Precision Pest Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented by Technology (Monitoring and Spraying), By Solution (Hardware, Software, and Services), By Application (Area-Wide Pest Control and Site-Specific Pest Control), By Region and Competition

Published Date: April - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format

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Precision Pest Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented by Technology (Monitoring and Spraying), By Solution (Hardware, Software, and Services), By Application (Area-Wide Pest Control and Site-Specific Pest Control), By Region and Competition

The global precision pest management market was valued at $1,748.4 million in 2021 and is expected to reach $4,396.3 million by 2027, following a CAGR of 16.43% during 2022-27.

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For instance, In October 2021, Yanmar launched the YV01 autonomous spraying robot, which was developed in cooperation with European vineyards. This is an autonomous spraying robot which can transform the way vineyards operate. This robot uses an advanced spraying system that helps in ensuring that the vines are precisely sprayed with the exact amount of droplets which means less spraying fluids are required.

Growing Demand for Pesticide Free Food

Growing demand for pesticide-free food for maintaining a healthy life is expected to boost the growth of the market in the forecasted period. Precision pest management helps in minimizing the use of pesticides on the field and help in producing food items which are either completely pesticide free or produced using minimal amount of pesticides. Also, the growing demand for obtaining high yields, especially where the climate is predominantly humid and require fungicides is expected to increase the demand for precision pest management. Additionally, precision pest management helps in managing the crop from weeds, insects, diseases, and other organisms that directly or indirectly damage the crop. This management system uses different tools and methods to reduce the impacts of pests on crops. So, area-wide pest management is implemented for the prevention of pest outbreaks on a larger spatial resolution where other agricultural plots are included.

Growing Technological Advancement in Agriculture Sector

In November 2020, Syngenta Crop Production which is a leading global crop-protecting organization launched a product called Spiropidion can be used to protect a wide range of crops from pests that are most damaging and difficult to control.

MIR Segment1

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Market Segmentation

Global precision pest management market is segmented based on technology, solution, application, and region. Based on technology, the market can be divided into Monitoring and Spraying.

Recent Development

  • In March 2022, Deere & Company introduced See & Spray Ultimate. Farmers can spot-spray non-residual herbicide on weeds among corn, soybeans, and cotton using the factory-installed system. The technology underlying the green-on-green solution was developed by Blue River Technology, an artificial intelligence provider that Deere acquired in 2017.
  • In February 2021, Bayer created the biological and pheromone-based crop protection product Vynyty Citrus to control pests on farms. A container called Vynyty Citrus houses an active liquid. It is the only citrus pest control product available on the pest control market that is made using natural pyrethrum and pheromones. Pests are kept at bay by pheromones, which interfere with their mating habits and stop them from reproducing.

Market Players

PrecisionHawk,Inc., EOS Data Analytics, Inc., Deere & Company., BASF SE., AGRIVI Ltd., Kubota Corporation., TeeJet Technologies LLC, Yanmar Co. Ltd., SemiosBio Technologies Inc., Suterra LLC, Topcon Precision Agriculture Pty. Ltd., FlyPard Analytics GmbH, among others are some of the leading players operating in the global precision pest management market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Technology

By Solution

By Application

By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

PrecisionHawk,Inc., EOS Data Analytics, Inc., Deere & Company., BASF SE., AGRIVI Ltd., Kubota Corporation., TeeJet Technologies LLC, Yanmar Co. Ltd., SemiosBio Technologies Inc., Suterra LLC, Topcon Precision Agriculture Pty. Ltd., FlyPard Analytics GmbH

