Yield Monitor Market

Yield Monitor Market for Devices and Services by Technology (GPS/GNSS, GIS, Remote Sensing), Components (Sensors, GPS/GNSS, Display, Guidance & Steering, and Software & Services), Application (VRA, Field Mapping, Soil Monitoring, and Scouting), and Geography -Global Forecasts to 2020

Report Code: SE 2896 Nov, 2014, by marketsandmarkets.com

Yield Monitor Market are the recent developments in the agricultural sector that allow farmers to assess the effects of weather, soil properties, fertilizers, and pesticides on yield production. Yield monitoring is considered to be the first step to implement site-specific crop management or precision farming. Yield Monitor Market are intended to provide farmers with an accurate assessment of the yield variation within the field, by producing the yield map of the field. The process of continuously recording the grain flow with the help of monitoring device, combined with the harvester while at the same time integrating with the actual harvest position in the field, is known as yield mapping. The yield and position data is stored and used to generate the yield map of the field.

Energy and cost saving, increased profitability, and enhancement in the yield are the major driving factors for the Yield Monitor Market. Additionally, the increasing demand for food due to rapidly increasing population enables farmers to opt for advanced technologies in agriculture to enhance the yield production. The report on yield monitoring devices and services market analyzes the yield monitoring supply chain, giving a very clear insight of all major segments and supported segments to the market. The Yield Monitor Market is segmented based on different hardware components and software services, processes, technologies, applications, and geography. This report also analyzes the market trends in the yield monitoring devices and services market, market dynamics such as market drivers, restraints, and opportunities along with the industry’s burning issues and winning imperatives.

The total market size of yield monitor is expected to grow at a CAGR of 7.17% from 2014 to 2020 and reach $2.51 billion by 2020. The report analyzes the yield monitor supply chain, giving a very clear insight of all major segments and supported segments to the industry. The report also provides a detailed scrutiny of Porter’s five force analysis for the market. All five major factors in these segments have been quantified using internal key parameters governing each of them.

The geographic segmentation of the report covers the four major regions of the world, namely North America, Europe, Asia-Pacific, and Rest of the World (ROW). The report also includes the company profiles of leading players in the field of yield monitor with their recent developments and other strategic business activities. The competitive landscape section of the report entails key growth strategies and detailed market share analysis of the key industry players. Major companies in this market are Ag Leader Technology (U.S.), Deere & Company (U.S.), Precision Planting Inc. (U.S.), Raven Industries Inc. (U.S.), AgJunction Inc. (U.S.), AGCO Corporation (U.S.), Trimble Navigation Limited (U.S.), Case IH (U.S.), TeeJet Technologies (U.S.), and Topcon Precision Agriculture (U.S.).

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Scope of the Report

This research report categorizes the Yield Monitor Market on the basis of technologies, components, applications, and geography. Projections in terms of value from 2014 to 2020 for the overall market and its sub segments have been covered in this report.

Market by Technology

The Yield Monitor Market is segmented on the basis of technologies such as guidance systems and remote sensing. Guidance systems are further segmented into GPS (Global Positioning Systems) and GIS (Global Information Systems). Remote sensing is further segmented into hand-held and satellite based sensing.

Market by Component

This market is segmented on the basis of hardware components and software solutions; hardware components comprise sensors, GPS/GNSS devices, display devices, and guidance and steering. The software solutions include yield data management software, and consulting and training services.

Market by Application

The application areas of yield monitoring include yield monitoring, Variable Rate Application (VRA), soil monitoring, crop scouting, field mapping, and others.

Market by Geography

The geographic analysis covers North America, South America, Europe, Asia-Pacific, and RoW. The cross segmentation of the data included in the report gives a deep insight about the regional markets.

The yield monitor market, coupled with the Global Positioning System (GPS) technology, is an electronic tool that collects data on crop performance for a particular year. The monitor computes and records information such as grain flow, grain moisture, area covered, and global location. Yield monitoring devices produce the yield map of the field in order to provide farmers with an accurate assessment of the yield variation within the field. Knowledge of the variability of yield at the harvest can be used in two important ways. It enables farmers to make more informed management decisions regarding the succeeding crop. It can provide a basis for varying fertilizer application according to a defined strategy. Yield Monitor Market involve increasing the yield efficiency that can be done by understanding, analyzing, and dealing with the natural variability found within the field. The yield monitor is an advanced tool for collecting data and presenting what actually took place in a field.

