Smart Agriculture Market Report Overview:
Smart Agriculture Market size was valued at US$ 16.50 Bn in 2023. The Global Smart Agriculture Market is estimated to grow at a CAGR of 9.3% over the forecast period.
The Smart Agriculture market analysis report not only estimates the market, but it also shows that this is a vibrant and changing industry. The study's proposals would give industry participants a practical instrument for making choices. Purchasing the complete Smart Agriculture market research package makes sense if you want to succeed in the long run and maintain your competitive advantage. The market research report on Smart Agriculture covers a thorough examination of a number of industry components, including as strategies, models, and well-known competitors worldwide.
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Smart Agriculture Market Report Scope and Research Methodology
The Smart Agriculture Market Report offers a comprehensive analysis of the global Smart Agriculture industry, focusing on emerging trends, growth drivers, challenges, and opportunities within the sector. The scope of this report encompasses a diverse range of compact, lightweight transportation solutions, such as electric scooters, bikes, and skateboards, designed for short-distance urban travel.
Our research methodology employs a blend of primary and secondary research to ensure accuracy and reliability. Primary research involves direct engagement with key stakeholders, including Smart Agriculture service providers, manufacturers, regulatory bodies, and end-users. Through interviews and surveys, we gather firsthand insights into market dynamics, user preferences, and regulatory landscapes influencing the Smart Agriculture market.
Smart Agriculture Market Regional Insights
Each regional Smart Agriculture sector is thoroughly investigated to determine its current and future growth prospects. The Smart Agriculture report covers the five regions and their country-wise distribution are:
North America - (U.S., Canada, and Mexico)
Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America - (Brazil, Argentina, Colombia, and Rest of South America)
Smart Agriculture Market Segmentation:
The market is divided into three segments: connectivity technology, services, and solutions. In 2023, the smart agriculture market was dominated by the Solution category, with a 55.4% share. Smart agriculture solutions contribute to increased crop output by the monitoring of several elements such as air quality, water quality, fertiliser and mineral quality, among others. With the help of front-end environmental sensors, monitoring systems, and equipment controllers, gigabyte has made progress toward creating a smart agricultural system that will assist farmers in reducing workload and addressing staffing shortages by enabling remote field maintenance and crop condition monitoring.
By Type
Precision Farming
Livestock
Aquaculture
Greenhouse
Others
By Component
Solution
Service
Connectivity Technology
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Smart Agriculture Market Key players:
- John Deere (US)
- Trimble (US)
- Topcon Positioning Systems (US)
- DeLaval (Sweden)
- AKVA(Norway)
- Antelliq (France)
- Afimilk (Israel)
- InnovaSea Systems (US)
- Heliospectra (Sweden)
- LumiGrow(US)
- Raven Industries (Sioux Falls, SD)
- Precision Planting (US)
- Boumatic (Madison)
- AG Leader Technology (Ames, Lowa)
- SST Development Group (Washington)
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Key questions answered in the Smart Agriculture Market report:
What is the growth potential of the Smart Agriculture markets?
Which segment will grow at a steady pace?
What are the main challenges that the global Smart Agriculture market could face in the future?
What are the leading companies in the world market of Smart Agriculture?
What are the main trends that have a positive impact on the growth of the market?
What are the growth strategies envisaged by the players to maintain their grip on the global market for Smart Agriculture?
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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