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Agriculture Precision Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Jan 2024

Report ID: ARC1400

Pages : 250

Format : Agriculture Precision Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Precision Agriculture Market

1.1. Definition and Scope

1.1.1. Definition of Agriculture Precision

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Agriculture Precision Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Agriculture Precision Market By Component

1.2.3. Agriculture Precision Market By Technology

1.2.4. Agriculture Precision Market By Application

1.2.5. Agriculture Precision Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Agriculture Precision Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Agriculture Precision Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Precision Agriculture Market By Component

5.1. Introduction

5.2. Agriculture Precision Revenue By Component

5.2.1. Agriculture Precision Revenue (USD Billion) and Forecast, By Component, 2020-2032

5.2.2. Hardware

5.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.2. Automation & Control Systems

5.2.2.2.1. Automation & Control Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.3. Sensing Devices

5.2.2.3.1. Sensing Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.4. Antennas & Access Points

5.2.2.4.1. Antennas & Access Points Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Software

5.2.3.1. Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.2. Web-based

5.2.3.2.1. Web-based Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.3. Cloud-based

5.2.3.3.1. Cloud-based Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Service

5.2.4.1. Service Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.2. System Integration & Consulting

5.2.4.2.1. System Integration & Consulting Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.3. Maintenance & Support

5.2.4.3.1. Maintenance & Support Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.4. Managed Services

5.2.4.4.1. Managed Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.5. Assisted Professional Services

5.2.4.5.1. Assisted Professional Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Precision Agriculture Market By Technology

6.1. Introduction

6.2. Agriculture Precision Revenue By Technology

6.2.1. Agriculture Precision Revenue (USD Billion) and Forecast, By Technology, 2020-2032

6.2.2. Guidance Technology

6.2.2.1. Guidance Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.2. GPS/GNSS-Based Guidance Technology

6.2.2.2.1. GPS/GNSS-Based Guidance Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.3. GIS-based Guidance Technology

6.2.2.3.1. GIS-based Guidance Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Remote Sensing Technology

6.2.3.1. Remote Sensing Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3.2. Handheld or Ground-based Sensing

6.2.3.2.1. Handheld or Ground-based Sensing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3.3. Satellite or Aerial Sensing

6.2.3.3.1. Satellite or Aerial Sensing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4. Variable-Rate Technology

6.2.4.1. Variable-Rate Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4.2. Map-based VRT

6.2.4.2.1. Map-based VRT Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4.3. Sensor-based VRT

6.2.4.3.1. Sensor-based VRT Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Agriculture Precision Market By Application

7.1. Introduction

7.2. Agriculture Precision Revenue By Application

7.2.1. Agriculture Precision Revenue (USD Billion) and Forecast, By Application, 2020-2032

7.2.2. Yield Monitoring

7.2.2.1. Yield Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Field MappingTelematics

7.2.3.1. Field MappingTelematics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Crop Scouting

7.2.4.1. Crop Scouting Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.5. Weather Tracking & Forecasting

7.2.5.1. Weather Tracking & Forecasting Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.6. Inventory Management

7.2.6.1. Inventory Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.7. Farm Labor Management

7.2.7.1. Farm Labor Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.8. Others

7.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. North America Agriculture Precision Market By Country 

8.1. North America Agriculture Precision Market Overview

8.2. U.S.

8.2.1. U.S. Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

8.2.2. U.S. Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.2.3. U.S. Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

8.3. Canada

8.3.1. Canada Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

8.3.2. Canada Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.3.3. Canada Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

8.4. North America PEST Analysis

CHAPTER 9. Europe Agriculture Precision Market By Country

9.1. Europe Agriculture Precision Market Overview

9.2. U.K.

9.2.1. U.K. Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

9.2.2. U.K. Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.2.3. U.K. Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

9.3. Germany

9.3.1. Germany Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

9.3.2. Germany Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.3.3. Germany Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

9.4. France

9.4.1. France Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

9.4.2. France Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.4.3. France Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

9.5. Spain

9.5.1. Spain Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

9.5.2. Spain Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.5.3. Spain Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

9.6.2. Rest of Europe Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.6.3. Rest of Europe Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Agriculture Precision Market By Country

10.1. Asia Pacific Agriculture Precision Market Overview

10.2. China

10.2.1. China Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.2. China Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.2.3. China Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.3. Japan

10.3.1. Japan Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.2. Japan Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.3.3. Japan Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.4. India

10.4.1. India Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.4.2. India Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.4.3. India Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.5. Australia

10.5.1. Australia Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.5.2. Australia Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.5.3. Australia Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.6. South Korea

10.6.1. South Korea Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.6.2. South Korea Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.6.3. South Korea Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

10.7.2. Rest of Asia-Pacific Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.7.3. Rest of Asia-Pacific Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Agriculture Precision Market By Country

11.1. Latin America Agriculture Precision Market Overview

11.2. Brazil

11.2.1. Brazil Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.2. Brazil Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.2.3. Brazil Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

11.3. Mexico

11.3.1. Mexico Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.2. Mexico Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.3.3. Mexico Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.2. Rest of Latin America Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.4.3. Rest of Latin America Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Agriculture Precision Market By Country 

12.1. Middle East & Africa Agriculture Precision Market Overview

12.2. GCC

12.2.1. GCC Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.2. GCC Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.2.3. GCC Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

12.3. South Africa

12.3.1. South Africa Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.2. South Africa Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.3.3. South Africa Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Agriculture Precision Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.2. Rest of Middle East & Africa Agriculture Precision Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.4.3. Rest of Middle East & Africa Agriculture Precision Revenue (USD Billion) and Forecast By Application, 2020-2032

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Agriculture Precision Market

13.1. Agriculture Precision Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Agriculture Precision Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. Deere and Company

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2022

14.1.3.2. Deere and Company 2022 Agriculture Precision Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. The Climate Corporation

14.3. Trimble Inc.

14.4. AGCO Corporation

14.5. Ag Leader Technology

14.6. Raven Industries Inc.

14.7. Topcon Corporation

14.8. Farmers Edge Inc.

14.9. AgJunction Inc.

14.10. CropMetrics LLC

14.11. AgEagle Aerial Systems Inc. (Agribotix LLC)

14.12. DICKEY-john Corporation

14.13. Grownetics Inc.

14.14. Proagrica (SST Development Group Inc.)

Frequently Asked Questions

How big is the agriculture precision market?

The agriculture precision market size was reported USD 9.2 Billion in 2022.

What is the CAGR of the global precision agriculture market from 2023 to 2032?

The CAGR of precision agriculture market is 13.3% during the analysis period of 2023 to 2032.

Which are the key players in the agriculture precision market?

The key players operating in the global market are including Deere and Company, The Climate Corporation, Trimble Inc., AGCO Corporation, Ag Leader Technology, Raven Industries Inc., Topcon Corporation, Farmers Edge Inc., AgJunction Inc., CropMetrics LLC, AgEagle Aerial Systems Inc. (Agribotix LLC), DICKEY-john Corporation, Grownetics Inc., and Proagrica (SST Development Group Inc.).

Which region dominated the global precision agriculture market share?

North America held the dominating position in precision agriculture industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of agriculture precision during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global agriculture precision industry?

The current trends and dynamics in the agriculture precision industry include increasing adoption of precision farming techniques, advancements in technology for precision agriculture, growing global population and food demand, and government initiatives promoting sustainable farming practices.

Which component held the maximum share in 2022?

The hardware component held the maximum share of the agriculture precision industry.

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