#Smart Agriculture Market

[ujwala-hole11]

Smart Agriculture Solution Market Plans Addressing Climate Change and Sustainability Challenges

Smart agriculture solutions are transforming the farming industry by integrating technology, automation, and data analytics to optimize agricultural operations. With the increasing global population and rising demand for food security, precision farming methods are becoming essential. This article explores key market plans and strategies that are shaping the future of the smart agriculture solution market.

Smart Agriculture Solution Market Plans: Leveraging AI and IoT for Precision Farming

Artificial Intelligence (AI) and the Internet of Things (IoT) are playing a crucial role in precision farming. Companies are developing AI-powered crop monitoring systems and IoT-enabled smart sensors to collect real-time data on soil health, weather conditions, and crop growth. These innovations help farmers make data-driven decisions to maximize yields and minimize waste.

Smart Agriculture Solution Market Plans: Expanding Digital Agriculture Technologies

The digital transformation of agriculture is a key focus for market players. Investments in digital platforms, cloud computing, and mobile applications allow farmers to access real-time data, monitor farm activities, and receive automated recommendations. The adoption of digital agriculture technologies is expected to enhance farm efficiency and increase profitability for agribusinesses.

Smart Agriculture Solution Market Plans: Investments in Automation and Robotics

Automation and robotics are revolutionizing traditional farming methods by reducing labor costs and increasing efficiency. Companies are investing in autonomous tractors, robotic harvesters, and smart irrigation systems to improve productivity. The integration of robotics in agriculture reduces dependency on manual labor and enhances operational accuracy in large-scale farming.

Smart Agriculture Solution Market Plans: Addressing Climate Change and Sustainability Challenges

Climate change poses significant risks to agricultural productivity. To address these challenges, companies are focusing on sustainable smart farming solutions, including climate-resilient crops, vertical farming, and precision irrigation techniques. These strategies help mitigate the adverse effects of climate change and promote environmentally friendly agricultural practices.

Smart Agriculture Solution Market Plans: Data Analytics and Predictive Farming Strategies

Big data analytics and predictive farming models are transforming decision-making in agriculture. By analyzing historical and real-time data, companies are developing predictive models to forecast crop yields, detect pest infestations, and optimize planting schedules. Data-driven insights empower farmers to improve efficiency and reduce losses caused by unpredictable environmental factors.

Smart Agriculture Solution Market Plans: Integrating Drones and Remote Sensing Technologies

Drones and remote sensing technologies are gaining traction in the smart agriculture market. Companies are deploying drones for aerial surveillance, crop health analysis, and field mapping. These technologies provide high-resolution images and real-time insights, allowing farmers to monitor large-scale farms efficiently and take immediate action against potential threats.

Smart Agriculture Solution Market Plans: Enhancing Water Management and Irrigation Systems

Water scarcity is a critical challenge in agriculture, and smart irrigation systems are addressing this issue effectively. Companies are investing in IoT-enabled irrigation technologies, soil moisture sensors, and automated water distribution systems. These solutions optimize water usage, prevent over-irrigation, and contribute to sustainable farming practices.

Smart Agriculture Solution Market Plans: Government Policies and Incentives for Market Growth

Governments worldwide are introducing policies and incentives to encourage the adoption of smart agriculture solutions. Funding programs, subsidies for precision farming equipment, and tax benefits for agritech investments are driving market growth. Companies are aligning their strategies with government initiatives to enhance their market presence and expand adoption rates.

Smart Agriculture Solution Market Plans: Overcoming Market Barriers and Adoption Challenges

Despite the benefits of smart agriculture, challenges such as high initial costs, lack of technical knowledge, and connectivity issues hinder widespread adoption. Companies are focusing on cost-effective solutions, farmer education programs, and improved rural connectivity to overcome these barriers. Increasing awareness and affordability will accelerate the adoption of smart farming technologies.

Smart Agriculture Solution Market Plans: Future Roadmap for Smart Farming Innovations

The future of smart agriculture lies in continuous innovation. Companies are developing AI-powered crop protection solutions, blockchain-based supply chain management systems, and genetically engineered crops to enhance productivity. The market is expected to witness rapid advancements in automation, connectivity, and sustainability, shaping the next generation of agriculture.

Conclusion

The Smart Agriculture Solution market is poised for significant growth as technology continues to revolutionize farming practices. Investments in AI, IoT, automation, and data analytics are driving innovation, increasing productivity, and promoting sustainable farming methods. As governments and private organizations collaborate to overcome market barriers, the adoption of smart agriculture solutions will expand globally. The future of agriculture is digital, and strategic market plans will ensure a resilient and efficient farming industry.

[industryforecastnews]

Smart Agriculture Market Size, Share And Industry Report, 2030

Smart Agriculture Market Growth & Trends

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.

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.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/smart-agriculture-farming-market

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.

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

Software

Types

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

Precision farming application

Livestock monitoring application

Smart greenhouse application

Others

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

North America

Europe

Asia Pacific

South America

Middle East and Africa (MEA)

List of Key Players in the Smart Agriculture Market

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

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/smart-agriculture-farming-market

[harshnews]

Smart Agriculture Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

"Global Smart Agriculture Market – Industry Trends and Forecast to 2030

Global Smart Agriculture Market, By Agriculture Type (Precision Farming, Precision Forestry, Livestock Monitoring, Smart Greenhouse, Precision Aquaculture, Others), Solution (Network Management, Agriculture Asset Management, Supervisory Control and Data Acquisition, Logistics and Supply Chain Management, Smart Water Management, Others), Offering (Hardware, Software, Services), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Farm Labor Management, Financial Management, Feeding Management, Milk Harvesting, Breeding Management, Fish Tracking and Fleet Navigation, Water Quality Management, HVAC Management, Others) - Industry Trends and Forecast to 2023 to 2030.

Access Full 350 Pages PDF Report @

**Segments**

- **Hardware**: This segment includes devices such as sensors, drones, GPS systems, and automated farming tools that are utilized in smart agriculture practices. These hardware components play a crucial role in data collection, monitoring, and automation of various tasks on the farm.

- **Software**: Smart agriculture software solutions focus on data analytics, predictive modeling, and farm management systems. These tools help farmers make informed decisions, optimize resource allocation, and improve overall efficiency in agricultural operations.

- **Services**: The services segment covers a range of offerings including consulting, managed services, and support for smart agriculture technologies. Service providers in this segment assist farmers in implementing and utilizing smart agriculture solutions effectively.

**Market Players**

- **Deere & Company**: Deere & Company is a prominent player offering advanced precision agriculture technologies and solutions. The company's products include precision farming equipment and digital platforms for farmers to enhance productivity and sustainability.

