Global Yield Monitoring Devices and Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Yield Monitoring Devices and Yield Monitoring Services.

By Technology;

GPS, GIS, Remote Sensing, and Others.

By End-User;

Agricultural Enterprises, Research Institutes, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn140023675 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Yield Monitoring Devices and Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Yield Monitoring Devices and Services Market was valued at USD 3,023.17 million. The size of this market is expected to increase to USD 4,918.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

Yield Monitoring Devices and Services measures the output of a farm and crop production through the use of sophisticated technology. This technology involves measuring crop population, inputs (water, fertilizer, chemicals, etc.), climate, soil type, pest control, and harvesting. It also includes gathering data on the quantity of harvested produce, its quality, shelf life and ease of transport. This data can then be analyzed to improve yields and ensure better quality of the produce. This demand is driven by the increasing need for high-precision farming and the growing use of the latest technologies such as artificial intelligence, robotics, drones, and big data analytics. Additionally, more and more agricultural firms are utilizing the latest technologies to increase crop yield and quality, as well as to reduce production costs and labor.

Yield monitoring is the process of collecting data about the performance of different crops, such as yield, moisture, and other crop characteristics. It is a vital part of a successful farming operation. Yield monitoring devices and services are used to help farmers monitor their crops, identify problems, and make decisions about fertilizers, irrigation, and other crop inputs.

The Global Yield Monitoring Devices and Services Market is driven by increasing industrialization and modernization of the agricultural sector, rising demand for food due to population growth, and government initiatives to improve crop yield. Additionally, the use of precision farming and the emergence of new technologies, such as Internet of Things (IoT) and artificial intelligence (AI), are expected to boost the growth of this market. However, the high cost of hardware and software and the lack of technical knowledge are some of the factors restraining the growth of the market. This market research report provides an in-depth analysis of the Global Yield Monitoring Devices and Services Market, covering the key drivers, restraints, opportunities, and challenges associated with the market. It also provides insights into the market trends and competitive landscape, and profiles the key players in the market. Additionally, the report provides an overview of the key market segments and their growth prospects.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Yield Monitoring Devices and Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Precision Agriculture

        2. Rising Awareness of Sustainable Agriculture

      2. Restraints
        1. Limited Connectivity and Infrastructure

        2. Complexity and Technical Expertise

      3. Opportunities
        1. Integration with Other Agricultural Technologies

        2. Integration with Precision Agriculture Systems

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Yield Monitoring Devices and Services Market, By Product, 2021 - 2031 (USD Million)
      1. Yield Monitoring Devices
      2. Yield Monitoring Services
    2. Global Yield Monitoring Devices and Services Market, By Technology, 2021 - 2031 (USD Million)
      1. GPS
      2. GIS
      3. Remote Sensing
      4. Others
    3. Global Yield Monitoring Devices and Services Market, By End-User, 2021 - 2031 (USD Million)

      1. Agricultural Enterprises

      2. Research Institutes

      3. Others

    4. Global Yield Monitoring Devices and Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Ag Leader Technology

      2. Deere & Company

      3. Precision Planting Inc

      4. Raven Industries Inc

      5. AgJunction Inc

      6. AGCO Corporation

      7. Trimble Navigation Limited

      8. Case IH

      9. TeeJet Technologies

      10. Topcon Precision Agriculture

  7. Analyst Views
  8. Future Outlook of the Market