精密農業市場レポート：技術、タイプ、構成、用途、地域別2024-2032

世界の精密農業市場規模は2023年に85億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて9.9%の成長率（CAGR）を示し、2032年までに202億米ドルに達すると予測しています。同市場は、持続可能な農法の採用への注目の高まり、生活習慣病の発生を予防するための新鮮な野菜の消費量の増加、農法を改善するための全地球測位システム（GPS）技術の統合の増加などにより、着実な成長を遂げています。

精密農業市場の分析：

市場の成長と規模精密農業市場は、食糧安全保障へのニーズの高まりと持続可能な農法の採用が原動力となり、力強い成長を遂げています。

主な市場促進要因：主な促進要因には、センサー、全地球測位システム（GPS）、データ分析における技術進歩、世界人口の増加、環境問題への関心の高まりと持続可能性の目標などがあります。

技術の進歩：センサー、GPSシステム、ドローン、データ分析における急速な技術進歩により、農家は作物管理について情報に基づいた意思決定を行うことができます。

産業への応用：精密農業は、マッピング、作物スカウティング、収量モニタリング、土壌モニタリング、精密灌漑など、さまざまな分野で応用されており、それぞれが農作業の最適化に貢献しています。

主な市場動向：主な動向には、人工知能（AI）、機械学習（ML）、ビッグデータ分析の統合、機器とソフトウェアプラットフォーム間のシームレスな通信のための接続性の強化などがあります。

地理的動向：アジア太平洋地域は精密農業の導入が進んでいるため、市場シェアをリードしています。しかし北米は、持続可能な農法への注目が高まっていることから、急成長市場として浮上しています。

競合情勢：精密農業市場の主なプレーヤーは、研究開発（R&D）に投資し、製品ポートフォリオの拡大に注力し、AIやMLのような先進技術を統合しています。

課題と機会：課題としては、初期投資コストの高さ、データプライバシーに関する懸念、農家への教育・訓練の必要性などが挙げられます。しかし、新興国市場での精密農業の採用拡大や、資源の最適化と持続可能な農業のための革新的ソリューション開発の機会は、これらの課題を克服すると予測されます。

精密農業市場の動向：

技術の進歩

精密農業は、主に農業分野における大幅な技術進歩に牽引される形で変貌を遂げています。センサー、全地球測位システム（GPS）技術、無人航空機（UAV）またはドローン、および高度なデータ分析における革新は、農法に革命をもたらしています。これらの進歩により、農家は作業を最適化するためのさまざまなツールやデータソースを手に入れることができます。高度なセンサーは、土壌の水分、温度、養分レベルに関するデータを収集し、農家が灌漑や施肥に関してデータ主導の決定を下すことを可能にします。GPSシステムは、作物の植え付けと収穫の精度を高め、作物を最適な深さに植え付け、完熟のピーク時に収穫することを可能にします。カメラとマルチスペクトル・センサーを搭載したドローンは、空撮画像を提供し、農家が作物のストレスや病気、害虫を早期に発見するのに役立ちます。データ分析は、これらのテクノロジーによって生成される膨大な量のデータを処理し、解釈する上で重要な役割を果たします。農家は、過去のデータ、気象パターン、リアルタイムの情報を分析し、作付け、灌漑、肥料や農薬の散布の時期や方法について、情報に基づいた選択をすることができます。この精度の高さは、作物の収穫量を増やすだけでなく、資源の浪費を減らし、農業をより持続可能なものにします。

