Published Year: 2025
Precision Agriculture Market - A Global and Regional Analysis: Focus on Application, Product, and Re
The global precision agriculture market is projected to reach $22.49 billion by 2034 from...
Market Research Report
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Table of Contents
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trends: Current and Future Impact Assessment
1.1.1.1 Rapid Integration of Data Analytics and Cloud Computing
1.1.1.2 Increasing Requirement for Crop Yield
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country and Company)
1.4 Regulatory Landscape
1.4.1 Regulations for the Precision Agriculture Market
1.5 Impact of Key Enabling Technologies on the Farming Ecosystem
1.6 Market Dynamics: Overview
1.6.1 Market Drivers
1.6.1.1 Rising Adoption of Precision Irrigation Technologies
1.6.1.2 Increasing Number of Pest Variant Drives Demand for Smart Monitoring Technologies
1.6.2 Market Restraints
1.6.2.1 Growing Concerns Over Data Security
1.6.2.2 Limited Network Connectivity
1.6.3 Market Opportunities
1.6.3.1 Partnerships with Agri-Tech Startups
1.6.3.2 Customization for Specialty Crops
1.7 Agriculture Drone and Robot Market
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Germany
2.2.6.1 Application
2.2.6.2 Product
2.2.7 France
2.2.7.1 Application
2.2.7.2 Product
2.2.8 Italy
2.2.8.1 Application
2.2.8.2 Product
2.2.9 Spain
2.2.9.1 Application
2.2.9.2 Product
2.2.10 U.K.
2.2.10.1 Application
2.2.10.2 Product
2.2.11 Netherlands
2.2.11.1 Application
2.2.11.2 Product
2.2.12 Denmark
2.2.12.1 Application
2.2.12.2 Product
2.2.13 Rest-of-Europe
2.2.13.1 Application
2.2.13.2 Product
3.1 Next Frontiers
3.2 Geographic Assessment
3.3 Precision Agriculture Software and Services Provider
3.3.1 Accenture
3.3.1.1 Overview
3.3.1.2 Top Products/Product Portfolio
3.3.1.3 Top Competitors
3.3.1.4 Target Customers
3.3.1.5 Key Personnel
3.3.1.6 Analyst View
3.3.1.7 Market Share, 2023
3.3.2 AGRIVI
3.3.2.1 Overview
3.3.2.2 Top Products/Product Portfolio
3.3.2.3 Top Competitors
3.3.2.4 Target Customers
3.3.2.5 Key Personnel
3.3.2.6 Analyst View
3.3.2.7 Market Share, 2023
3.3.3 Bayer AG
3.3.3.1 Overview
3.3.3.2 Top Products/Product Portfolio
3.3.3.3 Top Competitors
3.3.3.4 Target Customers
3.3.3.5 Key Personnel
3.3.3.6 Analyst View
3.3.3.7 Market Share, 2023
3.3.4 BASF
3.3.4.1 Overview
3.3.4.2 Top Products/Product Portfolio
3.3.4.3 Top Competitors
3.3.4.4 Target Customers
3.3.4.5 Key Personnel
3.3.4.6 Analyst View
3.3.4.7 Market Share, 2023
3.3.5 CNH Industrial N.V.
3.3.5.1 Overview
3.3.5.2 Top Products/Product Portfolio
3.3.5.3 Top Competitors
3.3.5.4 Target Customers
3.3.5.5 Key Personnel
3.3.5.6 Analyst View
3.3.5.7 Market Share, 2023
3.3.6 CLAAS KGaA mbH
3.3.6.1 Overview
3.3.6.2 Top Products/Product Portfolio
3.3.6.3 Top Competitors
3.3.6.4 Target Customers/End Users
3.3.6.5 Key Personnel
3.3.6.6 Analyst View
3.3.6.7 Market Share, 2023
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
Table 1: Market Snapshot
Table 2: Opportunities across Regions
Table 3: Precision Agriculture Market (by Hardware Systems), Price($/Unit), 2023-2034
Table 4: Impact of Precision Agriculture Techniques on Farming
Table 5: Impact Analysis of Market Navigating Factors, 2024-2034
Table 6: List of Cybersecurity Attacks Seen in the Precision Agriculture Market
Table 7: Precision Agriculture Market (by Region), $Million,2023-2034
Table 8: Europe Precision Agriculture Market (by Application), $Million, 2023-2034
Table 9: Europe Precision Agriculture Market (by Function), $Million, 2023-2034
Table 10: Europe Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 11: Europe Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 12: Europe Precision Agriculture Market (by Product), $Million, 2023-2034
Table 13: Germany Precision Agriculture Market (by Application), $Million, 2023-2034
Table 14: Germany Precision Agriculture Market (by Function), $Million, 2023-2034
Table 15: Germany Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 16: Germany Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 17: Germany Precision Agriculture Market (by Product), $Million, 2023-2034
Table 18: France Precision Agriculture Market (by Application), $Million, 2023-2034
Table 19: France Precision Agriculture Market (by Function), $Million, 2023-2034
Table 20: France Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 21: France Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 22: France Precision Agriculture Market (by Product), $Million, 2023-2034