- **Trimble Inc.**: Trimble specializes in precision agriculture technologies that enable farmers to improve crop yield and reduce input costs through the use of GPS and other integrated technologies. Their solutions cover precision agriculture hardware and software solutions.

- **Ag Leader Technology**: Ag Leader Technology provides precision agriculture tools such as displays, guidance and steering systems, and data management software to facilitate efficient farm management practices. The company focuses on empowering farmers with data-driven insights for better decision-making.

- **IBM Corporation**: IBM offers smart agriculture solutions powered by AI and IoT technologies to help farmers optimize resource usage, monitor crop health, and predict yield outcomes. Their integrated platforms support data-driven decision-making for sustainable agriculture practices.

The Smart Agriculture Market is witnessing significant growth driven by increasing adoption of advanced technologies in the agriculture sector. Hardware components such as sensors and drones are being increasingly utilized for monitoring crop conditions and environmental factors, while software solutions are enabling farmers to analyze data for precision farming practices. The services segment is also playing a crucial role in supporting farmers in implementing and managing smart agriculture technologies effectively. KeyThe smart agriculture market is experiencing robust growth as farmers and agricultural businesses increasingly embrace advanced technologies to optimize their operations. One of the key drivers of this growth is the rising need for efficient and sustainable agricultural practices to meet the growing global food demand. Smart agriculture solutions, encompassing hardware, software, and services, offer a comprehensive set of tools to address these challenges and drive improved productivity and resource management in the agriculture sector.

In the hardware segment, the adoption of devices such as sensors, drones, GPS systems, and automated farming tools is revolutionizing how farmers collect data, monitor crops, and automate tasks on their farms. These technologies enable real-time monitoring of crop conditions, soil health, weather patterns, and other environmental factors, allowing farmers to make data-driven decisions to optimize their operations. Furthermore, the integration of hardware components with software solutions enhances the efficiency and accuracy of data collection and analysis, leading to improved crop yields and reduced input costs for farmers.

On the software front, smart agriculture solutions are empowering farmers with advanced data analytics, predictive modeling, and farm management systems. These tools enable farmers to gain valuable insights into their operations, identify trends and patterns in their data, and make informed decisions to maximize productivity and profitability. The use of precision agriculture software not only streamlines farming practices but also helps in resource allocation, risk management, and overall operational efficiency on the farm.

The services segment of the smart agriculture market is also gaining traction as service providers offer consulting, managed services, and support to assist farmers in implementing and leveraging smart agriculture technologies effectively. These services play a crucial role in guiding farmers through the adoption process, providing training and technical assistance, and ensuring the seamless integration of hardware and software solutions into their existing operations. By partnering with experienced service providers, farmers can accelerate their digital transformation journey and unlock the full potential of smart agriculture technologies.

Overall, the smart agriculture market is poised for continuous growth and innovation as advancements in technologies such as AI, IoT, and data analytics drive further enhancements in agricultural practices.**Global Smart Agriculture Market, By Agriculture Type** - Precision Farming - Precision Forestry - Livestock Monitoring - Smart Greenhouse - Precision Aquaculture - Others

**Solution** - Network Management - Agriculture Asset Management - Supervisory Control and Data Acquisition - Logistics and Supply Chain Management - Smart Water Management - Others

**Offering** - Hardware - Software - Services

**Application** - Yield Monitoring - Field Mapping - Crop Scouting - Weather Tracking and Forecasting - Irrigation Management - Farm Labor Management - Financial Management - Feeding Management - Milk Harvesting - Breeding Management - Fish Tracking and Fleet Navigation - Water Quality Management - HVAC Management - Others

The global smart agriculture market is witnessing substantial growth with the increasing adoption of advanced technologies across various agriculture types such as precision farming, livestock monitoring, and smart greenhouse solutions. The market is driven by the growing need for efficient and sustainable agricultural practices globally to meet the rising demand for food. Solutions like network management, agriculture asset management, and smart water management are enabling farmers to optimize their resource allocation and enhance overall productivity in their operations.

In terms of offerings, hardware components such as sensors, drones, and automated farming tools continue to revolutionize data collection and monitoring practices on farms, leading to improved decision-making for farmers. Software solutions are empowering farmers with advanced analytics and predictive modeling capabilities, enabling them to make informed decisions

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Key Questions Answered with this Study

1) What makes Smart Agriculture Market feasible for long term investment?

2) Know value chain areas where players can create value?

3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for product/services?

5) What opportunity emerging territory would offer to established and new entrants in Smart Agriculture Market?

6) Risk side analysis connected with service providers?

7) How influencing factors driving the demand of Smart Agriculturein next few years?

8) What is the impact analysis of various factors in the Global Smart Agriculture Market growth?

9) What strategies of big players help them acquire share in mature market?

10) How Technology and Customer-Centric Innovation is bringing big Change in Smart Agriculture Market?

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[industrynewsupdates]

Smart Agriculture Market 2024-2030: Growth Share and Future Trends

The global smart agriculture market size was valued at USD 22.65 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2030. 

Increasing automation of commercial greenhouses and growing implementation of the controlled environment agriculture (CEA) concept in greenhouses, in a bid to obtain a higher yield and maintain optimum growing conditions, are the key factors driving demand during the forecast period. Cultivators realize the potential benefits of growing plants inside a greenhouse, which has led to the development of commercial greenhouses. Cultivators have shifted from the conventional lighting systems to LED grow lights as the latter can easily be integrated into a CEA setup. Although LED grows lights are high in cost, they are an ideal option for indoor farming, owing to their long-term benefits in terms of energy efficiency.

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

Smart agriculture companies are shifting their focus toward the development of equipment that is integrated with advanced sensors and cameras. Key technologies driving the market demand include livestock biometrics, such as RFID, biometrics, and GPS to help cultivators automatically obtain information regarding livestock in real-time. Furthermore, infrastructural health sensors are used for monitoring material conditions and vibrations in buildings, factories, bridges, farms, and other infrastructure. Coupled with an intelligent network, infrastructural health sensors help provide information to the maintenance team in real-time. In addition, agricultural robots are being used to automate farming processes, such as soil maintenance, weeding, fruit picking, harvesting, planting, plowing, and irrigation, among others.

To sustain profits, farmers are increasingly adopting smarter and more efficient agriculture technologies to deliver high-quality products to the smart agriculture market in sufficient quantities. Mobile technology aids in offering innovative types and applications that are used across the agricultural value chain.

