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Global Markets for Precision Farming

  • ID: 4861815
  • Report
  • November 2019
  • Region: Global
  • 155 pages
  • BCC Research
UP TO OFF
until May 31st 2020
1 of 4

FEATURED COMPANIES

  • AG Leader Technology Inc.
  • Ag-Nav Inc.
  • Buhler Industries Inc.
  • Esri
  • Nozzleworks Inc.
  • Soyl
  • MORE
Report Scope:

The publisher defines precision farming (also known as precision agriculture or satellite farming) as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.

Precision farming includes various hardware technologies such as automated systems, control systems, sensing and monitoring devices as well as software solutions such as farm management software. In precision farming, software and hardware works in conjunction; a fool-proof precision farming tool/system will have multiple hardware and software solutions seamlessly integrated and working together.

The scope of this report covers the global market for precision farming technologies for various end-user application industries. The market is broken down by technologies, type, end-use and region and are further discussed in detail. Revenue forecasts from 2019 to 2024 are given for each market segment as well as regional markets with estimated values derived from manufacturers' total revenues.

The report also includes a discussion of the major players across each regional market. Further, it explains the major drivers and regional dynamics of the market and current trends within the industry.

The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors.

Detailed inclusions:
  • The publisher defines precision farming technologies (also known as precision agriculture or satellite farming) as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.
  • The report covers hardware and software revenue of companies active in the market. The report also covers companies in specific segments such as drones, imaging, etc.
  • Large technology and hardware manufacturers (drones, sensors, imaging, etc.) that do not have product specifically for the precision farming market are out of scope of this report.
  • The report excludes standalone service providers and revenue from those providers. This may include services such as consulting, education, post sales services, etc.
  • Revenue forecasts from 2019 to 2024 are given for each market segment, and regional market with estimated values are derived from manufacturers’ total revenues (which includes hardware, software and services).
The report begins by introducing the reader to how the market for precision farming technologies has evolved over time and how various factors are impacting the market.

