The Ultimate Secret of Top Companies in Precision Farming Software Market in One Click
Precision Farming Market to Reach 15,444.94 USD Million by 2028.
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Market Overview:
The global Precision Farming market is valued at 7,783.10 USD Million in 2021 and is projected to reach a value of 15,444.94 USD Million by 2028 at a CAGR of 12.10% over the forecast period. The precision agriculture tools are mainly designed to maximize yield and revenue related to crops. The precision farming software assists with information such as ideal planting schedules, maintenance instructions, and environmental factors that could impact a given crop. Precision agriculture software often offers predictive analytics features such as expected waste, yield size, and profitability in relation to market values, which helps farmers and growers to make an optimal decision throughout each growth cycle.
The various research organizations and associations play a vital role in the development of precision farming software market. The growing population with the increasing demand for food and high penetration of cloud computing technology in farm data management are the factors that will boost the growth of this market. Further, the other factors, such as integration of mobile technology with farming techniques, increasing use of agriculture software for maintaining farm efficiency, and government support to adopt modern agriculture techniques are expected to fuel the growth of the precision farming software market. However, the high initial capital investment hinders the growth of this market to some extent. The high-speed internet connectivity and integration of smartphones with agriculture hardware and software applications are the factors that will offer growth opportunities in the precision farming software market.
Following are the top 10 leading companies in the Precision Farming Software Market
|
Company Name |
Revenue in USD |
|
$3 Billion |
|
$6 Million |
|
$44 Billion |
|
$5 Million |
|
$107 Million |
|
$348 Million |
|
$28 Million |
|
$63 Million |
|
$12 Million |
|
$32 Billion |
Trimble Inc. is Sunnyvale, California-based software, hardware, and services Technology Company. Trimble supports global industries in building & construction, agriculture, geospatial, natural resources and utilities, governments, transportation, and others. The company is listed as TRMB (NASDAQ) in the stock exchange market. In 2020, the company had 11,500 employees working across the globe and generated around USD 330 Million of revenue. The company has numerous subsidiaries such as Sitech, Last Software, Inc., and various others.
I.AGRI LIMITED is located in Leeston, New Zealand, and is part of the Support Activities for Crop Production Industry. I.AGRI LIMITED has 4 employees at this location and generates USD 616,000 in sales.
Deere & Co (John Deere) is a provider of advanced products and services. It manufactures and distributes agricultural, construction, and forestry equipment and related service parts. The company’s portfolio of products includes agriculture and turf equipment and related service parts, other outdoor power products; and machines and service parts used in construction, earthmoving, material handling, and timber harvesting. It also finances sales and leases of new and used equipment, provides wholesale financing and extended equipment warranties. The company through a network of dealers and distributors markets its products in North America, Africa, Asia-Pacific, the Middle East, and Europe. John Deere is headquartered in Moline, Illinois, the US.
AGRIVI is one of the leading global AgTech companies with a vision to change the way food is produced, positively impact over a billion people. The AGRIVI approach to solving the global food problem is through digitization of agriculture, that is, by switching the farmer’s decision-making reliant on traditional practices and historical knowledge to the new data-driven and fact-based decision-making empowered by best-growing practices and real-time agronomic insights available using technology.
The Monsanto Company was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup, a glyphosate-based herbicide, developed in the 1970s.
Raven Industries, Inc. is an American company that manufactures precision agriculture products, high-altitude balloons, plastic film and sheeting, and radar systems. The company is headquartered in Sioux Falls, South Dakota. Stock in the company was traded on NASDAQ until 2021 when it was acquired by CNH Industrial.
DICKEY-john has been revolutionizing electronics for more than 50 years. Customers look to DICKEY-john for market-leading monitors, controllers, moisture testers, ground speed sensors, and a variety of other systems used in agricultural, public works, and analytical markets. Today, DICKEY-john has extensive expertise in the areas of engineering and manufacturing. Continuous research and customer partnerships help us develop the latest technological advances in designing precision instrumentation. The company’s highly-integrated manufacturing is performed in an ISO 9001:2015-certified facility.
Ag Leader Technology, based in Ames, Iowa, has been a front-runner and driving force behind precision agriculture innovation since 1992. Ag Leader’s products are the most complete, user-friendly package of precision farming technologies. Its precision products are designed to help farmers plan, plant, apply and harvest more accurately, efficiently and profitably. In addition, Ag Leader has comprehensive data management software with the SMS™ software family. Ag Leader also offers knowledgeable technicians who are dedicated to supporting Ag Leader’s products and customers.
AgJunction Inc., the Auto steering Company™ is a global leader of advanced guidance and autosteering solutions for precision agriculture applications. Its technologies are critical components in over 30 of the world’s leading precision Ag manufacturers and solution providers and it holds approximately 200 fundamental steering and machine control patents. AgJunction markets its solutions under leading brand names including Novariant®, Wheelman™, and Whirl™, and is committed to advancing its vision by bringing affordable hands-free farming to every farm, regardless of terrain or size.AgJunction is headquartered in Scottsdale, Arizona. Since December 2021, AgJunction is wholly owned by the Kubota Corporation.
CNH Industrial N.V. is an American-Italian multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the Dutch-Italian investment company Exor, which in turn is controlled by the Agnelli family. The company is listed as CNHI (BIT) on the European stock exchange. The company generated revenue of USD 2,798 Million in 2020 and has 63,499 employees working across its major locations.
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For More Information about each of these companies. Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends, In-depth analysis of key players, Development opportunities, Sales, Revenue Forecast.
