精密農業市場 – 2032年までの世界予測

Precision Farming Market- Global Forecast to 2032

精密農業市場 - 自動化および制御システム、クラウドベースのソフトウェア、システム統合およびコンサルティングサービス、ガイダンス技術、可変レート技術、収量監視、フィールドマッピング、可変レートアプリケーション - 2032年までの世界予測
Precision Farming Market by Automation & Control Systems, Cloud-based Software, System Integration & Consulting Services, Guidance Technology, Variable Rate Technology, Yield Monitoring, Field Mapping, Variable Rate Application - Global Forecast to 2032

商品番号 : SMB-12753

出版社MarketsandMarkets
出版年月2025年6月
ページ数294
図表数306
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートでは、精密農業市場をセグメント化し、提供内容、技術、用途、地域別に市場規模を予測しています。また、市場の成長促進要因、制約要因、機会、課題についても考察しています。北米、欧州、アジア太平洋、その他の地域という4つの主要地域における市場の詳細な分析を提供しています。サプライチェーン分析に加え、主要プレーヤーとその精密農業エコシステムにおける競合分析も含まれています。

The precision farming market is expected to grow from USD 11.38 billion in 2025 to USD 21.45 billion by 2032, at a CAGR of 9.5%. The growing emphasis on sustainable agricultural practices is accelerating the precision farming market’s growth by promoting efficient resource use and reducing environmental impact. Precision farming technologies, such as IoT sensors, drones, and AI-driven analytics, enable farmers to optimize water, fertilizer, and pesticide usage, minimizing waste and soil degradation. This aligns with global sustainability goals and regulatory pressures to lower carbon footprints in agriculture. Additionally, consumer demand for eco-friendly and organic produce encourages farmers to adopt these technologies, enhancing yields while preserving ecosystems. As a result, the need for sustainable solutions drives widespread adoption, fueling the precision farming market’s expansion across regions.

精密農業市場は、2025年の113億8,000万米ドルから2032年には214億5,000万米ドルに拡大し、年平均成長率(CAGR)9.5%で成長すると予測されています。持続可能な農業慣行への関心の高まりは、効率的な資源利用を促進し、環境への影響を軽減することで、精密農業市場の成長を加速させています。IoTセンサー、ドローン、AI駆動型分析などの精密農業技術により、農家は水、肥料、農薬の使用を最適化し、廃棄物や土壌劣化を最小限に抑えることができます。これは、農業における炭素排出量の削減を求める世界的な持続可能性目標や規制圧力にも合致しています。さらに、環境に優しい有機農産物に対する消費者の需要は、農家によるこれらの技術の導入を促し、収穫量を向上させながら生態系を保護しています。その結果、持続可能なソリューションへのニーズが広範な導入を促進し、精密農業市場の地域を超えた拡大を促進しています。

精密農業市場 - 2032年までの世界予測
precision-farming-market

“Guidance technology accounted for the largest market share in 2024”

Guidance technology accounted for the largest share of the precision farming market in 2024 due to its critical role in enhancing operational efficiency and reducing labor costs. Technologies like GPS, auto-steering systems, and GNSS enable precise navigation and field mapping, allowing farmers to optimize planting, harvesting, and field operations with minimal overlap or waste. Key drivers include the rising adoption of automated machinery, increasing farm sizes, and the need for higher productivity amid labor shortages. Additionally, government subsidies for smart agriculture and the push for sustainable practices further boost demand.

“Variable rate application is projected to register the second-highest CAGR during the forecast period”

Variable rate application (VRA) recorded the second-highest CAGR in the precision farming market during the forecast period due to its ability to optimize resource use and boost crop yields. VRA allows farmers to apply fertilizers, pesticides, and water at varying rates across a field, tailoring inputs to specific soil and crop needs. Key drivers include the rising adoption of data analytics and IoT for real-time field monitoring, increasing demand for sustainable farming practices, and advancements in sensor technology that enhance application precision. Additionally, the need to reduce input costs and environmental impact while meeting food demand fuels the rapid adoption of VRAin precision agriculture.

“China is estimated to lead growth in Asia Pacific precision farming market during the forecast period”

China is set to lead growth in the Asia Pacific precision farming market due to its robust government support, including subsidies and policies promoting smart agriculture to ensure food security for its massive population. Rapid urbanization and rising food demand drive the need for efficient farming, pushing farmers to adopt advanced technologies like IoT, AI, and drones for better crop management. Additionally, China’s focus on technological innovation, supported by heavy investments in agricultural R&D, accelerates the integration of precision farming tools. The combination of government initiatives, pressing food security needs, and widespread tech adoption position China as a frontrunner in the region’s precision farming market growth.

Breakdown of Primaries

A variety of executives from key organizations operating in the precision farming market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.

  • By Company Type: Tier 1–35%, Tier 2– 40%, and Tier 3–25%
  • By Designation: C-level Executives–30%, Directors–40%, and Others–30%
  • By Region: North America–40%, Asia Pacific–32%, Europe–23%, and RoW–5%

The precision farming market is dominated by globally established players such as Deere & Company (US), AGCO Corporation (US), CNH Industrial N.V. (Netherlands), Ag Leader Technology (US), AgEagle Aerial Systems Inc (US), Topcon Corporation (Japan), Bayer AG (Climate LLC.) (Germany), TeeJet Technologies (US), Hexagon AB (Sweden), Kubota Corporation (Japan), Trimble Inc. (US), Abaco S.p.A. (Italy), Cropx Inc. (Israel), Farmers Edge Inc. (Canada), Grownetics (US), Cropin Technology Solutions Private Limited (India), Gamaya (Switzerland), Dickey-John (US), Telus (Canada), Harxon Corporation (China), Aeris (US), Esri (US), Farmdok GmbH (Austria), Yara (Norway), and Claas KGaA mbH (Germany). The study includes an in-depth competitive analysis of these key players in the precision farming market, with their company profiles, recent developments, and key market strategies.

精密農業市場 - 2032年までの世界予測 ecosystem
precision-farming-market-ecosystem

Study Coverage

The report segments the precision farming market and forecasts its size by offering, technology, application, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. A supply chain analysis has been included in the report, along with the key players and their competitive analysis of the precision farming ecosystem.

