Precision Agriculture Market Growth of 3.52 Billion USD by 2026, Growing Need for Sustainable Agriculture to Boost Market Growth

New YorkAnd the 14 October 2022 /PRNewswire/ – According to the latest market research report titled Precision farming market By technology (routing technology, remote sensing technology, and variable rate technology) and geography (North AmaricaAnd the Europeand APAC and MEA and South america) From Technavio, the market size is expected to grow by 3.52 billion US dollars. The growth can mainly be attributed to the exponential growth in the health and wellness industry.

Frequently asked questions:

  • Based on segmentation by technology, what is the leading market segment?
  • What are the main trends in the market?
  • At what rate is the market expected to grow?
  • Who are the best players in the market?
  • What are the main factors and challenges of the market?
  • How big is the North American market?

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AAA Taranis Visual Ltd. and Abaco Spa, Ag Leader Technology, and AGCO Corp. and AgEagle Aerial Systems Inc. and Deere and Co. and Hexagon AB and Spraying Systems Co. and Topcon Positioning Systems Inc. and Trimble Inc. The main market participants. Request a free sample report. Request a free sample report.

The increasing need for sustainable agriculture, the decreasing availability of arable land, and the increasing adoption of routing technology will provide tremendous growth opportunities. It is likely to pose a challenge to market sellers. In a bid to help players consolidate their foothold in the market, this Precision Agriculture market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry heads with information on the competitive landscape and insights into the company’s various product offerings.

Precision Agriculture Market Segmentation

  • technology
    • steering technology
    • remote sensing technology
    • Variable Rate Technology
  • geography
    • North Amarica
    • Europe
    • your father
    • Middle East Airlines
    • South america

Download now to reveal the successful business strategies published by the Precision Agriculture market companies: Buy a report form now.

Precision Agriculture Market Scope

Technavio provides a detailed picture of the market through the method of study, synthesis and aggregation of data from multiple sources. Precision Agriculture market report covers the following areas:

  • Precision farming market size
  • Precision Agriculture Market Trends
  • Precision Agriculture Market Industry Analysis

This study identifies The growing need for sustainable agriculture As one of the main reasons driving the growth of the precision agriculture market over the next few years. Download a free sample report.

Key Points of Precision Agriculture Market

  • CAGR of the market during the forecast period
  • Detailed information on the factors that will help the growth of the precision agriculture market over the next five years
  • Estimating the size of the precision agriculture market and its contribution to the mother market
  • Forecasting upcoming trends and changes in consumer behavior
  • Precision farming market growth across North AmaricaAnd the Europeand APAC and MEA and South america
  • Analysis of the competitive landscape of the market and detailed information of the vendors
  • Comprehensive details of factors that will challenge the growth of precision farming market vendors

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Precision Agriculture Market Scope

Report coverage


page number


base year


prediction period


Growth Momentum and CAGR

Accelerate at a compound annual growth rate of 8.41%

Market growth 2022-2026

3.52 billion dollars

Market Structure, Market Structure


Annual Growth (%)


Regional Analysis

North America, Europe, Asia Pacific, Middle East, Africa and South America

Market share performance

North America with 29%

Main consuming countries

The United States, the Netherlands, China, Canada and Germany

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

AAA Taranis Visual Ltd. and Abaco Spa, Ag Leader Technology, and AGCO Corp. and AgEagle Aerial Systems Inc. and Deere and Co. and Hexagon AB and Spraying Systems Co. and Topcon Positioning Systems Inc. and Trimble Inc.

market dynamics

Key market analysis, market growth drivers and obstacles, analysis of fast-growing and slow-growing segments, COVID-19 impact and future consumer dynamics, market status analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

table of contents

Executive Summary

market view

  • Market Ecosystem
  • value chain analysis

market scaling

  • Market definition
  • Market Segment Analysis
  • Market size 2021
  • Market Outlook: Forecast 2021-2026

Five forces analysis

  • Bargaining power of buyers
  • Supplier bargaining power
  • Threat of newcomers
  • The threat of alternatives
  • The threat of competition
  • market condition

Market segmentation through technology

  • Market segments
  • Compared to technology
  • Routing Technology – Market Size and Forecast 2021-2026
  • Remote Sensing Technology – Market Size and Forecast 2021-2026
  • Variable Rate Technology – Market Size and Forecast 2021-2026
  • Market opportunity through technology

customer scene

geographic landscape

  • geographical segmentation
  • geographical comparison
  • North Amarica Market Size and Forecast 2021-2026
  • Europe Market Size and Forecast 2021-2026
  • Asia Pacific Region – Market Size and Forecast from 2021 to 2026
  • MEA – Market Size and Forecast 2021-2026
  • South america Market Size and Forecast 2021-2026
  • Leading countries
  • Market opportunity by geography
  • Market Drivers
  • Market Challenges
  • Market trends

landscape seller

  • landscape seller
  • landscape disturbance

Vendor Analysis

  • covered sellers
  • Position of sellers in the market
  • AAA Taranis Visual Ltd.
  • Abaco Spa
  • Ag Leader Technology
  • AGCO Corporation.
  • AgEagle Aerial Systems Inc.
  • Deere and Co.
  • Hexagon AB
  • sprinkler system company
  • Topcon Positioning Systems Inc.
  • Trimble Company


  • Report scope
  • Currency exchange rates for US dollars
  • Research Methodology
  • List of Abbreviations

information about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their customer base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .


Technavio Research
Jesse Maeda
Marketing and Media Executive
United States: +1844364 1100
United Kingdom: +44 203893 3200
E-mail: [email protected]

The source is Technavio

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