The global precision agriculture market to reach approx. US$ 7.9 billion by 2022 growing at a CAGR of 16%. Precision agriculture involves the smart usage of technology to enable better decision making and optimized use of resources on farming. Precision agriculture can stand to be a key to achieve higher yields and to effectively tackle the rising food demand. Precision farming, involves deployment of a web of sensors, drones and software to gather, process and analyze data to derive actionable insights for on-farm decisions. Worldwide precision agriculture market research report considers the present scenario and growth aspect of worldwide precision agriculture market for the period 2017?2022. It includes the market growth drivers, trends, and restraints and provides an in-depth analysis of the market size of the major regions and key countries. It also analyzes leading five vendors and ten other prominent vendors in the precision agriculture market. Scope of the Report: This market research report categories the global precision agriculture market based on component, application type and geography. The report provides the market size... Research Beam Model: Research Beam Product ID: 1092823 3500 USD New
Global Precision Agriculture Market - Strategic Assessment and Forecast 2017-2022

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Global Precision Agriculture Market - Strategic Assessment and Forecast 2017-2022

 
  • Category : Food & Beverages
  • Published On : January  2017
  • Pages : 141
 
 
The global precision agriculture market to reach approx. US$ 7.9 billion by 2022 growing at a CAGR of 16%.
Precision agriculture involves the smart usage of technology to enable better decision making and optimized use of resources on farming. Precision agriculture can stand to be a key to achieve higher yields and to effectively tackle the rising food demand. Precision farming, involves deployment of a web of sensors, drones and software to gather, process and analyze data to derive actionable insights for on-farm decisions.
Worldwide precision agriculture market research report considers the present scenario and growth aspect of worldwide precision agriculture market for the period 2017?2022. It includes the market growth drivers, trends, and restraints and provides an in-depth analysis of the market size of the major regions and key countries. It also analyzes leading five vendors and ten other prominent vendors in the precision agriculture market.

Scope of the Report:
This market research report categories the global precision agriculture market based on component, application type and geography. The report provides the market size in terms of revenue

By Component
• Hardware
o Sensors
o Drones
o GPS Devices
• Software

By Application
• Guidance and Monitoring System
o GIS
o GNSS
o Remote Sensing
• Variable Rate Technology
• Telematics

By Geography
• APAC
• EMEA
• Latin America
• North America

By Countries
• Africa
• Australia
• Canada
• China
• Europe
• France
• Germany
• India
• Japan
• South Korea
• Spain
• US
The market research report also provides the market share and profiles the key vendors operating in the global precision agriculture market and provides the detailed competitive landscape of key players.

Precision Agriculture Market - Market Size and Dynamics
Analysts at Beige Market Intelligence expects the worldwide precision agriculture market to reach approx. US$ 7.9 billion growing at a CAGR of 16%. The market is going to witness a drastic growth due to the huge adoption of precision agriculture. The evolution of GIS and GNSS ecosystem, falling prices of sensors and the mobile revolution has enabled the adoption of navigation systems and its expanded application in the domain of agriculture. Some of the major factors that are driving the adoption of precision agriculture are Urbanisation, climatic factors, demand and price agility and sustainability.
Guidance and monitoring systems, Variable rate technologies and Telematics are some of the major applications discussed in precision agriculture. Guidance and monitoring systems remains to be the fastest growing application. Guidance systems can be termed to be in advanced stage of adoption on account of well-established case studies in various other applications (GPS and remote sensing). Variable rate technologies on the other hand are limited by the fact that they are to be integrated with the conventional farm equipment for their end use accomplishment. GIS and remote sensing is majorly used by federal agencies and research projects for large-scale analysis in agriculture.

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Precision Agriculture Market - Trends, Drivers, and Challenges
The market research report outlines the emerging trends, major driving factors and upcoming challenges of global precision agriculture market. Proliferation of mobile connectivity and smartphones, volatile prices of commodities and input raw materials, population growth driving increased food demand are among the major driving factors of precision agriculture market described in the report.
The global precision agriculture market is going to witness a dramatic shift in its growth due to the emerging trends in the global market. One of the emerging trends of precision agriculture market included and analysed in the report are regulatory frameworks to impart better clarity on UAV usage. Drones constitute a vital device of the Precision agriculture ecosystem. The regulatory landscape associated with the usage of drones is undergoing an evolution with policy makers wither upgrading the regulatory frameworks or establishing new ones.
The adoption of smartphones in farming community is viewed as a precursor to Precision agriculture for that it enables better exchange of information with various stakeholders. Hence, proliferation of mobile connectivity and smartphones is described as one of the major factors driving the growth of the market.
The report contains the details of the upcoming challenges for the precision agriculture market. It also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