Key Benefits of Buying the Report

  • Analysis of key drivers (technological advancements fueling data-driven and efficient farming, Growing emphasis on sustainable agricultural practices, and Government support and subsidies for smart agriculture), restraints (High initial investment and technology costs, and Lack of technical knowledge and skilled workforce), opportunities (Growth potential of variable rate application (VRA) in precision farming, Adoption of data analytics in the agriculture sector, and Advancements in nanotechnology for precision agriculture), and challenge (Lack of standardized policies and regulations, Data privacy issues and security concerns, and Limited digital infrastructure in rural areas) influencing the growth of the precision farming market
  • Products/Solution/Service Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product/solution/service launches in the precision farming market
  • Market Development: Comprehensive information about lucrative markets–the report analyses the precision farming market across varied regions.
  • Market Diversification: Exhaustive information about new products/solutions/services, untapped geographies, recent developments, and investments in the precision farming market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Deere & Company (US), AGCO Corporation (US), CNH Industrial N.V. (UK), Kubota Corporation (Japan), and Topcon Corporation (Japan), among others

Table of Contents

1               INTRODUCTION              28

1.1           STUDY OBJECTIVES       28

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   29

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      29

1.3.2        INCLUSIONS AND EXCLUSIONS 31

1.3.3        YEARS CONSIDERED      31

1.4           CURRENCY CONSIDERED            32

1.5           UNIT CONSIDERED        32

1.6           LIMITATIONS    32

1.7           STAKEHOLDERS               32

1.8           SUMMARY OF CHANGES               33

2               RESEARCH METHODOLOGY       34

2.1           RESEARCH DATA              34

2.1.1        SECONDARY DATA          35

2.1.1.1    Key data from secondary sources       36

2.1.1.2    List of key secondary sources              36

2.1.2        PRIMARY DATA 36

2.1.2.1    Key data from primary sources           37

2.1.2.2    List of primary interview participants               37

2.1.2.3    Breakdown of primaries      38

2.1.2.4    Key industry insights           38

2.1.3        SECONDARY AND PRIMARY RESEARCH 39

2.2           MARKET SIZE ESTIMATION METHODOLOGY     39

2.2.1        BOTTOM-UP APPROACH              41

2.2.1.1    Approach to arrive at market size using bottom-up analysis

(demand side)       41

2.2.2        TOP-DOWN APPROACH                42

2.2.2.1    Approach to arrive at market size using top-down analysis

(supply side)         42

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 43

2.4           RISK ANALYSIS  44

2.5           RESEARCH ASSUMPTIONS           45

2.6           RESEARCH LIMITATIONS             45

3               EXECUTIVE SUMMARY  46

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRECISION FARMING MARKET  50

4.2           PRECISION FARMING MARKET FOR AUTOMATION & CONTROL SYSTEM, BY DEVICE TYPE      51

4.3           PRECISION FARMING MARKET, BY APPLICATION                 52

4.4           PRECISION FARMING MARKET, BY REGION         52

5               MARKET OVERVIEW       53

5.1           INTRODUCTION              53

5.2           MARKET DYNAMICS       53

5.2.1        DRIVERS               54

5.2.1.1    Technological advancements fueling data-driven and

efficient farming   54

5.2.1.2    Growing emphasis on sustainable agricultural practices                 54

5.2.1.3    Government support and incentives for smart agriculture                 55

5.2.2        RESTRAINTS      56

5.2.2.1    High initial investment and technology costs  56

5.2.2.2    Lack of technical knowledge and skilled workforce         56

5.2.3        OPPORTUNITIES              57

5.2.3.1    Adoption of variable rate application (VRA) in precision farming                 57

5.2.3.2    Increasing use of data analytics to optimize farming operations                 57

5.2.3.3    Advancement in nanotechnology for precision agriculture                 57

5.2.4        CHALLENGES    58

5.2.4.1    Lack of standardized policies and regulations 58

5.2.4.2    Data privacy issues and security concerns        58

5.2.4.3    Limited digital infrastructure in rural areas     59

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            59

5.4           PRICING ANALYSIS          60

5.4.1        AVERAGE SELLING PRICE TREND, BY REGION   61

5.4.2        AVERAGE SELLING PRICE OF PRECISION FARMING HARDWARE COMPONENTS, BY KEY PLAYERS     62

5.5           VALUE CHAIN ANALYSIS               63

5.6           ECOSYSTEM ANALYSIS  64

5.7           TECHNOLOGY ANALYSIS             66

5.7.1        KEY TECHNOLOGIES     66

5.7.1.1    Global Positioning System (GPS)/Global Navigation Satellite

System (GNSS)    66

5.7.1.2    Remote sensing (Satellite and UAV/drones)  66

5.7.1.3    Geographic Information System (GIS)             67

5.7.2        COMPLEMENTARY TECHNOLOGIES       67

5.7.2.1    Internet of Things (IoT)     67

5.7.2.2    Artificial intelligence (AI) and machine learning (ML) 68

5.7.2.3    Telematics and wireless communication (e.g., LoRa, NB-IoT, 5G)         68

5.7.3        ADJACENT TECHNOLOGIES       69

5.7.3.1    Augmented reality (AR) and virtual reality (VR)            69

5.7.3.2    Digital twin and simulation models   69

5.8           PATENT ANALYSIS          70

5.9           TRADE ANALYSIS             72

5.9.1        IMPORT DATA  72

5.9.2        EXPORT DATA  73

5.10         KEY CONFERENCES AND EVENTS, 2025–2026        75

5.11         CASE STUDY ANALYSIS 76

5.11.1      SYNGENTA ADVANCES PRECISION FARMING WITH SATELLITE INSIGHTS

VIA PLANET LABS PBC PARTNERSHIP    76

5.11.2      TELNYX DEPLOYS AUTONOMOUS SENSORS TO ENHANCE COTTON YIELDS IN PARBHANI THROUGH DIGITAL INNOVATION    76

5.11.3      FARMONAUT TECHNOLOGIES PVT. LTD. EMPOWERS CALIFORNIA AGRICULTURE WITH DRONE-ENABLED PRECISION FARMING FOR ENHANCED CROP HEALTH AND EFFICIENCY       77

5.11.4      PRECISION AGRICULTURE ENHANCES COTTON YIELDS IN PARBHANI THROUGH DIGITAL INNOVATION              77

5.12         INVESTMENT AND FUNDING SCENARIO               78

5.13         TARIFF AND REGULATORY LANDSCAPE               78

5.13.1      TARIFF ANALYSIS             78

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

5.13.3      KEY REGULATIONS         81

5.14         PORTER’S FIVE FORCE ANALYSIS              81

5.14.1      INTENSITY OF COMPETITIVE RIVALRY 82

5.14.2      THREAT OF SUBSTITUTES          83

5.14.3      BARGAINING POWER OF BUYERS             83

5.14.4      BARGAINING POWER OF SUPPLIERS       83

5.14.5      THREAT OF NEW ENTRANTS      83

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     84

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           84

5.15.2      BUYING CRITERIA           85

5.16         IMPACT OF GEN AI/AI ON PRECISION FARMING MARKET               85

5.16.1      INTRODUCTION              85

5.17         IMPACT OF 2025 US TARIFF ON PRECISION FARMING MARKET               86

5.17.1      INTRODUCTION              86

5.17.2      KEY TARIFF RATES          87

5.17.3      PRICE IMPACT ANALYSIS             88

5.17.4      IMPACT ON COUNTRIES/REGIONS         89

5.17.4.1  US           89

5.17.4.2  Europe   89

5.17.4.3  Asia Pacific            89

5.17.5      IMPACT ON APPLICATIONS        89

6               PRECISION FARMING MARKET, BY OFFERING    91

6.1           INTRODUCTION              92

6.2           HARDWARE        93

6.2.1        AUTOMATION & CONTROL SYSTEMS    94

6.2.1.1    Displays 96

6.2.1.1.1 Enhancing efficiency with real-time display

hardware integration            96

6.2.1.2    Guidance & steering systems              97

6.2.1.2.1 Increasing use of GPS-based guidance and automated steering solutions to drive market     97

6.2.1.3    GPS/GNSS devices              97

6.2.1.3.1 Need for better resource allocation and increasing yield to increase demand   97

6.2.1.4    Drones/UAVs       98

6.2.1.4.1 Adoption of drones increasing for early detection of field anomalies and identifying pests and diseases  98

6.2.1.5    Irrigation controllers            99

6.2.1.5.1 Adoption of irrigation controllers minimizing water waste, enhancing distribution efficiency, and supporting optimal crop hydration                 99

