デフォルト表紙
市場調査レポート
商品コード
1521285

スマート農業市場レポート:農業タイプ、提供、農場規模、地域別、2024年~2032年

Smart Agriculture Market Report by Agriculture Type (Precision Farming, Livestock Monitoring, Smart Greenhouse, and Others), Offering (Hardware, Software, Service), Farm Size (Small, Medium, Large), and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 137 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=157.08円
スマート農業市場レポート:農業タイプ、提供、農場規模、地域別、2024年~2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 137 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のスマート農業市場規模は2023年に173億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに357億米ドルに達し、2024年から2032年の間に8.2%の成長率(CAGR)を示すと予測しています。急速な人口増加と食糧安全保障、生産性向上ニーズの高まり、資源不足の深刻化、天候不順の深刻化、著しい技術進歩、有利な政府イニシアティブなどが、スマート農業市場の成長を促進する主な要因です。

スマート農業市場の動向:

主な市場促進要因:スマート農業機器と実践を採用することの利点に関する農家の意識の高まりと、世界中で高まる高品質食品への需要が、主に市場の成長を促進しています。

主な市場動向:農家が低コストで食料を生産するのに役立つ自律走行トラクターや飛行ドローンなど、農業における技術的に高度な農業ロボットの統合は、市場の重要な主要動向の1つです。

地域情勢別:報告書によると、北米が最大の市場シェアを占めています。同地域の成長は、高度なインフラストラクチャー、強固な技術革新、農業プロセスの最適化に重点を置いていることに起因しています。さらに、北米は技術のエコシステムが高度に発達しており、この地域の主要市場プレイヤーの存在が市場に明るい見通しをもたらしています。

競合情勢:主要なスマート農業市場企業には、AG Leader Technology社、AGCO Corporation社、AgJunction Inc.社(株式会社クボタ)、CLAAS KGaA mbH社、CropMetrics LLC社(CropX Inc.社)、Deere &Company社、DICKEY-John社、Farmers Edge Inc.社、Gamaya社、Granular Inc.社(Corteva Inc.社)、Raven Industries Inc.社(CNH Industrial N.V.社)、Trimble Inc.社などがあります。

課題と機会:スマート農業市場は、初期投資コストの高さ、農家の認識と導入の遅れ、さまざまな技術の統合の複雑さといった課題に直面しています。しかし、食糧生産を持続的に増加させ、資源利用を最適化し、気候変動が農業に及ぼす影響を緩和する必要性によってもたらされる大きな機会もあります。

スマート農業市場傾向:

急速な人口増加と食糧安全保障への懸念の高まり

人口の増加、可処分所得の増大、生活水準の向上により、食糧需要が増大しています。その結果、農家は可変率播種や精密施肥のようなスマート農業技術を利用するようになり、収量の最適化と無駄の最小化に役立っています。あるデータ・レポートによると、2050年の世界の食糧需要を満たすためには、農業生産は世界中で48.6%増加しなければならないです。これに加えて、1ヘクタール当たりの耕地面積の減少や熟練労働者の不足も、スマート農業の必要性を高めています。さらに、都市化の進展により、農村部の家計は都市部への移住を余儀なくされています。この変化は、さまざまな地域で農業労働力の不足を招いています。例えば、インド経済モニタリングセンター(CMIE)の調査によると、インドでは農業就業者数が2022年の1億5,820万人から2023年には1億4,790万人に減少します。インド食料農業評議会は、2050年までに農業従事者の割合が25.7%減少すると予測しています。スマート農業の実践により、農家は資源利用を最適化し、資源不足を緩和し、持続可能な農業に貢献することができます。このことが、今後数年間のスマート農業市場需要を促進すると予想されます。