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Table of Content

Table of Contents

  1. Product Overview
    1. Market Definition
    2. Scope of the Market
      1. Markets Covered
      2. Years Considered for Study
      3. Key Market Segmentations
  2. Research Methodology
    1. Objective of the Study
    2. Baseline Methodology
    3. Key Industry Partners
    4. Major Association and Secondary Sources
    5. Forecasting Methodology
    6. Data Triangulation & Validation
    7. Assumptions and Limitations
  3. Executive Summary
    1. Overview of the Market
    2. Overview of Key Market Segmentations
    3. Overview of Key Market Players
    4. Overview of Key Regions/Countries
    5. Overview of Market Drivers, Challenges, Trends
  4. Voice of Customer
  5. Global Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  6. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
    5. By Company (2022)
  7. Market Map
    1. By Technology
    2. By Solution
    3. By Application
    4. By Region
  8. North America Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  9. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Country
  10. North America: Country Analysis
    1. United States Precision Pest Management Market Outlook
      1. Market Size & Forecast
        1. By Value
    2. Market Share & Forecast
      1. By Technology
      2. By Solution
      3. By Application
  11. Canada Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  12. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  13. Mexico Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  14. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  15. Europe Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  16. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Country
  17. Europe: Country Analysis
    1. France Precision Pest Management Market Outlook
      1. Market Size & Forecast
        1. By Value
    2. Market Share & Forecast
      1. By Technology
      2. By Solution
      3. By Application
  18. Germany Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  19. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  20. United Kingdom Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  21. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  22. Italy Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  23. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  24. Spain Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  25. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  26. Asia-Pacific Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  27. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Country
  28. Asia-Pacific: Country Analysis
    1. China Precision Pest Management Market Outlook
      1. Market Size & Forecast
        1. By Value
    2. Market Share & Forecast
      1. By Technology
      2. By Solution
      3. By Application
  29. India Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  30. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  31. Japan Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  32. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  33. South Korea Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  34. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  35. Australia Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  36. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  37. South America Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  38. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Country
  39. South America: Country Analysis
    1. Brazil Precision Pest Management Market Outlook
      1. Market Size & Forecast
        1. By Value
    2. Market Share & Forecast
      1. By Technology
      2. By Solution
      3. By Application
  40. Argentina Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  41. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  42. Colombia Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  43. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  44. Middle East and Africa Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  45. Market Share & Forecast
    1. By Technology (Monitoring v/s Spraying)
    2. By Solution (Hardware, Software, Services)
    3. By Application (Area-Wide Pest Control v/s Site-Specific Pest Control)
    4. By Country
  46. MEA: Country Analysis
    1. South Africa Precision Pest Management Market Outlook
      1. Market Size & Forecast
        1. By Value
    2. Market Share & Forecast
      1. By Technology
      2. By Solution
      3. By Application
  47. Saudi Arabia Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  48. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  49. UAE Precision Pest Management Market Outlook
    1. Market Size & Forecast
      1. By Value
  50. Market Share & Forecast
    1. By Technology
    2. By Solution
    3. By Application
  51. Market Dynamics
    1. Drivers

11.1.1 Growing Demand for Pesticide-Free Food

11.1.2 Growing Technological Advancement in Agriculture Sector

  1.  

11.2.1 High Initial Capital Investment

11.2.2 Lack of Awareness about Using Advance Technology

  1. Market Trends & Developments
    1. Recent Development
    2. Mergers & Acquisitions
    3. Product Launches
  2. Global Precision Pest Management Market: SWOT Analysis
  3. Porter’s Five Forces Analysis
    1. Competition in the Industry
    2. Potential of New Entrants
    3. Power of Suppliers
    4. Power of Customers
    5. Threat of Substitute Products
  4. Competitive Landscape
    1. Business Overview
    2. Product Offerings
    3. Recent Developments
    4. Financials (As Reported)
    5. Key Personnel
      1. PrecisionHawk,Inc.
      2. EOS Data Analytics, Inc.
      3. Deere & Company
      4. BASF SE.
      5. AGRIVI Ltd.
      6. Kubota Corporation
      7. TeeJet Technologies LLC
      8. Yanmar Co. Ltd
      9. SemiosBio Technologies Inc
      10. Suterra LLC
      11. Topcon Precision Agriculture Pty. Ltd
      12. FlyPard Analytics GmbH
  5. Strategic Recommendations

List Tables Figures

List of Tables and Figures

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