#Artificial Intelligence in Agriculture Market Report

[ashimbisresearch]

The Global Artificial Intelligence in Agriculture Market is expected to reach $12,478.6 million by 2034

According to BIS Research, the Artificial Intelligence in Agriculture market, valued at $1,820.2 million in 2023, is projected to grow significantly, reaching an estimated $12,478.6 million by 2034, with the forecast period extending from 2024 to 2034.

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Transforming Agriculture: A Comprehensive Market Report on Artificial Intelligence in Agriculture

The global artificial intelligence in agriculture market was valued at $1,517.0 million in 2022 and is expected to reach $4,096.1 million in 2027, following a CAGR of 21.98% during 2022-2027. Owing to the growing demand for food and grains, the growth in the artificial intelligence in agriculture market is expected to be driven by the increasing adoption of digital and smart agriculture equipment and technologies.

The agriculture industry is undergoing a revolutionary transformation, thanks to the integration of Artificial Intelligence (AI). The convergence of advanced technologies and agriculture has given rise to precision farming, smart agriculture, and data-driven decision-making.

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Market Segmentation

By Application

By Mode of Deployment

By Product Type

By Region

Key Drivers:

Precision Farming: AI technologies enable precision farming by analyzing data from various sources such as satellites, drones, and sensors. This helps farmers optimize crop yields, reduce resource usage, and enhance overall farm efficiency.

Crop Monitoring and Disease Detection: AI-powered image recognition and machine learning algorithms can identify crop diseases and pests at an early stage, facilitating timely intervention and preventing widespread crop damage.

Automation of Farming Processes: Robotics and AI-driven machinery are increasingly being used for tasks like planting, harvesting, and weeding. This reduces labor costs, increases efficiency, and minimizes human error.

Predictive Analytics: AI algorithms process historical data, climate patterns, and other relevant factors to predict optimal planting times, expected yields, and potential market conditions. This aids farmers in making informed decisions.

Supply Chain Optimization: AI helps streamline the entire agricultural supply chain, from production to distribution. Smart logistics and predictive analytics improve inventory management, reducing waste and ensuring timely delivery of produce.

Challenges:

High Initial Investment: Implementation of AI technologies requires a significant initial investment in hardware, software, and training. This poses a challenge, particularly for small-scale farmers who may find it financially burdensome.

Data Security Concerns: As AI relies heavily on data, concerns about the security and privacy of sensitive agricultural data have emerged. Establishing robust cybersecurity measures is essential to address these concerns.

Lack of Awareness and Training: Many farmers may not be familiar with AI technologies or lack the necessary skills to use them effectively. Bridging this knowledge gap through training programs is crucial for widespread adoption.

Opportunities:

Government Initiatives: Increasing government initiatives to promote smart farming practices and sustainable agriculture create a conducive environment for the growth of the AI in agriculture market.

Collaboration and Partnerships: Collaboration between technology companies, agricultural organizations, and research institutions can accelerate the development and deployment of AI solutions in agriculture.

Rising Demand for Sustainable Practices: Growing awareness of environmental sustainability is driving the demand for AI solutions that can optimize resource usage, reduce waste, and minimize the ecological footprint of agriculture.

Conclusion:

Artificial Intelligence is reshaping the agriculture landscape, offering innovative solutions to address challenges and improve productivity. As the market continues to evolve, the collaboration between technology providers, farmers, and policymakers will play a pivotal role in shaping the future of AI in agriculture. The potential benefits, including increased efficiency, sustainable practices, and improved crop yields, position AI as a key player in the ongoing transformation of the global agriculture industry.

[mohitbisresearch]

Artificial Intelligence in Agriculture Market is expected to reach $4,096.1 million in 2027, AI in Agriculture Industry following a CAGR of 21.98% during 2022-2027.

[tritonmarketresearch]

Smart Agriculture Market: Key Insights 2028

The agriculture industry is constantly losing its workforce due to the rise in urbanization, increased migration of local laborers, and lower farm revenue. These factors have led farmers to look for new solutions. Smart farming has gained momentum with automation in activities using technologies such as the IoT, big data & analytics, artificial intelligence and machine learning. The global smart agriculture market is anticipated to surge at a CAGR of 10.35% over the forecast period 2022-2028.

With a boom in population, food demand is anticipated to rise incrementally by 2050. There will be immense pressure on farmers to increase crop production and yield. This can only be achieved by increasing the land to grow crops or opting for new techniques, such as precision and vertical farming. The use of technologies, such as LED indoor farming, to create nature-like conditions will help farmers to match the expected demand for food supply in the future.

Digitalization – Key Driver

According to our reports, based on the type segment, precision farming currently holds the largest share of over 42.04% and is anticipated to maintain its stronghold throughout the forecast period.

Precision farming is experiencing a rapid transformation from a service and product perspective. The emergence of smart sensors, robotic automation, sophisticated biologicals, digital data, and many big incumbents are a few technological advancements that are ushering a new era in agriculture. The integration of technology in precision farming equipment is anticipated to drive the studied market’s growth.

Irrigation products have been a major contributor to the precision farming market. With the growing need for appropriate agricultural equipment, variable rate application (VRA) products are expected to propagate the studied market in the next five years.

Globally, the Asia-Pacific smart agriculture market is projected to be the fastest-growing region during the forecast period 2022-2028. The region presents immense scope for development, owing to the increasing urban population size, growing penetration of the internet in farm management, and favorable government investments. Moreover, the presence of economically advancing countries such as India and China is expected to create avenues for precision agriculture in the region.

Automation Trends

A shift in the global aging demographic has prompted the adoption of automation in farming practices.

Automation and control system manufacturers have seen a significant increase in sales due to this profound change in the farming industry.

