
Precision farming is defined (also known as precision agriculture or satellite farming) technologies as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output.
The global Precision Farming market was valued at US$ 4415.8 million in 2023 and is anticipated to reach US$ 9284.1 million by 2030, witnessing a CAGR of 10.7% during the forecast period 2024-2030.
On the basis of technology, guidance technology held the largest market size owing to the early adoption of this technology by farmers. GPS-based auto-guidance technology allows growers to reduce the overlapping of equipment and tractor passes, thus saving fuel, labor, time, and soil compaction.
This report aims to provide a comprehensive presentation of the global market for Precision Farming, 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 Farming.
Report Scope
The Precision Farming market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Precision Farming market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Precision Farming companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Deere & Company
Trimble
Agco
Agjunction
Raven Industries
AG Leader Technology
SST Development Group
Teejet Technologies
Topcon Positioning Systems
Dickey-John Corporation
Cropmetrics
Hexagon Agriculture
Granular
Prospera Technologies
Agribotix
Autocopter Corp
Segment by Type
Guidance System
Remote Sensing
Variable-Rate Technology
Segment by Application
Yield Monitoring
Crop Scouting
Field Mapping
Irrigation Management
Weather Tracking & Forecasting
Inventory Management
Farm Labor Management
Financial Management
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Precision Farming companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Precision Farming Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Guidance System
1.2.3 Remote Sensing
1.2.4 Variable-Rate Technology
1.3 Market by Application
1.3.1 Global Precision Farming Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Yield Monitoring
1.3.3 Crop Scouting
1.3.4 Field Mapping
1.3.5 Irrigation Management
1.3.6 Weather Tracking & Forecasting
1.3.7 Inventory Management
1.3.8 Farm Labor Management
1.3.9 Financial Management
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Precision Farming Market Perspective (2019-2030)
2.2 Precision Farming Growth Trends by Region
2.2.1 Global Precision Farming Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Precision Farming Historic Market Size by Region (2019-2024)
2.2.3 Precision Farming Forecasted Market Size by Region (2025-2030)
2.3 Precision Farming Market Dynamics
2.3.1 Precision Farming Industry Trends
2.3.2 Precision Farming Market Drivers
2.3.3 Precision Farming Market Challenges
2.3.4 Precision Farming Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Precision Farming Players by Revenue
3.1.1 Global Top Precision Farming Players by Revenue (2019-2024)
3.1.2 Global Precision Farming Revenue Market Share by Players (2019-2024)
3.2 Global Precision Farming Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Precision Farming Revenue
3.4 Global Precision Farming Market Concentration Ratio
3.4.1 Global Precision Farming Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Precision Farming Revenue in 2023
3.5 Precision Farming Key Players Head office and Area Served
3.6 Key Players Precision Farming Product Solution and Service
3.7 Date of Enter into Precision Farming Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Precision Farming Breakdown Data by Type
4.1 Global Precision Farming Historic Market Size by Type (2019-2024)
4.2 Global Precision Farming Forecasted Market Size by Type (2025-2030)
5 Precision Farming Breakdown Data by Application
5.1 Global Precision Farming Historic Market Size by Application (2019-2024)
5.2 Global Precision Farming Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Precision Farming Market Size (2019-2030)
6.2 North America Precision Farming Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Precision Farming Market Size by Country (2019-2024)
6.4 North America Precision Farming Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Precision Farming Market Size (2019-2030)
7.2 Europe Precision Farming Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Precision Farming Market Size by Country (2019-2024)
7.4 Europe Precision Farming Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Precision Farming Market Size (2019-2030)
8.2 Asia-Pacific Precision Farming Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Precision Farming Market Size by Region (2019-2024)
8.4 Asia-Pacific Precision Farming Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Precision Farming Market Size (2019-2030)
9.2 Latin America Precision Farming Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Precision Farming Market Size by Country (2019-2024)
9.4 Latin America Precision Farming Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Precision Farming Market Size (2019-2030)
