Press release
Artificial Intelligence (AI) In Agriculture Market - Increasing Adoption of Robots in Agriculture Is Estimated to Drive The AI in Agriculture Market Growth.
Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture. Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.
United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture in the world in the past few years and it will keep leader position in the next few years. United States market took up about 42.96% the global market in 2017, while Europe was about 22.67%.
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USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.
In 2017, the global Artificial Intelligence (AI) in Agriculture market size was 240 million US$ and it is expected to reach 1100 million US$ by the end of 2025, with a CAGR of 20.8% during 2018-2025.
The key players covered in this study
IBM
Intel
Microsoft
SAP
Agribotix
The Climate Corporation
Mavrx
aWhere
Precision Hawk
Granular
Prospera Technologies
Spensa Technologies
Resson
Vision Robotics
Harvest Croo Robotics
CropX
John Deere
Gamaya
Cainthus
Market segment by Type, the product can be split into
Machine Learning
Computer Vision
Predictive Analytics
Market segment by Application, split into
Precision Farming
Livestock Monitoring
Drone Analytics
Agriculture Robots
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global Artificial Intelligence (AI) in Agriculture status, future forecast, growth opportunity, key market and key players.
To present the Artificial Intelligence (AI) in Agriculture development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Artificial Intelligence (AI) in Agriculture are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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