Press release
Smart Agriculture Market Astonishing Growth| AG Leader Technology, AGCO Corporation, Trimble, Inc., Precision Planting, Inc., AgJunction, Inc., Agribotix LLC, Deere & Company, The Climate Corporation, Autonomous Solutions
Smart Agriculture Market Size
The global smart agriculture market is majorly driven by an increasing adoption of smart agriculture across the world owing to growing agricultural industry, and high-demand for food crops. The growing population, and increasing automation of farm operations further supports market growth. The global smart agriculture market is driven by the increasing need to improve the quality of crops produced, maximize crop production, and enhance productivity.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1695141/?utm_source=Openpr.com-SP
The global smart agriculture market is anticipated to reach $20,635 million by 2026 according to the new research. In 2017, the hardware segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2017.
The growing requirement to monitor livestock, and minimizing the use of pesticides and fertilizers boosts the adoption of smart agriculture. Other factors driving the growth of smart agriculture market include growth in the global agricultural industry, reducing availability of labors, and increasing labor costs. Limited availability of arable land, growing environmental concerns, shifting focus towards organic food, and concerns regarding scarcity of natural resources are other factors supporting the growth of smart agriculture market. However, high initial investment restricts the growth of the smart agriculture market. While, growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the for the smart agriculture market in the coming years.
North America generated the highest revenue in the market in 2017. The increasing population, and growing demand for high quality crops drives the growth of smart agriculture market. Growing cost of labor, and increasing automation in agricultural practices further support market growth. Increasing investments and subsidies in the agriculture sector by governments are expected to boost the adoption of smart agriculture for increased productivity in farms. Increasing adoption of technologies such as Big Data, cloud-based services, GPS, and IoT among others further supplements smart agriculture market growth during the forecast period.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1695141/?utm_source=Openpr.com-SP
The different components used in smart agriculture include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the global smart agriculture market. Hardware components such as Automation & control systems, sensing devices, LED grow lights, and HVAC systems among others are widely used in farm to increase crop yield and improve productivity.
Major players in the global smart agriculture market include AG Leader Technology, AGCO Corporation, Trimble, Inc., Precision Planting, Inc., AgJunction, Inc., Agribotix LLC, Deere & Company, The Climate Corporation, Autonomous Solutions, Inc., Drone Deploy, CLAAS KGaA mbH, and CNH Industrial among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Content:
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Smart Agriculture Market Insights
3.1. Smart Agriculture Industry snapshot
3.2. Smart Agriculture - Ecosystem analysis
3.3. Smart Agriculture Market Dynamics
3.3.1. Smart Agriculture Market Forces
3.3.1.1. Smart Agriculture Market Driver Analysis
3.3.1.2. Smart Agriculture Market Restraint/Challenges analysis
3.3.1.3. Smart Agriculture Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Smart Agriculture Market PEST Analysis, 2016
3.6. Smart Agriculture Market Value Chain Analysis
3.7. Smart Agriculture Industry Trends
3.8. Competitive Ranking Analysis
4. Smart Agriculture Market Size and Forecast by Component, 2018-2026
5. Smart Agriculture Market Size and Forecast by Application, 2018-2026
6. Smart Agriculture Market Size and Forecast by Region, 2018-2026
7. Smart Agriculture Market Company Profiles
For more information on this report at: https://bit.ly/2wZAIsL
Related Report:
Asia Pacific Smart Agriculture Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast
The Asia Pacific Smart Agriculture market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD by the end of 2024 with a CAGR of XX% from 2019 to 2024.
This report is an essential reference for who looks for detailed information on Asia Pacific Smart Agriculture market. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors?? information. In addition to the data part, the report also provides overview of Smart Agriculture market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
https://www.marketstudyreport.com/reports/asia-pacific-smart-agriculture-market-report-2014-2024-market-size-share-price-trend-and-forecast?utm_source=RR-SP
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Agriculture Market Astonishing Growth| AG Leader Technology, AGCO Corporation, Trimble, Inc., Precision Planting, Inc., AgJunction, Inc., Agribotix LLC, Deere & Company, The Climate Corporation, Autonomous Solutions here
News-ID: 1778442 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
