Global Precision Pest Management Market 2021

Market Overview

The global precision pest management market had a value of $1,748 million in 2021 and is projected to reach $4,396 million by 2027, with a compound annual growth rate (CAGR) of 16.43% during the period 2022-2027. The market growth is expected to be driven by stringent food safety regulations and the need for increased production with reduced costs.

Pest attacks cause significant crop loss for farmers worldwide. Without crop protection, major food crops can experience yield losses of up to 70%. Weeds are responsible for 30% of these losses, followed by animal pests and pathogens at 23% and 17% respectively. According to the Food and Agriculture Organization (FAO), pests account for 20-40% of global yield losses, resulting in an economic cost of $290 billion. Crop loss figures vary across countries and crops, with stone fruits and apples in the Netherlands experiencing up to 5% yield losses, while coffee crops in Brazil can suffer losses of up to 45%. Experts estimate that pest-related yield losses increase by 10-25% for every one degree Celsius rise in global temperatures.

Product Type

Market Report

No. of Pages


Release Date

November 2022

Base Year


Forecast Period


Market Size

USD 1.8 billion in 2020

Market Segments

Application, Technology, Solution, Region



No. of Companies Mentioned


While farmers are grappling with crop losses from pests, they face pressure to increase food production to feed the growing global population. The United Nations estimates that the world population will reach 9.7 billion by 2050, with a corresponding 50% increase in global food demand. In order to meet this demand, the yield per hectare must be increased. However, the agriculture industry is experiencing a reduction in labor due to urbanization, posing a double challenge for farmers to feed a growing population with a limited workforce.

A significant portion of the population in underdeveloped countries lacks purchasing power, making it difficult for them to afford necessities like food. Therefore, increasing food production while maintaining price parity is crucial. Precision pest management plays a pivotal role in increasing food production while minimizing costs. It helps detect pests early through crop monitoring, enabling timely control measures to prevent further losses. This assists farmers in taking appropriate actions to reduce crop losses and improve yield quality. Precision pest management technologies, such as variable rate technology (VRT), sensors, and AI-based spraying systems, are essential for controlling damages and diseases that harm crops, thereby enhancing grain quantity and quality.

Precision pest management involves the use of technologies and strategies to monitor, prevent, avoid, and suppress pests, diseases, weeds, and other factors that disrupt agricultural production processes. Its purpose is to improve crop quality and minimize the negative impacts of pest control on resources like soil, water, air, plants, and humans or animals. Pests associated with agriculture include weeds, insects, and diseases. Precision pest management solutions rely on various tools and methods to mitigate the impacts of pests on crops, including monitoring and spraying.

The damage caused by pests, diseases, and weeds can be costly and irreversible. Precision pest management aims to address pest issues while reducing environmental and human health risks. With the use of different tools, early identification and reduction of pest infestations are prioritized to maximize farm productivity. This approach provides actionable information for effective pest management.

Digital farming has the potential to revolutionize agriculture by addressing various cultivation challenges through illumination, prediction, and significant influence. Predictive algorithms, analytics, and cutting-edge technologies are being developed to deal precisely and scientifically with harmful pests and plant diseases.

The COVID-19 pandemic had a widespread impact on major industries, including agriculture. Global economic instability accompanied the pandemic, leading to a decline in the gross domestic product (GDP) of all countries in 2020. However, this disruption has also spurred technological advancements and innovations across sectors, including agriculture. The pandemic has increased the adoption of artificial intelligence (AI) and the Internet of Things (IoT), thereby boosting the momentum of precision pest management.

Market Segmentation

The market is segmented based on various factors, including application, technology, solution, and region.

Segmentation by Application
Area-Wide Pest Control
Site-Specific Pest Control

Segmentation by Technology

Segmentation by Solution

Segmentation by Region
North America – U.S., Canada, and Mexico
Europe – Germany, France, Spain, Italy, The Netherlands, Denmark, and Rest-of-Europe
Asia-Pacific – India, Japan, Australia, South Korea, and Rest-of-Asia-Pacific
Middle East and Africa – Israel and Rest-of-Middle East and Africa
South America – Brazil, Argentina, Peru, and Rest-of-South America

Precision pest management is a cost-effective approach that utilizes pesticides and herbicides only where necessary, reducing input costs. This method ensures higher crop yields with fewer operating expenses. It encompasses site-specific pest control and area-wide pest control. The demand for site-specific pest control is expected to grow significantly in the forecast period from 2022 to 2027. Site-specific pest control involves managing pests within smaller, specific zones found on individual agricultural plots. This approach combines monitoring technologies with variable rate technology, allowing farmers to take more precise actions. By using specific pesticides to target pests or address existing damage, farmers can lower their pesticide input costs. Furthermore, it minimizes negative environmental impacts caused by excessive chemical usage.

