3Q 2023

Precision and Autonomous Commercial Agriculture

Quantifying Precision in Planting, Spraying, and Harvesting with Global Commercial Market Forecasts: 2023-2032

Precision agriculture is not new. Heavy equipment, for example, has been fitted with GPS technologies for years. What is new is the level of precision and autonomy possible with modern computer vision technology. Advanced sensors and computers allow a tractor to drive itself, a sprayer to know exactly which plants to spray, and a seeder to use only the amount of fertilizer it needs.

The market potential for these technologies is significant. Farming is a dangerous profession, and heavy machinery with the sensing technology to stop or brake when people are near will have enormous safety benefits. The reduction in the amount of herbicides, pesticides, and fertilizers farmers use with precision sprayers will also have enormous environmental benefits. These high levels of precision will likely first make their way onto heavy agricultural equipment: sprayers, harvesters, and seeders. The markets that have been investing in the development of precision and autonomous agriculture are highly focused on food crops such as corn and soybeans, so much of the technology caters to those markets.

This Guidehouse Insights report analyzes the global market for precision and autonomous agriculture. It provides an analysis of the barriers and drivers to global adoption of this technology in commercial agriculture. It also provides global forecasts for the overall market, various types of heavy agricultural equipment, specific crops, and which crop form factors it is currently best suited to serve. Forecasts cover the period 2023-2032 and are segmented into eight global regions and subregions.

Pages 38
Tables | Charts | Figures 32
  • How much will the precision and autonomous agriculture market grow each year through 2032?
  • What will the market growth for precision and autonomous agriculture look like globally and regionally?
  • What types of crops will receive early attention in precision and autonomous agriculture?
  • What food crops are best suited to the current form factors of precision and autonomous agriculture?
  • How much of the market for precision and autonomous agriculture will rest on heavy agricultural equipment in the coming decade?
  • What benefits will precision and autonomous agriculture provide to the global farming market?
  • Large industrial farmers
  • Small farmers
  • Farming cooperatives
  • Agricultural chemical manufacturers
  • Heavy agricultural equipment manufacturers
  • Heavy agricultural equipment dealers
  • Vehicle autonomy developers

1. Executive Summary

1.1      Market Overview

1.2    Scope

1.3    Market Forecast

2. Market Issues

2.1      Drivers

2.1.1     Worker Safety

2.1.2     Cost Savings

2.1.3     Sustainability

2.1.4     Localization of Growing

2.2      Barriers

2.2.1     Regulatory Environments

2.2.2     Variety of Farm Needs

2.2.3     Cost

2.3      Pricing

2.4    Other Business Issues

3. Industry Value Chain

3.1      Pictorial Representation of the Value Chain

3.2    Competitive Landscape

3.2.1     M&A Activities

3.2.2     Business Model Evolution

4. Market Forecasts

4.1      Introduction

4.2      Methodology

4.3      Precision and Autonomous Agriculture Market

4.4      Implement Classification Forecast

4.4.1     Harvesters

4.4.2     Seeders

4.4.3     Sprayers

4.5      Non-Food Crops and Food Crops

4.5.1     Non-Food Crops

4.5.2     Food Crops

4.6      Selected Food Crops

4.6.1     Soybeans

4.6.2     Corn

4.6.3     Wheat

4.6.4     Sugar Cane

4.6.5     Rice

5. Conclusions and Recommendations

5.1      Three Big Predictions

5.2      Recommendations

5.2.1     Large-Scale Farms

5.2.2     Small-Scale Farms

5.2.3     Heavy Agricultural Equipment Manufacturers

5.2.4     Agricultural Chemical Manufacturersz

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

  • Annual Precision and Autonomous Commercial Agriculture Revenue, World Markets: 2023-2032
  • Annual Precision and Autonomous Commercial Agriculture Implement Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Harvester Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Harvester Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Agriculture Seeder Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Seeder Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Agriculture Sprayer Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Sprayer Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Agriculture Non-Food Crop Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Food Crop Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Revenues, 5 Selected Food Crops, World Markets, 2023-2032
  • Annual Precision and Autonomous Soybean Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Corn Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Wheat Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Sugarcane Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Rice Revenues, World Markets: 2023-2032
  • Precision and Autonomous Agriculture Value Chain
  • Annual Precision and Autonomous Commercial Agriculture Revenue, World Markets: 2023-2032
  • Annual Precision and Autonomous Commercial Agriculture Implement Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Harvester Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Seeder Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Sprayer Sales, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Harvester Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Agriculture Seeder Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Agriculture Sprayer Revenues, World Markets: 2023-2032*
  • Annual Precision and Autonomous Food Crop Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Non-Food Crop Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Soybean Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Corn Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Agriculture Wheat Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Sugarcane Revenues, World Markets: 2023-2032
  • Annual Precision and Autonomous Rice Revenues, World Markets: 2023-2032
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