高まる食料安全保障のニーズ

世界の食糧安全保障に対するニーズの高まりが、市場の成長を後押ししています。世界中で増加する人口に十分な食糧供給を確保するため、農業生産性の向上に対する需要が高まっています。精密農業は、この課題に取り組む上で極めて重要な役割を果たしています。農法を最適化し、資源管理を改善することで、農家はより少ない資源でより多くの食料を生産できるようになります。これには、灌漑、施肥、害虫駆除を正確にコントロールすることが含まれ、その結果、作物の収量が向上し、無駄が削減されます。各国の政府機関や国際機関は、食糧安全保障の重要性を認識し、持続可能な農業を積極的に推進しています。精密農業は、生産性を高めるだけでなく、農業が環境に与える影響を最小限に抑えることができるため、こうした目標に完全に合致しています。そのため、世界中の政策立案者や農業利害関係者にとって魅力的な選択肢となっています。さらに精密農業は、地元や地域の食糧生産に力を与え、長距離サプライチェーンへの依存を減らし、危機的状況における回復力を高めるという解決策を提供します。

環境への懸念と持続可能性

精密農業は、環境問題の高まりと持続可能な農法に対する緊急の必要性から注目を集めています。伝統的な農法は、肥料や農薬の過剰使用、過剰な水の消費、土壌の劣化を伴うことが多いです。精密農業は、効率的で環境に優しい農業を推進することで、こうした問題に対処します。精密農業の基本原則のひとつは、資源の浪費を最小限に抑えることです。センサー、GPS、データ分析などの先端技術を利用することで、農家は水、肥料、農薬などの投入物を作物特有のニーズに合わせて正確に調整することができます。このような的を絞ったアプローチは、収穫量を増加させるだけでなく、地下水汚染や土壌浸食といった環境への影響も軽減します。さらに、精密農業は自然の生息地や生物多様性の保全にも貢献します。さらに、化学物質の使用を減らし、土地利用を最適化することで、生態系の破壊を最小限に抑え、農業と環境の健全なバランスを促進します。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 精密農業の世界市場

• 市場概要
• 市場実績
• COVID-19の影響
• 価格分析
• 市場内訳：技術別
• 市場内訳：タイプ別
• 市場内訳：成分別
• 市場内訳：用途別
• 市場内訳：地域別
• 市場予測
• SWOT分析
  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威
• バリューチェーン分析
• ポーターのファイブフォース分析
  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第6章 市場内訳：技術別

• GNSS/GPSシステム
  • 市場動向
  • 市場予測
• 地理情報システム
  • 市場動向
  • 市場予測
• リモートセンシング
  • 市場動向
  • 市場予測
• 可変レート技術（VRT）
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第7章 市場内訳：タイプ別

• 自動化・制御システム
  • 市場動向
  • 市場予測
• センシング＆モニタリングデバイス
  • 市場動向
  • 市場予測
• 農場管理システム
  • 市場動向
  • 市場予測

第8章 市場内訳：構成別

• ハードウェア
  • 市場動向
  • 市場予測
• ソフトウェア
  • 市場動向
  • 市場予測

第9章 市場内訳：用途別

• マッピング
  • 市場動向
  • 市場予測
• クロップスカウティング
  • 市場動向
  • 市場予測
• 収量モニタリング
  • 市場動向
  • 市場予測
• 土壌モニタリング
  • 市場動向
  • 市場予測
• 精密灌漑
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 市場内訳：地域別

• 北米
  • 市場動向
  • 市場予測
• 欧州
  • 市場動向
  • 市場予測
• アジア太平洋
  • 市場動向
  • 市場予測
• 中東・アフリカ地域
  • 市場動向
  • 市場予測
• ラテンアメリカ
  • 市場動向
  • 市場予測

第11章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Agribotix
  • Bayer CropScience AG
  • Case IH Agriculture
  • ClearAg Operations
  • Conservis Corporation
  • Deere & Company
  • Farmers Edge Inc.
  • Fairport Farm Software
  • Fuse Technologies
  • Granular AG
  • Grownetics Inc.
  • IBM
  • Mapshots Inc.
  • Raven Industries
  • SST Software

