Yield Monitoring Devices Market
Segments - by Applications (Variable Rate Application, Crop Scouting, Yield Monitoring, and Field Mapping), Technology (Remote Sensing and Guidance), Components (Software and Hardware), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global yield monitoring devices market is expected to expand at a substantial CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the development of new technology in the standardization and automation of crop cultivation as well as production.
Yield monitor devices include a range of equipment primarily designed for increasing the crop production. The devices are widely adopted to extract important information about key aspects such as area coverage of the field, weather adaptability by grains, and grain moisture level. These devices allow farmers to make an exact assessment of several variations of the field and help farmers to implement several measures to enhance yield.
Using these devices, farmers can properly assess the effects of the fertilizers & pesticides used, the level of soil fertility, and weather impact on the crop production. Problems such as global food shortage and sharp decline in the production of crops worldwide due to irregular or harsh climate conditions and shrinking of cultivated or farming lands are key concerns for raising adoption of such monitoring devices.
Market Trends, Driver, Restraint, and Opportunities
- Rising number of global population and increasing demand for foods but shortage of supply are pushing to increase the adoption of the devices. This is expected to drive the market growth.
- Availability of cheaper fertilizers, chemicals, and quality seeds besides the introduction of new monitoring devices are likely to increase yield. This is anticipated to boost the yield monitoring devices market.
- Several governments’ initiatives, schemes, and subsidies are provided for assisting and encouraging farmers to increase the overall crops production. This is expected to fuel the market expansion.
- Lack of awareness of the devices and absence of yield monitoring specialists among farmers are creating challenges, which are expected to hamper the market growth.
- Technological advancement and growing R&D activities to produce innovative and low-cost monitoring devices are projected to offer lucrative opportunities for the market expansion
Scope of Yield Monitoring Devices Market Report
The report on the global yield monitoring devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Yield Monitoring Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018-2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Applications (Variable Rate Application, Crop Scouting, Yield Monitoring, and Field Mapping), Technology (Remote Sensing and Guidance), and Components (Software and Hardware), |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Trimble Navigation Ltd., Topcon Precision Agriculture, Ag Leader Technology, Case IH, Deere & Company, AgJunction Inc., TeeJet Technologies, Raven Industries Ltd., and AGCO Corporation. |
Global Yield Monitoring Devices Market Segment Insights
Yield monitoring segment is expected to grow at a rapid pace
Based on applications, the global yield monitoring devices market is divided into variable rate application, crop scouting, yield monitoring, and field mapping. The yield monitoring segment is expected to grow at a rapid pace during the forecast period owing to wide adoption of the devices for observing the complete circle of the crop cultivated to increase the amount of production.
Remote sensing segment is projected to exhibit a substantial CAGR
On the basis of technology, the market is bifurcated into remote sensing and guidance. The remote sensing segment is projected to exhibit a substantial CAGR during the forecast period due to rapid expansion of the technology for yield monitoring process. The technology helps to provide information about the accurate assessment of the cultivation field and area covered, which act as key factors for increasing yield.
Hardware segment is anticipated to represent a key market share
Based on components, the global yield monitoring devices market is categorized as software and hardware. The hardware segment is anticipated to represent a key market share in the coming years owing to increasing demand for advanced hardware inbuilt of the monitoring devices. Technological advancement in developing of innovative hardware of the devices present a key driving factor boosting the segment growth.
Asia Pacific is projected to constitute a major share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East& Africa. Asia Pacific is projected to constitute a major share of the market during the forecast period owing to the wide cultivation practice and availability of a widespread cultivation land in the region. Rising adoption of the yield monitoring devices due to increasing awareness of the benefits of the technology among farmers play a vital role for the regional market expansion.