Over the last 5 years, agricultural robots have been deployed for the purpose of crop management. These robots selectively treat soil and crops based on their needs, thereby reducing manual labor. Out of all the robots used in smart farming, UAVs/drones generated the most revenue.

Companies to Watch in the Market

In recent years, partnership and collaboration have been key strategies for expansion in the smart agriculture farming market. With the increasing growth in the global market, companies in this industry have incorporated collaborative strategies with other agricultural OEMs to remain competitive.

Some of them are as follows:

In May 2022, AGCO Corp acquired JCA Industries Inc (a leading autonomous software provider of agricultural-related products) to enhance the company’s automation system portfolio.

In June 2021, AgJunction Inc collaborated with Robert Bosch LLC to join the NEVONEX partner network. The partnership integrated NEVONEX into AgJunction’s hardware modules. The collaboration also enabled AgJunction Inc to provide its customers with a wider range of automated processes.

In February 2021, DroneDeploy collaborated with Corteva Agriscience, a leading manufacturer and supplier of agricultural seeds and chemicals, to design, develop, and provide advanced artificial intelligence and machine learning platforms to farmers to improve productivity.

In January 2021, Farmers Edge Inc collaborated with Google Cloud to promote the company’s services and boost its program’s implementation of artificial intelligence, machine learning, and predictive analysis.

Conclusion

Technological advancements and their incorporation into farming activities have benefited the agricultural sector. Out of all the equipment, such as sensors and robots, drones are anticipated to revolutionize the sector, as companies and farmers are eager to incorporate them into their business models. According to the Association for Unmanned Vehicles Systems International (AUVSI), around 80% of commercial drones will eventually be used for agriculture. The data collected from drones help farmers to improve the yield and provide water, fertilizer, and chemical pesticides to the crops when needed. It also helps to monitor crop health while checking for signs of diseases. Thus, the increasing benefits of automation and the use of drones in agriculture are anticipated to create new avenues for the smart agriculture market.

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The Rise of ESG – What is the Importance of ESG Data Analytics? 

ESG data analytics has increased transparency in investor relations and financial disclosures. An independent data provider can enable investment managers to optimize their portfolios to prioritize investing in the top ESG-compliant companies. Meanwhile, businesses leverage ESG benchmarks in performance monitoring. This post will discuss the importance of ESG data analytics. 

What is ESG? 

ESG encompasses data gathering and sustainability accounting inspection across a company’s environmental, social, and governance activities. Several ESG integration services also allow for peer analytics to highlight how two organizations differ in their sustainability rating. 

An international organization employs a professional data provider to learn about ESG frameworks and standards. Simultaneously, investors determine which stocks to buy after conducting due diligence on a company’s ESG score. 

The statistical models used in calculating ESG scores are unique to each industry. After all, different industries exhibit specific environmental, social, and governance risks. Consider how a mining business affects the natural systems. The fashion industry’s impact on the environment will not be identical to the effects of the mining industry. 

What is ESG Data Analytics? 

ESG data analytics apply modern computing and statistical modeling techniques to estimate corporate compliance concerning environmental, social, and governance performance metrics. Businesses and investment managers work with an ESG data provider to ensure their assessments stay consistent with the sustainability accounting guidelines. 

You can study how different industries contribute to the total carbon emissions associated with human activity. Likewise, the social components include diversity and inclusion in the workplace environment at a company. So, collecting relevant data is essential to quantify how effectively a corporation mitigates environmental risks and improves employee relations. 

Sustainability and ESG analytics also deliver flexible reports regularly. Since advanced algorithms possess self-learning capabilities, automating report creation has become popular. 

Besides, many ESG integration services constantly monitor the changes in international frameworks. They can alert you and the involved employees when a new compliance metric affects the risk dynamics associated with your business model. 

The Importance of ESG Data Analytics 

Why do companies and investment funds consider ESG data analytics important? ESG data market can be a five billion-dollar industry by the end of 2025. Moreover, governments also want to use them to revise policies and standardize their sustainability enhancement regulations. 

We have listed the different reasons that highlight the importance of modern ESG data analytics and integration services. 

Reason #1| Demand for Transparency and Real-World Evidence 

The company can claim anything, like attributing itself with artificially inflated ESG scores. An unfairly competing business can create data about a renewable energy project that never took off. Therefore, investors must thoroughly inspect the impact of project deliverables before buying the stocks and supporting the company. 

Similarly, business managers want complete transparency in performance reporting. Governments and non-governmental organizations are curious about new ways of increasing industry participation in the fight against climate change. 

So, real-world evidence focuses on fulfilling the requirements of all the stakeholders demanding data transparency. An ESG data provider will conduct complex surveys and inspect the authenticity of collected data using artificial intelligence (AI) and machine learning (ML). They justify the growing up importance of ESG analytics and sustainability compliance data. 

Reason #2|Socio-Economic Cost of Climate Change 

An irregular shift in seasons affects the agriculture industry. However, many communities still rely on this industry as their primary income source and food. The same is valid for individuals whose livelihood depends on aquatic life and forest resources. 

Climate change also increases the risks of falling ill and malnourishment among children. Remember, many nations exhibit dangerously low levels of per capita annual income. When the agriculture industry suffers, these countries witness a significant rise in poverty and crime rate. 

All these events have statistical correlations suggesting that failing to restrict human interferences that accelerated climate change will detrimentally impact many countries for a long time. Therefore, all stakeholders must implement ESG integration services to curb greenhouse gas (GHG) emissions and the release of industrial pollutants in natural ecosystems. 