List of Figures

• Figure 1: Global: Precision Agriculture Market: Major Drivers and Challenges
• Figure 2: Global: Precision Agriculture Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Precision Agriculture Market: Breakup by Technology (in %), 2023
• Figure 4: Global: Precision Agriculture Market: Breakup by Type (in %), 2023
• Figure 5: Global: Precision Agriculture Market: Breakup by Component (in %), 2023
• Figure 6: Global: Precision Agriculture Market: Breakup by Application (in %), 2023
• Figure 7: Global: Precision Agriculture Market: Breakup by Region (in %), 2023
• Figure 8: Global: Precision Agriculture Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 9: Global: Precision Agriculture Industry: SWOT Analysis
• Figure 10: Global: Precision Agriculture Industry: Value Chain Analysis
• Figure 11: Global: Precision Agriculture Industry: Porter's Five Forces Analysis
• Figure 12: Global: Precision Agriculture (GNSS/GPS Systems) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Precision Agriculture (GNSS/GPS Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Precision Agriculture (GIS) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Precision Agriculture (GIS) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Precision Agriculture (Remote Sensing) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Precision Agriculture (Remote Sensing) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Precision Agriculture (Variable Rate Technology) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Precision Agriculture (Variable Rate Technology) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Precision Agriculture (Other Technologies) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Precision Agriculture (Other Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Precision Agriculture (Automation and Control Systems) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Precision Agriculture (Automation and Control Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Precision Agriculture (Sensing and Monitoring Devices) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Precision Agriculture (Sensing and Monitoring Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Precision Agriculture (Farm Management Systems) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Precision Agriculture (Farm Management Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Precision Agriculture (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Precision Agriculture (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Precision Agriculture (Software) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Precision Agriculture (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Precision Agriculture (Application in Mapping) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Precision Agriculture (Application in Mapping) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Precision Agriculture (Application in Crop Scouting) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Precision Agriculture (Application in Crop Scouting) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Precision Agriculture (Application in Yield Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Precision Agriculture (Application in Yield Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Precision Agriculture (Application in Soil Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Global: Precision Agriculture (Application in Soil Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Global: Precision Agriculture (Application in Precision Irrigation) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Global: Precision Agriculture (Application in Precision Irrigation) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: Global: Precision Agriculture (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: Global: Precision Agriculture (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: North America: Precision Agriculture Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: North America: Precision Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: Europe: Precision Agriculture Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: Europe: Precision Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Asia Pacific: Precision Agriculture Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Asia Pacific: Precision Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Middle East and Africa: Precision Agriculture Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Middle East and Africa: Precision Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Latin America: Precision Agriculture Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Latin America: Precision Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: Precision Agriculture Equipment Manufacturing: Detailed Process Flow

List of Tables

• Table 1: Global: Precision Agriculture Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Precision Agriculture Market Forecast: Breakup by Technology (in Million US$), 2024-2032
• Table 3: Global: Precision Agriculture Market Forecast: Breakup by Type (in Million US$), 2024-2032
• Table 4: Global: Precision Agriculture Market Forecast: Breakup by Component (in Million US$), 2024-2032
• Table 5: Global: Precision Agriculture Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 6: Global: Precision Agriculture Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Precision Agriculture Equipment: Raw Material Requirements
• Table 8: Global: Precision Agriculture Market: Competitive Structure
• Table 9: Global: Precision Agriculture Market: Key Players

The global precision agriculture market size reached US$ 8.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.2 Billion by 2032, exhibiting a growth rate (CAGR) of 9.9% during 2024-2032. The market is experiencing steady growth driven by the growing focus on the adoption of sustainable farming practices, rising consumption of fresh vegetables to prevent the occurrence of lifestyle diseases, and increasing integration of global positioning system (GPS) technology to improve farming practices.

Precision Agriculture Market Analysis:

Market Growth and Size: The precision agriculture market is experiencing strong growth, driven by the increasing need for food security and adoption of sustainable farming practices.

Major Market Drivers: Key drivers include technological advancements in sensors, global positioning system (GPS), and data analytics, a growing global population, and rising environmental concerns and sustainability goals.

Technological Advancements: Rapid technological advancements in sensors, GPS systems, drones, and data analytics are empowering farmers to make informed decisions about crop management.

Industry Applications: Precision agriculture is applied across various segments, including mapping, crop scouting, yield monitoring, soil monitoring, and precision irrigation, each contributing to optimizing farming practices.