6.2.1.6    Handheld mobile devices/handheld computers               100

6.2.1.6.1 Offers flexibility and real-time connectivity for managing agricultural data and processes           100

6.2.1.7    Flow & application control devices    100

6.2.1.7.1 Increasing adoption for optimized input delivery to

drive market          100

6.2.1.8    Others    101

6.2.2        SENSING & MONITORING DEVICES         101

6.2.2.1    Yield monitors       103

6.2.2.1.1 Offers insights into field variability and enables data-driven decision-making   103

6.2.2.2    Soil sensors            104

6.2.2.2.1 Need for real-time information on soil moisture, pH, and conductivity to drive demand             104

6.2.2.2.2 Moisture sensors  105

6.2.2.2.3 Temperature sensors           105

6.2.2.2.4 Nutrient sensors   106

6.2.2.3    Water sensors        106

6.2.2.3.1 Offers real-time data on water availability, quality,

and usage               106

6.2.2.4    Climate sensors    106

6.2.2.4.1 Supports informed decision-making related to planting schedules, irrigation planning, and pest control 106

6.3           SOFTWARE         107

6.3.1        LOCAL/WEB-BASED SOFTWARE                109

6.3.1.1    Adoption in remote farms to drive market growth          109

6.3.2        CLOUD-BASED SOFTWARE         110

6.3.2.1    Ability to share data seamlessly and access platforms to

drive adoption       110

6.4           SERVICES             111

6.4.1        SYSTEM INTEGRATION & CONSULTING SERVICES                 113

6.4.1.1    Adoption of new hardware driving system integration services                 113

6.4.2        MANAGED SERVICES      114

6.4.2.1    Demand for cloud-driven managed services and expert farm operations growing               114

6.4.2.2    Farm operation services      115

6.4.2.3    Data services         115

6.4.2.4    Analytics services 116

6.4.3        CONNECTIVITY SERVICES           116

6.4.3.1    Need for maintaining reliable data transmission to fuel demand                 116

6.4.4        ASSISTED PROFESSIONAL SERVICES       117

6.4.4.1    Offers expert guidance on implementation and management of farming technologies            117

6.4.4.2    Supply chain management services   118

6.4.4.3    Climate information services              118

6.4.4.4    Other assisted professional services  118

6.4.5        MAINTENANCE & SUPPORT SERVICES   119

6.4.5.1    Need for improving operation efficiency to drive segmental growth    119

7               PRECISION FARMING MARKET, BY TECHNOLOGY                 120

7.1           INTRODUCTION              121

7.2           GUIDANCE TECHNOLOGY           122

7.2.1        ABILITY TO ENHANCE FIELD ACCURACY, INPUT EFFICIENCY, AND DATA-DRIVEN DECISION-MAKING TO DRIVE ADOPTION         122

7.2.2        GPS/GNSS-BASED GUIDANCE TECHNOLOGY     124

7.2.2.1    Ability to enhance site-specific operations, input accuracy, and sustainable resource management to facilitate market growth      124

7.2.3        GIS-BASED GUIDANCE TECHNOLOGY   124

7.2.3.1    Advancing spatial data management, resource optimization, and site-specific decision support to drive market 124

7.3           REMOTE SENSING TECHNOLOGY            125

7.3.1        INCREASING ADOPTION FOR OBSERVATION OF VARIOUS AGRICULTURAL PARAMETERS TO DRIVE DEMAND                 125

7.3.2        HANDHELD OR GROUND-BASED SENSING          127

7.3.2.1    Need for cost-effective field monitoring and yield assessment solutions to fuel demand     127

7.3.3        SATELLITE OR AERIAL SENSING               127

7.3.3.1    Adoption of advanced crop monitoring and yield technologies to

drive market          127

7.4           VARIABLE RATE TECHNOLOGY 128

7.4.1        NEED FOR ENHANCING FARMING WITH REAL-TIME DATA, SITE-SPECIFIC MANAGEMENT, AND SUSTAINABLE INPUT TO DRIVE MARKET           128

7.4.2        MAP-BASED       130

7.4.2.1    Offers advanced spatial data and site-specific input management                 130

7.4.3        SENSOR-BASED 131

7.4.3.1    Adoption of sensor-driven VRT for optimized input application and sustainable crop management to drive growth         131

8               PRECISION FARMING MARKET, BY APPLICATION                 132

8.1           INTRODUCTION              133

8.2           YIELD MONITORING      135

8.2.1        NECESSITY FOR REAL-TIME YIELD MONITORING TO OPTIMIZE CROP PERFORMANCE AND INPUT MANAGEMENT DRIVING DEMAND          135

8.2.2        ON-FARM YIELD MONITORING 138

8.2.3        OFF-FARM YIELD MONITORING                138

8.3           CROP SCOUTING             139

8.3.1        ADVANCED CROP SCOUTING WITH GPS AND UAV TECHNOLOGIES TO OPTIMIZE INPUT USE AND ENHANCE CROP HEALTH TO DRIVE

MARKET GROWTH          139

8.3.2        PRE-SEEDING CROP SCOUTING                140

8.3.3        POST-SEEDING CROP SCOUTING             140

8.3.4        CROP MONITORING       141

8.4           FIELD MAPPING               141

8.4.1        ENHANCING FARM EFFICIENCY WITH ADVANCED MANAGEMENT APPLICATIONS TO SUPPORT MARKET GROWTH             141

8.4.2        BOUNDARY MAPPING   143

8.4.3        DRAINAGE MAPPING     143

8.5           VARIABLE RATE APPLICATION 143

8.5.1        ADOPTION OF VRA INCREASING TO ENSURE EFFICIENT

RESOURCE UTILIZATION             143

8.5.2        PRECISION IRRIGATION                145

8.5.3        PRECISION SEEDING      145

8.5.4        PRECISION FERTILIZATION        145

8.5.4.1    Nitrogen VRA       146

8.5.4.2    Phosphorous VRA                146

8.5.4.3    Lime VRA              147

8.5.5        OTHER VARIABLE RATE APPLICATIONS                147

8.6           WEATHER TRACKING & FORECASTING 147

8.6.1        NEED FOR ENHANCING FARM EFFICIENCY THROUGH ADVANCED WEATHER MONITORING AND FORECASTING TO DRIVE DEMAND               147

