The
global Smart
Agriculture/Farming Market is likely to exhibit a robust growth in the
upcoming period owing to rise in the demands and expansion of scope around the
world. Smart Agriculture/Farming involves innovating novel techniques and ways
that can be applied in agriculture. While carrying out smart farming, modern
solutions are taken up to develop fresh products. The recent vertical farming
method allows the customers to cultivate a wide range of crops in an enclosed
area. It can be performed in various settings ranging from a multi-story
building, in layers, a warehouse, as well as loaded on racks.
It
is significant that the manufacturers are putting in lump sum of investments is
carrying out research and development activities so that effective and
low-priced solutions can be offered to the customers. The Smart
Agriculture/Farming industry is attaining huge recognition across various
sectors due to its widespread usage.
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| Smart Agriculture/Farming Market |
The
factors that are influencing the Smart Agriculture/Farming market in an
optimistic manner may entail rising demands, rise in the research and
development activities, rapid urbanization, industrialization, augmented
awareness among the users, rise in the investments by the leading
manufacturers, technological enhancements,
Moreover, the concerned manufacturers are also taking up joint ventures,
partnerships and acquisitions as their major steps that is ultimately
contributing in the organic growth of the Smart Agriculture/Farming industry.
Smart
Agriculture/Farming market is segregated by product type as Livestock
Monitoring, Precision Farming, Smart Greenhouse, and others. Among all the
product types, it has been observed that the Smart Greenhouse segment is
accounting for a considerable share in the market, the reason being rise in the
trend of manufacturing bio-pharmaceutical products in a restrained surrounding,
reduction in the availability rates of cultivable land, implementation of
government incentives, steady growth in population, and augmented demands for
fresh food items.
Market Segment:
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Precision Farming
•
Livestock Monitoring
•
Smart Greenhouse
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Smart Agriculture/Farming in these regions,
from 2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Smart Agriculture/Farming market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Argus Control Systems Ltd. (Canada)
•
Agribotix LLC (U.S.)
•
Autonomous Solutions, Inc. (U.S.)
•
CNH Industrial (UK)
•
CLAAS (Germany)
•
CropZilla Software, Inc. (U.S.)
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