Smart Agriculture Market Growth Outlook To 2027: Leading Players AGCO Corporation, Ag Junction Inc., AG Leader Technology, Deere & Company, Raven Industries, SST Development Group

The "Smart Agriculture Market to 2025 - Global Analysis and Forecast by Product Type (Hardware (Sensor Based Monitoring System, Smart Detection System, GPS Enabled Ranging System and Drones), software and services (Climate Information system, Supply Chain Management, others)), and Application (Precision farming, Livestock monitoring, yield monitoring, Soil health monitoring, Irrigation System, Forestry, VRT, Asset Management and Green House) - Global Analysis and Forecast" The scope of study involves understanding on the factors responsible for this growth of smart agriculture market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant smart agriculture players in the market and their key developments.

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Smart Agriculture Market to 2025 - Global Analysis and Forecast by product type and application, smart agriculture market is expected to grow US$ 30.01 billion by 2025 from US$ 11.30 billion in 2016.

Smart agriculture can be defined as an application of new generation techniques into the traditional agriculture practices. The smart agriculture concept is anticipated to bring in another green revolution around the world. The smart agriculture system comprises of the real potential to facilitate more sustainable and productive agricultural production, through better precision and resource - optimization approach.

The report profiles key players such AGCO Corporation, Ag Junction Inc., AG Leader Technology, Deere & Company, Raven Industries, Inc., Semiosbio Technologies Inc., SST Development Group, Inc., Teejet Technologies, Topcon Precision Agriculture and Trimble Navigation Limited, among others.

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Some of the remarkable acquisitions and partnership in this industry includes acquisition of Precision Planting LLC of the Climate Corporation by the AGCO Corporation. Through this acquisition the company aims to strengthen its global leadership in planting technology and solidify its position for professional farmers as a full line partner across the globe. Furthermore, the company Ag leader technologies teamed up with the New Leader Technologies (a division of Highway Equipment Co.) to specialize in precise and responsible nutrient application in North America with the recent introduction of the NL5000 G5 Crop Nutrient Applicator.

The global smart agriculture market by geography is segmented into six region including north America, Europe, Asia Pacific, Middle East & Africa and South America. APAC is expected to account for the largest share of the global smart agriculture market in 2016, followed by Europe. Germany and UK being two key countries in Europe. APAC will lead smart agriculture market in this region and is also expected to continue its dominance throughout the forecast period from 2017 to 2025.

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Reasons To Buy

oSave and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart agriculture market.
oHighlights key business priorities in order to assist companies to realign their business strategies.
oThe key findings and recommendations highlight crucial progressive industry trends in the smart agriculture market, thereby allowing players across the value chain to develop effective long term strategies
oDevelop/modify business expansion plans by using substantial growth offering developed and emerging markets.
oScrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
oEnhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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