8.7           INVENTORY MANAGEMENT       149

8.7.1        NEED FOR OPTIMIZING RESOURCE EFFICIENCY TO DRIVE ADOPTION OF STRATEGIC FARM INVENTORY MANAGEMENT 149

8.8           FARM LABOR MANAGEMENT     150

8.8.1        ENABLES REDUCTION OF LABOR COSTS AND BOOSTS CROP YIELD

VIA EFFECTIVE WORKFORCE COORDINATION  150

8.9           FINANCIAL MANAGEMENT         151

8.9.1        NEED FOR IMPROVING PROFITABILITY AND MITIGATING FINANCIAL

RISKS TO DRIVE MARKET             151

8.10         OTHER APPLICATIONS 152

9               PRECISION FARMING MARKET, BY REGION         154

9.1           INTRODUCTION              155

9.2           NORTH AMERICA             156

9.2.1        MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 157

9.2.2        US           159

9.2.2.1    Presence of major market players to fuel market growth                 159

9.2.3        CANADA               161

9.2.3.1    Digital innovation and sustainable practices strengthening

precision agriculture            161

9.2.4        MEXICO                162

9.2.4.1    Growing advancements in digital tools and smart farming technologies to drive market               162

9.3           EUROPE               163

9.3.1        MACROECONOMIC OUTLOOK FOR EUROPE      164

9.3.2        GERMANY           167

9.3.2.1    Digitalization and strategic investments in agriculture sector

driving market growth         167

9.3.3        UK          168

9.3.3.1    Technological advancements and strong research fueling adoption 168

9.3.4        FRANCE                170

9.3.4.1    Data-driven startups and smart environmental insights

supporting market growth  170

9.3.5        SPAIN    171

9.3.5.1    Technological modernization, sustainable practices, and EU support advancing precision farming                 171

9.3.6        ITALY    173

9.3.6.1    Adoption of smart irrigation, agricultural drones, and GPS-enabled resource optimization driving market 173

9.3.7        POLAND               174

9.3.7.1    Gradual adoption of smart farming supported by EU funding and modernization efforts to drive market               174

9.3.8        NORDICS             176

9.3.8.1    Strong digital infrastructure and environmental goals driving

market growth       176

9.3.9        REST OF EUROPE             177

9.4           ASIA PACIFIC     178

9.4.1        MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 178

9.4.2        CHINA  182

9.4.2.1    Government investments, advanced technologies, and global collaborations driving growth             182

9.4.3        JAPAN   184

9.4.3.1    Precision farming advancing through robotics, research institutions, and technological innovation        184

9.4.4        SOUTH KOREA  185

9.4.4.1    Advancement and adoption of smart technologies driving precision farming in South Korea      185

9.4.5        INDIA    187

9.4.5.1    Digital innovation and adoption of smart equipment accelerating market growth       187

9.4.6        AUSTRALIA         188

9.4.6.1    Large-scale mechanization, soil-specific applications, and institutional support boosting precision farming             188

9.4.7        INDONESIA        190

9.4.7.1    Digital transformation and public-private collaboration enabling market growth       190

9.4.8        MALAYSIA           191

9.4.8.1    Smart farming initiatives advancing precision agriculture in Malaysia 191

9.4.9        THAILAND          193

9.4.9.1    Large-scale mechanization, soil-specific applications, and institutional support to drive market 193

9.4.10      VIETNAM             194

9.4.10.1  Technology integration and policy support accelerating

precision farming 194

9.4.11      REST OF ASIA PACIFIC   195

9.5           REST OF THE WORLD    196

9.5.1        MACROECONOMIC OUTLOOK FOR ROW              196

9.5.2        MIDDLE EAST   199

9.5.2.1    Bahrain  201

9.5.2.1.1 Sustainable agri-tech collaborations advancing

precision farming 201

9.5.2.2    Kuwait    201

9.5.2.2.1 Adoption of technologies like smart water management and vertical farming driving market          201

9.5.2.3    Oman     201

9.5.2.3.1 Implementation of smart agriculture and food security initiatives driving precision farming    201

9.5.2.4    Qatar      202

9.5.2.4.1 Strategic advancements and agricultural digitization for sustainable food security to drive market          202

9.5.2.5    Saudi Arabia          202

9.5.2.5.1 Innovation and strategic initiatives transforming

agriculture sector 202

9.5.2.6    UAE        202

9.5.2.6.1 Strategic collaborations enabling advancement of

precision farming 202

9.5.2.7    Rest of Middle East              203

9.5.2.7.1 Evolving agricultural practices leading to emerging precision farming trends      203

9.5.3        AFRICA 203

9.5.3.1    South Africa           205

9.5.3.1.1 Advancement in precision agriculture through satellite IoT and AI-driven solutions               205

9.5.3.2    Other African countries      205

9.5.4        SOUTH AMERICA             205

9.5.4.1    Advancing digital connectivity and technological integration driving demand for precision farming               205

10            COMPETITIVE LANDSCAPE         208

10.1         OVERVIEW          208

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2024–2025                 208