Key Market Trends: Major trends include the integration of artificial intelligence (AI), machine learning (ML), and big data analytics, and enhanced connectivity for seamless communication between equipment and software platforms.

Geographical Trends: Asia Pacific leads the market share due to the rising adoption of precision agriculture in the region. Nonetheless, North America is emerging as a fast-growing market on account of the increasing focus on utilizing sustainable farming methods.

Competitive Landscape: Key players in the precision agriculture market are investing in research and development (R&D), focusing on expanding their product portfolios, and integrating advanced technologies like AI and ML.

Challenges and Opportunities: Challenges include the high initial investment costs, data privacy concerns, and the need for farmer education and training. However, opportunities for expanding precision agriculture adoption in emerging markets and developing innovative solutions for resource optimization and sustainable farming are projected to overcome these challenges.

Precision Agriculture Market Trends:

Technological Advancements

Precision agriculture is experiencing transformation driven primarily by significant technological advancements in the agricultural sector. Innovations in sensors, global positioning system (GPS) technology, unmanned aerial vehicles (UAVs) or drones, and sophisticated data analytics are revolutionizing farming practices. These advancements provide farmers with an array of tools and data sources to optimize their operations. Advanced sensors can collect data on soil moisture, temperature, and nutrient levels, allowing farmers to make data-driven decisions regarding irrigation and fertilization. GPS systems enable precision in planting and harvesting, ensuring that crops are planted at the optimal depth and harvested at the peak of ripeness. Drones equipped with cameras and multispectral sensors provide aerial imagery, helping farmers detect crop stress, diseases, or pests early on. Data analytics play a crucial role in processing and interpreting the vast amounts of data generated by these technologies. Farmers can analyze historical data, weather patterns, and real-time information to make informed choices about when and how to plant, irrigate, and apply fertilizers or pesticides. This level of precision not only increases crop yields but also reduces resource waste, making agriculture more sustainable.

Increasing Need for Food Security

The increasing need for global food security is propelling the growth of the market. There is a rise in the demand for increased agricultural productivity to ensure an adequate food supply for the growing population around the world. Precision agriculture plays a pivotal role in addressing this challenge. By optimizing farming practices and improving resource management, it enables farmers to produce more food with fewer resources. This includes precise control over irrigation, fertilization, and pest management, which results in higher crop yields and reduced waste. Governing agencies of various countries and international organizations are recognizing the importance of food security and are actively promoting sustainable agricultural practices. Precision agriculture aligns perfectly with these goals as it not only enhances productivity but also minimizes the environmental impact of farming. This makes it an attractive choice for policymakers and agricultural stakeholders worldwide. Additionally, precision agriculture offers a solution by empowering local and regional food production, reducing reliance on long-distance supply chains, and enhancing resilience in times of crisis.

Environmental Concerns and Sustainability

Precision agriculture is gaining prominence due to heightened environmental concerns and the urgent need for sustainable farming practices. Traditional farming methods are often associated with overuse of fertilizers and pesticides, excessive water consumption, and soil degradation. Precision agriculture addresses these issues by promoting efficient and environment-friendly farming. One of the core principles of precision agriculture is to minimize resource wastage. By using advanced technology, such as sensors, GPS, and data analytics, farmers can precisely tailor their inputs, including water, fertilizers, and pesticides, to the specific needs of their crops. This targeted approach not only boosts yield but also reduces the environmental impact, such as groundwater contamination and soil erosion. Furthermore, precision agriculture contributes to the preservation of natural habitats and biodiversity. Moreover, by reducing the use of chemicals and optimizing land use, it minimizes the disruption of ecosystems and promotes a healthier balance between agriculture and the environment.

Precision Agriculture Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on technology, type, component, and application.

Breakup by Technology:

GNSS/GPS Systems

GIS

Remote Sensing

Variable Rate Technology (VRT)

Others

GNSS/GPS systems account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the technology. This includes GNSS/GPS systems, GIS, remote sensing, variable rate technology (VRT), and others. According to the report, GNSS/GPS systems represented the largest segment.

