Smart Agriculture/Farming Market 2022 report covers, Top Companies, Share and Trends Analysis, Analysis of Business

The Smart Agriculture/Farming Market research provides an in-depth analysis of industry dynamics, the competitive landscape, segments, and geographies to assist readers to have a better understanding of the market. It focuses on market fluctuations, pricing structures, uncertainties, possible hazards, and development possibilities in order to assist firms in developing effective strategies for success in the Smart Agriculture/Farming industry. It also offers participants to acquire comprehensive insights into top leading company development and industrial progress in the market.

The Smart Agriculture/Farming market is set to grow at a CAGR of 10.15 % over the forecast period (2022-2027).

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Top leading companies in the global Smart Agriculture/Farming market includes : Ag Leader Technology, AgJunction, Inc., AGCO Corporation, Agribotix LLC, Argus Control Systems Ltd., Autonomous Solutions, Inc., BouMatic Robotic B.V., CropMetrics LLC, CNH Industrial, CLASS, CropZilla Software, Inc., DICKEY-john Corporation, Drone Deploy, DeLaval International AB, Deere and Company, Farm Edge, Inc., Grownetics, Inc., GEA Group, Gamaya, Granular, Inc., Raven Industries, Inc., SST Development Group, Inc., Trimble, Inc., The Climate Corporation, Topcon Corporation,

Recent Developments

In March 2021, DeLaval launched RC550 & RC700, a robot collector designed for solid floors to improve cow comfort and hoof condition. With their unique rotary manure intake system, they can handle any manure without using additional water.
In January 2021, John Deere made significant advancements to its flagship digital product, the Operations Center, by adding a new Work Planner feature allowing farmers to streamline their work setup experience and help operators work more quickly in the field. It provides farmers with a holistic tool to manage their farms, set up, plan, monitor fieldwork, and analyze their data.
In November 2020, John Deere launched the new AutoPath, a new precision ag application that uses data collected from the first pass in the field to establish precise row guidance for all subsequent field passes, regardless of the machine type or width of the equipment. AutoPath is included in the John Deere Generation 4 Automation Bundle and is available for the 4600 CommandCenter Integrated Display or the 4640 Universal Display.
In November 2019, Trimble introduced GFX-350, an android-based display useful for auto-steering application control for farms. It can be combined with the NAV-500 and NAV-900 guidance systems for different user accuracy needs.

Smart Agriculture/Farming Market segmentation:

Market segment by Type:

Hardware

Software

Services

Market segment by Application:

Precision Farming

Livestock Monitoring

Smart Greenhouse

Market Overview:

The Smart Agriculture/Farming market is expected to grow from USD 12.9 billion in 2022 to USD 20.8 billion by 2027; it is expected to grow at a CAGR of 10.15 % during the forecast period.

The Smart Agriculture/Farming market has been witnessing significant growth over the past years, mainly owing to the advancement and implementation of technologies like artificial intelligence (AI) and internet of things (IoT) in Smart Agriculture/Farming and rising pressure on food supply system, owing to rapid growing population.  

APAC is expected to grow with the highest CAGR during the forecast period

The Smart Agriculture/Farming market in APAC is expected to grow during the forecast period. The adoption rate of smart agriculture techniques is expected to grow at a high rate in APAC as this region consists of emerging countries such as India, China, and countries in Southeast Asia. The increasing adoption of variable rate technology and smart irrigation controllers, along with AI-based farm analytics services, are some of the major factors propelling the growth of the smart agriculture market in this region. The rising demand for automation of livestock farms and aquaculture farms in this region is further expected to boost the growth of the Smart Agriculture/Farming market in Asia Pacific.

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Investigator Observers Strong Growth in Specific Regions:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa).

Some key questions answered in the Smart Agriculture/Farming market report:

– What is the Smart Agriculture/Farming market growth, sales, production, consumption, import and export, trends, latest developments, etc. of each region/country?

– Which key regions or Smart Agriculture/Farming market segments will drive market development in the near future?

– The short-term and long-term factors affecting the industry due to COVID-19.

– Historical, current and future market development, growth and market size during the forecast period.

– The detailed qualitative analysis and quantitative insights provided in the report contribute to future growth.

– Comprehensive mapping of key players and the latest strategies adopted by industry players, Manufacturer behaviors analysis.

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Important functions under the reported products and main highlights:

– Detailed overview of the Smart Agriculture/Farming Market

– Changes in industry market dynamics

– History, current and projected market size in terms of volume and value

– Detailed Smart Agriculture/Farming market segmentation by type, application, etc.

– Recent industry trends and developments

– Competition Situation The high-frequency inductor market

– key company and product strategies

– shows promising growth potential and niche segments/regions

The research includes historical data from 2016 to 2022 and forecasts to 2027, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.

Impact of COVID-19 on Smart Agriculture Market:

The smart agriculture market witnessed a decline in 2020 owing to the spread of COVID-19. The outbreak had adversely impacted the supply chain of the smart agriculture market, as some of the prominent players are based in China and the US, and these countries were the worst affected countries in the pandemic in the first half of 2020. Major companies operating in the smart agriculture market, such as John Deere Trimble, DeLaval, Ponsse, The Climate Corporation, and AKVA Group, witnessed a slowdown in their normal business operations during the first half of 2020.

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