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:
The Smart Farming market research report looks into and analyses the market’s position during the predicted period. It is an in-depth study that focuses on fundamental and secondary drivers, market dominance, key segments, and geographic analysis. The research also looks at notable individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and corporate strategy.
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Market Scope:
We examined the Smart Farming Market from every angle conceivable, including both primary and secondary research methodologies. This helped us better grasp current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and consumer behavior. The information is then gathered and evaluated using a variety of market estimations and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.
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:
Primary and secondary research is used to identify market leaders, as well as primary and secondary research to assess market revenue. As part of the core study, in-depth interviews with major thought leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals were done. In-depth interviews with notable thought leaders and industry specialists, such as experienced front-line personnel, CEOs, and marketing professionals, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to compute percentage splits, market shares, growth rates, and global market breakdowns that are then compared to historical data. This report includes the following players:
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 research examines the local industry in-depth, utilizing both qualitative and quantitative data. It provides an overview and prediction of the global Smart Farming market segment by segment. It also projects and estimates the market size for five key regions from 2021 to 2027: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. The Smart Farming market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.
COVID-19 Impact Analysis on Smart Farming Market:
We thoroughly researched and analyzed the Global Smart Farming Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global Smart Farming industry’s potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The study’s main goal is to provide industrial enterprises with a strategic analysis of COVID-19’s impact. This analysis looked at the marketplaces of key countries at the same time and emphasized their market potential.
Key Questions Answered in the Smart Farming Market Report are:
- What are the most promising high-growth opportunities in the global Smart Farming sector, as defined by product category, End User, and Region?
- Which Smart Farming market segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Smart Farming market dynamics? What are the primary drivers and obstacles in the Smart Farming market?
- What are the Smart Farming market’s business risks and dangers?
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