Press release
Smart Agriculture Market Demand Overview, Growth Innovation, Latest Trends till 2029 by Key Players | Texas Instruments , John Deere , AKVA Group , Robotics Plus
****Everything You Need to Know About Smart Agriculture everything is Here....!The Comprehensive study on Smart Agriculture Market includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2023 to 2029. The Market study includes comprehensive insights on the competitive environment, description, broad product portfolio of key players, SWOT analysis, and significant business strategy implemented by rivals, revenue, Porters Five Forces Analysis, and sales projections. The report also features an impact analysis of the market dynamics, highlighting the factors currently driving and limiting market growth, and the impact they could have on the short, medium, and long-term outlook. The main goal of the paper is to further illustrate how the latest scenario, the economic slowdown, and war events effect the market for Smart Agriculture.
Smart Agriculture Market is growing at a +13.2% CAGR during the forecast period 2023-2029. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.
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Smart Agriculture Market: Overview
The latest research report published by Transparency Market Research pertains to the global smart agriculture market for the historical period 2016-2020, and the forecast period 2023-2029. Growing adoption of advanced technology in the agriculture sector in various untapped markets is projected to boost the smart agriculture market during the forecast period.
Increase in adoption of smart vehicles equipped with sensors, computer vision, and the GPS technology in the agriculture sector helps to improve the efficiency of land and creates huge demand for self-driving vehicles in agriculture. This factor is estimated to boost the smart agriculture market.
Rise in penetration of automatic hardware and software solutions in the agriculture sector helps to improve the operational efficiency and productivity of farms, which is anticipated to drive the smart agriculture market
(*If you have any special requirements, please let us know and we will provide you with the report as you wish.)
The Top Key Players profiled in the report:
Texas Instruments, John Deere, AKVA Group, Robotics Plus, AGCO Corporation, GEA Farm Technologies, CropX, Trimble Inc, Yamaha, Lely, DeLaval, YANMAR, FarmBot, Raven Industries, AG Leader Technology, TOPCON Positioning Systems, AG Junction, Allflex, AeroFarms, Osram Licht AG, XAG, Kebai Science, Shenzhen High-tech New Agriculture Technology
Industry News:
In March 2021, DeLaval introduced a manure cleaning system - robot collector RC550 and RC700, designed to improve cow comfort and especially hoof condition without using water, which further helps to save water
In December 2020, Nokia and Vodafone India Foundation announced the new deployed smart agriculture as a service solution using various sensors for improving the productivity of Indian farmers
In November 2020, John Deere, a key player of the smart agriculture market launched a new precision ag application AutoPath that helps to collect precise data regardless of machine type or width of the equipment
In November 2019, Trimble Inc., a prominent player of the smart agriculture market launched the new Android-based display GFX-350, which is helpful to control and monitor auto-steering applications for farms to obtain accurate results
Smart Agriculture Market Segmentation:
The major types of market are:
Smart Agriculture Sensor
Smart Agriculture Robot
Agricultural Drone
Others
The major applications in the market are:
Planting Agriculture
Horticulture
Livestock Monitoring
Others
Based on geography, the global market for Smart Agriculture and Disruptions has been segmented as follows:
North America - USA, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain
South America - Brazil, Colombia, Argentina, Chile
Asia Pacific includes Japan, China, Korea, India and Southeast Asia.
North America dominated the global smart agriculture market with a market share of 44.58% in 2022. It is expected to register a CAGR of 12.1% from 2022 to 2030. Growing government initiatives and regulations to enhance the agriculture industry in the region are expected to drive the North American regional demand during the forecast period. Various agricultural organizations have come together to form the North America Climate Smart Agriculture Alliance (NACSAA), a platform for educating and equipping the cultivators for sustainable agricultural productivity. With the rising concern for water conservation, governments in North America are actively providing subsidies to enhance the applications of smart irrigation. For instance, the government of California has provided a rebate on smart controllers.
The Asia Pacific is anticipated to witness the highest growth during the projected period. Although smart farming is in the adoption stage in this region, the growing government support and rising awareness among cultivators are expected to drive the regional demand during the forecast period. For instance, in Japan, the ministry of agriculture has been providing funds for developing precision agriculture. The farmers' associations and community-based organizations in each country play a major role in promoting sustainable agriculture.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Smart Agriculture
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the Smart Agriculture market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Smart Agriculture
Take a look at the full report with detailed TOC here:
https://www.marketintelligencedata.com/reports/8575425/global-smart-agriculture-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-texas-instruments-john-deere-akva-group-robotics-plus?Mode=74Sayali
Strategic Points Covered in Smart Agriculture Market Directory:
To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
To understand the structure of market by identifying its various sub segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the growth trends, future prospects, and their contribution to the total market.
To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
Smart Agriculture Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Smart Agriculture Market Analysis by Application
Cost Analysis -Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Smart Agriculture Market Forecast
Some of the key questions scrutinized in the study are:
Which companies are expanding litanies of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Smart Agriculture market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Smart Agriculture Market.
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Smart Agriculture Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the Smart Agriculture Market.
In the end, the Smart Agriculture Market report includes investment come analysis and development trend analysis. The present and future opportunities of the fastest growing international industry segments are coated throughout this report. This report additionally presents product specification, manufacturing method, and product cost structure, and price structure.
Buy Latest Version of Report :
https://www.marketintelligencedata.com/report/purchase/8575425?mode=su?Mode=74Sayali
We offer customization on the Smart Agriculture market report based on specific client requirements:
20% free customization.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
Free customization for up to 40 hours.
After-sales support for 1 year from the date of delivery.
Thank you for your interest in the Smart Agriculture Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia……
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact us:
Irfan Tamboli (Head of Sales) - market intelligence data
Phone: +1 (704) 266-3234 | +91-750-707-8687
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