Reason #3| Greenwashing Risks 

Greenwashing means the unethical modification of sustainability performance data to present a company as an eco-friendly and socially responsible organization. It involves deliberately assigning unrealistic ESG scores to make a business seem more sustainable than what the on-ground reality would indicate. 

Controversy analysts working with the ESG data provider maintain intelligence on corporations who have practiced greenwashing. Some enterprises also extend their greenwashing efforts to the marketing materials used to target customers. 

Both the investors and the consumers want to avoid interacting with a brand known for greenwashing. After all, when you support an objectively unsustainable corporation due to the manipulated ESG data, you miss the opportunity to help genuine and sustainable companies. So, firms that offer ESG integration services protect your investments against greenwashing risks. 

Reason #4| Ease of Compliance Auditing 

Businesses or investment funds can leverage ESG data analytics to conduct multiple compliance audits. Periodic assessments like compliance improvements often reveal which business aspects require more effort to increase ESG scores. 

Compliance audits use unique inspection criteria that will vary from industry to industry. If a common framework is absent, the auditor has to increase the reliance on intuition and empirical evidence. However, such a method is more susceptible to human errors. It further causes conflicts if the auditor’s evaluations fail to meet the requirements of the latest guidelines. 

Every reputable ESG data provider practices extreme care in data gathering, inside extraction, reporting, and performance benchmarking. So, verifying the compliance data legitimacy becomes precise. Moreover, modern firms will help businesses and investors archive critical intelligence. Retrieving it will also become more manageable if they use a cloud platform to process performance data. 

Reason #5| Promoting Inclusivity at Workplaces 

Discrimination continues to create tensions even in the world’s most developed regions. Unsolicited remarks and degrading treatment have also damaged the professional lives of many hardworking individuals. How can investors help the world eradicate discriminatory practices? 

The social pillar of ESG studies the harassment prevention policies that a company follows. Additionally, ESG integration services investigate how an enterprise implements balanced affirmative action plans to empower women, specially-abled, or historically marginalized individuals. 

Diversity, equity, and inclusion (DEI) goals are essential to improving your ESG scores. Fund managers also want to select corporate stocks that recognize the significance of combating discrimination in office environments and educational systems. Celebrating the differences between communities is essential, and an ESG data provider can help you embrace it. 

Reason #6| Saying No to Corruption and Tax Errors 

The governance pillar of ESG requires accounting transparency and enforceable anti-corruption rules. Therefore, businesses must cooperate with the authorities to ensure accounting precision. Appropriate checks and balances must inform the corporate leadership on how to prevent the misuse of company resources. 

Why is ESG’s governance compliance important for sustainable development? An organization can thrive in its target industry if its business fundamentals remain robust and outcome-oriented. So, accounting inconsistencies, non-compliance with tax laws, and bribing government officials are unacceptable to investors, employees, and consumers. 

ESG integration services ensure that the screened company performs well on the governance compliance metrics. They offer the fund managers the reports after using high-quality data validation technologies. The sustainability compliance data also assist businesses during mergers and acquisitions (M&A) deals. 

Reason #7| Risk Analysis for Business Mergers 

What are the events that affect corporate ESG scores and sustainability benchmarks? An organization’s ESG ratings change due to numerous factors like controversy exposure, business model innovation, and M&A deals. 

When a company acquires another firm, it carries on the risks and liabilities associated with the target firm. Your ESG score can experience a slight increment if you strategize your business mergers by prioritizing eco-friendly technology. 

Likewise, an M&A deal might cause ESG compliance performance to decrease if the acquired firm heavily relies on non-renewable energy resources. 

A professional ESG data provider may provide business leaders with intelligence on a company’s sustainability metrics before they proceed with mergers and acquisitions. It is an industry application that proves the importance of ESG data analytics. 

Reason #8| Meaningful Relationship with Stakeholders 

A brand is not about the logo, color scheme, or animation framerate. Branding means building meaningful and lasting relationships with your employees, customers, investors, and suppliers. Then, what is the role of ESG integration services in investor relations and customer loyalty? 

Customers have benefitted from affordable connectivity and mobile technology, educating themselves on ESG and sustainability frameworks. For example, the fashion industry receives a lot of scrutiny for using plastic polymers. Consumer associations and investors have also voiced concerns about the “use and throw” culture. 

Compliance with ESG standards allows businesses to address customer and investor concerns using data-backed performance analytics. When a company listens to its stakeholders, it increases the public trust in the brand. 

Conclusion 

Modern investment firms have concentrated their portfolio development efforts to reflect the rising importance of ESG analytics and sustainability compliance benchmarks. Therefore, every business wants relevant performance insights to increase its ESG score. 

The reasons for this trend include the greenwashing risks, the demand for transparency, and the impact of M&A on sustainability metrics. Simultaneously, preventing corruption and discrimination has been the priority of all stakeholders. 

SG Analytics, a leading ESG data provider, supports enterprises and investment managers in their sustainable development goals via holistic benchmarking. Contact us for scalable research assistance leveraging 25000+ sources and domain expertise in 16+ languages. 

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Soil Monitoring Market: How Technological Advancements Are Revolutionizing Agricultural Practices

The soil monitoring market is growing at a remarkable rate, poised to surpass USD 1,225.5 million by 2030, up from USD 553.2 million in 2023. This significant growth represents a compound annual growth rate (CAGR) of 12.0% from 2024 to 2030. The increasing demand for sustainable agriculture, coupled with advancements in technology, is driving this market’s expansion. But what exactly is driving this rapid growth? And how are advancements in soil monitoring technology shaping the future of agriculture? Let’s dive in.

Understanding the Soil Monitoring Market

Soil monitoring involves the use of technology to collect data about soil health, which is critical for farming, agriculture, and environmental management. The market for soil monitoring solutions is gaining momentum as stakeholders seek better ways to optimize agricultural production, ensure soil health, and reduce environmental impact.