Yield monitoring technologies have geographically been unevenly adopted. The adoption rate of Yield Monitor Market is high in regions where labor is limited, land is abundant, and commodity prices are high. The total yield monitoring market has been divided into five major geographies: North America, South America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). Yield monitoring devices and services are observed to be in the matured phase in the U.S. market; this market is expected to see upgrades in the existing systems, along with the adoption of variable rate applicators driving the market growth.

New developments in the agro industry will also enhance the demand for Yield Monitor Market. One of the largest applications of yield monitoring devices and services is the variable rate technology; due to its high adoption rate and multiple applications, it is expected to drive the industry growth in the coming years. In addition to this, the U.S. Government and universities are also providing support to adopt this technology to obtain high yields.

This report covers important driving and restraining factors for this Yield Monitor Market. Encouraging government legislations and policies for adopting yield monitoring techniques, the growing food demand, crop health, energy and cost savings, and the growing agro industry act as driving factors for this industry. However, there are also a few obstacles in the growth of the yield monitoring market, including high initial installation costs, lack of technical knowledge among growers, and lack of experts in the field.

The worldwide market for Yield Monitor is segmented into North America, South America, Europe, APAC, and RoW. APAC is the leading region in this market in terms of the growth rate, due to factors such as helpful government policies, growing demand for food due to increasing population, and the developing economies. However, North America, which is another vital market, is expected to exhibit a significant growth in the coming years.

Table of Contents 
 
1 Introduction (Page No. - 16)
    1.1 Objectives of The Study
    1.2 Markets Covered
    1.3 Stakeholders
    1.4 Market Scope

2 Research Methodology (Page No. - 19)
    2.1 Demand Side Analysis of The Yield Monitoring Market
            2.1.1 Increasing Food Demand Due To The Growing Population
            2.1.2 Cost Saving in Inputs Such As Fertilizers, Chemicals, And Seeds
            2.1.3 Government Subsidies
    2.2 Yield Monitoring Devices Market Size Estimation
    2.3 Yield Monitoring Devices Market Crackdown & Data Triangulation
    2.4 Yield Monitoring Devices Market Share Estimation
            2.4.1 Key Data From Secondary Sources
            2.4.2 Key Data From Primary Sources
                    2.4.2.1 Key Industry Insights
    2.5 Assumptions

3 Executive Summary  (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in Yield Monitoring
    4.2 Global Yield Monitoring Market
    4.3 APAC Market Is An Attractive Destination
    4.4 Emerging Markets Are The Key Growth Regions
    4.5 APAC Is The Fastest Growing Market For Guidance Systems, Owing To The Technological Advancements in Gps/Gnss Devices
    4.6 Life Cycle Analysis For Yield Monitoring

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Evolution
    5.3 Yield Monitoring Devices Market Segmentation
            5.3.1 Yield Monitoring Market By Hareware Component And Software Service
            5.3.2 Yield Monitoring Market, By Technology
            5.3.3 Yield Monitoring Market, By Application
            5.3.4 Yield Monitoring Market, By Geography
    5.4 Market Dynamics
            5.4.1 Drivers
                    5.4.1.1 The Increasing Food Demand Due To The Growing Population Encourages Farmers To Increase Yield Production
                    5.4.1.2 University Research Studies Help To Develop Innovative And Efficient Yield Monitoring Solutions
                    5.4.1.3 Cost Saving in Inputs Such As Seeds, Chemicals, Fertilizers, And Fuel
                    5.4.1.4 Latest Technological Advancements in Yield Monitoring Services
                    5.4.1.5 Government Subsidies Help Farmers To Adopt Yield Monitoring Techniques
            5.4.2 Restraints
                    5.4.2.1 Underutilization of Yield Data
                5.4.2.2 Lack of Yield Monitoring Specialists And Low Awareness About Yield Monitoring
            5.4.3 Opportuniies
                    5.4.3.1 Unmanned Aerial Vehicle (UAV) For Yield Monitoring Is Considered To Be The Next Big Thing in Yield Monitoring Services
                    5.4.3.2 Application of Internet of Things (IOT) in Yield Monitoring
            5.4.4 Challenges
                    5.4.4.1 The Yield Monitoring Device Calibration And Accuracy Is A Major Technical Challenge
            5.4.5 Burning Issues
                    5.4.5.1 in Spite of The Advantages of Yield Monitoring, High Cost Is One of The Prime Concerns

