Press release
Smart Crop Monitoring Market to Grow from $2.91 Billion in 2022 to $10.30 Billion by 2031 - Trimble Inc., Deere & Company., KUBOTA Corporation.
Smart Crop Monitoring Market
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What is the projected growth rate (CAGR) of the Global Smart Crop Monitoring market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Smart Crop Monitoring Market reached US$ 2.91 billion in 2022 and is expected to reach US$ 10.30 billion by 2031, growing with a CAGR of 17.12% during the forecast period 2024-2031.
Smart crop monitoring uses IoT, sensors, and AI to track and optimize crop health, soil conditions, and weather patterns. This technology improves efficiency, reduces resource use, and enhances yields. Data-driven insights support precision farming practices. Solar-powered sensors and drones are expanding its accessibility. It plays a pivotal role in sustainable agriculture.
Key Developments:
❁ In January 2023, CropX Technologies, a leader in digital agronomic farm management, acquired Tule Technologies, a precision irrigation company from California. This acquisition enriches the CropX Agronomic Farm Management System with advanced data-capturing technologies and strengthens its presence in managing California's drip-irrigated specialty crops, enhancing its irrigation and crop management solutions.
List of the Key Players in the Smart Crop Monitoring Market:
Trimble Inc., Deere & Company., KUBOTA Corporation., Semios., AGCO Corporation., Raven Industries, Inc., Valmont Industries, Inc., BASF SE., Hunan Rika Electronic Tech Co., Ltd, and Bayer AG.
Research Process:
Both primary and secondary data sources have been used in the global Smart Crop Monitoring Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Smart Crop Monitoring Market:
By Component: Hardware, Software, Services.
By Technology: Guidance Technology, Remote Sensing Technology, Variable Rate Technology, Automation Robotics, Others.
By Product: Sensor Technology, Drones, Robots, Handheld Devices, Software and Mobile Applications, Others.
By Farm Type: Small, Medium, Large.
By Application: Soli Monitoring, Yield Monitoring, Disease Detection & Pest Detection, Irrigation Monitoring, Nutrition Management, Weed Management, Crop Insurance, Others.
Regional Breakout:
The global Smart Crop Monitoring Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Smart Crop Monitoring Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Smart Crop Monitoring Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Smart Crop Monitoring manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Smart Crop Monitoring in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
1) What is the expected growth rate of the global market for the forecast period?
2) What are the key driving factors that are responsible to shape the fate of the Smart Crop Monitoring market during the forecast period?
3) What will be the overall size of the market during the analysis period?
4) What are the prominent market trends which influence the development of the Smart Crop Monitoring market across various regions?
5) Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
6) What are the challenges and threats that are likely to act as a barrier to the growth of the Smart Crop Monitoring market?
7) What are the major opportunities that the companies can get to attain success in the world?
For Competitve Intelligence Do refer: https://www.datamintelligence.com/competitive-intelligence
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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