Home / Market Research / Precision Farming - Global Market Outlook (2015-2022)

Precision Farming - Global Market Outlook (2015-2022)

Published: Feb 2016 | No Of Pages: 121 | Published By: Stratistics MRC

According to Stratistics MRC, the Global Precision Farming market accounted for $2.81 billion in 2014 and is expected to grow at a CAGR of 12.5% to reach $6.43 billion by 2022. The market is expected to benefit from promising market investments that are lifting the standards of agriculture, which offer high yields and profits. Growing demand for food is pushing the growers to adopt precision farming techniques and optimize their resources efficiently with minimum wastages. Factors such as high initial investment costs, lack of technological skills, and reluctance to adopt the latest technologies for farming practices are inhibiting the market.

The increasing eminence of telematics technologies is expected to fuel the market growth during the forecast period. Government interventions and energy & cost efficiency are the driving factors for the global market. Huge economic development and growing population in Asia Pacific are the major factors responsible for market growth in this region.

Some of the key players in the global precision farming market include ACGO Corporation, Dickey-John Corporation, Syngenta AG, Ag Leader Technology, John Deere & Company, Micro Trak Systems, Teejet Technologies, Lindsay Corp., Precision Planting Inc., Raven Industries Inc., Monsanto, Novariant Inc., Topcon Precision Agriculture, SST Development Group Inc., Agjunction Inc., and Trimble Navigation Limited.

Technology Types of Precision Farming Covered:
• Global Positioning System (GPS)/ Global Navigation Satellite System (GNSS)
• Geographical Information System (GIS)
• Remote Sensing
o Hand-Held
o Satellite Based Sensing
• Variable Rate Technologies (VRT)
o Variable Rate Fertilizer
o Variable Rate Pesticide
o Variable Rate Seeding

Applications Covered:
• Yield Monitoring
• Variable Rate Application (VRA)
• Mapping
• Soil Monitoring
• Precision Irrigation
• Crop Scouting

Components Covered:
• Automation & Control Systems
• Farm Management Systems (FMS)
• Sensing & Monitoring Devices

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Precision Farming Market, By Technology Type
5.1 Introduction
5.2 Global Positioning System (GPS)/ Global Navigation Satellite System (GNSS)
5.3 Geographical Information System (GIS)
5.4 Remote Sensing
5.4.1 Hand-Held
5.4.2 Satellite Based Sensing
5.5 Variable Rate Technologies (VRT)
5.5.1 Variable Rate Fertilizer
5.5.2 Variable Rate Pesticide
5.5.3 Variable Rate Seeding

6 Global Precision Farming Market, By Applications
6.1 Introduction
6.2 Yield Monitoring
6.3 Variable Rate Application (VRA)
6.4 Mapping
6.5 Soil Monitoring
6.6 Precision Irrigation
6.7 Crop Scouting

7 Global Precision Farming Market, By Components
7.1 Introduction
7.2 Automation & Control Systems
7.3 Farm Management Systems (FMS)
7.4 Sensing & Monitoring Devices

8 Global Precision Farming Market, By Geography
8.1 North America
8.1.1 US
8.1.2 Canada
8.1.3 Mexico
8.2 Europe
8.2.1 Germany
8.2.2 France
8.2.3 Italy
8.2.4 UK
8.2.5 Spain
8.2.6 Rest of Europe
8.3 Asia Pacific
8.3.1 Japan
8.3.2 China
8.3.3 India
8.3.4 Australia
8.3.5 New Zealand
8.3.6 Rest of Asia Pacific
8.4 Rest of the World
8.4.1 Middle East
8.4.2 Brazil
8.4.3 Argentina
8.4.4 South Africa
8.4.5 Egypt

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 ACGO Corporation
10.2 Dickey-John Corporation
10.3 Syngenta AG
10.4 Ag Leader Technology
10.5 John Deere & Company
10.6 Micro Trak Systems
10.7 Teejet Technologies
10.8 Lindsay Corp.
10.9 Precision Planting Inc.
10.10 Raven Industries Inc.
10.11 Monsanto
10.12 Novariant, Inc.
10.13 Topcon Precision Agriculture
10.14 SST Development Group, Inc.
10.15 Agjunction Inc.
10.16 Trimble Navigation Limited

