#Global Indoor Farming Technology Market Growth

[prenasper]

Indoor Farming Market Share, Rising Trends, Growth Drivers, Opportunities, Challenges, CAGR Status, Business Analysis and Future Outlook Till 2033: SPER Market Research

The practice of cultivating crops indoors without exposing them to the outside environment is commonly referred to as indoor farming. Vegetables, fruits, and herbs are the most widely cultivated indoor crops. Large-scale operations and compact spaces, such as basements, are both possible with indoor farms. Farming practices typically incorporate methods like hydroponics, where crops are nourished by artificial lighting. The yield from indoor farming technologies surpass traditional farming. A controlled environment inside the indoor farming complex creates an optimum growing conditions for the farmers to grow a crop from the seed till the harvesting stage arrives. In order to produce safer and healthier food, indoor farming technology refrains from employing any fungicides and all pesticides.

According to SPER Market Research, ‘Indoor Farming Technology Market Size- By Growing System, By Facility Type, By Component Type, By Crop Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Indoor Farming Technology Market is estimated to reach USD 48.08 billion by 2033 with a CAGR of 9.66%.

 The growing issue of a shortage of land for farming or food production, as a result of the world's population growing at an accelerated rate, is driving the development of indoor farming. Major advantages of indoor farming include improved crop growth, less water use, less reliance on outdoor temperatures or weather, labour cost savings, and improved energy conservation. These advantages are driving the global adoption of indoor farming practices, which is anticipated to fuel the growth of the indoor farming technology market. Modern agriculture has benefited from indoor vertical farming, which is gaining the interest of younger people. Technology for indoor farming makes it possible to maximize agricultural productivity and ecological sustainability due to shorter harvest times and better yields in less area.

Limited funding for agriculture-related businesses slows down research and development for indoor farming in public or private universities, which restricts the amount of data and information available. High set-up cost could be a restraining factor initially in indoor farming technology market. Since indoor farming equipment uses a lot of energy, farmers may find it difficult to pay for their high electricity bills. Furthermore, there is a need for higher public awareness and comprehension on the advantages of sustainable agriculture technologies and indoor farming. In addition, the sector lacks supervision and standards, which leads to variations in the safety and quality of products.

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The COVID-19 pandemic had a range of effects on the global indoor agricultural technology sector. The pandemic has hindered market expansion by causing labour shortages, supply chain interruptions, and a decline in consumer demand for non-essential commodities. However, the outbreak has highlighted the significance of resilient and sustainable food systems as well as food security, leading to increased investment in indoor farming technology. The epidemic has also prompted the development of automation and remote monitoring tools, which let farmers to oversee and manage their indoor crops from a distance. All things considered, the pandemic has brought opportunities as well as challenges to the worldwide indoor farming technology market.

 Indoor Farming Technology Market Key Players:

North America is the leading holder of share in Indoor Farming Technology Market. The need for indoor farming technology has been rising in this area as a result of the expanding involvement of international business lines in agricultural operations to satisfy crop producers' expectations to attain export-quality crops. Some of the key market players are Lumigrow, Signify Holding, Argus Control System, Everlight Electronics.

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Farming Technologies Market Future Outlook

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[electronicseranews]

Grow Lights Market Will Reach USD 13,183 Million by 2030

As per a report by P&S Intelligence, the grow lights market will advance at 28% CAGR, to generate a value of USD 13,183 million, by 2030.

The growth in the industry is ascribed to the growing requirement for food as a result of the rising disposable income, increasing population, rapid urbanization, advancement of technologies in the agriculture sector, and the increasing preference for enhanced and new practices of farming.

The LED category is expected to dominate the grow lights market in the years to come. This is attributed to the increasing government programs to encourage the adoption of LED lights and drivers and the increasing demand for energy-efficient and affordable grow lights by consumers.

In the past few years, the retrofit category generated a larger revenue share in the industry, and it will remain larger in the years to come. This is because of the rising adoption of such lights in farming facilities due to their decreasing costs and the increasing number of new advanced farming facilities all over the world.

A key factor driving the industry is the necessity of more cost-effective grow light technologies in the cities. The expenditure on food production is high, and as a result, the requirement for economical food production is growing rapidly in urban areas.

Vertical farming is expected to observe the fastest growth in the years to come, growing at a rate of approximately 29.8%. This is attributed to the mounting requirement for herbs & food and the increasing number of such farms, mainly in developed countries, owing to the lack of space required to establish conventional farms.

In 2021, Europe generated the largest revenue share in the grow light industry, at approximately 33%, and it will remain the largest in the years to come. This is ascribed to the large consumer base and the substantial adoption of LED lights to grow plants inside commercial greenhouses in the region.

Developing nations, for example, India, South Korea, and China are the main buyers in the APAC grow light industry. This is credited to the rapid implementation of enhanced agricultural approaches, for instance, indoor horticulture, which resulted in a high horticulture light requirement in emerging nations.

[globalinsightsservices]

Indoor Farming Technology Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

New York,Global Indoor Farming Technology Market report from Global Insight Services is the single authoritative source of intelligence on Indoor Farming Technology Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Indoor farming technology is the application of modern agricultural techniques and equipment to grow crops indoors, in a controlled environment. This can be done in a variety of settings, including greenhouses, warehouses, and even shipping containers.Key Trends

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Key Trends

The main trends in indoor farming technology are automation, precision farming, and controlled environment agriculture (CEA).

Automation is being used more and more in indoor farming to help reduce labor costs and increase efficiency. Robotics is one area that is seeing a lot of growth in indoor farming, with many developing robots to help with tasks such as planting, thinning, and harvesting.

Precision farming is another key trend in indoor farming technology. This involves using sensors and other data-driven techniques to manage crops more effectively. For example, by monitoring temperature, humidity, and light levels, farmers can make sure that conditions are optimal for plant growth. This can help to improve yields and reduce wastage.

CEA is another important trend in indoor farming technology. This involves controlling the environment in which plants are grown, in order to optimize conditions for growth. For example, by using LED lighting, farmers can reduce energy costs and create the perfect light spectrum for plant growth.

Key Drivers

The key drivers of indoor farming technology market are the ever-increasing demand for food, the need for higher crop yields, and the dwindling land and water resources. The other drivers include the changing climatic conditions, the increasing population, and the need for better quality food.

