EUROPE PRECISION FARMING MARKET FORECAST 2018-2026

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EUROPE PRECISION FARMING MARKET FORECAST 2018-2026

 The Europe precision farming market is experiencing trends like the increased adoption of auto steering and variable rate control and growing mergers and acquisitions by noted market players. As a result, the Europe precision farming market is expected to rise with a CAGR of 12.02% over the forecast period of 2018-2026. The UK precision farming market is expected to prosper considerably over the projected years.

EUROPE PRECISION FARMING MARKET FORECAST 2018-2026

Europe Precision Farming Market Is Segmented by Technology(Guidance System Technologies, Remote Sensing and Control Systems, Variable Rate Technology) by Type(Hardware, Software) by Applications(Soil Monitoring, Yield Monitoring, Software Applications, Variable Rate Applications, Field Mapping) & by Geography

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The Europe precision farming market is experiencing trends like the increased adoption of auto steering and variable rate control and growing mergers and acquisitions by noted market players. As a result, the Europe precision farming market is expected to rise with a CAGR of 12.02% over the forecast period of 2018-2026.

 Europe precision farming market

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The UK precision farming market is expected to prosper considerably over the projected years. The market benefits from strong government support and incentives, the presence of large players, high public-private partnerships, and the presence of many renowned research institutions. Other significant markets in this region are Germany, France, Italy, and Spain. At present, Germany holds a considerable share of the precision farming market, due to the presence of advanced technologies in the region. The overall Europe precision farming market is segmented on the basis of the type of applications, technology and precision farming type. The guidance system is presently leading the technology segment of the market.

Key market players in precision farming market include Mts Systems Corp, Agribotix, Topcon Corp, Raven Industries Inc, Trimble Navigation Limited, Dupont, Agco Corp, Cropx Ltd, Nozzleworks Inc, and Basf Se.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • INCREASED ADOPTION OF AUTO STEERING AND VARIABLE RATE CONTROLS
      • INCREASED MERGERS AND ACQUISITIONS
  1. MARKET DYNAMICS
    • MARKET DEFINITION
    • DRIVERS
      • FOCUS ON SUSTAINABLE AGRICULTURE
      • GROWING AWARENESS AND ACCEPTANCE
      • NEED TO MAXIMIZE FOOD PRODUCTION
      • OPTIMIZATION OF INPUTS
      • CONTROL OVER FARM DATA
    • RESTRAINTS
      • HIGH INITIAL INVESTMENT
      • IMPLEMENTATION ISSUES
    • OPPORTUNITIES
      • GROWING PROMINENCE OF TELEMATICS TECHNOLOGIES
      • WIDE PORTFOLIO OF OFFERINGS
    • CHALLENGES
      • LACK OF STANDARDIZATION
      • IMPACT OF FARM INCOME
  1. MARKET BY TECHNOLOGY
    • GUIDANCE SYSTEM TECHNOLOGIES
    • REMOTE SENSING AND CONTROL SYSTEMS
    • VARIABLE RATE TECHNOLOGY
  2. MARKET BY TYPE
    • HARDWARE
      • AUTOMATION AND CONTROL SYSTEMS
      • SENSING AND MONITORING DEVICES
    • SOFTWARE
      • FARM MANAGEMENT SOFTWARE
  1. MARKET BY APPLICATIONS
    • SOIL MONITORING
    • YIELD MONITORING
    • SOFTWARE APPLICATIONS
    • VARIABLE RATE APPLICATIONS
    • FIELD MAPPING
    • OTHERS
  2. KEY ANALYTICS
    • PORTER’S 5 FORCE ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE PRODUCTS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • INITIAL COST (IMPLEMENTATION COST)
      • PAYBACK PERIOD
      • EASE OF UNDERSTANDING
      • FEATURE AVAILABILITY
      • PORTFOLIO OF OFFERINGS
      • TECHNOLOGICAL ADVANCEMENT
      • INTEGRATION ABILITY
    • KEY TRENDS
      • INCREASING USE OF UAVS
      • STRONG EXPECTED GROWTH OF WEATHER TRACKING AND FORECASTING
    • VENDOR LANDSCAPE
    • OPPORTUNITY MATRIX
  3. GEOGRAPHICAL ANALYSIS
    • GERMANY
    • FRANCE
    • ITALY
    • UK
    • SPAIN
    • REST OF EUROPE
  4. COMPANY PROFILES
    • AG LEADER TECHNOLOGY INC
    • AGCO CORP
    • AGDATA
    • AGJUNCTION INC
    • AG-NAV INC
    • AGRIBOTIX
    • AGRIUM INC
    • BASF SE
    • CROPX LTD
    • DEERE & CO
    • DUPONT
    • FARMERS EDGE PRECISION CONSULTING INC
    • MONSANTO COMPANY
    • MTS SYSTEMS CORP
    • NOZZLEWORKS INC
    • RAVEN INDUSTRIES INC
    • SST DEVELOPMENT GROUP INC
    • TEEJET TECHNOLOGIES
    • TOPCON CORP
    • TRIMBLE NAVIGATION LIMITED

