Europe IoT in Agriculture Market Research Forecast

Market Research Report

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1.1   Trends: Current and Future Impact Assessment
1.1.1   Trends: Overview
1.1.2   Agricultural Drones
1.1.3   Autonomous Systems and Agricultural Robots
1.1.4   Blockchain for Traceability
1.2   Supply Chain Analysis
1.2.1   Value Chain Analysis
1.3   Research and Development Review
1.3.1   Patent Filing Trend (by Country, Number of Patents)
1.4   Regulatory Landscape
1.5   Market Dynamics Overview
1.5.1   Market Drivers
1.5.1.1   Increase in Demand for Agricultural Efficiency and Productivity
1.5.1.2   Advancements in Agricultural Technologies
1.5.1.3   Rise in Adoption of Precision Farming
1.5.2   Market Restraints
1.5.2.1   Lack of Trained Personnel
1.5.2.2   High Initial Investment Costs
1.5.3   Market Opportunities
1.5.3.1   Integration of IoT in Robotics
1.5.3.2   Livestock Monitoring and Management

2.1   Regional Summary
2.2   Drivers and Restraints
2.3   Europe
2.3.1   Regional Overview
2.3.2   Driving Factors for Market Growth
2.3.3   Factors Challenging the Market
2.3.4   Application
2.3.5   Product
2.3.6   France
2.3.7   Application
2.3.8   Product
2.3.9   Germany
2.3.10   Application
2.3.11   Product
2.3.12   U.K.
2.3.13   Application
2.3.14   Product
2.3.15   Spain
2.3.16   Application
2.3.17   Product
2.3.18   Italy
2.3.19   Application
2.3.20   Product
2.3.21   Netherlands
2.3.22   Application
2.3.23   Product
2.3.24   Denmark
2.3.25   Application
2.3.26   Product
2.3.27   Rest-of-Europe
2.3.28   Application
2.3.29   Product

3.1   Next Frontiers
3.2   Geographic Assessment
3.2.1   CNH Industrial N.V.
3.2.1.1   Overview
3.2.1.2   Top Products/Product Portfolio
3.2.1.3   Top Competitors
3.2.1.4   Target Customers
3.2.1.5   Key Personnel
3.2.1.6   Analyst View
3.2.1.7   Market Share
3.2.2   Robert Bosch GmbH
3.2.2.1   Overview
3.2.2.2   Top Products/Product Portfolio
3.2.2.3   Top Competitors
3.2.2.4   Target Customers
3.2.2.5   Key Personnel
3.2.2.6   Analyst View
3.2.2.7   Market Share
3.2.3   Heliospectra AB
3.2.3.1   Overview
3.2.3.2   Top Products/Product Portfolio
3.2.3.3   Top Competitors
3.2.3.4   Target Customers
3.2.3.5   Key Personnel
3.2.3.6   Analyst View
3.2.3.7   Market Share
3.2.4   Signify Holding
3.2.4.1   Overview
3.2.4.2   Top Products/Product Portfolio
3.2.4.3   Top Competitors
3.2.4.4   Target Customers
3.2.4.5   Key Personnel
3.2.4.6   Analyst View
3.2.4.7   Market Share
3.2.5   AKVA Group ASA
3.2.5.1   Overview
3.2.5.2   Top Products/Product Portfolio
3.2.5.3   Top Competitors
3.2.5.4   Target Customers
3.2.5.5   Key Personnel
3.2.5.6   Analyst View
3.2.5.7   Market Share
3.2.6   AGRIVI
3.2.6.1   Overview
3.2.6.2   Top Products/Product Portfolio
3.2.6.3   Top Competitors
3.2.6.4   Target Customers
3.2.6.5   Key Personnel
3.2.6.6   Analyst View
3.2.6.7   Market Share
3.2.7   Climate LLC
3.2.7.1   Overview
3.2.7.2   Top Products/Product Portfolio
3.2.7.3   Top Competitors
3.2.7.4   Target Customers
3.2.7.5   Key Personnel
3.2.7.6   Analyst View
3.2.7.7   Market Share
3.2.8   Connecterra B.V.
3.2.8.1   Overview
3.2.8.2   Top Products/Product Portfolio
3.2.8.3   Top Competitors
3.2.8.4   Target Customers
3.2.8.5   Key Personnel
3.2.8.6   Analyst View
3.2.8.7   Market Share
3.2.9   OSRAM GmbH
3.2.9.1   Overview
3.2.9.2   Top Products/Product Portfolio
3.2.9.3   Top Competitors
3.2.9.4   Target Customers
3.2.9.5   Key Personnel
3.2.9.6   Analyst View
3.2.9.7   Market Share