The report then identifies the following:
  • Primary forces with a direct impact on the precision farming technologies markets.
  • Secondary forces that have an indirect impact.
  • Key funding and financing in this space which are particularly supportive for new entrants.
  • Some key challenges that may hinder the growth of this market.
  • Key trends visible in the market.
  • The top applications of precision farming technologies, along with top precision farming technology segments.
  • Demand in the North America, Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) for precision farming technology products.
Report Includes:
  • 52 data tables and 10 additional tables
  • Detailed overview of the global precision farming technologies market
  • Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
  • Discussion of major factors, advancements in agriculture technologies, regional trade analysis, and changing regulatory dynamics that influence the demand of this evolving market
  • Emphasis on challenges faced by this market, such as high initial implementation and maintenance cost, and lack of skilled personnel in certain regions
  • Coverage of hardware (equipment, tools and devices etc.), associated software (e.g. farm management software) and services revenue of the covered companies
  • A relevant patent analysis covering latest significant developments in agriculture technology
  • Profiles of leading market participants within the sector. Major players including AGDATA, Buhler Industries Inc., Deere & Co., DuPont, EXEL Industries SA, Intelligent Agricultural Solutions LLC, Raven Industries Inc., and Yara International Inc.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • AG Leader Technology Inc.
  • Ag-Nav Inc.
  • Buhler Industries Inc.
  • Esri
  • Nozzleworks Inc.
  • Soyl
  • MORE
Chapter 1 Introduction
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Reports
Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background
  • Evolution of the Precision Farming Technology Market
  • Technology Roadmap of Precision Farming
  • Various Technologies Used in the Precision Farming Market
  • Guidance Systems
  • Remote Sensing Technology
  • Variable Rate Technology (VRT)
  • New Opportunities in the Precision Farming Technologies Market
  • Adoption of Autonomous Machines
  • High-throughput Plant Phenotyping (HTPP)
  • Cobotics
  • IoT in Precision Farming
  • Various Stakeholders in the Precision Farming Technologies Market
  • Agricultural OEM
  • Suppliers
  • Seed Producers
  • IT/Big Data Companies
  • Advanced Solution Providers
  • Research Centers
  • Investment Funds
  • IoT and Related Space
  • Growth Forecast of the Precision Farming Technologies Market
  • Major Market Forces
  • Focus on Sustainable Agriculture
  • Need to Serve an Ever-Increasing Population
  • Need to Improve Efficiency and Productivity
  • Measurable Business Benefits
  • Availability of Low-Cost Tools and Solutions
  • Reduce Greenhouse Gas (GHG) Emissions
  • Key Buying/Selection Criteria
  • Initial Cost (Implementation Cost)
  • Payback Period
  • Ease of Understanding/Usage
  • Feature Availability
  • Portfolio of Offerings
  • Technological Advancement
  • Integration Ability
  • Key Strategies in the Precision Farming Technologies Space
  • Mergers and Acquisition
  • Partnerships
  • Innovation
  • Focus on Expansion into Emerging Regions
  • Wider Portfolio of Offerings
Chapter 4 Global Market for Precision Farming Technologies, by Type
  • Guidance System Technologies
  • Remote Sensing and Control Systems
  • Variable Rate Technology (VRT)
  • Map-Based Variable Rate Applications
  • Sensor-Based Variable Rate Applications
  • Variable Rate Seeding
Chapter 5 Global Market for Precision Farming Technologies, by Component
  • Hardware Segment