Machine-to-Machine (M2M) applications are particularly suited for the agricultural sector, enabling farmers to monitor equipment, assess the environmental impact on production, precisely manage livestock and crops, and keep track of tractors and other agricultural equipment. M2M is an integral part of IoT, which describes the coordination of multiple devices, appliances, and machines connected to the internet through multiple networks.

The COVID-19 pandemic has brought widespread disruption to the global supply chain, resulting in food shortages and inflation. Necessary measures are required to strengthen the food supply chain and prepare for any future crisis. The ongoing pandemic has highlighted the significance of being able to carry out agricultural operations remotely. The ability of smart agricultural practices to help farmers recoup losses in a relatively shorter lead time is expected to drive future market growth.

Smart Agriculture Market Segmentation

Grand View Research has segmented the global smart agriculture market report based on type, offering, application, and region.

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

• Precision farming

• Livestock monitoring

• Smart greenhouse

• Others

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

• Hardware

o Automation & control systems

o Drones

o Application control devices

o Guidance system

o GPS

o GIS

o Remote sensing

o Handheld

o Satellite sensing

o Driverless tractors

o Mobile devices

o VRT

o Map-based

o Sensor-based

o Wireless modules

o Bluetooth technology

o Wi-Fi technology

o Zigbee technology

o RF technology

o Milking robots

o Sensing devices

o Soil sensor

o Nutrient sensor

o Moisture sensor

o Temperature sensor

o Water sensors

o Climate sensors

o Others

o HVAC system

o LED grow light

o RFID tags & readers

• Software

o Web-based

o Cloud-based

• Types

o System integration & consulting

o Maintenance & support

o Managed types

o Data types

o Analytics types

o Farm operation types

o Assisted professional types

o Supply chain management types

o Climate information types

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

• Precision farming application

o Yield monitoring

o On-farm

o Off-farm

o Field mapping

o Crop scouting

o Weather tracking & forecasting

o Irrigation management

o Inventory management

o Farm labor management

• Livestock monitoring application

o Milk harvesting

o Breeding management

o Feeding management

o Animal comfort management

o Others

• Smart greenhouse application

o Water & fertilizer management

o HVAC management

o Yield monitoring

o Others

• Others

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

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Russia

o Netherland

• Asia Pacific

o China

o Japan

o India

o Australia

o Singapore

• South America

o Brazil

• Middle East and Africa (MEA)

o Turkey

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

• The global agriculture 4.0 market was estimated at USD 67.73 billion in 2023 and is projected to grow at a CAGR of 11.6% from 2024 to 2030. 

• The global AI in food & beverages market size was valued at USD 8.45 billion in 2023 and is projected to grow at a CAGR of 39.1% from 2024 to 2030. 

Key Companies & Market Share Insights

Some of the key players operating in the market include 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 among others.

• AGCO Corporation is a U.S.-based agriculture equipment manufacturer. The company develops and sells products and solutions such as tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

• Deere & Company is engaged in the manufacturing & construction of agricultural and forestry machinery; drivetrains and diesel engines for heavy equipment; and lawn care machinery. Additionally, the company also manufactures and provides other heavy manufacturing equipment. The company serves diverse industries such as agriculture, forestry, construction, landscaping & grounds care, engines & drivetrain, government and military, and sports turf.

Prospera Technologies and Agrible, Inc. are some of the emerging market participants in the target market.

• Prospera Technologies is a global service provider of agriculture technology for managing and optimizing irrigation and crop health. The company provides AI-based sensors and cameras that aid farmers in crop monitoring.

• Agrible is a U.S.-based agriculture solution provider. The company helps customers in more than 30 countries optimize water use, crop protection, fertilization, fieldwork, research trials, food supply chains, and sustainability initiatives

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

Recent Developments

• In July 2023, Deere & Company announced the acquisition of Smart Apply, Inc. The company planned to leverage Smart Apply’s precision spraying to assist growers in addressing the challenges associated with input costs, labor, regulatory requirements, and environmental goals.

• In May 2023, AgEagle Aerial Systems Inc. announced that it had entered into a 2-year supply agreement with Wingtra AG. This agreement is purposed to secure the supply of RedEdge-P sensor kits for incorporation with WingtraOne VTOL drones. This is specifically resourceful for those seeking to benefit materially from unparalleled, high precision, and plant-level detail in commercial agriculture, environmental research, forestry, and water management applications.

• In April 2023, AGCO Corporation announced a strategic collaboration with Hexagon, for the expansion of AGCO’s factory-fit and aftermarket guidance offerings. The new guidance system was planned to be commercialized as Fuse Guide on Valtra and Massey Ferguson tractors.

• In February 2023, Topcon Agriculture unveiled the launch of Transplanting Control, an exceptional guidance control solution for specialty farmers. This turnkey solution was designed to boost efficiency, reduce labor, and proliferate production. Further, it delivers GNSS-driven guidance, autosteering & control, thereby proving advantageous for the growers of perennial trees, vegetables, and fruits.

• In January 2023, ASI Logistics in collaboration with SICK, Inc. announced the successful implementation of autonomous yard truck operations. In this collaboration, ASI Logistics leveraged its groundbreaking Vehicle Automation Kit (VAK) along with the industry-leading LiDAR systems of SICK.

• In March 2022, Raven announced its business expansion in South Dakota and Arizona to enhance the development of AI-driven technologies for tailoring cutting-edge solutions. The strategy was also aimed at allowing access to a nearby test farm for same-day testing.

• In October 2021, BouMatic announced the acquisition of SAC Group to leverage automatic and conventional milking systems. The transaction demonstrated the company’s incessant commitment to delivering best-in-class dairy farm solutions to consumers across the world.

• In May 2021, AGCO announced a targeted spraying solutions strategic collaboration with Raven Industries Inc., BASF Digital, and Robert Bosch GmbH. The objective of this deal was to assess the targeted spraying technology for enhancing crop protection product applications by limiting crop input costs and addressing environmental sustainability.

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

[samuel67m]

Wings Engine: Smart agriculture enters a new era of intelligence

In today’s rapidly advancing technological era, agriculture is also undergoing a transformation towards intelligence and digitalization. Smart agriculture has achieved refined management of the agricultural production process and efficient resource utilization through advanced technology. In this context, Wings Engine, a powerful three-dimensional Geographic Information System (GIS) tool, integrates with smart agriculture to infuse modern farming with new vitality.

The core advantage of Wings Engine lies in its exceptional three-dimensional GIS capabilities, which have been fully utilized in smart agriculture. Through Wings Engine, agricultural managers can visually display terrain, soil distribution, and crop growth conditions on a 3D map. Whether it’s a large-scale farm or a small family farm, farmers and agricultural technicians can easily access this critical geographic information to better manage field operations.

