Acumen research and consulting, estimates that the global smart agriculture market is anticipated to reach market size of around US$ 25,000 Mn by 2027 and is anticipated to grow at a CAGR of around 10% in terms of revenue during the forecast period 2020 – 2027. Smart agriculture can be defined by advanced technologies as a process for carrying out agricultural activities. The advanced agriculture technologies are segmented according to type, software, service, solution and use. Innovative ways of carrying out agriculture are smart agriculture, which reduces human efforts and maximizes the resources available. Automation technologies and monitoring devices are part of accurate farming. These are used to monitor the progress of agricultural activities and monitor them. Based on economic situation and scale of agriculture, the use and feasibility of smart agricultural products. A range of uses include not only yield tracking, field companies use social media, seed searching, but also irrigation control, milk processing and many more, sophisticated technology items used in smart agriculture.
Market Insights
A major driver of global smart agriculture is the growing use of technology in agriculture. Additional key factors are expected to boost growth on the world smart agricultural market over the forecast period, increasing governments in the developed and development countries and rising global food demand worldwide. But a major factor in limiting smart agricultural market growth is that of high costs associated with the procurement and use of smart devices in agriculture. Therefore, a lack of awareness about the new technology would impede the global smart agriculture market during the forecast period.
Report coverage
The market research study on “Smart Agriculture Market (By Agriculture Type: Precision farming, Livestock monitoring, Smart Greenhouse, Fish Farm monitoring, Others; By Application: Irrigation Management, Weather Tracking & Forecasting, Water Quality Management, Crop Scouting, Fish Tracking & Fleet Navigation, Yield Monitoring, Others) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global smart agriculture market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global smart agriculture market are drug class, type, distribution channel and major geographic regions. The smart agriculture market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
In the 2019 revenue segment North America dominated the market and is forecast to increase during the forecast period. Cross-projecting North America demand is projected to boost growing government initiatives and regulations for the agriculture of the region. Different farming groups have joined forces to build a platform for education and equipment for farmers for sustainable agricultural productivity in North America Climate Smart Agriculture Alliance (NACSAA). In North America, governments are actively providing subsidies to improve the application of smart agriculture with the growing concern for water conservation. For instance, the California government has provided a discount on intelligent controllers. The highest rise in the expected period is anticipated for Asia Pacific. Although smart farming is being implemented in this area, increasing funding from the government and increased awareness of farmers will push regional demand over the forecast period. For instance, In Japan, funding has been provided by the Ministry of Agriculture to develop precision agriculture. In promoting sustainable agriculture, the farmers' association and communal agencies in each country have an important role to play. The Singapore market is expected to be significantly expanding, with imports accounting for 90 % of the total food consumption. Smallholder farmers in South America are expected to be increasingly interested in organic agriculture to increase regional consumer demand over the forecast period.
Key Players
Major players included in this report Trimble, Inc. (Trimble), Topcon Positioning Systems, Deere & Company, Heliospectra, DeLaval, Agribotix LLC, Autonomous Solutions, Inc., CNH Industrial, Antelliq, Afimilk Ltd., AKVA group, and others.
The global smart agriculture market is segmented as below:
Market Segmentation
Smart Agriculture Market By Agriculture Type
Precision farming
Livestock monitoring
Smart Greenhouse
Fish Farm monitoring
Others
Smart Agriculture Market By Application
Irrigation Management
Weather Tracking & Forecasting
Water Quality Management
Crop Scouting
Fish Tracking & Fleet Navigation
Yield Monitoring
Others
Smart Agriculture Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Smart Agriculture
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Smart Agriculture Market By Agriculture Type
1.2.2.1. Global Smart Agriculture Market Revenue and Growth Rate Comparison By Agriculture Type (2020-2027)
1.2.2.2. Global Smart Agriculture Market Revenue Share By Agriculture Type in 2019
1.2.2.2.1. Precision farming
1.2.2.2.2. Livestock monitoring
1.2.2.2.3. Smart Greenhouse
1.2.2.2.4. Fish Farm monitoring
1.2.2.2.5. Others
1.2.3. Smart Agriculture Market By Application
1.2.3.1. Irrigation Management
1.2.3.2. Weather Tracking & Forecasting
1.2.3.3. Water Quality Management
1.2.3.4. Crop Scouting
1.2.3.5. Fish Tracking & Fleet Navigation
1.2.3.6. Yield Monitoring
1.2.3.7. Others
1.2.4. Smart Agriculture Market By Geography
1.2.4.1. Global Smart Agriculture Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Smart Agriculture Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Smart Agriculture Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Smart Agriculture Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Smart Agriculture Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Smart Agriculture Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. Smart Agriculture MARKET By Agriculture Type
4.1. Global Pure Cashmere Revenue By Agriculture Type
4.2. Precision farming
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Livestock monitoring
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Smart Greenhouse
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Fish Farm monitoring
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.6. Others
4.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Smart Agriculture MARKET By Application
5.1. Global Pure Cashmere Revenue By Application
5.2. Irrigation Management
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Weather Tracking & Forecasting
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Water Quality Management
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Crop Scouting
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Fish Tracking & Fleet Navigation
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Yield Monitoring
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. Others
5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA Smart Agriculture MARKET BY COUNTRY
6.1. North America Smart Agriculture Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Smart Agriculture Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Smart Agriculture Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE Smart Agriculture MARKET BY COUNTRY
7.1. Europe Smart Agriculture Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Smart Agriculture Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC Smart Agriculture MARKET BY COUNTRY
8.1. Asia-Pacific Smart Agriculture Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Smart Agriculture Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA Smart Agriculture MARKET BY COUNTRY
9.1. Latin America Smart Agriculture Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Smart Agriculture Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA Smart Agriculture MARKET BY COUNTRY
10.1. Middle East & Africa Smart Agriculture Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Smart Agriculture Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Agriculture Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Trimble, Inc. (Trimble)
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Topcon Positioning Systems
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Deere & Company
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Heliospectra
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. DeLaval
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Agribotix LLC
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Autonomous Solutions, Inc.
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. CNH Industrial
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Antelliq
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Afimilk Ltd.
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. AKVA group
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
11.12. Others
11.12.1. Company Snapshot
11.12.2. Overview
11.12.3. Financial Overview
11.12.4. Product Portfolio
11.12.5. Key Developments
11.12.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