Global navigation satellite system (GNSS)/global positioning system (GPS) enables accurate mapping and tracking of farm equipment, allowing farmers to precisely determine their position within a field. GPS-guided tractors and equipment ensure straight and uniform rows, efficient use of inputs, and reduced overlap, resulting in cost savings and increased productivity. With the widespread adoption of GPS systems, farmers can create detailed field maps, manage variable rate applications, and monitor the performance of machinery in real-time, all of which contribute to improved farm management and higher yields.

Geographic information systems (GIS) are crucial for precision agriculture as they enable farmers to collect, store, and analyze spatial data related to their fields. GIS technology helps in creating accurate digital maps of farms, incorporating information on soil types, topography, and past yield data. This data can be used for precise decision-making, such as identifying areas with specific soil deficiencies or planning drainage systems to optimize water management.

Remote sensing involves the use of satellites, drones, or aircraft to capture high-resolution imagery and data about crop conditions. This technology provides valuable insights into crop health, identifying issues like pest infestations or nutrient deficiencies early on. By analyzing remote sensing data, farmers can make timely interventions, reducing the need for broad-spectrum treatments and minimizing environmental impact.

Variable rate technology (VRT) allows farmers to apply inputs like fertilizers, pesticides, and irrigation water at variable rates across their fields. This technology is particularly valuable for optimizing resource usage, reducing waste, and maximizing yields. VRT relies on data from GPS, GIS, and remote sensing to create prescription maps that guide the precise application of inputs based on the specific needs of different areas within a field.

Breakup by Type:

Automation and Control Systems

Sensing and Monitoring Devices

Farm Management Systems

Automation and control systems hold the largest share in the industry

A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes automation and control systems, sensing and monitoring devices, and farm management systems. According to the report, automation and control systems accounted for the largest market share.

Automation and control systems are the cornerstone of precision agriculture, offering farmers advanced tools to streamline their operations. These systems encompass a range of technologies, including automated machinery, robotic equipment, and control software. Automated tractors can navigate fields autonomously, optimizing planting, harvesting, and cultivation processes. Robotics are used for tasks like precision weeding and harvesting, reducing labor costs and increasing efficiency. With the integration of these technologies, farmers can achieve higher levels of precision, reduce human error, and ultimately enhance their overall productivity.

Sensing and monitoring devices play a pivotal role in precision agriculture by providing real-time data on various aspects of crop and soil health. These devices include soil sensors, weather stations, and crop health sensors. Soil sensors measure moisture levels and nutrient content, enabling farmers to apply irrigation and fertilizers precisely where needed. Weather stations provide accurate meteorological data, helping farmers make informed decisions regarding planting and harvesting.

Farm management systems are comprehensive software solutions designed to assist farmers in planning, monitoring, and optimizing their agricultural activities. These systems integrate data from various sources, including sensors, global positioning systems (GPS), and remote sensing, to provide a holistic view of farm operations.

Breakup by Component:

Hardware

Software

Hardware represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware and software. According to the report, hardware represented the largest segment.

Hardware components are fundamental to the infrastructure of precision agriculture. This segment encompasses a wide range of physical devices and equipment, including global positioning system (GPS) receivers, sensors, drones, automated machinery, and other tangible tools used on the farm. GPS receivers and guidance systems are integral for accurate positioning and navigation, enabling precise planting, harvesting, and field operations. Sensors, such as soil moisture and crop health sensors, provide real-time data crucial for informed decision-making. Drones equipped with cameras and multispectral sensors capture aerial imagery for crop monitoring and analysis. Automated machinery, like tractor guidance systems and robotic implements, streamline tasks, reduce labor costs, and improve overall farm efficiency. Hardware is the backbone of precision agriculture, enabling farmers to implement data-driven practices and optimize resource utilization.

