Smart Farming Market reached a value of US $ 12.01 Mn. in 2022. Natural Gas is one of the dominating segment of the Global Smart Farming Market.
Smart Farming Market Overview:
This Smart Farming market study’s purpose is to give an overview of the Smart Farming market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Smart Farming companies, as well as notable industry trends and prospects.
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Market Scope:
The research also focuses on the top industry players in the Global Smart Farming market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.
Drivers:
The use of artificial intelligence, analytics, sensors, and other emerging technologies in farming to boost yields, as well as improve the efficiency of water and other essentials, and shape sustainability for crop cultivation, is driving the growth of the smart farming market globally. Almost 25% of greenhouse gas emissions are caused by farming, forestry, and land usage for environmental preservation. The farming industry needs to be modified as part of the climate change response. The size, speed, and productivity of agricultural tools have increased thanks to modern technology and machinery, enabling extremely effective land cultivation. Additionally, improvements in seed, irrigation, and fertilizers aid farmers worldwide in raising food yields.
Segmentation:
by Farming Type
Precision Farming
Livestock Monitoring
Smart Greenhouse
Others
by Offering
Hardware
Software
Services
by Application
Irrigation Management
Yield Monitoring
Crop Scouting
Field Mapping
Weather tracking and forecasting
Inventory Management
Farm Labor Management
Key Players: the key players are
1. John Deere
2. Trimble
3. Topcon Positioning Systems
4. DeLaval
5. AKVA
6. Antelliq
7. Afimilk
8. InnovaSea Systems
9. Heliospectra
10. LumiGroW
11. InnovaSea Systems
12. ABACO
13. Treemetrics
14. Raven Industries
15. AG Leader Technology
16. The Climate Corporation
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Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Smart Farming market in these regions.
COVID-19 Impact Analysis on Smart Farming Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19’s influence on the Smart Farming market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Smart Farming Market Report are:
- Which product segment had the largest share in the Smart Farming market in 2020?
- How is the competitive landscape of the Smart Farming market?
- Which are the key factors aiding the Smart Farming market growth?
- Which region holds the maximum share in the Smart Farming market?
- What will be the CAGR of the Smart Farming market during the forecast period (2021-2027)?
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