Press release
Smart Agriculture Market Forecast: USD 32.1 Billion Milestone by 2030 with Robust CAGR 10.4%
The smart agriculture market was valued at USD 13.17 billion in 2021. It is projected to grow to USD 32.1 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.4% during the forecast period (2022 - 2030).๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/smart-agriculture-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Digital agriculture, often known as smart farming or e-agricultural, is a major driver of the smart agriculture industry. It entails the use of digital instruments to gather, store, analyze, and distribute electronic data and/or information in agriculture. The Food and Agriculture Organization of the United Nations refers to this development as the digital agricultural revolution. Digital agriculture includes precision agriculture, although its significance extends beyond on-farm productivity. It has an impact on the entire agri-food value chain, including pre-production planning, on-farm operations, and post-production activities.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โ The increased demand for food, paired with limited arable land, makes technical intervention urgently needed to dramatically improve production per hectare.
โ Other reasons propelling this industry include increased demand for organic goods, improved yields, investments from both the public and private sectors, farmers' increasing incomes and purchasing power, and easy financing choices.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/179/2
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The market is anticipated to be competitive and fragmented due to the existence of numerous firms. Here is the list of the leading companies operating in the smart agriculture market:
โข AG Leader Technology
โข AGCO Corporation
โข Trimble Inc.
โข Precision Planting Inc.
โข AgJunction Inc.
โข Agribotix LLC
โข Deere & Company
โข The Climate Corporation
โข Autonomous Solutions Inc.
โข Drone Deploy
โข Raven Industries
โข CLAAS KGaA mbH
โข CNH Industrial.
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐
โข ๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ : Utilizes GPS, IoT, and data analytics to monitor crop health, soil conditions, and weather patterns. This helps in making informed decisions regarding planting, fertilizing, and harvesting.
โข ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ : Implements wearable devices and sensors to monitor the health, activity, and productivity of livestock, improving animal welfare and farm efficiency.
โข ๐๐ฆ๐๐ซ๐ญ ๐๐ซ๐๐๐ง๐ก๐จ๐ฎ๐ฌ๐๐ฌ: Incorporates climate control systems, sensors, and automated irrigation to optimize growing conditions and increase crop yields.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/smart-agriculture-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The smart agriculture market is mainly segmented based on component, application, and region. According to the component analysis, software is likely to dominate the market over the projection period. Rising demand for agriculture automation will lead to an increase in the production of various smart agricultural instruments, dairy products, and other remote sensing devices, which are the primary drivers of this industry quickly.
Furthermore, the application research predicts that smart greenhouse segment will lead the market throughout the projection period due to the increasing demand for well-developed irrigation systems and growing environmental concerns.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Plastic Injection Molding Machine Market: https://www.polarismarketresearch.com/industry-analysis/plastic-injection-molding-machine-market
Team Collaboration Software Market: https://www.polarismarketresearch.com/industry-analysis/team-collaboration-software-market
Physical Security Market: https://www.polarismarketresearch.com/industry-analysis/physical-security-market
Spatial OMICS Market: https://www.polarismarketresearch.com/industry-analysis/spatial-omics-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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