The global smart agriculture equipment market size was valued at USD 8.1 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of around 13.5% from 2023 to 2032.
The most recent Smart Agriculture Equipment Market statistics surveying report includes a thorough analysis of the sector, outlining the factors that will influence the company’s revenue stream over the course of the estimated events. Additionally, it provides an expressive framework of the untapped potentials in the adjacent sub-promotes to profit from practically the same actions. The analyst uses research, synthesis, and summarization of data from many sources together with an examination of important factors to offer a thorough picture of the market.
The use of cutting-edge technology in agriculture, such as Internet of Things (IoT), automation, and precision farming, to streamline operations and boost output is referred to as “smart agriculture equipment.” This covers the use of sensors, drones, GPS, robotics, and data analytics for a range of agricultural applications, including crop monitoring, animal monitoring, irrigation control, and farm management.The requirement for effective resource management in agriculture, the rising demand for food production to feed a growing world population, and the necessity for sustainable farming practises have all contributed to the market expansion of smart agriculture equipment in recent years.
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Company Profiles:
• John Deere
• CNH Industrial N.V.
• Trimble Inc.
• AGCO Corporation
• Raven Industries Inc.
• Topcon Corporation
• DeLaval Inc.
• TeeJet Technologies
• DICKEY-john Corporation
• AG Leader Technology
• Lindsay Corporation
• Precision Planting LLC
• Yara International ASA
• Kubota Corporation
• Mahindra & Mahindra Ltd.
Segmentation:
Type of Equipment:
• Precision irrigation systems
• Drone systems
• Sensors and monitoring systems
• Livestock monitoring and management systems
• Smart harvesting systems
• Automated feeding systems
• Others
Technology Used:
• Internet of Things (IoT)
• Artificial Intelligence (AI)
• Data Analytics
• Remote Sensing
• Global Positioning System (GPS)
• Others
Application Areas:
• Crop monitoring and management
• Livestock monitoring and management
• Precision irrigation
• Precision fertilization
• Smart harvesting
• Others
Regions
North America,U.S.,Canada,Mexico,Europe,Germany,U.K.,France,Italy,Spain,Russia,Rest of Europe,Asia Pacific,China,Japan,India,Australia,Korea,Rest of Asia pacific,South America,Brazil,Argentina,Colombia,Rest of South America,Middle East & Africa,UAE,Saudi Arabia,Egypt,Oman,Kuwait,South Africa,Rest of MEA
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Key Questions Answered in This Report:
- How has the global Smart Agriculture Equipment performed so far and how will it perform in the coming years?
- What are the key regional Markets?
- What has been the impact of COVID-19 on the global Smart Agriculture Equipment?
- What is the breakup of the Smart Agriculture Equipment based on the type?
- What is the breakup of the Market based on the application?
- What is the breakup of the Smart Agriculture Equipment based on the manufacturing process?
- What is the breakup of the Market based on the price range?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Smart Agriculture Equipment and who are the key players?
- What is the degree of competition in the industry?
The report has helped our clients:
- To gain competitive intelligence and uncover new opportunities
- To analyse opportunities in the Market for stakeholders by identifying high-growth segments in Smart Agriculture Equipment
- To strategically profile key players and provide details of the current competitive landscape
- To describe and forecast the Smart Agriculture Equipment size, on the basis of various segmentations and geography, in terms of value and volume
- To measure the changing needs of customers/industries
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Smart Agriculture Equipment
- To analyse strategic approaches adopted by players in the Smart Agriculture Equipment, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships
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