Anticipated Growth in Revenue:

Precision Farming Market is worth USD 8.5 Billion in 2022 and is estimated to grow at a CAGR of 12.5% in the forecasted period. The forecasted revenue hints at a growth of around 19.39 billion USD by 2029.Precision Farming Market Report Overview

Maximize Market Research is a Business Consultancy Firm known for its innovative approach in market research has published an in depth analysis of the “Precision Farming Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Precision Farming market by methodical analysis, and projections are made up to 2030.

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Precision Farming Market Report Scope and Research Methodology

The research does a thorough analysis of the Precision Farming Market by examining several market categories established for a variety of reasons. It examines the market's major forces, limits, growth opportunities, and problems. The research includes a comprehensive overview of the competitive landscape, as well as extensive insights to assist organizations in identifying important changes in market standards. It also assesses the current health of the Precision Farming industry using financial data, market economics, investment opportunities, and expected future growth. The study includes a comprehensive analysis of each local market's size and growth rates, as well as a detailed overview of the Precision Farming industry. It also includes thorough information on key industry players, outlining their strategy for retaining and expanding market share.

Precision Farming Market Regional Insights

The Precision Farming market is divided into important regions, such as North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions include individual countries such as the United States, Canada, Mexico, the United Kingdom, Germany, France, Spain, and Italy, as well as the rest of Europe, China, India, Japan, Australia, and South Korea.

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Precision Farming Market Segmentation

by Application

Yield Monitoring
Crop Scouting
Variable Rate Application
Field Mapping
Weather Tracking

by Component

Hardware
Software
Services

by Technology

Global Positioning System
Geographic Information System
Remote Sensing
Variable Rate Technology
Telematics

by Deployment

On-premises
Cloud-based

Precision Farming Market Key Players

1. Deere & Company - United States
2. Trimble - United States
3. AGCO Corporation - United States
4. Raven Industries - United States
5. Topcon Positioning Systems - United States
6. AgJunction - United States
7. Ag Leader Technology - United States
8. CNH Industrial - United States
9. SST Software - United States
10. Teejet Technologies - United States
11. Valmont Industries - United States
12. Precision Planting - United States
13. The Climate Corporation - United States
14. Lindsay Corporation - United States
17. Sentera LLC - United States
18. SST Development Group, Inc. - United States
19. Farmers Edge - Canada
20. Mavrx Inc. - United States
21. Agri Con GmbH – Germany
22. Hexagon Agriculture – Sweden
23. AgroSense - Hungary
24. Yara International – Norway
25. Kubota Corporation - Japan

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Key Questions answered in the Precision Farming Market Report are:

• What was the Precision Farming market size in 2024?
• What is the expected Precision Farming market size by 2030?
• What are the Precision Farming market segments?
• Which Precision Farming market segment is expected to grow rapidly during the forecast period?
• Which are the prominent players in the Precision Farming Industry?
• What key trends are expected to emerge in the Precision Farming market during the forecast period?
• Which region dominated the global Precision Farming market?

Key Offerings:

• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segments with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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