A prominent application scenario is precision agriculture. In traditional farming, fertilization, irrigation, and pest control often rely on experience and general standards. However, different areas of a field can have significant variations. With Wings Engine, managers can use multi-source data for comprehensive analysis, such as satellite remote sensing data, drone-captured images, and sensor data. The visual display of these data allows farmers to precisely adjust agricultural inputs based on the specific conditions of their fields.

Additionally, Wings Engine excels in disaster warning and response. Agricultural production often faces threats from weather, pests, and other natural disasters. By leveraging Wings Engine, agricultural managers can monitor weather changes and crop health in real time. If anomalies such as extreme weather alerts or signs of pest outbreaks are detected, the system can immediately issue warnings, allowing farmers to take preventive measures promptly. For instance, by analyzing meteorological data and historical disaster information, Wings Engine can help predict potential pest outbreak times and locations, making pest control efforts more effective.

Looking ahead, with the widespread use of IoT devices in agriculture, Wings Engine will be able to access more real-time data sources, such as soil sensors, weather stations, and agricultural equipment data. This will make smart agriculture management systems even more intelligent, enabling higher levels of automation and precision management. At the same time, with the advancement of artificial intelligence technology, Wings Engine is expected to introduce more intelligent analysis functions, providing finer decision support for agricultural production.

Overall, the integration of Wings Engine with smart agriculture has brought revolutionary changes to agricultural production. It not only improves production efficiency and resource utilization but also enhances the sustainability of agricultural production. As technology continues to advance, Wings Engine will play an increasingly important role in the field of smart agriculture, providing strong technical support for the future development of global agriculture.

[tritonmarketresearchamey]

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.

 

FAQ:

Q 1) What are the revenue estimations for the global smart agriculture market?

The global smart agriculture market was valued at $12.52 billion in 2021 and is expected to reach $24.88 billion by 2028.

Q2) Which segments are covered under the smart agriculture market?

Type and component are the segments covered in the smart agriculture market.

[vipinmishra]

Smart Agriculture Market Analysis: Assessing Size, Share, and Forecast

Adoption of cloud computing for real-time farm data management and growing advancements in greenhouse & precision farming is expected to drive the Global Smart Agriculture Market growth in the forecast period, 2025-2029

According to TechSci Research report, “Smart Agriculture Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Smart Agriculture Market stood at USD 15.76 Billion in 2023 and is anticipated to grow with a CAGR of 8.65% in the forecast period, 2025-2029. The global smart agriculture market is driven by several key factors. The increasing global demand for food due to rapidly growing populations necessitates efficient and effective farming practices, which smart agriculture can provide. Advancements in technology, such as IoT and AI, have allowed for the development of innovative smart farming solutions, from precision agriculture to digital livestock monitoring.

Government initiatives promoting sustainable farming practices also contribute significantly to the growth of this market. Increasing awareness among farmers about the benefits of smart agriculture, such as increased crop yields and reduced farming costs, is also a major driver.

The global smart agriculture market is experiencing significant growth due to several key factors. There is a growing demand for higher crop yield to meet the ever-increasing food requirements of a rapidly expanding population. As the world's population continues to grow, it becomes crucial to find innovative ways to produce more food efficiently. The rapid adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technologies in farming practices is revolutionizing the agriculture industry. These advanced technologies enable farmers to collect and analyze vast amounts of data, empowering them to make data-driven decisions and optimize resource utilization. By leveraging IoT and AI, farmers can monitor and control various aspects of their operations, such as irrigation, fertilization, and pest control, with greater precision and efficiency.

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Furthermore, there is a growing emphasis on livestock monitoring and disease detection in the smart agriculture industry. Farmers are increasingly recognizing the importance of ensuring the health and well-being of their animals. With the integration of IoT devices and AI algorithms, farmers can remotely monitor the vital signs and behavior of their livestock, enabling early detection of any potential health issues. This proactive approach to livestock management helps in preventing the spread of diseases and minimizing losses.

Looking ahead, the outlook for the smart agriculture market remains highly positive, with experts predicting significant expansion in the coming years. Advancements in technology, such as the development of advanced sensors, precision agriculture tools, and autonomous farming equipment, will continue to drive further growth and innovation in the industry. These technological advancements empower farmers to optimize their operations, reduce resource wastage, and increase overall productivity. Moreover, governments worldwide are showing increased support and investment in smart agriculture initiatives. They recognize the potential of these technologies to improve agricultural productivity, sustainability, and profitability. Governments are actively promoting the adoption of smart agriculture practices through subsidies, grants, and regulatory frameworks.

The global smart agriculture market is on a trajectory of impressive growth, fueled by the need for higher crop yield, the integration of IoT and AI technologies, and the focus on livestock monitoring and disease detection. With continuous advancements in technology and unwavering government support, the future of smart agriculture looks promising. This industry holds immense potential for farmers and stakeholders in the agriculture sector, opening up new opportunities for increased productivity and profitability. As we move forward, it is crucial for all stakeholders to collaborate and innovate, ensuring sustainable and efficient practices that will benefit both the industry and the planet.

The Global Smart Agriculture Market is segmented into offering, application, regional distribution, and company.

Based on offering, Software has emerged as the dominant force in the global smart agriculture market, revolutionizing agricultural operations with its unparalleled ability to enhance productivity, efficiency, and accuracy. Through advanced software solutions, farmers gain access to a wide range of capabilities, including real-time farm monitoring, precise weather forecasting, and data-driven crop management. These sophisticated tools enable farmers to make informed decisions about cultivation practices and livestock management, resulting in minimized waste, improved yield, and heightened profitability.

In addition, the advent of Internet of Things (IoT) and Artificial Intelligence (AI) technologies has further spurred the demand for sophisticated software platforms in agriculture. These platforms have become an integral component of modern smart farming practices, facilitating seamless integration of data analytics, automation, and predictive modeling. By harnessing the power of these technologies, farmers can optimize resource allocation, mitigate risks, and drive sustainable agricultural practices. With software at the forefront of smart agriculture, the industry is poised for continuous growth and innovation. As technology continues to evolve, we can expect even more advanced software solutions that empower farmers to unlock the full potential of their land and maximize their yields, ensuring a prosperous and sustainable future for the agriculture sector.

