Product Code: VMR11216805
Precision farming technologies are becoming increasingly popular among farmers with the growing demand for optimal crop output with limited resources. Precision farming solutions can transform the agricultural sector by improving the efficiency and predictability of traditional farming activities. Precision farming solutions have benefited from the use of VRT, remote sensing, GPS, GIS, and guidance technology, which has resulted in increased productivity and lower labor costs. Drones equipped with cameras are utilized in precision farming solutions for spraying, weeding, trimming, and harvesting.
Market Dynamics:
Rising global food consumption, increased profitability and crop output, and crop health monitoring for higher yield production propel the precision farming solutions business forward. In addition, government initiatives in many countries are assisting farmers in using optimized agricultural and technological tools to increase their output. Precision farming solutions based on new technology contribute to the bottom line by lowering labor costs and significantly improving farm operations. Precision farming solutions technology reduces the need for human labour in fields and substantially reduces labor expenses. This is expected to boost the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of precision farming solutions. The growth and trends of precision farming solutions industry provide a holistic approach to this study.
Market Segmentation:
This section of the precision farming solutions market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Hardware
- Software
- Services
By Application
- Yield Monitoring
- Variable Rate Application
- Field Mapping
- Weather Monitoring
- Soil Monitoring
- Crop Scouting
- Irrigation Management
- Inventory Management
- Others
By Technology
- Guidance Technology
- Gps/Gnss-Based Guidance Technology
- Gis-Based Guidance Technology
- Remote Sensing Technology
- Handheld Or Ground-Based Sensing
- Satellite Or Aerial Sensing
- Variable-Rate Technology (Vrt)
- Map-Based Vrt
- Sensor-Based Vrt
Regional Analysis:
This section covers the regional outlook, which accentuates current and future demand for the Precision Farming Solutions market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the precision farming solutions market include AgJunction, Inc., AGCO Corporation, Ag Leader Technology, Agsmart Pty Ltd., CropX Technologies, Descartes Labs, Inc, Deere & Company, Hexagon AB, Monsanto Company, Raven Industries Inc., Topcon Positioning Systems Inc., The Climate Corporation, Trimble Navigation Limited, Tetra Laval Holdings B.V., TeeJet Technologies, Yara International ASA. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . PRECISION FARMING SOLUTIONS - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 By Component
- 3.7.2 By Application
- 3.7.3 By Technology
- 3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL PRECISION FARMING SOLUTIONS MARKET ANALYSIS BY COMPONENT
- 6.1 Overview by Component
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Component
- 6.4 Hardware Market by Regions
- 6.5 Software Market by Regions
- 6.6 Services Market by Regions
7 . GLOBAL PRECISION FARMING SOLUTIONS MARKET ANALYSIS BY APPLICATION
- 7.1 Overview by Application
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Application
- 7.4 Yield Monitoring Market by Regions
- 7.5 Variable Rate Application Market by Regions
- 7.6 Field Mapping Market by Regions
- 7.7 Weather Monitoring Market by Regions
- 7.8 Soil Monitoring Market by Regions
- 7.9 Crop Scouting Market by Regions
- 7.10. Irrigation Management Market by Regions
- 7.11 Inventory Management Market by Regions
- 7.12 Others Market by Regions
8 . GLOBAL PRECISION FARMING SOLUTIONS MARKET ANALYSIS BY TECHNOLOGY
- 8.1 Overview by Technology
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Technology
- 8.4 Guidance Technology Market by Regions
- 8.5 GPS/GNSS-Based Guidance Technology Market by Regions