Software plays a pivotal role in harnessing the potential of hardware components and converting data into actionable insights for farmers. This segment includes farm management software, data analytics tools, and applications for mobile devices and computers. Farm management software integrates data from sensors, GPS, and other sources to create digital farm maps, monitor equipment, and generate recommendations for resource allocation. Data analytics software processes vast amounts of data to identify trends, patterns, and anomalies, allowing farmers to make data-driven decisions.

Breakup by Application:

Mapping

Crop Scouting

Yield Monitoring

Soil Monitoring

Precision Irrigation

Others

Yield monitoring exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes mapping, crop scouting, yield monitoring, soil monitoring, precision irrigation, and others. According to the report, yield monitoring accounted for the largest market share.

Mapping is a foundational application of precision agriculture, involving the creation of detailed digital maps of farmland. These maps provide essential spatial information about the field, including soil types, topography, and boundaries. Mapping technology, often aided by global positioning system (GPS) and geographic information systems (GIS) tools, helps farmers plan and optimize their planting, irrigation, and fertilization strategies. Accurate maps guide farm equipment for precise planting and harvesting, reducing overlaps and resource waste. Mapping also aids in the creation of prescription maps for variable rate applications, contributing to overall farm efficiency.

Crop scouting involves the regular and systematic inspection of crops to monitor their health and detect potential issues, such as pest infestations, diseases, or nutrient deficiencies. Precision agriculture is enhancing crop scouting through the use of drones and remote sensing technology. Drones equipped with cameras and multispectral sensors capture high-resolution images of fields, allowing for the early identification of problem areas.

Yield monitoring is the largest segment in precision agriculture and is crucial for assessing crop performance and optimizing productivity. This application involves the collection of data during the harvest process to measure the actual yield of crops in different parts of the field. Yield monitoring systems, often integrated with GPS and sensors, provide real-time data on crop yields, moisture content, and grain quality.

Soil monitoring is vital for precision agriculture as it provides insights into soil health and nutrient levels. This application employs sensors and probes to measure various soil parameters, including moisture content, pH levels, and nutrient concentrations. Soil data is used to create soil maps, helping farmers identify areas with specific deficiencies or excesses.

Precision irrigation is aimed at optimizing water usage in agriculture, a critical concern in resource management. It involves the precise application of water to crops based on real-time data, including soil moisture levels and weather conditions. Automated irrigation systems, guided by sensors and data analytics, enable farmers to deliver the ideal amount of water to each plant.

Breakup by Region:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

Asia Pacific leads the market, accounting for the largest precision agriculture market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle Eastern Africa, and Latin America. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific precision agriculture market is driven by factors, such as increasing population, rising food demand, and the adoption of advanced farming technologies. The dominant position of the region is attributed to the widespread implementation of precision agriculture practices in countries like China and India. These nations are witnessing a rise in the use of global positioning system (GPS)-guided machinery, remote sensing, and data analytics to improve agricultural productivity. Furthermore, government initiatives promoting sustainable farming practices and technology adoption are propelling the growth of market in the region.

North America maintains a strong presence driven by the increasing presence of well-established agricultural machinery manufacturers and technology providers.

Europe stands as another key region in the market, driven by factors, such as stringent environmental regulations, the need for sustainable agriculture, and the desire to optimize resource usage.

Latin America exhibits growing potential in the precision agriculture market, fueled by the increasing need to boost crop yields, reduce environmental impact, and address challenges, such as soil degradation.

The Middle East and Africa region show a developing market for precision agriculture, primarily driven by the increasing need to increase agricultural productivity.

Leading Key Players in the Precision Agriculture Industry:

Key players in the precision agriculture market are actively investing in research and development (R&D) to improve technological solutions and expand their product portfolios. They are focusing on integrating artificial intelligence (AI), machine learning (ML), and big data analytics into their offerings to provide farmers with more sophisticated decision support tools. Additionally, many companies are working on enhancing connectivity and data-sharing capabilities to enable seamless communication between farm equipment and software platforms. Sustainability and environmental considerations are also at the forefront, with a focus on developing precision agriculture solutions that minimize resource usage and reduce environmental impact. Moreover, industry leaders are committed to driving innovation and helping farmers achieve higher yields and sustainable farming practices.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Agribotix

Bayer CropScience AG

Case IH Agriculture

ClearAg Operations

Conservis Corporation

Deere & Company

Farmers Edge Inc.

