+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Precision Agriculture Market - Analysis and Forecast, 2022-2027

  • PDF Icon

    Report

  • 166 Pages
  • November 2023
  • Region: Europe
  • BIS Research
  • ID: 5909476
10% Free customization
Description Jump to:
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Europe precision agriculture market (excluding U.K.) was valued at $ 2.47 billion in 2022 and is expected to reach $ 4.36 billion by 2027, following a CAGR of 12.02% during 2022-2027. More demand for greater crop yields and more investment in climate-smart agricultural methods are anticipated to propel the growth of the worldwide precision agriculture market.

Market Introduction

In Europe, precision agriculture is a modern method of farming and farm management that uses information technology to accurately supply nutrients to soils and plants for maximum health and productivity. Environmental protection, sustainability, and profitability are the main objectives of precision agriculture. The precision agriculture sector, also known as demand farming, satellite farming, precision agriculture, and site-specific crop management (SSCM), depends on sophisticated machinery, IT services, and software. In Europe, the use of precision agriculture technologies has raised agricultural output while supporting sustainable development goals. In addition to improving production and efficiency, these technologies also help with cost-cutting, water conservation, pest identification, animal health, and sustainability in general. Moreover, precision agriculture aids farmers in gaining a deeper understanding of critical factors such as water availability, topography, orientation, vegetation, and soil types.

Market Segmentation:

Segmentation 1: by Application

  • Field Monitoring
  • Crop Forecasting
  • Precision Planting
  • Precision Spraying
  • Precision Fertilization
  • Precision Irrigation
  • Farm Management
  • Others
The europe precision agriculture market in the application segment is expected to be dominated by precision irrigation applications. This is owing to the rise in awareness towards use of water efficiently and reduce the wastage of nutrients, water, and chemicals. In addition, rise in demand for advanced irrigation systems paired with soil and water sensors are expected to generate higher returns than traditional irrigation systems.

Segmentation 2: by Product

  • Hardware Systems
  • Software
  • Services
The hardware systems segment is estimated to capture highest market share during the period 2022 to 2027. The hardware equipment is increasingly used in the various farming operations. In addition, Hardware solutions in precision agriculture include automation and control solutions, sensing and navigation solutions, and other hardware solutions such as probes and analysers. The rising demand for hardware solutions is because of the widespread use of yield monitors, handheld computers and mobiles, and agriculture cameras.

Segmentation 3: by Function

  • Farm Management
  • Field Management
  • Fleet Management
The field management captures major market share due to the usage of hardware such as sensors, drones, nozzles, cameras, smartphones, and tasks such as planting, spraying, fertilizing, and irrigation, among other activities. In addition, the field management software integrates sensor data and imaging input with other data, allowing farmers to identify fields that require treatment and verify the optimum amount of water, fertilizers, and pesticides to apply.

Segmentation 4: by Farm Produce

  • Field Crops
  • Permanent Crops
  • Others
Field crops capture a significant market share in the Europe precision agriculture market because these crops are grown for large-scale consumption. This is followed by permanent crops, which include fruits, vegetables, and nuts, among others.

Segmentation 5: by Technology

  • Guidance Technology
  • Sensing Technology
  • Variable Rate Application Technology
  • Data Analytics and Intelligence
  • Others

Segmentation 6: by Country

  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Denmark
  • Rest-of-Europe

How This Report Can Add Value to End Users

Product/Innovation Strategy: The product segment helps the reader understand the different types of hardware systems, software, and services available in the precision agriculture applications. Moreover, the study provides the reader a detailed understanding of the different product types by applications (field monitoring, crop forecasting, precision planting, precision spraying, precision fertilization, precision irrigation, farm management, and others). Hardware solutions such as automation & control systems, sensing & navigation systems, and indoor farming equipment are most widely used in modern agriculture practices. Therefore, the Europe precision agriculture market is a moderate investment and high revenue generating product in the coming years owing to the rise in investment towards climate smart agriculture practices across the globe.