4.1   Data Sources
4.1.1   Primary Data Sources
4.1.2   Secondary Data Sources
4.1.3   Data Triangulation
4.2   Market Estimation and Forecast

Table 1:   Market Snapshot
Table 2:   IoT in Agriculture Market, Opportunities
Table 3:   IoT in Agriculture Market (by Region), $Million, 2022-2033
Table 4:   IoT in Agriculture Market (by Region), Thousand Unit, 2022-2033
Table 5:   Europe IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 6:   Europe IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 7:   Europe IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 8:   France IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 9:   France IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 10:   France IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 11:   Germany IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 12:   Germany IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 13:   Germany IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 14:   U.K. IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 15:   U.K. IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 16:   U.K. IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 17:   Spain IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 18:   Spain IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 19:   Spain IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 20:   Italy IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 21:   Italy IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 22:   Italy IoT in Agriculture Market (by Component), Thousand Unit, 2022-203
Table 23:   Netherlands IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 24:   Netherlands IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 25:   Netherlands IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 26:   IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 27:   Italy IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 28:   Italy IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033
Table 29:   Rest-of-Europe IoT in Agriculture Market (by Application), $Million, 2022-2033
Table 30:   Rest-of-Europe IoT in Agriculture Market (by Component), $Million, 2022-2033
Table 31:   Rest-of-Europe IoT in Agriculture Market (by Component), Thousand Unit, 2022-2033

Figure 1:   Europe IoT in Agriculture Market (by Application), 2022, 2026, and 2033
Figure 2:   Europe IoT in Agriculture Market (by Component), 2022, 2026, and 2033
Figure 3:   IoT in Agriculture Market, Recent Developments
Figure 4:   Supply Chain and Risks within the Supply Chain
Figure 5:   IoT in Agriculture Market (by Number of Patents), January 2020-December 2023
Figure 6:   Impact Analysis of Market Navigating Factors, 2022-2033
Figure 7:   France IoT in Agriculture Market, $Million, 2022-2033
Figure 8:   Germany IoT in Agriculture Market, $Million, 2022-2033
Figure 9:   U.K. IoT in Agriculture Market, $Million, 2022-2033
Figure 10:   Spain IoT in Agriculture Market, $Million, 2022-2033
Figure 11:   Italy IoT in Agriculture Market, $Million, 2022-2033
Figure 12:   Netherlands IoT in Agriculture Market, $Million, 2022-2033
Figure 13:   Denmark IoT in Agriculture Market, $Million, 2022-2033
Figure 14:   Rest-of-Europe IoT in Agriculture Market, $Million, 2022-2033
Figure 15:   Strategic Initiatives, 2020-2024
Figure 16:   Share of Strategic Initiatives
Figure 17:   Data Triangulation
Figure 18:   Top-Down and Bottom-Up Approach
Figure 19:   Assumptions and Limitations

Europe IoT in Agriculture Market Report Coverage

Europe IoT in Agriculture Market
Base Year	2022	Market Size in 2023	$5.15 Billion
Forecast Period	2023-2033	Value Projection and Estimation by 2033	$17.85 Billion
CAGR During Forecast Period	13.23%

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.

Some prominent names established in this market are:
• CNH Industrial N.V
• Robert Bosch GmbH
• Heliospectra AB
• Signify Holding
• AKVA Group ASA
• AGRIVI
• Climate LLC

How can this Report add value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of components available for deployment and their potential in Europe region. Moreover, the study provides the reader with a detailed understanding of the IoT in agriculture market by application on the basis of application (precision crop farming, livestock monitoring and management, indoor farming, aquaculture, and others) and product on the basis of component (hardware and software).

Growth/Marketing Strategy: The Europe IoT in agriculture market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships and contracts to strengthen their position in the IoT in agriculture market.

Competitive Strategy: Key players in the Europe IoT in agriculture market analyzed and profiled in the study involve major IoT in agriculture, offering companies providing IoT in agriculture for the purpose. Moreover, a detailed competitive benchmarking of the players operating in the IoT in agriculture market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Europe IoT in Agriculture Market Overview

Introduction to Europe IoT in Agriculture Market

The Europe IoT in agriculture market was valued at $5.15 billion in 2023 and is expected to reach $17.85 billion by 2033. Internet of Things (IoT) represents a major breakthrough in the management and optimization of farming processes, therefore its importance in the European agriculture industry cannot be emphasized. Adopting IoT technologies gives farmers and agribusinesses access to a variety of real-time data from sensors tracking weather, crop health, soil moisture, and other important variables. With the use of sophisticated analytics, this data is used to support precision farming, which lowers expenses and the environmental effect of pesticide, fertilizer, and water application while increasing quality and yield.