Table 23: Italy Precision Agriculture Market (by Application), $Million, 2023-2034
Table 24: Italy Precision Agriculture Market (by Function), $Million, 2023-2034
Table 25: Italy Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 26: Italy Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 27: Italy Precision Agriculture Market (by Product), $Million, 2023-2034
Table 28: Spain Precision Agriculture Market (by Application), $Million, 2023-2034
Table 29: Spain Precision Agriculture Market (by Function), $Million, 2023-2034
Table 30: Spain Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 31: Spain Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 32: Spain Precision Agriculture Market (by Product), $Million, 2023-2034
Table 33: U.K. Precision Agriculture Market (by Application), $Million, 2023-2034
Table 34: U.K. Precision Agriculture Market (by Function), $Million, 2023-2034
Table 35: U.K. Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 36: U.K. Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 37: U.K. Precision Agriculture Market (by Product), $Million, 2023-2034
Table 38: Netherlands Precision Agriculture Market (by Application), $Million, 2023-2034
Table 39: Netherlands Precision Agriculture Market (by Function), $Million, 2023-2034
Table 40: Netherlands Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 41: Netherlands Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 42: Netherlands Precision Agriculture Market (by Product), $Million, 2023-2034
Table 43: Denmark Precision Agriculture Market (by Application), $Million, 2023-2034
Table 44: Denmark Precision Agriculture Market (by Function), $Million, 2023-2034
Table 45: Denmark Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 46: Denmark Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 47: Denmark Precision Agriculture Market (by Product), $Million, 2023-2034
Table 48: Rest-of-Europe Precision Agriculture Market (by Application), $Million, 2023-2034
Table 49: Rest-of-Europe Precision Agriculture Market (by Function), $Million, 2023-2034
Table 50: Rest-of-Europe Precision Agriculture Market (by Farm Produce), $Million, 2023-2034
Table 51: Rest-of-Europe Precision Agriculture Market (by Technology), $Million, 2023-2034
Table 52: Rest-of-Europe Precision Agriculture Market (by Product), $Million, 2023-2034
Table 53: Market Share, 2023 for Precision Agriculture Software and Services Provider
Table 54: Market Share, 2023 for Precision Agriculture Equipment Manufacturers
Figure 1: Precision Agriculture Market (by Region), 2023, 2030, and 2034
Figure 2: Europe Precision Agriculture Market (by Application), 2023, 2030, and 2034
Figure 3: Europe Precision Agriculture Market (by Function), 2023, 2030, and 2034
Figure 4: Europe Precision Agriculture Market (by Farm Produce), 2023, 2030, and 2034
Figure 5: Europe Precision Agriculture Market (by Technology), 2023, 2030, and 2034
Figure 6: Europe Precision Agriculture Market (by Product), 2023, 2030, and 2034
Figure 7: Precision Agriculture Market, Recent Developments
Figure 8: Global Crop Yield (in Tons per Hectare),2020-2022
Figure 9: Supply Chain and Risks within the Supply Chain
Figure 10: Value Chain for Precision Agriculture Market
Figure 11: Patent Analysis (by Country), January 2021-October 2024
Figure 12: Patent Analysis (by Company), January 2021-October 2024
Figure 13: Global Distribution of Irrigated vs. Rainfed Crop Production
Figure 14: Global Pesticides Usage (in Tons), 2019-2022
Figure 15: Growth Trajectory of the Agriculture Drones and Sensors Market (2023-2033)
Figure 16: Germany Precision Agriculture Market, $Million, 2023-2034
Figure 17: France Precision Agriculture Market $Million, 2023-2034
Figure 18: Italy Precision Agriculture Market, $Million, 2023-2034
Figure 19: Spain Precision Agriculture Market, $Million, 2023-2034
Figure 20: U.K. Precision Agriculture Market, $Million, 2023-2034
Figure 21: Netherlands Precision Agriculture Market, $Million, 2023-2034
Figure 22: Denmark Precision Agriculture Market, $Million, 2023-2034
Figure 23: Rest-of-Europe Precision Agriculture Market, $Million, 2023-2034
Figure 24: Strategic Initiatives, 2021-2024
Figure 25: Share of Strategic Initiatives, 2021-2024
Figure 26: Data Triangulation
Figure 27: Top-Down and Bottom-Up Approach
Figure 28: Assumptions and Limitations