Growth/Marketing Strategy: The Europe precision agriculture market has seen major development by key players operating in the market, such as partnership, joint ventures, collaborations, and product developments. The favoured strategy for the companies has been partnership, joint venture, collaborations, and alliances to strengthen their positions in the precision agriculture market.

Competitive Strategy: Key players in the Europe precision agriculture market analysed and profiled in the study involve hardware systems and software manufacturers that are engaged in providing advanced precision agriculture solutions to farmers and other agriculture service companies. Moreover, a detailed competitive benchmarking of the players operating in the Europe precision agriculture market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Some of the prominent names established in this market are:

  • CLAAS Group
  • CNH Industrial N.V.
  • Accenture
  • AGRIVI
  • Amazon Web Services, Inc.
  • BASF SE


This product will be delivered within 3-5 business days.

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Market Definition
1.1.2 Trends: Current and Future
1.1.2.1 Increasing Requirement for Crop Yield
1.1.2.2 Increasing Demand to Combat Climate Change
1.1.3 Impact of Key Enabling Technologies on Farming Ecosystem
1.1.3.1 Sensing Technology and IoT
1.1.3.2 Artificial Intelligence and Analytics
1.1.3.3 GNSS
1.1.3.4 Smart Machinery
1.1.3.4.1 Drones
1.1.3.4.2 Robots
1.1.3.4.3 Autonomous Tractors
1.1.4 Ecosystem/Ongoing Programs
1.1.4.1 Consortiums and Associations
1.1.4.2 Regulatory Bodies
1.1.4.3 Government Programs
1.1.5 Agriculture Drone Market
1.1.6 Agriculture Robot Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increasing Demand for Food Production
1.2.1.2 Need for Automation of Workforce in Agriculture
1.2.1.3 Surging Investment and Support in Climate-Smart Agriculture Practices
1.2.1.4 Need for Input Optimization in Agriculture
1.2.2 Business Challenges
1.2.2.1 High Initial Investment
1.2.2.2 Threat to Data Security and Privacy
1.2.2.3 Lack of Awareness and IT Infrastructure in Developing Regions
1.2.3 Market Strategies and Developments
1.2.3.1 Business Strategies
1.2.3.1.1 Product Developments and Innovations
1.2.3.1.2 Market Developments
1.2.3.2 Corporate Strategies
1.2.3.2.1 Mergers and Acquisitions
1.2.3.2.2 Partnerships, Collaborations, and Joint Ventures
1.2.3.3 Others
1.2.4 Business Opportunities
1.2.4.1 Integration of Emerging Technologies with Existing Practices
1.2.4.2 Integral Offerings with Horizontal Integration in Farming
1.2.4.3 Growth in 5G Network for Remote Monitoring
1.2.4.4 Increasing Adoption of Modern Technologies in Agriculture
1.3 Startup Landscape
1.3.1 Key Startups in the Ecosystem
1.3.2 Funding Analysis
1.3.2.1 Total Investments and Number of Funding Deals
1.3.2.2 Top Funding Deals by the Startups
1.3.2.3 Funding Analysis by Country
1.3.2.4 Top Investors
1.3.3 Future Investment Trends in the Precision Agriculture Startup Ecosystem s
1.4 Impact of COVID-19 on the Precision Agriculture Market
1.5 Impact of Russia-Ukraine Crisis on the Precision Agriculture Market
2 Region
2.1 Europe
2.1.1 Market
2.1.1.1 Buyer Attributes
2.1.1.2 Key Providers in Europe
2.1.1.3 Business Challenges
2.1.1.4 Business Drivers
2.1.2 Application
2.1.2.1 Europe Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.2.2 Europe Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.2.3 Europe Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.3 Product
2.1.3.1 Europe Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.3.2 Europe Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.3.3 Europe Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.3.4 Europe Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.3.5 Europe Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4 Europe (by Country)
2.1.4.1 Germany
2.1.4.1.1 Market
2.1.4.1.1.1 Buyer Attributes
2.1.4.1.1.2 Business Challenges
2.1.4.1.1.3 Business Drivers
2.1.4.1.2 Application
2.1.4.1.2.1 Germany Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.1.2.2 Germany Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.1.2.3 Germany Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.1.3 Product
2.1.4.1.3.1 Germany Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.1.3.2 Germany Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.1.3.3 Germany Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.1.3.4 Germany Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.1.3.5 Germany Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.2 France
2.1.4.2.1 Market
2.1.4.2.1.1 Buyer Attributes
