Product Code: GVR-4-68038-414-7
Precision Harvesting Market Growth & Trends:
The global precision harvesting market size is anticipated to reach USD 27.41 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.4% from 2025 to 2030. Precision harvesting, also known as modern agricultural cultivation technique, includes using cameras and sensors to detect appropriate period for cultivation for maximum crop production. This technique helps increase crop efficiency and reduces waste by monitoring the temperature, soil, humidity, and other environmental factors. It includes a wide range of technologies such as robotics, automation, sensors, imagery, and big data.
Increasing adoption of autonomous combine harvesters and harvesting robots, increasing mechanization of farms in developing economies, and increased labor cost due to shortfall of skilled labor are some of the key factors driving the market growth. Major manufacturers of agriculture equipment are adopting telematics services to improve farm efficiency, thereby reducing the cost of agricultural operations, maximizing profitability, and reducing environmental impact due to improved management.
Increasing global food demand, minimizing crop wastage during harvesting processes, and extended crop yield and profitability are also driving the market. Government initiatives in various countries are encouraging farmers to adopt advanced technological and agricultural tools and machinery to improve crop yield. However, low rate of technology adoption, lack of skills, and lack of technical awareness among farmers due to absence of stringent standards and limitations on the exchange of data, are likely to hamper the precision harvesting market growth over the forecast period.
Furthermore, high initial capital investment and lack of independent consulting and advisory services due to absence of validated agronomic models to make investment decisions are impeding the market growth. In addition, independent services are not linked to co-operatives, government bodies, and farmer's associations where farmers can get additional information to make improved decisions.
Precision Harvesting Market Report Highlights:
- Increasing government support for adopting modern agricultural techniques and growing need for efficient harvesting to increase crop production are expected to drive the market.
- The software segment is anticipated to expand at a significant CAGR owing to cloud computing, which focuses on shared networks, servers, and storage devices thus reducing costs incurred in maintaining hardware and software infrastructure.
- Digital revolution in the agricultural sector and financial incentives from the government are likely to drive the market in Europe.
- Asia Pacific is expected to witness the fastest growth owing to availability of the largest agricultural land, which provides growth opportunities in countries such as China, India, Australia, and Japan.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Precision Harvesting Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Precision Harvesting Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Precision Harvesting Market: Application Outlook Estimates & Forecasts
- 4.1. Precision Harvesting Market Share by Application, 2024 & 2030 (USD Million)
- 4.2. Crop
- 4.2.1. Crop Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3. Greenhouse
- 4.3.1. Greenhouse Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Horticulture
- 4.4.1. Horticulture Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Others
- 4.5.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Precision Harvesting Market: Product Outlook Estimates & Forecasts
- 5.1. Precision Harvesting Market Share by Product, 2024 & 2030 (USD Million)
- 5.2. Combine Harvesters
- 5.2.1. Combine Harvesters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3. Harvesting Robots
- 5.3.1. Harvesting Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Self-Propelled Forage Harvesters
- 5.4.1. Self-Propelled Forage Harvesters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Precision Harvesting Market: Offering Outlook Estimates & Forecasts
- 6.1. Precision Harvesting Market Share by Products, 2024 & 2030 (USD Million)
- 6.2. Hardware
- 6.2.1. Hardware Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Automation & Control System
- 6.2.2.1. Automation & Control System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Sensing Devices
- 6.2.3.1. Sensing Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Others
- 6.2.4.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Software
- 6.3.1. Software Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Services
- 6.4.1. Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Precision Harvesting Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Precision Harvesting Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. North America Precision Harvesting Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.S.
- 7.3.2.1. U.S. precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Canada
- 7.3.3.1. Canada precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.4. Mexico
- 7.3.4.1. Mexico precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Europe precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2. U.K.
- 7.4.2.1. U.K. precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Germany
- 7.4.3.1. Germany precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.4. France
- 7.4.4.1. France precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Asia Pacific precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. China
- 7.5.2.1. China precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.3. India
- 7.5.3.1. India precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.4. Japan
- 7.5.4.1. Japan precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.5. Australia
- 7.5.5.1. Australia precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.6. South Korea
- 7.5.6.1. South Korea precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6. Latin America
- 7.6.1. Latin America precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Brazil
- 7.6.2.1. Brazil precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7. MEA
- 7.7.1. MEA precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Kingdom of Saudi Arabia
- 7.7.2.1. Kingdom of Saudi Arabia precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.3. UAE
- 7.7.3.1. UAE precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.4. South Africa
- 7.7.4.1. South Africa precision harvesting market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Deere & Company
- 8.4.1.1. Participant's overview
- 8.4.1.2. Financial performance
- 8.4.1.3. Product benchmarking
- 8.4.1.4. Strategic initiatives
- 8.4.2. AGCO Corporation
- 8.4.2.1. Participant's overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Product benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. KUBOTA Corporation
- 8.4.3.1. Participant's overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Product benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. Raven Industries, Inc.
- 8.4.4.1. Participant's overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Product benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. CLAAS KGaA mbH
- 8.4.5.1. Participant's overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Product benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. Ag Leader Technology
- 8.4.6.1. Participant's overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Product benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. TeeJet Technologies
- 8.4.7.1. Participant's overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Product benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. TOPCON CORPORATION
- 8.4.8.1. Participant's overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Product benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. DICKEY-john
- 8.4.9.1. Participant's overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Product benchmarking
- 8.4.9.4. Strategic initiatives
- 8.4.10. CNH Industrial N.V.
- 8.4.10.1. Participant's overview
- 8.4.10.2. Financial performance
- 8.4.10.3. Product benchmarking
- 8.4.10.4. Strategic initiatives