Smart Farming Market Growth, Forecast, Overview and Key Companies Analysis by 2028
The global Smart Farming Market is
expected to reach USD 24.76 Billion by 2027, according to a new report by
Emergen Research. The smart farming industry is projected to be powered by
factors such as steady population growth, low supply of cultivable land,
subsidies from the government, and demand for new and high-quality food.
The latest report provides detailed insights into Smart Farming
market trends, industry trends, consumer trends, market size, market share,
market growth, and forecast, along with ranging impact of each factor and
driver. It also provides analysis of various factors expected to restrain or
limit potential growth in market size over the forecast period, 2020–2028. The
report includes profiles of major players in the Smart Farming market,
strategies being employed, mergers, acquisitions, recent developments,
agreements, contracts, new product development and launches, segment revenue,
investment details as well as financials.
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Global Smart Farming market growth is driven by a variety of
factors and trends, primary of which include rising focus by major companies on
product/service expansion into new and untapped domestic Smart Farming markets,
rising investments in strategic agreements, and rising competition in the
market. Development of more advanced offerings is driving rising demand and
deployment in respective sectors/industries, and this is a major trend in an
increasing number of developing economies. In addition, availability of
favorable government policies and steady economic growth across various regions
and countries is resulting in an increasing number of players focusing on
leveraging opportunities to drive visibility and increase revenue and profits.
Top key vendors in Smart Farming Market include are:
- Key participants
include Deere & Company, Topcon Positioning Systems, Trimble, Inc.,
DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA
group, and Nexus Corporation, among others.
On the basis of the end users/applications, this report focuses on
the status and outlook for major applications/end users, consumption (sales), market
share and growth rate for each application, including
Emergen Research has segmented the global Smart Farming Market on
the basis of farming type, offerings, application, and region:
- Farming Type
Outlook (Revenue, USD Billion; 2017-2027)
- Precision farming
- Livestock
monitoring
- Smart
greenhouse
- Others
- Offerings
Outlook (Revenue, USD Billion; 2017-2027)
- Hardware
- Software
- Services
- Application
Outlook (Revenue, USD Billion; 2017-2027)
- Precision
Farming Application
- Livestock
Monitoring Application
- Precision
Aquaculture Application
- Smart
Greenhouse Application
- Precision
Forestry Application
- Others
Access the Entire Report packed with TOC, Tables and Figures and
Outline of Prominent Companies@ https://www.emergenresearch.com/industry-report/smart-farming-market
Incorporated with Info-graphics, charts, 70 tables and 85 figures,
this 250-page research report “Smart Farming Market Size, Type, Application,
End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020
- 2027” is based on a complete research of the entire Global market and
covering all its sub-segments through comprehensively thorough classifications.
Insightful analysis and assessment are created from superior primary and
secondary information sources with data and information derived from industry
specialists across the value chain.
Region wise performance of the Smart Farming industry
North America Smart Farming market growth registered a significant
incline in 2020 and this is having major impact on market growth of other major
regions. In addition, North America Smart Farming market growth is expected to
continue to remain dominant over other regional markets over the forecast
period. Presence of major players in countries in the region is a key factor
driving steady change in overall Smart Farming market trends, and this is
expected to continue to support market growth in North America.
Asia Pacific Smart Farming market growth is expected to register a
rapid rate in terms of revenue as compared to other regional markets over the
forecast period. China, India, and South Korea accounted for significantly
robust Smart Farming market growth in 2020, and the trend is expected to
continue over the forecast period. Factors such as increasing population,
favorable government policies and initiatives, and availability of more
advanced technologies, services, and offerings in these countries is driving
Smart Farming market growth in Asia Pacific.
Europe Smart Farming market growth and revenue expansion is
expected to remain steady over the forecast period. This can be attributed to
robust focus on research and development initiatives by major firms and
changing Smart Farming market trends in countries in other major regions.
Geographically, this report studies the key regions, focuses on
product sales, value, market share and growth opportunity in these regions,
covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or
country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China,
India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of
Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of
Europe, Central & South America, Brazil, Argentina, Rest of South America,
Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East &
Africa
We can customize our reports for our customers, for instance, we
can add or remove manufacturers, applications or product types, whatever you
need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/2
The research provides answers to the following key questions:
- What will be the
growth rate and the market size of the Smart Farming industry for the
forecast period 2020-2027?
- What are the
major driving forces expected to impact the development of the Smart Farming
market across different regions?
- Who are the
major driving forces expected to decide the fate of the Smart Farming
industry worldwide?
- Who are the
prominent market players making a mark in the Smart Farming market with
their winning strategies?
- Which Smart
Farming industry trends are likely to shape the future of the industry
during the forecast period 2020-2027?
- What are the key
barriers and threats believed to hinder the development of the industry?
- What are the
future opportunities in the Smart Farming market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Smart Farming Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1.
Primary
1.4.2.
Secondary
1.4.3. Paid
Sources
1.5. Smart Farming Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Smart Farming Market Segmentation & Impact Analysis
4.1. Smart Farming Market Material Segmentation
Analysis
4.2. Industrial Outlook
4.2.1.
Smart Farming Market indicators analysis
4.2.2.
Smart Farming Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Smart Farming Market
restraints analysis
4.2.3.1. High cost associated with the maintenance of Smart Farming products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Smart Farming Market Revenue Share By
Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw
Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.
Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3.
Others
Continued….
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8.
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9.
Growth Dynamics
10.
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11.
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