2.1.4.2.1.2 Business Challenges
2.1.4.2.1.3 Business Drivers
2.1.4.2.2 Application
2.1.4.2.2.1 France Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.2.2.2 France Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.2.2.3 France Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.2.3 Product
2.1.4.2.3.1 France Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.2.3.2 France Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.2.3.3 France Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.2.3.4 France Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.2.3.5 France Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.3 Netherlands
2.1.4.3.1 Market
2.1.4.3.1.1 Buyer Attributes
2.1.4.3.1.2 Business Challenges
2.1.4.3.1.3 Business Drivers
2.1.4.3.2 Application
2.1.4.3.2.1 Netherlands Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.3.2.2 Netherlands Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.3.2.3 Netherlands Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.3.3 Product
2.1.4.3.3.1 Netherlands Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.3.3.2 Netherlands Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.3.3.3 Netherlands Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.3.3.4 Netherlands Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.3.3.5 Netherlands Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.4 Italy
2.1.4.4.1 Market
2.1.4.4.1.1 Buyer Attributes
2.1.4.4.1.2 Business Challenges
2.1.4.4.1.3 Business Drivers
2.1.4.4.2 Application
2.1.4.4.2.1 Italy Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.4.2.2 Italy Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.4.2.3 Italy Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.4.3 Product
2.1.4.4.3.1 Italy Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.4.3.2 Italy Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.4.3.3 Italy Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.4.3.4 Italy Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.4.3.5 Italy Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.5 Spain
2.1.4.5.1 Market
2.1.4.5.1.1 Buyer Attributes
2.1.4.5.1.2 Business Challenges
2.1.4.5.1.3 Business Drivers
2.1.4.5.2 Application
2.1.4.5.2.1 Spain Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.5.2.2 Spain Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.5.2.3 Spain Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.5.3 Product
2.1.4.5.3.1 Spain Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.5.3.2 Spain Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.5.3.3 Spain Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.5.3.4 Spain Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.5.3.5 Spain Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.6 Denmark
2.1.4.6.1 Market
2.1.4.6.1.1 Buyer Attributes
2.1.4.6.1.2 Business Challenges
2.1.4.6.1.3 Business Drivers
2.1.4.6.2 Application
2.1.4.6.2.1 Denmark Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.6.2.2 Denmark Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.6.2.3 Denmark Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.6.3 Product
2.1.4.6.3.1 Denmark Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.6.3.2 Denmark Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.6.3.3 Denmark Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.6.3.4 Denmark Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.6.3.5 Denmark Precision Agriculture Market (by Software), $Million, 2021-2027
2.1.4.7 Rest-of-Europe
2.1.4.7.1 Market
2.1.4.7.1.1 Buyer Attributes
2.1.4.7.1.2 Business Challenges
2.1.4.7.1.3 Business Drivers
2.1.4.7.2 Application
2.1.4.7.2.1 Rest-of-Europe Precision Agriculture Market (by Application), $Million, 2021-2027
2.1.4.7.2.2 Rest-of-Europe Precision Agriculture Market (by Function), $Million, 2021-2027
2.1.4.7.2.3 Rest-of-Europe Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.1.4.7.3 Product
2.1.4.7.3.1 Rest-of-Europe Precision Agriculture Market (by Technology), $Million, 2021-2027
2.1.4.7.3.2 Rest-of-Europe Precision Agriculture Market (by Product), $Million, 2021-2027
2.1.4.7.3.3 Rest-of-Europe Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.1.4.7.3.4 Rest-of-Europe Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.1.4.7.3.5 Rest-of-Europe Precision Agriculture Market (by Software), $Million, 2021-2027
2.2 U.K.
2.2.1 Market
2.2.1.1 Buyer Attributes
2.2.1.2 Key Providers in the U.K.
2.2.1.3 Business Challenges
2.2.1.4 Business Drivers
2.2.2 Application
2.2.2.1 U.K. Precision Agriculture Market (by Application), $Million, 2021-2027
2.2.2.2 U.K. Precision Agriculture Market (by Function), $Million, 2021-2027
2.2.2.3 U.K. Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