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What Is Soil Monitoring?

Soil monitoring refers to the process of tracking and analyzing soil properties such as moisture levels, temperature, pH levels, and nutrient content. The data collected from sensors helps farmers and agriculturalists make informed decisions on irrigation, fertilization, and crop rotation. In essence, it helps optimize crop production while ensuring sustainability.

Key Drivers of Market Growth

Sustainable Agriculture: As the world population continues to grow, the demand for food increases. However, this demand must be met sustainably. Soil monitoring plays a key role in ensuring that agricultural practices are both productive and environmentally friendly.

Technological Advancements: The development of smart sensors, Internet of Things (IoT) devices, and AI-powered analytics are making soil monitoring more efficient and accessible. These advancements are expected to fuel the market’s growth.

Government Initiatives: Many governments are supporting the adoption of modern agricultural techniques through subsidies, grants, and awareness campaigns, which further boost the market.

Technological Trends in the Soil Monitoring Market

The soil monitoring market is witnessing rapid technological innovation. These developments are not just making monitoring easier but also more accurate and efficient.

1. Sensor Technology Advancements

Modern soil monitoring systems rely heavily on sensors that can detect moisture, temperature, pH levels, and even nutrient content. These sensors are becoming smaller, more affordable, and more accurate, making them increasingly accessible to small and large-scale farmers alike.

2. IoT and Connectivity

The integration of Internet of Things (IoT) technology with soil monitoring systems is revolutionizing the way soil data is collected and analyzed. IoT-enabled sensors can transmit real-time data to farmers, enabling immediate action. This connectivity reduces the lag between data collection and response, thus enhancing decision-making.

3. AI and Machine Learning

Artificial Intelligence (AI) and machine learning (ML) are playing a pivotal role in soil monitoring. These technologies allow for predictive analytics, which can forecast soil conditions and recommend optimal solutions for irrigation, fertilization, and pest control. AI models can also identify patterns in large sets of data, enabling farmers to fine-tune their soil management practices.

4. Cloud Computing and Data Analytics

Cloud computing enables farmers to store vast amounts of soil data for analysis and reporting. Data analytics platforms allow farmers to visualize trends, identify problems, and make more precise decisions for better crop yields.

Regional Insights on the Soil Monitoring Market

The soil monitoring market is experiencing varied growth in different regions, driven by local agricultural practices, climate conditions, and technological adoption.

North America

North America holds a significant share of the soil monitoring market, driven by technological advancements, large-scale commercial farming, and government initiatives promoting sustainable agricultural practices. The U.S. and Canada are expected to continue being leaders in adopting soil monitoring technologies.

Europe

In Europe, the market for soil monitoring is also growing rapidly due to increasing concerns about soil health, environmental sustainability, and food security. European farmers are keen on adopting precision agriculture to optimize crop production while reducing the environmental footprint.

Asia-Pacific

The Asia-Pacific region, particularly countries like India and China, is expected to witness the fastest growth. The need for food security, coupled with increasing investments in smart farming technologies, is contributing to this growth.

Latin America and Africa

In Latin America and Africa, soil monitoring solutions are gaining popularity, especially among farmers looking to improve crop yields amidst unpredictable weather patterns and soil degradation. These regions, however, face challenges such as affordability and technological infrastructure, which may slow adoption in some areas.

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Key Market Players in Soil Monitoring

Several leading players are driving innovation in the soil monitoring market. These companies provide a range of products and services, from sensors and hardware to software solutions for soil analysis.

1. Ag Leader Technology

Ag Leader Technology is a key player in the soil monitoring market, providing precision agriculture solutions. The company’s soil sensors and software applications help farmers monitor and manage soil conditions in real-time.

2. The Toro Company

The Toro Company offers a range of soil monitoring equipment, including sensors and irrigation controllers. Its solutions are widely used in turf management and agricultural applications.

3. Sentek Technologies

Sentek Technologies specializes in soil moisture and salinity sensors, offering solutions to improve irrigation management and optimize water usage in agriculture.

4. John Deere

John Deere is one of the largest manufacturers of agricultural equipment. Its smart farming solutions, including soil monitoring technologies, are widely used by large-scale commercial farmers to enhance crop production efficiency.

Challenges and Barriers in the Soil Monitoring Market

Despite its rapid growth, the soil monitoring market faces some challenges.

1. High Initial Costs

The high upfront cost of implementing soil monitoring systems can be a barrier for small and medium-sized farmers, particularly in developing countries.

2. Data Overload

With the increasing use of sensors and IoT devices, farmers may face the challenge of handling vast amounts of data. Without the proper tools and expertise, data overload can reduce the effectiveness of soil monitoring.

3. Lack of Awareness

In some regions, there is a lack of awareness regarding the benefits of soil monitoring. Farmers may be hesitant to adopt new technologies due to a lack of understanding of their potential advantages.

4. Infrastructure Constraints

In many parts of the world, particularly in rural areas, there are challenges related to internet connectivity, electricity, and other infrastructure issues, which can hinder the adoption of soil monitoring technologies.

The Future of Soil Monitoring

The future of soil monitoring looks promising, with continued advancements in technology and increasing demand for sustainable agricultural practices. Here’s what to expect in the coming years:

Integration with Autonomous Systems: Soil monitoring will be increasingly integrated with autonomous systems like drones and robots for more efficient and precise data collection.

Increased Automation: With more data available, automated systems will manage soil conditions, reducing the need for manual intervention.

Personalized Solutions: As AI and machine learning evolve, soil monitoring solutions will become more personalized, with tailored recommendations for individual farms and crops.

