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

  • ID: 5590418
  • Report
  • March 2022
  • Region: Europe
  • 135 Pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • AGCO Corporation
  • CNH Industrial N.V.
  • CropX, Inc.
  • Deere & Company
  • Telus International, Inc.
  • Trimble, Inc.
The Europe Precision Farming Market is expected to witness market growth of 6.8% CAGR during the forecast period (2021 2027).

Rising investments in technology like driverless tractors, guidance systems, and GPS sensing systems is expected to drive the growth of the precision farming market. Many sensors, including soil sensors, climate sensors, and water sensors, are set across the fields to assist farmers in monitoring their crops and obtaining real-time data. In addition, the sensors help farmers achieve higher yields with reduced crop waste. Agriculture, pharmaceutical and healthcare, automotive, and sports are just a few of the applications for these sensors. 
Farmers' use of advanced analytics and the expansion of the Internet of Things (IoT) are both contributing to the growth. Advanced analytics is a branch of data science that employs a variety of tools and techniques to forecast data and guarantee that the crop and soil are properly cared for. As a result of this information, farmers may better plan their efforts. Better education and training for farmers, easily accessible information, financial resources, and high demand for organic food are all factors that help farmers implement sustainable precision farming methods.

Guidance systems and variable rate technologies are being used by medium-sized grain producers in the United Kingdom to accommodate rising demand from plant-based and vegan diet customers. In addition, Farmers are rapidly adopting the latest technologies due to the increased adoption of cellphones and the internet. Precision farming has made it possible for them to plan and execute numerous agricultural operations more efficiently by incorporating linked technologies like low power wide area (LPWA), Zigbee, Wi-Fi, and new wireless sensor technologies.

Several government efforts have been launched around the world to encourage the adoption of advanced agricultural techniques in order to increase crop production and productivity. The European Union, for example, has created financial incentives and support schemes under the new European Common Agricultural Policy to encourage farmers to invest in a variety of precision farming equipment.

The Germany market dominated the Europe 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 $700.6 million by 2027. The UK market is poised to grow at a CAGR of 5.9% during (2021 - 2027). Additionally, The France market is expected to showcase a CAGR of 7.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

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
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AGCO Corporation
  • CNH Industrial N.V.
  • CropX, Inc.
  • Deere & Company
  • Telus International, Inc.
  • Trimble, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Precision Farming Market, by Technology
1.4.2 Europe Precision Farming Market, by Offering
1.4.3 Europe Precision Farming Market, by Application
1.4.4 Europe 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. Europe Precision Farming Market by Technology
4.1 Europe Guidance Technology Market by Country
4.2 Europe Remote Sensing Technology Market by Country
4.3 Europe Variable Rate Technology Market by Country
Chapter 5. Europe Precision Farming Market by Offering
5.1 Europe Hardware Market by Country
5.2 Europe Precision Farming Market by Hardware Type
5.2.1 Europe Automation & Control Systems Market by Country
5.2.2 Europe Sensing & Monitoring Devices Market by Country
5.3 Europe Software Market by Country
5.4 Europe Precision Farming Market by Software Type
5.4.1 Europe Local/Web-based Market by Country
5.4.2 Europe Cloud-based Market by Country
5.5 Europe Services Market by Country
Chapter 6. Europe Precision Farming Market by Application
6.1 Europe Yield Monitoring Market by Country
6.2 Europe Field Mapping Market by Country
6.3 Europe Weather Tracking & Forecasting Market by Country
6.4 Europe Variable Rate Application Market by Country
6.5 Europe Crop Scouting Market by Country
6.6 Europe Inventory Management Market by Country
6.7 Europe Farm Labor Management Market by Country
6.8 Europe Financial Management Market by Country
6.9 Europe Others Market by Country
Chapter 7. Europe Precision Farming Market by Country
7.1 Germany Precision Farming Market
7.1.1 Germany Precision Farming Market by Technology
7.1.2 Germany Precision Farming Market by Offering
7.1.2.1 Germany Precision Farming Market by Hardware Type
7.1.2.2 Germany Precision Farming Market by Software Type
7.1.3 Germany Precision Farming Market by Application
7.2 UK Precision Farming Market
7.2.1 UK Precision Farming Market by Technology
7.2.2 UK Precision Farming Market by Offering
7.2.2.1 UK Precision Farming Market by Hardware Type
7.2.2.2 UK Precision Farming Market by Software Type
7.2.3 UK Precision Farming Market by Application
7.3 France Precision Farming Market
7.3.1 France Precision Farming Market by Technology
7.3.2 France Precision Farming Market by Offering
7.3.2.1 France Precision Farming Market by Hardware Type
7.3.2.2 France Precision Farming Market by Software Type
7.3.3 France Precision Farming Market by Application
7.4 Russia Precision Farming Market
7.4.1 Russia Precision Farming Market by Technology
7.4.2 Russia Precision Farming Market by Offering
7.4.2.1 Russia Precision Farming Market by Hardware Type
7.4.2.2 Russia Precision Farming Market by Software Type
7.4.3 Russia Precision Farming Market by Application
7.5 Spain Precision Farming Market
7.5.1 Spain Precision Farming Market by Technology
7.5.2 Spain Precision Farming Market by Offering
7.5.2.1 Spain Precision Farming Market by Hardware Type
7.5.2.2 Spain Precision Farming Market by Software Type
7.5.3 Spain Precision Farming Market by Application
7.6 Italy Precision Farming Market
7.6.1 Italy Precision Farming Market by Technology
7.6.2 Italy Precision Farming Market by Offering
7.6.2.1 Italy Precision Farming Market by Hardware Type
7.6.2.2 Italy Precision Farming Market by Software Type
7.6.3 Italy Precision Farming Market by Application
7.7 Rest of Europe Precision Farming Market
7.7.1 Rest of Europe Precision Farming Market by Technology
7.7.2 Rest of Europe Precision Farming Market by Offering
7.7.2.1 Rest of Europe Precision Farming Market by Hardware Type
7.7.2.2 Rest of Europe Precision Farming Market by Software Type
7.7.3 Rest of Europe 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:
Note: Product cover images may vary from those shown
  • 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
Note: Product cover images may vary from those shown

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