2.2.3 Product
2.2.3.1 U.K. Precision Agriculture Market (by Technology), $Million, 2021-2027
2.2.3.2 U.K. Precision Agriculture Market (by Product), $Million, 2021-2027
2.2.3.3 U.K. Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
2.2.3.4 U.K. Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
2.2.3.5 U.K. Precision Agriculture Market (by Software), $Million, 2021-2027
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Precision Agriculture Equipment Manufacturers
3.1.2 Precision Agriculture Software and Service Providers
3.2 Market Share Analysis
3.2.1 Market Share Analysis of Precision Agriculture Equipment Manufacturers
3.2.2 Market Share Analysis of Precision Agriculture Software and Service Providers
3.2.3 Market Ranking Analysis of Precision Agriculture Companies (B2B)
3.2.4 Market Ranking Analysis of Precision Agriculture Companies (B2C)
3.3 Company Profiles
3.3.1 Precision Agriculture Equipment Manufacturers
3.3.1.1 CLAAS Group
3.3.1.1.1 Company Overview
3.3.1.1.1.1 Role of CLAAS Group in the Precision Agriculture Market
3.3.1.1.1.2 Product Portfolio
3.3.1.1.2 Business Strategies
3.3.1.1.2.1 Product Developments
3.3.1.1.3 Corporate Strategies
3.3.1.1.3.1 Mergers and Acquisitions
3.3.1.1.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
3.3.1.1.4 Analyst View
3.3.1.2 CNH Industrial N.V.
3.3.1.2.1 Company Overview
3.3.1.2.1.1 Role of CNH Industrial N.V. in the Precision Agriculture Market
3.3.1.2.1.2 Product Portfolio
3.3.1.2.2 Business Strategies
3.3.1.2.2.1 Product Developments
3.3.1.2.2.2 Business Expansions
3.3.1.2.3 Corporate Strategies
3.3.1.2.3.1 Mergers and Acquisitions
3.3.1.2.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
3.3.1.2.4 Analyst View
3.3.2 Precision Agriculture Software and Service Providers
3.3.2.1 Accenture
3.3.2.1.1 Company Overview
3.3.2.1.1.1 Role of Accenture in the Precision Agriculture Market
3.3.2.1.1.2 Product Portfolio
3.3.2.1.2 Business Strategies
3.3.2.1.2.1 Business Expansions
3.3.2.1.3 Corporate Strategies
3.3.2.1.3.1 Mergers and Acquisitions
3.3.2.1.4 Analyst View
3.3.2.2 AGRIVI
3.3.2.2.1 Company Overview
3.3.2.2.1.1 Role of AGRIVI in the Precision Agriculture Market
3.3.2.2.1.2 Product Portfolio
3.3.2.2.2 Business Strategies
3.3.2.2.2.1 Product Developments
3.3.2.2.2.2 Business Expansions
3.3.2.2.3 Corporate Strategies
3.3.2.2.3.1 Mergers and Acquisitions
3.3.2.2.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
3.3.2.2.4 Analyst View
3.3.2.3 Amazon Web Services, Inc.
3.3.2.3.1 Company Overview
3.3.2.3.1.1 Role of Amazon Web Services, Inc. in the Precision Agriculture Market
3.3.2.3.1.2 Product Portfolio
3.3.2.3.2 Business Strategies
3.3.2.3.2.1 Product Developments
3.3.2.3.2.2 Business Expansions
3.3.2.3.3 Corporate Strategies
3.3.2.3.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
3.3.2.3.4 Analyst View
3.3.2.4 BASF SE
3.3.2.4.1 Company Overview
3.3.2.4.1.1 Role of BASF SE in the Precision Agriculture Market
3.3.2.4.1.2 Product Portfolio
3.3.2.4.2 Business Strategies
3.3.2.4.2.1 Product Developments
3.3.2.4.2.2 Business Expansions
3.3.2.4.3 Corporate Strategies
3.3.2.4.3.1 Mergers and Acquisitions
3.3.2.4.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
3.3.2.4.4 Analyst View
4 Research Methodology
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Precision Agriculture Market, $Million, 2021-2027
Figure 2: Market Dynamics of the Precision Agriculture Market
Figure 3: Precision Agriculture Market (by Application), $Million, 2021-2027
Figure 4: Precision Agriculture Market (by Function), $Million, 2021-2027
Figure 5: Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Figure 6: Precision Agriculture Market (by Technology), $Million, 2021-2027
Figure 7: Precision Agriculture Market (by Product), $Million, 2021-2027
Figure 8: Precision Agriculture Market (by Region), $Million, 2021
Figure 9: Estimation of Population and Agricultural Land, 1991-2021
Figure 10: Estimation of IoT Projects by Applications, 2022
Figure 11: Estimation of GNSS Installation Base by Applications, 2021 and 2031
Figure 12: Precision Agriculture Market Ecosystem
Figure 13: Agriculture Drone Market (by Revenue), $Billion, 2021-2027
Figure 14: Agriculture Robot Market (by Revenue), $Billion, 2021-2027
Figure 15: Employment in Agriculture (Percentage of Total Employment), 2015-2019
Figure 16: Share of Agricultural Land by Small Farms
Figure 17: Internet Penetration % of Total Population by Region
Figure 18: Share of Key Market Strategies and Developments, January 2019-AugustWH 2022
Figure 19: Share of Product Developments and Innovations (by Company), January 2019-August 2022