10.3         REVENUE ANALYSIS, 2022–2024  210

10.4         MARKET SHARE ANALYSIS, 2024                 211

10.5         COMPANY VALUATION AND FINANCIAL METRICS, 2025                 213

10.6         PRODUCT COMPARISON              215

10.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 215

10.7.1      STARS   216

10.7.2      EMERGING LEADERS     216

10.7.3      PERVASIVE PLAYERS      216

10.7.4      PARTICIPANTS 216

10.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         218

10.7.5.1  Company footprint               218

10.7.5.2  Region footprint   219

10.7.5.3  Offering footprint 220

10.7.5.4  Technology footprint           221

10.7.5.5  Application footprint            222

10.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        222

10.8.1      PROGRESSIVE COMPANIES         222

10.8.2      RESPONSIVE COMPANIES            222

10.8.3      DYNAMIC COMPANIES  223

10.8.4      STARTING BLOCKS         223

10.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 224

10.8.5.1  Detailed list of key startups/SMEs    224

10.8.5.2  Competitive benchmarking of key startups/SMEs          225

10.9         COMPETITIVE SCENARIO             226

10.9.1      PRODUCT LAUNCHES   226

10.9.2      DEALS  227

11            COMPANY PROFILES      229

11.1         INTRODUCTION              229

11.2         KEY PLAYERS     229

11.2.1      DEERE & COMPANY        229

11.2.1.1  Business overview 229

11.2.1.2  Products/Solutions/Services offered 231

11.2.1.3  Recent developments           233

11.2.1.3.1                Product launches  233

11.2.1.3.2                Deals      234

11.2.1.3.3                Other developments             235

11.2.1.4  MnM view              235

11.2.1.4.1                Key strengths        235

11.2.1.4.2                Strategic choices   235

11.2.1.4.3                Weaknesses and competitive threats 236

11.2.2      AGCO CORPORATION   237

11.2.2.1  Business overview 237

11.2.2.2  Products/Solutions/Services offered 238

11.2.2.3  Recent developments           240

11.2.2.3.1                Product launches  240

11.2.2.3.2                Deals      240

11.2.2.4  MnM view              240

11.2.2.4.1                Key strengths        240

11.2.2.4.2                Strategic choices   241

11.2.2.4.3                Weaknesses and competitive threats 241

11.2.3      CNH INDUSTRIAL N.V.  242

11.2.3.1  Business overview 242

11.2.3.2  Products/Solutions/Services offered 243

11.2.3.3  Recent developments           245

11.2.3.3.1                Deals      245

11.2.3.4  MnM view              245

11.2.3.4.1                Key strengths        245

11.2.3.4.2                Strategic choices   245

11.2.3.4.3                Weaknesses and competitive threats 246

11.2.4      AG LEADER TECHNOLOGY          247

11.2.4.1  Business overview 247

11.2.4.2  Products/Solutions/Services offered 247

11.2.4.3  Recent developments           248

11.2.4.3.1                Product launches  248

11.2.4.4  MnM view              249

11.2.4.4.1                Key strengths        249

11.2.4.4.2                Strategic choices   249

11.2.4.4.3                Weaknesses and competitive threats 249

11.2.5      AGEAGLE AERIAL SYSTEMS INC.               250

11.2.5.1  Business overview 250

11.2.5.2  Products/Solutions/Services offered 251

11.2.5.3  MnM view              252

11.2.5.3.1                Key strengths        252

11.2.5.3.2                Strategic choices   252

11.2.5.3.3                Weaknesses and competitive threats 252

11.2.6      TOPCON CORPORATION              253

11.2.6.1  Business overview 253

11.2.6.2  Products/Solutions/Services offered 254

11.2.6.3  Recent developments           256

11.2.6.3.1                Deals      256

11.2.7      BAYER AG (CLIMATE LLC)           257

11.2.7.1  Business overview 257

11.2.7.2  Products/Solutions/Services offered 258

11.2.7.3  Recent developments           259

11.2.7.3.1                Product launches  259

11.2.7.3.2                Deals      259

11.2.8      TEEJET TECHNOLOGIES               260

11.2.8.1  Business overview 260

11.2.8.2  Products/Solutions/Services offered 260

11.2.9      HEXAGON AB    262

11.2.9.1  Business overview 262

11.2.9.2  Products/Solutions/Services offered 263

11.2.9.3  Recent developments           265

11.2.9.3.1                Product launches  265

11.2.10   KUBOTA CORPORATION              266

11.2.10.1                 Business overview 266

11.2.10.2                 Products/Solutions/Services offered 267

11.2.10.3                 Recent development             270

11.2.10.3.1             Deals      270

11.3         OTHER PLAYERS              271

11.3.1      TRIMBLE INC.    271

11.3.2      ABACO S.P.A.     272

11.3.3      CROPX INC.        273

11.3.4      FARMERS EDGE INC.      274

11.3.5      GROWNETICS   275

11.3.6      CROPIN TECHNOLOGY SOLUTIONS PRIVATE LIMITED                 276

11.3.7      GAMAYA              277

11.3.8      DICKEY-JOHN   278

11.3.9      TELUS   279

11.3.10   HARXON CORPORATION              280

11.3.11   AGRICOLUS        281

11.3.12   ESRI       282

11.3.13   FARMDOK GMBH             283

11.3.14   YARA     284

11.3.15   CLAAS KGAA MBH           285

12            APPENDIX           286

12.1         INSIGHTS FROM INDUSTRY EXPERTS     286

12.2         DISCUSSION GUIDE        287

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                290

12.4         CUSTOMIZATION OPTIONS        292

12.5         RELATED REPORTS         292

12.6         AUTHOR DETAILS           293

LIST OF TABLES

TABLE 1                PRECISION FARMING MARKET: RISK ANALYSIS                 44

TABLE 2                AVERAGE SELLING PRICE TREND OF PRECISION FARMING DRONES,

BY REGION, 2021–2024 (USD)      61

TABLE 3                AVERAGE SELLING PRICE TREND OF PRECISION FARMING COMPONENTS OFFERED BY KEY PLAYERS, BY HARDWARE, 2020–2024 (USD)     62

TABLE 4                PRECISION FARMING MARKET: ROLE OF KEY PLAYERS IN ECOSYSTEM              65

TABLE 5                LIST OF KEY PATENTS IN PRECISION FARMING MARKET, 2023–2025          71

TABLE 6                IMPORT DATA FOR HS CODE 8433-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            73

TABLE 7                EXPORT DATA FOR HS CODE 8433-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            74

TABLE 8                PRECISION FARMING MARKET: LIST OF CONFERENCES AND EVENTS     75

TABLE 9                MFN TARIFF FOR HS CODE 8433-COMPLIANT PRODUCTS EXPORTED

BY GERMANY, 2025          79

TABLE 10              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 11              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 12              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 13              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 14              PRECISION FARMING MARKET: REGULATORY LANDSCAPE       81

TABLE 15              PRECISION FARMING MARKET: IMPACT OF PORTER’S FIVE FORCES 82

TABLE 16              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE APPLICATIONS        84

TABLE 17              KEY BUYING CRITERIA, BY APPLICATION                 85

TABLE 18              US-ADJUSTED RECIPROCAL TARIFF RATES                 87

TABLE 19              PRECISION FARMING MARKET, BY OFFERING, 2021–2024 (USD MILLION)            92

TABLE 20              PRECISION FARMING MARKET, BY OFFERING, 2025–2032 (USD MILLION)            92

TABLE 21              PRECISION FARMING MARKET, BY HARDWARE, 2021–2024 (USD MILLION)            93

TABLE 22              PRECISION FARMING MARKET, BY HARDWARE, 2025–2032 (USD MILLION)            93

TABLE 23              HARDWARE: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            93

TABLE 24              HARDWARE: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            94

TABLE 25              HARDWARE: PRECISION FARMING MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            94

TABLE 26              HARDWARE: PRECISION FARMING MARKET, BY TECHNOLOGY,

2025–2032 (USD MILLION)            94

TABLE 27              AUTOMATION & CONTROL SYSTEMS: PRECISION FARMING MARKET,

BY DEVICE TYPE, 2021–2024 (USD MILLION)        95

TABLE 28              AUTOMATION & CONTROL SYSTEMS: PRECISION FARMING MARKET,

BY DEVICE TYPE, 2025–2032 (USD MILLION)        95

TABLE 29              AUTOMATION & CONTROL SYSTEMS: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)            96

TABLE 30              AUTOMATION & CONTROL SYSTEMS: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)            96

TABLE 31              DRONES/UAVS: PRECISION FARMING MARKET, BY VOLUME,

2021–2024 (THOUSAND UNITS)  99

TABLE 32              DRONES/UAVS: PRECISION FARMING MARKET, BY VOLUME,

2025–2032 (THOUSAND UNITS)  99

TABLE 33              SENSING & MONITORING DEVICES: PRECISION FARMING MARKET,

BY DEVICE TYPE, 2021–2024 (USD MILLION)        102

TABLE 34              SENSING & MONITORING DEVICES: PRECISION FARMING MARKET,

BY DEVICE TYPE, 2025–2032 (USD MILLION)        102

TABLE 35              SENSING & MONITORING DEVICES: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)                 102

TABLE 36              SENSING & MONITORING DEVICES: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)                 103

TABLE 37              SOIL SENSORS: PRECISION FARMING MARKET, BY SENSOR TYPE,

2021–2024 (USD MILLION)            104

TABLE 38              SOIL SENSORS: PRECISION FARMING MARKET, BY SENSOR TYPE,

2025–2032 (USD MILLION)            105

TABLE 39              SOFTWARE: PRECISION FARMING MARKET, BY TYPE, 2021–2024 (USD MILLION)                107

TABLE 40              SOFTWARE: PRECISION FARMING MARKET, BY TYPE, 2025–2032 (USD MILLION)                107

TABLE 41              SOFTWARE: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            108

TABLE 42              SOFTWARE: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            108

TABLE 43              SOFTWARE: PRECISION FARMING MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            108

