Market Study on Precision Farming: Technological Proliferation to Remain Mainstay of Market Growth

Nov 2021| PMR342B| Persistence Market Research

Report Highlights

Global Precision Farming Market – Report Scope

Persistence Market Research recently published an updated report on the global precision farming market. The report provides a detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This research report presents exclusive facts and figures about how the global precision farming market will grow over the forecast period of 2021 to 2031.

Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the precision farming market over the forecast period.

The study is relevant for stakeholders in the global precision farming market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in market can leverage the information and statistics presented in this research report.

The report includes facts & figures related to the micro- as well as macro-economic factors that are impacting the growth of the global precision farming market. The study also offers actionable insights based on future trends in the market. Furthermore, domestic players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in the market.

Key Segments of Market

Persistence Market Research’s study on the global precision farming market is divided into three significant segments – application, component, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.

Application

  • Variable Rate
  • Application (VRA)
  • Field Mapping
  • Yield Monitoring
  • Crop Scouting
  • Soil Monitoring
  • Farm Labor
  • Management Systems
  • Weather Tracking and Forecasting

Component

  • Hardware
  • Automation & Control Systems
  • Displays
  • Guidance and Steering
  • GPS/GNSS
  • Mobile Devices
  • Sensing and Monitoring Devices
  • Yield Monitors
  • Drones with Multispectral Cameras
  • Soil Sensors
  • Water Sensors
  • Climate Sensors
  • Farm Management Software (FMS)
  • On-premise
  • Cloud-based
  • Service
  • Installation and Integrations Services
  • Maintenance Services
  • Consulting Services

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Questions Answered in Report

  • Which region is anticipated to hold a prominent market share over the forecast period?
  • What will be the key driving factors propelling the demand for precision farming during the forecast period?
  • How current trends will impact the global precision farming industry?
  • Who are significant market participants in the market?
  • What are the crucial strategies of prominent players in the global precision farming market to upscale their positions in this landscape?

Research Methodology

In Persistence Market Research’s research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the global precision farming market, and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by analysts to ensure the precision and reliability of the conclusions.

Secondary resources are referred by analysts during the evaluation of the global precision farming market study, which comprises of facts and figures from white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers to provide insightful information.

Comprehensive information acquired from primary and secondary resources is validated from companies operating in the global precision farming market, to make Persistence Market Research’s projections on the growth prospects of the market more accurate and reliable.

