Smart Agriculture market

Smart Agriculture Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • Agriculture
  • 120 Pages
  • Report code : PMR-6790427

  • 4.7 (158)

Smart Agriculture Market

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Smart agriculture, allows farmers to maximize yields using minimal resources such as water, fertilizer, and seeds. By deploying sensors and mapping fields, farmers can begin to understand their crops at a micro scale, conserve resources, and reduce impacts on the environment. Smart agriculture has roots going back to the 1980s when Global Positioning System (GPS) capability became accessible for civilian use. Once farmers were able to accurately map their crop fields, they could monitor and apply fertilizer and weed treatments only to areas that required it. During the 1990s, early precision agriculture users adopted crop yield monitoring to generate fertilizer and pH correction recommendations. As more variables could be measured and entered into a crop model, more accurate recommendations for fertilizer application, watering, and even peak yield harvesting, could be made. A number of sensing technologies are used in precision agriculture, providing data that helps farmers monitor and optimize crops, as well as adapt to changing environmental factors. Smart Agriculture Market mainly covers the Smart agriculture senor and robot and other device. software and other service solution is not covered.

Smart Agriculture Market contains market size and forecasts of Smart Agriculture in Global, including the following market information:

  • Global Smart Agriculture Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global top five companies in 2021 (%)

The global Smart Agriculture market was valued at 4153.6 million in 2021 and is projected to reach US$ 7684.6 million by 2028, at a CAGR of 9.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Smart Agriculture Sensor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Smart Agriculture include Texas Instruments, John Deere, AKVA Group, Robotics Plus, AGCO Corporation, GEA Farm Technologies, CropX, Trimble Inc and Yamaha, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Smart Agriculture companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Smart Agriculture Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Smart Agriculture Market Segment Percentages, by Type, 2021 (%)

  • Smart Agriculture Sensor
  • Smart Agriculture Robot
  • Agricultural Drone
  • Others

Global Smart Agriculture Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Smart Agriculture Market Segment Percentages, by Application, 2021 (%)

  • Planting Agriculture
  • Horticulture
  • Livestock Monitoring
  • Others

Global Smart Agriculture Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Smart Agriculture Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Smart Agriculture revenues in global market, 2017-2022 (estimated), ($ millions)
  • Key companies Smart Agriculture revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Texas Instruments
  • John Deere
  • AKVA Group
  • Robotics Plus
  • AGCO Corporation
  • GEA Farm Technologies
  • CropX
  • Trimble Inc
  • Yamaha
  • Lely
  • DeLaval
  • YANMAR
  • FarmBot
  • Raven Industries
  • AG Leader Technology
  • TOPCON Positioning Systems
  • AG Junction
  • Allflex
  • AeroFarms
  • Osram Licht AG
  • XAG
  • Kebai Science
  • Shenzhen High-tech New Agriculture Technology

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