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Smart Farming Market 2020 Opportunities with Industry Size, Competitor Analysis and Regional Demand

10-08-2020 05:46 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Smart Farming Market

Smart Farming Market

Global smart farming market is driven by the huge increase in adoption of technology within farming globally, which is projecting a rise in estimated value from USD 7.53 billion in 2018 to an estimated value of USD 19.75 by 2026, registering a CAGR of 12.81% in the forecast period of 2019-2026.

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Few of the major competitors currently working in smart farming market are Deere & Co., Trimble Inc., AGCO Corporation, Raven Industries, GEA Farm Technologies, Lely, Afimilk Ltd., , Vertical Farm Systems, AeroFarms, Signify Holding, Osram Licht AG, Harvest Automation, AKVA Group Farmers Edge Inc., Mavrx Inc., DTN, GeoVisual Analytics, , Aglytix, and 360 Yield Center.

Global Smart Farming Market Drivers, Restraint and Key Developments:

Huge increase in the population across the globe increases the demand for food. This increases the use of technology and automation within the farming process to get the maximum yield and output.
Huge initial capital investment is a big barrier in smart farming as every farmer or person indulged into farming can’t be able to do investment at such a level.
In September 2018, Swiss farms with the support of AGCO Corporation in software and hardware officially opened swiss future farms. This has been opened to make digital agriculture more strong and feasible by giving educational and consultancy services.
Major factors covered in the report: Global Smart Farming Market

Smart Farming Market summary
Economic Impact on the Industry
Market Competition in terms of Manufacturers
Production, Revenue (Value) by geographical segmentation
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Investigation
Industrial Chain, Raw material sourcing strategy and Downstream Buyers
Marketing Strategy comprehension, Distributors and Traders
Study on Market Research Factors
Smart Farming Market Forecast
Get Detailed TOC available at https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-farming-market

Global smart farming 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 Smart Farming Market for global, Europe, North America, Asia Pacific and South America.

Key Pointers Covered in Smart Farming Market Industry Trends and Forecast

Market Size
Market Standards and Changes
Market Trials in Different Regions
Market Requirements in Different Regions
Market Shares in Different Regions
Recent Developments for Market Competitors
Sales Data for Market Competitors
Market Key Vendors and Disruptors Study
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The Smart Farming Market research covers a comprehensive analysis of the following facts:

Historical and future projections of the Smart Farming Market
Categorization of the Smart Farming Market to highlight the growth opportunities and trends influencing these segments
Varying consumption pattern of customers in various regions
Geographic analysis in terms of growth outlook, Smart Farming Market share, and major countries
Product launches, partnerships, mergers and acquisitions, and research and development projects of different Smart Farming Market players
The Smart Farming Market research is answerable to the following key questions:

Which region is outshining in terms of value by the end of 2027?
Who are the consumers utilizing Smart Farming Market for different reasons?
Which players are adopting collaboration strategy in the Smart Farming Market?
What is the CAGR of Smart Farming Market throughout the historic period 2020-2027?
Which segment registers the Smart Farming Market largest share, in terms of value?
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About Data Bridge Market Research

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