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Market Segments

By Growing System

Hydroponics

Aeroponics

Aquaponics

Soil-based

Hybrid

By Facility Type

Glass or Poly Greenhouse

Indoor Vertical Farm

Container Farm

Indoor DWC System

By Component

Hardware

Software & Services

By Crop Type

Fruits & vegetables

Herbs & Microgreens

Flowers & Ornamentals

Others

Key Players

Signify Holding

Everlight Electronics

Argus Control Systems

LumiGrow

Netafim

Logiqs

Richel Group

Vertical Farm Systems

Key Players

Signify Holding

Everlight Electronics

Argus Control Systems

LumiGrow

Netafim

Logiqs

Richel Group

Vertical Farm Systems

General Hydroponics

Heliospectra AB

Philips Lighting

GreenPower Farm Systems

Heliospectra

Valoya

GrowGeneration

Hort Americas

LumiGrow

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[hariganesh858]

Power Transmission Transformer Market

Power Transformer Market Size, Share, Trends: ABB Ltd. Leads

Integration of Renewable Energy Driving Market Growth

Market Overview:

The global Power Transformer Market is expected to be worth USD 22.83 billion in 2023, with a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031. Rising infrastructure investment and rising electricity consumption in developed and emerging economies are expected to be the primary drivers of market growth during the forecast period. Smart meters are a result of high demand and pro-smart grid projects, which should help the expansion of the power transformer business over the next few years. Moreover, several government initiatives are meant to modernize current power systems and install innovative power transformers to increase energy efficiency and lower losses.

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Market Trends:

Driven by technology developments, governmental initiatives, and mounting environmental concerns, the integration of renewable energy sources—especially wind and solar power—into worldwide electricity systems is fast accelerating. With forecasts showing that this percentage must increase to 57–78% by 2030 to keep a path to net-zero emissions, wind and solar power together accounted for 12% of worldwide electricity output in 2022. Significant investments in big projects like the Hornsea wind farm in the United Kingdom and the Noor Abu Dhabi Solar Plant in the United Arab Emirates as well as the development of new power transformer technologies able of managing variable renewable outputs support this trend.

Market Segmentation:

Three voltage levels define the market: low voltage transformers (for local distribution up to 1 kV), medium voltage transformers (for substation applications 1 kV to 69 kV), and high voltage transformers (for power transmission above 69 kV). Three types of cooling transformers are used: air-cooled transformers, which are fit for lower power applications; dry-type transformers, which are perfect for indoor use and have solid insulation; and oil-immersed transformers, which are generally used for high voltage and high power applications.

Market Key Players:

The power transformer market is highly competitive, with many prominent players vying for market supremacy through product innovation, strategic partnerships, and geographic growth. Key companies such as ABB Ltd., Siemens AG, General Electric, Schneider Electric, Mitsubishi Electric Corporation, Toshiba Corporation, Hitachi Ltd., Bharat Heavy Electricals Limited (BHEL), Hyundai Electric & Energy Systems Co., Ltd., and CG Power and Industrial Solutions Limited dominate the market.

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[kristinahertzz]

Floriculture Market

Floriculture Market Size, Share, Trends: Dümmen Orange Leads

Sustainable Practices Reshape Industry Landscape

Market Overview: 

The global floriculture market is projected to grow at a CAGR of 6.3% from 2024 to 2031. The market value is expected to rise significantly during this period, with Europe dominating the market, followed closely by Asia-Pacific. Key metrics include increasing urbanization, rising disposable income, and growing demand for ornamental plants and cut flowers.

The floriculture market is expanding rapidly, driven by rising consumer interest in gardening, landscaping, and interior décor. The COVID-19 pandemic has increased demand for indoor plants, as individuals spend more time at home. Furthermore, the growing popularity of employing flowers and plants in various events and festivities is helping to drive market growth.

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Market Trends: 

In response to growing environmental concerns, the floriculture business is transitioning to more sustainable practices. Growers are increasingly using environmentally friendly growing methods like as organic farming, integrated pest management, and water-saving irrigation technologies. Consumer demand for environmentally friendly products, as well as stricter pesticide use rules, are driving this trend. For example, the European Union's Farm to Fork Strategy intends to reduce chemical pesticide use by 50% by 2030, encouraging floriculture enterprises to innovate and adapt. Furthermore, environmental packaging options, such as biodegradable flower sleeves and recycled materials, are gaining popularity in the market.

Market Segmentation: 

Cut flowers remain the largest and most profitable section of the floriculture business, owing to increasing demand for fresh flowers at events, celebrations, and in everyday home decor. Roses, chrysanthemums, and tulips are among the most popular cut flower kinds, with roses accounting for over YY% of the global cut flower market. The expanding popularity of subscription-based flower delivery services in established nations, as well as the growing trend of flower gifting in emerging economies, are driving the segment's expansion.

In recent years, the cut flower industry has undergone considerable technological developments in post-harvest processing and cold chain management, which have extended flower vase life and enabled long-distance shipment. For example, the advent of modified environment packaging has enabled the preservation of cut flowers for up to three weeks, creating new export prospects for producers in Africa and South America.

Market Key Players:

Dümmen Orange

Syngenta Flowers

Beekenkamp Group

Selecta One

Danziger Group

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[shreeja-k]

"Revolutionizing Agriculture: The Role of the Metaverse in Shaping the Future of Indoor Farming"

The Metaverse and the Future of Indoor Farming: Revolutionizing Agriculture with Technology

As the world faces the challenges of a growing population, climate change, and dwindling natural resources, the agricultural industry is turning to technology for solutions. One of the most exciting and innovative developments is the Metaverse in indoor farming—a blend of immersive virtual technologies and advanced farming methods that are reshaping how we grow food, manage farms, and engage with consumers.

The Metaverse: A New Frontier in Indoor Farming

The Metaverse is quickly gaining momentum in the world of indoor farming, and for good reason. By 2030, the global Metaverse in indoor farming market is expected to grow from USD 536.55 million in 2024 to USD 761.11 million, with an annual growth rate of 5.12%. This growth is largely driven by the increasing need for sustainable farming practices and the adoption of innovative technologies like Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI), and the Internet of Things (IoT).

Indoor farming, with techniques such as vertical farming, hydroponics, and aquaponics, is already changing the way we grow crops, allowing for more efficient use of space and resources. The integration of the Metaverse takes it even further, enhancing the potential of these methods and opening up new possibilities for farmers around the globe.

How the Metaverse is Changing Indoor Farming

1. Visualizing and Planning with VR and AR

Farmers can now use Virtual Reality (VR) and Augmented Reality (AR) to visualize and plan their farms like never before. Through the Metaverse, they can create 3D models of their indoor farms, allowing them to experiment with different layouts, crop placements, and design changes. This kind of enhanced visualization helps farmers make more informed decisions, ensuring they’re optimizing space and resources for maximum crop yield and sustainability.

2. Building Transparency with Consumer Engagement

Consumers are increasingly concerned with where their food comes from and how it is produced. The Metaverse offers an innovative solution by allowing consumers to take virtual tours of indoor farms. These immersive experiences help build trust between farmers and consumers by offering transparency into farming practices. Consumers can witness firsthand the sustainable practices being employed and learn more about the entire journey of their food. This level of engagement not only fosters a connection but also creates new opportunities for farmers to market their produce in exciting and interactive ways.

3. Remote Monitoring and Management

Another powerful aspect of the Metaverse is its ability to provide remote monitoring and management capabilities. With the integration of IoT and AI, farmers can remotely monitor their crops in real time. Sensors placed throughout the indoor farm collect data on factors like temperature, humidity, and light levels, which are then visualized in the Metaverse. This allows farmers to make quick adjustments to the environment, ensuring optimal growth conditions, even if they are miles away from their farms.