10.2 Middle East & Africa Precision Farming Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Precision Farming Market Size by Country (2019-2024)
10.4 Middle East & Africa Precision Farming Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Deere & Company
11.1.1 Deere & Company Company Detail
11.1.2 Deere & Company Business Overview
11.1.3 Deere & Company Precision Farming Introduction
11.1.4 Deere & Company Revenue in Precision Farming Business (2019-2024)
11.1.5 Deere & Company Recent Development
11.2 Trimble
11.2.1 Trimble Company Detail
11.2.2 Trimble Business Overview
11.2.3 Trimble Precision Farming Introduction
11.2.4 Trimble Revenue in Precision Farming Business (2019-2024)
11.2.5 Trimble Recent Development
11.3 Agco
11.3.1 Agco Company Detail
11.3.2 Agco Business Overview
11.3.3 Agco Precision Farming Introduction
11.3.4 Agco Revenue in Precision Farming Business (2019-2024)
11.3.5 Agco Recent Development
11.4 Agjunction
11.4.1 Agjunction Company Detail
11.4.2 Agjunction Business Overview
11.4.3 Agjunction Precision Farming Introduction
11.4.4 Agjunction Revenue in Precision Farming Business (2019-2024)
11.4.5 Agjunction Recent Development
11.5 Raven Industries
11.5.1 Raven Industries Company Detail
11.5.2 Raven Industries Business Overview
11.5.3 Raven Industries Precision Farming Introduction
11.5.4 Raven Industries Revenue in Precision Farming Business (2019-2024)
11.5.5 Raven Industries Recent Development
11.6 AG Leader Technology
11.6.1 AG Leader Technology Company Detail
11.6.2 AG Leader Technology Business Overview
11.6.3 AG Leader Technology Precision Farming Introduction
11.6.4 AG Leader Technology Revenue in Precision Farming Business (2019-2024)
11.6.5 AG Leader Technology Recent Development
11.7 SST Development Group
11.7.1 SST Development Group Company Detail
11.7.2 SST Development Group Business Overview
11.7.3 SST Development Group Precision Farming Introduction
11.7.4 SST Development Group Revenue in Precision Farming Business (2019-2024)
11.7.5 SST Development Group Recent Development
11.8 Teejet Technologies
11.8.1 Teejet Technologies Company Detail
11.8.2 Teejet Technologies Business Overview
11.8.3 Teejet Technologies Precision Farming Introduction
11.8.4 Teejet Technologies Revenue in Precision Farming Business (2019-2024)
11.8.5 Teejet Technologies Recent Development
11.9 Topcon Positioning Systems
11.9.1 Topcon Positioning Systems Company Detail
11.9.2 Topcon Positioning Systems Business Overview
11.9.3 Topcon Positioning Systems Precision Farming Introduction
11.9.4 Topcon Positioning Systems Revenue in Precision Farming Business (2019-2024)
11.9.5 Topcon Positioning Systems Recent Development
11.10 Dickey-John Corporation
11.10.1 Dickey-John Corporation Company Detail
11.10.2 Dickey-John Corporation Business Overview
11.10.3 Dickey-John Corporation Precision Farming Introduction
11.10.4 Dickey-John Corporation Revenue in Precision Farming Business (2019-2024)
11.10.5 Dickey-John Corporation Recent Development
11.11 Cropmetrics
11.11.1 Cropmetrics Company Detail
11.11.2 Cropmetrics Business Overview
11.11.3 Cropmetrics Precision Farming Introduction
11.11.4 Cropmetrics Revenue in Precision Farming Business (2019-2024)
11.11.5 Cropmetrics Recent Development
11.12 Hexagon Agriculture
11.12.1 Hexagon Agriculture Company Detail
11.12.2 Hexagon Agriculture Business Overview
11.12.3 Hexagon Agriculture Precision Farming Introduction
11.12.4 Hexagon Agriculture Revenue in Precision Farming Business (2019-2024)
11.12.5 Hexagon Agriculture Recent Development
11.13 Granular
11.13.1 Granular Company Detail
11.13.2 Granular Business Overview
11.13.3 Granular Precision Farming Introduction
11.13.4 Granular Revenue in Precision Farming Business (2019-2024)
11.13.5 Granular Recent Development
11.14 Prospera Technologies
11.14.1 Prospera Technologies Company Detail
11.14.2 Prospera Technologies Business Overview
11.14.3 Prospera Technologies Precision Farming Introduction
11.14.4 Prospera Technologies Revenue in Precision Farming Business (2019-2024)
11.14.5 Prospera Technologies Recent Development
11.15 Agribotix
11.15.1 Agribotix Company Detail
11.15.2 Agribotix Business Overview
11.15.3 Agribotix Precision Farming Introduction
11.15.4 Agribotix Revenue in Precision Farming Business (2019-2024)
11.15.5 Agribotix Recent Development
11.16 Autocopter Corp
11.16.1 Autocopter Corp Company Detail
11.16.2 Autocopter Corp Business Overview
11.16.3 Autocopter Corp Precision Farming Introduction
11.16.4 Autocopter Corp Revenue in Precision Farming Business (2019-2024)
11.16.5 Autocopter Corp Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Deere & Company
Trimble
Agco
Agjunction
Raven Industries
AG Leader Technology
SST Development Group
Teejet Technologies
Topcon Positioning Systems
Dickey-John Corporation
Cropmetrics
Hexagon Agriculture
Granular
Prospera Technologies
Agribotix
Autocopter Corp
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*If Applicable.
