Smart Agriculture Market Size in 2021 was worth US $ 15.03 Bn. at a CAGR of 9.7 % and it is expected to reach US $ 31.52 Bn. in 2029.
Market Overview
Maximize Market research, a leading global Smart Agriculture Market research firm, that delivers data and analysis on the global and regional Smart Agriculture Market has published a report on Smart Agriculture Market . The report includes key business insights and market sizing by region, products, and applications, with a forecast till 2029.
The research analyst has said that the APAC region is a lucrative opportunity for the Smart Agriculture Market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
Market Scope
Smart Agriculture Market published by Maximize Market Research is the culmination of thorough primary and secondary research. The qualitative and quantitative data in the Smart Agriculture Market report is expected to assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. MMR report on the Smart Agriculture Market market includes a PESTLE and SWOT analysis, which aids in the development of company strategies. Smart Agriculture Market players are studied in the report based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
Segmentation
The Livestock Monitoring category has the highest percentage (22.04%) of all agriculture types in 2021. Precision livestock monitoring enables real-time monitoring of livestock welfare, output, and health to maintain optimal yields. Due to variables including growing dairy farm size and rising technical advancements, such as precision livestock monitoring, market players have been advised to concentrate on new product launches and considerable cost savings associated to livestock monitoring management. Livestock contributes significantly to agriculture as a whole, which gives it a significant role in the industry. It is an essential component of programmes aimed at reducing poverty and can be manufactured quickly because to the abundance of all necessary inputs in the nation.
According to Application, the Precision Farming Applications segment had the largest market share of xx% in 2021. Within Precision Farming Applications, the yield monitoring segment had the largest market share of 44.53%. This was due to the rising demand for agricultural growth monitoring and the reduction of overall waste through timely provision of water and minerals. Farmers can establish site-specific crop management plans while learning more about their farms and crops through yield monitoring. One of the system’s main advantages is that it displays the geographical and temporal variability in crop yields.
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Key Players
• Agjunction, Inc.
• Trimble, Inc.
• Deere & Company
• Trimble, Inc.
• AG Leader Technology
• Sst Development Group, Inc
• Agco Corporation
• The Climate Corporation
• Precision Planting, Inc.
• Semiosbio Technologies Inc.
• DeLaval
• Antelliq
• Afimilk Ltd.
• Raven Industries
• AgJunction
• Argus Control Systems Ltd.
• Agribotix LLC
• Autonomous Solutions, Inc.
• CNH Industrial
• CLAAS
• CropZilla Software, Inc.
Regional Analysis
Regional Insights helps to understand the Smart Agriculture Market on a regional level. Region-wise, analysis is done at a wide range of high-resolution regional investigations. Smart Agriculture Market research provides exact information on market participants to compete with their greatest competitors based on growth, sales, and other crucial aspects in the market. The research also provides key market-influencing the regional market growth aspects and changes in market regulation that impact the market’s current and future trends. The functioning of the Smart Agriculture Market has a significant impact on local development plans. The report enables you to analyse regional factors that affect the Smart Agriculture Market market and local growth in domestic countries.
Key Questions answered in the Smart Agriculture Market Market Report are:
- What is Smart Agriculture Market Market?
- What is the forecast period of the Smart Agriculture Market Market?
- What is the competitive scenario of the Smart Agriculture Market market?
- Which region held the largest market share in the Smart Agriculture Market ?
- What are the opportunities for the Smart Agriculture Market Market?
- What factors are affecting the Smart Agriculture Market market growth?
- Who are the key players of the Smart Agriculture Market market?
- Which company held the largest share in the Smart Agriculture Market ?
- What will be the CAGR of the Smart Agriculture Market during the forecast period?
- What key trends are likely to emerge in the Smart Agriculture Market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Smart Agriculture Market #
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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