4. Revolutionizing Training and Education

The Metaverse is also paving the way for the future of agricultural education. VR and AR technologies are enabling immersive learning experiences, where farmers and agricultural students can practice farming techniques without the constraints of physical resources. These hands-on virtual experiences allow individuals to replicate real-world farming scenarios and experiment with new techniques in a safe, controlled environment. This provides an invaluable tool for training and research, allowing individuals to stay on top of the latest trends and technologies in the field.

Challenges to Overcome

While the Metaverse has enormous potential, there are also challenges to its widespread adoption:

High Costs: Setting up advanced technologies like VR, AR, and IoT can be expensive, making it difficult for smaller farms to invest in the necessary infrastructure. The upfront costs of equipment and systems can be a significant barrier for many.

Technological Complexity: The integration of new technologies into existing farming operations can be complicated. Many farmers may lack the technical skills or knowledge to fully utilize these tools, which means additional training and support will be needed to ensure successful adoption.

Infrastructure Needs: Implementing these technologies requires a strong technological infrastructure, which might not be readily available in all regions. For some, upgrading or establishing the necessary network can be a hurdle.

Opportunities for Growth in the Metaverse

Despite these challenges, the Metaverse presents tremendous opportunities for growth, especially in the following areas:

Educational Advancements: The ability to provide interactive, hands-on training through virtual environments is one of the most exciting aspects of the Metaverse. As the demand for skilled agricultural workers grows, VR and AR will play a key role in educating the next generation of farmers and agronomists.

Global Collaboration: With the Metaverse, farmers, researchers, and agricultural professionals from around the world can collaborate in virtual spaces. This opens up opportunities for knowledge-sharing, problem-solving, and the rapid spread of best practices, all of which can accelerate innovation in the sector.

Blockchain for Supply Chain Transparency: Integrating blockchain technology into the Metaverse adds an extra layer of transparency and security to the supply chain. Farmers can track their produce from farm to table, offering consumers more trust in the authenticity and sustainability of their food.

Looking Ahead: The Future of Indoor Farming

The future of agriculture is here, and it's virtual. The Metaverse in indoor farming is changing the way we approach food production, sustainability, and education. While there are challenges to overcome, the benefits of this technological transformation are undeniable. By embracing new tools and methodologies, farmers can increase efficiency, reduce waste, and better engage with consumers, all while contributing to a more sustainable future.

The Metaverse is no longer just a concept—it’s a reality that’s transforming farming as we know it. As the world continues to urbanize and face environmental challenges, the innovations brought by the Metaverse will play a pivotal role in shaping the future of food production, ensuring that we can feed the world in a sustainable and efficient way. The future of farming is in the cloud, and it's ready to grow.

[shrutijadhav2139]

Earthworm Meal Market Overview: Key Factors Impacting Growth, Dynamics, and Future Outlook

The earthworm meal market is gaining significant traction as industries seek sustainable alternatives to traditional protein sources and environmentally friendly solutions. This emerging market is driven by various factors, ranging from the increasing demand for organic farming practices to the need for alternative protein sources in animal feed. Earthworm meal, which is produced by drying and grinding earthworms into a fine powder, is becoming a key component in agriculture, livestock farming, and even human food production.

Key Factors Impacting Growth

One of the primary factors driving the earthworm meal market is the increasing emphasis on sustainability. With global concerns over environmental degradation and the depletion of natural resources, industries are shifting toward more eco-friendly practices. Earthworms play a crucial role in breaking down organic matter and enriching the soil, making earthworm meal an excellent natural fertilizer. It enhances soil health and improves crop yields, thus positioning itself as a valuable alternative to synthetic fertilizers, which have harmful environmental effects.

In agriculture, organic farming is on the rise as consumers demand pesticide-free and chemical-free food products. Earthworm meal, rich in nutrients like nitrogen, phosphorus, and potassium, is increasingly used as a natural fertilizer, boosting its demand. The ability to improve soil structure and promote sustainable farming practices has made earthworm meal a popular choice among organic farmers. As more countries adopt organic certification standards, the market for earthworm meal is expected to expand, driven by the growing need for environmentally responsible farming inputs.

Another key driver of market growth is the rising demand for alternative protein sources. Traditional animal feed ingredients, such as fishmeal and soy, have raised concerns due to their environmental impact and limited availability. Earthworm meal is an attractive alternative because it is rich in protein, essential amino acids, and micronutrients, making it an ideal ingredient in animal feed. Livestock industries, including poultry, aquaculture, and pig farming, are adopting earthworm meal to meet the nutritional needs of animals while minimizing environmental impact.

In addition to animal feed, earthworm meal is being explored as a potential human food source. Although still in the early stages, some companies are experimenting with earthworm meal as a protein-rich ingredient in protein bars, smoothies, and other health foods. With the global population projected to reach nearly 10 billion by 2050, the need for alternative protein sources is expected to grow. Earthworm meal’s high nutritional value, combined with its sustainable production methods, positions it as a promising solution to meet the protein demands of the future.

Market Dynamics

Several dynamics are influencing the earthworm meal market, including technological advancements in earthworm farming and processing techniques. As farming practices evolve, more efficient and cost-effective methods for producing earthworm meal are being developed. This is reducing production costs and increasing accessibility to smaller-scale farmers and producers. The integration of vertical farming systems, which rely on controlled indoor environments, is also expected to drive demand for earthworm meal. These systems create ideal conditions for mass-producing earthworms, making the production of earthworm meal more scalable.

Regulatory frameworks also play a significant role in shaping the market. As awareness about the potential benefits of earthworm meal grows, governments are increasingly supporting the use of organic fertilizers and alternative proteins. Incentives for sustainable agricultural practices, such as subsidies and grants for organic farming, are boosting the adoption of earthworm-based products. However, regulatory challenges surrounding the commercialization of earthworm meal, particularly in human food products, remain. Strict food safety regulations and consumer acceptance will determine the pace at which earthworm meal enters the human food market.

Future Outlook

The future outlook for the earthworm meal market is promising. With growing global interest in sustainability, the market for earthworm meal is expected to expand in the coming years. Technological advancements in earthworm farming and processing, coupled with the increasing demand for alternative proteins in both agriculture and food sectors, will drive market growth. The integration of circular economy practices and sustainable farming methods will further boost the adoption of earthworm meal as a natural fertilizer.

In conclusion, the earthworm meal market is poised for substantial growth as it taps into key trends of sustainability, alternative protein sources, and organic farming. While challenges remain, particularly regarding regulatory hurdles for human consumption, the market’s potential is immense. As industries and consumers alike seek more environmentally responsible solutions, earthworm meal presents a sustainable and nutrient-rich alternative with wide-ranging applications in agriculture, animal feed, and even human food. The market’s growth is set to shape the future of food and agriculture, providing innovative solutions to some of the world’s most pressing challenges.

