Digitalization in Agriculture for Massive Crop Production to Drive the Global Agriculture 4.0 Market Through 2026

According to MarkNtel Advisors, the Global Agriculture 4.0 Market is anticipated to grow exponentially during 2021-26. It owes to the rapid adoption of modern farming tools that provide real-time farm monitoring, optimal field requirements, & weather forecasting, enabling the farmers to increase crop production with minimum human intervention & resource wastage.

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Market Report Coverage: Global Agriculture 4.0 Market

Market Segmentation
1. By Component (Hardware (Livestock Monitoring Hardware (RFID Tags and Readers, Sensors, Control Systems, GPS, Others (Drones)), Agriculture Hardware (Automation and Control System, Sensing and Monitoring Devices), Forestry Hardware (Harvesters & Forwarders (UAVs/ Drones, GPS, Cameras, RFID and Sensors, Variable Rate Controllers, Others), Fish Farm Hardware (GPS/ GNSS, Sensors, Others), GreenHouse Farming Hardware (Combined Heat and Power Systems (CHPs), Cooling Systems, Automated Irrigation Systems, pH Sensors)), Software (Cloud-Based, Local/Web Based))
2. By Application (Farming (Crop health assessment, Crop Monitoring & Spraying, Planting, Soil & Field analysis, Field Mapping, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, Financial Management), Forestry (Genetics and Nurseries, Silviculture and Fire Management, Harvesting Management, Inventory & Logistics Management), Livestock Monitoring (Heat Stress & Fertility Management, Milk Harvesting Management, Feeding Management, Animal Health & Comfort Management, Behavior Monitoring Management, Others), Fish Farm Monitoring (Tracking and Fleet Navigation, Feeding Management, Water Quality Management, Others), Smart GreenHouse (HVAC Management, Yield Monitoring, Water & Fertilizer Management, Lighting Management), Others (Aquaculture farming))
3. By End-Users (Livestock, Agroforestry, Fishing, Aquaculture)

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Region-wise Segmentation
● North America: US, Canada, Mexico
● South America: Brazil
● Europe: The UK, Germany, France, Italy, Spain, Turkey
● Asia-Pacific: China, India, Japan, South Korea
● Middle East & Africa: Israel, South Africa

Key Growth Drivers
● Increasing adoption of technologies like Variable Rate Technology (VRT), remote sensing, GPS, etc., to increase crop productivity and reduce labor overheads
● Enactment of drones for spraying, pruning, weeding, and harvesting applications helping farmers to monitor processes at farmlands remotely.

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Market Challenges
● Lack of awareness about agriculture 4.0 among farmers and the high installation costs of technology-based equipment
● Unavailability of digital literacy in rural areas due to limited network access

Market Competitors:
Trimble Inc., Deere & Company, Agco Corporation, Raven Industries, DeLaval, GEA Group, Agjunction, Antelliq, Ponsse, Komatsu Forest, DJI, Granular, Hexagon Agriculture, Crop metrics, Dickey-John.

Key Questions Answered in this Report:
1. What are the current & future trends in the Global Agriculture 4.0 Market?
2. What are the overall statistics or estimates (Overview, Size- by Value, Forecast Numbers, Segmentation, and Shares) of the Global Agriculture 4.0 Market?
3. How has the industry been evolving in terms of geography & service adoption?
4. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the Global Agriculture 4.0 Market?
6. What are the customer orientation, purchase behavior, and expectations from Agriculture 4.0 technology providers across the globe?
7. What are the region-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the Global Agriculture 4.0 Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Agriculture 4.0 Market based on a competitive benchmarking matrix?
10. What are the key results derived from surveys conducted during the Global Agriculture 4.0 Market study?

MarkNtel Advisors
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Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com

About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.