1 Global Precision Farming Market Outlook, By Region (2012-2022) ($MN)
2 Global Precision Farming Market Outlook, By Technology Type (2012-2022) ($MN)
3 Global Precision Farming Market Outlook, By GPS/ GNSS (2012-2022) ($MN)
4 Global Precision Farming Market Outlook, By Geographical Information System (GIS) (2012-2022) ($MN)
5 Global Precision Farming Market Outlook, By Remote Sensing (2012-2022) ($MN)
6 Global Precision Farming Market Outlook, By Hand-Held (2012-2022) ($MN)
7 Global Precision Farming Market Outlook, By Satellite Based Sensing (2012-2022) ($MN)
8 Global Precision Farming Market Outlook, By Variable Rate Technologies (VRT) (2012-2022) ($MN)
9 Global Precision Farming Market Outlook, By Variable Rate Fertilizer (2012-2022) ($MN)
10 Global Precision Farming Market Outlook, By Variable Rate Pesticide (2012-2022) ($MN)
11 Global Precision Farming Market Outlook, By Variable Rate Seeding (2012-2022) ($MN)
12 Global Precision Farming Market Outlook, By Applications (2012-2022) ($MN)
13 Global Precision Farming Market Outlook, By Yield Monitoring (2012-2022) ($MN)
14 Global Precision Farming Market Outlook, By Variable Rate Application (VRA)(2012-2022) ($MN)
15 Global Precision Farming Market Outlook, By Mapping (2012-2022) ($MN)
16 Global Precision Farming Market Outlook, By Soil Monitoring (2012-2022) ($MN)
17 Global Precision Farming Market Outlook, By Precision Irrigation (2012-2022) ($MN)
18 Global Precision Farming Market Outlook, By Crop Scouting (2012-2022) ($MN)
19 Global Precision Farming Market Outlook, By Components (2012-2022) ($MN)
20 Global Precision Farming Market Outlook, By Automation & Control Systems (2012-2022) ($MN)
21 Global Precision Farming Market Outlook, By Farm Management Systems (FMS) (2012-2022) ($MN)
22 Global Precision Farming Market Outlook, By Sensing & Monitoring Devices (2012-2022) ($MN)
23 North America Precision Farming Market Outlook, By Technology Type (2012-2022) ($MN)
24 North America Precision Farming Market Outlook, By GPS/ GNSS (2012-2022) ($MN)
25 North America Precision Farming Market Outlook, By Geographical Information System (GIS) (2012-2022) ($MN)
26 North America Precision Farming Market Outlook, By Remote Sensing (2012-2022) ($MN)
27 North America Precision Farming Market Outlook, By Hand-Held (2012-2022) ($MN)
28 North America Precision Farming Market Outlook, By Satellite Based Sensing (2012-2022) ($MN)
29 North America Precision Farming Market Outlook, By Variable Rate Technologies (VRT) (2012-2022) ($MN)
30 North America Precision Farming Market Outlook, By Variable Rate Fertilizer (2012-2022) ($MN)
31 North America Precision Farming Market Outlook, By Variable Rate Pesticide (2012-2022) ($MN)
32 North America Precision Farming Market Outlook, By Variable Rate Seeding (2012-2022) ($MN)
33 North America Precision Farming Market Outlook, By Applications (2012-2022) ($MN)
34 North America Precision Farming Market Outlook, By Yield Monitoring (2012-2022) ($MN)
35 North America Precision Farming Market Outlook, By Variable Rate Application (VRA)(2012-2022) ($MN)
36 North America Precision Farming Market Outlook, By Mapping (2012-2022) ($MN)
37 North America Precision Farming Market Outlook, By Soil Monitoring (2012-2022) ($MN)
38 North America Precision Farming Market Outlook, By Precision Irrigation (2012-2022) ($MN)
39 North America Precision Farming Market Outlook, By Crop Scouting (2012-2022) ($MN)
40 North America Precision Farming Market Outlook, By Components (2012-2022) ($MN)
41 North America Precision Farming Market Outlook, By Automation & Control Systems (2012-2022) ($MN)
42 North America Precision Farming Market Outlook, By Farm Management Systems (FMS) (2012-2022) ($MN)
43 North America Precision Farming Market Outlook, By Sensing & Monitoring Devices (2012-2022) ($MN)
44 Europe Precision Farming Market Outlook, By Technology Type (2012-2022) ($MN)
45 Europe Precision Farming Market Outlook, By GPS/ GNSS (2012-2022) ($MN)
46 Europe Precision Farming Market Outlook, By Geographical Information System (GIS) (2012-2022) ($MN)
47 Europe Precision Farming Market Outlook, By Remote Sensing (2012-2022) ($MN)
48 Europe Precision Farming Market Outlook, By Hand-Held (2012-2022) ($MN)
49 Europe Precision Farming Market Outlook, By Satellite Based Sensing (2012-2022) ($MN)
50 Europe Precision Farming Market Outlook, By Variable Rate Technologies (VRT) (2012-2022) ($MN)
51 Europe Precision Farming Market Outlook, By Variable Rate Fertilizer (2012-2022) ($MN)
52 Europe Precision Farming Market Outlook, By Variable Rate Pesticide (2012-2022) ($MN)
53 Europe Precision Farming Market Outlook, By Variable Rate Seeding (2012-2022) ($MN)
54 Europe Precision Farming Market Outlook, By Applications (2012-2022) ($MN)
55 Europe Precision Farming Market Outlook, By Yield Monitoring (2012-2022) ($MN)