  • Automation and Control Systems
  • Sensing and Monitoring Devices
  • Software Segment
  • Farm Management Software
Chapter 6 Global Market for Precision Farming Technologies, by Application
  • Yield Monitoring
  • Soil Monitoring
  • Soil Fingerprinting
  • Variable Rate Applications
  • Map-Based
  • Sensor-Based
  • Field Mapping
  • Software Applications
  • Others
Chapter 7 Global Market for Precision Farming Technologies, by Region
  • North America
  • United States
  • Canada
  • Mexico
  • Europe, Middle East and Africa (EMEA)
  • Germany
  • France
  • Italy
  • U.K.
  • Spain
  • Special Case: The Netherlands
  • Middle East and Africa
  • Asia-Pacific (APAC)
  • Australia
  • Japan
  • China
  • New Zealand
  • Analysis of Key Geographies
Chapter 8 Industry Structure and Patent Analysis
  • Key Trends in the Market for Precision Farming Technologies
  • Increasing Use of UAVs
  • Strong Expected Growth of Weather Tracking and Forecasting
  • Continued Growth and Acceptance in Emerging Regions
  • Continued Partnerships and Acquisitions
  • Strong Investment Momentum
  • Continued Advancement of Automation
  • Venture Capital Funding and Investments
  • Mergers and Acquisitions
  • Technological Development and New Technology Acquisition
  • Geographic Expansion
  • Expansion into New Categories
  • Industry Challenges and Concerns
  • Technological Acceptance and Know-how
  • Integration Issues and Challenges
  • High Initial Implementation Cost
  • Maintenance Issues and Costs
  • Patent Activity
Chapter 9 Company Profiles
  • AG LEADER TECHNOLOGY INC.
  • AERIAL TECHNOLOGY INTERNATIONAL (ATI)
  • AGCO CORP.
  • AGDATA
  • AGEAGLE AERIAL SYSTEMS INC.
  • AGERPOINT INC.
  • AGJUNCTION INC.
  • AG-NAV INC.
  • AGRIAN INC.
  • AGRIBLE INC.
  • AGRIDATA INC.
  • BASF SE
  • BUHLER INDUSTRIES INC.
  • CROPX LTD.
  • DEERE & CO.
  • DRONEDEPLOY
  • DUPONT
  • ESRI
  • EXEL INDUSTRIES SA
  • FARMERS EDGE PRECISION CONSULTING INC.
  • INTELLIGENT AGRICULTURAL SOLUTIONS LLC
  • LINDSAY CORP.
  • MONSANTO CO.
  • MTS SYSTEMS CORP.
  • NOZZLEWORKS INC.
  • PHYTELLIGENCE INC.
  • PRECISION PLANTING INC.
  • PRECISIONHAWK
  • RAVEN INDUSTRIES INC.
  • SOYL
  • TEEJET TECHNOLOGIES
  • TOPCON CORP.
  • TRIMBLE NAVIGATION LTD.
  • YARA INTERNATIONAL ASA
List of Tables
Summary Table: Global Markets for Precision Farming Technologies, by Component, Through 2024
Table 1: Some Key Players in the Precision Farming and Agricultural Technologies Space
Table 2: Global Market for Precision Farming Technologies, Through 2024
Table 3: Major Market Forces and Their Impact
Table 4: Key Buying Criteria for Precision Farming Technologies and Their Impact
Table 5: Key Buying Criteria for Precision Farming Technologies -- All Geographical Regions
Table 6: Some Recent Partnerships in the Precision Farming Technologies Market, 2019
Table 7: Global Market for Precision Farming Technologies, by Type, Through 2024
Table 8: Global Market for Guidance System Technologies, Through 2024
Table 9: Some of the Key Companies in the Guidance System Technologies Space
Table 10: Global Market for Remote Sensing and Control Systems, Through 2024
Table 11: Global Market for Variable Rate Technology, Through 2024
Table 12: Global Market for Precision Farming Technologies, by Component, Through 2024
Table 13: Global Market Shares of Precision Farming Technologies, by Component, 2018-2024
Table 14: Global Market for Precision Farming Hardware Technologies, Through 2024
Table 15: Global Market Shares of Precision Farming Hardware Technologies, by Type, Through 2024
Table 16: Global Market for the Automation and Control Systems Segment of Precision Farming Hardware Technologies, Through 2024
Table 17: Global Market for Sensing and Monitoring Devices Segment of Precision Farming Hardware Technologies, Through 2024
