Current State of the Top Precision AG Companies
The top precision ag companies in the world are contributing to immense growth and driving innovation for the precision agriculture market. What is digital farming? Digital agriculture refers to leveraging tools to digitally collect, store, analyze, and share electronic data and/or information along the agricultural value chain. Precision agriculture specifically is satellite farming, or site-specific crop management is a farming management concept based on observing, measuring, and responding to inter and intra-field variability in crops. How much is the precision agriculture market worth? The precision agriculture market is expected to reach USD 7.8 billion by 2022. Who are the top precision ag companies in the world? Mothive ranks number 1 on our list of the top 10 precision agriculture companies, followed by CropX and Arable.
This fact sheet is to breakdown the top precision ag companies ranked by their revolutionary technology, reputation, and stellar performance on the market as of 2020. Gain the following insights into the global precision agriculture market:
- What is digital farming?
- How does precision agriculture affect agriculture?
- Who are the top precision ag companies in the world?
- How much is the precision agriculture market worth?
- Precision agriculture market stats and trends you should know.
BizVibe is already helping the top precision agriculture companies in the world connect. Connect and track the latest news and insights from these companies.
Precision Agriculture Market Stats & Trends
- The precision agriculture market is expected to garner USD 7.8 billion by 2022, registering a CAGR of 14.9 % by 2022.
- The growth of the market for precision agriculture is attributed to the increasing proliferation of the Internet of Things (IoT) and the use of advanced analytics by farmers.
- How does precision agriculture affect agriculture? Precision agriculture uses inputs – nutrients, pesticides, seeds, or water – in a sparingly and strategic way to improve productivity and resource efficiency, reduce costs, and exert minimal environmental impact.
- Precision agriculture techniques have a positive contribution to greenhouse gas reduction.
- By 2027, revenue in the global precision agriculture market is expected to grow to USD 12.86 billion.
Top 10 Precision Agriculture Companies in the World 2020
Who are the top 10 precision agriculture companies in the world in 2020? This is the complete list of the top precision ag companies.
Precision Agriculture Company
|1||Mothive||London, England, United Kingdom|
|2||CropX||Netanya, HaMerkaz, Israel|
|3||Arable||Santa Clara, California, USA|
|4||Ceres Imaging||Oakland, California, USA|
|5||AgriSync||Dallas Center, Iowa, USA|
|6||Gamaya||Morges, Vaud, Switzerland|
|7||Precision Planting||Tremont, Illinois, USA|
|9||PrecisionHawk||Raleigh, North Carolina, USA|
|10||Aker Technologies||Chicago, Illinois, USA|
Ranking number 1 on this list of the top precision ag companies in the world is Mothive. Mothive is an automated agronomy service to help farm managers maximize efficiency, reduce waste, and improve the predictability of crops. The company was founded in 2015 and is currently headquartered in London, England, United Kingdom. Mothive’s precision agriculture specialties are monitoring crops — with devices installed next to the plants collect environmental and soil data. Mothive’s Bespoke Machine Learning models predict crop growth conditions, diseases, and crop harvest. Due to its exceptional agriculture technology, Mothive has demonstrated a 21% increase in yield ($1M increase in revenue in 30ha strawberry farm).
- Founded: 2015
- Mothive Headquarters: London, England, United Kingdom
Ranking 2nd on our list of the top precision ag companies is CropX. CropX is a leading global soil sensing and agricultural analytics company, today announced the acquisition of Nebraska-based CropMetrics, a prominent provider of cloud-based, precision-irrigation tools, adding 500,000 acres under management and over 10 years of in-soil U.S. farm data. CropX’s proprietary science helps farmers better understand water usage across their fields. CropX was founded in 2013 and is currently headquartered in Netanya, HaMerkaz, Israel.
- Founded: 2013
- CropX Headquarters: Netanya, HaMerkaz, Israel
Ranking 3rd on this list of the top 10 digital farming companies is Arable. Arable is a pioneer in decision agriculture, Arable Labs builds affordable tools that help people collect and synthesize site-specific agricultural data. Arable is an agricultural business intelligence solution founded on in-field measurements. Arable enables data-driven decisions in agriculture and natural resource management with Measurements that Matter. Arable was founded in 2013 and is currently headquartered in San Francisco, California, United States.