6 Industry Trends (Page No. - 53)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Industry Trends
    6.4 Porter’s Five Forces Analysis
            6.4.1 Bargaining Power of Suppliers
            6.4.2 Bargaining Power of Buyers
            6.4.3 Threats of New Entrants
            6.4.4 Threats of Substitutes
            6.4.5 Intensity of Competitive Rivalry
    6.5 Pest Analysis
            6.5.1 Political Factors
            6.5.2 Economic Factors
            6.5.3 Social Factors
            6.5.4 Technological Factors

7 Yield Monitoring Market, By Hardware Component & Software Service (Page No. - 64)
    7.1 Introduction
    7.2 Hardware Components
            7.2.1 Sensors
                    7.2.1.1 Mass Flow Sensors
                                7.2.1.1.1 Impact Sensors
                                7.2.1.1.2 Radiation Sensors
                                7.2.1.1.3 Photoelectric Sensors
                                7.2.1.1.4 Speed Sensors
                                7.2.1.1.5 Grain Moisture Sensors
                    7.2.1.2 Soil Sensors
                                7.2.1.2.1 Moisture Sensors
                                7.2.1.2.2 Temperature Sensors
                                7.2.1.2.3 Nutrient Sensors
                                7.2.1.2.4 Soil Acidity/Ph Sensors
            7.2.2 GPS/GNSS Devices
            7.2.3 Display Devices
            7.2.4 Guidance & Steering
    7.3 Software & Services
            7.3.1 Yield Data Management Software
            7.3.2 Consulting & Training Services

8 Yield Monitoring Device And Services Market, By Technology (Page No. - 81)
    8.1 Introduction
    8.2 Guidance Systems
            8.2.1 Global Positioning System (GPS)
            8.2.2 Geographic Information System (GIS)
    8.3 Remote Sensing
            8.3.1 Handheld
            8.3.2 Satellite

9 Yield Monitoring Devices And Services Market, By Application (Page No. - 95)
    9.1 Introduction
    9.2 Variable Rate Application (VRA)
            9.2.1 Map-Based VRA 
            9.2.2 Sensor-Based VRA
    9.3 Field Mapping
            9.3.1 Boundary Mapping
            9.3.2 Drainage Mapping
    9.4 Soil Monitoring
            9.4.1 Moisture Monitoring
            9.4.2 Nutrient Monitoring
    9.5 Crop Scouting
    9.6 Others

10 Yield Monitoring Devices And Services Market, By Geography (Page No. - 104)
    10.1 Introduction
    10.2 North America
            10.2.1 U.S.
            10.2.2 Canada
            10.2.3 Mexico
    10.3 South America
            10.3.1 Brazil
            10.3.2 Argentina
            10.3.3 Others
    10.4 Europe
            10.4.1 Germany
            10.4.2 U.K.
            10.4.3 France
            10.4.4 Others
    10.5 APAC
            10.5.1 Australia
            10.5.2 China
            10.5.3 Japan
            10.5.4 India
            10.5.5 Others
    10.6 Rest of The World (Row)
            10.6.1 Middle East
            10.6.2 Africa
            10.6.3 Others

11 Competitive Landscape (Page No. - 127)
    11.1 Overview
    11.2 Rankings For Key Players in The Yield Monitoring Market, 2013
    11.3 Competitive Situation And Trends
            11.3.1 New Product Launches
            11.3.2 Agreements, Partnerships, Collaborations, And Joint Ventures
            11.3.3 Business Expansions And Contracts
            11.3.4 Mergers & Acquisitions

12 Company Profiles (Overview, Products And Services, Financials, Strategy & Development)*  (Page No. - 139)
      12.1 Introduction
      12.2  AGCO Corporation
      12.3 Agjunction Inc.
      12.4 Ag Leader Technology
      12.5 Deere & Company.
      12.6 Case Ih
      12.7 Precision Planting Inc.
      12.8 Raven Industries Inc.
      12.9 Teejet Technologies
      12.10 Topcon Precision Agriculture
      12.11 Trimble Navigation Limited
*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured In Case of Unlisted Companies. 

