Smart Agriculture Market Analysis, Segments, Size, Share, Global Demand, Manufacturers, Drivers and Trends to 2027

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Smart Agriculture Market Size in 2020 was worth US $ 13.7 Bn. at a CAGR of 9.7 % and it is expected to reach US $ 26.2 Bn. in 2027.

Smart Agriculture Market Overview:

The global smart agriculture market was valued at US$ 13.7 bn. in 2020. The principal elements driving demand are the growing automation of commercial greenhouses and the growing use of the Controlled Environment Agriculture (CEA) concept in greenhouses in order to produce higher yields and maintain optimal growth conditions. Cultivators are becoming more aware of the potential benefits of greenhouse farming, which has resulted in a rise in the number of commercial greenhouses being built. Cultivators have turned their focus away from traditional lighting systems and toward LED grow lights, which are easier to integrate into a CEA setup. Despite their high cost, LED grow lights are regarded suitable for indoor farming due to their long-term energy efficiency benefits.

The Maximize Market research report gives you a complete report of the Smart Agriculture Market. The study focuses on developing Market trends and important growth factors to assist Market participants in identifying opportunities in the Smart Agriculture Market. The research provides a comprehensive overview of the Market, as well as Market financials such as Market size from 2015 to 2020, with 2020 as the base year and forecast years 2021-2027. The breadth and segments of the Smart Agriculture Market are covered in the Maximize Market Research report, which categorises it by product type, application areas, and geographies. The Market segmentation prioritises specific Markets and prospects over individual segments. North America, Europe, APAC, South America, and MEA are the major regions of the world included in the report. This provides a revenue forecast for each region from 2021 to 2027.

COVID-19 Impact on Smart Agriculture Market:

Different racial and ethnic groups reacted differently to the COVID-19 dislike. Inequities in the social determinants of health, such as income and wealth, access to and use of health care, education, occupation, discrimination, and housing, are all linked. Economic headwinds will come from a variety of directions for emerging Market and developing nations. Even this grim prognosis is fraught with uncertainty and huge dangers to the negative. The pace with which the crisis has engulfed the global economy may provide insight into the depth of the recession. Our highly skilled and informed team is always innovating and delivering innovative solutions to our clients, all while utilising the most cutting-edge technologies.

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The key manufacturers in the Smart Agriculture Market

• Agjunction, Inc.
• Trimble, Inc.
• Deere & Company
• Trimble, Inc.
• AG Leader Technology
• Sst Development Group, Inc
• Agco Corporation
• The Climate Corporation
• Precision Planting, Inc.
• Semiosbio Technologies Inc.
• DeLaval
• Antelliq
• Afimilk Ltd.
• Raven Industries
• AgJunction
• Argus Control Systems Ltd.
• Agribotix LLC
• Autonomous Solutions, Inc.
• CNH Industrial
• CLAAS
• CropZilla Software, Inc.

This Maximize Market research report shows the possible economic benefits of investing in the Smart Agriculture Market to provide a greater understanding of the industry. Not only does the research provide a bright view for the Market, but it also analyses the drawbacks and risks that may arise for investment or competitiveness as a result of the emergence of some unfavourable aspects. The study's research analysts and industry speakers share their forecasts of the Smart Agriculture industry. The goal of this Maximize Market Research report is to compile the opinions and recommendations of the industry leaders who were contacted throughout the research.

Smart Agriculture Market Regional Analysis Includes:

• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• North America (the United States, Mexico, and Canada.)
• South America (Brazil etc.)
• The Middle East and Africa (GCC Countries and Egypt.)

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The overall purpose of the Maximize Market research report is to determine Market priorities and bottlenecks. The paper also offers advice on how to best handle the risks posed by new and disruptive technologies. Most importantly, referring to this report assists Market participants in staying informed of changing Market dangers and providing the best advice possible to Market participants, as well as the introduction or amendment of regulatory processes. This Maximize Market Research report study contains results and suggestions tailored to all Market players, investors, stakeholders, and other participants in the Smart Agriculture Market. This Maximize Market research report will serve as a valuable resource for those looking to acquire a competitive advantage in the Market.

Segmentation:

Based on agriculture type, the Livestock Monitoring segment held the largest share of 22.04% in 2020. To maintain optimal yields, precision livestock monitoring allows for real-time monitoring of livestock health, production, and welfare. Market players have been recommended to focus on new product launches and significant cost savings related to livestock monitoring management due to factors such as expanding dairy farm size and rising technical breakthroughs, such as precision livestock monitoring. Because of its overall contribution, livestock has a substantial role in the agriculture sector. It is a crucial part of poverty reduction initiatives, and it can be produced fast because all of the necessary inputs are available in sufficient numbers in the country.

The study examines these categories in depth, as well as their Market financials, such as Market size from 2015 to 2020, with 2020 as the base year and forecast years 2021-2027.

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