Press release
Smart Crop Scouting and Smart Spraying Market Growth Driven by AI and Precision Agriculture.
InsightAce Analytic Pvt. Ltd. Announces the release of a market assessment report on the "Smart Crop Scouting and Smart Spraying Market"-, By Application (( Smart Crop Scouting Market (Weed Detection, Disease and Damage Detection, Pest Detection, Nutrient Analysis, Others), Smart Spraying Market (Nutrient Application, Crop Protection Chemical Application, Herbicide Application)), By Product ((Smart Crop Scouting Market (Equipment (Robots, Drones/UAVs, Sensors), Software( Geographic, Information System (GIS) Software, Remote Sensing Software, Crop Management Software), (Smart Spraying Market (Tractor Mounted and Self-Propelled, Sprayers, Robotic Sprayers, Drone Sprayers)), and Global Forecasts, 2024-2031 And Segment Revenue and Forecast To 2031."The Smart Crop Scouting and Smart Spraying Market is estimated to reach over USD 11.47 billion by 2031, exhibiting a CAGR of 12.3% during the forecast period.
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Smart crop scouting leverages technologies like drones, satellites, and sensors to collect real-time data on crop health, insect presence, and soil conditions, enabling farmers to make data-driven decisions that lead to higher yields, lower input costs, and more efficient resource use. In contrast, smart spraying focuses on precisely applying pesticides, herbicides, and fertilizers only where needed, reducing waste and minimizing the environmental impact of traditional farming methods. Advanced technologies such as drones, IoT devices, artificial intelligence, and machine learning are integral to both smart crop scouting and smart spraying, enabling precise monitoring and management of crops. These innovations provide data-driven insights into crop health, pest detection, and the most effective use of inputs. With challenges like climate change and a growing global population, these technologies are essential for boosting crop yields, reducing environmental impacts, and improving resource efficiency. They offer valuable solutions for both smallholder farms and large-scale agricultural operations, enhancing operational efficiency and decision-making.
As businesses increasingly recognize the importance of data compliance and quality, data governance has become a critical focus. Intelligent data discovery systems are evolving to incorporate strong governance features, ensuring data accuracy, security, and compliance. Cloud-based smart data discovery technologies are gaining popularity, offering scalable, flexible, and cost-effective solutions for businesses looking to enhance their data analytics capabilities. Similarly, in agriculture, the rising costs of herbicides and environmental concerns about chemical overuse are driving the adoption of precision spraying technologies. These systems, such as variable rate technology (VRT) and AI-integrated smart sprayers, apply herbicides only where needed, reducing waste and minimizing environmental impact. This focus on precise application significantly addresses farmers' needs for cost savings and regulatory compliance, propelling the growth of herbicide application technologies, particularly in regions with stringent environmental regulations and high herbicide costs.
List of Prominent Players in the Smart Crop Scouting and Smart Spraying Market:
• Semios
• Bushel Inc.
• Climate LLC
• Cropin Technology Solutions Private Limited
• BASF SE
• Corteva
• DJI
• Trimble Inc.
• AGCO Corporation
• Deere & Company
• KUBOTA Corporation
• AGRIVI
• Robert Bosch GmbH
• Ag Leader Technology
• CNH Industrial N.V.
• Telus Agriculture & Consumer Goods
• Syngenta
• Taranis
• WEED-IT
• Precision AI Inc
• HARDI
• Ecorobotix SA
• BA Pumps & Sprayers
• Greeneye Technology
• Agridrones Solutions
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Market Dynamics:
Drivers:
Stricter environmental regulations around the use of chemicals in agriculture encourage the adoption of precision spraying systems. These technologies help minimize chemical runoff, soil degradation, and greenhouse gas emissions, aligning with sustainable farming practices. The integration of artificial intelligence (AI), machine learning, drones, and Internet of Things (IoT) devices into farming practices is revolutionizing crop scouting and spraying. These technologies enable precise monitoring and data collection, leading to informed decisions about pest control, nutrient application, and crop health. Governments in many regions offer subsidies, grants, and incentives to support the adoption of precision agriculture technologies. This financial support helps farmers overcome the initial cost barriers associated with smart crop scouting and spraying systems. As the agricultural sector shifts towards data-driven decision-making, smart crop scouting technologies provide farmers with valuable insights into crop health, soil conditions, and pest presence. This leads to better-informed decisions about crop management, resulting in improved productivity and sustainability.
Challenges:
Ensuring the security and privacy of the data collected by these systems, particularly when shared across platforms or integrated with cloud services, is critical but can be challenging.
Regional Trends:
North America has the largest market share during the forecast period. The North America is home to many leading AgriTech companies and research institutions that focus on developing and advancing smart farming solutions. rowing consumer awareness and demand for sustainably grown food products encourage farmers to adopt technologies that minimize their environmental footprint. However, The Asia-Pacific region is expected to experience significant growth in the smart crop scouting and spraying market due to the increasing adoption of technology in agriculture. Labor shortages, especially in countries like China and India, drive the demand for automation in agriculture. Smart spraying technologies offer labor-saving solutions, allowing farmers to cover large areas efficiently with less manual labor. However, the widespread adoption of such technologies is often limited by cost and lack of awareness, particularly among smallholder farmers.
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Recent Developments:
• In Aug. 2022, Trimble declared that it had finalized a deal to buy privately held Bilberry, a French technology business that specializes in sustainable farming methods using selective spraying. With regulatory approval and a few closing conditions, the deal is anticipated to close in the fourth quarter of 2022. There was no disclosure of the financial terms. Rising production costs, herbicide-resistant weeds, and tightening rules to promote more environmentally friendly farming methods are just a few of the difficulties farmers confront.
• In April 2023, Bosch ONE SMART SPRAY is the new brand name for BASF Smart Farming, the joint venture between Bosch and BASF Digital Farming to promote and sell smart farming technologies worldwide. Its product, formerly known as the Smart Spraying Solution, is also being marketed under a unique new brand name.
Segmentation of Smart Crop Scouting and Smart Spraying Market.
Global Smart Crop Scouting and Smart Spraying Market- By Application
• Smart Crop Scouting Market
o Weed Detection
o Disease and Damage Detection
o Pest Detection
o Nutrient Analysis
o Others
• Smart Spraying Market
o Nutrient Application
o Crop Protection Chemical Application
o Herbicide Application
Global Smart Crop Scouting and Smart Spraying Market - By Product
• Smart Crop Scouting Market
o Equipment
Robots
Drones/UAVs
Sensors
o Software
Geographic Information System (GIS) Software
Remote Sensing Software
Crop Management Software
• Smart Spraying Market
o Tractor Mounted and Self-Propelled Sprayers
o Robotic Sprayers
o Drone Sprayers
Global Smart Crop Scouting and Smart Spraying Market - By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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