Both pest monitoring and pesticide spraying are integral components of precision pest management. Either one alone cannot achieve desired outcomes. Pests or weeds must first be detected before applying pesticides/herbicides accordingly. Detection alone is insufficient if prompt action cannot be taken to eliminate the problem. Spraying holds a substantial market share due to the utilization of sensors, drones, nozzles, sprayers, and controllers. Precision sprayers, compared to conventional ones, enable more accurate application of spray by offering enhanced control during spraying. This targeted spraying approach ensures pesticides and herbicides are used only where necessary and in appropriate quantities. It reduces the likelihood of weed resistance development and decreases spraying costs. Precision spraying solutions often incorporate GPS mapping systems and weed identification sensors, allowing for precise field mapping. Traditional methods, such as manual spraying, are time-consuming and prone to inaccuracies. Therefore, modern technological solutions like robots and drones are employed to accurately apply estimated amounts of chemicals such as insecticides, fungicides, and herbicides.

In the precision pest management market, hardware holds the largest market share, exceeding 55% in 2021. The expansion of this market is driven by the increasing demand for sensors, auto steering, and variable rate spraying technologies. The hardware segment is expected to grow significantly with a high compound annual growth rate (CAGR) in the forecast period. Hardware solutions, including sensors, controllers and spraying systems, imaging devices, and others, constitute the majority of precision pest management systems. The adoption of guidance and auto steering systems has allowed farmers to reduce operational costs and save time.

North America accounted for the highest revenue, approximately $700 million, in 2021, and is projected to remain the largest region by 2027. The demand for precision pest management is escalating in North America due to labor shortages in agriculture and rising input costs. The region’s advanced technological advancements contribute to its early adoption and widespread acceptance of precision pest management solutions. North America holds the largest market share in this industry and is expected to grow at a high CAGR. The region’s remarkable growth is attributed to the increased adoption of technology-driven practices, emphasis on alternative farming techniques, and the availability of high-investment equipment in the agricultural sector. Within North America, the United States experiences the highest growth, benefiting from the presence of numerous companies and agricultural solution providers, resulting in affordable precision pest management systems for the public.

Competitive Landscape

Partnerships and collaborations play a prominent role in shaping the competitive landscape of the precision pest management market. Moreover, there has been a noticeable increase in acquisition activities within the market in recent years. As competition intensifies, companies operating in this industry must adopt collaborative strategies in order to maintain their market position. Not all precision pest management companies possess expertise across all segments. To offer comprehensive solutions, they often engage in partnerships with other industry players.

Many multinational companies allocate substantial budgets to research and development, enabling them to invest heavily in new product development. However, given the diverse segments they cater to, it would be impractical for them to dedicate excessive time and resources to one particular product. Instead, they opt to collaborate with existing manufacturers of those products. For example, in November 2019, John Deere and Volvocopter announced their alliance to jointly develop agricultural drones. Both companies will introduce VolvoDrone for spraying purposes.

The major players in the global precision pest management market include Deere & Company, BASF SE, AGRIVI, Semios, Trimble, FlyPard Analytics GmbH, and Kubota Corporation. These companies have been selected based on inputs from primary experts, as well as analyses of their domestic and international presence, product portfolios, and market penetration. The market is led by original equipment manufacturers (OEMs) and software solution providers, who hold a significant market share.

Key companies profiled in this report include PrecisionHawk, EOS Data Analytics, Deere & Company, BASF SE, AGRIVI, Kubota Corporation, TeeJet Technologies, Yanmar Co. Ltd., Semios, Suterra, Topcon, FlyPard Analytics GmbH (GeoPard Agriculture), Trimble Inc., FMC Corporation, Climate LLC.

Recent Industry Developments

In September 2022, Trimble entered into a contractual agreement to acquire Bilberry, a France-based company specializing in the manufacturing of equipment used for targeted weed spraying.

In March 2022, Deere & Company introduced the See & Spray Ultimate, a factory-installed system that enables farmers to selectively apply non-residual herbicides to weeds found among corn, soybeans, and cotton crops. The underlying technology for this innovative solution was developed by Blue River Technology, an artificial intelligence provider that Deere acquired in 2017.

In December 2021, Kubota Corporation established a partnership with Bloomfield Robotics, a company that offers plant growth monitoring services specifically designed for tree crops. Utilizing image analysis technology and artificial intelligence (AI), Bloomfield Robotics assesses plant growth and identifies pests in grapevines, blueberry bushes, and other tree crops.

In October 2021, Yanmar launched the YV01 autonomous spraying robot, which was developed in collaboration with vineyards in Europe. This cutting-edge technology aims to assist in efficient spraying operations within the agricultural industry.

Key Questions Answered

What is the projected global market size for precision pest management in terms of value from 2022 to 2027?

What are the anticipated future scenarios and revenues generated by various solutions, including software, hardware, and services?

What are the expected future scenarios and revenues generated by the technology segment, including monitoring and spraying?

What are the expected future scenarios and revenues generated by different applications of precision pest management solutions, such as site-specific pest control and area-wide pest control?

Which region has the largest market share in the global precision pest management market?

What are the anticipated future scenarios and revenues generated by different regions and countries in the global precision pest management market, such as North America, South America, Europe, the UK, China, Asia-Pacific, and the Middle East and Africa?

What is the competitive strength of key players in the global precision pest management market based on their recent developments, product offerings, and regional presence?

Which consortiums and associations are involved in the global precision pest management market, and what are their roles, focus areas, and key functions in this market?

How do key precision pest management companies rank in terms of competitive benchmarking based on market coverage and potential?

What does the technology ecosystem of precision pest management solutions consist of?

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Global Precision Pest Management Market 2021

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