TABLE 44              SOFTWARE: PRECISION FARMING MARKET, BY TECHNOLOGY,

2025–2032 (USD MILLION)            108

TABLE 45              LOCAL/WEB-BASED SOFTWARE: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)                 109

TABLE 46              LOCAL/WEB-BASED SOFTWARE: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)                 109

TABLE 47              CLOUD-BASED SOFTWARE: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            110

TABLE 48              CLOUD-BASED SOFTWARE: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            111

TABLE 49              SERVICES: PRECISION FARMING MARKET, BY SERVICE TYPE,

2021–2024 (USD MILLION)            111

TABLE 50              SERVICES: PRECISION FARMING MARKET, BY SERVICE TYPE,

2025–2032 (USD MILLION)            111

TABLE 51              SERVICES: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)          112

TABLE 52              SERVICES: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)          112

TABLE 53              SERVICES: PRECISION FARMING MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            112

TABLE 54              SERVICES: PRECISION FARMING MARKET, BY TECHNOLOGY,

2025–2032 (USD MILLION)            112

TABLE 55              SYSTEM INTEGRATION & CONSULTING SERVICES: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION) 113

TABLE 56              SYSTEM INTEGRATION & CONSULTING SERVICES: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION) 113

TABLE 57              MANAGED SERVICES: PRECISION FARMING MARKET, BY SERVICE TYPE,

2021–2024 (USD MILLION)            114

TABLE 58              MANAGED SERVICES: PRECISION FARMING MARKET, BY SERVICE TYPE,

2025–2032 (USD MILLION)            114

TABLE 59              MANAGED SERVICES: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            115

TABLE 60              MANAGED SERVICES: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            115

TABLE 61              CONNECTIVITY SERVICES: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            116

TABLE 62              CONNECTIVITY SERVICES: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            117

TABLE 63              ASSISTED PROFESSIONAL SERVICES: PRECISION FARMING MARKET, BY REGION, 2021–2024(USD MILLION)                 117

TABLE 64              ASSISTED PROFESSIONAL SERVICES: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)                 118

TABLE 65              MAINTENANCE & SUPPORT SERVICES: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)            119

TABLE 66              MAINTENANCE & SUPPORT SERVICES: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)            119

TABLE 67              PRECISION FARMING MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            121

TABLE 68              PRECISION FARMING MARKET, BY TECHNOLOGY, 2025–2032 (USD MILLION)            121

TABLE 69              GUIDANCE TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING,

2021–2024 (USD MILLION)            123

TABLE 70              GUIDANCE TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING,

2025–2032 (USD MILLION)            123

TABLE 71              GUIDANCE TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            123

TABLE 72              GUIDANCE TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            123

TABLE 73              REMOTE SENSING TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING, 2021–2024 (USD MILLION)                 126

TABLE 74              REMOTE SENSING TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING, 2025–2032 (USD MILLION)                 126

TABLE 75              REMOTE SENSING TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            126

TABLE 76              REMOTE SENSING TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            127

TABLE 77              VARIABLE RATE TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING, 2021–2024 (USD MILLION)                 129

TABLE 78              VARIABLE RATE TECHNOLOGY: PRECISION FARMING MARKET, BY OFFERING, 2025–2032 (USD MILLION)                 129

TABLE 79              VARIABLE RATE TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            129

TABLE 80              VARIABLE RATE TECHNOLOGY: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            130

TABLE 81              PRECISION FARMING MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              133

TABLE 82              PRECISION FARMING MARKET, BY APPLICATION, 2025–2032 (USD MILLION)              134

TABLE 83              BENEFITS OF YIELD MONITORING          135

TABLE 84              YIELD MONITORING: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            137

TABLE 85              YIELD MONITORING: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            137

TABLE 86              YIELD MONITORING: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            137

TABLE 87              YIELD MONITORING: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            137

TABLE 88              CROP SCOUTING: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            140

TABLE 89              CROP SCOUTING: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            140

TABLE 90             FIELD MAPPING: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            142

TABLE 91             FIELD MAPPING: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            142

TABLE 92             FIELD MAPPING: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            142

TABLE 93             FIELD MAPPING: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            142

TABLE 94              VARIABLE RATE APPLICATION: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            144

TABLE 95              VARIABLE RATE APPLICATION: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            144

TABLE 96              VARIABLE RATE APPLICATION: PRECISION FARMING MARKET, BY TYPE,

2021–2024 (USD MILLION)            144

TABLE 97              VARIABLE RATE APPLICATION: PRECISION FARMING MARKET, BY TYPE,

2025–2032 (USD MILLION)            145

TABLE 98              WEATHER TRACKING & FORECASTING: PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)            148

TABLE 99              WEATHER TRACKING & FORECASTING: PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)            148

TABLE 100            INVENTORY MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            149

TABLE 101            INVENTORY MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            150

TABLE 102            FARM LABOR MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            151

TABLE 103            FARM LABOR MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            151

TABLE 104            FINANCIAL MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            152

TABLE 105            FINANCIAL MANAGEMENT: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            152

TABLE 106            OTHER APPLICATIONS: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            153

TABLE 107            OTHER APPLICATIONS: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            153

TABLE 108            PRECISION FARMING MARKET, BY REGION, 2021–2024 (USD MILLION)            156

TABLE 109            PRECISION FARMING MARKET, BY REGION, 2025–2032 (USD MILLION)            156

TABLE 110            NORTH AMERICA: PRECISION FARMING MARKET, 2021–2024 (USD MILLION)        157

TABLE 111            NORTH AMERICA: PRECISION FARMING MARKET, 2025–2032 (USD MILLION)        158

TABLE 112            NORTH AMERICA: PRECISION FARMING MARKET, BY OFFERING,

2021–2024 (USD MILLION)            158

TABLE 113            NORTH AMERICA: PRECISION FARMING MARKET, BY OFFERING,

2025–2032 (USD MILLION)            158

TABLE 114            NORTH AMERICA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            159

TABLE 115            NORTH AMERICA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            159

TABLE 116            US: PRECISION FARMING MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              160

TABLE 117            US: PRECISION FARMING MARKET, BY APPLICATION, 2025–2032 (USD MILLION)              160

TABLE 118            CANADA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            161

TABLE 119            CANADA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            162

TABLE 120            MEXICO: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            163

TABLE 121            MEXICO: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            163

TABLE 122            EUROPE: PRECISION FARMING MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     165

TABLE 123            EUROPE: PRECISION FARMING MARKET, BY COUNTRY, 2025–2032 (USD MILLION)     165

TABLE 124            EUROPE: PRECISION FARMING MARKET, BY OFFERING,

2021–2024 (USD MILLION)            165

TABLE 125            EUROPE: PRECISION FARMING MARKET, BY OFFERING,

2025–2032 (USD MILLION)            166

TABLE 126            EUROPE: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            166

TABLE 127            EUROPE: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            166

TABLE 128            GERMANY: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            167

TABLE 129            GERMANY: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            168

TABLE 130            UK: PRECISION FARMING MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              169

TABLE 131            UK: PRECISION FARMING MARKET, BY APPLICATION, 2025–2032 (USD MILLION)              169

TABLE 132            FRANCE: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            170

TABLE 133            FRANCE: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            171

TABLE 134            SPAIN: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            172

