Smart Farming Market Size, Share, Growth Prospects, Demand and Overall Analysis & Forecasts to 2027
The latest report, titled ‘Global smart farming Market,’ comprises a profound analysis of the fundamental parameters contributing to the global smart farming market scenario. The research report provides the reader with an in-depth interpretation of the smart farming market dynamics, including the crucial drivers, opportunities, threats, and challenges.
Smart Farming Market Size – USD 12.62 billion in 2019, Smart Farming Market Growth – CAGR of 8.8%, Smart Farming Market Trends – High demand in the automotive sector.
Smart Farming Market By Farming Type (Livestock Monitoring, Precision Farming, Others), By Offerings (Software, Hardware, Others) and By Application (Livestock Monitoring Application, Precision Farming Application, Others), Forecasts to 2027
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Market overview
The report bifurcates the smart farming market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment
Competitive Landscape
The latest study provides an insightful analysis of the broad competitive landscape of the global smart farming market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global smart farming market and pinpoint the fundamental growth trends.
Key Features of the smart farming Market Report:
- The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Evaluation of key current and emerging market trends and growth prospects
- It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
Some major companies in the global market report include:
Deere & Company
Topcon Positioning Systems
Trimble, Inc.
DeLaval
Antelliq
Heliospectra,
Afimilk Ltd
InnovaSea Systems
AKVA group, and Nexus Corporation
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𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:
Regional analysis is an important component of a market research report, as it provides insights into how a particular market or industry varies across different geographic regions.
Key Geographies Profiled in the Report:
North America (the U.S., Mexico, and Canada)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Europe (the U.K., France, Germany, and Rest of Europe)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
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Market segmentation
Farming Type Outlook (Revenue, USD Billion; 2017-2027)
- Precision farming
- Livestock monitoring
- Smart greenhouse
- Others
Offerings Outlook (Revenue, USD Billion; 2017-2027)
- Hardware
- Software
- Services
Application Outlook (Revenue, USD Billion; 2017-2027)
- Precision Farming Application
- Livestock Monitoring Application
- Precision Aquaculture Application
- Smart Greenhouse Application
- Precision Forestry Application
Report Highlights:
- Besides offering a vivid depiction of the global smart farming business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
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