering
7.3.2.1 India Precision Farming Market by Hardware Type
7.3.2.2 India Precision Farming Market by Software Type
7.3.3 India Precision Farming Market by Application
7.4 South Korea Precision Farming Market
7.4.1 South Korea Precision Farming Market by Technology
7.4.2 South Korea Precision Farming Market by Offering
7.4.2.1 South Korea Precision Farming Market by Hardware Type
7.4.2.2 South Korea Precision Farming Market by Software Type
7.4.3 South Korea Precision Farming Market by Application
7.5 Singapore Precision Farming Market
7.5.1 Singapore Precision Farming Market by Technology
7.5.2 Singapore Precision Farming Market by Offering
7.5.2.1 Singapore Precision Farming Market by Hardware Type
7.5.2.2 Singapore Precision Farming Market by Software Type
7.5.3 Singapore Precision Farming Market by Application
7.6 Malaysia Precision Farming Market
7.6.1 Malaysia Precision Farming Market by Technology
7.6.2 Malaysia Precision Farming Market by Offering
7.6.2.1 Malaysia Precision Farming Market by Hardware Type
7.6.2.2 Malaysia Precision Farming Market by Software Type
7.6.3 Malaysia Precision Farming Market by Application
7.7 Rest of Asia Pacific Precision Farming Market
7.7.1 Rest of Asia Pacific Precision Farming Market by Technology
7.7.2 Rest of Asia Pacific Precision Farming Market by Offering
7.7.2.1 Rest of Asia Pacific Precision Farming Market by Hardware Type
7.7.2.2 Rest of Asia Pacific Precision Farming Market by Software Type
7.7.3 Rest of Asia Pacific Precision Farming Market by Application
Chapter 8. Company Profiles
8.1 Hexagon AB (Hexagon Agriculture)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 AgEagle Aerial Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Research & Development Expenses
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisition and Mergers:
8.3 Topcon Corporation (Topcon Positioning Systems, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Product Launches and Product Expansions:
8.4 Trimble, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.5 TELUS International, Inc. (TELUS Agriculture)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Product Launches and Product Expansions:
8.5.4.3 Acquisition and Mergers:
8.6 CNH Industrial N.V.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.7 Deere & Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.8 AGCO Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.8.4.2 Acquisition and Mergers:
8.9 CropIn Technology Solutions Private Limited
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. CropX, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:

Companies Mentioned

  • Trimble, Inc.
  • CNH Industrial N.V.
  • AgEagle Aerial Systems, Inc.
  • Topcon Corporation (Topcon Positioning Systems, Inc.)
  • Hexagon AB (Hexagon Agriculture)
  • CropX, Inc.
  • CropIn Technology Solutions Private Limited
  • Telus International, Inc.
  • Deere & Company
  • AGCO Corporation

Methodology

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