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Global Precision Planting Market Size study, by Offering (Hardware, Software, Services), System Type (High-Speed Precision Planting Systems, Precision Air Seeders, Drones), Drive Type (Electric, Hydraulic), Application(Row Crops, Cereals, Oilseeds & Pulses, Forestry) and Regional Forecasts 2020-2027


ID : 57955 Date : Sep 2020 Pages : 200 Pages Publisher : BRCLLP Industry : Agriculture




Global Precision Planting Market is valued approximately at USD 3.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2020-2027. Precision farming is an managerial concept based on observing, responding, and measuring unevenness in inter and intra-field crops. The approach uses information technology IT to optimize crop health and productivity. The key focus of Precision Planting is to ensure sustainability, profitability and environment protection. To provide optimization in plant growth precision planting uses real time data about the conditions of the air, crops and soil. The benefits associated with use of Precision planting drives the market growth. Further, swelling food demand owing to exponentially growing population has triggered the need for higher crop yields demanding optimization in agriculture. For Instance: in the all India food grain production rose from 251.54 million tons in 2015-16 to 275.11 million tons in 2016-17, while the cultivated area also increased from123.22 million hectares in 2015-16 to 129.23 million hectares in 2016-17. Thus, driving the market growth. Also, modernization in the agriculture sector along with adoption of various automation techniques fuel the market growth. Moreover, increasing product launches catering to diversified needs of the agricultural sector increases the product portfolio driving the market growth. For Instance: in January 2019, Precision Planting LLC, launched two new products. First, SmartDepth, an automated solution for managing depth of the planter. SmartDepth changes the depth of the seed plantation according to the moisture content of the furrow. Secondly, the company launched FurrowForce closing systems which automates furrow closing row by row and provides visibility to closing performance on a 20*20 display. However, high implementation and operational costs impedes the growth of the market over the forecast period of 2020-2027. Although, tremendous research in order to develop new techniques for planting and monitoring growth presents a lucrative opportunity for the market.

The regional analysis of global Precision Planting market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing modernization in the agricultural sector and presence of major market players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising population would create lucrative growth prospects for the Precision Planting market across Asia-Pacific region.

Major market player included in this report are:
Deere & Company
Trimble, Inc.
AGCO Corporation
CNH Industrial
Topcon Positioning
Kinze Manufacturing
Buhler Industries, Inc.
Bourgault Industries Ltd.
Kubota Corporation
Dendra Systems

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Software
Services
By System Type:
High-Speed Precision Planting Systems
Precision Air Seeders
Drones
By Drive Type:
Electric
Hydraulic
By Application:
Row Crops
Cereals
Oilseeds & Pulses
Forestry