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[marketanalysisdata]

Smart Agriculture Market set to Witness Rapid Growth by 2030

The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.

The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.

Gather more insights about the market drivers, restrains and growth of the Global Smart Agriculture Market

Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.

Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.

Smart Agriculture Market Report Highlights

Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield

The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years

Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023

The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

Satellite Propulsion System Market: The global satellite propulsion system market size was estimated at USD 11.05 billion in 2024 and is projected to grow at a CAGR of 13.6% from 2025 to 2030.

AI In Cybersecurity Market: The global AI in cybersecurity market size was estimated at USD 25.35 billion in 2024 and is expected to witness a CAGR of 24.4% from 2025 to 2030.

Smart Agriculture Market Segmentation

Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions

Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)

Precision farming

Livestock monitoring

Smart greenhouse

Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)

Hardware

Automation & control systems

Sensing devices

HVAC system

LED grow light

RFID tags & readers

Software

Web-based

Cloud-based

Types

System integration & consulting

Maintenance & support

Managed types

Assisted professional types

Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)

Precision farming application

Yield monitoring

Field mapping

Crop scouting

Weather tracking & forecasting

Irrigation management

Inventory management

Farm labor management

Livestock monitoring application

Milk harvesting

Breeding management

Feeding management

Animal comfort management

Others

Smart greenhouse application

Water & fertilizer management

HVAC management

Yield monitoring

Others

Others

Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

Europe

Asia Pacific

South America

Middle East and Africa (MEA)

Order a free sample PDF of the Smart Agriculture Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Smart Agriculture Industry – Analysis, Industry Size And Forecast, 2030

The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.

The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.

Gather more insights about the market drivers, restrains and growth of the Global Smart Agriculture Market

Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.

Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.

Smart Agriculture Market Report Highlights

Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield

The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years

Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023

The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

Satellite Propulsion System Market: The global satellite propulsion system market size was estimated at USD 11.05 billion in 2024 and is projected to grow at a CAGR of 13.6% from 2025 to 2030.

AI In Cybersecurity Market: The global AI in cybersecurity market size was estimated at USD 25.35 billion in 2024 and is expected to witness a CAGR of 24.4% from 2025 to 2030.

Smart Agriculture Market Segmentation

Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions

Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)

Precision farming

Livestock monitoring

Smart greenhouse

Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)

Hardware

Automation & control systems

Sensing devices

HVAC system

LED grow light

RFID tags & readers

Software

Web-based

Cloud-based

Types

System integration & consulting

Maintenance & support

Managed types

Assisted professional types

Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)

Precision farming application

Yield monitoring

Field mapping

Crop scouting

Weather tracking & forecasting

Irrigation management

Inventory management

Farm labor management

Livestock monitoring application

Milk harvesting

Breeding management

Feeding management

Animal comfort management

Others

Smart greenhouse application

Water & fertilizer management

HVAC management

Yield monitoring

Others

Others

Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

Europe

Asia Pacific

South America

Middle East and Africa (MEA)

Order a free sample PDF of the Smart Agriculture Market Intelligence Study, published by Grand View Research.

[jcmarchi]

Four Growers Secures $9M Series A to Revolutionize Greenhouse Farming with AI and Robotics

New Post has been published on https://thedigitalinsider.com/four-growers-secures-9m-series-a-to-revolutionize-greenhouse-farming-with-ai-and-robotics/

Four Growers Secures $9M Series A to Revolutionize Greenhouse Farming with AI and Robotics

Four Growers, a pioneering agtech robotics company, has raised $9 million in a Series A funding round led by Basset Capital, with participation from Ospraie Ag Science, Y Combinator, and other key investors. This funding will propel the production of its flagship GR-100 robotic harvester and expand the company’s global reach across Europe, North America, and Oceania. The announcement signals a major leap in the $40 billion indoor farming market, addressing labor shortages, rising costs, and food waste with groundbreaking technology.

Transforming Greenhouse Agriculture with the GR-100

At the heart of Four Growers’ innovation is the GR-100, an autonomous tomato-harvesting robot that’s setting new benchmarks in efficiency and precision for greenhouse farming. The GR-100 boasts:

5x faster picking speeds than competitors, harvesting up to 43 kilograms per hour of cherry and grape tomatoes.

98% ripeness detection accuracy, powered by eight stereo cameras and advanced AI.

34x faster pathfinding than standard motion planning algorithms, ensuring optimal harvesting paths.

The GR-100 adapts seamlessly to most greenhouse environments, requiring little to no facility modifications, and integrates robust plant analytics for comprehensive yield insights. With features like 24/7 operation, remote monitoring dashboards, and an automated packing cart capable of handling up to 246 kilograms in one session, the GR-100 is redefining what’s possible in greenhouse crop management.

Tackling Global Challenges in Agriculture

For decades, crops like wheat and soy have benefited from automation, driving down costs and boosting production. However, fruits and vegetables, which demand precise handling and skilled labor, have lagged behind. This disparity has led to harvesting costs being up to 15x higher for fruits and vegetables. Compounding the issue, labor shortages often leave crops unharvested, exacerbating food waste.

“While we’ve started with greenhouse tomatoes, which account for 50% of all the fresh tomatoes consumed in the US, our technology has now proven its potential in other crops like cucumbers and will be applied to all fruits and vegetables in both greenhouses and fields,” said Brandon Contino, CEO of Four Growers. “Securing this funding enables us to accelerate the integration of our AI and robotics into agriculture, improving global food production and ensuring sustainable, high-quality, and affordable produce is available for everyone.”

Proven Impact and Growing Market Potential

Four Growers’ technology is already making an impact, with millions of tomatoes harvested and sold through grocery stores worldwide. Partnering with agricultural leaders like Syngenta Vegetable Seeds, the company has demonstrated the scalability and reliability of its AI-powered solutions across customer farms in North America and Europe.

The indoor farming market, valued at $40.51 billion in 2023, is expected to grow at a CAGR of 11.3% through 2033, according to a study by Fact.MR. This rapid growth underscores the increasing demand for innovative farming solutions amidst labor shortages and operational challenges.

A Visionary Team Backed by Industry Leaders

Founded in Pittsburgh, Four Growers emerged from Y Combinator in 2018 with a vision to revolutionize farming through robotics. Since its inception, the company has secured over $15 million in total funding and eight-figure contracts, thanks to strategic backing from investors such as Better Food Ventures, Taver Capital, Xplorer Capital, and Pete Wurman, co-founder of Kiva Systems.

“From the outset, it was apparent that the Four Growers team had made significant advancements in solving long-standing issues in the agriculture sector,” said John Overbeck of Basset Capital. “Implementation of robotics and AI in agriculture will provide a great opportunity to enhance operations and significantly increase productivity. We are confident that Four Growers will continue to be a leader in this effort.”

Looking Ahead: Scaling Innovation for Global Impact

With this latest funding, Four Growers aims to:

Accelerate production of the GR-100.