13 Appendix (Page No. - 173)
      13.1 Insights of Industry Experts
      13.2 Discussion Guide
      13.3 Introducing Rt: Real Time Market Intelligence
      13.4 Available Customizations
      13.5 Related Reports 
    
List of Tables (73 Tables)  
 
Table 1 The Increasing Food Demand And University Research Are The Major Drivers For The Yield Monitoring Market
Table 2 Underutilization of Yield Data Restrains The Growth of The Yield Monitoring Market
Table 3 Uav And Iot Are The Next Big Things in The Yield Monitoring Market
Table 4 Calibration And Accuracy of The Yield Monitoring Device Is A Major Technical Challenge
Table 5 High Initial Cost of Yield Monitoring Devices Is The Prime Concern For This Market
Table 6 Yield Monitoring Devices Market Size, By Hardware Components And Software Services, 2013 – 2020 ($Million)
Table 7 Yield Monitoring Devices Market Size, By Hardware Components, 2013 – 2020 ($Million) 
Table 8 Hardware Components Market Size, By Sensors, 2013 – 2020 ($Million)
Table 9 Sensors Market Size, By Mass Flow Sensors, 2013 – 2020 ($Million)
Table 10 Sensors Market Size, By Soil Sensors, 2013 – 2020 ($Million)
Table 11 Hardware Components Market Size, By Geography, 2013 – 2020 ($Million) 
Table 12 North America: Hardware Components Market Size, By Country, 2013 – 2020 ($Million) 
Table 13 South America: Hardware Components Market Size, By Country, 2013 – 2020 ($Million) 
Table 14 Europe: Hardware Components Market Size, By Country, 2013 – 2020 ($Million) 
Table 15 APAC: Hardware Components Market Size, By Country, 2013 – 2020 ($Million) 
Table 16 Row: Hardware Components Market Size, By Country, 2013 – 2020 ($Million) 
Table 17 Yield Monitoring Devices Market Size, By Software Solution, 2013 – 2020 ($Million) 
Table 18 Software Solutions Market Size, By Geography, 2013 – 2020 ($Million)
Table 19 North America: Software Solutions Market Size, By Country, 2013 – 2020 ($Million) 
Table 20 South America: Software Solutions Market Size, By Country, 2013 – 2020 ($Million) 
Table 21 Europe: Software Solutions Market Size, By Country, 2013 – 2020 ($Million) 
Table 22 APAC: Software Solutions Market Size, By Country, 2013 – 2020 ($Million) 
Table 23 Row: Software Solutions Market Size, By Country, 2013 – 2020 ($Million) 
Table 24 Yield Monitoring Devices Market Size, By Technology, 2013 – 2020 ($Million)
Table 25 Yield Monitoring Devices Market Size, By Guidance System, 2013 – 2020 ($Million) 
Table 26 Guidance Systems Market Size, By Geography, 2013 – 2020 ($Million)
Table 27 North America: Guidance Systems Market Size, By Country, 2013 – 2020 ($Million) 
Table 28 South America: Guidance Systems Market Size, By Country, 2013 – 2020 ($Million) 
Table 29 Europe: Guidance Systems Market Size, By Country, 2013 – 2020 ($Million) 
Table 30 APAC: Guidance Systems Market Size, By Country, 2013 – 2020 ($Million)
Table 31 Row: Guidance Systems Market Size, By Country, 2013 – 2020 ($Million)
Table 32 Yield Monitoring Devices Market Size, By Remote Sensing, 2013 – 2020 ($Million) 
Table 33 Remote Sensing Market Size, By Geography, 2013 – 2020 ($Million)
Table 34 North America: Remote Sensing Market Size, By Country, 2013 – 2020 ($Million) 
