Smart Farming Market Share, Forecast, Overview and Key Companies Analysis by 2028


The global Smart Farming Market is expected to reach USD 24.76 Billion by 2027, according to a new report by Emergen Research. The smart farming industry is projected to be powered by factors such as steady population growth, low supply of cultivable land, subsidies from the government, and demand for new and high-quality food.

The report provides detailed insights into Smart Farming market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Smart Farming market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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The steady Smart Farming market share growth can be attributed to a variety of factors and trends in the global Smart Farming market currently. Global Smart Farming market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Smart Farming market share growth over the forecast period.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Smart Farming market share contribution of these countries. In addition, Smart Farming market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Smart Farming Market include are:

  • Key participants include Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

mergen Research has segmented the global Smart Farming Market on the basis of farming type, offerings, application, and region:

    • 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
      • Others

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In terms of Smart Farming market share and revenue contribution to the global Smart Farming market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Smart Farming market share.

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Smart Farming Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Smart Farming industry

Asia Pacific market share contribution to the global Smart Farming market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Smart Farming market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.  

Steady increase in Europe Smart Farming market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Smart Farming market going ahead.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/2

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Smart Farming industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Smart Farming market across different regions?
  • Who are the major driving forces expected to decide the fate of the Smart Farming industry worldwide?
  • Who are the prominent market players making a mark in the Smart Farming market with their winning strategies?
  • Which Smart Farming industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Smart Farming market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Smart Farming Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Smart Farming Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Smart Farming Market Segmentation & Impact Analysis

    4.1. Smart Farming Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Smart Farming Market indicators analysis

          4.2.2. Smart Farming Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Smart Farming Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Smart Farming products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Smart Farming Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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1.     Strong Industry Focus

2.     Extensive Product Offerings

3.     Customer Research Services

4.     Robust Research Methodology

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6.     Latest Technological Developments

7.     Value Chain Analysis

8.     Potential Market Opportunities

9.     Growth Dynamics

10.  Quality Assurance

11.  Post-sales Support

 

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