FAQs

What is soil monitoring?

Soil monitoring involves the use of sensors and technology to analyze soil health and optimize agricultural practices such as irrigation, fertilization, and crop rotation.

What are the key drivers of the soil monitoring market?

The key drivers include the need for sustainable agriculture, advancements in sensor and IoT technology, and government initiatives supporting smart farming.

What technologies are used in soil monitoring?

Technologies like IoT-enabled sensors, AI-powered analytics, cloud computing, and data analytics are commonly used in soil monitoring systems.

How is soil monitoring affecting agriculture?

Soil monitoring improves decision-making, optimizes crop production, and reduces environmental impact by providing real-time data on soil conditions.

What are the challenges in the soil monitoring market?

High initial costs, data overload, lack of awareness, and infrastructure limitations are some of the challenges faced by the soil monitoring market.

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Precision Aquaculture Market Size & Demand: 2024 Global Outlook

The precision aquaculture global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Precision Aquaculture Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The precision aquaculture market size has grown rapidly in recent years. It will grow from $0.47 billion in 2023 to $0.53 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to growing demand for seafood, rising awareness of the environmental impact, government support and regulations, rising operational costs, and improvements in fish health management.

The precision aquaculture market size is expected to see rapid growth in the next few years. It will grow to $0.87 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to increasing focus on food safety and quality, rising investments in aquaculture innovations, expansion of aquaculture operations, rising population, and rising middle-class income. Major trends in the forecast period include the adoption of artificial intelligence (AI) and machine learning, advancements in remote sensing technologies, integration of blockchain for traceability, development of advanced data analytics platforms, and enhanced farm management software.

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Scope Of Precision Aquaculture Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Precision Aquaculture Market Overview

Market Drivers - Growing global demand for seafood is expected to propel the growth of the precision aquaculture market going forward. Seafood refers to any form of edible marine life that is harvested from oceans, rivers, lakes, or other bodies of water. Seafood demand is high due to its health benefits, including being rich in proteins and omega-3 fatty acids, along with growing consumer interest in sustainable and nutritious food options. Precision aquaculture enhances seafood production by optimizing farming practices, ensuring sustainable resource management, and improving the overall health and quality of aquatic species. For instance, in December 2023, according to the Department of Agriculture, Fisheries, and Forestry, an Australia-based government department, Australians consumed approximately 350,000 tones of seafood in 2021–22, averaging 13.8 kilograms per person. The value of fishery and aquaculture imports also rose by 2% to $2.19 billion, primarily due to an increase in prawn imports. Therefore, the growing global demand for seafood is driving the growth of the precision aquaculture market.

Market Trends - Major companies operating in the precision aquaculture market are focused on developing innovative products such as artificial intelligence (AI)-based aquaculture cameras to gain a competitive edge in the market. AI-based aquaculture cameras are advanced imaging systems integrated with artificial intelligence (AI) algorithms, specifically designed for monitoring and managing aquaculture environments. For instance, in July 2024, ReelData AI, a Canada-based software company, launched ReelVision, a camera developed for AI applications in aquaculture, such as behavioral analysis, feeding rates, and fish health and welfare. ReelVision is an advanced AI camera system designed specifically for fish farms. This data-driven approach enables farmers to make more informed decisions around feeding, stocking density, and health management. This helps optimize production, reduce waste, and minimize environmental impact.

The precision aquaculture market covered in this report is segmented –

1) By Component: Hardware, Software, Service 2) By Farm Type: Open Aquaculture Farm, Recirculatory Aquaculture System (RAS) Farm 3) By Application: Feed Optimization, Monitoring And Surveillance, Yield Analysis And Measurement, Other Applications

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Regional Insights - Asia-Pacific was the largest region in the precision aquaculture market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the precision aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the precision aquaculture market are Signify N.V., Pentair PLC, Nofima AS, Cermaq Group AS, Skretting, Grieg Seafood ASA, AKVA Group ASA, ScaleAQ, Benchmark Holdings PLC, In-Situ Inc., InnovaSea Systems Inc., Biomar Group, INVE Aquaculture, Eruvaka Technologies, BioFishency Ltd., Ace Aquatec, OxyGuard International A/S, Planet Lighting Ltd., AquaMaof Aquaculture Technologies Ltd., SNRAS Systems Private Ltd.

Table of Contents 1. Executive Summary 2. Precision Aquaculture Market Report Structure 3. Precision Aquaculture Market Trends And Strategies 4. Precision Aquaculture Market – Macro Economic Scenario 5. Precision Aquaculture Market Size And Growth ….. 27. Precision Aquaculture Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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US Agricultural Drone Market: Current Analysis and Forecast (2024-2032)

According to a new report by UnivDatos Market Insights, the U.S. Agricultural Drone Market is expected to reach USD million by 2032 by growing at a CAGR of ~23%.

Agricultural drones have in the recent past been the most radical development in the farming industry in the United States in terms of response to challenges of farming as well as resources used in farming. These UAVs are now revolutionizing farming practices, crop management, yield, and of course, cost control. With a continuously increasing number of farmers and producers requiring precision agriculture, the use of agricultural drones in the United States is on the rise and has lately featured prominently in the media for the likelihood of promoting sustainability and efficiency.

Precision Agriculture: The Spine of Drone Systems

New areas that have helped drive the use of agricultural drones are precision agriculture which is the use of innovation in farming. Since drones operate as flying sensors and provide first-hand information on crop conditions it is easier for farmers to determine when to irrigate or fertilize the crops, or possibly use pesticides. In the U.S., huge fields as the fundamentals of the farming industry these drones assist with controlling the huge acres of territories functionally.

