About precision agriculture
The area of arable land has been declining and has limited the food production potential. Farmers are facing the pressure of maximizing production within these limitations and are pursuing progressive techniques to make their farmlands more efficient. Precision agriculture techniques aid in managing farm lands more effectively, thereby increasing food production in a sustainable manner.
Farmers have always strived to mitigate the costs associated with inputs and increase yields; this goal is achieved through precision farming. Agriculture machine manufacturers are investing in R&D to produce more efficient presicion farming equipment.
Technavio's analysts forecast the global precision agriculture market to grow at a CAGR of 14.43% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global precision agriculture market for 2014-2019. To calculate the market size, the report considers the revenue generated from sales of the following precision farming products:
• Automation and control systems
• Sensing and monitoring devices
• Farm management systems
Technavio's report, Global Precision Agriculture Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the landscape of the global precision agriculture market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions
• APAC
• Europe
• Latin America
• MEA
• North America
Key vendors
• Ag Leader
• AGCO Corporation
• AgJunction
• Deere
• Trimble
Other prominent vendors
• CNH Industrial
• Derr Equipment
• DICKEY-John
• Monsanto
• MTS Systems
• Raven Industries
• Site-Specific Technology Development Group
• TeeJet Technologies
Key market driver
• Growing awareness and acceptance
• For a full, detailed list, view our report
Key market challenge
• High initial investment
• For a full, detailed list, view our report
Key market trend
• Shift toward sustainable agriculture
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Product offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Global agriculture: an overview
Agricultural production
Global agricultural land
PART 06: Precision farming: an overview
Precision farming: an overview
PART 07: Applications of precision farming
PART 08: Market landscape
Global precision agriculture market
Five forces analysis
PART 09: Market segmentation by product
Global precision agriculture market by product
Global precision automation and control systems market
Global sensing and monitoring devices market
Global farm management systems market
PART 10: Geographical segmentation
Global precision agriculture market by geography
Precision agriculture market in Europe
Precision agriculture market in APAC
Precision agriculture market in Latin America
Precision agriculture market in MEA
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
Competitive scenario
AGCO
AgJunction
Ag Leader
Deere & Co.
Trimble
Other prominent vendors
PART 17: Other prominent vendors
CNH Industrial
Derr Equipment
DICKEY-john
Monsanto
MTS Systems
Raven Industries
Site-Specific Technology Development Group
TeeJet Technologies
Topcon Precision Agriculture
PART 18: Key vendor analysis
Ag Leader Technology
AGCO Corporation
AgJunction
Deere & Co.
Trimble
PART 19: Appendix
List of abbreviation
PART 20: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: World population (billions of lives) versus arable land (hectare per person) 1950-2050
Exhibit 03: Growth in agricultural production 1997-2030 (per annum)
Exhibit 04: Global agricultural land 2010-2014
Exhibit 05: Precision farming process
Exhibit 06: Applications of precision farming
Exhibit 07: Global precision agriculture market 2014-2019 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Global precision agriculture market by product
Exhibit 10: Global precision agriculture market: Segmentation by product 2014
Exhibit 11: Global precision agriculture market: Segmentation by product 2019
Exhibit 12: Global precision automation and control systems market 2014-2019 ($ billions)
Exhibit 13: Global sensing and monitoring devices market 2014-2019 ($ billions)
Exhibit 14: Global farm management systems market 2014-2019 ($ millions)
Exhibit 15: Global precision agriculture market: Segmentation by geography 2014
Exhibit 16: Global precision agriculture market: Segmentation by geography 2019
Exhibit 17: Global precision agriculture market: Segmentation by geography 2014-2019
Exhibit 18: Precision agriculture market in North America 2014-2019 ($ billions)
Exhibit 19: Arable land in North America 1961-2012 (ha per person)
Exhibit 20: Precision agriculture market in Europe 2014-2019 ($ millions)
Exhibit 21: Arable land in Europe (ha per person) 1971 and 2011
Exhibit 22: Precision agriculture market in APAC 2014-2019 ($ millions)
Exhibit 23: Precision agriculture market in Latin America 2014-2019 ($ millions)
Exhibit 24: Precision agriculture market in MEA 2014-2019 ($ millions)
Exhibit 25: World population 2014-2019 (billions)
Exhibit 26: Impact of drivers
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Mergers and acquisitions in precision agriculture market in US 2012-2015
Exhibit 29: Investments in precision agriculture market in US 2012-2013
Exhibit 30: AGCO: Product segmentation by revenue 2014
Exhibit 31: AGCO: Product segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 32: AGCO: Geographical segmentation by revenue 2014
Exhibit 33: AgJunction: Business segmentation by revenue 2014
Exhibit 34: AgJunction: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 35: AgJunction: Geographical segmentation by revenue 2014
Exhibit 36: Deere & Co.: Business segmentation by revenue 2014
Exhibit 37: Deere & Co.: Geographical segmentation by revenue 2014
Exhibit 38: Trimble: Business segmentation by revenue 2014
Exhibit 39: Trimble: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 40: Trimble: Geographical segmentation by revenue 2014