Europe Precision Agriculture Market Report Coverage
|
Europe Precision Agriculture Market |
|||
|
Base Year |
2023 |
Market Size in 2024 |
$3,363.4 Million |
|
Forecast Period |
2024-2034 |
Value Projection and Estimation by 2034 |
$6,321.3 Million |
|
CAGR During Forecast Period |
6.51% |
||
Key Market Players and Competition Synopsis
The companies that are profiled in the Europe precision agriculture market have been selected based on inputs gathered from primary experts who have analyzed company coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
• Accenture
• AGRIVI
• Bayer AG
• BASF
• CNH Industrial N.V.
Companies not part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).
How can this report add value to an organization?
This report adds value to an organization by providing in-depth insights into the Europe precision agriculture market, enabling informed decision-making and strategic planning. It highlights emerging technologies, market trends, and competitive dynamics, helping organizations identify growth opportunities and align their offerings with industry needs. The report's detailed segmentation and regional analysis support targeted market entry strategies, while its regulatory and sustainability insights ensure compliance and alignment with European goals. By leveraging this report, organizations can drive innovation, enhance operational efficiency, and gain a competitive edge in the evolving precision agriculture landscape.
Key Questions Answered
• What is the estimated market size for Europe precision agriculture market?
• Who are the primary suppliers in the precision agriculture market?
• What are the different types of precision agriculture available in the market?
• What are the primary factors driving growth in the Europe precision agriculture market?
• What are the future trends expected in the precision agriculture market?
Introduction to Europe Precision Agriculture Market
The Europe precision agriculture market is projected to reach $6,321.3 million by 2034 from $3,363.4 million in 2024, growing at a CAGR of 6.51% during the forecast period 2024-2034. Precision farming is growing in Europe as farmers use IoT sensors, AI-powered insights, and sophisticated data analytics to increase yields, optimise resource efficiency, and promote sustainable practices. Together with rising food demand, supportive EU policies—like the Common Agricultural Policy's digital farming projects and Green Deal targets—are also driving market expansion.
Market Introduction
The precision agriculture market in Europe includes a wide range of digital tools and services that allow farmers to monitor field conditions, optimise inputs, and make data-backed decisions. These include soil-moisture sensors, GPS-enabled tractors and drones, AI-driven analytics platforms, and satellite imagery. Precision agriculture has gained popularity among small and medium-sized farms in Western and Eastern Europe, surpassing early adopters in large commercial operations due to the growing desire for sustainable methods and effective resource management.
The Common Agricultural Policy's digital-farming initiatives and the Green Deal eco-schemes, which provide financial incentives for the use of new technologies and encourage the extension of broadband in rural areas, are two EU programs that are supporting this change. Meanwhile, farmers may now access cutting-edge technology and software without having to make significant capital expenditures thanks to equipment-as-a-service and leasing models that are reducing entry barriers. While automated equipment and remote management platforms alleviate labour shortages and optimise operations, real-time field mapping and variable-rate application techniques are also contributing to the reduction of greenhouse gas emissions, fertiliser runoff, and water use.
However, uneven connectivity in remote regions and fragmented national regulations on data privacy and equipment certification pose challenges for seamless, pan-European implementation. Additionally, limited digital literacy among traditional growers and the high cost of comprehensive sensor networks restrict broader uptake. Looking ahead, investment in agritech training, interoperable data standards and edge-computing solutions will be central to driving market expansion, enabling Europe’s agricultural sector to meet productivity, profitability and sustainability goals in tandem.
