India Precision Agriculture Market Size, Share, and COVID-19 Impact Analysis, By Technology (GNSS/GPS Systems, GIS, Remote Sensing, Variable Rate Technology (VRT), and Others), By Type (Automation and Control Systems, Sensing and Monitoring Devices, and Farm Management Systems), By Component (Hardware and Software), By Application (Mapping, Crop Scouting, Yield Monitoring, Soil Monitoring, Precision Irrigation, and Others), and India Precision Agriculture Market, Insight, Industry Trend, Forecasts to 2035

India Precision Agriculture Market Size Insights Forecasts to 2035

• India Precision Agriculture Market Size 2024: USD 304.32 Million
• India Precision Agriculture Market Size 2035: USD 795.21 Million
• India Precision Agriculture Market CAGR: 9.12%
• India Precision Agriculture Market Segments: Technology, Type, Component, and Application 

Precision Agriculture refers to a contemporary farming management concept that is tight with the description of the implementation of advanced technologies like GPS, remote sensing, IoT sensors, data analytics, and automation to constantly keep track of and adjust the production of crops at the level of the field. It is through the gathering of up-to-date data regarding soil conditions, weather changes, crop health, and nutrient levels that the need for water, fertilizer, and pesticide just happens to be most accurate and efficient application. The referent of the text is that variable rate technology, yield monitoring, smart irrigation systems, and drone-based crop surveillance are examples of the usage, which in turn have helped the farmers to have increased productivity, reduced input costs, improved sustainability, and minimized environmental impact.

The government of India is taking various steps to encourage precision agriculture, such as giving grants and creating policies for tech-driven farming practices, which is increasing the demand for the India precision agriculture market. They have identified the use of sensors in monitoring crops, IoT-based farm automation, and AI-based analytical tools as the areas of investment that will have the biggest impact on the government's objectives to improve the agriculture sector in India. The Indian government announced an INR 6,000 Crore (about USD 690 Million) investment to promote precision farming using technologies such as artificial intelligence, drones, and data analytics. This initiative, under the Mission for Integrated Horticulture Development (MIDH), aims to enhance crop yields by covering 15,000 acres and benefiting 60,000 farmers over five years. 

The integration of satellite imagery and drones is revolutionizing agricultural monitoring in India by offering high-resolution, real-time data on soil health, crop stress, and pest infestations. Satellite-based remote sensing, supported by platforms like ISRO's Bhuvan and private satellite networks, enables large-scale farm assessments and precision input applications. A significant trend shaping the India Precision Agriculture Market is the increasing integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies. These advanced technologies empower precision agriculture systems to analyze vast amounts of data and derive actionable insights. By leveraging AI and ML algorithms, precision agriculture systems can process data from various sources, including sensors, satellite imagery, and historical records.

Consequently, the above developments have led to a plethora of opportunities, viz. increased yields, reduced input costs, climate-smart farming, greater growth of agritech startups, and better export competitiveness of the Indian agricultural market.

Market Dynamics of the India Precision Agriculture Market:

The growth of the India precision agriculture market is driven by the rapid progress of digital technologies and the growing digitization of farming methods. Advanced technologies such as GPS systems, drones, smart sensors, and satellite images are radically changing traditional farming to data, driven, technology, technology-supported agriculture. Such devices enable farmers to obtain real-time information about the state of the soil, weather, development of plants, and the need for inputs. Besides, the use of analytics platforms allows for a more accurate application of water, fertilizer, and pesticides, which leads to higher productivity, less waste, and the adoption of sustainable, cost-efficient farming throughout India.

Precision agriculture in India is held back by several factors, including the high cost of initial investment, low levels of digital literacy among small farmers, poor rural connectivity, and fragmented landholdings, thus limiting the adoption of advanced technologies and data-driven farming solutions at a large scale.

Precision agriculture offers farmers personalized crop management tailored to each field by using a combination of technology and analytics. Some of the benefits include disease detection at the earliest stage, getting the best time for planting, reducing the use of chemicals, and better monitoring of soil fertility. Through the use of smart sensors, drones, and AI-generated insights, farmers have the capability to be more efficient, save money, operate sustainably, and produce higher quality crops, making agriculture more resilient, environmentally friendly, and capable of meeting the challenges of a changing climate and market demands.

Market Segmentation

The India precision agriculture market share is classified into technology, type, component, and application.

By Technology

The India precision agriculture market is divided by technology into GNSS/GPS systems, GIS, remote sensing, variable rate technology (VRT), and others. Among these, the GNSS/GPS segment controlled the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The GNSS/GPS segment dominated due to its critical role in enabling accurate field mapping, navigation, and real-time data collection.

By Type:

The India precision agriculture market is divided by type into automation and control systems, sensing and monitoring devices, and farm management systems. Among these, the sensing and monitoring devices dominated the market in 2024 and are anticipated to grow at a remarkable CAGR during the forecast period. The sensing and monitoring devices segment dominance is driven by its ability to provide real-time, field-specific data on soil moisture, nutrient levels, crop health, and weather conditions.

By Component:

The India precision agriculture market is divided by type of component into hardware and software. Among these, the hardware segment accounted for the highest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. This segment growth is supported by essential devices like sensors, drones, and GPS, enabling real-time monitoring, precise field operations, and efficient, technology-driven farming across India.

By Application:

The India precision agriculture market is divided by component into mapping, crop scouting, yield monitoring, soil monitoring, precision irrigation, and others. Among these, the precision irrigation segment held the largest revenue market share in 2024 and is predicted to grow at a remarkable CAGR during the forecast period. The precision irrigation segment is led by increasing water scarcity concerns and the growing need for efficient water management in agriculture.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the India precision agriculture market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Top Key Companies in India Precision Agriculture Market:

• AgroStar
• Arya.ag
• Bijak
• CropIn Technology
• DeHaat
• EM3 Agri Services
• Fasal
• Intello Labs
• Jai Kisan
• Stellapps
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the India, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the India precision agriculture market based on the below-mentioned segments:

India Precision Agriculture Market, By Technology

• GNSS/GPS Systems
• GIS
• Remote Sensing
• Variable Rate Technology (VRT)
• Others

India Precision Agriculture Market, By Type

• Automation and Control Systems
• Sensing and Monitoring Devices
• Farm Management Systems

India Precision Agriculture Market, By Component

• Hardware
• Software

India Precision Agriculture Market, By Application 

• Mapping, Crop Scouting
• Yield Monitoring
• Soil Monitoring
• Precision Irrigation
• Others