Global Precision Agriculture and Tools Market

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IndustryARC

Global Precision Agriculture and Tools Market (2014-2020)

By Type (Precision Agriculture, Precision Livestock, Precision Viticulture and Others); By Technology (Variable Rate Technology, Guidance Systems and Others);

By Application (Harvesting, Field Applications, Yield Monitoring and Others) and By Geography

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TABLE OF CONTENTS 1. Global Precision Farming and Tools Market- Market Overview 2. Executive Summary 3. Global Precision Farming and Tools Market- Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1.

Product Benchmarking

3.2.2.

End user profiling

3.2.3.

Patent Analysis

3.2.4.

Top 5 Financials Analysis

3.2.5.

Global Precision Farming and Tools Market– Market Forces

3.3. Market Drivers 3.4. Market Constraints 3.5. Market Challenges 3.6. Attractiveness of the Global Precision Farming and Tools Market 3.6.1.

Power of Suppliers

3.6.2.

Power of Customers

3.6.3.

Threat of New entrants

3.6.4.

Threat of Substitution

3.6.5.

Degree of Competition

4. Global Precision Farming and Tools Market– Strategic Analysis 4.1. Value Chain Analysis 4.2. Pricing Analysis 4.3. Opportunities Analysis 4.4. Product/Market Life Cycle Analysis

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4.5. Suppliers and Distributors 5. Global Precision Farming and Tools Market – By Types 5.1. Precision Agriculture 5.2. Precision Livestock Farming 5.3. Precision Viticulture 5.4. Others 6. Global Precision Farming and Tools Market – By Types of Technology 6.1. Variable Rate Technology (VRT) 6.1.1.

Variable Rate Fertilizer

6.1.2.

Variable Rate Pesticide

6.1.3.

Variable Rate Seeding

6.2. Guidance Systems 6.2.1.

Global Positioning System (GPS)

6.2.2.

GNSS Application in Precision Farming

6.2.3.

Geographic Information System (GIS)

6.3. Remote and Proximal Canopy Sensing 6.4. High Resolution Soil Survey 6.5. Others (Fruit quality sensing) 6.6. Remote Sensing 6.6.1.

Satellite

6.6.2.

Hand held

7. Global Precision Farming and Tools Market – By Major Components 7.1. Software Components 7.1.1.

Farm Management Systems

7.1.2.

Yield Monitoring Systems

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7.1.3.

Others

7.2. Hardware Components 7.2.1.

Monitoring and Sensing Devices

7.2.1.1 Yield Monitors 7.2.1.2 Soil Temperature Sensors 7.2.1.3 Soil Nutrient Sensors 7.2.1.4 Soil Moisture Sensors 7.2.2. Automation & Control Systems 7.2.1.5 Displays 7.2.1.6 Guidance & Steering 7.2.1.7 GPS/GNSS Systems 7.2.1.8 Mobile Devices 7.2.1.9 Flow and Application Control Devices 7.2.1.10 Others 7.2.3. Water Sensors 7.2.4.

Climate Sensors

7.2.5.

Others

8. Global Precision Farming and Tools Market – By Applications 8.1. Yield Monitoring 8.1.1.

On – Farm Monitoring

8.1.2.

Off – Farm Monitoring

8.2. Selective Harvesting 8.3. Variable Rate Application 8.3.1.

Map – Based VRA

8.3.2.

Sensor – Based VRA

8.3.3.

Field Applications

8.3.4.

Fertilizer VRA

8.3.5.

Nutrient VRA

8.3.6.

Pesticide VRA

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8.3.7.

Seeding VRA

8.3.8.

Others

8.4. Mapping 8.4.1.

Boundary Mapping

8.4.2.

Drainage Mapping

8.5. Crop Scouting 8.6. Others 9. Global Precision Farming and Tools Market – By Geography 9.1. Americas 9.1.1.

North America

7.2.1.11 US 7.2.1.12 Canada 7.2.1.13 Mexico 9.1.2. South America 7.2.1.14 7.2.1.15

Brazil Others

9.2. Europe 9.2.1.

UK

9.2.2.

Germany

9.2.3.

Italy

9.2.4.

France

9.2.5.

Others

9.3. Asia-Pacific 9.3.1.

China

9.3.2.

India

9.3.3.

Japan

9.3.4.

Russia

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9.3.5.

Others

9.4. ROW 10. Global Precision Farming and Tools Market- Market Entropy 10.1.

New Product Launches

10.2.

M&As, Collaborations, JVs and Partnership

11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 11.1.

Agco Corporation

11.2.

Agjunction

11.3.

Ag Leader Technology

11.4.

Deere & Company

11.5.

Dickey – John Corporation

11.6.

Teejet Technologies

11.7.

Precision Planting Inc.

11.8.

Raven Industries Inc.

11.9.