Based on region, North America stands at the forefront of the global smart agriculture market for several compelling reasons. Firstly, the region boasts a significant number of tech-savvy farmers who enthusiastically embrace innovative technologies to enhance agricultural productivity. Their eagerness to adopt cutting-edge solutions has created a fertile ground for the growth and advancement of smart agriculture. Moreover, the presence of key market players in North America significantly contributes to its leadership position. These industry leaders continuously invest in research and development, driving the creation of advanced agricultural technologies and solutions. The collaboration between these players and the government, which actively supports and promotes the adoption of smart agricultural practices, further strengthens the region's dominance.

Furthermore, the rapid development of infrastructure and the widespread availability of high-speed internet in rural areas have revolutionized the integration of smart agricultural tools. Farmers in North America can seamlessly connect and utilize these tools to optimize their farming operations, leading to increased efficiency and productivity. Additionally, the increasing adoption of cloud computing technologies has played a pivotal role in shaping the smart agriculture landscape in North America. Cloud-based platforms offer farmers the ability to collect, analyze, and interpret vast amounts of data, enabling data-driven decision-making and precision agriculture practices.

This transformative approach has empowered farmers to maximize their yields while minimizing resource waste. The confluence of factors such as tech-savvy farmers, supportive government policies, presence of key market players, robust infrastructure, and the adoption of cloud computing technologies has firmly established North America as the global leader in smart agriculture. The region's commitment to innovation and the effective utilization of technology continue to drive the growth and advancement of the smart agriculture market, setting a remarkable example for other regions to follow.

Major companies operating in Global Smart Agriculture Market are:

AGCO Corporation

Ag Leader Technology, Inc.

BouMatic Robotic B.V.

GEA Group Aktiengesellschaft

Topcon Positioning Systems, Inc.

DeLaval Holding AB, Allflex USA, Inc.

Afimilk Agricultural Cooperative Ltd.

AKVA Group

Heliospectra AB

LumiGrow Inc.

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“The future of the Global Smart Agriculture Market looks incredibly promising with the advent of cutting-edge technologies and innovative practices. With the world population on the rise and a growing demand for food, there is an urgent need for sustainable farming methods to meet these challenges. This is where the smart agriculture industry comes into play, leveraging advancements like artificial intelligence, machine learning, and the Internet of Things (IoT) to revolutionize farming practices. These technological advancements enable farmers to optimize crop yield, reduce waste, and make more informed decisions based on data-driven insights.

For instance, AI-powered systems can analyze soil conditions, weather patterns, and plant health to provide real-time recommendations on irrigation, fertilization, and pest control. By harnessing the power of predictive analytics, farmers can proactively address potential challenges, optimize resource allocation, and maximize productivity. Moreover, the increasing adoption of data-driven farming techniques and predictive analytics not only benefits individual farmers but also contributes to the overall growth of the smart agriculture market.

As more farmers embrace these innovative practices, there will be a surge in demand for advanced sensors, drones, precision farming equipment, and farm management software. The Global Smart Agriculture Market is poised for exponential growth, driven by the need for sustainable farming practices, increasing population, and rising food demand. The integration of AI, machine learning, and IoT technologies will revolutionize the way we cultivate crops, ensuring efficient resource utilization, improved crop yield, and a more sustainable future for agriculture.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Smart Agriculture Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Offering (Hardware, Software, Services), By Application (Precision Agriculture, Livestock Monitoring, Smart Greenhouses, Others), By Region and Competition”, has evaluated the future growth potential of Global Smart Agriculture Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Smart Agriculture Market.

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[vivekguptahal]

Harvesting Sustainability: Transforming Agriculture Using Smart Technology

Cultivating Success: The Rise of the Smart Farmer

Agriculture is one of the world's largest industries, but it is under pressure. Climate change, fussy crops, weather extremes, market pressures, supply chain disruption and inadequate labor are putting farmers’ profitability at risk. Amidst these challenges, farmers must pioneer inventive ways to thrive. Next-gen automation holds immense potential in mitigating farming's climate impact and benefiting all stakeholders.

What is Smart Farming?

Smart farming optimizes agricultural practices by integrating the Internet of Things (IoT), artificial intelligence (AI), big data analytics and automation to enhance productivity, efficiency and sustainability.

Smart farming ensures:

Increased operational productivity

Reduced operational and energy costs

Healthier plants

Reduction in administrative work

Hitachi uses its expertise in digital technologies to implement smart farming systems to reduce the overall cost of producing and delivering food to consumers while improving environmental sustainability worldwide.

Technologies Driving Agriculture Automation

By leveraging AI, IoT and data analytics, Hitachi is revolutionizing farming, optimizing crop growth, resource management and overall agricultural efficiency.

For example, Hitachi’s digital lagoon monitoring helped a leading dairy farm to effectively manage its lagoon. The ability to take sensor data and combine it with other data sources and models enabled the farm to address environmental risks related to issues like overflowing lagoons, or animal health issues that could negatively impact the environment.

Hitachi has also worked with Australia’s Primary Industries and Regional Department to eliminate the weed problem that hinders farmers' work through a combination of image recognition, artificial intelligence, data analytics and satellite positioning to transform farming practices.

Hitachi works closely with its agriculture customers, blending solutions from its portfolio and the technology ecosystem to drive the Internet of Living Things to improve food security and environmental sustainability.

Canada’s largest provider of prepared meats and poultry is committed to both environmental sustainability and to creating efficient operations that maximize food production. Hitachi helped the company meet these goals with integrated digital technologies.

Leveraging Sustainable Digital Solutions to Automate Farming Processes: The Hitachi and Ag Automation

Hitachi and Ag Automation have collaborated to create a solution that enhances predictability in water usage for growers by leveraging data management and visualization technologies, allowing farmers to automate soil moisture data collection and remotely monitor and control irrigation systems, leading to improved crop management and increased yield. The Hitachi – Ag Automation partnership addressed farmers’ most daunting challenges, including:

Water scarcity

Lack of uniformity in crop sizes

Waste resulting from inefficient use of resources

High labor costs.

Ag Automation Reaps the Business and Environmental Benefits of Smart Farming

Soil moisture directly affects the size, uniformity, and quality of crops. But with weather and geographic variables in play, it’s also one of the most challenging factors to control. Hitachi and Ag Automation are making it possible for farmers to remotely monitor soil moisture levels and field irrigation requirements. By using transponders to monitor moisture and Hitachi VFDs to regulate irrigation flow, growers can easily detect and respond to events such as too much or too little pressure, pipe breaks and other issues.

In the words of Matt Foster, one of the co-founders of Ag Automation,

“Before automation, we drove roughly 400 miles a day to check on fields, pumps, equipment, soil moisture and probes in the field. Now we can check everything from the mobile app and spend our time where it needs to be rather than wasting it driving around.”