Segments
The global yield monitoring market has been segmented on the basis of
Applications
- Variable Rate Application (VAR)
- Crop Scouting
- Yield Monitoring
- Field Mapping
Components
- Software
- Hardware
Technology
- Remote Sensing
- Guidance
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Trimble Navigation Ltd
- Topcon Precision Agriculture
- Ag Leader Technology
- Case IH
- Deere & Company
- AgJunction Inc
- TeeJet Technologies
- Raven Industries Ltd
- AGCO Corporation
Competitive Landscape
Some of the key players competing in the global yield monitoring devices market include Trimble Navigation Ltd; Topcon Precision Agriculture; Ag Leader Technology; Case IH Deere &Company; AgJunction Inc; TeeJet Technologies; Raven Industries Ltd; and AGCO Corporation.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Yield Monitoring Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Yield Monitoring Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yield Monitoring Devices Market - Supply Chain
4.5. Global Yield Monitoring Devices Market Forecast
4.5.1. Yield Monitoring Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yield Monitoring Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Yield Monitoring Devices Market Absolute $ Opportunity
5. Global Yield Monitoring Devices Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Yield Monitoring Devices Market Size and Volume Forecast by Applications
5.3.1. Variable Rate Application (VAR)
5.3.2. Crop Scouting
5.3.3. Yield Monitoring
5.3.4. Field Mapping
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Yield Monitoring Devices Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Yield Monitoring Devices Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Yield Monitoring Devices Demand Share Forecast, 2019-2026
7. North America Yield Monitoring Devices Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Yield Monitoring Devices Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Yield Monitoring Devices Market Size and Volume Forecast by Applications
7.4.1. Variable Rate Application (VAR)
7.4.2. Crop Scouting
7.4.3. Yield Monitoring
7.4.4. Field Mapping
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Yield Monitoring Devices Demand Share Forecast, 2019-2026
8. Latin America Yield Monitoring Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Yield Monitoring Devices Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Yield Monitoring Devices Market Size and Volume Forecast by Applications
8.4.1. Variable Rate Application (VAR)
8.4.2. Crop Scouting
8.4.3. Yield Monitoring
8.4.4. Field Mapping
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Yield Monitoring Devices Demand Share Forecast, 2019-2026
9. Europe Yield Monitoring Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Yield Monitoring Devices Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Yield Monitoring Devices Market Size and Volume Forecast by Applications
9.4.1. Variable Rate Application (VAR)
9.4.2. Crop Scouting
9.4.3. Yield Monitoring
9.4.4. Field Mapping
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Yield Monitoring Devices Demand Share Forecast, 2019-2026
10. Asia Pacific Yield Monitoring Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Yield Monitoring Devices Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Yield Monitoring Devices Market Size and Volume Forecast by Applications
10.4.1. Variable Rate Application (VAR)
10.4.2. Crop Scouting
10.4.3. Yield Monitoring
10.4.4. Field Mapping
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Yield Monitoring Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa Yield Monitoring Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Yield Monitoring Devices Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Yield Monitoring Devices Market Size and Volume Forecast by Applications
11.4.1. Variable Rate Application (VAR)
11.4.2. Crop Scouting
11.4.3. Yield Monitoring
11.4.4. Field Mapping
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Yield Monitoring Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Yield Monitoring Devices Market: Market Share Analysis
12.2. Yield Monitoring Devices Distributors and Customers
12.3. Yield Monitoring Devices Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Trimble Navigation Ltd
12.4.2. Topcon Precision Agriculture
12.4.3. Ag Leader Technology
12.4.4. Case IH
12.4.5. Deere & Company
12.4.6. AgJunction Inc
12.4.7. TeeJet Technologies
12.4.8. Raven Industries Ltd
12.4.9. AGCO Corporation
2. Assumptions and Acronyms Used
3. Research Methodology
4. Yield Monitoring Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Yield Monitoring Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yield Monitoring Devices Market - Supply Chain
4.5. Global Yield Monitoring Devices Market Forecast
4.5.1. Yield Monitoring Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yield Monitoring Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Yield Monitoring Devices Market Absolute $ Opportunity
5. Global Yield Monitoring Devices Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Yield Monitoring Devices Market Size and Volume Forecast by Applications
5.3.1. Variable Rate Application (VAR)
5.3.2. Crop Scouting
5.3.3. Yield Monitoring
5.3.4. Field Mapping
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Yield Monitoring Devices Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Yield Monitoring Devices Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Yield Monitoring Devices Demand Share Forecast, 2019-2026
7. North America Yield Monitoring Devices Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Yield Monitoring Devices Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Yield Monitoring Devices Market Size and Volume Forecast by Applications
7.4.1. Variable Rate Application (VAR)
7.4.2. Crop Scouting
7.4.3. Yield Monitoring
7.4.4. Field Mapping
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Yield Monitoring Devices Demand Share Forecast, 2019-2026
8. Latin America Yield Monitoring Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Yield Monitoring Devices Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Yield Monitoring Devices Market Size and Volume Forecast by Applications
8.4.1. Variable Rate Application (VAR)
8.4.2. Crop Scouting
8.4.3. Yield Monitoring
8.4.4. Field Mapping
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Yield Monitoring Devices Demand Share Forecast, 2019-2026
9. Europe Yield Monitoring Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Yield Monitoring Devices Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Yield Monitoring Devices Market Size and Volume Forecast by Applications
9.4.1. Variable Rate Application (VAR)
9.4.2. Crop Scouting
9.4.3. Yield Monitoring
9.4.4. Field Mapping
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Yield Monitoring Devices Demand Share Forecast, 2019-2026
10. Asia Pacific Yield Monitoring Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Yield Monitoring Devices Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Yield Monitoring Devices Market Size and Volume Forecast by Applications
10.4.1. Variable Rate Application (VAR)
10.4.2. Crop Scouting
10.4.3. Yield Monitoring
10.4.4. Field Mapping
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Yield Monitoring Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa Yield Monitoring Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Yield Monitoring Devices Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Yield Monitoring Devices Market Size and Volume Forecast by Applications
11.4.1. Variable Rate Application (VAR)
11.4.2. Crop Scouting
11.4.3. Yield Monitoring
11.4.4. Field Mapping
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Yield Monitoring Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Yield Monitoring Devices Market: Market Share Analysis
12.2. Yield Monitoring Devices Distributors and Customers
12.3. Yield Monitoring Devices Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Trimble Navigation Ltd
12.4.2. Topcon Precision Agriculture
12.4.3. Ag Leader Technology
12.4.4. Case IH
12.4.5. Deere & Company
12.4.6. AgJunction Inc
12.4.7. TeeJet Technologies
12.4.8. Raven Industries Ltd
12.4.9. AGCO Corporation
Our Clients
Related Reports
Some other reports from this category!