Figure 20: Share of Market Developments (by Company), January 2019-August 2022
Figure 21: Share of Mergers and Acquisitions (by Company), January 2019-August 2022
Figure 22: Share of Partnerships, Collaborations, and Joint Ventures (by Company), January 2019-August 2022
Figure 23: Other Investments (by Company), January 2019-August 2022
Figure 24: Applications of 5G in Agricultural Operations
Figure 25: Total Investment and Number of Funding Deals, January 2018-August 2022
Figure 26: Country-Wise Funding Share in the Precision Agriculture Market, 2021
Figure 27: Top Investors in the Precision Agriculture Market, 2021
Figure 28: COVID-19 Impact on the Precision Agriculture Market
Figure 29: Russia-Ukraine War Impact on the Precision Agriculture Market
Figure 30: Competitive Market High and Low Matrix for Precision Agriculture Equipment Manufacturers
Figure 31: Competitive Market High and Low Matrix for Precision Agriculture Software and Service Providers
Figure 32: Market Share Analysis of Precision Agriculture Equipment Manufacturers, 2021
Figure 33: Share Analysis of Precision Agriculture Software and Service Providers, 2021
Figure 34: Precision Agriculture Market: Research Methodology
Figure 35: Data Triangulation
Figure 36: Top-Down and Bottom-Up Approach
Figure 37: Assumptions and Limitations
List of Tables
Table 1: Key Consortiums and Associations in the Precision Agriculture Market
Table 2: Key Regulatory Frameworks
Table 3: Government Initiatives to Promote Precision Agriculture
Table 4: Classification of Drones in the Precision Agriculture Market
Table 5: Major Market Players providing Drones in the Precision Agriculture Market
Table 6: Types of Robots in the Precision Agriculture Market
Table 7: Key Market Players Providing Robots in the Precision Agriculture Market
Table 8: Precision Agriculture Benefits
Table 9: Estimated Investment Costs and Service Contracts for Precision Agriculture Technologies
Table 10: Key Startups in the Precision Agriculture Market
Table 11: Top Funding Deals by the Startups in the Precision Agriculture Market, 2021
Table 12: Future Investment Trends in the Precision Agriculture Startup Ecosystem by Regions or Countries
Table 13: Precision Agriculture Market (by Region), $Million, 2021-2027
Table 14: Europe Precision Agriculture Market (by Application), $Million, 2021-2027
Table 15: Europe Precision Agriculture Market (by Function), $Million, 2021-2027
Table 16: Europe Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 17: Europe Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 18: Europe Precision Agriculture Market (by Product), $Million, 2021-2027
Table 19: Europe Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 20: Europe Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 21: Europe Precision Agriculture Market (by Software), $Million, 2021-2027
Table 22: Europe Precision Agriculture Market (by Country), $Million, 2021-2027
Table 23: Germany Precision Agriculture Market (by Application), $Million, 2021-2027
Table 24: Germany Precision Agriculture Market (by Function), $Million, 2021-2027
Table 25: Germany Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 26: Germany Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 27: Germany Precision Agriculture Market (by Product), $Million, 2021-2027
Table 28: Germany Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 29: Germany Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 30: Germany Precision Agriculture Market (by Software), $Million, 2021-2027
Table 31: France Precision Agriculture Market (by Application), $Million, 2021-2027
Table 32: France Precision Agriculture Market (by Function), $Million, 2021-2027
Table 33: France Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 34: France Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 35: France Precision Agriculture Market (by Product), $Million, 2021-2027
Table 36: France Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 37: France Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 38: France Precision Agriculture Market (by Software), $Million, 2021-2027
Table 39: Netherlands Precision Agriculture Market (by Application), $Million, 2021-2027
Table 40: Netherlands Precision Agriculture Market (by Function), $Million, 2021-2027
Table 41: Netherlands Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 42: Netherlands Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 43: Netherlands Precision Agriculture Market (by Product), $Million, 2021-2027
Table 44: Netherlands Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 45: Netherlands Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 46: Netherlands Precision Agriculture Market (by Software), $Million, 2021-2027