Trimble Navigation Limited

11.10. Topcon Precision Agriculture 11.11. Arts-Way Manufacturing Co. Inc. 11.12. Lindsay – Corporation.

11.13. First Tractor Co Ltd. 11.14. Clean Seed Cap Group.

11.15. Kuboto Corp.

11.16. Buhler Industries Inc. 11.17. CNH Global NV 11.18. AG Growth Inc FD 11.19. ISEKI & Co Ltd.

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11.20. Toro Co. 12. Appendix 12.1.

Abbreviations

12.2.

Sources

12.3.

Research Methodology

12.4.

Bibliography

12.5.

Compilation of Expert Insights

12.6.

Disclaimer

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REPORT SCOPE The Global Precision Farming and Tools Market have been segmented into different categories, based on Types of Technology, Major Components, Type of Application and Geography. Each of these segments is further broken down into sub-segments giving an in-depth analysis of the market.

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided. The prominent players profiled in this report are Agco Corporation, Agjunction, Raven Industries, Deere & Company, Topcon positioning systems and Trimble navigation. The report contains the most detailed and in-depth segmentation of the Global Precision Farming and Tools Market.

STAKEHOLDERS

Following are the key stakeholders in the market.  Product OEMs  Contract manufacturers  Service providers  Component suppliers  Farming Industries and Farmers  Meat Product Industries  Poultry Product Industries  Pesticides Suppliers

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EXECUTIVE SUMMARY Precision farming is a technology-based field management system. It is aimed to optimize the overall farming practices and input of resources. The rising population creates a huge demand for food. Influence of global warming on agricultural practices and sustainability of natural resources is high. Productivity of agriculture is always related to the climate changes. This increases the burden on food productivity and natural resources such as soil. These factors undermine the importance of optimizing farming practices, ensuring productivity and efficient use of resources.

Precision farming uses technological advancements in various fields such as data management, geo-location tracking and so on, to enhance productivity. Precision farming has a remarkable impact on traditional approaches to farming. These practices guide farmers in several crucial activities such choosing right time to plant, right amount of fertilizer or pesticide to maximize yield. It helps Livestock producers to have timely production related information such as feeding/nutritional issues and feeding related costs. These are huge parts of the variable costs in a livestock farm. Electronically controlled livestock production systems help in gathering data in a timely manner. They help to access the efficiency of resources and thus, optimize their input.

SAMPLE TABLE: GLOBAL PRECISION FARMING AND TOOLS MARKET REVENUE, BY REGION, 2014-2020 ($M) Region

2014

2015

2016

2017

2019

2020

CAGR (2015 2020)

North America South America APAC

xx

xx

xx

xx

xx

xx

xx%

xx

xx

xx

xx

xx

xx

xx%

xx

xx

xx

xx

xx

xx

xx%

Europe xx xx ROW xx xx Total xx xx Source: Industry ARC, analysis.

xx xx xx

xx xx xx

xx xx xx

xx xx xx

xx% xx% xx%

North America holds the majority of market share in the Global Precision Farming and Tools market. The rapid adoption of precision farming technology in this region has resulted in this.

Precision Farming market has been observed to be in matured state in this region. South America and Asia-Pacific are the fastest growing regions in this market; particularly, the regions of Eastern Europe, China and Brazil are the fastest growing markets. Large consolidated farming operations and upgrades in technology are the major factors for the rapid growth of Precision Farming market in this region. Support from the government, high

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adoption rates and multi-faceted applications are some of the factors that are driving the demand for Global Precision Farming and Tools Market over the world.

Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Global Precision Farming and Tools Market and future opportunities are provided in the report. This report on the Global Precision Farming and Tools Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the Market.

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KEY INSIGHTS Global Precision Farming and Tools Market is growing worldwide because of several factors.  The Global Precision Farming and Tools market is estimated to be growing at a CAGR of 13.2% during 2014-2020  Asia-Pacific is the fastest growing region with an estimated CAGR of 22% during 20142020  Topcon Positioning Group has acquired Wachendorff Elektronik GmbH and Wachendorff Electronics Inc., the manufacturers of agricultural equipment in 2014  Topcon launched new HiPer® V base station, which is designed to offer a compact, cable-free solution for GNSS (GPS + GLONASS) corrections  Raven Acquired SBG Precision Ag, the manufacturer and service provider of precision farming tools in 2014

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RESEARCH METHODOLOGY The quantitative and qualitative data collected for the Global Precision Farming and Tools market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or managers of leading Global Precision Farming and Tools solution providers. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends.

Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by products, services and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights.

We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the Global Precision Farming and Tools market.

The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, marketing personnel were used extensively in understanding the need and emergence of Global Precision Farming and Tools market.

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THE ARC ADVANTAGE An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.

THE ARC PROCESS Analytical Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model ANALYTICAL MODEL

Base Method

1. Get a topdown estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years

4. Build the Base model BASE MODEL

Consolidation Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market.

3. Assign weights to these factors in terms of their relevance and impact on the market.

4. Build the Consolidated Model

Delphi Verification 1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model

CONSOLIDATED MODEL

ARC MODEL

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