Expand its research and development efforts.

Deploy its technology across more regions, focusing on Europe, North America, and Oceania.

Beyond tomatoes, the company plans to adapt its technology to other greenhouse crops like cucumbers and peppers, with ambitions to address field-grown crops in the future. By combining robotics, AI, and advanced analytics, Four Growers is positioning itself as a leader in sustainable, efficient farming solutions.

A Future of Affordable, Sustainable Food

Four Growers’ mission to provide healthy, affordable, and locally sourced produce through robotics is reshaping agriculture. By reducing production costs and food waste, the company is paving the way for a future where nutritious and sustainable food is accessible to everyone.

[global-research-report]

Smart Agriculture Market by Region: Segmentation, Opportunities, and Insights

The global smart agriculture market was valued at USD 22.65 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 13.7% from 2024 to 2030. This rapid growth is driven primarily by the increasing automation of commercial greenhouses and the widespread adoption of controlled environment agriculture (CEA) in greenhouse setups. CEA enables cultivators to achieve higher yields by carefully managing factors like temperature, humidity, and lighting, resulting in optimal growing conditions. As cultivators increasingly recognize the advantages of greenhouse cultivation, the development and adoption of commercial greenhouses have expanded. There is a shift away from traditional lighting systems toward LED grow lights, which, despite their higher initial cost, are favored for their energy efficiency and suitability for CEA setups in indoor farming environments.

The smart agriculture market is also propelled by advancements in equipment equipped with sophisticated sensors and imaging technology. Key technologies enhancing market demand include livestock biometrics, where tools like RFID, biometrics, and GPS allow cultivators to monitor livestock in real time, capturing vital data on animal health, location, and behavior. Additionally, infrastructural health sensors are becoming essential for monitoring the condition of various agricultural facilities, from buildings and bridges to factories and farms. Connected to intelligent networks, these sensors provide instant data to maintenance teams, allowing for proactive care of structures and equipment.

Agricultural robots are another significant technological advancement, streamlining essential farming activities like soil preparation, weeding, fruit picking, harvesting, planting, plowing, and irrigation. This automation not only reduces labor costs but also boosts efficiency and precision in agricultural tasks, supporting the market’s upward trajectory.

To maintain profitability, farmers are increasingly adopting advanced and efficient agricultural technologies, ensuring they can meet the growing demand for high-quality products in the smart agriculture market. Mobile technology also plays a key role, providing new applications and tools that enhance the agricultural value chain, from monitoring and maintenance to harvesting and distribution.

Gather more insights about the market drivers, restrains and growth of the Smart Agriculture Market

Regional Insights

North America: In 2023, North America led the global smart agriculture market, holding a substantial 44.07% market share. The region is expected to continue its growth, with a projected CAGR of 12.3% from 2024 to 2030. This growth is fueled by increasing government initiatives and regulatory measures aimed at modernizing and sustaining the agricultural sector. To support these efforts, organizations across the region have collaborated to establish the North America Climate Smart Agriculture Alliance (NACSAA), a coalition dedicated to educating cultivators on sustainable agricultural practices. Water conservation has also become a key focus, with governments in North America actively promoting smart irrigation through subsidies. For example, the government of California has introduced rebates on smart controllers, incentivizing farmers to adopt water-efficient technologies that align with environmental conservation goals.

Asia Pacific: The Asia Pacific region is poised for the fastest growth in the smart agriculture market during the forecast period. Although still in the early stages of adoption, the market is set to expand rapidly due to rising government support and increasing awareness among farmers. In Japan, for instance, the Ministry of Agriculture has been actively funding precision agriculture initiatives to enhance productivity and resource efficiency. Additionally, farmers' associations and community-based organizations in each country play a pivotal role in advocating for sustainable agricultural practices, further driving demand for smart agriculture solutions.

In Singapore, where approximately 90% of food consumption relies on imports, the demand for innovative farming techniques is expected to grow significantly. Singapore's push toward self-sufficiency in food production and sustainable practices will likely boost the adoption of smart agriculture. Furthermore, the rising popularity of organic farming among small farmers in parts of South Asia is expected to enhance regional market growth, as demand for more sustainable and efficient farming solutions increases across the sector.

Browse through Grand View Research's Category Next Generation Technologies Industry Research Reports.

The global postal automation system market size was estimated at USD 903.7 million in 2024 and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global generative AI market sizewas valued at USD 16.87 billion in 2024 and is projected to grow at a CAGR of 37.6% from 2025 to 2030. 

Key Companies & Market Share Insights

The global agriculture technology market features prominent companies, including Ag Leader Technology, AGCO Corporation, AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc., Argus Control Systems Ltd., BouMatic Robotic B.V., CropMetrics, CLAAS KGaA mbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc, Farmers Edge Inc., Grownetics, Inc., Granular, Inc., Gamaya, GEA Group Aktiengesellschaft, Raven Industries, Trimble Inc., and Topcon Positioning Systems, among others.

AGCO Corporation, headquartered in the U.S., is a leading manufacturer of agricultural equipment. The company offers an extensive product lineup, including tractors, combines, forage equipment, hay tools, self-propelled sprayers, seeding and tillage equipment, and smart farming solutions. This diverse product portfolio enables AGCO to meet the varying needs of the modern agricultural sector, providing solutions that enhance efficiency and productivity.

Deere & Company, another key player, is involved in manufacturing a broad range of machinery for agriculture and forestry, along with heavy equipment like drivetrains and diesel engines. Deere & Company’s offerings also include lawn care equipment and other machinery for industries such as landscaping, construction, government and military, and sports turf. Its diversified product line positions the company as a strong competitor across multiple sectors, helping it maintain a robust market presence.

Prospera Technologies and Agrible, Inc. are emerging players in the agriculture technology market, contributing to its evolution with advanced solutions.

Prospera Technologies is a global provider specializing in agricultural technology for optimizing irrigation and crop health management. Using AI-powered sensors and cameras, Prospera enables farmers to monitor crop conditions and make data-driven decisions, ultimately enhancing yield and resource efficiency.

Agrible, Inc., based in the U.S., offers agriculture solutions to customers in over 30 countries. Agrible’s services are aimed at optimizing critical aspects of farming, including water use, crop protection, fertilization, and fieldwork. Additionally, the company supports research trials, food supply chain management, and sustainability efforts, helping clients achieve operational efficiency and environmental goals.

 

Key Smart Agriculture Companies:

Ag Leader Technology

AGCO Corporation

AgJunction, Inc.

AgEagle Aerial Systems Inc.

Autonomous Solutions, Inc.

Argus Control Systems Ltd

BouMatic Robotic B.V.

CropMetrics

CLAAS KGaA mbH

CropZilla

Deere & Company

DICKEY-john

DroneDeploy

DeLaval Inc

Farmers Edge Inc

Grownetics, Inc.

Granular, Inc.

Gamaya

GEA Group Aktiengesellschaft

Raven Industries

Trimble Inc.

