Precision Agriculture Market Analysis By Component (Hardware, Software & Services), By Technology (Variable Rate Technology, Remote sensing, Guidance Systems), By Application, By Region, And Segment Forecasts, 2014 - 2025

Published: Jan, 2017 | Pages: 95 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global precision agriculture market is expected to reach USD 43.4 billion by 2025, according to a new report by Grand View Research, Inc. Precision agriculture is a farming technique which enables the efficient farming and improves the productivity with the application of various technologies. The technology provides the sustainable management of the resources for enhancing the food productivity.

The fingerprint sensing technology has become a widespread and reliable biometric technology, resulting in further developments of the technology. The rising popularity of the sensing technology has largely attributed to the increasing development of electronic devices, such as smartphones, with the growing demand for security.

With the growing advancements in the technology, the penetration of these sensors is expected to increase, owing to the flagship smartphones to be equipped with the technology. The growth in the market is dominated by tier one players, which include Samsung, Apple, Huawei, and other existing Chinese brands, such as Xiaomi, LeTV, and OnePlus, offering affordable flagships.

Mobile payments are expected to further fuel the penetration and availability of fingerprint authentication technology. Approximately, 50% of the smartphones are expected to be embedded with precision agriculture, as services, such as Android Pay, Apple Pay, and Samsung Pay, are gaining traction.

With the increasing trend of online retailing through mobile phones, mobile commerce is also projected to boost the sensing technology over the forecast period. The increasing applications of mobile wallet coupled with the continuously rising online shopping have also contributed to the industry. Integrating digital wallet has become one of the mobile e-commerce or m-commerce trends in the market, which is expected to aid in substantial growth in the coming years. Furthermore, transitions from mobile web to store app are also trending as the factors driving the precision agriculture market.

Although, biometrics technology-based devices are employed to counter security issues, theft ,or misuse, biometric data poses a severe risk to individual privacy, which can further hinder the market growth over the forecast period.

Further key findings from the report suggest:

Precision agriculture are gaining traction in the market, owing to the increasing awareness for enhanced production and less wastage

Variable rate technology is anticipated to witness significant growth over the forecast period, owing to the increased adoption of technology across the industry

The Asia Pacific region is projected to witness enormous growth with the increasing adoption of advanced technology in the countries, which include South Korea, China, and Japan

The prominent players of the precision agriculture market are Dickey-John Corporation, Precision Planting, Inc., Raven Industries, SST Development Group, Inc.