TABLE 135            SPAIN: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            172

TABLE 136            ITALY: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            173

TABLE 137            ITALY: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            174

TABLE 138            POLAND: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            175

TABLE 139            POLAND: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            175

TABLE 140            NORDICS: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            176

TABLE 141            NORDICS: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            176

TABLE 142            REST OF EUROPE: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            177

TABLE 143            REST OF EUROPE: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            177

TABLE 144            ASIA PACIFIC: PRECISION FARMING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            180

TABLE 145            ASIA PACIFIC: PRECISION FARMING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            180

TABLE 146            ASIA PACIFIC: PRECISION FARMING MARKET, BY OFFERING,

2021–2024 (USD MILLION)            180

TABLE 147            ASIA PACIFIC: PRECISION FARMING MARKET, BY OFFERING,

2025–2032 (USD MILLION)            181

TABLE 148            ASIA PACIFIC: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            181

TABLE 149            ASIA PACIFIC: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            182

TABLE 150            CHINA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            183

TABLE 151            CHINA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            183

TABLE 152            JAPAN: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            184

TABLE 153            JAPAN: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            185

TABLE 154            SOUTH KOREA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            186

TABLE 155            SOUTH KOREA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            186

TABLE 156            INDIA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            187

TABLE 157            INDIA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            188

TABLE 158            AUSTRALIA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            189

TABLE 159            AUSTRALIA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            189

TABLE 160            INDONESIA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            190

TABLE 161            INDONESIA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            191

TABLE 162            MALAYSIA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            192

TABLE 163            MALAYSIA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            192

TABLE 164            THAILAND: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            193

TABLE 165            THAILAND: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            193

TABLE 166            VIETNAM: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            194

TABLE 167            VIETNAM: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            194

TABLE 168            REST OF ASIA PACIFIC: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            195

TABLE 169            REST OF ASIA PACIFIC: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            196

TABLE 170            REST OF THE WORLD: PRECISION FARMING MARKET, BY REGION,

2021–2024 (USD MILLION)            197

TABLE 171            REST OF THE WORLD: PRECISION FARMING MARKET, BY REGION,

2025–2032 (USD MILLION)            197

TABLE 172            REST OF THE WORLD: PRECISION FARMING MARKET, BY OFFERING,

2021–2024 (USD MILLION)            197

TABLE 173            REST OF THE WORLD: PRECISION FARMING MARKET, BY OFFERING,

2025–2032 (USD MILLION)            197

TABLE 174            REST OF THE WORLD: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            198

TABLE 175            REST OF THE WORLD: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            198

TABLE 176            MIDDLE EAST: PRECISION FARMING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            199

TABLE 177            MIDDLE EAST: PRECISION FARMING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            199

TABLE 178            MIDDLE EAST: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            200

TABLE 179            MIDDLE EAST: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            200

TABLE 180            AFRICA: PRECISION FARMING MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     203

TABLE 181            AFRICA: PRECISION FARMING MARKET, BY COUNTRY, 2025–2032 (USD MILLION)     203

TABLE 182            AFRICA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            204

TABLE 183            AFRICA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            204

TABLE 184            SOUTH AMERICA: PRECISION FARMING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            206

TABLE 185            SOUTH AMERICA: PRECISION FARMING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            206

TABLE 186            SOUTH AMERICA: PRECISION FARMING MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            206

TABLE 187            SOUTH AMERICA: PRECISION FARMING MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            207

TABLE 188            PRECISION FARMING MARKET: KEY PLAYERS’ STRATEGIES/RIGHT TO WIN,

2024–2025              208

TABLE 189            PRECISION FARMING MARKET: DEGREE OF COMPETITION 211

TABLE 190            PRECISION FARMING MARKET: REGION FOOTPRINT       219

TABLE 191            PRECISION FARMING MARKET: OFFERING FOOTPRINT       220

TABLE 192            PRECISION FARMING MARKET: TECHNOLOGY FOOTPRINT       221

TABLE 193            PRECISION FARMING MARKET: APPLICATION FOOTPRINT       222

TABLE 194            PRECISION FARMING MARKET: DETAILED LIST OF KEY STARTUPS/SMES              224

TABLE 195            PRECISION FARMING MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    225

TABLE 196            PRECISION FARMING MARKET: PRODUCT LAUNCHES, MARCH 2024–MAY 2025         226

TABLE 197            PRECISION FARMING MARKET: DEALS, MARCH 2024–MAY 2025   227

TABLE 198            DEERE & COMPANY: COMPANY OVERVIEW                 230

TABLE 199            DEERE & COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    231

TABLE 200            DEERE & COMPANY: PRODUCT LAUNCHES                 233

TABLE 201            DEERE & COMPANY: DEALS        234

TABLE 202            DEERE & COMPANY: OTHER DEVELOPMENTS                 235

TABLE 203            AGCO CORPORATION: COMPANY OVERVIEW                 237

TABLE 204            AGCO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    238

TABLE 205            AGCO CORPORATION: PRODUCT LAUNCHES                 240

TABLE 206            AGCO CORPORATION: DEALS   240

TABLE 207            CNH INDUSTRIAL N.V.: COMPANY OVERVIEW                 242

TABLE 208            CNH INDUSTRIAL N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    243

TABLE 209            CNH INDUSTRIAL N.V.: DEALS   245

TABLE 210            AG LEADER TECHNOLOGY: COMPANY OVERVIEW          247

TABLE 211            AG LEADER TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    247

TABLE 212            AG LEADER TECHNOLOGY: PRODUCT LAUNCHES          248

TABLE 213            AGEAGLE AERIAL SYSTEMS INC.: COMPANY OVERVIEW          250

TABLE 214            AGEAGLE AERIAL SYSTEMS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    251

TABLE 215            TOPCON CORPORATION: COMPANY OVERVIEW          253

TABLE 216            TOPCON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    254

TABLE 217            TOPCON CORPORATION: DEALS              256

TABLE 218            BAYER AG (CLIMATE LLC): COMPANY OVERVIEW          257

TABLE 219            BAYER AG (CLIMATE LLC): PRODUCTS/SOLUTIONS/SERVICES OFFERED    258

TABLE 220            BAYER AG (CLIMATE LLC): PRODUCT LAUNCHES          259

TABLE 221            BAYER AG (CLIMATE LLC): DEALS           259

TABLE 222            TEEJET TECHNOLOGIES: COMPANY OVERVIEW                 260

TABLE 223            TEEJET TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 224            HEXAGON AB: COMPANY OVERVIEW     262

TABLE 225            HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    263

TABLE 226            HEXAGON AB: PRODUCT LAUNCHES     265

TABLE 227            KUBOTA CORPORATION: COMPANY OVERVIEW                 266

TABLE 228            KUBOTA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    267