Read more on how Hitachi and Ag Automation are driving sustainability in farming:

https://social-innovation.hitachi/en-us/case_studies/digital-solutions-in-agriculture-drive-sustainability-in-farming/

Discover how Hitachi is driving digital transformation in manufacturing, energy, and transportation, among others, to achieve social, economic and environmental impact:

https://social-innovation.hitachi/en-us/think-ahead/

[esglatestmarketnews]

The Role of Technology in Promoting ESG Practices in Smart Agriculture Industry

Stakeholders are establishing ethos to bolster environmental, social and governance (ESG) performance in the smart agriculture industry. Forward-looking players are enriching the lives of producers and consumers through sustainable innovation to minimize environmental footprint. State-of-the-art technologies, including precision farming, automation, sensors and cloud computing, have become the next big thing in the agriculture industry. ESG investors are expected to drive capital flows to help farmers overcome livelihood and other barriers to adopting environmentally friendly smart technologies.

Governing bodies and watchdogs have vouched for building resilience for people, agriculture food system and sustainability to augment agricultural productivity and incomes. An unprecedented spike in the global population and shifting diets have spurred the demand for smart agriculture to manage cropland, forests and livestock.

A feature story on the World Bank website claimed that acute food insecurity in 2023 could overtake the food crisis witnessed in 2007-2008. With agriculture being prone to climate change, weather variability, soaring temperature and invasive crops have elicited challenges and opportunities for investors and other stakeholders. The World Bank infers that agriculture produces around 19–29% of total greenhouse gas (GHG) emissions.

Learn more about the practices & strategies being implemented by industry participants from the Smart Agriculture Industry ESG Thematic Report, 2023, published by Astra ESG Solutions

Environmental Perspective

The agriculture sector is witnessing a seismic shift with an increased focus on minimizing emissions, preventing deforestation and bolstering productivity. Climate-smart agriculture has become paramount to avoid or reduce GHG emissions, reflecting expectations from stakeholders that businesses should deliver not only profits & revenue but also ESG performance. Extreme weather events showed the repercussions of climate change on agriculture.

Farms are expected to count on bespoke solutions to foster their sustainability strategies. For instance, Argus Controls uses a proprietary control algorithm to automate the growing process and forecast specific needs, including watering, lighting and feeding cycles. With sustainable production gaining a stronghold, the North American cannabis cultivation and manufacturing experts unveiled Sustainable Cannabis Coalition (SCC) in January 2021 to propel sustainability practices in the cannabis industry.

Social Perspective

Farmers and investors are responding to the need for sustainable agricultural practices to underpin economic and nutrition livelihoods, employee safety & well-being and reinforce diversity, equity and inclusion. AGCO Corporation initiated the FOCUS 2.0 program with a 40-step blueprint to create a robust safety culture. It reduced its total case incident rate (TCIR) by 14% in 2022 vis-à-vis the preceding year, the company mentioned in the 2022 Sustainability Report.

The American agricultural machinery manufacturer underscored employee engagement through programs, including Voices. Predominantly in 2022, almost 20,000 employees shared their voices in the annual Voices Survey. The company noted that its engagement score stood at 69% and is on course to take the tally to the 75% target by 2025. The U.S.-based company collaborated with the Faça Um Bem Incrível” (Make a Great Good) social project in Brazil that redirects fresh produce which would otherwise go to waste. The initiative fostered over 150 rural workers and 20 local food producers.

Is your business one of participants to the Smart Agriculture Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices

Governance Perspective

The need for the Board to provide sustainability strategy, goals and policies has fueled the significance of sound governance, transparency, ethics & compliance, diversity and good corporate behavior. For instance, Cargill formed an ESG Committee to underscore governance and accountability. It has teamed up with the World Economic Forum, the World Business Council for Sustainable Development (WBCSD) and Tropical Forest Alliance (TFA) to undergird operation and stakeholders’ engagement.

The company has strengthened its ethics & compliance portfolio to set a foundation for sustainable growth. Cargill completed over 80,000 hours of mandatory online compliance training in 2022 on bribery and corruption, monitoring government donations & gifts and entertainment expenses. In January 2022, the company celebrated Ethics Week to foster employee ethics.

ESG investors expect farmers to overcome hurdles to adopt smart farming strategies. Accordingly, organic and inorganic strategies will be pronounced in the near terms. For instance, farmers in Sri Lanka augmented land under irrigation by 15% during the dry season, largely due to their training in the alternate wetting and drying (AWD) techniques. These dynamics validate Grand View Research’s valuation of the global smart agriculture market at USD 14.44 billion in 2021 which could witness a double-digit CAGR of 10.8% between 2022 and 2030.

About Astra – ESG Solutions by Grand View Research

Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. – a global market research publishing & management consulting firm.

Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.

For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research

[tomorrowsgardennc]

if invasive, then why so pretty?

[ashimbisresearch]

Smart Specialty Crop Farming Market Research Analysis & Forecast | BIS Research

The Smart Specialty Crop Farming Market is projected to reach $ 6,849.7 Mn by 2033 from $2,304.6 Mn in 2023, growing at a CAGR of 11.40% during the forecast 2024-2033.

[skyquest-market-research]

Smart Agriculture Market Size, Share, Growth and Forecast 2025-2032

The agriculture industry is undergoing a major transformation, driven by the adoption of advanced technologies. Smart Agriculture Market size is poised to grow from USD 15.7 Billion in 2024 to USD 32.47 Billion by 2032, growing at a CAGR of 9.51% during the forecast period (2025-2032). With pressures from climate change, population growth, and resource scarcity, the smart agriculture market is expanding rapidly.

What is Smart Agriculture?

Smart agriculture utilizes technologies like the Internet of Things (IoT), artificial intelligence (AI), big data analytics, drones, and robotics to optimize farming practices. These technologies collect real-time data, enhancing decision-making and reducing resource waste, leading to better crop yields, healthier soil, efficient water management, and improved livestock tracking.

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Key Drivers of the Smart Agriculture Market

Population Growth and Food Security: The global population is expected to reach 9.7 billion by 2050, increasing the demand for food. Smart agriculture enables farmers to maximize yields while minimizing resource consumption, helping address food security concerns.

Climate Change and Environmental Impact: Unpredictable weather patterns due to climate change are affecting farming. Precision tools like smart irrigation systems and weather forecasting help farmers adapt to environmental challenges, minimize water usage, and reduce environmental damage.

