Precision Farming/Agricultu re Service Market
Precision Farming/Agriculture Service Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Precision Farming/Agriculture Service Market Size and Growth
Precision farming/agriculture services market research reports indicate a growing demand for technology-driven solutions to optimize agricultural practices. The market size is estimated to be USD 10.23 billion in 2021, with a projected CAGR of 12.7% from 2022 to 2028. Factors driving growth include increasing adoption of IoT, AI, and drones in farming operations.
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Companies Covered (Covid 19 Impact Covered)
◍ Ag Leader Technology
◍ AgJunction, Inc.
◍ CropMetrics LLC
◍ Trimble, Inc.
◍ AGCO Corporation
◍ Raven Industries, Inc.
◍ AgEagle Aerial Systems
◍ Deere & Company
◍ DICKEY-john Corporation
◍ Farmers Edge Inc.
◍ Grownetics, Inc.
◍ Granular, Inc
◍ The Climate Corporation (Monsanto Company)
◍ Topcon Corporation
◍ Hexagon AB
The Precision Farming/Agriculture Service Market is highly competitive with companies such as Trimble, Raven Industries, John Deere, and AGCO Corporation leading the way. These companies offer various precision farming technologies and services to help farmers improve efficiency and productivity. They use advanced technologies like GPS, sensors, and data analytics to provide farmers with valuable insights for decisionmaking.
- Trimble, Inc. reported sales revenue of $3.1 billion in 2020.
- AGCO Corporation reported sales revenue of $9.1 billion in 2020.
- Raven Industries, Inc. reported sales revenue of $400 million in 2020.
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Market Segmentation
By Application
◍ Yield Monitoring
◍ Field Mapping
◍ Crop Scouting
◍ Others
By Product
◍ Web-based
◍ Cloud-based
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$ X Billion USD
Market Growth
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