Precision Agriculture Market to Grow by USD 6.03 Bn, John Deere and AGC Among Key Vendors - Technavio

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- The "Precision Agriculture Market by Product (Hardware and Software and services) and Geography (North America, Europe, South America, APAC, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the precision agriculture market between 2021 and 2026 is USD 6.03 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report.

Company Profiles

The precision agriculture market includes information on the product launches, sustainability, and prospects of leading vendors including AAA Taranis Visual Ltd., Abaco Spa, Ag Leader Technology, AGCO Corp., AgJunction Inc., Agribotix LLC, Carl Zeiss AG, CNH Industrial NV, CropX Inc., Deere and Co., Farmers Edge Inc., Hexagon AB, Iteris Inc., Raven Industries Inc., TeeJet Technologies, The Toro Co., Topcon Corp., Trimble Inc., Yara International ASA, and DICKEY john etc. The key offerings of a few vendors are listed below:

• Ag Leader Technology - The company offers InCommand and AgFiniti that helps to monitor harvest progress and yield during and after harvest.
• AGCO Corp. - The company offers Fuse which is the global innovator of open smart farming solutions.
• AgJunction Inc. - The company offers solutions for precision agriculture applications under the brand name of Novariant, Wheelman, Whirl, and Handsfreefarm.

Technavio's reports provide key strategic initiatives used by vendors, along with key news and the latest developments. Buy Now

Key Market Dynamics:

The rise in investments in agricultural technologies and the focus on increasing agricultural output are some of the key market drivers. However, factors such as the requirement for high initial investment will challenge market growth.

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Competitive Analysis

The competitive scenario provided in the precision agriculture market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include growth strategies, the financial performance of companies over the past few years, new product launches, product innovations, investments, and growth in market share.

Market Segmentation

• By Product, the market has been classified into hardware and software and services. The hardware and software segment will contribute the largest share of the market during the forecast period.
• By geography, the market has been classified into North America, APAC, Europe, the Middle East and Africa, and South America. North America will have the largest share of the market during the forecast period.

View our FREE PDF sample report for additional insights into the contribution of all the segments and regional opportunities in the report

Related Reports:

Agriculture Market in Colombia by Crop Type and Sales Type – Forecast and Analysis 2022-2026: The agriculture market share in Colombia is expected to increase by USD 7.86 billion from 2021 to 2026.

Connected Agriculture Market by Component and Geography – Forecast and Analysis 2022-2026: The connected agriculture market share is expected to increase by USD 3.63 billion from 2021 to 2026.

Table of Contents:

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market Definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Hardware - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Hardware - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Hardware - Year-over-year growth 2021-2026 (%)

• 5.4 Software and services - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Software and services - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Software and services - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Software and services - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Software and services - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 South America - Market size and forecast 2021-2026 
• Exhibit 50: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.6 APAC - Market size and forecast 2021-2026 
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026 
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Australia - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Australia - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Australia - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Australia - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Ag Leader Technology
• Exhibit 89: Ag Leader Technology - Overview
• Exhibit 90: Ag Leader Technology - Product / Service
• Exhibit 91: Ag Leader Technology - Key offerings

• 10.4 AGCO Corp.
• Exhibit 92: AGCO Corp. - Overview
• Exhibit 93: AGCO Corp. - Business segments
• Exhibit 94: AGCO Corp. - Key news
• Exhibit 95: AGCO Corp. - Key offerings
• Exhibit 96: AGCO Corp. - Segment focus

• 10.5 AgJunction Inc.
• Exhibit 97: AgJunction Inc. - Overview
• Exhibit 98: AgJunction Inc. - Business segments
• Exhibit 99: AgJunction Inc. - Key offerings
• Exhibit 100: AgJunction Inc. - Segment focus

• 10.6 CNH Industrial NV
• Exhibit 101: CNH Industrial NV - Overview
• Exhibit 102: CNH Industrial NV - Business segments
• Exhibit 103: CNH Industrial NV - Key news
• Exhibit 104: CNH Industrial NV - Key offerings
• Exhibit 105: CNH Industrial NV - Segment focus

• 10.7 CropX Inc.
• Exhibit 106: CropX Inc. - Overview
• Exhibit 107: CropX Inc. - Product / Service
• Exhibit 108: CropX Inc. - Key offerings

• 10.8 Deere and Co.
• Exhibit 109: Deere and Co. - Overview
• Exhibit 110: Deere and Co. - Business segments
• Exhibit 111: Deere and Co. - Key news
• Exhibit 112: Deere and Co. - Key offerings
• Exhibit 113: Deere and Co. - Segment focus

• 10.9 Raven Industries Inc. 
• Exhibit 114: Raven Industries Inc. - Overview
• Exhibit 115: Raven Industries Inc. - Business segments
• Exhibit 116: Raven Industries Inc. - Key news
• Exhibit 117: Raven Industries Inc. - Key offerings
• Exhibit 118: Raven Industries Inc. - Segment focus

• 10.10 TeeJet Technologies
• Exhibit 119: TeeJet Technologies - Overview
• Exhibit 120: TeeJet Technologies - Product / Service
• Exhibit 121: TeeJet Technologies - Key offerings

• 10.11 The Toro Co.
• Exhibit 122: The Toro Co. - Overview
• Exhibit 123: The Toro Co. - Business segments
• Exhibit 124: The Toro Co. - Key news
• Exhibit 125: The Toro Co. - Key offerings
• Exhibit 126: The Toro Co. - Segment focus

• 10.12 Trimble Inc.
• Exhibit 127: Trimble Inc. - Overview
• Exhibit 128: Trimble Inc. - Business segments
• Exhibit 129: Trimble Inc. - Key offerings
• Exhibit 130: Trimble Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations 
• Exhibit 137: List of abbreviations

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