Press release
Smart Agriculture Market Size in 2023 To 2029 | Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Topcon Positioning Systems (US), DeLaval (Sweden)
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ โก๏ธ https://www.reportsnreports.com/contacts/requestsample.aspx?name=468243
Some of the key companies operating in the smart agriculture market are Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Topcon Positioning Systems (US), DeLaval (Sweden), and so on.
The research study is considered to guide the readers with an intensive valuation of the current industry trends and breakdown. The report spans the global Smart Agriculture market research data of different companies, benefits, gross margin, calculated decisions of the worldwide market, and more through tables, charts, and infographics. Other significant aspects studied in this report include demand and supply dynamics, import & export scenarios, R&D development activities, industry developments, and cost structures. In addition, consumption demand and supply figures, cost of production, and selling price of products are also estimated in this report.
This report will help new entrants or stakeholders to acknowledge the complete market dynamics. Smart Agriculture market report examines the competitive scenario along with the future market landscape with the help of various restrictions such as Porter's five forces and parent/peer market. Consider the portfolios of the key market players working in the market united with the complete detailed study of the products and services they offer. This report will help readers understand the impact of government rules during the Covid-19 pandemic and estimate the market throughout the global pandemic. The Global Smart Agriculture Market also spotlights the main players working in the sector. Their product portfolio, business policies, company profiles, and revenue share are also thoroughly described in the report. In the end, the study defines the strategies such as partnership, development, collaboration, joint projects, and others executed by the leaders to enhance their status in the sector.
The smart agriculture market is projected to reach USD 25.4 billion by 2028 from an estimated USD 16.2 billion in 2023, at a CAGR of 9.4% from 2023 to 2028. Increasing global population creating pressure on food supply system and shortage of skilled labor in agriculture industry are among the key factors driving the growth of the smart agriculture market.
Precision farming segment to lead smart agriculture market from 2023 to 2028
The rapid adoption of state-of-the-art technologies and innovative devices to cultivate high-yield crops is expected to drive the growth of the precision farming market during the forecast period. Other factors that are facilitating the adoption of precision farming tools include accessibility of better education and training modules to farmers, data sharing facilities, easy availability of financial resources, as well as increasing consumer demand for organic food.
Services segment is expected to grow at the highest CAGR during forecast period
The services segment is expected to grow at the highest CAGR during the forecast period. The growing deployment and installation of precision feeding systems, field and livestock monitoring systems, and robotic systems in farms have led to a surge in demand for specialized services for smart agriculture.
โก๏ธ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=468243
Research Coverage:
In this report, the smart agriculture market has been segmented on the basis of Offering, Agriculture Type, Farm Size, Application, and Region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions-Americas, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the smart agriculture ecosystem.
Key Benefits to Buy the Report:
This report includes statistics for the smart agriculture market based on Offering, Agriculture Type, Farm Size, Application, and Region, along with their respective market sizes.
Supply chain analysis and key industry trends have been provided for the market.
Major drivers, restraints, opportunities, and challenges for the smart agriculture market have been provided in detail in this report.
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