Precision Agriculture Market - Geographical Analysis
The report includes the market analysis of global precision agriculture market in different regions such as North America, APAC, EMEA and Latin America. The report outlines the major market share holder in the market and the market size analysis of all the regions. The market research report also provides the market size and forecast of key countries. Precision agriculture fits the requirement of adopting improved technologies in the major countries of APAC region to enhance their yields. Countries such as India, China, Japan, Indonesia and Bangladesh represents a huge market for precision agriculture.
EMEA represents a diverse yet large agricultural markets that are characterized with their own set of nuances. While Europe represents an ideal ready-to-be tapped opportunity for Precision agriculture players, the same is not the case for Middle East and Africa.
North America represents the largest market for Precision agriculture also US stands to be the largest market. The region represents the fastest in terms of growth and largest in the world in terms of adoption and demand for precision agriculture.

Precision Agriculture Market - Market Share and Key Vendors
This market research report profiles the major companies in the market and also provides the competitive landscape of key players. Within the report covers the entire precision agriculture market outlook regarding the value chain operating within the market. The major players in the market include
• AGCO Corporation
• AgJunction
• Deere and Company
• Trimble Navigation
• Topcon Corporation

Other Top Vendors of precision agriculture market include Ag Leader Technology, DICKEY - john Corporation, Precision Planting Company , Lindsay, Raven Industries, Novaraint Inc, SST Software, TeeJet Technologies, Valmont Industries, Yara International.

Why Should you buy this report?
The report gives reasonable answers for the following questions which leads you to know the in- depth market analysis of precision agriculture market such as
1. How has the market been performing and what are some of the current changes which are expected to change the landscape of electronic precision agriculture in the coming years?
2. What are the various factors that can affect the market and in what way over the next few years?
3. What are the emerging trends and challenges for the market over the next five years?
4. What is the market size and market forecast for each market segment?
5. What is the market size and market forecast for each user type?
6. Which regions are going to have the largest market share and what are the factors propelling the market growth in that region?
7. Which are the key countries and the market size and market forecast in the key countries?
8. Which companies are the key vendors in the market?
9. What are the strategies used by the top vendors, and what are the opportunities to grow?
10. Which companies are the emerging vendors?

CONTENTS

Section 1 Research Methodology

Section 2 Executive Summary

Section 3 Report Coverage
3.1 Report assumption
3.2 Scope of the Report
3.3 Currency Exchange Rates
3.4 Market derivation

Section 4 Introduction

Section 5 Key Market Trends
5.1 Regulatory frameworks to impart better clarity on UAV usage
5.2 Big Data and Internet of Ag Things
5.3 Global Increase in Minimum Labor Wages warranting the need to control input costs

Section 6 Key Market Drivers
6.1 Proliferation of mobile connectivity and Smartphones
6.2 Volatile prices of commodities and input raw materials
6.3 Population growth to drive increased food demand

Section 7 Key Market Challenges
7.1 Skepticism over the misuse of farm data
7.2 Huge capital investments to deter initial adoption
7.3 Lack of awareness and the need for a knowledge framework

Section 8 Worldwide Precision Agriculture Market

Section 9 Precision Agriculture Market by Application
9.1 Segmental Overview
9.2 Guidance and Monitoring Systems: Precision Agriculture Market Size
9.2.1 GNSS
9.2.2 GIS
9.2.3 Remote Sensing
9.3 Variable rate Technology: Precision Agriculture Market Size
9.4 Telematics: Precision Agriculture Market Size

Section 10 Segmentation by Geography
10.1 Geographic Overview of Precision Agriculture Market

Section 11 APAC Precision Agriculture Market: Market Size
11.1 China Precision Agriculture Market: Market Size
11.2 India Precision Agriculture Market: Market Size
11.3 Australia Precision Agriculture Market: Market Size
11.4 Precision Agriculture in Other countries in APAC: Market Size

Section 12 EMEA: Precision Agriculture Market Size
12.1 Europe Precision Agriculture Market: Market Size
12.2 France
12.2.1 Germany
12.2.2 Spain
12.2.3 Others
12.3 Middle East Precision Agriculture Market: Market Size
12.4 Africa Precision Agriculture Market: Market Size

Section 13 North America: Precision Agriculture Market Size
13.1 US Precision Agriculture Market: Market Size
13.2 Canada Precision Agriculture Market: Market Size

Section 14 Latin America: Precision Agriculture Market Size

Section 15 Precision Agriculture Market by Component
15.1 Segmental Overview

Section 16 Precision Agriculture Market by Component
16.1 Segmental Overview
16.2 Hardware: Market Size
16.2.1 Sensors
16.2.2 Drones
16.2.3 GPS Devices
16.3 Software: Market Size

