Smart Agriculture Market Size, Share, Growth & Trend and Forecast to 2027
Smart Agriculture Market Size in 2020 was worth US $ 13.7 Bn. at a CAGR of 9.7 % and it is expected to reach US $ 26.2 Bn. in 2027.
Smart Agriculture Market Overview:
Smart Agriculture Market 2021 by Manufacturers, Regions, Type and Application, forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market's leading elements. This research approach was used to investigate the Smart Agriculture market, and the results were logically presented in this report.
Smart Agriculture Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors' product offers.
The qualitative and quantitative data in the Smart Agriculture market report can assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. The research also highlights the competitive landscape of leading industry players as well as upcoming market trends.
Maximize Market Research's report includes a PESTEL Analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the Smart Agriculture market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Smart Agriculture market. Marketing analytics and tactics are aided by social elements. Understanding the impact of the surrounding environment and the influence of ecological concerns on the Smart Agriculture market is aided by legal factors.
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In 2020, the Livestock Monitoring category had the greatest proportion of all agriculture types, accounting for 22.04 percent. Precision livestock monitoring provides for real-time monitoring of livestock health, production, and welfare in order to maintain optimal yields. Due to variables such as expanding dairy farm size and rising technology advancements, such as precision livestock monitoring, market players have been advised to focus on new product launches and considerable cost reductions connected to livestock monitoring management. Livestock plays a significant role in agriculture due to its overall contribution. It's an important aspect of poverty-reduction efforts, and it can be made quickly because all of the essential inputs are plentiful in the country.
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• Agjunction, Inc.
• Trimble, Inc.
• Deere & Company
• Trimble, Inc.
• AG Leader Technology
• Sst Development Group, Inc
• Agco Corporation
• The Climate Corporation
• Precision Planting, Inc.
• Semiosbio Technologies Inc.
• Afimilk Ltd.
• Raven Industries
• Argus Control Systems Ltd.
• Agribotix LLC
• Autonomous Solutions, Inc.
• CNH Industrial
• CropZilla Software, Inc.
The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the Smart Agriculture market to know the competition at both the domestic and levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
In additional Smart Agriculture Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Smart Agriculture market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Smart Agriculture Market:
COVID-19 has a thorough impact on the Smart Agriculture market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the report presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Smart Agriculture market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.
Key Questions answered in the Smart Agriculture Market Report are:
- Which product segment grabbed the largest share in the Smart Agriculture market?
- How is the competitive scenario of the Smart Agriculture market?
- Which are the key factors aiding the Smart Agriculture market growth?
- Which region holds the maximum share in the Smart Agriculture market?
- What will be the CAGR of the Smart Agriculture market during the forecast period?
- Which application segment emerged as the leading segment in the Smart Agriculture market?
- Which are the prominent players in the Smart Agriculture market?
- What key trends are likely to emerge in the Smart Agriculture market in the coming years?
- What will be the Smart Agriculture market size by 2027?
- Which company held the largest share in the Smart Agriculture market?
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