  • Table 1 : North America Precision Farming Market Value Analysis (US$ Mn), By Application, 2016–2020
  • Table 2 : North America Precision Farming Market Value Analysis (US$ Mn), By Application, 2021–2031
  • Table 3 : North America Precision Farming Market Value Analysis (US$ Mn), By Components, 2016–2020
  • Table 4 : North America Precision Farming Market Value Analysis (US$ Mn), By Components, 2021–2031
  • Table 5 : North America Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2016–2020
  • Table 6 : North America Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2021–2031
  • Table 7 : North America Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2016–2020
  • Table 8 : North America Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2021–2031
  • Table 9 : North America Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2016–2020
  • Table 10 : North America Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2021–2031
  • Table 11 : North America Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software, 2016–2020
  • Table 12 : North America Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software, 2021–2031
  • Table 13 : North America Precision Farming Market Value Analysis (US$ Mn), By Service, 2016–2020
  • Table 14 : North America Precision Farming Market Value Analysis (US$ Mn), By Service, 2021–2031
  • Table 15 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Application, 2016–2020
  • Table 16 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Application, 2021–2031
  • Table 17 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Components, 2016–2020
  • Table 18 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Components, 2021–2031
  • Table 19 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2016–2020
  • Table 20 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2021–2031
  • Table 21 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2016–2020
  • Table 22 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2021–2031
  • Table 23 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2016–2020
  • Table 24 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2021–2031
  • Table 25 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2016–2020
  • Table 26 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2021–2031
  • Table 27 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Service, 2016–2020
  • Table 28 : Latin America Precision Farming Market Value Analysis (US$ Mn), By Service, 2021–2031
  • Table 29 : Europe Precision Farming Market Value Analysis (US$ Mn), By Application, 2016–2020
  • Table 30 : Europe Precision Farming Market Value Analysis (US$ Mn), By Application, 2021–2031
  • Table 31 : Europe Precision Farming Market Value Analysis (US$ Mn), By Components, 2016–2020
  • Table 32 : Europe Precision Farming Market Value Analysis (US$ Mn), By Components, 2021–2031
  • Table 33 : Europe Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2016–2020
  • Table 34 : Europe Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2021–2031
  • Table 35 : Europe Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2016–2020
  • Table 36 : Europe Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2021–2031
  • Table 37 : Europe Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2016–2020
  • Table 38 : Europe Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2021–2031
  • Table 39 : Europe Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2016–2020
  • Table 40 : Europe Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2021–2031
  • Table 41 : Europe Precision Farming Market Value Analysis (US$ Mn), By Service, 2016–2020
  • Table 42 : Europe Precision Farming Market Value Analysis (US$ Mn), By Service, 2021–2031
  • Table 43 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Application, 2016–2020
  • Table 44 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Application, 2021–2031
  • Table 45 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Components, 2016–2020
  • Table 46 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Components, 2021–2031
  • Table 47 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2016–2020
  • Table 48 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2021–2031
  • Table 49 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2016–2020
  • Table 50 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2021–2031
  • Table 51 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2016–2020
  • Table 52 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2021–2031
  • Table 53 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2016–2020
  • Table 54 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2021–2031
  • Table 55 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Service, 2016–2020
  • Table 56 : Asia Pacific Precision Farming Market Value Analysis (US$ Mn), By Service, 2021–2031
  • Table 57 : MEA Precision Farming Market Value Analysis (US$ Mn), By Application, 2016–2020
  • Table 58 : MEA Precision Farming Market Value Analysis (US$ Mn), By Application, 2021–2031
  • Table 59 : MEA Precision Farming Market Value Analysis (US$ Mn), By Components, 2016–2020
  • Table 60 : MEA Precision Farming Market Value Analysis (US$ Mn), By Components, 2021–2031
  • Table 61 : MEA Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2016–2020
  • Table 62 : MEA Precision Farming Market Value Analysis (US$ Mn), By Hardware, 2021–2031
  • Table 63 : MEA Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2016–2020
  • Table 64 : MEA Precision Farming Market Value Analysis (US$ Mn), By Automation & Control Systems, 2021–2031
  • Table 65 : MEA Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2016–2020
  • Table 66 : MEA Precision Farming Market Value Analysis (US$ Mn), By Sensing and Monitoring Devices, 2021–2031
  • Table 67 : MEA Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2016–2020
  • Table 68 : MEA Precision Farming Market Value Analysis (US$ Mn), By Farm Management Software (FMS), 2021–2031
  • Table 69 : MEA Precision Farming Market Value Analysis (US$ Mn), By Service, 2016–2020
  • Table 70 : MEA Precision Farming Market Value Analysis (US$ Mn), By Service, 2021–2031
  • Figure 1 : Global Precision Farming Market Value (US$ Mn), 2021–2031
  • Figure 2 : Worldwide ICT spending
  • Figure 3 : Smart Agriculture global market Share
  • Figure 4 : U.S. Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 5 : U.S. Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 6 : Canada Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 7 : Canada Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 8 : North America Precision Farming Market Attractiveness Index, By Country, 2021–2031
  • Figure 9 : North America Precision Farming Market Attractiveness Index, By Application, 2021–2031
  • Figure 10 : North America Precision Farming Market Attractiveness Index, By Components, 2021–2031
  • Figure 11 : Brazil Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 12 : Brazil Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 13 : Mexico Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 14 : Mexico Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 15 : Rest of Latin America Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 16 : Rest of Latin America Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 17 : Latin America Precision Farming Market Attractiveness Index, By Country, 2021–2031
