Intelligent Farming market

India Intelligent Farming Market, Status and Outlook (2024-2030)

  • 10 October 2024
  • Agriculture
  • 205 Pages
  • Report code : PMR-8012219

  • 4.7 (158)

Intelligent Farming Market

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India Intelligent Farming market size was valued at US$ 1.38 billion in 2024 and is projected to reach US$ 3.13 billion by 2030, at a CAGR of 14.6% during the forecast period 2024-2030.

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Integration of advanced technologies such as IoT, AI, robotics, and data analytics in agricultural practices to enhance efficiency, productivity, and sustainability of farming operations.

The Indian Intelligent Farming market is experiencing rapid growth, driven by the increasing adoption of digital technologies in agriculture, government initiatives promoting farm mechanization and precision agriculture, and the need to optimize resource use in farming.

Key factors include the push for higher agricultural productivity, growing labor shortages in rural areas, and the need to adapt to climate change impacts. The industry is seeing widespread adoption of precision agriculture techniques, including GPS-guided machinery, drone-based crop monitoring, and variable rate technology for input application. There's a growing trend towards developing AI-powered decision support systems that provide farmers with actionable insights on crop management, pest control, and harvest timing. Challenges include ensuring the affordability and accessibility of intelligent farming solutions for small and marginal farmers who constitute a significant portion of India's agricultural sector. The market is benefiting from the increasing penetration of smartphones and internet connectivity in rural areas, enabling wider adoption of mobile-based agri-tech solutions.

Key players are investing in developing integrated platforms that combine various smart farming technologies for comprehensive farm management. There's increasing focus on creating localized intelligent farming solutions that consider India's diverse agro-climatic conditions and crop varieties. The industry is also exploring the use of blockchain technology for improving traceability and transparency in agricultural supply chains. As India aims to modernize its agricultural sector and enhance farmer incomes, the intelligent farming market is expected to see sustained strong growth. The market is witnessing increased adoption of IoT sensors for soil health monitoring, weather forecasting, and livestock management. Companies are developing affordable, easy-to-use smart farming tools tailored for small-scale farmers, focusing on solutions that provide clear economic benefits.

The industry faces challenges in terms of data privacy and security concerns, and the need for robust infrastructure to support widespread adoption of intelligent farming technologies. However, the potential for significant improvements in agricultural productivity, resource efficiency, and farmer decision-making through intelligent farming solutions suggests a promising future for this market in India.

Intelligent Farming Market contains market size and forecasts of Intelligent Farming in India, including the following market information:

•    India Intelligent Farming Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    India Intelligent Farming Market Sales, 2019-2024, 2024-2030,

•    India Top five Intelligent Farming companies in 2023 (%)

Report Includes

Intelligent Farming Market presents an overview of India market for Intelligent Farming , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Intelligent Farming Market focuses on the Intelligent Farming sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Intelligent Farming market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Intelligent Farming Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Intelligent Farming Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Hydroponics

•    Aeroponics

•    Others

Segment by Applications

•    Vegetable Cultivation

•    Fruit Planting

•    Others

Key Companies covered in Intelligent Farming Market :

•    Mahindra & Mahindra

•    TAFE (Tractors and Farm Equipment Limited)

•    Rallis India Limited

•    Netafim Agricultural Financing Agency Pvt. Ltd.

•    Jain Irrigation Systems Ltd.

•    UPL Limited

•    ITC's Agri Business Division

•    CropIn Technology Solutions

•    AgroStar

•    Samunnati Financial Intermediation & Services Pvt. Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Intelligent Farming revenues in Indian market, 2019-2024 (Estimated), ($ millions)

•    Key companies Intelligent Farming revenues share in Indian market, 2023 (%)

•    Key companies Intelligent Farming sales in Indian market, 2019-2024 (Estimated),

•    Key companies Intelligent Farming sales share in Indian market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Intelligent Farming Market

•    Overview of the regional outlook of the Intelligent Farming Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Intelligent Farming Market 

•    United States Intelligent Farming Market 

•    Japan Intelligent Farming Market 

•    Germany Intelligent Farming Market 

•    South Korea Intelligent Farming Market 

•    Indonesia Intelligent Farming Market 

•    Brazil Intelligent Farming Market

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