Field Mapping Precision Farming Market Analysis, Segmentation, Size, Share, Trend, Future Demand and Is Expected to Grasp USD 2069.78 million by 2029
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Field mapping precision farming is being widely adopted globally as it enhances the yield per unit of farming land to acquire best in terms of quantity, quality, and financial returns. The technology assists in better decision making, reduces waste and maximizes efficiency in operations.
Global Field Mapping Precision Farming Market was valued at USD 9.15 billion in 2021 and is expected to reach USD 24.33 billion by 2029, registering a CAGR of 13.00% during the forecast period of 2022-2029. "Hardware" accounts for the largest application segment in the respective market owing to the increase in adoption of drones in agricultural activities for enhancing product activity. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Precision agriculture refers to a modern approach for farm and agriculture management that makes the use of information technology. The technology ensures crops and soil receive exactly what they need for productivity and optimum health.
Deere & Company launched an information management product, JDLINK in July'2021. The product is known to offer connectivity services at no additional cost and assist customers in connecting to their machines.
Trimble introduced the Trimble R12i GNSS receiver in September'2021. The technology incorporates inertial measurement unit-based tilt compensation and offers 30% high performance.
Some of the major players operating in the field mapping precision farming market are
AG Leader Technology Inc. (US)
AGCO Corporation (US)
AgJunction Inc. (Canada)
AgEagle Aerial Systems, Inc. (US)
Valmont Industries Inc. (US)
Agsmart Pty Ltd (Australia)
CropX Inc. (Israel)
Deere & Company (US)
Farmers Edge Inc. (Canada)
GEA Group Aktiengesellschaft (Germany)
Monsanto Company (US)
Precision Planting LLC (US)
Raven Industries Inc. (US)
Tetra Laval International S.A. (Switzerland)
Trimble Inc. (US)
Global Field Mapping Precision Farming Market Scope and Market Size
The field mapping precision farming market is segmented on the basis of component and technology. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Automation Control Systems
Guidance and Steering Systems
Handheld Mobile Devices/Handheld Computers
Flow and Application Control Devices
System Integration and Consulting Services
Managed Services, Connectivity Services
Assisted Professional Services
Maintenance and Support Services
Remote Sensing Technology
Handheld or Ground-Based Sensing
Satellite or Aerial Sensing
Field Mapping Precision Farming Market Regional Analysis/Insights
The field mapping precision farming market is analysed and market size insights and trends are provided by country, component and technology as referenced above.
The countries covered in the field mapping precision farming market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the field mapping precision farming market because of the gradual deployment of smart agriculture services within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of variable rate technology and smart irrigation controllers, and AI-based farm analytics services in the region.
Some of the distinguished players in the market include
AG Leader Technology Inc. (US), AGCO Corporation (US), AgJunction Inc. (Canada), AgEagle Aerial Systems, Inc. (US), Valmont Industries Inc. (US), Agsmart Pty Ltd (Australia), BouMatic (US), CROPMETRICS (US), CropX Inc. (Israel), Deere & Company (US), Farmers Edge Inc. (Canada), GEA Group Aktiengesellschaft (Germany), Monsanto Company (US), Taranis (US), Precision Planting LLC (US), Raven Industries Inc. (US), Topcon (Japan), Tetra Laval International S.A. (Switzerland), and Trimble Inc. (US), among others
Geographically, the market has been segmented into
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Points of the Report
The analysis of growth trends of Global Field Mapping Precision Farming market is based upon the CAGR calculated from 2022-2029.
To analyse the functioning of the market in each region, the market share and growth rate of each geographical region are evaluated.
It includes all of the necessary details on the market's major producers, customers, and distributors.
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