Global Precision Farming Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Technology;

Guidance System, Remote Sensing and Variable-rate Technology.

Segmented by Hardware &

Software Component; Automation and System Control, Sensors and Monitoring devices, Farm Management Software and Service.

Segmented by Application;

Yield Monitoring, Variable Rate Application, Field Mapping, Soil Monitoring, Crop Scouting and Other Applications.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn111755530 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Precision Farming Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 85.1
2021 96.6
2022 98.8
2023 111.0
2024 114.8
2025 120.0
2026 126.7
2027 150.1
2028 173.1
2029 176.5
2030 206.9

In the year 2023, the Global Precision Farming Market was valued at USD 8,623.44 million. The size of this market is expected to increase to USD 19,303.26 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 12.2%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Hardware & Software Component
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Precision Farming Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Food Products
        2. Convergence of IT with Agriculture
        3. Proactive Measures Taken by Public Institutions
      2. Restraints
        1. High Initial Costs and Sluggish Penetration of Technology
        2. Privacy and Protection Concerns
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Precision Farming Market, By Technology, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Guidance System
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Remote Sensing
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Variable-rate Technology
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Precision Farming Market, By Hardware & Software Component, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Automation and System Control
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Sensors and Monitoring devices
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Farm Management Software
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Service
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Precision Farming Market, By Application, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Yield Monitoring
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Variable Rate Application
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Field Mapping
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Soil Monitoring
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Crop Scouting
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Other Applications
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Precision Farming Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Hardware & Software Component, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. AGCO Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Ag Junction Inc
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. John Deere
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. DICKEY-john Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. TeeJet Technologies
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Raven Industries Inc.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. Lindsay Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Monsanto Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Valmont Industries Inc.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Yara International ASA
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      11. Topcon Precision Agriculture
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      12. Trimble Navigation Limited
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      13. E.I. Du Pont De Nemours And Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      14. Land O'lakes Inc
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      15. BASF SE
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Information & Communication Technology Analytics Predictive Analytics
Global Predictive Analytics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Predictive Analytics Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Information & Communication Technology Analytics Predictive and Prescriptive Analytics
Global Predictive and Prescriptive Analytics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Predictive and Prescriptive Analytics Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Semiconductor & Electronics Electronic Systems and Components Print Equipment
Global Print Equipment Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Print Equipment Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Semiconductor & Electronics Electronic Systems and Components Printer
Global Printer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Printer Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...