Topcon Positioning System

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

[ravinderimarc]

The global indoor farming market size reached USD 22.3 Billion in 2024. IMARC Group expects the market to reach USD 47.2 Billion by 2033, exhibiting a growth rate (CAGR) of 8.63% during 2025-2033. The market is experiencing steady growth driven by rising preferences for sustainable and locally sourced food options, continuous technological advancements in indoor farming practices, and the widespread adoption of automation systems, including robotic arms and conveyor belts.

[fathimashammas761]

Hydroponics Farming in the USA: Revolutionizing Agriculture

In recent years, hydroponics farming has gained significant traction across the USA, offering an innovative solution to traditional agricultural practices. This method of growing plants without soil not only maximizes space but also conserves water and resources, making it a sustainable choice for the future. In this blog post, we will explore the benefits of hydroponics farming, its growth in the USA, various systems, challenges, and the future of this revolutionary agricultural method.

What is Hydroponics Farming?

Hydroponics is a method of growing plants in nutrient-rich water solutions instead of soil. The roots of the plants are suspended in a nutrient solution, allowing them to absorb the essential minerals and nutrients they need for growth. This system can be implemented in various settings, from small indoor gardens to large commercial farms.

Benefits of Hydroponics Farming

1. Water Efficiency

One of the most significant advantages of hydroponics farming in the USA is water conservation. Traditional farming methods can waste a considerable amount of water through evaporation and runoff. In contrast, hydroponic systems use up to 90% less water, as the water is recirculated and reused. This efficiency is particularly crucial in regions facing water scarcity.

2. Space Optimization

Hydroponics allows for vertical farming, where plants are grown in layers, maximizing the use of space. This method is ideal for urban areas where land is limited. By utilizing vertical space, hydroponics can produce significantly higher yields compared to traditional farming on the same footprint.

3. Faster Growth Rates

Plants grown in hydroponic systems typically grow faster than those in soil due to the controlled environment and direct access to nutrients. This accelerated growth can lead to more frequent harvests and increased productivity for farmers.

4. Reduced Pest and Disease Issues

Without soil, many common pests and diseases associated with traditional farming are minimized. This reduction leads to lower pesticide usage, resulting in healthier produce and a more environmentally friendly farming practice.

5. Year-Round Production

Hydroponics enables year-round cultivation, independent of seasonal weather conditions. This capability allows farmers to produce crops consistently and meet market demand throughout the year.

Growth of Hydroponics Farming in the USA

The hydroponics farming industry in the USA has seen significant growth in recent years. According to a report by Grand View Research, the global hydroponics market was valued at $8.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 24.7% from 2021 to 2028. This surge is driven by the increasing demand for fresh produce, urbanization, and the need for sustainable agricultural practices.

Several states have emerged as leaders in hydroponics farming:

California

California is at the forefront of hydroponics farming in the USA, with a wide range of commercial hydroponic operations. The state’s favorable climate, combined with innovative technology, has made it an ideal location for hydroponic farming. Farmers in California produce a variety of crops, including lettuce, strawberries, and tomatoes, using hydroponic methods.

Florida

Florida has also embraced hydroponics farming, particularly in the production of vegetables and herbs. The state's warm climate allows for year-round cultivation, making it a prime location for hydroponic greenhouses.

New York

In urban areas like New York City, hydroponics farming has gained popularity as a way to produce fresh food locally. Vertical farms and indoor hydroponic systems are becoming more common, providing city dwellers with access to fresh produce without the need for long transportation routes.

Common Hydroponic Systems

Hydroponics farming can be implemented using various systems, each with its own advantages and suitability for different types of crops. Here are some common hydroponic systems:

1. Nutrient Film Technique (NFT)

In this system, a thin film of nutrient-rich water flows over the roots of the plants, allowing them to absorb the nutrients while ensuring adequate oxygen supply. NFT is commonly used for growing leafy greens and herbs.

2. Deep Water Culture (DWC)

DWC involves suspending the plant roots in a nutrient solution, where they are submerged in water. Air stones provide oxygen to the roots, promoting healthy growth. This system is effective for growing various crops, including tomatoes and peppers.

3. Ebb and Flow (Flood and Drain)

This system periodically floods the plant roots with a nutrient solution and then drains it back into a reservoir. This cycle provides the plants with nutrients and oxygen. Ebb and flow systems are versatile and can be used for a variety of crops.

4. Aeroponics

Aeroponics is a high-tech system where plant roots are suspended in the air and misted with a nutrient solution. This method maximizes oxygen exposure and can result in rapid plant growth. Aeroponics is often used for high-value crops like herbs and strawberries.

Challenges of Hydroponics Farming

While hydroponics offers numerous benefits, it also comes with challenges that farmers must navigate:

1. Initial Setup Costs

The initial investment for hydroponics systems can be high. Equipment, technology, and infrastructure require significant capital. However, many farmers find that the long-term savings and increased productivity justify the initial costs.

2. Technical Knowledge

Successful hydroponics farming requires a solid understanding of plant biology, nutrient management, and system maintenance. Farmers may need to invest time in training and education to ensure their success.

3. Energy Consumption

Many hydroponic systems rely on artificial lighting and climate control, which can lead to increased energy consumption. However, advancements in renewable energy and energy-efficient technologies are helping to mitigate this challenge.

4. Pest Management

While hydroponics reduces certain pest issues, farmers must still be vigilant about pest management. Integrated pest management (IPM) strategies are essential to maintain healthy crops without resorting to harmful chemicals.

The Future of Hydroponics Farming in the USA

The future of hydroponics farming in the USA looks promising as technology continues to advance. Innovations in automation, nutrient delivery systems, and energy efficiency are making hydroponics more accessible and sustainable. Additionally, the growing demand for local produce and sustainable practices is likely to drive further adoption of hydroponics in urban areas and beyond.

Educational Initiatives

As hydroponics gains popularity, educational programs and resources are emerging to help aspiring farmers learn about the system. Universities and agricultural extension programs are offering courses and workshops, providing valuable knowledge to those interested in pursuing hydroponics farming.

Research and Development

Ongoing research into hydroponics systems, crop varieties, and pest management strategies is essential for improving productivity and sustainability. Collaborations between universities, government agencies, and private companies are fostering innovation in the field.

Conclusion

Hydroponics farming in the USA represents a significant shift in agricultural practices, offering a sustainable solution to the challenges of traditional farming. With its numerous benefits, including water efficiency, space optimization, and year-round production, hydroponics is paving the way for a more sustainable food system. As the industry continues to grow, farmers, consumers, and researchers must work together to harness the potential of hydroponics for the future of agriculture.

[harshnews]

Crop Development and Farming Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis

"Global Crop Development and Farming Market – Industry Trends and Forecast to 2029

Global Crop Development and Farming Market, By Type (Tobacco Farming, Sugar beet Farming, Sugarcane Farming, Cotton Farming, Other Miscellaneous Crop Farming), Application (Food and Beverages, Fodder), Farming Process (Organic Farming, Traditional Farming), – Industry Trends and Forecast to 2029.

