Smart Farming Market reached a value of US $ 12.01 Mn. in 2022. Natural Gas is one of the dominating segment of the Global Smart Farming Market.
Smart Farming Market Overview:
The Smart Farming Market Report from Maximize Market Research provides readers with an assessment of the global market landscape via the use of a comprehensive viewpoint. This research on the Smart Farming Market looks at the scenario from 2021 to 2027, utilizing 2020 as the base year and 2016 to 2019 as the historical period. This research assists users in making key business decisions by utilizing a wealth of information presented in the study.
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Market Scope:
This research on the Smart Farming industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Smart Farming utilizing internal and external private information, as well as relevant patent and regulatory sources. The competitive environment of the Smart Farming market is backed by an examination of the many elements that impact the market on a micro and granular level. Researchers in the Smart Farming sector generate predictions and projections and compute market forecasts by thoroughly reviewing historical data, current trends, and important company announcements.
Dynamics:
The use of artificial intelligence, analytics, sensors, and other emerging technologies in farming to boost yields, as well as improve the efficiency of water and other essentials, and shape sustainability for crop cultivation, is driving the growth of the smart farming market globally. Almost 25% of greenhouse gas emissions are caused by farming, forestry, and land usage for environmental preservation. The farming industry needs to be modified as part of the climate change response. The size, speed, and productivity of agricultural tools have increased thanks to modern technology and machinery, enabling extremely effective land cultivation. Additionally, improvements in seed, irrigation, and fertilizers aid farmers worldwide in raising food yields.
Segmentation:
Irrigation management, yield monitoring, crop scouting, field mapping, weather tracking and forecasting, inventory management, and farm labor management are the segments of the smart farming market based on application. In 2022, the Yield Monitoring market category accounted for 45.1% of the total market.
by Farming Type
Precision Farming
Livestock Monitoring
Smart Greenhouse
Others
by Offering
Hardware
Software
Services
by Application
Irrigation Management
Yield Monitoring
Crop Scouting
Field Mapping
Weather tracking and forecasting
Inventory Management
Farm Labor Management
Key Players:
This report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets, depending on the client's subscription period. A team of research professionals updates and amends our data on a regular basis to reflect the most recent trends and facts. To fulfil the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff use proprietary data sources as well as a range of additional approaches. The key players in the Smart Farming industry …
1. John Deere
2. Trimble
3. Topcon Positioning Systems
4. DeLaval
5. AKVA
6. Antelliq
7. Afimilk
8. InnovaSea Systems
9. Heliospectra
10. LumiGroW
11. InnovaSea Systems
12. ABACO
13. Treemetrics
14. Raven Industries
15. AG Leader Technology
16. The Climate Corporation
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Regional Analysis:
North America (including the United States, Canada, and Mexico), Europe (including Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (including China, Japan, Korea, India, and Southeast Asia), South America (including Brazil, Argentina, and Colombia), the Middle East, and Africa have all been studied (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.
COVID-19 Impact Analysis on Smart Farming Market:
The Global Smart Farming Market Research Report offers an overview of the industry based on key variables such as market size, sales, sales analysis, and major drivers. The market is expected to grow considerably during the forecast period (2023-2029). This paper also provides the most current COVID-19 market implications. The spread of the epidemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.
Key Questions Answered in the Smart Farming Market Report are:
- What are the new competitive developments in the Smart Farming market?
- What is the market size, and share of Smart Farming ?
- How can I get sample reports/company profiles of the Smart Farming market?
- Who are the potential customers of the Smart Farming market?
- Which are the leading players in the Smart Farming market?
- How can I get company profiles on the top ten players of the Smart Farming market?
- Which region is and will provide more business opportunities for Smart Farming in the future?
- Who are the service providers of the Smart Farming industry?
- What are the key growth strategies of Smart Farming industry players?
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What's Trending in Market:Environmental protection with the help of smart farming techniquesInternet of Things (IoT) shaping smart farming marketChallenges:Lack of standardization in the smart farming industryRestraints:Lack of awareness and infrastructure of smart farming in emerging economiesHigh initial investment and limited technical knowledge and skills of farmersMarket Growth Drivers:Increasing adoption of information and communication technologies in farmingRising government support to adopt modern agricultural techniquesGrowing demand for higher crop yield owing to increasing populationGlobal Smart Farming Market Development Scenario by Players Ø Financials Information, Business Overview and Product Specification Matrix Ø Patent Analysis Briefing* [if applicable] Ø No.
of Patents Issuance by Year / by Players / By Issuing Office Ø Key Development – Product/Service Launch, Mergers & Acquisition, Joint Ventures Smart Farming Market Competition Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity.
Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Global Smart Farming Market.
2) Can we narrow the available business segments?
What all regional slits covered with covid impact analysis?
Yes, Country level splits can be modified in the study as per objectives.