 Table of Contents

Chapter 1. Methodology and Scope
                      1.1. Research Methodology
                      1.2. Research Scope & Assumption
                      1.3. List of Data Sources 
Chapter 2. Executive Summary
                      2.1. Precision Agriculture - Market Snapshot & Key Buying Criteria, 2014 -2025
Chapter 3. Precision Agriculture Industry Outlook
                      3.1. Market Segmentation & Scope
                      3.2. Precision Agriculture Market Size and Growth Prospects
                      3.3. Precision Agriculture - Value Chain Analysis
                      3.4. Precision Agriculture-Market Dynamics
                      3.5. Market Driver Analysis
                           3.5.1. Increasing adoption of new technologies in farming
                           3.5.2. Increasing need for monitoring crop health for yield production
                           3.5.3. Government support for adopting the modern technologies
                      3.6. Market Restraint Analysis
                           3.6.1. Lack of awareness and knowledge in precision farming
                      3.7. Key Opportunities Prioritized
                      3.8. Industry Analysis - Porter's
                      3.9. Precision Agriculture- Key Company Analysis, 2015
                      3.10. Precision Agriculture - PEST Analysis
Chapter 4. Precision Agriculture Component Outlook
                      4.1. Hardware
                           4.1.1. Global market estimates and forecasts, 2014 - 2025
                      4.2. Software & Services
                           4.2.1. Global market estimates and forecasts, 2014 - 2025
Chapter 5. Precision Agriculture Technology Outlook
                      5.1. Guidance Systems
                           5.1.1. Global market estimates and forecasts, 2014 - 2025
                      5.2. Remote Sensing
                           5.2.1. Global market estimates and forecasts, 2014 - 2025
                      5.3. Variable Rate Technology (VRT)
                           5.3.1. Global market estimates and forecasts, 2014 - 2025
Chapter 6. Precision Agriculture Application Outlook
                      6.1. Yield Monitoring
                           6.1.1. Global market estimates and forecasts, 2014 - 2025
                      6.2. Variable Rate Application
                           6.2.1. Global market estimates and forecasts, 2014 - 2025
                      6.3. Field Mapping
                           6.3.1. Global market estimates and forecasts, 2014 - 2025
                      6.4. Crop Scouting
                           6.4.1. Global market estimates and forecasts, 2014 - 2025
                      6.5. Others
                           6.5.1. Global market estimates and forecasts, 2014 - 2025
Chapter 7. Precision Agriculture Regional Outlook
                      7.1. North America
                           7.1.1. Precision Agriculture market by component, 2014 - 2025
                           7.1.2. Precision Agriculture market by technology, 2014 - 2025
                           7.1.3. Precision Agriculture market by application, 2014 - 2025
                           7.1.4. U.S.
                                7.1.4.1. Precision Agriculture market by component, 2014 - 2025
                                7.1.4.2. Precision Agriculture market by technology, 2014 - 2025
                                7.1.4.3. Precision Agriculture market by application, 2014 - 2025
                           7.1.5. Canada
                                7.1.5.1. Precision Agriculture market by component, 2014 - 2025
                                7.1.5.2. Precision Agriculture market by technology, 2014 - 2025
                                7.1.5.3. Precision Agriculture market by application, 2014 - 2025
                           7.1.6. Mexico
                                7.1.6.1. Precision Agriculture market by component, 2014 - 2025
                                7.1.6.2. Precision Agriculture market by technology, 2014 - 2025
                                7.1.6.3. Precision Agriculture market by application, 2014 - 2025
                      7.2. Europe
                           7.2.1. Precision Agriculture market by component, 2014 - 2025
                           7.2.2. Precision Agriculture market by technology, 2014 - 2025
                           7.2.3. Precision Agriculture market by application, 2014 - 2025
                           7.2.4. Germany
                                7.2.4.1. Precision Agriculture market by component, 2014 - 2025
                                7.2.4.2. Precision Agriculture market by technology, 2014 - 2025
                                7.2.4.3. Precision Agriculture market by application, 2014 - 2025
                           7.2.5. UK
                                7.2.5.1. Precision Agriculture market by component, 2014 - 2025
                                7.2.5.2. Precision Agriculture market by technology, 2014 - 2025
                                7.2.5.3. Precision Agriculture market by application, 2014 - 2025
                           7.2.6. France
                                7.2.6.1. Precision Agriculture market by component, 2014 - 2025
                                7.2.6.2. Precision Agriculture market by technology, 2014 - 2025
                                7.2.6.3. Precision Agriculture market by application, 2014 - 2025
                           7.2.7. Spain
                                7.2.7.1. Precision Agriculture market by component, 2014 - 2025
                                7.2.7.2. Precision Agriculture market by technology, 2014 - 2025
                                7.2.7.3. Precision Agriculture market by application, 2014 - 2025
                           7.2.8. Italy
                                7.2.8.1. Precision Agriculture market by component, 2014 - 2025
                                7.2.8.2. Precision Agriculture market by technology, 2014 - 2025
                                7.2.8.3. Precision Agriculture market by application, 2014 - 2025
                      7.3. Asia Pacific
                           7.3.1. Precision Agriculture market by component, 2014 - 2025
                           7.3.2. Precision Agriculture market by technology, 2014 - 2025
                           7.3.3. Precision Agriculture market by application, 2014 - 2025
                           7.3.4. China
                                7.3.4.1. Precision Agriculture market by component, 2014 - 2025
                                7.3.4.2. Precision Agriculture market by technology, 2014 - 2025
                                7.3.4.3. Precision Agriculture market by application, 2014 - 2025
                           7.3.5. Japan
                                7.3.5.1. Precision Agriculture market by component, 2014 - 2025
                                7.3.5.2. Precision Agriculture market by technology, 2014 - 2025
                                7.3.5.3. Precision Agriculture market by application, 2014 - 2025
                           7.3.6. India
                                7.3.6.1. Precision Agriculture market by component, 2014 - 2025
                                7.3.6.2. Precision Agriculture market by technology, 2014 - 2025
                                7.3.6.3. Precision Agriculture market by application, 2014 - 2025
                           7.3.7. South Korea
                                7.3.7.1. Precision Agriculture market by component, 2014 - 2025
                                7.3.7.2. Precision Agriculture market by technology, 2014 - 2025
                                7.3.7.3. Precision Agriculture market by application, 2014 - 2025
                      7.4. South America
                           7.4.1. Precision Agriculture market by component, 2014 - 2025
                           7.4.2. Precision Agriculture market by technology, 2014 - 2025
                           7.4.3. Precision Agriculture market by application, 2014 - 2025
                           7.4.4. Brazil
                                7.4.4.1. Precision Agriculture market by component, 2014 - 2025
                                7.4.4.2. Precision Agriculture market by technology, 2014 - 2025
                                7.4.4.3. Precision Agriculture market by application, 2014 - 2025
                      7.5. MEA
                           7.5.1. Precision Agriculture market by component, 2014 - 2025
                           7.5.2. Precision Agriculture market by technology, 2014 - 2025
                           7.5.3. Precision Agriculture market by application, 2014 - 2025
Chapter 8. Competitive Landscape
                      8.1. AG Leader Technology
                           8.1.1. Company overview
                           8.1.2. Financial performance
                           8.1.3. Product benchmarking
                           8.1.4. Strategic initiatives
                      8.2. AGCO Corporation
                           8.2.1. Company overview
                           8.2.2. Financial performance of Fujitsu Limited
                           8.2.3. Product benchmarking
                      8.3. Agjunction, Inc.
                           8.3.1. Company overview
                           8.3.2. Financial performance
                           8.3.3. Product benchmarking
                           8.3.4. Strategic initiatives
                      8.4. Cropmetrics LLC
                           8.4.1. Company overview
                           8.4.2. Financial performance
                           8.4.3. Product benchmarking
                           8.4.4. Strategic initiatives
                      8.5. Deere & Company
                           8.5.1. Company overview
                           8.5.2. Financial performance
                           8.5.3. Product benchmarking
                           8.5.4. Strategic initiatives
                      8.6. Dickey-John Corporation
                           8.6.1. Company overview
                           8.6.2. Financial performance
                           8.6.3. Product benchmarking
                           8.6.4. Strategic initiatives
                      8.7. Precision Planting, Inc.
                           8.7.1. Company overview
                           8.7.2. Financial performance
                           8.7.3. Product benchmarking
                           8.7.4. Strategic initiatives
                      8.8. Raven Industries
                           8.8.1. Company overview
                           8.8.2. Financial performance
                           8.8.3. Product benchmarking
                           8.8.4. Strategic initiatives
                      8.9. SST Development Group, Inc.
                           8.9.1. Company overview
                           8.9.2. Financial performance
                           8.9.3. Product benchmarking
                           8.9.4. Strategic initiatives
                      8.10. Trimble, Inc.
                           8.10.1. Company overview
                           8.10.2. Financial performance
                           8.10.3. Product benchmarking
                           8.10.4. Strategic initiatives