56 Europe Precision Farming Market Outlook, By Variable Rate Application (VRA)(2012-2022) ($MN)
57 Europe Precision Farming Market Outlook, By Mapping (2012-2022) ($MN)
58 Europe Precision Farming Market Outlook, By Soil Monitoring (2012-2022) ($MN)
59 Europe Precision Farming Market Outlook, By Precision Irrigation (2012-2022) ($MN)
60 Europe Precision Farming Market Outlook, By Crop Scouting (2012-2022) ($MN)
61 Europe Precision Farming Market Outlook, By Components (2012-2022) ($MN)
62 Europe Precision Farming Market Outlook, By Automation & Control Systems (2012-2022) ($MN)
63 Europe Precision Farming Market Outlook, By Farm Management Systems (FMS) (2012-2022) ($MN)
64 Europe Precision Farming Market Outlook, By Sensing & Monitoring Devices (2012-2022) ($MN)
65 Asia Pacific Precision Farming Market Outlook, By Technology Type (2012-2022) ($MN)
66 Asia Pacific Precision Farming Market Outlook, By GPS/ GNSS (2012-2022) ($MN)
67 Asia Pacific Precision Farming Market Outlook, By Geographical Information System (GIS) (2012-2022) ($MN)
68 Asia Pacific Precision Farming Market Outlook, By Remote Sensing (2012-2022) ($MN)
69 Asia Pacific Precision Farming Market Outlook, By Hand-Held (2012-2022) ($MN)
70 Asia Pacific Precision Farming Market Outlook, By Satellite Based Sensing (2012-2022) ($MN)
71 Asia Pacific Precision Farming Market Outlook, By Variable Rate Technologies (VRT) (2012-2022) ($MN)
72 Asia Pacific Precision Farming Market Outlook, By Variable Rate Fertilizer (2012-2022) ($MN)
73 Asia Pacific Precision Farming Market Outlook, By Variable Rate Pesticide (2012-2022) ($MN)
74 Asia Pacific Precision Farming Market Outlook, By Variable Rate Seeding (2012-2022) ($MN)
75 Asia Pacific Precision Farming Market Outlook, By Applications (2012-2022) ($MN)
76 Asia Pacific Precision Farming Market Outlook, By Yield Monitoring (2012-2022) ($MN)
77 Asia Pacific Precision Farming Market Outlook, By Variable Rate Application (VRA)(2012-2022) ($MN)
78 Asia Pacific Precision Farming Market Outlook, By Mapping (2012-2022) ($MN)
79 Asia Pacific Precision Farming Market Outlook, By Soil Monitoring (2012-2022) ($MN)
80 Asia Pacific Precision Farming Market Outlook, By Precision Irrigation (2012-2022) ($MN)
81 Asia Pacific Precision Farming Market Outlook, By Crop Scouting (2012-2022) ($MN)
82 Asia Pacific Precision Farming Market Outlook, By Components (2012-2022) ($MN)
83 Asia Pacific Precision Farming Market Outlook, By Automation & Control Systems (2012-2022) ($MN)
84 Asia Pacific Precision Farming Market Outlook, By Farm Management Systems (FMS) (2012-2022) ($MN)
85 Asia Pacific Precision Farming Market Outlook, By Sensing & Monitoring Devices (2012-2022) ($MN)
86 Rest of the World Precision Farming Market Outlook, By Technology Type (2012-2022) ($MN)
87 Rest of the World Precision Farming Market Outlook, By GPS/ GNSS (2012-2022) ($MN)
88 Rest of the World Precision Farming Market Outlook, By Geographical Information System (GIS) (2012-2022) ($MN)
89 Rest of the World Precision Farming Market Outlook, By Remote Sensing (2012-2022) ($MN)
90 Rest of the World Precision Farming Market Outlook, By Hand-Held (2012-2022) ($MN)
91 Rest of the World Precision Farming Market Outlook, By Satellite Based Sensing (2012-2022) ($MN)
92 Rest of the World Precision Farming Market Outlook, By Variable Rate Technologies (VRT) (2012-2022) ($MN)
93 Rest of the World Precision Farming Market Outlook, By Variable Rate Fertilizer (2012-2022) ($MN)
94 Rest of the World Precision Farming Market Outlook, By Variable Rate Pesticide (2012-2022) ($MN)
95 Rest of the World Precision Farming Market Outlook, By Variable Rate Seeding (2012-2022) ($MN)
96 Rest of the World Precision Farming Market Outlook, By Applications (2012-2022) ($MN)
97 Rest of the World Precision Farming Market Outlook, By Yield Monitoring (2012-2022) ($MN)
98 Rest of the World Precision Farming Market Outlook, By Variable Rate Application (VRA)(2012-2022) ($MN)
99 Rest of the World Precision Farming Market Outlook, By Mapping (2012-2022) ($MN)
100 Rest of the World Precision Farming Market Outlook, By Soil Monitoring (2012-2022) ($MN)
101 Rest of the World Precision Farming Market Outlook, By Precision Irrigation (2012-2022) ($MN)
102 Rest of the World Precision Farming Market Outlook, By Crop Scouting (2012-2022) ($MN)
103 Rest of the World Precision Farming Market Outlook, By Components (2012-2022) ($MN)
104 Rest of the World Precision Farming Market Outlook, By Automation & Control Systems (2012-2022) ($MN)
105 Rest of the World Precision Farming Market Outlook, By Farm Management Systems (FMS) (2012-2022) ($MN)
106 Rest of the World Precision Farming Market Outlook, By Sensing & Monitoring Devices (2012-2022) ($MN)

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