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Smart Farming Market - A Europe Region Analysis

Focus on Application, Product, and Country-Wise Analysis - Analysis and Forecast, 2022-2027

Some Faq's

Frequently Asked Questions

Smart farming is a farm management concept that focuses on providing the agricultural industry with the infrastructure to use advanced technologies - including big data, cloud, and Internet of Things (IoT) - to track, monitor, automate and analyse operations. Smart farming, also known as precision farming, is software-controlled and sensor-monitored. Smart farming is gaining importance due to the combination of the growing world population, increasing demand for higher crop yields, the need to use natural resources efficiently, the increasing use and sophistication of information and communication technology, and the increasing need for climate-friendly agriculture.

Sustainability development goals in the agriculture industry, rise in demand for autonomous vehicles, stringent regulations towards environmental pollution through agriculture operations, increasing government support, rapid expansion of communications technologies such as 5G and LoRaWAN are the key trends in the Europe Smart Farming Market.

The Europe Smart Farming Market has seen major development by key players operating in the market, such as business expansion, partnership, agreement, product launch, and acquisition. According to BIS Research analysis, most of the companies preferred partnership, business expansion, agreement, and product launches as a strategy to further increase their growth in the Europe Smart Farming Market. Companies such as Deere & Company, Topcon Corporation, Ag Leader Technology, Kubota Corporation, BASF SE, Hexagon Agriculture, AGRIVI, and CNH Industrial N.V. have majorly adopted partnerships, joint venture, collaborations, and product launches strategies.

A new entrant can focus on the research & development of software-based and integrated hardware solutions in Smart Farming Market due to the higher growth rate and adoption of it in various precision farming applications during the forecast period 2022 to 2027.

•    Study on research & development projects
•    Competitive study 
•    Geopolitical and Socioeconomic Impact Analysis
•    Market strategies & developments
•    Patent analysis
•    Funding Analysis

The companies which are manufacturing and have the capacity to develop smart farming software and services, smart farming component suppliers, research institutions, and regulatory bodies.

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