 

LIST OF TABLES

TABLE 1 EUROPE PRECISION FARMING MARKET BY COUNTRY 2018-2026 ($ MILLION)

TABLE 2 MERGERS AND ACQUISITIONS IN PRECISION FARMING MARKET IN US 2012-2015

TABLE 3 EUROPE PRECISION FARMING MARKET BY TECHNOLOGY 2018-2026 ($ MILLION)

TABLE 4 EUROPE PRECISION FARMING MARKET BY TYPE 2018-2026 ($ MILLION)

TABLE 5 EUROPE HARDWARE MARKET BY TYPE 2018-2026 ($ MILLION)

TABLE 6 EUROPE SOFTWARE MARKET BY TYPES 2018-2026 ($ MILLION)

TABLE 7 EUROPE PRECISION FARMING MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 8 KEY BUYING CRITERIA FOR PRECISION FARMING TECHNOLOGIES AND THEIR IMPACT

TABLE 9 CHANGED IMPORTANCE OF KEY BUYING CRITERIA OVER TIME IN ALL REGIONS

TABLE 10 EUROPE PRECISION FARMING MARKET BY COUNTRY 2018-2026 ($ MILLION)

LIST OF FIGURES 

FIGURE 1 EUROPE PRECISION FARMING MARKET BY TECHNOLOGY 2018-2026 ($ MILLION)

FIGURE 2 ARABLE LAND IN NORTH AMERICA 1961-2012 (HA PER PERSON)

FIGURE 3 WORLD POPULATION (BILLIONS OF LIVES) VERSUS ARABLE LAND (HECTARE PER PERSON) 1950-2025

FIGURE 4 EUROPE GUIDANCE SYSTEM MARKET 2018-2026 ($ MILLION)

FIGURE 5 EUROPE REMOTE SENSING AND CONTROL SYSTEMS MARKET 2018-2026 ($ MILLION)

FIGURE 6 EUROPE VARIABLE RATE MARKET 2018-2026 ($ MILLION)

FIGURE 7 EUROPE HARDWARE MARKET 2018-2026 ($ MILLION)

FIGURE 8 EUROPE AUTOMATION AND CONTROL SYSTEMS MARKET 2018-2026 ($ MILLION)

FIGURE 9 EUROPE SENSING AND MONITORING DEVICES MARKET 2018-2026 ($ MILLION)

FIGURE 10 EUROPE SOFTWARE MARKET 2018-2026 ($ MILLION)

FIGURE 11 EUROPE FARM MANAGEMENT SOFTWARE MARKET 2018-2026 ($ MILLION)

FIGURE 12 EUROPE SOIL MONITORING MARKET 2018-2026 ($ MILLION)

FIGURE 13 EUROPE YIELD MONITORING MARKET 2018-2026 ($ MILLION)

FIGURE 14 EUROPE SOFTWARE APPLICATIONS MARKET 2018-2026 ($ MILLION)

FIGURE 15 EUROPE VARIABLE RATE APPLICATIONS MARKET 2018-2026 ($ MILLION)

FIGURE 16 EUROPE FIELD MAPPING MARKET 2018-2026 ($ MILLION)

FIGURE 17 EUROPE OTHERS MARKET 2018-2026 ($ MILLION)

FIGURE 18 GERMANY PRECISION FARMING MARKET 2018-2026 ($ MILLION)

FIGURE 19 FRANCE PRECISION FARMING MARKET 2018-2026 ($ MILLION)

FIGURE 20 ITALY PRECISION FARMING MARKET 2018-2026 ($ MILLION)

FIGURE 21 UK PRECISION FARMING MARKET 2018-2026 ($ MILLION)

FIGURE 22 SPAIN PRECISION FARMING MARKET 2018-2026 ($ MILLION)

FIGURE 23 REST OF EUROPE PRECISION FARMING MARKET 2018-2026 ($ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • GERMANY
    • FRANCE
    • ITALY
    • UK
    • SPAIN
    • REST OF EUROPE
  2. MARKET BY TECHNOLOGY
    • GUIDANCE SYSTEM TECHNOLOGIES
    • REMOTE SENSING AND CONTROL SYSTEMS
    • VARIABLE RATE TECHNOLOGY
  3. MARKET BY TYPE
    • HARDWARE
      • AUTOMATION AND CONTROL SYSTEMS
      • SENSING AND MONITORING DEVICES
    • SOFTWARE
      • FARM MANAGEMENT SOFTWARE
  1. MARKET BY APPLICATIONS
    • SOIL MONITORING
    • YIELD MONITORING
    • SOFTWARE APPLICATIONS
    • VARIABLE RATE APPLICATIONS
    • FIELD MAPPING
    • OTHERS

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