Multispectral cameras on drones can shoot images and the colors of the light will tell the health of plants. Knowing stress factors, for example, drought or pest attack on crops, farmers can address those areas more effectively without having to waste water, fertilizers, or pesticides. It not only helps to decrease the operating expenses but also contributes to the development of equitable and ecologically sustainable agriculture undertakings.

Higher Usage as the Demand for Online Marketing Intensifies

The U.S. agricultural drone market is recording impressive growth because of the growing need for sophisticated, efficient solutions for farming. Current information implies that the demand for agricultural drones in the United States is likely to rise at more than a 15% CAGR during the next five years. This is owing to the increase in the demand for high accuracy in planting, lack of adequate labor, and increased concern about the environmentally friendly methods of farming.

Especially, big farming businesses are likely to enjoy the drone advances because it helps them oversee their produce more efficiently, and gather a ton of data. Even mere smallholder farmers have embraced the innovation since cheap models and easy-to-use software are also available in the market. With more farmers succeeding in making the right decisions to purchase drones, the rate at which this hardware will be used will increase, driving the growth of the market even more rapidly.

The authorities’ participation and the legal environment

The U.S. government has shifted the support of drone use in the agricultural sector by offering the necessary regulations that will favor the use of UAVs. Also, the United States Department of Agriculture (USDA) has been at the forefront in advocating for the use of precision agriculture technologies like drones among farmers. The USDA has also supported farmers requesting funds to enhance these technologies and drive the agricultural drone market.

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Technological Progress Promoting Efficiency

The advances in technology now make drones even more attractive for farmers in the United States. Modern agricultural drones have everything from GPS and thermal sensors to machine learning that can analyze crop data on the go. These innovations accurately capture the mapping, crop monitoring, and analysis to assist farmers to increase production effectiveness, while reducing wastage.

There has been advancement, especially in the use of artificial intelligence in drone technology. This kind of drone contains artificial intelligence, which can help them to analyze crop conditions, as well as foresee such problems in advance.

Conclusion

Drone farming as a concept has gradually been making headway in the U.S., thanks in part to innovative companies. By making real-time crop observation and resource management possible, drones are the key to elevating the efficiency of farming techniques known as precision agriculture. With an increased number of people embracing the use of drones and with the developments that have made drones have better capabilities in the future, the agricultural drone market stands a good chance of becoming the next big thing in the future of farming in the United States. The continued support of the governments and increasing recognition of the advantages of this technology may help agricultural drones change and improve the agriculture industry, thus allowing American farmers to meet the needs of tomorrow with intensified competition on the international level.

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Related Agriculture Market Research Industy Report:-

MENA Plant-Based Food Market: Current Analysis and Forecast (2023-2030)

Plant-Based Food Market: Current Analysis and Forecast (2022-2028)

[kingsresearchinfo]

6G Market Projected to Reach USD 59.44 Billion by 2031 | KR

The Kings Research report, titled 6G Market Share, Size and Trends Analysis| 2031" provides investors with a roadmap for setting up new investment plans in the 6G Market. The report covers various aspects, ranging from a broad 6G Market forecast to intricate details like 6G Market size, both current and projected, market drivers, restraints, opportunities, and trends.

Europe is expected to grow significantly between 2024 and 2031 at a compound annual growth rate (CAGR) of 33.28% because of its strong commitment to digitization, strong ecosystem for research and innovation, and proactive regulatory framework. Member states of the European Union are heavily investing in next-generation communication technologies, such as 6G, as the EU views digital transformation as a critical component of economic growth and competitiveness.

Get Complete Information with TOC @ https://www.kingsresearch.com/6g-market-693

Key Companies in 6G Market:

Samsung

Telefonaktiebolaget LM Ericsson

Nokia

Huawei Technologies Co., Ltd.

Fujitsu

AT&T

Cisco Systems, Inc.

Keysight Technologies

DeepSig Inc.

NEC Corporation

Competitive Landscape

The 6G market is characterized by a highly competitive environment, with key players such as Samsung, Ericsson, Nokia, Huawei, and Fujitsu leading the charge. These companies are focusing on strategic initiatives such as partnerships, mergers and acquisitions, and extensive research and development to strengthen their market positions. Innovation in product offerings and the establishment of new manufacturing facilities are also pivotal strategies being employed to gain a competitive edge.

Regional Insights: -

North America: Currently, North America holds the largest market share, attributed to substantial investments in research and development, along with a strong presence of leading technology companies.

Asia-Pacific: Forecasted to be the fastest-growing region, Asia-Pacific is expected to achieve a CAGR of 34.36% from 2024 to 2031. The region's market value is projected to reach USD 14.27 billion by the end of the forecast period, driven by robust technological advancements and expanding mobile network infrastructure.

Key Drivers and Market Dynamics

The driving force behind the 6G market's expansion includes the escalating demand for faster and more reliable connectivity. As the digital world continues to evolve, the necessity for higher data speeds, reduced latency, and enhanced network reliability becomes paramount. This is particularly critical for applications in autonomous vehicles, telemedicine, industrial automation, and smart cities.

Technological Advancements and Innovations

6G technology promises to revolutionize the way we interact with the digital world. Enhanced mobile broadband, ultra-reliable low-latency communications, and massive machine-type communications are some of the key features of 6G that will drive its adoption. The integration of artificial intelligence, augmented reality, and virtual reality into 6G networks will enable seamless and immersive experiences, transforming industries and daily life.

Future Outlook

The transition from 5G to 6G is not just an upgrade but a paradigm shift that will unlock new dimensions of connectivity and digital interaction. The future of 6G holds immense potential for transforming industries, enhancing user experiences, and driving economic growth. As we move towards a more connected and digital future, the importance of investing in next-generation technologies cannot be overstated.