Table 47: Italy Precision Agriculture Market (by Application), $Million, 2021-2027
Table 48: Italy Precision Agriculture Market (by Function), $Million, 2021-2027
Table 49: Italy Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 50: Italy Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 51: Italy Precision Agriculture Market (by Product), $Million, 2021-2027
Table 52: Italy Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 53: Italy Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 54: Italy Precision Agriculture Market (by Software), $Million, 2021-2027
Table 55: Spain Precision Agriculture Market (by Application), $Million, 2021-2027
Table 56: Spain Precision Agriculture Market (by Function), $Million, 2021-2027
Table 57: Spain Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 58: Spain Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 59: Spain Precision Agriculture Market (by Product), $Million, 2021-2027
Table 60: Spain Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 61: Spain Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 62: Spain Precision Agriculture Market (by Software), $Million, 2021-2027
Table 63: Denmark Precision Agriculture Market (by Application), $Million, 2021-2027
Table 64: Denmark Precision Agriculture Market (by Function), $Million, 2021-2027
Table 65: Denmark Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 66: Denmark Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 67: Denmark Precision Agriculture Market (by Product), $Million, 2021-2027
Table 68: Denmark Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 69: Denmark Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 70: Denmark Precision Agriculture Market (by Software), $Million, 2021-2027
Table 71: Rest-of-Europe Precision Agriculture Market (by Application), $Million, 2021-2027
Table 72: Rest-of-Europe Precision Agriculture Market (by Function), $Million, 2021-2027
Table 73: Rest-of-Europe Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 74: Rest-of-Europe Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 75: Rest-of-Europe Precision Agriculture Market (by Product), $Million, 2021-2027
Table 76: Rest-of-Europe Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 77: Rest-of-Europe Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 78: Rest-of-Europe Precision Agriculture Market (by Software), $Million, 2021-2027
Table 79: U.K. Precision Agriculture Market (by Application), $Million, 2021-2027
Table 80: U.K. Precision Agriculture Market (by Function), $Million, 2021-2027
Table 81: U.K. Precision Agriculture Market (by Farm Produce), $Million, 2021-2027
Table 82: U.K. Precision Agriculture Market (by Technology), $Million, 2021-2027
Table 83: U.K. Precision Agriculture Market (by Product), $Million, 2021-2027
Table 84: U.K. Precision Agriculture Market (by Hardware Systems), $Million, 2021-2027
Table 85: U.K. Precision Agriculture Market (by Hardware Systems), By Volume, Thousand Unit, 2021-2027
Table 86: U.K. Precision Agriculture Market (by Software), $Million, 2021-2027
Table 87: Market Ranking Analysis of Precision Agriculture Companies, 2021 (B2B)
Table 88: Market Ranking Analysis of Precision Agriculture Companies, 2021 (B2C)
Table 89: CLAAS Group: Product Portfolio
Table 90: CLAAS Group: Product Developments
Table 91: CLAAS Group: Mergers and Acquisitions
Table 92: CLAAS Group: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 93: CNH Industrial N.V.: Product Portfolio
Table 94: CNH Industrial N.V.: Product Developments
Table 95: CNH Industrial N.V.: Business Expansions
Table 96: CNH Industrial N.V.: Mergers and Acquisitions
Table 97: CNH Industrial N.V.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 98: Accenture: Product Portfolio
Table 99: Accenture: Business Expansions
Table 100: Accenture: Mergers and Acquisitions
Table 101: AGRIVI: Product Portfolio
Table 102: AGRIVI: Product Developments
Table 103: AGRIVI: Business Expansions
Table 104: AGRIVI: Mergers and Acquisitions
Table 105: AGRIVI: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 106: Amazon Web Services, Inc.: Product Portfolio
Table 107: Amazon Web Services, Inc.: Product Developments
Table 108: Amazon Web Services, Inc.: Business Expansions
Table 109: Amazon Web Services, Inc.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 110: BASF SE: Product Portfolio
Table 111: BASF SE: Product Developments
Table 112: BASF SE: Business Expansions
Table 113: BASF SE: Mergers and Acquisitions
Table 114: BASF SE: Partnerships, Joint Ventures, Collaborations, and Alliances

