The latest report titled ‘Global Smart Agriculture
Market,’ published by Emergen Research, provides the reader with a comprehensive view of the global Smart Agriculture industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Smart Agriculture market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters.
The global smart agriculture market size was USD 18.65 Billion in 2022 and is expected to register a revenue CAGR of 13.1% during the forecast period according to the latest analysis by Emergen Research. Increasing agricultural productivity across the globe is a key factor driving revenue growth of the market. Rising automation of commercial greenhouses is a major trend that is expected to provide growth opportunities in the global market. Commercial greenhouse construction has resulted from cultivators realizing the potential advantages of growing plants in a greenhouse. Cultivators have turned away from conventional lighting systems due to the ease with which Light-Emitting Diode (LED) grow lights can be included into a Common Event Adapter (CEA) setup. Despite being expensive, LED grow lights are the best choice for indoor farming due to their long-term advantages in terms of energy efficiency. In order to assist growers in automatically obtaining information on livestock in real-time, key technologies driving revenue growth of the market include Global Positioning System (GPS), Radio Frequency Identification (RFID), and biometrics for livestock. In addition, vibrations and material conditions in factories, farms, bridges, and other infrastructure are monitored by infrastructural health sensors. Infrastructure health sensors support real-time information delivery to the maintenance team when combined with an intelligent network. Agricultural robots are also being deployed to automate a variety of farming tasks, including soil upkeep, weeding, fruit picking, reaping, fertilizing, grading, and irrigation.
These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Smart Agriculture market value based on market dynamics and various growth factors. It scrutinizes several key aspects of the market, including the latest technological innovations in the industry, ongoing trends, and developmental opportunities. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market’s competitive landscape.
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The leading companies operating in the Smart Agriculture market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Smart Agriculture market and pinpoint the fundamental growth trends.
Leading companies profiled in the report are:
Agco Corporation, Deere & Company, Trimble Inc., Topcon Positioning Systems, Inc., Afimilk Ltd., Agjunction Inc., Delaval Inc., Ageagle Aerial Systems Inc, Lumigrow Inc., Raven Industries Inc.
Market Segmentation by product type:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Precision Farming
Component Outlook (Revenue, USD Billion; 2019–2032)
- Support & Maintenance
- System Integration & Deployment
- Connectivity Technology
- Global Navigation Satellite System
- Cellular IoT
- Irrigation Management
- Network Management
- Agriculture Asset Management
- Sensors & Control Systems
- LED Grow Lights
- HVAC System
- Valves & Pumps
Major Regions Covered in the Smart Agriculture Market Report:
Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Key Reasons to Buy This Report:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/smart-agriculture-market
- The report presents a thorough examination of the Smart Agriculture market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics. .
Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.
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