Market Segmentation:
Segmentation 1: by Application
• Field Monitoring
• Crop Forecasting
• Precision Planting
• Precision Spraying
• Precision Fertilization
• Precision Irrigation
• Farm Management
• Others
Segmentation 2: by Function
• Farm Management
• Field Management
• Fleet Management
Segmentation 3: by Farm Produce
• Field Crops
• Permanent Crops
• Other Farm Produce
Segmentation 4: by Technology
• Guidance Technology
• Sensing Technology
• Variable Rate Application Technology
• Data Analytics and Intelligence
• Others
Segmentation 5: by Product
• Hardware
o Automation and Control Systems
o Sensing and Navigation Systems
o Indoor Farming Equipment
• Software
o Farm Operations Management
o Hardware Control Applications
o Data And Predictive Analytics
• Support Services
Segmentation 6: by Region
• Europe: Germany, France, U.K., Spain, Italy, Netherlands, Denmark, and Rest-of-Europe
Europe Precision Agriculture Market Trends, Drivers and Challenges
Trends
The precision agricultural industry in Europe is adopting the broad use of IoT-enabled sensors for ongoing nutrient and soil moisture monitoring, together with edge computing connection for in-the-moment decision-making. Predictive analytics for yield forecasting and pest/disease identification are being provided by AI and machine-learning technologies. Farm management systems are incorporating drone and satellite-based imaging technology for variable-rate applications and field mapping. In the meantime, interoperable data-sharing platforms are promoting cooperation across agribusiness value chains, and equipment-as-a-service models are increasing access to sophisticated tractors, sprayers, and robotics without requiring a significant initial investment.
Drivers
The EU Green Deal's sustainability imperatives and national eco-schemes encourage resource-efficient measures that reduce carbon emissions, water use, and fertiliser waste. Automation and remote-management solutions are becoming more and more popular due to rising labour costs and persistent shortages of experienced farmworkers. Consumers' need for high-quality, traceable fruit is pushing farms to use digital monitoring to make sure food safety regulations are being followed. The adoption of technology in both large commercial farms and smaller family businesses is being further supported by generous CAP digitalisation grants and rural broadband expansion.
Challenges
Sensor networks, data-management platforms, and autonomous machinery still have high upfront expenditures, which is a barrier, particularly for small and medium-sized farms. Reliable data transfer and real-time analytics are limited in remote rural locations due to connectivity problems. For pan-European solution suppliers, fragmented legal frameworks across member states—pertaining to environmental schemes, equipment certification, and data privacy—create complexity. Furthermore, the adoption of advanced tools is slowed by traditional farmers' lack of agritech knowledge and low levels of digital literacy, highlighting the necessity for focused training and extension services.
Europe Precision Agriculture Market
Focus on Application, Product, and Country - Analysis and Forecast, 2024-2034
Some Faq's
Frequently Asked Questions
The Europe precision agriculture market is projected to reach $6,321.3 million by 2034 from $3,363.4 million in 2024, growing at a CAGR of 6.51% during the forecast period 2024-2034.
Europe’s precision agriculture market trends include widespread deployment of IoT-enabled sensors for real-time soil monitoring; AI and machine-learning-driven analytics for predictive insights; integration of drones and satellite imagery for field mapping; growth of equipment-as-a-service models; implementation of Common Agricultural Policy–backed digital farming strategies; eco-schemes incentivizing sustainable practices; interoperable, data-sharing platforms.
The science of enhancing agricultural yields and supporting management choices with advanced sensor and analysis technologies is known as precision agriculture, or PA. The world has embraced PA, a novel idea that promises to boost output, cut down on labor costs, and guarantee efficient management of irrigation and fertilizer systems.
Sustainability mandates and net-zero targets compel farmers to adopt precision ag tools that reduce inputs and greenhouse gas emissions. Carbon-credit schemes monetize emission reductions—enabling farmers to earn revenue by sequestering soil carbon or lowering fuel use—thus attracting investment in sensors, analytics and automation to verify and efficiently optimize climate-positive practices.
The companies which are manufacturing and having capacity to develop precision agriculture products and services, component suppliers, research institutions, and regulatory bodies.
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