Executive Summary

The Europe precision agriculture market (excluding U.K.) is estimated to reach $ 4.36 billion by 2027, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 12.02% during the forecast period 2022-2027.

Numerous startups in Europe emerging with cutting-edge products to satisfy market demand for precision agriculture is a sign that farmers in Europe are progressively adopting precision agriculture technologies. OneSoil, GeoPard Agriculture, QZ Solutions, xFarm Technologies, and Solorrow GmbH are a few of the key startups active in the precision agriculture market in Europe. Due to growing market demand, these startups are raising funds to expand into Europe.

USPs of report

  • Segmentation by function, application, technology, software and by hardware systems provided in the report
  • Analysis of business drivers and challenges of the Europe Precision Agriculture Market
  • Detailed analysis of Precision Agriculture Market for Italy, Germany, Denmark, Netherlands, France and Spain
  • A detailed company profile comprising established players
  • Impact of Russia-Ukraine crisis

Analyst’s Perspective on Precision Agriculture Market

The Principal Analyst states, 'Precision agriculture technologies have seen rapid growth in adoption worldwide in recent years, with developed nations such as Canada, Australia, Europe, and the U.S leading the way due to their access to advanced resources and technology. In fact, large-scale farmers in the U.S. have adopted precision agriculture technologies at a rate of approximately 70%. However, developing countries have been slower to adopt these technologies due to reasons such as inadequate infrastructure, resources, and education. Nonetheless, some countries such as Brazil and Argentina have made notable strides in the adoption of precision agriculture technologies.'