Section 17 Competitive Landscape
17.1 Porter’s Five Forces Model
17.1.1 Threat of New Entrants
17.1.2 Bargaining Power of Suppliers
17.1.3 Bargaining Power of Buyers
17.1.4 Threat of Substitutes
17.1.5 Competitive Rivalry
17.2 Market Structure and Mapping of Competition
17.3 Overview of Competition

Section 18 Key Vendor Analysis
18.1 AgJunction
18.1.1 Introduction
18.1.2 Financial Performance
18.1.3 Precision Agriculture Portfolio
18.1.4 Key Strengths
18.1.5 Key Strategy
18.1.6 Key Opportunities

18.2 Trimble Navigation
18.2.1 Introduction
18.2.2 Financial Performance
18.2.3 Precision Agriculture Portfolio
18.2.4 Key Strengths
18.2.5 Key Strategy
18.2.6 Key Opportunities

18.3 AGCO Corporation
18.3.1 Introduction
18.3.2 Financial Performance
18.3.3 Precision Agriculture Portfolio
18.3.4 Key Strengths
18.3.5 Key Strategy
18.3.6 Key Opportunities

18.4 Deere & Company
18.4.1 Introduction
18.4.2 Financial Performance
18.4.3 Precision Agriculture Portfolio
18.4.4 Key Strengths
18.4.5 Key Strategy
18.4.6 Key Opportunities

18.5 Topcon Corporation
18.5.1 Introduction
18.5.2 Precision Agriculture Portfolio
18.5.3 Key Strengths
18.5.4 Key Strategy
18.5.5 Key Opportunities

Section 19 Other Prominent Vendors
19.1 Ag Leader Technology
19.2 DICKEY - john Corporation
19.3 Precision Planting Company
19.4 Lindsay
19.5 Raven Industries
19.6 Novariant Inc
19.7 SST Software
19.8 TeeJet Technologies
19.9 Valmont Industries
19.1 Yara International

Section 20 Appendix

Section 21 Summary of Figures
21.1 Key Revenue Figures of Precision Agriculture Market for Different Geographies
21.2 Key Revenue Figures of Precision Agriculture for Different Applications
21.3 Key Revenue Figures of Precision Agriculture for Different Components

