The reactions of consumers to a product already existing in the market can be known with this Global Smart Farming Market report. Moreover, this market report gives idea to clients about the market drivers and restraints extracted from SWOT analysis and also provides all the CAGR projections for the historic year 2016, base year 2017 and forecast period of 2018-2025. Market analysis included here gives an examination of various segments that are relied upon to witness the fastest development amid the estimate forecast frame. And not to mention, before giving it to the end users, all this information is assessed and validated by the market experts.
Global smart farming market is driven by the huge increase in adoption of technology within farming globally, which is projecting a rise in estimated value from USD 7.53 billion in 2018 to an estimated value of USD 19.75 by 2026, registering a CAGR of 12.81% in the forecast period of 2019-2026.
Global Smart Farming Market research report also explains an in depth description, competitive scenario, wide product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter’s five force analysis. The statistics are indicated in graphical format for a clear understanding of facts and figures. The market drivers and restraints have been explained here using SWOT analysis. The report entails a variety of steps for gathering, recording and analysing data. Global Smart Farming Market report assesses the potential market for a new product to be introduced in the market.
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Global Smart Farming Market Competitive Analysis:
Global smart farming market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Smart Farming Market for global, Europe, North America, Asia Pacific and South America.
Market Drivers:
- Huge acceptance of technology within the farming as it is more effective and efficient and utilize the resources in the best manner
- Rise in the demand for controlling and monitoring the livestock health, which helps in taking proper measures within the growth process.
- Huge increase in the population across the globe increases the demand for food. This increases the use of technology and automation within the farming process to get the maximum yield and output.
Global Smart Farming Market Major Competitors:
Few of the major competitors currently working in smart farming market are Deere & Co., Trimble Inc., AGCO Corporation, Raven Industries, GEA Farm Technologies, Lely, Afimilk Ltd., , Vertical Farm Systems, AeroFarms, Signify Holding, Osram Licht AG, Harvest Automation, AKVA Group Farmers Edge Inc., Mavrx Inc., DTN, GeoVisual Analytics, , Aglytix, and 360 Yield Center.
Deere & Company, Trimble Inc., AGCO Corporation, GEA Group Aktiengesellschaft, Raven Industries, Inc., Lely, Afimilk Ltd., Harvest Automation, OSRAM GmbH, Signify Holding, AeroFarms, Vertical Farm Systems, Allflex Inc., Mavrx Inc., GeoVisual Analytics, Farmers Edge Inc., 360 Yield Center, Aglytix & Prospera
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Market Landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis
Part 04: Market Sizing
• Market definition
• Market sizing
• Market size and forecast
Part 05: Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
Part 06: Market Segmentation By Product
• Market segmentation by product
• Market segmentation By Applications
• Market segmentation By End Users
• Comparison by product
• Others – Market size and forecast
• Market opportunity by product
Part 07: Customer Landscape
Part 08: Geographic Landscape
• Geographic segmentation
• Geographic comparison
• Americas – Market size and forecast
• EMEA – Market size and forecast
• APAC – Market size and forecast
• Key leading countries
• Market opportunity
Part 09: Decision Framework
Part 10: Drivers And Challenges
• Market drivers
• Market challenges
Part 11: Market Trends
Part 12: Vendor Landscape
• Overview
• Landscape Disruption
Part 13: Vendor Analysis
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Global Smart Farming Market,
- By Offering (Hardware, Software, Services),
- Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farm Monitoring & Others),
- Application (Smart Greenhouse Applications, Fish Farming Applications & Others),
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market:
- In September 2018, Swiss farms with the support of AGCO Corporation in software and hardware officially opened swiss future farms. This has been opened to make digital agriculture more strong and feasible by giving educational and consultancy services.
- In January 2018, South Dakota State University partnered with raven industry to establish smart agriculture amenities within the south dakota university campus
Global Smart Farming Market Segmentation:
By Offering
- Hardware
- Precision Farming Hardware
- Automation and Control Systems
- Drones/Uavs
- Irrigation Controller
- GPS/GNSS
- Flow and Application Control Devices
- Guidance and Steering
- Handheld Mobile Devices/Handheld Computers
- Displays
- Others
- Sensing and Monitoring Devices
- Yield Monitors
- Soil Sensors
- Water Sensors
- Climate Sensors
- Others
- Livestock Monitoring Hardware
- Rfid Tags and Readers
- Sensors
- Control System
- GPS
- Others
- Fish Farming Hardware
- GPS/GNSS
- Sensors
- Others
- Smart Greenhouse Hardware
- HVAC Systems
- Led Grow Lights
- Sensors
- Others
- Software
- Local/Web Based
- Cloud Based
- Platform as A Service (PaaS)
- Services
- System Integration and Consulting
- Managed Services
- Farm Operation Services
- Data Services
- Analytics
- Connectivity Services
- Assisted Professional Services
- Supply Chain Management Services
- Climate Information Services
- Others
- Assisted Professional Services
By Agriculture Type
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Fish Farm Monitoring
- Others
- By Application Type
- Precision Farming Application
- Yield Monitoring
- Field Mapping
- Crop Scouting
- Weather Tracking & Forecasting
- Irrigation Management
- Inventory Management
- Farm Labor Management
- Financial Management
- Others
- Livestock Monitoring Applications
- Feeding Management
- Heat Stress Management
- Milk Harvesting Management
- Breeding Management
- Animal Comfort Management
- Behaviour Monitoring & Management
- Others
- Fish Farming Applications
- Fish Tracking & Fleet Navigation
- Feeding Management
- Water Quality Management
- Others
- Smart Greenhouse Applications
- HVAC Management
- Yield Monitoring
- Water & Fertilizer Management
By Geography
- North America,
- South America,
- Europe,
- Asia-Pacific,
- Middle East and Africa
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