How big is the Europe Precision Farming Market?

The Europe Precision Farming Market size is expected to reach USD 3.46 billion in 2024 and grow at a CAGR of 15.30% to reach USD 7.04 billion by 2029. Read More

What is the current Europe Precision Farming Market size?

In 2024, the Europe Precision Farming Market size is expected to reach USD 3.46 billion. Read More

Who are the key players in Europe Precision Farming Market?

John Deere, Bayer, AGCO Corporation, Trimble Inc. and Granular Inc(Corteva) are the major companies operating in the Europe Precision Farming Market. Read More

What years does this Europe Precision Farming Market cover, and what was the market size in 2023?

In 2023, the Europe Precision Farming Market size was estimated at USD 3.00 billion. The report covers the Europe Precision Farming Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Precision Farming Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Precision Farming Market - Size, Share & Industry Analysis

Europe Precision Farming Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Europe Precision Companies and the Market is segmented by Technology (Guidance systems, Remote sensing, Variable Rate Technology, Drones and UAVs, and other technologies), Components (Hardware, Software and Services), Application (Yield monitoring, Variable Rate Application, Field Mapping, Soil Monitoring, Crop Scouting, Other Application), and Geography (Germany, United Kingdom, Italy, France, and the Rest of Europe). The market size and estimation will be provided in terms of value (USD) for the above-mentioned segments.

Europe Precision Farming Industry Overview

The European precision farming market is highly concentrated. Deere & Company, Bayer crop science, Trimble Inc., Agco corporation, and Granular Inc. are the key players in the market. The companies operating in Europe are focusing on R&D and product launches, along with new innovations and partnerships. For instance, the Agco corporation, in February 2022, launched The WR Series windrower, which offers a 10% increase over previous models in overall efficiency to provide the power and speed to maximize hay production and quality. WR Series Windrower offers a smarter, more powerful way to better hay.