Smart Farming Market Overview: Global Business Analysis, Scope, Size, Future Trends and Forecast to 2025

HTF Market Intelligence released a new research report of 120 pages on title 'Global Smart Farming Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Deere & Company, Trimble, AGCO, AgJunction, Raven Industries, AG Leader Technology, DeLaval, GEA Group, Precision Planting, SST Development Group, Teejet Technologies.

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Summary

Smart Farming Market is estimated to be worth USD 7.53 billion in 2018 and is projected to reach USD 13.50 billion by 2023, at a CAGR of 12.39% during the forecast period.

Smart farming is a development that highlights the use of information and communication technology in the cyber-physical farm management cycle. New technologies such as the Internet of Things and Cloud Computing are anticipated to influence this development and introduce more robots and artificial intelligence in farming. Increasing demand for food across the world, increasing adoption of technologies in agriculture and government support to adopt modern agricultural techniques are the key factors boosting the market.. The market study is being classified by Type (Precision farming , Livestock monitoring , Fish Farming , Smart greenhouse and Others), by Application (Precision farming application , Livestock monitoring application , Fish Farming Applications , Smart greenhouse application and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Competitive Landscape
Deere & Company (U.S) , Trimble (U.S) , AGCO (U.S) , AgJunction (U.S) , Raven Industries (U.S) , AG Leader Technology (U.S) , DeLaval (Sweden) , GEA Group (Germany) , Precision Planting (U.S) , SST Development Group (U.S) , Teejet Technologies (U.S) and Topcon Positioning Systems (U.S) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are DICKEY-john Corporation (U.S) , CropMetrics (U.S) , Agribotix (U.S) , The Climate Corporation (U.S) , Descartes Labs (U.S) , Gamaya (Switzerland) , Prospera Technologies (Israel) , Autonomous Tractor Corporation (US) , Decisive Farming (Canada) , Hexagon Agriculture (Brazil) and Autocopter Corp (US)..
On 11 Jan 2018, John Deere offers Intelligent Boom Control (IBC) on its 1270G Harvester in North America. A first in the harvester category, IBC provides operators with increased accuracy and productivity — bringing harvester capabilities to a whole new level.

Market Drivers
Increasing adoption of information and communication technologies in farming
Rising government support to adopt modern agricultural techniques
Growing demand for higher crop yield owing to increasing population

Market Trend
Environmental protection with the help of smart farming techniques
Internet of Things (IoT) shaping smart farming market

Restraints
Lack of awareness and infrastructure of smart farming in emerging economies
High initial investment and limited technical knowledge and skills of farmers

Opportunities
Increasing market opportunities in developing countries of Asia Pacific region such as China, India and Japan and Introduction of big data in agriculture sector

Market Leaders and their expansionary development strategies
On 06 Sept 2018, Raven Industries and Topcon Agriculture, both leaders in the precision agriculture market, announced a licensing agreement for Topcon Agriculture's use of the Slingshot Application Programming Interface (API) in its various software platforms. The Slingshot API is a software-to-software interface that benefits the end-user by providing a simple and seamless way for sharing data between software systems.
Agricultural law or Ag Law deals with the laws pertaining to agricultural infrastructure, seed, water, fertilizer, pesticide, land use, environmental issues, food production, agricultural finance, agricultural labor; agricultural marketing, agricultural insurance, farming rights, land tenure and tenancy systems, and other aspects of the agricultural processing and rural industries. As modern technologies and processes emerge, credit, intellectual property, and technology related trade and commerce issues pe

Key Target Audience
Manufacturers electronic hardware equipment
Manufacturers agricultural equipment
Smart farming software and solution providers
Smart farming technology providers
Government research agencies and private research organizations
Standardization and testing firms
Government bodies (regulatory authorities and policy-makers)
Research organizations and consulting companies

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Table of Contents

1 Market Overview

1.1 Smart Farming Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.4 Russia Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)
....Continued

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