- Founded: 2013
- Arable Quid Headquarters: Santa Clara, California, USA
Ranking 4th on this list of the top 10 precision agriculture companies is Ceres Imaging. Ceres Imaging helps farmers interpret and use their data to build more profitable and more sustainable operations. The company is a California-based aerial spectral imagery and analytics company that serves farmers and agribusinesses. Ceres Imaging utilizes proprietary sensors, analytics, machine learning models, and plant science, Ceres delivers university-validated imagery-based intelligence to farms in the US and Australia. This enables customers to identify pest, disease, water, and fertilizer issues weeks before they are visible to the naked eye. Ceres Imaging was founded in 2014 and is currently headquartered in Oakland, California, United States.
- Founded: 2014
- Ceres Imaging Headquarters: Oakland, California, USA
Ranking 5th on this list of the top 10 list of top precision ag companies in the world is AgriSync. The AgriSync platform helps teams better serve customers and support products in industries like crop production, animal agriculture, and construction. AgriSync is an agricultural mobile support platform and its focus is the people in agriculture and their collaboration for better farming. AgriSync leverages provide users an elegant software user experience, artificial intelligence and data exhaust to ensure the most important piece of modern agribusiness — the human piece — has its greatest impact. AgriSync was founded in 2014 and is currently headquartered in Dallas Center, Iowa, United States.
- Founded: 2014
- AgriSync Headquarters: Dallas Center, Iowa, USA
Ranking 6th on this list of the top precision ag companies in the world is Gamaya. Gamaya provides solutions for large-scale monitoring and diagnostics of crops for precision agriculture. Gamaya farmland analytics services rely on hyperspectral imaging for agriculture, drone-based deployment, and artificial intelligence. Gamaya farmland analytics solution improves production efficiency and risk management by facilitating optimum decision making, including the use of chemicals and fertilizers, and resulting in larger and better yields, while minimizing the impact on the environment. Gamaya was founded in 2014 and is currently headquartered in Morges, Vaud, Switzerland
- Founded: 2014
- Gamaya Headquarters: Morges, Vaud, Switzerland
Ranking 7th on this list of the top 10 precision agriculture companies in the world is Precision Planting. Precision Planting is the place for new ideas and technology that help you achieve the best possible control of depth, spacing, and germination. Precision Planting was founded in 1993 and is currently headquartered in Tremont, Illinois, USA.
- Founded: 1993
- Precision Planting Headquarters: Tremont, Illinois, USA
AgEagle ranks 8th on this list of the top 10 digital farming companies. AgEagle’s specialty is precision farming as its powerful, turnkey aerial data collection and analytics solutions help farmers and agronomists to acquire high quality, actionable intelligence that results in higher equipment efficiency, reduced crop damage, improved yield, less time on foot in the field, and increased profits. AgEagle has pioneered a proprietary, web- and aerial map-based technology solution designed to aid U.S. state and territorial departments of agriculture, growers, and processors in efficiently optimizing oversight, compliance, and enforcement of the new hemp cultivation industry fast emerging in the United States.
- Founded: 2012
- AgEagle Headquarters: Kansas, United States
Ranking 9th on this list of the top 10 agriculture technology companies is PrecisionHawk. PrecisionHawk provides drone and UAV remote sensing applications and data processing services in energy, agriculture, and telecom. PrecisionHawk is a commercial drone and data company. Founded in 2010, PrecisionHawk is headquartered in Raleigh, North Carolina with another global office in Toronto, Canada, and satellite offices around the world.
- Founded: 2010
- PrecisionHawk Headquarters: Raleigh, North Carolina, USA
Rounding out BizVibe’s list of the top 10 precision agriculture companies is Aker Technologies. Aker Technologies develops smart in-season crop management tools to accelerate the adoption of precision farming practices across the industry. Aker has developed patented computer vision and biometric sensors, along with software and service solution to detect, classify and measure pests pressure, airborne pathogens, crop diseases, and fertility issues inside the canopy of crop fields. Aker Technologies was founded in 2015 and is currently headquartered in Chicago, Illinois, USA.
- Founded: 2015
- Aker Technologies Headquarters: Chicago, Illinois, USA
This is BizVibe’s list of the top precision ag companies. Keep track of these companies on BizVibe.
The Future of the Top Precision AG Companies
The future looks promising as revenues in the global precision agriculture market is expected to reach USD 12.86 billion by 2027. The top precision ag companies are expected to continue paving the way in the market.