Report overview
Precision Agriculture (PA) is a farming management concept based upon observing, measuring and responding to agriculture. It was born in early 1990s for introduction of GPS guidance for tractors. Now it is a dynamic industry that mentioned lots of technologies, such as ecological based principles, plant genetics, technological advances in planting and application equipment and plant and soil sensors, and knowledge to vary management, to improve system efficiency, resilience, and adaptability.
This report aims to provide a comprehensive presentation of the global market for Precision Agriculture, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Precision Agriculture. This report contains market size and forecasts of Precision Agriculture in global, including the following market information:
Global Precision Agriculture Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Precision Agriculture market was valued at US$ 4484.5 million in 2022 and is projected to reach US$ 9257.7 million by 2029, at a CAGR of 10.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core precision agriculture players include Deere & Company, Trimble Agriculture and CNH Industrial etc. The Top 3 companies hold a share about 30%. North America is the largest market, with a share about 44%, followed by Europe and Asia Pacific with the share about 28% and 19%.
We surveyed the Precision Agriculture companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precision Agriculture Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Precision Agriculture Market Segment Percentages, by Type, 2022 (%)
Guidance System
Remote Sensing
Variable-Rate Technology
Others
Global Precision Agriculture Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Precision Agriculture Market Segment Percentages, by Application, 2022 (%)
Agricultural Cooperatives
Farmland & Farms
Others
Global Precision Agriculture Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Precision Agriculture Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Precision Agriculture revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Precision Agriculture revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deere & Company
Trimble Agriculture
CropX
Valmont Industries
AGCO Corporation
Dickey-John Corporation
Monsanto Company
Ag Leader Technology
AgJunction
CNH Industrial
Raven Industries
Proagrica
TeeJet Technologies
Topcon Positioning Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Precision Agriculture, market overview.
Chapter 2: Global Precision Agriculture market size in revenue.
Chapter 3: Detailed analysis of Precision Agriculture company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Precision Agriculture in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