Table 35 South America: Remote Sensing Market Size, By Country, 2013 – 2020 ($Million) 
Table 36 Europe: Remote Sensing Market Size, By Country, 2013 – 2020 ($Million)
Table 37 APAC: Remote Sensing Market Size, By Country, 2013 – 2020 ($Million)
Table 38 Row: Remote Sensing Market Size, By Country, 2013 – 2020 ($Million)
Table 39 Functions of On-Farm Yield Monitoring
Table 40 Yield Monitoring Devices Market Size, By Application, 2013 – 2020 ($Million)
Table 41 Variable Rate Application (Vra) Market Size, By Geography, 2013 – 2020 ($Million) 
Table 42 Field Mapping Market Size, By Geography, 2013 – 2020 ($Million)
Table 43 Soil Monitoring Market Size, By Geography, 2013 – 2020 ($Million)
Table 44 Crop Scouting Market Size, By Geography, 2013 – 2020 ($Million)
Table 45 Other Market Size, By Geography, 2013 – 2020 ($Million)
Table 46 Yield Monitoring Market Size, By Geography, 2013 -2020 ($Million)
Table 47 North America: Yield Monitoring Market Size, By Country, 2013 – 2020 ($Million) 
Table 48 North America: Yield Monitoring Market Size, By Hardware Component And Software Service, 2013 – 2020 ($Million)
Table 49 North America: Yield Monitoring Devices Market Size, By Technology, 2013 – 2020 ($Million) 
Table 50 North America: Yield Monitoring Devices Market Size, By Application, 2013 – 2020 ($Million) 
Table 51 South America: Yield Monitoring Devices Market Size, By Country, 2013 – 2020 ($Million) 
Table 52 South America: Yield Monitoring Devices Market Size, By Hardware Component And Software Service, 2013 – 2020 ($Million)
Table 53 South America: Yield Monitoring Market Size, By Technology, 2013 – 2020 ($Million) 
Table 54 South America: Yield Monitoring Market Size, By Application, 2013 – 2020 ($Million) 
Table 55 Precision Farming Adoption Scenario in The U.K.
Table 56 Europe: Yield Monitoring Market Size, By Country, 2013 – 2020 ($Million) 
Table 57 Europe: Yield Monitoring Devices Market Size, By Hardware Component And Software Service, 2013 – 2020 ($Million)
Table 58 Europe: Yield Monitoring Market Size, By Technology, 2013 – 2020 ($Million) 
Table 59 Europe: Yield Monitoring Devices Market Size, By Application, 2013 – 2020 ($Million) 
Table 60 APAC: Yield Monitoring Market Size, By Country, 2013 – 2020 ($Million)
Table 61 APAC: Yield Monitoring Devices Market Size, By Hardware Components And Software Services, 2013 – 2020 ($Million)
Table 62 APAC: Yield Monitoring Market Size, By Technology, 2013 – 2020 ($Million) 
Table 63 APAC: Yield Monitoring Devices Market Size, By Application, 2013 – 2020 ($Million) 
Table 64 Row: Yield Monitoring Market Size, By Region, 2013 – 2020 ($Million)
Table 65 Row: Yield Monitoring Market Size, By Hardware Component And Software Solution, 2013 – 2020 ($Million)
Table 66 Row: Yield Monitoring Market Size, By Technology, 2013 – 2020 ($Million) 
Table 67 Row: Yield Monitoring Devices Market Size, By Application, 2013 – 2020 ($Million) 
Table 68 Market Ranking Analysis For Yield Monitoring, 2013
Table 69 Yield Monitoring Market Product Portfolio
Table 70 New Product Launches, 2011-2014
Table 71 Agreements, Partnerships, Collaborations, And Joint Ventures, 2011-2014 
Table 72 Business Expansions And Contracts
Table 73 Acquisitions & Mergers 
  
List of Figures (63 Figures)  