Technological Advancements: Advancements in AI, IoT, and automation have unlocked opportunities for more efficient farming. Smart devices such as sensors and drones provide valuable data, enabling farmers to optimize production and resource management.

Government Support: Many governments are incentivizing the adoption of smart agriculture technologies through policies, subsidies, and grants, promoting sustainability and helping farmers improve productivity.

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Key Segments of the Smart Agriculture Market

Precision Farming Technologies - Using GPS, IoT, and remote sensing, precision farming collects data on soil conditions, crop health, and weather patterns. This data allows for optimized planting, fertilizing, and harvesting, boosting productivity while conserving resources.

Drones and Aerial Imaging - Drones equipped with sensors and cameras provide high-resolution aerial imagery to monitor crop health, identify pests, and assess irrigation needs, helping farmers make more informed decisions.

Automation and Robotics - Automated systems such as autonomous tractors, harvesters, and planters help reduce labor costs and increase efficiency. These technologies streamline repetitive tasks, allowing farmers to focus on more complex decisions.

Smart Irrigation Systems - IoT sensors and weather forecasts enable smart irrigation systems to monitor soil moisture and adjust water usage. This reduces waste and ensures crops receive the optimal amount of water at the right time.

Livestock Monitoring and Management - Wearable sensors and tracking systems allow farmers to monitor animal health and behavior, improving productivity and preventing disease outbreaks.

Regional Insights

North America: The U.S. and Canada are leaders in smart agriculture, driven by technological innovation, government support, and widespread adoption of precision farming technologies.

Europe: Countries like Germany, the UK, and France are embracing smart farming to meet sustainability goals, supported by regulations that reduce carbon footprints and promote green farming practices.

Asia Pacific: China and India are rapidly adopting smart agriculture technologies to improve food security and manage resource scarcity. The region is set to experience the highest market growth due to strong government support and technological advancements.

Latin America: Brazil and Argentina are incorporating IoT sensors, drones, and smart farming solutions to improve efficiency and yield while reducing environmental impact.

Middle East and Africa: The region faces significant challenges, particularly water scarcity. Smart irrigation systems and drought-resistant crop monitoring technologies are in demand to mitigate the effects of climate change.

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Key Players in the Smart Agriculture Market

John Deere - A pioneer in precision farming, John Deere offers a variety of automated equipment for crop monitoring, planting, and irrigation management.

Trimble Inc. - Trimble provides GPS and remote sensing solutions for field mapping, crop scouting, and yield monitoring, supporting precision agriculture.

AG Leader Technology - AG Leader offers sensors, software, and automation systems for efficient planting, fertilizing, and harvesting in precision farming.

DeLaval - DeLaval specializes in livestock management solutions, including automation and monitoring systems that track animal health and optimize feeding.

Kubota Corporation - Kubota provides smart farming solutions, including automated tractors, drones, and smart irrigation systems designed to improve crop yields.

Challenges Facing the Smart Agriculture Market

High Initial Investment: The high upfront costs of smart agriculture technologies may be prohibitive, especially for small-scale farmers in emerging markets.

Technical Expertise: Farmers may lack the technical knowledge needed to implement and maintain advanced agricultural technologies. Training and support are crucial for successful adoption.

Data Security: With increased reliance on data, ensuring the security and privacy of agricultural data is essential to protect farmers from cyber threats.

Future Outlook

The smart agriculture market is poised to revolutionize the farming industry, offering solutions to global challenges such as food security, climate change, and resource management. With technological advancements and increased adoption across regions, smart agriculture will play a vital role in meeting the needs of a growing population while promoting sustainability and environmental stewardship. Key trends shaping the future include:

AI and Machine Learning: These technologies will enhance decision-making, predict crop yields, and optimize resource usage.

Blockchain: Blockchain will provide transparency and traceability in food production, ensuring fair pricing for farmers and food safety for consumers.

Sustainability: The growing demand for sustainable farming practices will accelerate the adoption of smart agriculture technologies, helping to reduce environmental impact.

[taniyaaskd]

 Livestock Grow Lights Market - Industry Trends and Forecast to 2029 Industry Statistics, Trends, Revenue Analysis, Forecast

"Livestock Grow Lights Market Size And Forecast by 2029

According to Data Bridge Market Research The livestock grow lights market is expected to witness market growth at a rate of 6.6% in the forecast period of 2022 to 2029.

Livestock Grow Lights Market is making significant strides in the industry with its latest advancements and strategic expansions. As a leading player, Livestock Grow Lights Market continues to revolutionize the sector with cutting-edge solutions and a commitment to excellence. The company’s recent initiatives have strengthened Animal Husbandry Lighting Market position in the global market, driving growth and innovation. With a strong focus on customer satisfaction, Poultry Farming LED Solutions Market has introduced new products and services designed to meet the evolving demands of consumers. By leveraging advanced technologies, Dairy Farm Lighting Market is set to redefine industry standards and enhance its competitive edge.

Livestock Grow Lights Market remains dedicated to sustainability and market leadership through innovative approaches. The company has expanded its operations, ensuring Swine Facility Lighting Market footprint grows across multiple regions. With increasing demand, Livestock Grow Lights Market is investing in research and development to drive continuous improvement. The latest reports highlight Livestock Grow Lights Market impressive performance, reinforcing its role as a market leader. Moving forward, Smart Agricultural Lighting Market aims to strengthen its impact through sustainable and customer-centric solutions.

Our comprehensive Livestock Grow Lights Market report is ready with the latest trends, growth opportunities, and strategic analysis. https://www.databridgemarketresearch.com/reports/global-livestock-grow-lights-market

**Segments**

- **By Type**: The livestock grow lights market can be segmented based on type into LED grow lights, fluorescent grow lights, incandescent grow lights, and others. LED grow lights are gaining popularity due to their energy efficiency and long lifespan compared to traditional lighting options.

- **By Livestock**: Livestock grow lights are used for various animals such as poultry, swine, cattle, and others. Different livestock have specific lighting requirements for growth, reproduction, and overall well-being, driving the demand for tailored lighting solutions.

- **By Application**: The market segmentation by application includes dairy farms, poultry farms, swine farms, and others. Each application may have unique lighting needs based on factors like space, ventilation, and animal behavior, influencing the choice of grow lights.

- **By Geography**: Geographically, the global livestock grow lights market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Factors like climate, regulations, and agriculture practices vary across regions, impacting the adoption of livestock grow lights.

**Market Players**

- **Signify Holding**: Signify Holding offers a range of LED grow lights specifically designed for livestock farming, providing customized lighting solutions for improved animal performance.

