Precision Farming Market
Precision Farming Market - Global Industry Assessment & Forecast
#
Pages:
134
2022
Mar - 2022
VMR-1356
Segments Covered
By
Delivery model Local/Web Based, Cloud Based
-
By
Application Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Inventory Management, Farm Labor Management, Financial Management, Others
-
By
Service Provider System Integrators, Managed Services Providers, Assisted Professional Services Providers, Connectivity Services Providers, Maintenance, Software Upgradation, and Support Services Providers
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 8709.18 Million |
 Revenue 2030:
|
USD 21410.06 Million |
 Revenue CAGR
(2023 - 2030): |
11.90% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Precision Farming Market by Delivery model by Application by Service Provider - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 16-Mar-2022
FAQ
Frequently Asked Question
What is the global demand for Precision Farming in terms of revenue?
-
The global Precision Farming valued at USD 8709.18 Million in 2022 and is expected to reach USD 21410.06 Million in 2030 growing at a CAGR of 11.90%.
Which are the prominent players in the market?
-
The prominent players in the market are Deere & Company (U.S.), Trimble, Inc. (U.S.), Raven Industries Inc. (U.S.), AgJunction, Inc. (U.S.), AGCO Corporation (U.S.), Farmeron, Inc. (U.S.), Airinov (France), Microdrones GmbH (Germany), OnFarm Systems (U.S.), and PrecisionHawk (U.S.)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Precision Farming include
- increasing food demand, crop yield & extended profitability, and crop health monitoring
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Precision Farming in 2022.
