Information and Communications Technology
December 3, 2020

Smart Agriculture Market Surpass Value US$ 11 Bn by 2030 | CAGR 7.5%

The Global Smart Agriculture Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis. The Smart Agriculture market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of Smart Agriculture market manufacturers with market size, share, growth, market expansion, and technological innovations, as well as the industry cost structure.

The report provides an understanding of market composition and explains the role of established players and the regional contributors. The global demand is witnessing irregularities owing to outbreak of COVID-19. Based on our analysts’ observation resurgence is expected to come around in 2021. It is essential for the market players to make calculative moves in uncertain times and focus on client retention by entering long term associations. In order to maintain their share, the market players are focusing on client retention. The next five year duration is expected to bring in healthy growth to the market at a global level.

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The leading revenue generating segments have been thoroughly explained in the report along with the supporting facts. The report includes graphical and textual representation for capturing the change in market size through every year. Along with the year over year growth, aggregate growth has been calculated and represented for 2020 - 2030. Investment by the market players for enhanced production along with strategic collaborations between ecosystem participants is anticipated to ensure growth throughout the forecast period.

The market competition has been analyzed and shares held by prominent companies have been estimated. The profiles of global leading companies are described in the report. Inclusions of company profile are the overview, offerings portfolio, financial performance, strategy adopted and relevant recent collaborations. All this put together, would help the reader of report in making important business decisions.

Major players active in the global Smart Agriculture market include- Ag Leader Technology, AGCO Corporation, AgEagle Aerial Systems Inc., AgJunction Inc., Argus Control Systems Limited, BouMatic, CLAAS KGaA mbH, CNH Industrial, CROPMETRICS, CropZilla, Deere & Company, DeLaval Inc., DICKEY-john, DroneDeploy, Farmers Edge Inc., GAMAYA, GEA Group AG, Grownetics, Inc., Raven Industries, Inc., The Climate Corporation, TOPCON CORPORATION, and Trimble, Inc.

Market Segmentation as below:

component, agriculture type, farm size, and geography. Based on component, the global smart agriculture market is segmented into hardware, software, and services. The hardware segment is further sub-segmented into automation & control systems, sensors (nutrient sensor, moisture sensor, temperature sensor, and others), monitors, HVAC system, LED grow light, RFID tags & readers, and others. The services segment is further sub-segmented into system integration & consulting, maintenance & support, managed services, and others. Based on farm size, the global smart agriculture market is segmented into small, medium, and large. Based on agriculture type, the global smart agriculture market is segmented into precision farming, livestock monitoring, precision aquaculture, smart greenhouse, precision forestry, and others. The precision farming segment is sub-segmented into yield monitoring, field mapping, crop scouting, weather tracking & forecasting, irrigation management, inventory management, farm labor management, and others. The livestock monitoring is sub-segmented into milk harvesting, breeding management, feeding management, animal comfort management, and others. The smart greenhouse segment is sub-segmented into water & fertilizer management, HVAC management, yield monitoring, and others.

(Regional Output, Demand & Forecast by Countries)

By Geography

·         North America

·         Europe

·         Asia Pacific

·         Middle East & Africa

·         South America

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COVID-19 Consequences

The unforeseen global crisis: COVID-19, has made it tough for almost every sector and Smart Agriculture market is not an exception. In order to get the real time developments of Smart Agriculture market, our analysts were in touch with the active industry participants. Consequences of pandemic and temporary arrangements made by the ecosystem participants to deal with the situation have been quoted in this report. Guest mates of the industry players and our analysts related to recovery path have been highlighted.

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