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Agricultural Technology Market Supply-Demand, Investment Feasibility and Forecast

01-10-2023 07:07 PM CET | Arts & Culture

Press release from: Analytics Market Research

Global Agricultural Technology Market

Global Agricultural Technology Market

Food And Agriculture Technology And Products Market size was valued at USD 494.5 Billion in 2021 and is projected to reach USD 995.66 Billion by 2030, growing at a CAGR of 10.51% from 2023 to 2030.

The farming and food production sectors use sensors, robots, aerial imagery, GPS technology, and other food and agriculture technologies to boost productivity, cut costs, and boost sustainability and profitability. These technologies are used in food production to increase the process' efficiency and safety as well as the quality of the finished goods. They are also used in agriculture for jobs like harvest automation, seeding and weeding, and the operation of autonomous tractors. As the agriculture and food sectors look for methods to enhance their operations, it is anticipated that the adoption of these technologies will increase.

Agricultural technologies are used in hardware or machines which are used in the farming process. These technologies make the machinery work in the same way as to be done by humans and animals for farming. It has brought a revolutionary change in modern farming on the global level. Agricultural technology is used to produce machinery to be employed in agriculture and to make food products.

Several technologies such as humidity and temperature sensors, robots, aerial photography, GPS technology, and others are used in the agricultural and food industries. Robotic systems and advanced devices provide a business that is efficient, friendly, secure, and profitable. Other major technologies widely used on farms include harvesting automation, independent tractors, sowing and weeding, and drones. Farm automation technology looks at major issues such as global population growth, shortage of farmworkers, and changes in consumer preferences.

Software-as-a-service is anticipated to rule the service-type product sector of the global market for agriculture technology as a service. The global market for agriculture technology-as-a-service is anticipated to be driven by the high market share and growth potential associated with software-as-a-service technologies in the agriculture industry.

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Global Agricultural Technology Market: Major Players
Smalle Technologies
Agrasys
Agricolum
MealFood Europe
Agroptima
Sunjob
BioAgro
BioFlyTech
Agriprix

Global Agricultural Technology Market: By Types
Hardware
Software
Service

Global Agricultural Technology Market: By Applications
Fish Farming
Livestock
Others

Global Agricultural Technology Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Agricultural Technology market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions

• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?

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Analytics Market Research
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E-mail : sales@analyticsmarketresearch.com
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About Us:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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