TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
Download Report PDF Instantly
Report overview
The global Intelligent Agriculture market was valued at US$ 4153.6 million in 2022 and is projected to reach US$ 7180.8 million by 2029, at a CAGR of 8.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Smart agriculture, allows farmers to maximize yields using minimal resources such as water, fertilizer, and seeds. By deploying sensors and mapping fields, farmers can begin to understand their crops at a micro scale, conserve resources, and reduce impacts on the environment. Smart agriculture has roots going back to the 1980s when Global Positioning System (GPS) capability became accessible for civilian use. Once farmers were able to accurately map their crop fields, they could monitor and apply fertilizer and weed treatments only to areas that required it. During the 1990s, early precision agriculture users adopted crop yield monitoring to generate fertilizer and pH correction recommendations. As more variables could be measured and entered into a crop model, more accurate recommendations for fertilizer application, watering, and even peak yield harvesting, could be made. A number of sensing technologies are used in precision agriculture, providing data that helps farmers monitor and optimize crops, as well as adapt to changing environmental factors. This report mainly covers the Smart agriculture senor and robot and other device. software and other service solution is not covered.
This report aims to provide a comprehensive presentation of the global market for Intelligent Agriculture, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Agriculture. This report contains market size and forecasts of Intelligent Agriculture in global, including the following market information:
The industry's leading producers are Texas Instruments, AGCO Corporation and GEA Farm Technologies, with revenue ratios of 8.10%, 11.00% and 2.67%, respectively, in 2019.
We surveyed the Intelligent Agriculture manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Agriculture Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K sqm)
Global Intelligent Agriculture Market Segment Percentages, by Type, 2022 (%)
Global Intelligent Agriculture Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K sqm)
Global Intelligent Agriculture Market Segment Percentages, by Application, 2022 (%)
Global Intelligent Agriculture Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K sqm)
Global Intelligent Agriculture Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Agriculture revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Intelligent Agriculture revenues share in global market, 2022 (%)
Key companies Intelligent Agriculture sales in global market, 2018-2023 (Estimated), (K sqm)
Key companies Intelligent Agriculture sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: