The Business Research Company’s Precision Farming Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Precision Farming Global Market Report 2023 evaluates precision farming market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global precision farming market size grew from $6.8 billion in 2022 to $7.9 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precision farming market size is expected to grow to $13.68 billion in 2027 at a CAGR of 14.7%.
The precision farming market segments in the report are:
1) By Offering:
Hardware,
Software,
Services
2) By Technology:
Guidance Technology,
Remote Sensing Technology,
Variable Rate Application
3) By Application:
Yield Monitoring,
Field Mapping,
Crop Scouting,
Weather Tracking & Forecasting,
Irrigation Management,
Inventory Management,
Farm Labor Management,
Other Applications
Top 5 Major Players:
North America was the largest region in the precision farming market in 2022.
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Table of contents :
1. Executive Summary
2. Precision Farming Market Characteristics
3. Precision Farming Market Trends And Strategies
4. Precision Farming Market – Macro Economic Scenario
5. Precision Farming Market Size And Growth
…..
26. Africa Precision Farming Market
27. Precision Farming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Precision Farming Market
29. Precision Farming Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Precision Farming Market, Segmentation By Offering, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Precision Farming Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Precision Farming Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 46: Deere and Company Financial Performance
Table 47: Trimble Inc Financial Performance
Table 48: AGCO Corporation Financial Performance
Table 49: AgJunction Inc Financial Performance
Table 50: Raven Industries Inc Financial Performance
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