Table 18: Global Market for Precision Farming Software Technologies, Through 2024
Table 19: Global Market for Precision Farming Software Technologies, by Type, Through 2024
Table 20: Global Market for Farm Management Software Segment of Precision Farming Software Technologies, Through 2024
Table 21: Global Market for Precision Farming Technologies, by Application, Through 2024
Table 22: Global Market Shares of Precision Farming Technologies, by Application, 2018
Table 23: Global Market Shares of Precision Farming Technologies, by Application, 2019
Table 24: Global Market Shares of Precision Farming Technologies, by Application, 2024
Table 25: Global Market for Yield Monitoring Applications in Precision Farming Technologies, Through 2024
Table 26: Global Market for Soil Monitoring Applications in Precision Farming Technologies, Through 2024
Table 27: Global Market for Variable Rate Applications in Precision Farming Technologies, Through 2024
Table 28: Global Market for Field Mapping Applications in Precision Farming Technologies, Through 2024
Table 29: Global Market for Software Applications in Precision Farming Technologies, Through 2024
Table 30: Global Market for Precision Farming Technologies, by Region, Through 2024
Table 31: Global Market Shares of Precision Farming Technologies, by Region, 2018
Table 32: Global Market Shares of Precision Farming Technologies, by Region, 2019
Table 33: Global Market Shares of Precision Farming Technologies, by Region, 2024
Table 34: North American Market for Precision Farming Technologies, by Component, Through 2024
Table 35: North American Market for Precision Farming Technologies, by Type, Through 2024
Table 36: North American Market for Precision Farming Technologies, by Application, Through 2024
Table 37: North American Market for Precision Farming Technologies, by Country, Through 2024
Table 38: U.S. Market for Precision Farming Technologies, Through 2024
Table 39: Canadian Market for Precision Farming Technologies, Through 2024
Table 40: Mexican Market for Precision Farming Technologies, Through 2024
Table 41: EMEA Market for Precision Farming Technologies, by Component, Through 2024
Table 42: EMEA Market for Precision Farming Technologies, by Type, Through 2024
Table 43: EMEA Market for Precision Farming Technologies, by Application, Through 2024
Table 44: EMEA Market for Precision Farming Technologies, by Country, Through 2024
Table 45: German Market for Precision Farming Technologies, Through 2024
Table 46: French Market for Precision Farming Technologies, Through 2024
Table 47: Italian Market for Precision Farming Technologies, Through 2024
Table 48: U.K. Market for Precision Farming Technologies, Through 2024
Table 49: Spanish Market for Precision Farming Technologies, Through 2024
Table 50: APAC Market for Precision Farming Technologies, by Component, Through 2024
Table 51: APAC Market for Precision Farming Technologies, by Type, Through 2024
Table 52: APAC Market for Precision Farming Technologies, by Application, Through 2024
Table 53: APAC Market for Precision Farming Technologies, by Country, Through 2024
Table 54: Australian Market for Precision Farming Technologies, Through 2024
Table 55: Japanese Market for Precision Farming Technologies, Through 2024
Table 56: Chinese Market for Precision Farming Technologies, Through 2024
Table 57: New Zealand Market for Precision Farming Technologies, Through 2024
Table 58: Analysis of Key Geographical Markets for Precision Farming Technologies, by Country/Region
Table 59: Key Acquisitions in the Global Precision Farming Technologies Markets, 2018 and 2019
Table 60: Funding and Investments in Global Market for Precision Farming Technologies, 2017-2019
Table 61: Number of Patents Filed and Obtained by Various Players in the Global Precision Farming Technologies Market, WIPO Data Only, Since 2010