EXHIBITS
Exhibit 1 Precision Agriculture market segmentation
Exhibit 2 Bigdata framework and scope in Agriculture
Exhibit 3 Emerging players in the Big Data and Ag IoT space
Exhibit 4 Annual Average Real Wage Growth by Region from 2006-15
Exhibit 5 Net minimum wages 2015 ($ per hour after taxes, at ppp 2013) OECD
Exhibit 6 Leading countries with Smartphone penetration 2015
Exhibit 7 Price Trends of Key Commodities 2005 - 2015 ($/Kg)
Exhibit 8 Illustration of Returns on Precision Agriculture in US, 2016
Exhibit 9 Worldwide Precision Agriculture Market by Revenues 2016?2022 (in US$ billion)
Exhibit 10 Revenue Growth Rate Comparison of Precision Agriculture in different Applications 2016 - 2022
Exhibit 11 Market Revenue of Precision Agriculture in Guidance and Monitoring Systems 2016?2022 (in US$ million)
Exhibit 12 Precision Agriculture Market Size for Guidance and Monitoring Systems (2016-2022)
Exhibit 13 Market Revenue of Precision Agriculture in GNSS 2016?2022 (in US$ million)
Exhibit 14 Acceptable accuracy requirements of Farm applications and Technologies
Exhibit 15 Market Revenue of Precision Agriculture in GIS 2016?2022 (in US$ million)
Exhibit 16 Market Revenue of Precision Agriculture in Remote Sensing 2016?2022 (in US$ million)
Exhibit 17 Market Revenue of Precision Agriculture for Variable rate Technology 2016?2022 (in US$ million)
Exhibit 18 Precision Agriculture Market Size for Variable rate Technology (2016-2022)
Exhibit 19 Market Revenue of Precision Agriculture for Telematics 2016?2022 (in US$ million)
Exhibit 20 Precision Agriculture Market Size for Telematics (2016-2022)
Exhibit 21 Revenue Growth Rate Comparison of Precision Agriculture in different Geographies 2016 - 2022
Exhibit 22 Market Revenue of Precision Agriculture in APAC 2016?2022 (in US$ million)
Exhibit 23 Precision Agriculture Market Size in APAC (2016-2022)
Exhibit 24 Federal support to Agricultural producers as % of farm income
Exhibit 25 Market Revenue of Precision Agriculture in China 2016?2022 (in US$ million)
Exhibit 26 Precision Agriculture Market Size in China (2016-2022)
Exhibit 27 Market Revenue of Precision Agriculture in India 2016?2022 (in US$ million)
Exhibit 28 Precision Agriculture Market Size in India (2016-2022)
Exhibit 29 Market Revenue of Precision Agriculture in Australia 2016?2022 (in US$ million)
Exhibit 30 Precision Agriculture Market Size in Australia (2016-2022)
Exhibit 31 Market Revenue of Precision Agriculture in Others 2016?2022 (in US$ million)
Exhibit 32 Precision Agriculture Market Size in other countries in APAC (2016-2022)
Exhibit 33 Market prospects of Precision Agriculture in Key regions of EMEA
Exhibit 34 Market Revenue of Precision Agriculture in EMEA 2016?2022 (in US$ million)
Exhibit 35 Precision Agriculture Market Size in EMEA (2016-2022)
Exhibit 36 Market Revenue of Precision Agriculture in Europe 2016?2022 (in US$ million)
Exhibit 37 Precision Agriculture Market Size in Europe (2016-2022)
Exhibit 38 Market Revenue of Precision Agriculture in France 2016?2022 (in US$ million)
Exhibit 39 Precision Agriculture Market Size in France (2016-2022)
Exhibit 40 Market Revenue of Precision Agriculture in Germany 2016?2022 (in US$ million)
Exhibit 41 Market Revenue of Precision Agriculture in Spain 2016?2022 (in US$ million)
Exhibit 42 Precision Agriculture Market Size in Spain (2016-2022)
Exhibit 43 Market Revenue of Precision Agriculture in Others 2016?2022 (in US$ million)
Exhibit 44 Precision Agriculture Market Size in Other European countries (2016-2022)
Exhibit 45 Market Revenue of Precision Agriculture in Middle East 2016?2022 (in US$ million)
Exhibit 46 Market Revenue of Precision Agriculture in Africa 2016?2022 (in US$ million)
Exhibit 47 Market Revenue of Precision Agriculture in North America 2016?2022 (in US$ million)
Exhibit 48 Precision Agriculture Market Size in North America (2016-2022)
Exhibit 49 Market Revenue of Precision Agriculture in US 2016?2022 (in US$ million)
Exhibit 50 Market Revenue of Precision Agriculture in Canada 2016?2022 (in US$ million)
Exhibit 51 Share of Agriculture in Latin America’s GDP and Workforce 2012 and 2013
Exhibit 52 Land holding structure in Latin America economies 2014
Exhibit 53 Market Revenue of Precision Agriculture in Latin America 2016?2022 (in US$ million)
Exhibit 54 Precision Agriculture Market Size in Latin America (2016-2022)
Exhibit 55 Revenue Growth Rate Comparison of Precision Agriculture in different Components 2016 - 2022
Exhibit 56 Market Revenue of Precision Agriculture in Hardware Components 2016?2022 (in US$ million)
Exhibit 57 Market Revenue of Precision Agriculture in Sensors 2016?2022 (in US$ million)
Exhibit 58 Market Revenue of Precision Agriculture in Drones 2016?2022 (in US$ million)
Exhibit 59 Major Drone operators in US 2015-16
Exhibit 60 Market Revenue of Precision Agriculture in GPS Devices 2016?2022 (in US$ million)
Exhibit 61 Market Revenue of Precision Agriculture in Software Components 2016?2022 (in US$ million)
Exhibit 62 Major Farm management software 2010-16
Exhibit 63 Overview of Market Concentration in Various Geographies 2016 (as illustrated by HHI)
Exhibit 64 AgJunction: Revenue Based on Quarterly Results in 2016 ($ million)
Exhibit 65 AgJunction: Revenue till third quarter in 2015 and 2016 ($ million)
Exhibit 66 AgJunction: Revenue by Geography till third quarter in 2015 and 2016 ($ million)
Exhibit 67 AgJunction Revenue Share by Geography in 2015
Exhibit 68 Trimble Navigation: Revenue based on Operation Segments for the first three quarters of 2015 and 2016 ($ million)
Exhibit 69 Trimble Navigation: Revenues based on Reporting Segments for first three quarters of 2015 and 2016 ($million)
Exhibit 70 AGCO Corporation: Revenues for the first three quarters of 2015 and 2016 ($ million)
Exhibit 71 AGCO Corporation: Revenue Share by Geography in 2015
Exhibit 72 AGCO Corporation Percentage Sales by Product Segment in 2015
Exhibit 73 Deere & Company: Revenues by Business Segments from 2014 - 2016 ($ million)
Exhibit 74 Worldwide Precision Agriculture Market Size and Growth rate by Geographies (2016-2022)
Exhibit 75 Precision Agriculture Market Size and Growth Rate by End-user (2016-2022)
Exhibit 76 Precision Agriculture Market Size and Growth Rate by Components (2016-2022)