6G Market is Segmented as:

By Device: -

Mobile Devices

IoT and Edge Computing Devices

Others

By Vertical: -

Agriculture

Automotive

Educational & Entertainment

Healthcare

Government

Manufacturing

Others

About Us At the core of our mission, we strive to drive revenue impact for our clients through exceptional research strategies. With a focus on exclusivity, innovation, and real-time insights, we provide accurate, reliable, and actionable market research data.

[educationtech]

Courses to pursue after 12th standard other than engineering and medical

After completing Class 12 in the science stream, many students feel pressured to pursue traditional paths like engineering or medicine. However, numerous alternative career options can lead to fulfilling and successful careers. Here’s a comprehensive overview of various fields and opportunities available for those who wish to explore beyond engineering and medicine.

1. Data Science and Artificial Intelligence

Overview

Data science and artificial intelligence (AI) are among the most rapidly growing fields today, driven by the increasing reliance on data across industries. These fields combine skills in statistics, programming, and domain knowledge to analyze complex data sets and develop algorithms.

Career Options

•           Data Scientist: Responsible for analyzing data to extract actionable insights. Requires proficiency in programming languages like Python or R.

•           Machine Learning Engineer: Designs algorithms that enable machines to learn from data. Strong programming and mathematical skills are essential.

•           Data Analyst: Focuses on interpreting data and providing reports that help organizations make informed decisions.

•           AI Research Scientist: Engages in advanced research to develop new AI methodologies and applications.

Prospects

The demand for data science professionals is projected to grow significantly, with many companies seeking skilled individuals to leverage big data for strategic decision-making. Salaries in this field are competitive, often exceeding ₹10 lakhs per annum for experienced professionals.

2. Biotechnology

Overview

Biotechnology merges biology with technology, focusing on developing products and processes that improve health, agriculture, and environmental sustainability.

Career Options

•           Biotechnologist: Works in laboratories conducting experiments to develop new products or improve existing ones.

•           Clinical Research Associate: Manages clinical trials and ensures compliance with regulatory standards.

•           Genetic Counselor: Provides information and support to families regarding genetic disorders.

Prospects

With advancements in healthcare and agriculture, biotechnology offers diverse opportunities in pharmaceuticals, research institutions, and government agencies.

3. Environmental Science

Overview

As environmental issues gain prominence globally, careers in environmental science are becoming increasingly relevant. This field focuses on studying the environment and developing solutions to ecological problems.

Career Options

•           Environmental Consultant: Advises organizations on how to minimize their environmental impact.

•           Conservation Scientist: Works on preserving natural resources through sustainable practices.

•           Wildlife Biologist: Studies animals in their natural habitats to understand ecosystems better.

Prospects

Environmental scientists are in demand across various sectors, including government agencies, non-profits, and private corporations focused on sustainability initiatives.

4. Fashion Design

Overview

For those with a creative flair, fashion design offers an exciting career path that combines art with business.

Career Options

•           Fashion Designer: Creates clothing and accessories while staying ahead of trends.

•           Textile Designer: Develops fabric patterns and materials used in fashion.

•           Fashion Merchandiser: Involves marketing fashion products and understanding consumer behavior.

Prospects

The fashion industry is dynamic and offers opportunities both domestically and internationally. Graduates can work for established brands or start their labels.

5. Hospitality Management

Overview

The hospitality industry encompasses a wide range of services related to travel, tourism, accommodation, and food services.

Career Options

•           Hotel Manager: Oversees operations within hotels or resorts.

•           Event Planner: Organizes events such as weddings, conferences, or corporate gatherings.

•           Culinary Arts Professional: Involves cooking and food presentation at restaurants or catering services.

Prospects

With the growth of tourism worldwide, careers in hospitality management are thriving. Professionals can expect varied roles that often include travel opportunities.

6. Aviation

Overview

For those interested in flying or working within the aviation sector, there are several pathways available beyond becoming a pilot.

Career Options

•           Air Traffic Controller: Manages aircraft movements on the ground and in the airspace.

•           Aviation Management Professional: Involves overseeing operations at airports or airlines.

•           Aircraft Maintenance Engineer: Ensures aircraft safety through regular inspections and repairs.

Prospects

The aviation industry continues to expand globally, offering numerous career opportunities with competitive salaries.

7. Creative Fields

Overview

Students with artistic talents can explore various creative careers that allow them to express their creativity while earning a living.

Career Options

•           Graphic Designer: Creates visual content for brands using software tools.

•           Content Writer/Editor: Produces written content for websites, magazines, or advertising agencies.

•           Digital Marketing Specialist: Focuses on promoting products or services online through various digital channels.

Prospects

Creative professionals are increasingly sought after as businesses recognize the importance of branding and online presence.

Conclusion

Choosing a career after Class 12 Science does not have to be limited to engineering or medicine. Arya College of Engineering & I.T. gives you options available—from data science to environmental science, fashion design to aviation—students can find paths that align with their interests and strengths. Students need to explore these alternatives thoroughly, consider their passions, seek guidance from mentors, and make informed decisions about their future careers. With the right education and training, they can carve out successful careers in diverse fields that offer both personal satisfaction and professional growth.

[tritonmarketresearch]

Epilepsy Devices Market: Tech Trends 2022-2028

According to the WHO, epilepsy is a chronic brain disorder that affects 50 million individuals, making it one of the most prevalent neurological conditions worldwide. It is estimated that with access to early detection and appropriate care, 70% of the population diagnosed with epilepsy may live seizure-free. According to our estimates, the global epilepsy devices market was valued at $669.73 million in 2021 and is expected to reach $1157.58 million by 2028, growing at a CAGR of 8.16% during the forecast period 2022-2028.

