Precision farming is a technology-based field management system. It is aimed to optimize the overall farming practices and input of resources. The rising population creates a huge demand for food. Influence of global warming on agricultural practices and sustainability of natural resources is high. Productivity of agriculture is always related to the climate changes. This increases the burden on food productivity and natural resources such as soil. These factors undermine the importance of optimizing farming practices, ensuring productivity and efficient use of resources.
Precision farming uses technological advancements in various fields such as data management, geo-location tracking and so on, to enhance productivity. Precision farming has a remarkable impact on traditional approaches to farming. These practices guide farmers in several crucial activities such choosing right time to plant, right amount of fertilizer or pesticide to maximize yield. It helps Livestock producers to have timely production related information such as feeding/nutritional issues and feeding related costs. These are huge parts of the variable costs in a livestock farm. Electronically controlled livestock production systems help in gathering data in a timely manner. They help to access the efficiency of resources and thus, optimize their input.
North America holds the majority of market share in the Global Precision Farming and Tools market. The rapid adoption of precision farming technology in this region has resulted in this. Precision Farming market has been observed to be in matured state in this region. South America and Asia-Pacific are the fastest growing regions in this market; particularly, the regions of Eastern Europe, China and Brazil are the fastest growing markets. Large consolidated farming operations and upgrades in technology are the major factors for the rapid growth of Precision Farming market in this region. Support from the government, high adoption rates and multi-faceted applications are some of the factors that are driving the demand for Global Precision Farming and Tools Market over the world.
Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Global Precision Farming and Tools Market and future opportunities are provided in the report. This report on the Global Precision Farming and Tools Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the Market.
1. Global Precision Farming and Tools Market- Market Overview
2. Executive Summary
3. Global Precision Farming and Tools Market- Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
3.2.5. Global Precision Farming and Tools Market– Market Forces
3.3. Market Drivers
3.4. Market Constraints
3.5. Market Challenges
3.6. Attractiveness of the Global Precision Farming and Tools Market
3.6.1. Power of Suppliers
3.6.2. Power of Customers
3.6.3. Threat of New entrants
3.6.4. Threat of Substitution
3.6.5. Degree of Competition
4. Global Precision Farming and Tools Market– Strategic Analysis
4.1. Value Chain Analysis
4.2. Pricing Analysis
4.3. Opportunities Analysis
4.4. Product/Market Life Cycle Analysis
4.5. Suppliers and Distributors
5. Global Precision Farming and Tools Market – By Types
5.1. Precision Agriculture
5.2. Precision Livestock Farming
5.3. Precision Viticulture
6. Global Precision Farming and Tools Market – By Types of Technology
6.1. Variable Rate Technology (VRT)
6.1.1. Variable Rate Fertilizer
6.1.2. Variable Rate Pesticide
6.1.3. Variable Rate Seeding
6.2. Guidance Systems
6.2.1. Global Positioning System (GPS)
6.2.2. GNSS Application in Precision Farming
6.2.3. Geographic Information System (GIS)
6.3. Remote and Proximal Canopy Sensing
6.4. High Resolution Soil Survey
6.5. Others (Fruit quality sensing)
6.6. Remote Sensing
6.6.2. Hand held
7. Global Precision Farming and Tools Market – By Major Components
7.1. Software Components
7.1.1. Farm Management Systems
7.1.2. Yield Monitoring Systems
7.2. Hardware Components
7.2.1. Monitoring and Sensing Devices
22.214.171.124 Yield Monitors
126.96.36.199 Soil Temperature Sensors
188.8.131.52 Soil Nutrient Sensors
184.108.40.206 Soil Moisture Sensors
7.2.2. Automation & Control Systems
220.127.116.11 Guidance & Steering
18.104.22.168 GPS/GNSS Systems
22.214.171.124 Mobile Devices
126.96.36.199 Flow and Application Control Devices
7.2.3. Water Sensors
7.2.4. Climate Sensors
8. Global Precision Farming and Tools Market – By Applications
8.1. Yield Monitoring
8.1.1. On – Farm Monitoring
8.1.2. Off – Farm Monitoring
8.2. Selective Harvesting
8.3. Variable Rate Application
8.3.1. Map – Based VRA
8.3.2. Sensor – Based VRA
8.3.3. Field Applications
8.3.4. Fertilizer VRA
8.3.5. Nutrient VRA
8.3.6. Pesticide VRA
8.3.7. Seeding VRA
8.4.1. Boundary Mapping
8.4.2. Drainage Mapping
8.5. Crop Scouting
9. Global Precision Farming and Tools Market – By Geography
9.1.1. North America
9.1.2. South America
10. Global Precision Farming and Tools Market- Market Entropy
10.1. New Product Launches
10.2. M&As, Collaborations, JVs and Partnership
11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
11.1. Agco Corporation
11.3. Ag Leader Technology
11.4. Deere & Company
11.5. Dickey – John Corporation
11.6. Teejet Technologies
11.7. Precision Planting Inc.
11.8. Raven Industries Inc.
11.9. Trimble Navigation Limited
11.10. Topcon Precision Agriculture
11.11. Arts-Way Manufacturing Co. Inc.
11.12. Lindsay – Corporation.
11.13. First Tractor Co Ltd.
11.14. Clean Seed Cap Group.
11.15. Kuboto Corp.
11.16. Buhler Industries Inc.
11.17. CNH Global NV
11.18. AG Growth Inc FD
11.19. ISEKI & Co Ltd.
11.20. Toro Co.
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research Methodology
12.5. Compilation of Expert Insights