Access Full 350 Pages PDF Report @

**Segments**

- **Crop Type** - Cereals - Fruits - Vegetables - Oilseeds - Flowers - Others

- **Farming Type** - Conventional Farming - Organic Farming - Precision Farming - Indoor Farming - Vertical Farming - Others

- **Regional Analysis** - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa

Crop development and farming form a crucial part of the global economy, providing essential food and raw materials for various industries worldwide. The segmentation of the market into different categories helps in understanding the dynamics and trends within the industry. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others. Each crop type has its unique cultivation requirements and market demand, making it vital for farmers and businesses to strategize accordingly. Additionally, farming type segmentation encompasses conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others. This segmentation reflects the evolving methods and technologies being adopted in the agricultural sector to enhance productivity and sustainability. Moreover, regional analysis plays a significant role in assessing market trends and opportunities across different geographies, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- Monsanto Company - Syngenta - Bayer CropScience - BASF SE - DowDuPont - Archer Daniels Midland Company - Cargill - Yara International - Bunge Limited - Agrium

The crop development and farming market comprise a diverse range of players contributing to the growth and innovation of the industry. Companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are key players in the market known for their extensive research and development activities in crop protection and biotechnology. Additionally,The crop development and farming market is a dynamic and evolving industry, driven by the constant need to meet the growing demand for food and raw materials globally. The market players play a vital role in shaping the landscape of this industry, with companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont leading the way in innovation and research. These key players have established themselves as industry giants known for their cutting-edge technologies and sustainable agricultural practices. Through investments in research and development, these companies continue to introduce new crop varieties, pest control solutions, and agronomic practices that enhance crop yields and quality.

Monsanto Company, a renowned multinational agricultural company, has built a strong presence in the market with its focus on biotechnology and genetically modified seeds. By developing innovative traits that provide resistance to pests and diseases, Monsanto has revolutionized crop production practices worldwide. Syngenta, another major player in the industry, specializes in crop protection products and seeds. With a diverse range of offerings, Syngenta caters to the needs of farmers across different regions and crop types. Bayer CropScience, a subsidiary of Bayer AG, is known for its comprehensive portfolio of crop protection products, seeds, and traits. The company's commitment to sustainable agriculture and digital farming solutions sets it apart in the market.

BASF SE, a global leader in the chemicals industry, has a significant presence in the agricultural sector through its crop protection solutions and biotechnology research. By focusing on innovation and sustainability, BASF continues to contribute to the development of more efficient and environmentally friendly farming practices. DowDuPont, a merger of two industry giants, has a diverse portfolio spanning crop protection, seeds, and digital agriculture. The company's cutting-edge technologies and commitment to sustainability position it as a key player in the market.

Apart from the major multinational corporations, companies like Archer Daniels Midland Company, Cargill, Yara International, Bunge Limited, and Agrium also play crucial roles in the crop**Segments**

Global Crop Development and Farming Market, by Type: - Tobacco Farming - Sugar beet Farming - Sugarcane Farming - Cotton Farming - Other Miscellaneous Crop Farming

Application: - Food and Beverages - Fodder

Farming Process: - Organic Farming - Traditional Farming

The global crop development and farming market is witnessing significant growth and innovation driven by technological advancements, shifting consumer preferences, and the increasing need for sustainable agricultural practices. The industry is segmented based on crop type, farming type, and regional analysis to provide insights into the diverse dynamics of the market. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others, each with specific cultivation requirements and market demands. The farming type segmentation covers conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others, reflecting the industry's adoption of advanced technologies and practices. Regional analysis further enhances the understanding of market trends and opportunities across key geographies like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

The market players in the crop development and farming industry play a critical role in driving innovation, research, and development to meet the increasing global demand for food and raw materials. Key companies such as Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are at the forefront of the industry, known for their advanced technologies and

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Crop Development and Farming Market Landscape

Part 04: Global Crop Development and Farming Market Sizing

Part 05: Global Crop Development and Farming Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key takeaways from the Crop Development and Farming Market report:

Detailed considerate of Crop Development and Farming Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Crop Development and Farming Market-leading players.

Crop Development and Farming Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Crop Development and Farming Market for forthcoming years.

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[rupalic]

The Impact of IoT in the Digital Agriculture Ecosystem: Connecting Crops to the Cloud

The digital agriculture market is set for substantial growth, fueled by technological innovations and the increasing demand for sustainable and efficient farming practices. With the ongoing evolution of digital tools and platforms, the agricultural sector is poised for a transformation, providing opportunities for greater productivity, enhanced food security, and better livelihoods for farmers.

How Digital Agriculture is Transforming Farming and Forecasting a $39.8 Billion Future

Digital agriculture offers innovative solutions to tackle the growing challenge of food insecurity, which is increasingly intensified by rising population levels. By utilizing technologies such as remote sensing and data analytics, digital agriculture enhances the efficiency and sustainability of food production. These advancements help optimize resource use, improve crop yields, and reduce environmental impacts, boosting food availability and accessibility. The global digital agriculture industry is on a trajectory of significant growth, with an estimated value forecasted to reach USD 39.8 billion by 2029 from the 2024 valuation of USD 24.2 billion, exhibiting an optimistic Compound Annual Growth Rate (CAGR) of 10.4%.

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A notable example is the Indian government’s initiative to lead a technological revolution in agriculture. As of January 1, 2024, India is demonstrating its commitment to modernizing agriculture through strategic initiatives designed to close the technology gap and increase productivity. A key component of this effort is the National e-Governance Plan in Agriculture (NeGPA), which supports states in implementing digital agriculture projects that leverage artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), and blockchain. NeGPA aims to promote data-driven decision-making to optimize agricultural outcomes and drive sectoral advancements. The Surge in Automation Hardware: What the Highest Projected CAGR Means for the Digital Farming Industry

As technology continues to transform agricultural practices, the role of automation and control systems becomes increasingly critical. Modern hardware solutions, from sensor-equipped devices to automated machinery, are revolutionizing farming processes. The focus on precision farming is driving the integration of these advanced hardware solutions to optimize resource use, boost efficiency, and improve overall agricultural productivity. This growing adoption of automation and control systems highlights the significant impact of digital technologies on traditional farming, paving the way for a future of smart, data-driven agriculture that promises sustainability and technological advancement.

To support data-driven farming, Precision Agriculture Connectivity Infrastructure is essential. This infrastructure includes secure hyperscale cloud connectivity, farm-centric computing platforms, private 5G wireless systems, public wireless field coverage, and a range of terrestrial and non-terrestrial networks. It forms the backbone for deploying artificial intelligence, quantum computing, machine vision, and other innovations developed by experts in automation and control systems within digital agriculture.

