Agriculture Technologies Market Growth 2019 | Size, Share, Trend, Global Analysis, Industry Strategy, Product Category and Projected to Witness a Rapid Growth by 2026

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Market Analysis: Global Agriculture Technologies Market

Global agriculture technologies market is driven by the achievement of operational efficiency and effectiveness through heavy acceptance of technology in farming practices which is projecting a rise in estimated value from USD 7.68 billion in 2018 to an estimated value of USD 19.86 billion by 2026, registering a CAGR of 12.61% in the forecast period of 2019-2026.

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Major Market Competitors/Players: Global Agriculture Technologies Market

Deere & Company, Trimble, Inc., Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, Precision Planting, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC.

Key Developments in the Market:

In October 2018, Watson decision platform for agriculture to be launched by IBM which wil integrate data and artificial intelligence within the farming. This will help the food producers and their suppliers to easily manage their raw material and finished products.

In January 2018, John deere and farm dog brought a new project to produce variable rate spray technology. This will help in controlling the pest and diseases within the livestock.

Table Of Content: Global Agriculture Technologies Market

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Agriculture Technologies Market Landscape
Part 04: Global Agriculture Technologies Market Sizing
Part 05: Five Forces Analysis
Part 06: Global Agriculture Technologies Market Segmentation By Product
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Competitive Analysis: Global Agriculture Technologies Market

Global agriculture technologies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of agriculture technologies for global, Europe, North America, Asia Pacific and South America.

Market Drivers: Global Agriculture Technologies Market

Rise in usage of technology in the farming process worldwide. As it is more effective than human work process.

Rise in the demand for food across the globe for ever growing population. This increases the necessity to adopt agricultural technology to do the agricultural work faster.

Increasing need for examining the health of the live stocks and to take the necessary steps within the growth cycle as the market is moving towards quality with quantity.

Market Restraints: Global Agriculture Technologies Market

The agricultural industry is very fragmented because of this the technology within the agriculture are not being implemented globally.

There are less skilled farmer which do not have much technological knowledge on how to use the agricultural technology

There is high initial cost in the agricultural technology implementation which restrains the people to use such tools & techniques.

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Segmentation: Global Agriculture Technologies Market

By Agriculture Type

• Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouses, Others (Orchid, Forestry, and Horticulture)

By Offering

• Hardware
 Precision Farming Hardware
 Automation and Control Systems, Sensing and Monitoring Systems
 Livestock Monitoring Hardware
 RFID Tags & Readers, Sensors, Transmitters & Mounting Equipment, GPS, Others
 Fish Farming Hardware
 GPS/GNSS, Sensors, Others
 Smart Greenhouse Hardware
 HVAC Systems, LED Grow Lights, Sensors, Others
• Software
 Local/Web Based
 Cloud Based
 Software as a Service (SaaS), Platform as a Service (PaaS)
• Services
 System Integration & Consulting, Managed Services, Connectivity Services, Assisted Professional Services, Maintenance and Support

By Application

• Precision Farming Applications, Livestock Monitoring Applications, Fish Farming Applications, Smart Greenhouse Applications, Others (Orchid, Forestry, and Horticulture)

By Geography

o North America, South America, Europe, Asia-Pacific, Middle East and Africa

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