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Precision Planting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Billion
1.2.1. Precision Planting Market, by Region, 2018-2027 USD Billion
1.2.2. Precision Planting Market, by Offering, 2018-2027 USD Billion
1.2.3. Precision Planting Market, by System Type, 2018-2027 USD Billion
1.2.4. Precision Planting Market, by Drive Type, 2018-2027 USD Billion
1.2.5. Precision Planting Market, by Application, 2018-2027 USD Billion
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Precision Planting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Precision Planting Market Dynamics
3.1. Precision Planting Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Precision Planting Market : Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Precision Planting Market, by Offering
5.1. Market Snapshot
5.2. Global Precision Planting Market by Offering, Performance - Potential Analysis
5.3. Global Precision Planting Market Estimates & Forecasts by Offering 2017-2027 USD Billion
5.4. Precision Planting Market, Sub Segment Analysis
5.4.1. Hardware
5.4.2. Software
5.4.3. Services
Chapter 6. Global Precision Planting Market, by System Type
6.1. Market Snapshot
6.2. Global Precision Planting Market by System Type, Performance - Potential Analysis
6.3. Global Precision Planting Market Estimates & Forecasts by System Type 2017-2027 USD Billion
6.4. Precision Planting Market, Sub Segment Analysis
6.4.1. High-Speed Precision Planting Systems
6.4.2. Precision Air Seeders
6.4.3. Drones
Chapter 7. Global Precision Planting Market, by Drive Type
7.1. Market Snapshot
7.2. Global Precision Planting Market by Drive Type, Performance - Potential Analysis
7.3. Global Precision Planting Market Estimates & Forecasts by Drive Type 2017-2027 USD Billion
7.4. Precision Planting Market, Sub Segment Analysis
7.4.1. Electric
7.4.2. Hydraulic
Chapter 8. Global Precision Planting Market, by Application
8.1. Market Snapshot
8.2. Global Precision Planting Market by Application, Performance - Potential Analysis
8.3. Global Precision Planting Market Estimates & Forecasts by Application 2017-2027 USD Billion
8.4. Precision Planting Market, Sub Segment Analysis
8.4.1. Row Crops
8.4.2. Cereals
8.4.3. Oilseeds & Pulses
8.4.4. Forestry
Chapter 9. Global Precision Planting Market, Regional Analysis
9.1. Precision Planting Market, Regional Market Snapshot
9.2. North America Precision Planting Market
9.2.1. U.S. Precision Planting Market
9.2.1.1. Offering breakdown estimates & forecasts, 2017-2027
9.2.1.2. System Type breakdown estimates & forecasts, 2017-2027
9.2.1.3. Drive Type breakdown estimates & forecasts, 2017-2027
9.2.1.4. Application breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Precision Planting Market
9.3. Europe Precision Planting Market Snapshot
9.3.1. U.K. Precision Planting Market
9.3.2. Germany Precision Planting Market
9.3.3. France Precision Planting Market
9.3.4. Spain Precision Planting Market
9.3.5. Italy Precision Planting Market
9.3.6. Rest of Europe Precision Planting Market
9.4. Asia-Pacific Precision Planting Market Snapshot
9.4.1. China Precision Planting Market
9.4.2. India Precision Planting Market
9.4.3. Japan Precision Planting Market
9.4.4. Australia Precision Planting Market
9.4.5. South Korea Precision Planting Market
9.4.6. Rest of Asia Pacific Precision Planting Market
9.5. Latin America Precision Planting Market Snapshot
9.5.1. Brazil Precision Planting Market
9.5.2. Mexico Precision Planting Market
9.6. Rest of The World Precision Planting Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Deere & Company
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial Subject to Data Availability
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Trimble, Inc.
10.2.3. AGCO Corporation
10.2.4. CNH Industrial
10.2.5. Topcon Positioning
10.2.6. Kinze Manufacturing
10.2.7. Buhler Industries, Inc.
10.2.8. Bourgault Industries Ltd.
10.2.9. Kubota Corporation
10.2.10. Dendra Systems
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
FIG 1. Global Precision Planting market, research methodology
FIG 2. Global Precision Planting market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Precision Planting market, key trends 2019
FIG 5. Global Precision Planting market, growth prospects 2020-2027
FIG 6. Global Precision Planting market, porters 5 force model
FIG 7. Global Precision Planting market, pest analysis
FIG 8. Global Precision Planting market, value chain analysis
FIG 9. Global Precision Planting market by segment, 2017 & 2027 USD Billion
FIG 10. Global Precision Planting market by segment, 2017 & 2027 USD Billion
FIG 11. Global Precision Planting market by segment, 2017 & 2027 USD Billion
FIG 12. Global Precision Planting market by segment, 2017 & 2027 USD Billion
FIG 13. Global Precision Planting market by segment, 2017 & 2027 USD Billion
FIG 14. Global Precision Planting market, regional snapshot 2017 & 2027
FIG 15. North America Precision Planting market 2017 & 2027 USD Billion
FIG 16. Europe Precision Planting market 2017 & 2027 USD Billion
FIG 17. Asia pacific Precision Planting market 2017 & 2027 USD Billion
FIG 18. Latin America Precision Planting market 2017 & 2027 USD Billion
FIG 19. Global Precision Planting market, company market share analysis 2019


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