SEARCH   
MEMBER LOGIN    

Precision Agriculture Systems & Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Precision Agriculture Systems & Services Market Research Report | Technology | Scientific Systems & Devices | Feb 2015

Decent yields: Farmers will use industry products to boost efficiency, but slow adoption rates may harm growth

IBISWorld’s Precision Agriculture Systems & Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Deere & Company Deere & Company  market share
Raven Raven market share
Trimble Navigation Trimble Navigation market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
4.5%
Annual Growth 15-20
Purchase to read more
Profit
Purchase to read more
Employment
5,018
Businesses
1,476
Industry Analysis & Industry Trends

Revenue for the Precision Agriculture Systems and Services industry (precision ag) is expected to grow. Due to increasing demand from crop farmers who have pushed to maximize crop output to meet growing global demand, industry growth has been strong over the five-year period. During the five years to 2020, steady growth is set to continue for the industry. Revenue is expected to grow in the five years 2020. The 2014 Farm Bill expanded support for small and beginning farmers with training and access to investment capital, which is expected to increase the available funds farmers have for precision agriculture equipment.... purchase to read more

Industry Report - Industry Products Chapter

In general, the Precision Agriculture Systems and Services industry produces a wide range of products that assist in a specific precision agriculture technique. Many of these products are combined to ease the farming process, with the aim to increase and maintain the yield per area of a field.

Geographical information systems

Geographical information systems (GIS) are the basis for precision agricultural practices. GIS units integrate software that captures, stores, analyzes and manages data referenced to specific points on the Earth's surface. From there, GIS units can import data from a variety of sources, including yield maps and soil samples... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Precision Agriculture Systems & Services Industry?

Precision agriculture systems and services include software development, testing applications and consulting activities that gather, track and analyze agricultural data, usually in conjunction with other systems such as harvesting or field-input machinery. Software and related systems may be packaged as individual units for sale to downstream markets or integrated into third-party products such as farm machinery.

Industry Products
Yield monitorsVariable-rate application control systemsGuidance systemsTechnician support servicesData management servicesGeographical information systems
 
Industry Activities
Geographical information systems developmentYield monitor developmentVariable-rate application controller developmentAir and ground steering systems developmentTechnical support services


View Sample
Quote
Select Clients