A March 2023 report from the European Parliament notes a significant rise in interest in agricultural robots over the past decade, though adoption rates vary globally. Robotics applications in agriculture span field farming, dairy management, indoor farming, and horticulture. This surge in technological innovation and autonomous systems underscores the growing importance of automation and control systems in the digital farming market. The integration of intelligent features and robotics not only enhances operational efficiency but also sets the stage for future advancements in smart farming practices.

The Digital Economy’s Role in Driving Agricultural Development

In December 2023, the influence of the digital economy on agriculture in developing countries emerged as a crucial factor in boosting agricultural production and tackling hunger-related issues. Technologies like precision farming, data analytics, and digital monitoring systems are essential for refining farming practices, enhancing yields, and improving resource efficiency. Additionally, digitalization is transforming governance within the agricultural sector by enabling more transparent and efficient management. This results in better policymaking, resource allocation, and monitoring of agricultural programs.

China, India, and Beyond: The Growing Influence of Asia Pacific Digital Agriculture Market

The Asia Pacific digital agriculture market is significantly driven by government incentives, expanding internet access, and growing awareness of technological advancements. These factors, along with the need for higher agricultural yields and more efficient resource use, are fueling the region’s progress in digital agriculture. Government policies and educational programs aimed at farmers have raised awareness and adoption of digital technologies. China plays a major role in the region’s leadership in this sector, with India also emerging as a key player, while Australia, New Zealand, and Japan continue to show steady growth in digital agriculture.

Additionally, increasing support from major industry players is boosting the growth of digital agriculture in the region. For example, in November 2022, Syngenta and Plantix launched a partnership to provide smallholder farmers in Asia Pacific with AI-powered tools through the Cropwise Grower app. This initiative aims to reach 500,000 farmers across five countries, offering them access to a comprehensive database of crops, diseases, and best practices. The app features localized content, offline functionality, and early warnings for pests and diseases. This collaboration seeks to bridge the information gap for rural farmers, enhance decision-making, and improve yields and livelihoods.

The Top Digital Agriculture Companies to Watch: Innovations and Impact on the Industry

IBM’s Role in Agriculture: Leveraging Data and Technology for Smarter Farming

IBM Corporation is a global technology powerhouse headquartered in Armonk, New York, with operations in over 175 countries. With a long and storied history spanning over a century, IBM has been a pioneer in various fields, including hardware, software, and services. It operates through six business segments, namely, Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, Global Financing, and Others. The company provides agriculture solutions globally by using its Watson Decision Platform in combination with data acquired from The Weather Company to help farmers with planning, plowing, planting, and harvesting. The company has 12 R&D laboratories across six continents. Apart from the US, IBM has formidable research centers in Japan, China, India, Ireland, and Switzerland.

Make an Inquiry to Address your Specific Business Needs

Cisco Systems: Leading the Charge in Smart Agriculture with Advanced Networking Solutions

Cisco Systems, Inc., is a global leader in networking technology, playing a crucial role in building the infrastructure that powers the Internet. They offer a wide range of hardware, software, and services that help businesses, governments, and individuals connect securely and efficiently. The company offers smart agriculture solutions aimed at boosting farm efficiency, income, and supply chain connections. Using tools like data analytics, sensors, and satellite imagery, Cisco Systems, Inc., builds a central platform integrating data-driven insights, collaboration tools, secure networks, and web portals. This creates an IoT ecosystem that enhances agricultural yield and profitability.

In December 2022, Cisco Systems, Inc., partnered with SatSure (US), a data analytics startup, to help governments address specific needs in smart agriculture. This collaboration showcases the effectiveness of Cisco LaunchPad, their accelerator program, in fostering innovation and mutual benefit for businesses.

Top Questions Answered by the Digital Agriculture Market Report

How is the digital agriculture market evolving?

What are the key drivers of digital agriculture industry growth?

What benefits does digital agriculture offer to farmers?

Which region expected to hold largest digital agriculture market share

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Hydroponics Market Poised for Rapid Growth Revolutionizing Agriculture with Sustainable, Soilless Cultivation

Hydroponics is the process of growing plants in a soilless environment with mineral nutrient solutions instead of soil. Hydroponics offers several advantages over traditional soil-based agriculture such as higher yield per unit area, minimal environmental effect, and independence from weather and pests. Hydroponic systems provide the plants with essential nutrients and water directly to their roots through dissolvable fertilizers. It makes use of less water as there is no run-off and drainage and produces quicker growth of plants.

The Hydroponics Market is estimated to be valued at US$ 10.6 billion in 2028 and is expected to exhibit a CAGR of 12% over the forecast period 2028. Key Takeaways Key players operating in the Hydroponics Market are Argus Control Systems Ltd., BrightFarms Inc., Circle Fresh Farms, Horti Tech, Hydrodynamics International, and Koninklijke Philips NV. Hydroponics facilitates higher yields and more frequent harvests per year compared to traditional farming. It produces yields 4-6 times greater than soil-based agriculture while using 95% less water. Key players are expanding their production facilities globally to meet the growing demand for contamination-free vegetables and fruits. The growing Hydroponics Market Growth for organic foods and rising environmental concerns over conventional farming practices are fueling the adoption of hydroponics worldwide. Furthermore, scarcity of arable land and shortage of freshwater resources are encouraging farmers to opt for sustainable soilless cultivation techniques. Countries in Asia Pacific and Middle East & Africa regions are increasingly implementing hydroponic farming systems to ensure food security. Market Key Trends One of the major trends in the hydroponics market is the increasing investment in indoor vertical farming projects. Indoor vertical farms maximize space utilization and enable year-round production regardless of weather conditions. Led by artificial intelligence (AI) and Internet of Things (IoT), they facilitate real-time monitoring of hydroponic parameters for optimum plant growth. With several notable projects underway, vertical farming is expected to revolutionize urban agriculture.

Porter's Analysis Threat of new entrants: Low startup costs and technical know-how are relatively low barriers for new entrants in hydroponics market. Bargaining power of buyers: Large retail buyers and online platforms have significant bargaining power against hydroponics suppliers. Bargaining power of suppliers: Specialized equipment manufacturers and distributors of hydroponic nutrients have some bargaining power over cultivators. Threat of new substitutes: Technologies like aeroponics and aquaponics pose threat of substitution to hydroponics systems in long run. Competitive rivalry: Many small and medium scale cultivators compete intensely to supply vegetables through grocers as well as online platforms. Geographical Regions North America accounts for the largest share in global hydroponics market, driven by early adoption and higher consumer spend in the US and Canada. Countries like Netherlands, Germany, Spain are the major markets in Europe due to emphasis on sustainable agricultural practices. Major share of hydroponics produce in Asia Pacific is concentrated in China, Japan and Australia owing to land and water constraints in these densely populated nations. The fastest growing regional market for hydroponics is Latin America led by Brazil, Chile and Colombia. This growth can be attributed to rising area under greenhouse cultivation supported by government initiatives and increasing exports of high value crops. Countries like Kenya and Morocco in Africa are also emerging as lucrative markets for hydroponics with growing commercial greenhouse industry.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)