TABLE 229            KUBOTA CORPORATION: DEALS              270

TABLE 230            TRIMBLE INC.: COMPANY OVERVIEW    271

TABLE 231            ABACO S.P.A.: COMPANY OVERVIEW      272

TABLE 232            CROPX INC.: COMPANY OVERVIEW         273

TABLE 233            FARMERS EDGE INC.: COMPANY OVERVIEW                 274

TABLE 234            GROWNETICS: COMPANY OVERVIEW    275

TABLE 235            CROPIN TECHNOLOGY SOLUTIONS PRIVATE LIMITED: COMPANY OVERVIEW               276

TABLE 236            GAMAYA: COMPANY OVERVIEW               277

TABLE 237            DICKEY-JOHN: COMPANY OVERVIEW    278

TABLE 238            TELUS: COMPANY OVERVIEW   279

TABLE 239            HARXON CORPORATION: COMPANY OVERVIEW                 280

TABLE 240            AGRICOLUS: COMPANY OVERVIEW        281

TABLE 241            ESRI: COMPANY OVERVIEW        282

TABLE 242            FARMDOK GMBH: COMPANY OVERVIEW                 283

TABLE 243            YARA: COMPANY OVERVIEW      284

TABLE 244            CLAAS KGAA MBH: COMPANY OVERVIEW                 285

LIST OF FIGURES

FIGURE 1              PRECISION FARMING MARKET SEGMENTATION AND REGIONAL SCOPE 30

FIGURE 2              PRECISION FARMING MARKET: RESEARCH DESIGN                35

FIGURE 3              PRECISION FARMING MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (SUPPLY SIDE)                 40

FIGURE 4              PRECISION FARMING MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2 (SUPPLY SIDE)                 40

FIGURE 5              PRECISION FARMING MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3 (DEMAND SIDE)                 41

FIGURE 6              PRECISION FARMING MARKET: BOTTOM-UP APPROACH         41

FIGURE 7              PRECISION FARMING MARKET: TOP-DOWN APPROACH         42

FIGURE 8              PRECISION FARMING MARKET: DATA TRIANGULATION             43

FIGURE 9              PRECISION FARMING MARKET: RESEARCH ASSUMPTIONS  45

FIGURE 10            PRECISION FARMING MARKET: RESEARCH LIMITATIONS    45

FIGURE 11            PRECISION FARMING MARKET SIZE, 2021–2032 (USD MILLION) 46

FIGURE 12            HARDWARE SEGMENT TO DOMINATE PRECISION FARMING MARKET

BETWEEN 2025 AND 2032               47

FIGURE 13            AUTOMATION & CONTROL SYSTEMS TO ACCOUNT FOR DOMINANT SHARE OF HARDWARE IN PRECISION FARMING MARKET IN 2025   47

FIGURE 14            REMOTE SENSING TECHNOLOGY TO ACCOUNT FOR LARGEST SHARE OF PRECISION FARMING MARKET IN 2032                 48

FIGURE 15            ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN PRECISION FARMING MARKET

FROM 2025 TO 2032          49

FIGURE 16            INCREASING AUTOMATION TREND TO PROVIDE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN PRECISION FARMING MARKET  50

FIGURE 17            DRONES/UAVS TO ACCOUNT FOR LARGEST SHARE OF PRECISION FARMING MARKET DURING FORECAST PERIOD                51

FIGURE 18            YIELD MONITORING TO BE LARGEST APPLICATION IN PRECISION FARMING MARKET FROM 2025 TO 2032        52

FIGURE 19            NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF PRECISION FARMING MARKET FROM 2025 TO 2032                 52

FIGURE 20            PRECISION FARMING MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     53

FIGURE 21            PRECISION FARMING MARKET DRIVERS: IMPACT ANALYSIS           55

FIGURE 22            PRECISION FARMING MARKET RESTRAINTS: IMPACT ANALYSIS           56

FIGURE 23            PRECISION FARMING MARKET OPPORTUNITIES: IMPACT ANALYSIS      58

FIGURE 24            PRECISION FARMING MARKET CHALLENGES: IMPACT ANALYSIS           59

FIGURE 25            REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN PRECISION FARMING MARKET                60

FIGURE 26            AVERAGE SELLING PRICE TREND OF PRECISION FARMING DRONES,

BY REGION, 2021–2024    61

FIGURE 27            AVERAGE SELLING PRICE OF PRECISION FARMING HARDWARE COMPONENTS OFFERED BY KEY PLAYERS IN 2024               62

FIGURE 28            PRECISION FARMING MARKET: VALUE CHAIN ANALYSIS            63

FIGURE 29            KEY PLAYERS IN PRECISION FARMING ECOSYSTEM       65

FIGURE 30            NUMBER OF PATENTS GRANTED IN PRECISION FARMING MARKET, 2015–2024     70

FIGURE 31            IMPORT SCENARIO FOR HS CODE 8433-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                72

FIGURE 32            EXPORT SCENARIO FOR HS CODE 8433-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                73

FIGURE 33            INVESTMENT AND FUNDING SCENARIO, 2021–2025        78

FIGURE 34            PRECISION FARMING MARKET: PORTER’S FIVE FORCES ANALYSIS           82

FIGURE 35            INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR

TOP THREE APPLICATIONS        84

FIGURE 36            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 85

FIGURE 37            IMPACT OF GEN AI/AI ON PRECISION FARMING MARKET               86

FIGURE 38            SOFTWARE SEGMENT TO RECORD HIGHEST CAGR IN PRECISION FARMING MARKET DURING FORECAST PERIOD                92

FIGURE 39            VARIABLE RATE TECHNOLOGY TO EXHIBIT HIGHEST CAGR IN PRECISION FARMING MARKET DURING FORECAST PERIOD         121

FIGURE 40            YIELD MONITORING APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2025 TO 2032                 134

FIGURE 41            PRECISION FARMING MARKET, BY REGION                 155

FIGURE 42            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       155

FIGURE 43            NORTH AMERICA: PRECISION FARMING MARKET SNAPSHOT       157

FIGURE 44            EUROPE: PRECISION FARMING MARKET SNAPSHOT          164

FIGURE 45            ASIA PACIFIC: PRECISION FARMING MARKET SNAPSHOT          179

FIGURE 46            SOUTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN REST OF

THE WORLD DURING FORECAST PERIOD            196

FIGURE 47            PRECISION FARMING MARKET: REVENUE ANALYSIS OF

FOUR KEY PLAYERS, 2022–2024   210

FIGURE 48            MARKET SHARE ANALYSIS OF COMPANIES OFFERING PRECISION

FARMING SOLUTIONS, 2024         211

FIGURE 49            COMPANY VALUATION, 2025      213

FIGURE 50            FINANCIAL METRICS, 2025            214

FIGURE 51            PRODUCT COMPARISON              215

FIGURE 52            PRECISION FARMING MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       217

FIGURE 53            PRECISION FARMING MARKET: COMPANY FOOTPRINT       218

FIGURE 54            PRECISION FARMING MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                223

FIGURE 55            DEERE & COMPANY: COMPANY SNAPSHOT                 230

FIGURE 56            AGCO CORPORATION: COMPANY SNAPSHOT                 238

FIGURE 57            CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT                 243

FIGURE 58            AGEAGLE AERIAL SYSTEMS INC.: COMPANY SNAPSHOT          251

FIGURE 59            TOPCON CORPORATION: COMPANY SNAPSHOT          254

FIGURE 60            BAYER AG (CLIMATE LLC): COMPANY SNAPSHOT          258

FIGURE 61            HEXAGON AB: COMPANY SNAPSHOT     263

FIGURE 62            KUBOTA CORPORATION: COMPANY SNAPSHOT          267