Additionally, IoT technology helps to solve manpower shortages and increase output levels by automating a variety of agricultural processes, from planting to harvesting. By encouraging smarter, more efficient practices, the integration of IoT in agriculture not only improves sustainability and efficiency but also increases food security by fostering, more adaptive agricultural systems that can respond to changing climatic conditions and the increasing global demand for food.

Market Introduction

The agriculture IoT market in Europe is expanding quickly as a result of farmers and agribusinesses using technology more and more to improve efficiency, sustainability, and productivity. The Internet of Things, or IoT, is the use of networked sensors and devices to gather and process data in real-time, facilitating improved agricultural practice decision-making.

IoT solutions are increasingly indispensable in Europe, where agricultural production is critical to both food security and economic stability. Precision farming is made possible by these technologies, which provide farmers the ability to track weather patterns, crop health, and soil moisture levels. Farmers may improve crop output and quality while cutting expenses and lessening their impact on the environment by applying water, fertilizer, and pesticides more precisely.
The adoption of IoT technologies is further fueled by the European Union's emphasis on climate change adaption and sustainable farming practices. The integration of cutting-edge technologies in farming is supported by a number of initiatives and financing programs, which serve to address issues including resource management and labor shortages.

The desire for locally sourced and sustainable food is rising, which means that Europe's IoT for agriculture market is expected to grow significantly. The future of farming in the area is greatly influenced by IoT technology, which is developing smarter, more responsive agricultural systems.

Market Segmentation

Segmentation 1: by Application
• Precision Crop Farming
• Livestock Monitoring and Management
• Indoor Farming
• Aquaculture
• Others

Segmentation 2: by Component
• Hardware
o Processors and Sensors
o Communication Modules
o Others
• Software

Segmentation 3: by Country
• U.K.
• Germany
• France
• Spain
• Italy
• Netherlands
• Denmark
• Rest-of-Europe

Europe IoT in Agriculture Market

Focus on Application, Product, and Country-Wise Analysis - Analysis and Forecast, 2023-2033

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Some Faq's

Frequently Asked Questions

Ans: The global IoT in Agriculture market is expected to grow by CAGR 13.57% to reach $71,929.6 Million by 2033 from $20,148.9 Million in 2023.

Ans: Companies developing IoT in agriculture, companies offering IoT in agriculture components, and defense organizations should buy this report. Additionally, stakeholders from the defense industry should also buy this report to get insights about the emerging IoT in agriculture demand and the benefits they could derive from it.

Ans: The following can be seen as some of the USPs of the report:

• A dedicated section on growth opportunities and recommendations
• A qualitative and quantitative analysis of the IoT in agriculture market based on application and product
• Quantitative analysis of application sub-segment, which includes:
- Precision Crop Farming
- Livestock Monitoring and Management
- Indoor Farming
- Aquaculture
- Others
• Regional and country-level forecast on IoT in agriculture, which includes applications such as precision crop farming, livestock monitoring and management, indoor farming, aquaculture, and others and products, including components.
• A detailed company profile comprising established players and some start-ups that are capable of significant growth, along with an analyst view.

Ans: IoT is used in agriculture through sensors and connected devices that monitor soil moisture, crop health, and weather conditions. This real-time data enables precision farming, allowing farmers to optimize resource use, automate irrigation, and enhance productivity, ultimately improving crop yields while reducing costs and environmental impact.

Ans: In smart healthcare, IoT applications include remote patient monitoring, telemedicine, and smart wearables that track vital signs. In smart agriculture, IoT applications involve precision farming, soil monitoring, automated irrigation, and livestock tracking, enhancing resource management and productivity while promoting sustainability and efficient agricultural practices.

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A quick peek into the report

Table of Contents

Europe IoT in Agriculture Market Report Coverage

How can this Report add value to an Organization?

Europe IoT in Agriculture Market Overview

Europe IoT in Agriculture Market

Frequently Asked Questions

Europe IoT in Agriculture Market

$3250

A quick peek into the report

Table of Contents

1. Markets

2. Regions

3. Markets – Competitive Benchmarking & Company Profiles

4. Research Methodology

List of Tables

List of Figures

Europe IoT in Agriculture Market Report Coverage

How can this Report add value to an Organization?

Europe IoT in Agriculture Market Overview

Europe IoT in Agriculture Market

Frequently Asked Questions

Q: How big is the IoT in Agriculture Market?

Q: Who should buy this Report?

Q: What is the USP this Report?

Q: How is IoT used in agriculture?

Q: What are the applications of IoT in smart healthcare and smart agriculture?