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Global Crop Monitoring Market Report 2023 Analysis And Forecast To 2032 | Major Key Players, Trends, Business Overview, And Competitive Analysis
Crop Monitoring Global Market
Crop Monitoring Market Size, Growth Rate, And Forecast
The global crop monitoring market size grew from $2.49 billion in 2022 to $2.96 billion in 2023 at a compound annual growth rate (CAGR) of 19.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The crop monitoring market size is expected to grow to $5.26 billion in 2027 at a CAGR of 15.5%.
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Crop Monitoring Market Drivers
The increase in demand for smart agriculture and IoT in agriculture is expected to propel the growth of the crop monitoring market going forward. IoT smart farming is a system designed to monitor crop fields using sensors that monitor light, humidity, temperature, soil moisture, crop health, and irrigation system automation, allowing farmers to monitor agricultural conditions from any location.
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Crop Monitoring Market Segments
1) By Offering: Hardware, Software, Services
2) By Farm Type: Small Sized Farms, Medium Sized Farms, Large Sized Farms
3) By Technology: Variable Rate Technology, Sensing And Imagery, Automation And Robotics
4) By Application: Field Mapping, Crop Scouting And Monitoring, Soil Monitoring, Yield Mapping And Monitoring, Variable Rate Application, Weather Tracking And Forecasting, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Crop Monitoring market.
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Crop Monitoring Market Key Players
Major competitors in the Crop Monitoring market include Topcon Corporation, Trimble, The Climate Corporation, Yara International, CropX Technologies, Cropio, Earth Observing Systems, PrecisionHawk
The Table Of Content For The Crop Monitoring Market Include:
1. Executive Summary
2. Crop Monitoring Market Characteristics
3. Crop Monitoring Market Trends And Strategies
4. Crop Monitoring Market - Macro Economic Scenario
5. Crop Monitoring Market Size And Growth
……
27. Crop Monitoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Crop Monitoring Market
29. Crop Monitoring Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Crop Monitoring Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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