Global Smart Agriculture Market, By Agriculture Type (Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse, Others), By Farm Size (Small, Medium, Large), and opportunities and forecast 2020-2027
Smart Agriculture Market Overview
Smart Agriculture Market size is poised to see AN upward flight with burgeoning international population and dynamic diets. A 2020 report revealed by international organization Food and Agriculture Organization discovered that the amount of individuals stricken by hunger would exceed 840 million by 2030 if existing trends continue.
Shrinking cultivatable land, rise in gas emissions, dearth of labour, adulteration in food merchandise, a strong agriculture offer chain and a surge in per capita consumption ar a number of the main factors boosting the increase of good agriculture systems. good agriculture is AN rising idea that involves technologies like AI, robotics, IoT, sensors, RFID tags and cloud-based code. IoT will add price to farming and produce a paradigm shift through the introduction of exactitude farming.
Smart agriculture market share from the exactitude farming section is poised to grow at a notable rate through 2027 as deep-tech agriculture strives to form farming a lot of controlled and correct. Access to reliable period of time information like crop characteristics, weather and tormenter information could be a sizeable stride in advanced farming. The idea leverages rising technologies like sensors, GPS, robotics, big data, image analytics, telematics and soil samplings to assess wet level and wet level. These trends will rework ancient agriculture into data-fueled exactitude farming and strengthen the good agriculture trade outlook.
The covid-19 Impact on Smart Agriculture Market:
|Market size available for years
|Base year considered
||Value (USD Million)
||Agriculture Type, Application, and Region
||North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
||Ag Leader Technology , AGCO Corporation , AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc., Argus Control Systems Ltd., BouMatic Robotic B.V., Crop Metrics, CLAAS KGaA mbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc., Farmers Edge Inc., Grownetics, Inc., Granular, Inc., Gamaya, GEA Group Aktiengesellschaft, Raven Industries, SST Development Group, Inc., Trimble Inc., The Climate Corporation, Topcon.
Whereas, the chemicals and accoutrements sectors were relatively affected during the pandemic. This is primarily due to uncut demand for chemicals for healthcare, life wisdom, and drawing agents. However, other elements of chemical and material sectors such as types of paints, industrial oil, construction materials are facing reduction in demand. Strict lockdown reflected in a nearly 50-60% reduction in force for raw supply and availability, which directly affected the manufacturing process. Further, halt on numerous end-use diligence directly affected the chemical demand each around the world. Smart Agriculture market Segment Overview
By Agriculture Type, Precision Farming segment accounted largest market share, The rising global demand for food and also the growing specialise in increasing profit and production by implementing advanced techniques in farming are among a couple of of the most important factors tributary to the expansion of the good agriculture market. exactness farming accounted for the most important share of the good agriculture market, by agriculture kind. this huge share are often attributed to the increasing specialise in farm potency and productivity. The implementation of exactness farming tools has the potential to vary the conception of agriculture permanently, creating ancient agricultural activities additional economical and inevitable.
By Medium Size, Medium-sized farm to steer good agriculture market throughout the forecast amount. In medium-sized farms, the utilization of technology is to grow at the best rate because of the presence of various farms across the planet. different factors for the upper penetration of technologies in medium- and large-sized farms embody higher come back on investment (RoI), flexibility within the integration of code tools in hardware instrumentality, and a large saving on labor prices with the utilization of machine-driven tools.
Market Analysis, Insights and Forecast – By Agriculture Type
· Precision Farming
· Livestock Monitoring
· Precision Aquaculture
· Precision Forestry
· Smart Greenhouse
Market Analysis, Insights and Forecast – By Farm Size
· LargeSmart Agriculture Market Regional Overview
Region-wise, in terms of regions The smart agriculture market in APAC is predicted to grow throughout the forecast period. The adoption rate of smart agriculture techniques is predicted to grow at a high rate in APAC as this region consists of rising countries like india, China, and countries in southeast asia. The increasing adoption of variable rate technology and smart irrigation controllers, along with AI-based farm analytics services, are a number of the most important factors propulsive the expansion of the sensible agriculture market during this region. The rising demand for automation of livestock farms and cultivation farms during this region is any expected to spice up the expansion of the smart agriculture market in Asia Pacific.
Smart Agriculture Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA) Smart Agriculture Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Smart Agriculture are highlighted below.
· In 2021,DeLaval launched RC550 & RC700, a robot collector designed for solid floors to improve cow comfort and hoof condition. With their unique rotary manure intake system, they will handle any manure while not using further water.Smart Agriculture Market, Key Players -
· Ag Leader Technology
· AGCO Corporation
· AgJunction, Inc.
· AgEagle Aerial Systems Inc.
· Autonomous Solutions, Inc.
· Argus Control Systems Ltd
· BouMatic Robotic B.V.
· CLAAS KGaA mbH
· Deere & Company
· DeLaval Inc.
· Farmers Edge Inc.
· Grownetics, Inc.
· Granular, Inc.
· GEA Group Aktiengesellschaft
· Raven Industries
· SST Development Group, Inc.
· Trimble Inc.
· The Climate Corporation
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Smart Agriculture Market during the forecast period?
A. Smart Agriculture market is expected to record a CAGR of ~ XX % during the forecast period.
Q2. Which segment is projected to hold the largest share in the Smart Agriculture Market?
A. Precision Farming segment is projected to hold the largest share in the Smart Agriculture Market.
Q3. What are the driving factors for the Smart Agriculture Market?
A. Saving fuel, labor, time, and soil compaction, the growing variety of pipeline studies , these are main factors driving the growth of automotive lighting market,these are main factors driving the growth of automotive lighting market.
Q4. Which Segments are covered in the Smart Agriculture Market report?
A. Agriculture Type , Application and Region, these segments are covered in the Smart Agriculture Market report.
Q5. Which are the prominent players offering Smart Agriculture Market?
A. Ag Leader Technology , AGCO Corporation , AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc., Argus Control Systems Ltd., BouMatic Robotic B.V., Crop Metrics, CLAAS KGaA mbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc., Farmers Edge Inc., Grownetics, Inc., Granular, Inc., Gamaya, GEA Group Aktiengesellschaft, Raven Industries, SST Development Group, Inc., Trimble Inc., The Climate Corporation, Topcon