List of Tables

TABLE 1 Precision Agriculture- Industry Snapshot &Key Buying Criteria, 2014 - 2025
TABLE 2 Global Precision Agriculture market, 2014 - 2025 (USD Billion)
TABLE 3 Global Precision Agriculturemarket estimates and forecasts by component, 2014 - 2025 (USD Billion)
TABLE 4 Global Precision Agriculture market estimates and forecasts by technology, 2014 - 2025 (USD Billion)
TABLE 5 Global Precision Agriculturemarket estimates and forecasts by application, 2014 - 2025 (USD Billion)
TABLE 6 Global hardware market by region, 2014 - 2025 (USD Billion)
TABLE 7 Global software & services market by region, 2014 - 2025 (USD Billion)
TABLE 8 Global guidance system market by region, 2014 - 2025 (USD Billion)
TABLE 9 Global remote sensing market by region, 2014 - 2025 (USD Billion)
TABLE 10 Global variable rate technology market by region, 2014 - 2025 (USD Billion)
TABLE 11 Global yield monitoring market by region, 2014 - 2025 (USD Billion)
TABLE 12 Global variable rate application market by region, 2014 - 2025 (USD Billion)
TABLE 13 Global field mapping market by region, 2014 - 2025 (USD Billion)
TABLE 14 Global crop scouting market by region, 2014 - 2025 (USD Billion)
TABLE 17 Global others application market by region, 2014 - 2025 (USD Billion)
TABLE 18 North America Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 19 North America Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 20 North America Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 21 U.S.Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 22 U.S.Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 23 U.S.Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 24 Canada Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 25 Canada Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 26 Canada Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 27 Mexico Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 28 Mexico Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 29 Mexico Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 30 Europe Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 31 Europe Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 32 Europe Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 33 GermanyPrecision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 34 Germany Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 35 Germany Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 36 UK Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 37 UK Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 38 UK Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 36 France Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 37 France Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 38 France Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 36 Spain Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 37 Spain Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 38 Spain Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 36 Italy Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 37 Italy Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 38 Italy Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 39 Asia Pacific Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 40 Asia Pacific Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 41 Asia Pacific Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 42 Japan Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 43 Japan Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 44 Japan Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 45 China Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 46 China Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 47 China Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 48 India Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 49 India Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 50 India Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 48 South Korea Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 49 South Korea Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 50 South Korea Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 51 South America Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 52 South America Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 53 South America Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 54 Brazil Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 55 Brazil Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 56 Brazil Precision Agriculture market by application, 2014 - 2025 (USD Billion)
TABLE 57 MEA Precision Agriculture market by component, 2014 - 2025 (USD Billion)
TABLE 58 MEA Precision Agriculture market by technology, 2014 - 2025 (USD Billion)
TABLE 59 MEA Precision Agriculture market by application, 2014 - 2025 (USD Billion)