Fairport Farm Software

Fuse Technologies

Granular AG

Grownetics Inc.

IBM

MapShots Inc.

Raven Industries

SST Software

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

March 2023: Case IH Agriculture announced its collaboration with Agri Technovation for empowering producers to farm more accurately. The AFS system of Case IH enables farmers to plant, spray, and harvest with remarkable precision, and Agri Technovation assists with comprehensive data analyses from planting to after harvesting.

June 2021: Farmers Edge Inc. entered into a new three-year contract with Planet to bring together high-frequency satellite imagery with artificial intelligence (AI) technology and unique digital infrastructure to drive sustainable, profitable, and proactive farming.

Key Questions Answered in This Report

• 1. What was the size of the global precision agriculture market in 2023?
• 2. What is the expected growth rate of the global precision agriculture market during 2024-2032?
• 3. What are the key factors driving the global precision agriculture market?
• 4. What has been the impact of COVID-19 on the global precision agriculture market?
• 5. What is the breakup of the global precision agriculture market based on the technology?
• 6. What is the breakup of the global precision agriculture market based on the type?
• 7. What is the breakup of the global precision agriculture market based on the component?
• 8. What is the breakup of the global precision agriculture market based on the application?
• 9. What are the key regions in the global precision agriculture market?
• 10. Who are the key players/companies in the global precision agriculture market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Precision Agriculture Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Price Analysis
• 5.5 Market Breakup by Technology
• 5.6 Market Breakup by Type
• 5.7 Market Breakup by Component
• 5.8 Market Breakup by Application
• 5.9 Market Breakup by Region
• 5.10 Market Forecast
• 5.11 SWOT Analysis
  • 5.11.1 Overview
  • 5.11.2 Strengths
  • 5.11.3 Weaknesses
  • 5.11.4 Opportunities
  • 5.11.5 Threats
• 5.12 Value Chain Analysis
• 5.13 Porters Five Forces Analysis
  • 5.13.1 Overview
  • 5.13.2 Bargaining Power of Buyers
  • 5.13.3 Bargaining Power of Suppliers
  • 5.13.4 Degree of Competition
  • 5.13.5 Threat of New Entrants
  • 5.13.6 Threat of Substitutes

6 Market Breakup by Technology

• 6.1 GNSS/GPS Systems
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 GIS
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Remote Sensing
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Variable Rate Technology (VRT)
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Type

• 7.1 Automation and Control Systems
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Sensing and Monitoring Devices
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Farm Management Systems
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

8 Market Breakup by Component

• 8.1 Hardware
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Software
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Application

• 9.1 Mapping
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Crop Scouting
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Yield Monitoring
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Soil Monitoring
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Precision Irrigation
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Others
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Europe
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Asia Pacific
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Middle East and Africa
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Latin America
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast

11 Competitive Landscape

• 11.1 Market Structure
• 11.2 Key Players
• 11.3 Profiles of Key Players
  • 11.3.1 Agribotix
  • 11.3.2 Bayer CropScience AG
  • 11.3.3 Case IH Agriculture
  • 11.3.4 ClearAg Operations
  • 11.3.5 Conservis Corporation
  • 11.3.6 Deere & Company
  • 11.3.7 Farmers Edge Inc.
  • 11.3.8 Fairport Farm Software
  • 11.3.9 Fuse Technologies
  • 11.3.10 Granular AG
  • 11.3.11 Grownetics Inc.
  • 11.3.12 IBM
  • 11.3.13 Mapshots Inc.
  • 11.3.14 Raven Industries
  • 11.3.15 SST Software