 
Figure 1 Yield Monitoring Devices And Services Market: Research Methodology
Figure 2 Global Food Production And Consumption
Figure 3 Average Wheat Production Operation Costs Per Acre in The U.S.
Figure 4 Yield Monitoring Devices Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Yield Monitoring Devices Market Size Estimation Methodology: Top-Down Approach
Figure 6 Breakdown of Primary Interviews: By Company Type, Designation, And Region
Figure 7 Yield Monitoring Application Snapshot (2013 Vs 2020)
Figure 8 Yield Monitoring Market, By Component, 2013
Figure 9 Global Yield Monitoring Market Share, By Geography, 2013
Figure 10 Attractive Market Opportunities in Yield Monitoring
Figure 11 Display Devices To Grow At The Fastest Rate Owing To The Increasing Adoption Among Farmers
Figure 12 Soil Monitoring Held The Highest Share in The Overall Yield Monitoring Market In 2013
Figure 13 APAC Acts As An Attractive Destination in The Overal Yield Monitoring Market
Figure 14 Emerging Markets Such As India, China, Mexico And Brazil Are Some of The Key Growth Regions
Figure 15 Guidance Systems Market: Asia-Pacific Is The Fastest Growing Region
Figure 16 The Overall Life Cycle For Yield Monitoring Is Expected To Be Long And Steadily Growing
Figure 17 Gnss Technology To Play A Crucial Role in Yield Monitoring
Figure 18 Yield Monitoring Market Segmentation: By Hardware Component And Software Service
Figure 19 Yield Monitoring Market Segmentation: By Technology
Figure 20 Yield Monitoring Market Segmentation: By Application
Figure 21 Yield Monitoring Market Segmentation: By Geography
Figure 22 Increasing Demand For Food Due To The Growing Population Is The Key Market Driver
Figure 23 Supply Chain: Direct Distribution Is The Most Preferred Strategy Followed By Prominant Players
Figure 24 Automation, Mechanization, And Standardization of Yield Monitoring Devices Is The Leading Trend
Figure 25 Porter’s Five Forces Analysis For The Yield Monitoring Market
Figure 26 Bargaining Power of Suppliers in The Yield Monitoring Market, 2013
Figure 27 Bargaining Power of Buyers in The Yield Monitoring Market, 2013
Figure 28 Threats of New Entrants in The Yield Monitoring Market, 2013
Figure 29 Threats of Substitutes in The Yield Monitoring Market, 2013
Figure 30 Degree of Competition in The Yield Monitoring Market, 2013
Figure 31 Yield Monitoring Components
Figure 32 The Software Solutions Market Is Expected To Grow At A Healthy Pace
Figure 33 Impact Sensor Locations in Yield Monitors
Figure 34 Consulting & Training Services
Figure 35 Yield Monitoring Technologies
Figure 36 Gnss Technology Accuracy Levels
Figure 37 Gis in Yield Monitoring
Figure 38 APAC Is Poised To Grow At The Highest Rate Among All The Regions
Figure 39 Remote Sensing Systems
Figure 40 North America Held The Highest Share For The Remote Sensing Market
Figure 41 Yield Monitoring Devices And Services Market, By Application
Figure 42 Variable Rate Application (VRA) Is Expected To Lead The Market By 2015, Relegating The Soil Monitoring Application
Figure 43 Yield Monitoring Devices And Services Market, By Geography
Figure 44 North America Yield Monitoring Devices Market Snapshot
Figure 45 South America Yield Monitoring Devices Market Snapshot
Figure 46 Europe Market Snapshot
Figure 47 Asia-Pacific Market Snapshot
Figure 48 Row Market Snapshot
Figure 49 Companies Adopted Product Innovations As The Key Growth Strategy Over The Last Three Years
Figure 50 Battle For Market Share: New Product Launches Have Been The Key Strategy
Figure 51 Geographic Revenue Mix of Major Market Players
Figure 52  AGCO Corporation: Business Overview
Figure 53 ACGO Corporation: SWOT Analysis
Figure 54 Agjunction Inc.: Business Overview
Figure 55 Agjunction Inc.:SWOT Analysis
Figure 56 AG Leader Technology: SWOT Analysis
Figure 57 Derre & Company : Business Overview
Figure 58 Deere & Company :SWOT Analysis
Figure 59 Precision Planting Inc.: SWOT Analysis
Figure 60 Raven Industries Inc.: Business Overview
Figure 61 Raven Industries Ltd.: SWOT Analysis
Figure 62 Trimble Navigation:Business Overview
Figure 63 Trimble Navigation Limited: SWOT Analysis


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