  • Figure 18 : Latin America Precision Farming Market Attractiveness Index, By Application, 2021–2031
  • Figure 19 : Latin America Precision Farming Market Attractiveness Index, By Components, 2021–2031
  • Figure 20 : Germany Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 21 : Germany Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 22 : France Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 23 : France Precision Farming Market Value (US$ Mn) &
  • Figure 24 : U.K. Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 25 : U.K. Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 26 : Spain Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 27 : Spain Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 28 : Italy Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 29 : Italy Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 30 : Russia Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 31 : Poland Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 32 : Poland Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 33 : Nordic Countries Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 34 : Nordic Countries Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 35 : Benelux Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 36 : Benelux Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 37 : Rest of Europe Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 38 : Rest of Europe Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 39 : Europe Precision Farming Market Attractiveness Index, By Country, 2021–2031
  • Figure 40 : Europe Precision Farming Market Attractiveness Index, By Application, 2021–2031
  • Figure 41 : Europe Precision Farming Market Attractiveness Index, By Components, 2021–2031
  • Figure 42 : China Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 43 : China Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 44 : India Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 45 : India Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 46 : Japan Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 47 : Japan Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 48 : ASEAN Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 49 : ASEAN Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 50 : Australia and New Zealand Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 51 : Australia and New Zealand Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 52 : Rest of Asia Pacific Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 53 : Rest of Asia Pacific Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 54 : Asia Pacific Precision Farming Market Attractiveness Index, By Country, 2021–2031
  • Figure 55 : Asia Pacific Precision Farming Market Attractiveness Index, By Application, 2021–2031
  • Figure 56 : Asia Pacific Precision Farming Market Attractiveness Index, By Components, 2021–2031
  • Figure 57 : GCC Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 58 : GCC Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 59 : North Africa Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 60 : North Africa Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 61 : South Africa Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 62 : South Africa Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 63 : Rest of MEA Precision Farming Market Value (US$ Mn), 2016–2020
  • Figure 64 : Rest of MEA Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 65 : MEA Precision Farming Market Attractiveness Index, By Country, 2021–2031
  • Figure 66 : MEA Precision Farming Market Attractiveness Index, By Application, 2021–2031
  • Figure 67 : MEA Precision Farming Market Attractiveness Index, By Components, 2021–2031
  • Figure 68 : North America Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, 2016–2020
  • Figure 69 : North America Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 70 : Latin America Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, 2016–2020
  • Figure 71 : Latin America Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 72 : Europe Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, 2016–2020
  • Figure 73 : Europe Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 74 : APAC Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, 2016–2020
  • Figure 75 : APAC Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 76 : MEA Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, 2016–2020
  • Figure 77 : MEA Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 78 : Global Precision Farming Market Attractiveness Index, By Region, 2021–2031
  • Figure 79 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Hardware Segment, 2016–2020
  • Figure 80 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2021–2031
  • Figure 81 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Automation & Control Systems, 2016–2020
  • Figure 82 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Display, 2016–2020
  • Figure 83 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Guidance and Steering, 2016–2020
  • Figure 84 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By GPS/GNSS, 2016–2020
  • Figure 85 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Mobile Devices, 2016–2020
  • Figure 86 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Sensing and Monitoring Devices, 2016–2020
  • Figure 87 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Yield Monitors, 2016–2020
  • Figure 88 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Drones with Multispectral Cameras, 2016–2020
  • Figure 89 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Soil Sensors, 2016–2020
  • Figure 90 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Water Sensors, 2016–2020
  • Figure 91 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Climate Sensors, 2016–2020
  • Figure 92 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Farm Management Software (FMS), 2016–2020
  • Figure 93 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By On-premise, 2016–2020
  • Figure 94 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Cloud-based, 2016–2020
  • Figure 95 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Service, 2016–2020
  • Figure 96 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Installation and Integrations Service, 2016–2020
  • Figure 97 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Maintenance Service, 2016–2020
  • Figure 98 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Consulting Service, 2016–2020
  • Figure 99 : Global Precision Farming Market Attractiveness Index, By Component Type, 2021–2031
  • Figure 100 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Variable Rate Application (VRA), 2016–2020
  • Figure 101 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Field Mapping, 2016–2020
  • Figure 102 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Yield Monitoring, 2016–2020
  • Figure 103 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Crop Scouting, 2016–2020
  • Figure 104 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Soil Monitoring, 2016–2020
  • Figure 105 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Farm Labor Management System, 2016–2020
  • Figure 106 : Global Precision Farming Market Value (US$ Mn) & Y-o-Y Growth, By Weather Tracking and Forecasting, 2016–2020
  • Figure 107 : Global Precision Farming Market Attractiveness Index, By Application, 2021–2031

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