Some of the prominent names established in this market are:

  • CLAAS Group
  • CNH Industrial N.V.
  • Accenture
  • AGRIVI
  • Amazon Web Services, Inc.
  • BASF SE

Key Questions Answered in the Report

  • What is the expected Europe precision agriculture market size in terms of value during 2022-2027?
  • What is the expected future scenario and revenue generated by different solutions, including software and platform, hardware, and support services?
  • What is the expected future scenario and revenue to be generated by the technology segment, including guidance technology, sensing technology, variable rate application technology, and data analytics and intelligence?
  • What is the expected future scenario and revenue generated by different applications for precision agriculture solutions, including precision irrigation, field monitoring, spraying, fertilization, precision planting, and data management?
  • What is the competitive strength of the key players in the Europe precision agriculture market based on the analysis of their recent developments, product offerings, and regional presence?

Companies Mentioned

  • CLAAS Group
  • CNH Industrial N.V.
  • Accenture
  • AGRIVI
  • Amazon Web Services, Inc.
  • BASF SE

Table Information

Report AttributeDetails
No. of Pages166
PublishedNovember 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 2.47 Billion
Forecasted Market Value ( USD ) by 2027 $ 4.36 Billion
Compound Annual Growth Rate12.0%
Regions CoveredEurope
No. of Companies Mentioned6

Related Topics

Related Reports

Precision Agriculture Market - A Global and Regional Analysis, 2023-2033 - Product Image

Precision Agriculture Market - A Global and Regional Analysis, 2023-2033

  • Report
  • 186 Pages
  • Global
From
Precision Agriculture Market Report by Technology, Type, Component, Application, and Region 2024-2032 - Product Image

Precision Agriculture Market Report by Technology, Type, Component, Application, and Region 2024-2032

  • Report
  • 148 Pages
  • Global
From
Global Imaging Technology for Precision Agriculture Market by Product (Hardware, Software), Technology (Hyperspectral Technology, Multispectral Technology), Application - Forecast 2024-2030 - Product Image

Global Imaging Technology for Precision Agriculture Market by Product (Hardware, Software), Technology (Hyperspectral Technology, Multispectral Technology), Application - Forecast 2024-2030

  • Report
  • 194 Pages
  • Global
From
Precision Farming Market by Offering (Hardware {Drones, GPS, Yield Monitors, Sensors}, Software, Services), Technology (Guidance Technology, Remote Sensing Technology and Variable Rate Technology), Application and Region - Global Forecast to 2031 - Product Image

Precision Farming Market by Offering (Hardware {Drones, GPS, Yield Monitors, Sensors}, Software, Services), Technology (Guidance Technology, Remote Sensing Technology and Variable Rate Technology), Application and Region - Global Forecast to 2031

  • Report
  • 295 Pages
  • Global
From
Precision Agriculture Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Product Image

Precision Agriculture Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

  • Report
  • 180 Pages
  • Global

About the Precision Agriculture Market

Precision Agriculture is a farming management concept that uses technology to improve the efficiency and productivity of agricultural operations. It involves the use of sensors, GPS, and other digital technologies to collect data about the soil, climate, and other environmental factors. This data is then used to optimize crop production, reduce inputs, and improve yields. Precision Agriculture also helps farmers to better manage their resources, such as water, fertilizer, and pesticides, and to reduce their environmental impact. Precision Agriculture is becoming increasingly popular among farmers, as it helps them to maximize their profits and reduce their costs. It also helps to improve the sustainability of agricultural operations, as it reduces the amount of resources used and the amount of waste produced. Some of the companies in the Precision Agriculture market include John Deere, Trimble, Raven Industries, Ag Leader, and AgJunction. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.