Smart Farming Market, Global Outlook and Forecast 2023-2030
Smart farming is the application of modern information and communication technologies (ICT) in agriculture to increase crop production. In smart farming, most modern systems are used for gaining continuous sustainability, along with achieving the best of quality, quantity, and return on investment. Smart farming uses a range of technologies that include global positioning system (GPS), sensors, controllers, light emitting diode (LED) lights, software, and so on to enhance the yield of crops.
This report aims to provide a comprehensive presentation of the global market for Smart Farming, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Farming. This report contains market size and forecasts of Smart Farming in global, including the following market information:
Global Smart Farming Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Smart Farming market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The purchase volume of automation and control systems is increasing in the agricultural sector because they are used for predictive management of the overall production of crops. The smart agriculture market is experiencing growth in the automation and control systems segment because these smart farm systems are capable of displaying real-time and accurate data to help farmers learn about the condition of crops.
We surveyed the Smart Farming companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Farming Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Farming Market Segment Percentages, by Type, 2022 (%)
Automation and Control Systems
Smart Agriculture Equipment and Machinery
Others
Global Smart Farming Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Farming Market Segment Percentages, by Application, 2022 (%)
Soil and Crop Management
Fleet Management
Storage and Irrigation Management
Indoor Farming
Others
Global Smart Farming Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Farming Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Farming revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Smart Farming revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
John Deere
Raven Industries
AGCO
Ag Leader Technology
DICKEY-john
Auroras
Farmers Edge
Iteris
Trimble
PrecisionHawk
Precision Planting
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Farming, market overview.
Chapter 2: Global Smart Farming market size in revenue.
Chapter 3: Detailed analysis of Smart Farming company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Farming in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.