List of Figures
Summary Figure: Global Market for Precision Farming Technologies, by Component, 2018-2024
Figure 1: Global Market for Precision Farming Technologies, 2018-2024
Figure 2: Global Population Index and Growth Forecast, as of 2030, 2050 and 2100
Figure 3: Increase in Average Daily Food Calories Availability, 2000 and 2050
Figure 4: Global Market for Precision Farming Technologies, by Type, 2018-2024
Figure 5: Global Market for Guidance System Technologies, 2018-2024
Figure 6: Global Market Shares of Precision Farming Technologies, by Type, 2018
Figure 7: Global Market Shares of Precision Farming Technologies, by Type, 2019
Figure 8: Global Market Shares of Precision Farming Technologies, by Type, 2024
Figure 9: Global Market for Remote Sensing and Control Systems, 2018-2024
Figure 10: Global Market for Variable Rate Technology, 2018-2024
Figure 11: Global Market for Precision Farming Technologies, by Type, 2018-2024
Figure 12: Global Market Shares of Precision Farming Technologies, by Component, 2018
Figure 13: Global Market Shares of Precision Farming Technologies, by Component, 2019
Figure 14: Global Market Shares of Precision Farming Technologies, by Component, 2024
Figure 15: Global Market for Precision Farming Hardware Technologies, 2018-2024
Figure 16: Global Market Shares of Precision Farming Hardware Technologies, by Type, 2018-2024
Figure 17: Global Market for the Automation and Control Systems Segment of Precision Farming Hardware Technologies, 2018-2024
Figure 18: Global Market for Sensing and Monitoring Devices Segment of Precision Farming Hardware Technologies, 2018-2024
Figure 19: Global Market for Precision Farming Software Technologies, 2018-2024
Figure 20: Global Market for Precision Farming Software Technologies, by Type, 2018-2024
Figure 21: Global Market for Farm Management Software Segment of Precision Farming Software Technologies, 2018-2024
Figure 22: Global Market for Precision Farming Technologies, by Application, 2018-2024
Figure 23: Global Market Shares of Precision Farming Technologies, by Application, 2018
Figure 24: Global Market Shares of Precision Farming Technologies, by Application, 2019
Figure 25: Global Market Shares of Precision Farming Technologies, by Application, 2024
Figure 26: Global Market for Yield Monitoring Applications in Precision Farming Technologies, 2018-2024
Figure 27: Global Market for Soil Monitoring Applications in Precision Farming Technologies, 2018-2024
Figure 28: Global Market for Variable Rate Applications in Precision Farming Technologies, 2018-2024
Figure 29: Global Market for Field Mapping Applications in Precision Farming Technologies, 2018-2024
Figure 30: Global Market for Software Applications in Precision Farming Technologies, 2018-2024
Figure 31: Global Market for Precision Farming Technologies, by Region, 2018-2024
Figure 32: Global Market Shares of Precision Farming Technologies, by Region, 2018
Figure 33: Global Market Shares of Precision Farming Technologies, by Region, 2019
Figure 34: Global Market Shares of Precision Farming Technologies, by Region, 2024
Figure 35: North American Market for Precision Farming Technologies, by Component, 2018-2024
Figure 36: North American Market for Precision Farming Technologies, by Type, 2018-2024
Figure 37: North American Market for Precision Farming Technologies, by Application, 2018-2024
Figure 38: North American Market for Precision Farming Technologies, by Country, 2018-2024
Figure 39: U.S. Market for Precision Farming Technologies, 2018-2024
Figure 40: Canadian Market for Precision Farming Technologies, 2018-2024
Figure 41: Mexican Market for Precision Farming Technologies, 2018-2024
Figure 42: EMEA Market for Precision Farming Technologies, by Component, 2018-2024
Figure 43: EMEA Market for Precision Farming Technologies, by Type, 2018-2024
Figure 44: EMEA Market for Precision Farming Technologies, by Application, 2018-2024
Figure 45: EMEA Market for Precision Farming Technologies, by Country, 2018-2024
Figure 46: German Market for Precision Farming Technologies, 2018-2024
Figure 47: French Market for Precision Farming Technologies, 2018-2024
Figure 48: Italian Market for Precision Farming Technologies, 2018-2024
Figure 49: U.K. Market for Precision Farming Technologies, 2018-2024
Figure 50: Spanish Market for Precision Farming Technologies, 2018-2024
Figure 51: APAC Market for Precision Farming Technologies, by Component, 2018-2024
Figure 52: APAC Market for Precision Farming Technologies, by Type, 2018-2024
Figure 53: APAC Market for Precision Farming Technologies, by Application, 2018-2024
Figure 54: APAC Market for Precision Farming Technologies, by Country, 2018-2024
Figure 55: Australian Market for Precision Farming Technologies, 2018-2024
Figure 56: Japanese Market for Precision Farming Technologies, 2018-2024
Figure 57: Chinese Market for Precision Farming Technologies, 2018-2024
Figure 58: New Zealand Market for Precision Farming Technologies, 2018-2024
Figure 59: Number of Patents Filed and Obtained by Various Players in the Global Precision Farming Technologies Market, WIPO Data Only, Since 2010
Note: Product cover images may vary from those shown
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  • Aerial Technology International (Ati)
  • AG Leader Technology Inc.
  • Ag-Nav Inc.
  • Agco Corp.
  • Agdata
  • Ageagle Aerial Systems Inc.
  • Agerpoint Inc.
  • Agjunction Inc.
  • Agrian Inc.
  • Agrible Inc.
  • Agridata Inc.
  • Basf Se
  • Buhler Industries Inc.
  • Cropx Ltd.
  • Deere & Co.
  • Dronedeploy
  • Dupont
  • Esri
  • Exel Industries Sa
  • Farmers Edge Precision Consulting Inc.
  • Intelligent Agricultural Solutions Llc
  • Lindsay Corp.
  • Monsanto Co.
  • Mts Systems Corp.
  • Nozzleworks Inc.
  • Phytelligence Inc.
  • Precision Planting Inc.
  • Precisionhawk
  • Raven Industries Inc.
  • Soyl
  • Teejet Technologies
  • Topcon Corp.
  • Trimble Navigation Ltd.
  • Yara International Asa
Note: Product cover images may vary from those shown
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