技術の進歩

さまざまな主要市場企業が、効率的なモニタリングを可能にし、タイムリーな意思決定を促進するために、技術的に進歩したセンサーを導入しています。さらに、精密農業は圃場間の作物のばらつきを観察、測定、対応することに重点を置いているため、多くの農家が精密農業を採用するようになってきています。さらに、精密農業は、2030年末までに農業における他の進歩を追い越すと予測されており、今後数年間でスマート農業市場の収益を促進すると予測されています。さらに、ETNOによると、農業におけるIoTアクティブ接続数は、2022年から2025年にかけてEUで増加すると予想されています。2022年には4,692万接続を記録し、2025年には7,026万接続に達すると予想されています。このほか、さまざまなテクノロジー・プロバイダーがパートナーシップを結び、より高度な精密農業ツールやデバイスを農家に提供しています。例えば、2023年10月、ディア・アンド・カンパニーは、スウェーデンに本社を置くデラバル社(Delaval)とミルク・サステナビリティ・センター(Milk Sustainability Center)、ノルウェーに本社を置くヤラ社(Yara)と持続可能性のためのデジタル精密農業ツールで提携しました。この提携は、農家が家畜や肥料のデータを追跡できるようにすることで、環境にもより良い、よりスマートなビジネス上の意思決定を行えるようにすることを目的としています。

有利な政府イニシアティブの実施

特に発展途上国では、生産性の最大化を目指す政府の取り組みが、近代的農業技術の利用を促しています。例えばインドでは、マハラシュトラ州政府が2022年10月に農薬散布にドローンを使用することを中央政府が許可したことを受け、政策を導入しました。これに加えて、農業活動にインセンティブを与え、農家の経済的負担を軽減するためのいくつかの政策、補助金、税制優遇措置、助成金の導入がスマート農業市場のシェアを拡大しています。例えば、カナダ政府は「カナダ農業ローン法」を導入し、農家が土地やトラクターを購入する際に最高50万米ドルのローンを提供しています。これに伴い、関係規制当局も機械オペレーターの研修プログラムに力を入れています。同様に、インドの農業・農民福祉省は、農業における全国電子統治計画(NeGPA)など、いくつかの取り組みを行っています。この計画では、国内のデジタル農業を促進するため、人工知能(AI)、機械学習(ML)、ロボット工学、ドローン、データ分析、ブロックチェーンなどの最新技術の利用を促進するための資金が提供されます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のスマート農業市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:農業タイプ別

  • 精密農業
    • 市場動向
    • 市場予測
  • 家畜監視
    • 市場動向
    • 市場予測
  • スマート温室
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:提供別

  • ハードウェア
    • 市場動向
    • 市場予測
  • ソフトウェア
    • 市場動向
    • 市場予測
  • サービス
    • 市場動向
    • 市場予測

第8章 市場内訳:農場規模別

  • 小さい
    • 市場動向
    • 市場予測
  • 中くらい
    • 市場動向
    • 市場予測
  • 大きい
    • 市場動向
    • 市場予測

第9章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • AG Leader Technology
    • AGCO Corporation
    • AgJunction Inc.(Kubota Corporation)
    • CLAAS KGaA mbH
    • CropMetrics LLC(CropX inc.)
    • Deere & Company
    • DICKEY-john
    • Farmers Edge Inc.
    • Gamaya
    • Granular Inc.(Corteva Inc.)
    • Raven Industries Inc.(CNH Industrial N.V.)
    • Trimble Inc.
図表

List of Figures

  • Figure 1: Global: Smart Agriculture Market: Major Drivers and Challenges
  • Figure 2: Global: Smart Agriculture Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Smart Agriculture Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Smart Agriculture Market: Breakup by Agriculture Type (in %), 2023
  • Figure 5: Global: Smart Agriculture Market: Breakup by Offering (in %), 2023
  • Figure 6: Global: Smart Agriculture Market: Breakup by Farm Size (in %), 2023
  • Figure 7: Global: Smart Agriculture Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Smart Agriculture (Precision Farming) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Smart Agriculture (Precision Farming) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Smart Agriculture (Livestock Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Smart Agriculture (Livestock Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Smart Agriculture (Smart Greenhouse) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Smart Agriculture (Smart Greenhouse) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Smart Agriculture (Other Agriculture Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Smart Agriculture (Other Agriculture Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Smart Agriculture (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Smart Agriculture (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Smart Agriculture (Software) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Smart Agriculture (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Smart Agriculture (Service) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Smart Agriculture (Service) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Smart Agriculture (Small) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Smart Agriculture (Small) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Smart Agriculture (Medium) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Smart Agriculture (Medium) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Smart Agriculture (Large) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Smart Agriculture (Large) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: North America: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: North America: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: United States: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: United States: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Canada: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Canada: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Asia-Pacific: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Asia-Pacific: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: China: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: China: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Japan: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Japan: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: India: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: India: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: South Korea: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: South Korea: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Australia: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Australia: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Indonesia: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Indonesia: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Others: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Others: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Europe: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Europe: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Germany: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Germany: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: France: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: France: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: United Kingdom: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: United Kingdom: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Italy: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Italy: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Spain: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Spain: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Russia: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Russia: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Others: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Others: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Latin America: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Latin America: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Brazil: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Brazil: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Mexico: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Mexico: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Others: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Others: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Middle East and Africa: Smart Agriculture Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Middle East and Africa: Smart Agriculture Market: Breakup by Country (in %), 2023
  • Figure 76: Middle East and Africa: Smart Agriculture Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Global: Smart Agriculture Industry: SWOT Analysis
  • Figure 78: Global: Smart Agriculture Industry: Value Chain Analysis
  • Figure 79: Global: Smart Agriculture Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Smart Agriculture Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Smart Agriculture Market Forecast: Breakup by Agriculture Type (in Million US$), 2024-2032
  • Table 3: Global: Smart Agriculture Market Forecast: Breakup by Offering (in Million US$), 2024-2032
  • Table 4: Global: Smart Agriculture Market Forecast: Breakup by Farm Size (in Million US$), 2024-2032
  • Table 5: Global: Smart Agriculture Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Smart Agriculture Market: Competitive Structure
  • Table 7: Global: Smart Agriculture Market: Key Players
目次
Product Code: SR112024A5242

The global smart agriculture market size reached US$ 17.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 35.7 Billion by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2024-2032. The rapid population growth and food security, rising need for increased productivity, escalating resource scarcity, elevating erratic weather patterns, significant technological advancements and favorable government initiatives, are some of the major factors propelling the smart agriculture market growth.

Smart Agriculture Market Trends:

Major Market Drivers: The growing awareness among farmers about the benefits of employing smart agriculture equipment and practices, along with the escalating demand for quality food across the globe, is primarily driving the growth of the market.

Key Market Trends: The integration of technologically advanced agricultural robotics in farming, such as autonomous tractors and flying drones that help farmers produce food at low costs, is one of the significant key trends for the market.

Geographical Landscape: According to the report, North America accounted for the largest market share. The growth in the region can be attributed to the advanced infrastructure, robust technological innovation, and a strong focus on optimizing agricultural processes. Moreover, North America has a highly developed ecosystem of technology, and the presence of key market players in the region is creating a positive outlook for the market.

Competitive Landscape: Some of the leading smart agriculture market companies are AG Leader Technology, AGCO Corporation, AgJunction Inc. (Kubota Corporation), CLAAS KGaA mbH, CropMetrics LLC (CropX Inc.), Deere & Company, DICKEY-john, Farmers Edge Inc., Gamaya, Granular Inc. (Corteva Inc.), Raven Industries Inc. (CNH Industrial N.V.), and Trimble Inc., among many others.

Challenges and Opportunities: The smart agriculture market faces challenges related to high initial investment costs, limited awareness and adoption among farmers, and the complexity of integrating various technologies. However, there are significant opportunities driven by the need to increase food production sustainably, optimize resource use, and mitigate the impact of climate change on agriculture.

Smart Agriculture Market Trends:

Rapid Population Growth and Rising Food Security Concerns

The growing population, inflating disposable incomes, and elevating standards of living have resulted in the increasing food demand. As a result, farmers are using smart agriculture techniques like variable rate seeding and precision fertilization, which help them optimize yields and minimize wastage. According to a data report, in order to meet the global food demand in 2050, agricultural production has to increase by 48.6 percent worldwide. Besides this, declining per hectare area of arable land and low availability of skilled labor are also augmenting the need for smart agriculture practices. Moreover, the elevating level of urbanization is enticing rural households to migrate to urban areas, as these areas offer a plethora of job opportunities. This shift has resulted in a shortage of farm labor in various regions. For instance, according to a survey by the Centre for Monitoring the Indian Economy (CMIE), India witnessed a drop in the number of people employed in agriculture from 158.2 million in 2022 to 147.9 million in 2023. Looking ahead, the Indian Council of Food and Agriculture anticipates a 25.7% decline in the percentage of agriculture workers in India by 2050. By adopting smart agriculture practices, farmers can optimize resource utilization, mitigate resource scarcity, and contribute to sustainable agricultural practices. This, in turn, is anticipated to propel the smart agriculture market demand in the coming years.

Technological Advancements

Various key market players are introducing technologically advanced sensors to enable efficient monitoring and facilitate timely decisions. Moreover, numerous farmers are increasingly adopting precision farming since it focuses on the observation, measurement, and response to crop variability between fields. Additionally, precision farming, which will overtake other advances in agriculture by the end of 2030, is predicted to propel the smart agriculture market revenue in the coming years. Furthermore, according to ETNO, the number of IoT active connections in agriculture was expected to increase in the European Union through the years 2022-2025. It was recorded at 46.92 million connections in 2022 and is expected to reach 70.26 million by 2025. Besides this, various technology providers are forming partnerships to offer more advance precision farming tools and devices to farmers. For instance, in October 2023, Deere & Co partnered with 2 Sweden-based Delaval on the Milk Sustainability Center and Norway-based Yara on digital precision agriculture tools for sustainability. This partnership aims to help farmers track livestock and fertilizer data so they can make smarter business decisions that are better for the environment as well.

Implementation of Favorable Government Initiatives

Government initiatives aimed at maximizing productivity, especially in developing countries, are encouraging the use of modern farming technologies. For instance, in India, the Maharashtra government introduced a policy following the Center's clearance of the use of drones to spray pesticides in October 2022. In addition to this, the introduction of several policies, subsidies, tax incentives, and grants to incentivize agricultural activities and alleviate financial burdens on farmers is augmenting the smart agriculture market share. For example, the Canadian government introduced the 'Canadian Agricultural Loans Act,' which offers farmers a loan of up to US$ 500,000 while purchasing land or a tractor. In line with this, concerned regulatory authorities are also focusing on training programs for machinery operators. Similarly, India's Ministry of Agriculture & Farmers' Welfare has undertaken several initiatives, including the National e-Governance Plan in Agriculture (NeGPA). Under this scheme, funds are provided to facilitate the use of modern technologies such as Artificial Intelligence (AI), Machine Learning (ML), robotics, drones, data analytics, and blockchain to encourage digital agriculture in the country.

Smart Agriculture Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global market report, along with the smart agriculture market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on agriculture type, offering, and farm size.

Breakup by Agriculture Type:

Precision Farming

Livestock Monitoring

Smart Greenhouse

Others

Precision farming dominates the market

The report has provided a detailed breakup and analysis of the market based on the agriculture type. This includes precision farming, livestock monitoring, smart greenhouse, and others. According to the report, precision farming represented the largest segment.

Precision farming leverages cutting-edge technologies such as GPS, remote sensing, and data analytics to provide farmers with detailed insights into their fields' conditions. This helps farmers to make informed decisions in real-time. As a result, the demand for precision farming techniques and devices is growing, which is bolstering the smart agriculture market recent price. Various farm owners are collaborating with technology providers to deploy precision farming practices. For instance, in October 2023, Zuari FarmHub, a leading agritech company in India, announced its partnership with CropX Technologies, a global agri-tech company specializing in digital agronomic solutions. The collaboration aims to revolutionize farming practices by introducing real-time monitoring technology that empowers farmers with data-driven insights for enhanced productivity and sustainability.

Breakup by Offering:

Hardware

Software

Service

Hardware holds the largest share in the market

A detailed breakup and analysis of the market based on the offering has also been provided in the report. This includes hardware, software and service. According to the report, hardware accounted for the largest market share.

Smart agriculture market statistics by IMARC indicate that the hardware components such as sensors, drones, GPS devices, and automated machinery serve as the foundation for gathering critical data and executing precision-based tasks. Farmers heavily rely on hardware to acquire accurate and real-time information about various parameters like soil moisture, temperature, crop health, and weather conditions. Consequently, various market leaders are providing technologically advanced devices to farmers to derive meaningful insights and make informed decisions regarding agricultural practices. For instance, Bhu-Vision was officially launched in August 2023 at AICRP (ICAR-IIRR), Hyderabad. It is a revolutionary IoT-based automated soil testing and agronomy advisory platform. This system seamlessly conducts 12 key soil parameter tests in just 30 minutes, providing quick, accurate results directly to farmers and stakeholders through a soil health card on their mobile devices. Such innovations are projected to positively impact the smart agriculture market outlook in the coming years.