- 8.6 GIS-based Guidance Technology Market by Regions
- 8.7 Remote Sensing Technology Market by Regions
- 8.8 Handheld or Ground-based Sensing Market by Regions
- 8.9 Satellite or Aerial Sensing Market by Regions
- 8.10. Variable-Rate Technology (VRT) Market by Regions
- 8.11 Map-based VRT Market by Regions
- 8.12 Sensor-based VRT Market by Regions
9 . GLOBAL PRECISION FARMING SOLUTIONS MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America
- 9.3.1. Overview, Historic and Forecast Data
- 9.3.2. North America By Segment
- 9.3.3. North America By Country
- 9.3.4. United State
- 9.3.5. Canada
- 9.3.6. Mexico
- 9.4. Europe
- 9.4.1. Overview, Historic and Forecast Data
- 9.4.2. Europe by Segment
- 9.4.3. Europe by Country
- 9.4.4. United Kingdom
- 9.4.5. France
- 9.4.6. Germany
- 9.4.7. Italy
- 9.4.8. Russia
- 9.4.9. Rest Of Europe
- 9.5. Asia Pacific
- 9.5.1. Overview, Historic and Forecast Data
- 9.5.2. Asia Pacific by Segment
- 9.5.3. Asia Pacific by Country
- 9.5.4. China
- 9.5.5. India
- 9.5.6. Japan
- 9.5.7. South Korea
- 9.5.8. Australia
- 9.5.9. Rest Of Asia Pacific
- 9.6. Latin America
- 9.6.1. Overview, Historic and Forecast Data
- 9.6.2. Latin America by Segment
- 9.6.3. Latin America by Country
- 9.6.4. Brazil
- 9.6.5. Argentina
- 9.6.6. Peru
- 9.6.7. Chile
- 9.6.8. Rest of Latin America
- 9.7. Middle East & Africa
- 9.7.1. Overview, Historic and Forecast Data
- 9.7.2. Middle East & Africa by Segment
- 9.7.3. Middle East & Africa by Country
- 9.7.4. Saudi Arabia
- 9.7.5. UAE
- 9.7.6. Israel
- 9.7.7. South Africa
- 9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE PRECISION FARMING SOLUTIONS COMPANIES
- 10.1. Precision Farming Solutions Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11 . COMPANY PROFILES OF PRECISION FARMING SOLUTIONS INDUSTRY
- 11.1. Company Share Analysis
- 11.2. Market Concentration Rate
- 11.3. AgJunction, Inc.
- 11.3.1. Company Overview
- 11.3.2. Financials
- 11.3.3. Products
- 11.3.4. Recent Developments
- 11.4. AGCO Corporation
- 11.4.1. Company Overview
- 11.4.2. Financials
- 11.4.3. Products
- 11.4.4. Recent Developments
- 11.5. Ag Leader Technology
- 11.5.1. Company Overview
- 11.5.2. Financials
- 11.5.3. Products
- 11.5.4. Recent Developments
- 11.6. Agsmart Pty Ltd.
- 11.6.1. Company Overview
- 11.6.2. Financials
- 11.6.3. Products
- 11.6.4. Recent Developments
- 11.7. CropX Technologies
- 11.7.1. Company Overview
- 11.7.2. Financials
- 11.7.3. Products
- 11.7.4. Recent Developments
- 11.8. Descartes Labs, Inc.
- 11.8.1. Company Overview
- 11.8.2. Financials
- 11.8.3. Products
- 11.8.4. Recent Developments
- 11.9. Deere & Company
- 11.9.1. Company Overview
- 11.9.2. Financials
- 11.9.3. Products
- 11.9.4. Recent Developments
- 11.10. Hexagon AB
- 11.10.1. Company Overview
- 11.10.2. Financials
- 11.10.3. Products
- 11.10.4. Recent Developments
- 11.11. Monsanto Company
- 11.11.1. Company Overview
- 11.11.2. Financials
- 11.11.3. Products
- 11.11.4. Recent Developments
- 11.12. Raven Industries Inc.
- 11.12.1. Company Overview
- 11.12.2. Financials
- 11.12.3. Products
- 11.12.4. Recent Developments
- 11.13. Topcon Positioning Systems Inc.
- 11.13.1. Company Overview
- 11.13.2. Financials
- 11.13.3. Products
- 11.13.4. Recent Developments
- 11.14. The Climate Corporation
- 11.14.1. Company Overview
- 11.14.2. Financials
- 11.14.3. Products
- 11.14.4. Recent Developments
- 11.15. Trimble Navigation Limited
- 11.15.1. Company Overview
- 11.15.2. Financials
- 11.15.3. Products
- 11.15.4. Recent Developments
- 11.16. Tetra Laval Holdings B.V.
- 11.16.1. Company Overview
- 11.16.2. Financials
- 11.16.3. Products
- 11.16.4. Recent Developments
- 11.17. TeeJet Technologies
- 11.17.1. Company Overview
- 11.17.2. Financials
- 11.17.3. Products
- 11.17.4. Recent Developments
- 11.18. Yara International ASA
- 11.18.1. Company Overview
- 11.18.2. Financials
- 11.18.3. Products
- 11.18.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies