The key objective of the Emergen Research report is to offer a complete assessment of the global market including major leading stakeholders of the Smart Agriculture Market. The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the global Smart Agriculture market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Smart Agriculture market.
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The global smart agriculture market size was USD 18.65 Billion in 2022 and is expected to register a revenue CAGR of 13.1% during the forecast period according to the latest analysis by Emergen Research. Increasing agricultural productivity across the globe is a key factor driving revenue growth of the market. Rising automation of commercial greenhouses is a major trend that is expected to provide growth opportunities in the global market. Commercial greenhouse construction has resulted from cultivators realizing the potential advantages of growing plants in a greenhouse. Cultivators have turned away from conventional lighting systems due to the ease with which Light-Emitting Diode (LED) grow lights can be included into a Common Event Adapter (CEA) setup. Despite being expensive, LED grow lights are the best choice for indoor farming due to their long-term advantages in terms of energy efficiency. In order to assist growers in automatically obtaining information on livestock in real-time, key technologies driving revenue growth of the market include Global Positioning System (GPS), Radio Frequency Identification (RFID), and biometrics for livestock. In addition, vibrations and material conditions in factories, farms, bridges, and other infrastructure are monitored by infrastructural health sensors. Infrastructure health sensors support real-time information delivery to the maintenance team when combined with an intelligent network. Agricultural robots are also being deployed to automate a variety of farming tasks, including soil upkeep, weeding, fruit picking, reaping, fertilizing, grading, and irrigation.
The PESTEL, PORTER, and SWOT analyses, among other approaches, were used in the study that led to the Emergen Research report. With the aid of these models, the study clarified the important financial factors that market participants in concentrated Smart Agriculture need to concentrate on in order to recognise competition and create their marketing strategy for both consumer and industrial markets. The report makes use of a variety of research techniques, such as interviews, surveys, and social media monitoring, to fully examine consumer behaviour.
Scope of the Report
The global Smart Agriculture market research study's product type, application, and region components are divided into three parts. Each segmentation is divided into chapters that go over the various details. The chapters include graphs that show year-over-year growth and segment-specific drivers and constraints. Furthermore, the study provides government forecasts for regional markets that affect the global brain metastases treatment drugs sector.
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Covid 19 Impact
The latest market intelligence report underscores the impact of the COVID-19 pandemic on the global Smart Agriculture market, offering deep insights into the pandemic’s adverse effects on the global economy and, consequently, this particular business sector. The report carefully gauges the key market-influencing factors and considers the COVID-19 pandemic as one of the contributing elements for this industry’s potential downturn. Following the pandemic, drastic changes have been observed in the market dynamics and demand trends, which have caused financial difficulties for the businesses operating in this sector. Additionally, the report assesses the COVID-19 impact on the overall growth of the Smart Agriculture market, besides preparing a future impact assessment to help readers make informed business decisions.
Key Companies Profiled in the Report are:
Agco Corporation, Deere Company, Trimble Inc., Topcon Positioning Systems, Inc., Afimilk Ltd., Agjunction Inc., Delaval Inc., Ageagle Aerial Systems Inc, Lumigrow Inc., Raven Industries Inc.
Outlook for the Region:
- This Research Consider the following Regions:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of the EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Research Methodology
Our team of analysts has performed an accurate analysis of significant market elements leveraging advanced primary and secondary research tools. They have deployed well-known analytical tools like SWOT Analysis and Porter’s Five Forces Analysis for the comprehensive market study. A great deal of vital data information related to the Smart Agriculture market has been gathered in the report from various reliable sources. Under the primary research study, detailed supply chain analysis, value chain analysis, several industry experts’ interviews, and a brief analysis of the Smart Agriculture market’s vendor landscape have been covered. Therefore, as part of secondary research, the report offers vital information pertaining to the company profiles of the key market contenders. Hence, the report’s market segmentation section looks at the global sector to scrutinize key trends, regional markets, and recent industry developments.
Global Smart Agriculture Market Segmentation by Regions:
The countries covered in the regional analysis of the Global Smart Agriculture Market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Type Outlook (Revenue, USD Billion; 2019–2032)
- Aquaculture
- Precision Farming
- Greenhouse
- Livestock
Component Outlook (Revenue, USD Billion; 2019–2032)
- Service
- Support Maintenance
- Consulting
- System Integration Deployment
- Connectivity Technology
- Global Navigation Satellite System
- Wireline
- Cellular IoT
- SIGFOX
- Wi-Fi
- Others
- Solution
- Software
- Irrigation Management
- Network Management
- Agriculture Asset Management
- Hardware
- Sensors Control Systems
- LED Grow Lights
- HVAC System
- Valves Pumps
- Others
- Software
- Service
Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
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Reasons to Purchase this Report:
- This in-depth and comprehensive research on the global Smart Agriculture market will help you improve your market research skills.
- Acquire a thorough understanding of current and future market conditions to devise strategies for overcoming obstacles and ensuring consistent growth.
- It provides an in-depth analysis of changing market trends, current and future technologies, and the various strategies used by global brain Smart Agriculture industry leaders.
- It provides advice and support to newcomers to the global Smart Agriculture market and actively assists existing businesses in increasing their market share.
- It sheds light on the plans of the industry's leading firms and market advancements in the global Smart Agriculture market.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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