- **Osram GmbH**: Osram GmbH is a key player in the livestock grow lights market, offering innovative lighting technologies tailored to the specific needs of different livestock types.

- **Cree, Inc.**: Cree, Inc. provides high-quality LED grow lights that deliver optimal light spectrum for livestock growth and productivity, catering to the evolving demands of modern farming practices.

- **General Electric Company**: General Electric Company offers advanced lighting solutions for livestock applications, combining efficiency and durability to enhance the overall farm productivity.

The global livestock grow lights market is witnessing significant growth driven by the increasing adoption of advanced lighting technologies in livestock farming practices. LED grow lights are gaining prominence due to their energy-efficient nature and ability to mimic natural sunlight, promoting animal well-being and growth. With a focus on enhancing productivity and ensuring animal welfare, market players like Signify Holding, Osram GmbH, Cree, Inc., and General Electric Company are actively innovating and offering tailored lighting solutions for different livestock segments and applications across various regions. As the demand for sustainable and efficient farming practices continues to rise, the livestock grow lights market is expected to experience further expansion and technological advancements.

https://www.databridgemarketresearch.com/reports/global-livestock-grow-lights-Market The global livestock grow lights market is poised for robust growth in the coming years as the agricultural sector increasingly adopts advanced lighting solutions to enhance animal welfare and productivity. One of the key trends shaping the market is the growing preference for LED grow lights over traditional lighting options like fluorescent and incandescent lights. LED grow lights offer several advantages such as energy efficiency, long lifespan, and the ability to provide tailored light spectrum for various livestock species. This shift towards LED technology is driven by the need for sustainable farming practices that optimize resource usage and promote healthier growth in animals.

Another significant factor driving market growth is the increasing emphasis on customized lighting solutions for different livestock segments. Poultry, swine, cattle, and other animals have unique lighting requirements based on factors like growth cycles, reproductive behavior, and overall well-being. As a result, market players like Signify Holding, Osram GmbH, Cree, Inc., and General Electric Company are focusing on developing lighting technologies that cater to specific livestock needs, ensuring optimal conditions for growth and development.

Geographically, the market segmentation plays a crucial role in understanding regional dynamics and adoption rates of livestock grow lights. Different regions have varying climate conditions, regulatory frameworks, and agricultural practices that influence the demand for advanced lighting solutions. For example, regions like North America and Europe are early adopters of LED grow lights due to their focus on sustainable agriculture practices and technology-driven farming methods. On the other hand, Asia Pacific and Latin America are witnessing a gradual increase in the adoption of livestock grow lights as farmers look to improve productivity and animal welfare.

In terms of market players, competition is intense among leading companies offering innovative lighting solutions for livestock farming. Signify Holding, Osram GmbH, Cree, Inc., and General Electric Company are investing in research and development to introduce new products that address evolving market needs. These players are also focusing on strategic partnerships and collaborations to expand their market presence and offer comprehensive lighting solutions to livestock farmers worldwide.

Overall, the global livestock grow lights market is poised for steady growth driven by technological advancements, changing consumer preferences, and the increasing focus on sustainable farming practices. As the demand for efficient lighting solutions in livestock farming continues to rise, market players are expected to ramp up their efforts in product innovation, geographic expansion, and customer engagement to capitalize on emerging opportunities and solidify their positions in the competitive landscape.**Segments**

Global Livestock Grow Lights Market, By Type (Light-Emitting Diode (LED), Fluorescent, Incandescent, and High-Intensity Discharge (HID)), Livestock (Cattle, Poultry and Swine), Installation (Retrofit, New Installation), Colour Type (Green, Red, White, Blue), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.

The global livestock grow lights market is stratified based on various segments to cater to the diverse needs and requirements of the livestock industry. By type, the market encompasses LED grow lights, fluorescent grow lights, incandescent grow lights, and high-intensity discharge (HID) lights, providing options for different lighting preferences. Livestock segmentation includes cattle, poultry, and swine, aptly recognizing the distinct lighting requirements for various animal categories. Installation types such as retrofit and new installation offer flexibility in adapting lighting solutions to existing setups or incorporating them into new facilities. The color type segment comprising green, red, white, and blue options addresses the importance of light spectrum in influencing animal behavior and growth. Geographically, the market spans regions like North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, where unique factors like climate conditions and agricultural practices influence the adoption of livestock grow lights.

**Market Players**

- Agrilight BV - Aruna Lighting - Big Dutchman - CBM Lighting - Delaval - Enim UAB - Fienhage Poultry Solutions - Greengage Lighting - HATO BV - Once Inc. - Osram - Shenzhen Hontech-Wins - Signify Holding - Sunbird - Uni-Light LED

The competitive landscape of the global livestock grow lights market is populated by a diverse array of market players, each contributing to the industry's growth and innovation. Companies like Agrilight BV, Aruna Lighting, Big Dutchman, CBM Lighting, Delaval, Enim UAB, Fienhage Poultry Solutions, Greengage Lighting, HATO BV, Once Inc., Osram, Shenzhen Hontech-Wins, Signify Holding, Sunbird, and Uni-Light LED stand out as key players driving advancements in lighting technology for livestock farming. These players focus on developing tailored solutions for different livestock segments, addressing specific needs for cattle, poultry, and swine through innovative lighting products and services.

The market players mentioned are actively involved in research and development to introduce cutting-edge lighting technologies that enhance animal welfare, promote growth, and optimize farm productivity. Strategic collaborations, partnerships, and investments in new product launches are common strategies adopted by these companies to expand their market presence and meet evolving customer demands. With a strong emphasis on sustainability and efficiency in farming practices, these market players are at the forefront of promoting environmentally friendly and cost-effective lighting solutions for the livestock industry.

Overall, the global livestock grow lights market is poised for substantial growth in the forecast period, driven by technological advancements, customized lighting solutions, and the increasing adoption of LED technology. With a focus on enhancing animal well-being and farm productivity, market players are positioned to capitalize on emerging opportunities and shape the future of lighting in the livestock farming sector. The industry trends indicate a shift towards sustainable practices and tailored lighting solutions, paving the way for continued innovation and expansion in the livestock grow lights market.

The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Livestock Grow Lights Market :   https://www.databridgemarketresearch.com/reports/global-livestock-grow-lights-market/companies

Key Questions Answered by the Global Livestock Grow Lights Market Report:

What is the current state of the Livestock Grow Lights Market, and how has it evolved?

What are the key drivers behind the growth of the Livestock Grow Lights Market?

What challenges and barriers do businesses in the Livestock Grow Lights Market face?

How are technological innovations impacting the Livestock Grow Lights Market?

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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.

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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.