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Global Precision Agriculture Systems Market Trends, Analysis, And Forecast To 2025
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Description

Precision agricultural systems market is a modern farming technique used for measuring, observing and responding to the field variabilities in crops cycle. With the help of this system, farmers can break down a large field into smaller group of fields and manage them effectively. This results in reduced misapplication of crops and increase farm productivity and efficiency. By studying certain attributes of the filed using precision agriculture, farmers can produce more food at a fraction of the cost. In addition, to conserving soil for sustainable food production.

Growing demand for increasing crop productivity and efficiency, government initiatives on supporting of adopting modern agricultural techniques, rapid innovation in technology are some of the drivers that are expected to boost the growth of Precision Agriculture Systems market. High cost associated with the initial investments and lack of awareness in developing region is anticipated to hinder the growth of market to a certain extent.

The global Precision Agriculture Systems market can be segmented on the basis of product type, technology, application and region. on the basis of product type, the global Precision Agriculture Systems market can be segmented into hardware, software and services. Hardware segment can be further segmented into Automation & Control System and sensing and Monitoring Devices. Software segment can be further divided into on-premise and cloud based. Services segment can be further segmented into system integration, managed, consulting and maintenance and support services. On the basis of technology, the global Precision Agriculture Systems can be segmented into remote sensing, guidance system and variable rate technologies. on the basis of application, the global Precision Agriculture Systems market can be segmented into Yield Monitoring, Boundary mapping, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management and others. In addition, yield monitoring can be further segmented into on-farm and off-farm monitoring. Field mapping can be further segmented into boundary and drainage mapping. On the basis of region, the global Precision Agriculture Systems Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Currently North America precision agricultural systems market accounts for the largest share of the global market. In addition, variable rate technology segment sis anticipated to gain a higher cagr during the forecast period.

Some of the key players in the global Precision Agriculture Systems Market include Deere & Company, Trimble, Inc., Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, Precision Planting, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC.

Table of Content

  1. Executive Summary
  2. Research Methodology
    1. Market Definition
    2. Market Scope
    3. Data Sources
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Industry Overview
    1. Value Chain Analysis
    2. Porter’s Five Forces Analysis
    3. Key Trends
  5. Global Precision Agriculture Systems Market By Segments (2017-2023)
    1. Global Precision Agriculture Systems Market By Product Type
    2. Global Precision Agriculture Systems Market By Technology
    3. Global Precision Agriculture Systems Market By Application
  6. Global Precision Agriculture Systems Market, By Regions (2017-2023)
    1. North America Precision Agriculture Systems Market
      1. North America Precision Agriculture Systems Market By Product Type
      2. North America Precision Agriculture Systems Market By Technology
      3. North America Precision Agriculture Systems Market By Application
      4. North America Precision Agriculture Systems Market By Country
        1. U.S. Precision Agriculture Systems Market
        2. Rest of North America Precision Agriculture Systems Market
    2. Europe Precision Agriculture Systems Market
      1. Europe Precision Agriculture Systems Market By Product Type
      2. Europe Precision Agriculture Systems Market By Technology
      3. Europe Precision Agriculture Systems Market By Application
      4. Europe Precision Agriculture Systems Market By Country
        1. France Precision Agriculture Systems Market
        2. Germany Precision Agriculture Systems Market
        3. U.K Precision Agriculture Systems Market
        4. Rest of Europe Precision Agriculture Systems Market
    3. Asia Pacific Precision Agriculture Systems Market
      1. Asia-Pacific Precision Agriculture Systems Market By Product Type
      2. Asia-Pacific Precision Agriculture Systems Market By Technology
      3. Asia-Pacific Precision Agriculture Systems Market By Application
      4. Asia-Pacific Precision Agriculture Systems Market By Country
        1. China Precision Agriculture Systems Market
        2. Japan Precision Agriculture Systems Market
        3. India Precision Agriculture Systems Market
        4. Rest of Asia Pacific Precision Agriculture Systems Market
    4. Middle East & Africa Precision Agriculture Systems Market
      1. Middle East & Africa Precision Agriculture Systems Market By Product Type
      2. Middle East & Africa Precision Agriculture Systems Market By Technology
      3. Middle East & Africa Precision Agriculture Systems Market By Application
      4. Middle East & Africa Precision Agriculture Systems Market By Country
        1. GCC  Precision Agriculture Systems Market
        2. South Africa Precision Agriculture Systems Market
        3. Rest of Middle East & Africa Precision Agriculture Systems Market
    5. Latin America Precision Agriculture Systems Market
      1. Latin America Precision Agriculture Systems Market By Product Type
      2. Latin America Precision Agriculture Systems Market By Technology
      3. Latin America Precision Agriculture Systems Market By Application
      4. Latin America Precision Agriculture Systems Market By Country
        1. Brazil Precision Agriculture Systems Market
        2. Rest of Latin America Precision Agriculture Systems Market
  7. Market Competition Analysis
    1. Market Share/Positioning Analysis
    2. Key Innovators
    3. Company Profiles
      1.  Deere & Company
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      2. Trimble, Inc.
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      3. Raven Industries
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      4. Agjunction, Inc.
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      5. AGCO Corporation
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      6. Precision Planting, Inc.
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      7. SST Development Group, Inc.
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      8. Teejet Technologies
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      9. Topcon Positioning Systems, Inc.
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      10. Dickey-John Corporation
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Developments
      11. Cropmetrics LLC
        1. Overview
        2. Product/Service Offerings
        3. Strategy
        4. Key Development

Research Methodology

This research study involved the usage of extensive secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and Avention; white papers; annual reports; company house documents; and SEC filings of companies. Secondary research was mainly used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the market. It was also used to obtain key information about the market classification and segmentation according to the industry trends, regional markets, and developments related to the market and technology perspectives. Primary sources were mainly several industry experts from core and related industries; and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry‘s value chain. In-depth interviews were conducted from various primary respondents which included key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure shows the market research methodology applied in making this report.



After the complete market engineering (which includes calculations for market statistics, market breakdown, market size estimation, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types and key market dynamics such as drivers, restraints, and opportunities.

In the complete market engineering process, both top-down and bottom-up approaches were extensively used along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

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