Government institutions worldwide are focused on starting initiatives to create innovative epilepsy devices with AI and machine learning integration. Additionally, organizations that support research need to encourage high-quality comparative efficacy trials and sufficient data to guide therapeutic practice in epilepsy. As a result of these technologically advanced equipment and increasing drug trials, the market for epilepsy devices is anticipated to grow throughout the forecast period.

Epilepsy Devices - Key Detection Methodologies

Currently, several wearable technologies can detect seizures, collect data, and alert caregivers. Although with technological advancements, the ability to detect seizure-related alterations increases. Top trends backing this tech boom include:

Wearable devices are estimated to be the fastest-growing device type during the forecast period. Monitoring epileptic patients is crucial, as 20% of epileptics only have seizures while asleep, 40% only have seizures while awake, and 35% have seizures both when they are awake and asleep. With technologically advanced non-invasive wearable sensors, measuring accelerometry, photoplethysmography (PPG), electrodermal activity (EDA), electromyography (EMG), and other signals outside of the conventional clinical environment have become effective.

Vagus Nerve Stimulation (VNS) has emerged as the fastest-growing application category. VNS Therapy has been approved by the U.S. Food and Drug Administration (FDA) as an add-on therapy for age 4 years and above to treat drug-resistant epilepsy or refractory epilepsy. VNS has been reportedly beneficial in many patients, including the ones with posttraumatic epilepsy (PTE). PTE is a common consequence of traumatic brain injury and accounts for about 20% of symptomatic epilepsy cases.

As per estimates, Electroencephalography lead the detection and prediction devices type segment in 2021 and is expected to maintain its stronghold during the forecast period. There is growing interest in wearable or mobile EEG solutions that allow long‐term EEG monitoring in an easy‐to‐use format. Despite the availability of these new EEG solutions, their adoption is still limited in clinical practice, mainly because of the unfamiliarity of healthcare and biomedical research sectors with the technology and its application.

Strategic Initiatives and Government Approvals

Different end-users, such as homecare settings, hospitals, and clinics, are utilizing epilepsy devices. The manufacturers of epilepsy monitoring devices are likely to gain prominent business opportunities from the hospital & clinics segment owing to the rise in the use of EEG monitoring and emergency medical services.

The government authorities of several developing nations, including India and China, are focusing on developing sturdy healthcare infrastructure. As a result, operating players are expected to gain sizable growth prospects in the region during the forecast period. Owing to this, the Asia Pacific epilepsy devices market is anticipated to witness the fastest growth with a CAGR of 8.38% throughout the forecast period.

In addition, companies are also focusing on launching novel devices for children. Moreover, companies are also using organic and inorganic strategies, including mergers and acquisitions, to stay ahead of the competition. Some of these include:

In September 2022, Boston Scientific Corporation’s current-generation WATCHMAN FLX™ Left Atrial Appendage Closure (LAAC) Device received U.S. Food and Drug Administration (FDA) approval to expand the instructions for use labeling. The company also received FDA 510(k) clearance for the EMBOLD Fibered Detachable Coil, which reduces the blood flow rate in the peripheral vasculature.

In July 2022, Medtronic PLC received FDA 510(k) clearance for its UNiD Spine Analyzer v4.0 planning platform to leverage machine learning.

In November 2021, NeuroPace, Inc. received an Investigational Device Exemption (IDE) from the FDA to study the company’s RNS System to treat primary generalized epilepsy in patients aged 12 and above.

Way Forward

With technological advancements, epilepsy detection devices with exceptionally low false alarm rates have recently been developed. They are based on computationally intensive algorithms and employed in implanted systems for pre-surgical monitoring. Recent research has produced encouraging findings for probabilistic seizure risk projections using long-term wearable technology and electronic seizure diaries. The symptoms, mood, and cognitive function of an individual may also have predictive significance. Therefore, technological advances in non-invasive wearable sensors are anticipated to create growth opportunities for the epilepsy devices market.

[xinrenresearch]

Robotics in Agriculture Market in North America

The North American robotics in agriculture market is poised for significant growth, with projections indicating a compound annual growth rate (CAGR) of approximately 19.3% from 2023 to 2030. This expansion is driven by the increasing need for automation in farming practices to address labor shortages and enhance productivity. Agricultural robots are being utilized for various tasks, including planting, harvesting, monitoring crops, and livestock management. By automating labor-intensive processes, these robots not only improve efficiency and precision but also contribute to sustainable agricultural practices by optimizing resource utilization and reducing operational costs. As farmers increasingly adopt advanced technologies like artificial intelligence and machine learning, the integration of robotics into agriculture is becoming essential for maintaining competitiveness in the sector.Key factors influencing the growth of the agricultural robotics market in North America include:

For more Detail:- https://www.xinrenresearch.com/regional-reports/robotics-in-agriculture-in-north-america-market/

Labor Shortages: A persistent shortage of seasonal farm labor drives demand for automation solutions.

Technological Advancements: Continuous innovations in robotics and AI enhance the capabilities of agricultural machines, making them more efficient and effective.

Sustainability Initiatives: A strong emphasis on sustainable farming practices encourages the adoption of precision agriculture tools, such as drones and autonomous tractors.

Government Support: Policies and funding initiatives aimed at promoting agricultural innovation facilitate the integration of robotics in farming operations.

Market Leadership: The U.S. dominates the North American market, with Canada and Mexico also showing significant growth potential due to their increasing investment in agricultural technology.

Overall, the North American agricultural robotics market is set to play a crucial role in transforming farming practices, ensuring higher yields, and supporting the region's food production needs.

Website:- https://www.xinrenresearch.com/