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Over the five years through 2025-26, the precision agriculture industry's revenue is expected to rise at a compound annual growth rate (CAGR) of 5.9%. Revenue is projected to gain modestly by 10.1% in 2025-26 to £156.5 million. Several key trends are impacting revenue and profit in the present period, particularly the acute agricultural labour shortages in the UK. The farming sector, with workforce numbers declining again in 2025, faces recruitment difficulties, especially in dairy, despite significant wage hikes. The structural factors behind these shortages, including an ageing farming population, are driving a reliance on precision agriculture systems. Technologies like GPS-guided tractors and automated irrigation systems are being adopted to maintain productivity with fewer workers, expanding beyond large farms to smaller operations as well.
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IBISWorld's research coverage on the Precision Agriculture Systems & Services industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.
The Precision Agriculture Systems & Services industry in the United Kingdom operates under the SIC industry code SP0.101. Industry operators develop systems, software and testing applications that gather, track and analyse agricultural data to improve productivity on farms. Software and systems may be packaged as individual units for sale to downstream markets or integrated into third-party products, such as farm machinery. Related terms covered in the Precision Agriculture Systems & Services industry in the United Kingdom include drivetrain, management buyout, global navigational satellite system (gnss), unmanned aerial vehicles (uavs) and global positioning system (gps).
Products and services covered in Precision Agriculture Systems & Services industry in the United Kingdom include Soil mapping, Livestock management and Variable-rate application technology.
Companies covered in the Precision Agriculture Systems & Services industry in the United Kingdom include Allflex UK Group Limited, AGCO Ltd and John Deere Ltd.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Precision Agriculture Systems & Services industry in the United Kingdom.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Precision Agriculture Systems & Services industry in the United Kingdom.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Precision Agriculture Systems & Services industry in the United Kingdom.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Precision Agriculture Systems & Services industry in the United Kingdom. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Precision Agriculture Systems & Services industry in the United Kingdom. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Precision Agriculture Systems & Services industry in the United Kingdom. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Precision Agriculture Systems & Services industry in the United Kingdom. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Precision Agriculture Systems & Services industry in the United Kingdom.
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The market size of the Precision Agriculture Systems & Services industry in the United Kingdom is £156.5m in 2026.
There are 127 businesses in the Precision Agriculture Systems & Services industry in the United Kingdom, which has grown at a CAGR of 8.4 % between 2021 and 2026.
The Precision Agriculture Systems & Services industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Precision Agriculture Systems & Services industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Precision Agriculture Systems & Services industry in the United Kingdom has been growing at a CAGR of 5.9 % between 2021 and 2026.
Over the next five years, the Precision Agriculture Systems & Services industry in the United Kingdom is expected to grow.
The biggest companies operating in the Precision Agriculture Systems & Services industry in the United Kingdom are Allflex UK Group Limited, AGCO Ltd and John Deere Ltd
Soil mapping and Livestock management are part of the Precision Agriculture Systems & Services industry in the United Kingdom.
The company holding the most market share in the Precision Agriculture Systems & Services industry in the United Kingdom is Allflex UK Group Limited.
The level of competition is low and increasing in the Precision Agriculture Systems & Services industry in the United Kingdom.