Breakup by Farm Size:

Small

Medium

Large

Medium size farm account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the farm size. This includes small, medium, and large. According to the report, medium represented the largest segment.

Medium-sized farms occupy a unique position, balancing scale and resources to harness the benefits of both efficiency and adaptability. Medium-sized farms often possess the resources and infrastructure necessary to adopt modern smart agriculture technologies without the complexities associated with larger operations. They can invest in precision farming equipment, such as sensors, drones, and data analytics systems, enabling them to optimize crop management and resource utilization effectively. Furthermore, medium-sized farms are well-positioned to implement technological advancements while maintaining a level of personal oversight that might be challenging for larger operations. This adaptability allows them to respond to changing conditions swiftly and make informed decisions based on real-time data.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The smart agriculture market overview indicates that the growth in the region can be attributed to the advanced infrastructure, robust technological innovation, and a strong focus on optimizing agricultural processes. Moreover, North America has a highly developed ecosystem of technology, and the presence of key market players in the region is creating a positive outlook for the market. Various farming technology providers are entering collaborations and partnerships to offer advanced to the farmers. For instance, Trimble Agriculture, based in Westminster, Colorado, US, and xFarm Technologies announced a partnership in November 2022. Trimble, the global player in precision farming technology, provides farmers with more valuable and efficient solutions through integration with the xFarm app developed by tech company xFarm Technologies, which uses its digital platform to support and simplify the work of 120,000 farms spread across 1.7 million hectares in over 100 countries. Moreover, farmers in North America recognize the potential of technology to mitigate these challenges and enhance their competitiveness in a global market.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

AG Leader Technology

AGCO Corporation

AgJunction Inc. (Kubota Corporation)

CLAAS KGaA mbH

CropMetrics LLC (CropX Inc.)

Deere & Company

DICKEY-john

Farmers Edge Inc.

Gamaya

Granular Inc. (Corteva Inc.)

Raven Industries Inc. (CNH Industrial N.V.)

Trimble Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Smart Agriculture Market Recent Developments:

January 2024: Precision Planting unveiled its newest product, a fully custom, factory-built planting system called CornerStone. The CornerStone Planting System comes fully built with everything but the planter bar and is integrated with Precision Planting's technology.

November 2023: Hungarian-based ABZ Innovation launched a new crop spraying drone that can carry 30 liters of pesticides each flight. Powered by a 25000mAh battery, the L30 is designed for farms around 80 to 100 hectares in size and can spray up to 21 hectares per hour.

October 2023: Zuari FarmHub, a leading agritech company in India, announced its partnership with CropX Technologies, a global agri-tech company specializing in digital agronomic solutions. The collaboration aims to revolutionize farming practices by introducing real-time monitoring technology that empowers farmers with data-driven insights for enhanced productivity and sustainability.

Key Questions Answered in This Report

  • 1. What was the size of the global smart agriculture market in 2023?
  • 2. What is the expected growth rate of the global smart agriculture market during 2024-2032?
  • 3. What are the key factors driving the global smart agriculture market?
  • 4. What has been the impact of COVID-19 on the global smart agriculture market?
  • 5. What is the breakup of the global smart agriculture market based on the agriculture type?
  • 6. What is the breakup of the global smart agriculture market based on the offering?
  • 7. What is the breakup of the global smart agriculture market based on farm size?
  • 8. What are the key regions in the global smart agriculture market?
  • 9. Who are the key players/companies in the global smart agriculture market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Smart Agriculture Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Agriculture Type

  • 6.1 Precision Farming
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Livestock Monitoring
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Smart Greenhouse
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Offering

  • 7.1 Hardware
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Software
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Service
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Farm Size

  • 8.1 Small
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Medium
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Large
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 AG Leader Technology
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 AGCO Corporation
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 AgJunction Inc. (Kubota Corporation)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 CLAAS KGaA mbH
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 CropMetrics LLC (CropX inc.)
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Deere & Company
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 DICKEY-john
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Farmers Edge Inc.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 Gamaya
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Granular Inc. (Corteva Inc.)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Raven Industries Inc. (CNH Industrial N.V.)
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Trimble Inc.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis