Published Year: 2023
Global Smart Farming Market - A Global and Regional Analysis: Focus on Solution, Application, Adopti
The global smart farming market was valued at $15.06 billion in 2022 and is expected to reach...
Market Research Report
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Table of Contents
1.1 Industry Outlook
1.1.1 Market Definition
1.1.2 Trends: Current and Future
1.1.2.1 5G: The Future of Smart Farming
1.1.2.2 Increasing Adoption of Agriculture Technology-as-a-Service
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Need for Higher Food Production with Limited Resources
1.2.1.2 Decreasing Workforce Availability in Agriculture
1.2.1.3 Increased Farmland Consolidation and Large Farm Size
1.2.2 Business Challenges
1.2.2.1 Rising Concern over Data Security
1.2.2.2 Lack of Interoperability is Hindering the Growth
1.2.3 Market Strategies and Developments
1.2.3.1 Business Strategies
1.2.3.1.1 Product Developments
1.2.3.1.2 Market Developments
1.2.3.2 Corporate Strategies
1.2.3.2.1 Mergers and Acquisitions
1.2.3.2.2 Partnerships, Collaborations, Joint Ventures, and Alliances
1.2.3.3 Others
1.2.4 Business Opportunities
1.2.4.1 Integration of Emerging Technologies with Existing Practices
1.2.4.2 Integral Offerings with Horizontal Integration in Farming
1.3 Business Model Analysis
1.3.1 Business Model of OneSoil
1.3.2 Business Model of CropX inc.
1.3.3 Business Model of Hummingbird Technologies Limited
1.4 Start-up Landscape
1.4.1 Key Start-ups in the Ecosystem
1.4.2 Funding Analysis
1.4.2.1 Total Investments and Number of Funding Deals
1.4.2.2 Top Funding Deals by the Start-Ups
1.4.2.3 Funding Analysis (by Country)
1.4.2.4 Funding Analysis (by Investors)
1.5 Geopolitical and Socioeconomic Impact Analysis
1.5.1 Impact of European Grean Deal on Smart Farming Market
1.5.2 Impact of COVID-19 on the Europe Smart Farming Market
1.5.3 Impact of Russia-Ukraine Crisis on Europe Smart Farming Market
2.1 Europe Smart Farming Market (by Application)
2.1.1 Precision Farming
2.1.1.1 Yield Monitoring and Crop Scouting or Forecasting
2.1.1.2 Precision Planting
2.1.1.3 Precision Spraying
2.1.1.4 Precision Fertilization
2.1.1.5 Precision Irrigation
2.1.1.6 Farm Management
2.1.1.7 Others
2.1.2 Livestock Monitoring and Management
2.1.3 Aquaculture
2.1.4 Others
2.2 Demand Analysis of the Europe Smart Farming Market (by Application)
2.2.1 Demand Analysis of the Europe Smart Farming Market (by Precision Farming Application)
3.1 Smart Farming Market (by Product)
3.1.1 Hardware
3.1.2 Software
3.1.2.1 Software Type
3.1.2.1.1 Farm Operation Management Software
3.1.2.1.2 Hardware Control Application Software
3.1.2.1.3 Data and Predictive Analytics Software
3.1.2.2 Deployment Type
3.1.2.2.1 On-Premises
3.1.2.2.2 Cloud-Based
3.1.3 Services
3.2 Demand Analysis of the Europe Smart Farming Market (by Product)
3.2.1 Demand Analysis of the Europe Smart Farming Market (by Software)
3.2.2 Demand Analysis of the Europe Smart Farming Market (by Deployment)
3.3 Patent Analysis
3.3.1 Patent Analysis (by Objective)
3.3.1.1 Patent Analysis (by Application)
3.3.2 Patent Analysis (by Organization)
3.3.3 Patent Analysis (by Patent Office)
3.4 Value Chain Analysis
4.1 Europe
4.1.1 Market
4.1.1.1 Buyer Attributes
4.1.1.1.1 Farm Size and Labor Availability
4.1.1.1.2 Crop Production
4.1.1.1.3 Demographics
4.1.1.1.4 Digitalized Acreage by Company
4.1.1.2 Market Share Analysis (by Company)
4.1.1.3 Business Drivers
4.1.1.4 Business Challenges
4.1.2 Europe (by Country)
4.1.2.1 Germany
4.1.2.1.1 Market
4.1.2.1.1.1 Buyer Attributes
4.1.2.1.1.1.1 Farm Size and Labor Availability
4.1.2.1.1.1.2 Crop Production
4.1.2.1.1.1.3 Demographics
4.1.2.1.1.1.4 Digitalized Acreage by Company
4.1.2.1.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.1.1.3 Business Challenges
4.1.2.1.1.4 Business Drivers
4.1.2.1.2 Application
4.1.2.1.2.1 Germany Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.1.2.1.1 Germany Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.1.3 Product
4.1.2.1.3.1 Germany Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.1.3.1.1 Germany Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.1.3.1.2 Germany Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.2 France
4.1.2.2.1 Market
4.1.2.2.1.1 Buyer Attributes
4.1.2.2.1.1.1 Farm Size and Labor Availability
4.1.2.2.1.1.2 Crop Production
4.1.2.2.1.1.3 Demographics
4.1.2.2.1.1.4 Digitalized Acreage by Company
4.1.2.2.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.2.1.3 Business Challenges
4.1.2.2.1.4 Business Drivers
4.1.2.2.2 Application
4.1.2.2.2.1 France Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.2.2.1.1 France Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.2.3 Product
4.1.2.2.3.1 France Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.2.3.1.1 France Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.2.3.1.2 France Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.3 Netherlands
4.1.2.3.1 Market
4.1.2.3.1.1 Buyer Attributes
4.1.2.3.1.1.1 Farm Size and Labor Availability
4.1.2.3.1.1.2 Crop Production
4.1.2.3.1.1.3 Demographics
4.1.2.3.1.1.4 Digitalized Acreage by Company
4.1.2.3.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.3.1.3 Business Challenges
4.1.2.3.1.4 Business Drivers
4.1.2.3.2 Application
4.1.2.3.2.1 Netherlands Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.3.2.1.1 Netherlands Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.3.3 Product
4.1.2.3.3.1 Netherlands Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.3.3.1.1 Netherlands Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.3.3.1.2 Netherlands Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.4 Italy
4.1.2.4.1 Market
4.1.2.4.1.1 Buyer Attributes
4.1.2.4.1.1.1 Farm Size and Labor Availability
4.1.2.4.1.1.2 Crop Production
4.1.2.4.1.1.3 Demographics
4.1.2.4.1.1.4 Digitalized Acreage by Company
4.1.2.4.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.4.1.3 Business Challenges
4.1.2.4.1.4 Business Drivers
4.1.2.4.2 Application
4.1.2.4.2.1 Italy Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.4.2.1.1 Italy Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.4.3 Product
4.1.2.4.3.1 Italy Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.4.3.1.1 Italy Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.4.3.1.2 Italy Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.5 Spain
4.1.2.5.1 Market
4.1.2.5.1.1 Buyer Attributes
4.1.2.5.1.1.1 Farm Size and Labor Availability
4.1.2.5.1.1.2 Crop Production
4.1.2.5.1.1.3 Demographics
4.1.2.5.1.1.4 Digitalized Acreage by Company
4.1.2.5.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.5.1.3 Business Challenges
4.1.2.5.1.4 Business Drivers
4.1.2.5.2 Application
4.1.2.5.2.1 Spain Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.5.2.1.1 Spain Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.5.3 Product
4.1.2.5.3.1 Spain Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.5.3.1.1 Spain Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.5.3.1.2 Spain Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.6 Denmark
4.1.2.6.1 Market
4.1.2.6.1.1 Buyer Attributes
4.1.2.6.1.1.1 Farm Size and Labor Availability
4.1.2.6.1.1.2 Crop Production
4.1.2.6.1.1.3 Demographics
4.1.2.6.1.1.4 Digitalized Acreage by Company
4.1.2.6.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.6.1.3 Business Challenges
4.1.2.6.1.4 Business Drivers
4.1.2.6.2 Application
4.1.2.6.2.1 Denmark Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.6.2.1.1 Denmark Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.6.3 Product
4.1.2.6.3.1 Denmark Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.6.3.1.1 Denmark Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.6.3.1.2 Denmark Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.7 Norway
4.1.2.7.1 Market
4.1.2.7.1.1 Buyer Attributes
4.1.2.7.1.1.1 Farm Size and Labor Availability
4.1.2.7.1.1.2 Crop Production
4.1.2.7.1.1.3 Demographics
4.1.2.7.1.1.4 Digitalized Acreage by Company
4.1.2.7.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.7.1.3 Business Challenges
4.1.2.7.1.4 Business Drivers
4.1.2.7.2 Application
4.1.2.7.2.1 Norway Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.7.2.1.1 Norway Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.7.3 Product
4.1.2.7.3.1 Norway Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.7.3.1.1 Norway Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.7.3.1.2 Norway Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.8 Sweden
4.1.2.8.1 Market
4.1.2.8.1.1 Buyer Attributes
4.1.2.8.1.1.1 Farm Size and Labor Availability
4.1.2.8.1.1.2 Crop Production
4.1.2.8.1.1.3 Demographics
4.1.2.8.1.1.4 Digitalized Acreage by Company
4.1.2.8.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.8.1.3 Business Challenges
4.1.2.8.1.4 Business Drivers
4.1.2.8.2 Application
4.1.2.8.2.1 Sweden Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.8.2.1.1 Sweden Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.8.3 Product
4.1.2.8.3.1 Sweden Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.8.3.1.1 Sweden Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.8.3.1.2 Sweden Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.9 Finland
4.1.2.9.1 Market
4.1.2.9.1.1 Buyer Attributes
4.1.2.9.1.1.1 Farm Size and Labor Availability
4.1.2.9.1.1.2 Crop Production
4.1.2.9.1.1.3 Demographics
4.1.2.9.1.1.4 Digitalized Acreage by Company
4.1.2.9.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.9.1.3 Business Challenges
4.1.2.9.1.4 Business Drivers
4.1.2.9.2 Application
4.1.2.9.2.1 Finland Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.9.2.1.1 Finland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.9.3 Product
4.1.2.9.3.1 Finland Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.9.3.1.1 Finland Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.9.3.1.2 Finland Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.10 Czech Republic
4.1.2.10.1 Market
4.1.2.10.1.1 Buyer Attributes
4.1.2.10.1.1.1 Farm Size and Labor Availability
4.1.2.10.1.1.2 Crop Production
4.1.2.10.1.1.3 Demographics
4.1.2.10.1.1.4 Digitalized Acreage by Company
4.1.2.10.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.10.1.3 Business Challenges
4.1.2.10.1.4 Business Drivers
4.1.2.10.2 Application
4.1.2.10.2.1 Czech Republic Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.10.2.1.1 Czech Republic Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.10.3 Product
4.1.2.10.3.1 Czech Republic Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.10.3.1.1 Czech Republic Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.10.3.1.2 Czech Republic Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.11 Poland
4.1.2.11.1 Market
4.1.2.11.1.1 Buyer Attributes
4.1.2.11.1.1.1 Farm Size and Labor Availability
4.1.2.11.1.1.2 Crop Production
4.1.2.11.1.1.3 Demographics
4.1.2.11.1.1.4 Digitalized Acreage by Company
4.1.2.11.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.11.1.3 Business Challenges
4.1.2.11.1.4 Business Drivers
4.1.2.11.2 Application
4.1.2.11.2.1 Poland Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.11.2.1.1 Poland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.11.3 Product
4.1.2.11.3.1 Poland Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.11.3.1.1 Poland Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.11.3.1.2 Poland Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.12 U.K.
4.1.2.12.1 Market
4.1.2.12.1.1 Buyer Attributes
4.1.2.12.1.1.1 Farm Size and Labor Availability
4.1.2.12.1.1.2 Crop Production
4.1.2.12.1.1.3 Demographics
4.1.2.12.1.1.4 Digitalized Acreage by Company
4.1.2.12.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.12.1.3 Business Challenges
4.1.2.12.1.4 Business Drivers
4.1.2.12.2 Application
4.1.2.12.2.1 U.K. Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.12.2.1.1 U.K. Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.12.3 Product
4.1.2.12.3.1 U.K. Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.12.3.1.1 U.K. Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.12.3.1.2 U.K. Smart Farming Market (by Software), $Million, 2021-2027
4.1.2.13 Rest-of-Europe
4.1.2.13.1 Market
4.1.2.13.1.1 Buyer Attributes
4.1.2.13.1.1.1 Farm Size and Labor Availability
4.1.2.13.1.1.2 Crop Production
4.1.2.13.1.1.3 Demographics
4.1.2.13.1.1.4 Digitalized Acreage by Company
4.1.2.13.1.2 Market Share Analysis (in terms of Million ha)
4.1.2.13.1.3 Business Challenges
4.1.2.13.1.4 Business Drivers
4.1.2.13.2 Application
4.1.2.13.2.1 Rest-of-Europe Smart Farming Market (by Application), $Million, 2021-2027
4.1.2.13.2.1.1 Rest-of-Europe Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
4.1.2.13.3 Product
4.1.2.13.3.1 Rest-of-Europe Smart Farming Market (by Product), $Million, 2021-2027
4.1.2.13.3.1.1 Rest-of-Europe Smart Farming Market (by Deployment), $Million, 2021-2027
4.1.2.13.3.1.2 Rest-of-Europe Smart Farming Market (by Software), $Million, 2021-2027
5.1 Competitive Benchmarking
5.2 Market Share Analysis (in terms of Million ha)
5.2.1 Market Share Analysis (by Country)
5.3 Company Profiles
5.3.1 Precision Farming Companies
5.3.1.1 AGRIVI
5.3.1.1.1 Overview
5.3.1.1.1.1 Role of AGRIVI in the Europe Smart Farming Market
5.3.1.1.1.2 Product Portfolio
5.3.1.1.1.3 Target Customers
5.3.1.1.1.4 Key Clients
5.3.1.1.2 Business Strategies
5.3.1.1.2.1 Product Developments
5.3.1.1.2.2 Market Developments
5.3.1.1.3 Corporate Strategies
5.3.1.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.1.4 Analyst View
5.3.1.2 Agroptima S.L.
5.3.1.2.1 Company Overview
5.3.1.2.1.1 Role of Agroptima S.L. in the Europe Smart Farming Market
5.3.1.2.1.2 Product Portfolio
5.3.1.2.1.3 Target Customers
5.3.1.2.1.4 Key Clients
5.3.1.2.2 Analyst View
5.3.1.3 CropX inc.
5.3.1.3.1 Company Overview
5.3.1.3.2 Role of CropX inc. in the Europe Smart Farming Market
5.3.1.3.3 Product Portfolio
5.3.1.3.3.1 Target Customers
5.3.1.3.3.2 Key Partners
5.3.1.3.4 Business Strategies
5.3.1.3.4.1 Product Developments
5.3.1.3.5 Corporate Strategies
5.3.1.3.5.1 Partnerships, Collaborations, and Joint Ventures
5.3.1.3.5.2 Mergers and Acquisitions
5.3.1.3.6 Analyst View
5.3.1.4 Hexagon Agriculture
5.3.1.4.1 Company Overview
5.3.1.4.1.1 Role of Hexagon Agriculture in the Europe Smart Farming Market
5.3.1.4.1.2 Product Portfolio
5.3.1.4.1.3 Target Customers
5.3.1.4.2 Business Strategies
5.3.1.4.2.1 Product Developments
5.3.1.4.3 Corporate Strategies
5.3.1.4.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.4.3.2 Mergers and Acquisitions
5.3.1.4.4 Analyst View
5.3.1.5 Kubota Corporation
5.3.1.5.1 Company Overview
5.3.1.5.1.1 Role of Kubota Corporation in the Europe Smart Farming Market
5.3.1.5.1.2 Product Portfolio
5.3.1.5.1.3 Target Customers
5.3.1.5.2 Business Strategies
5.3.1.5.2.1 Product Developments
5.3.1.5.3 Market Developments
5.3.1.5.3.1 Business Expansion
5.3.1.5.4 Corporate Strategies
5.3.1.5.4.1 Mergers and Acquisitions
5.3.1.5.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.5.5 Analyst View
5.3.1.6 Climate LLC (Bayer AG)
5.3.1.6.1 Company Overview
5.3.1.6.1.1 Role of Climate LLC in the Europe Smart Farming Market
5.3.1.6.1.2 Product Portfolio
5.3.1.6.1.3 Target Customers
5.3.1.6.1.4 Key Partners
5.3.1.6.2 Business Strategies
5.3.1.6.2.1 Product Developments
5.3.1.6.3 Corporate Strategies
5.3.1.6.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.6.4 Analyst View
5.3.1.7 AgriCircle
5.3.1.7.1 Company Overview
5.3.1.7.1.1 Role of AgriCircle in the Europe Smart Farming Market
5.3.1.7.1.2 Product Portfolio
5.3.1.7.1.3 Target Customers
5.3.1.7.2 Analyst View
5.3.1.8 Augmenta
5.3.1.8.1 Company Overview
5.3.1.8.1.1 Role of Augmenta in the Europe Smart Farming Market
5.3.1.8.1.2 Product Portfolio
5.3.1.8.1.3 Target Customers
5.3.1.8.1.4 Key Clients
5.3.1.8.2 Business Strategies
5.3.1.8.2.1 Market Developments
5.3.1.8.3 Corporate Strategies
5.3.1.8.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.8.4 Analyst View
5.3.1.9 Yara International ASA
5.3.1.9.1 Company Overview
5.3.1.9.1.1 Role of Yara International ASA in the Europe Smart Farming Market
5.3.1.9.1.2 Product Portfolio
5.3.1.9.1.3 Target Customers
5.3.1.9.2 Corporate Strategies
5.3.1.9.2.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.9.3 Analyst View
5.3.1.10 Ec2ce
5.3.1.10.1 Company Overview
5.3.1.10.1.1 Role of Ec2ce in the Europe Smart Farming Market
5.3.1.10.1.2 Product Portfolio
5.3.1.10.1.3 Target Customers
5.3.1.10.1.4 Key Clients
5.3.1.10.2 Analyst View
5.3.1.11 Ag Leader Technology
5.3.1.11.1 Company Overview
5.3.1.11.1.1 Role of Ag Leader Technology in the Europe Smart Farming Market
5.3.1.11.1.2 Product Portfolio
5.3.1.11.1.3 Target Customers
5.3.1.11.2 Business Strategies
5.3.1.11.2.1 Product Developments
5.3.1.11.3 Analyst View
5.3.1.12 Trimble Inc.
5.3.1.12.1 Company Overview
5.3.1.12.1.1 Role of Trimble Inc. in the Europe Smart Farming Market
5.3.1.12.1.2 Product Portfolio
5.3.1.12.1.3 Target Customers
5.3.1.12.2 Business Strategies
5.3.1.12.2.1 Product Developments
5.3.1.12.3 Corporate Strategies
5.3.1.12.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.12.3.2 Merger and Acquisition
5.3.1.12.4 Analyst View
5.3.1.13 CNH Industrial N.V.
5.3.1.13.1 Company Overview
5.3.1.13.1.1 Role of CNH Industrial N.V. in the Europe Smart Farming Market
5.3.1.13.1.2 Product Portfolio
5.3.1.13.1.3 Target Customers
5.3.1.13.2 Business Strategies
5.3.1.13.2.1 Product Developments
5.3.1.13.3 Corporate Strategies
5.3.1.13.3.1 Mergers and Acquisitions
5.3.1.13.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.13.4 Analyst View
5.3.1.14 BASF SE
5.3.1.14.1 Company Overview
5.3.1.14.2 Role of BASF SE in the Europe Smart Farming Market
5.3.1.14.3 Product Portfolio
5.3.1.14.3.1 Target Customers
5.3.1.14.3.2 Key Partners
5.3.1.14.4 Business Strategies
5.3.1.14.4.1 Product Developments
5.3.1.14.4.2 Market Developments
5.3.1.14.5 Corporate Strategies
5.3.1.14.5.1 Mergers and Acquisitions
5.3.1.14.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.14.6 Analyst View
5.3.1.15 Deere & Company
5.3.1.15.1 Company Overview
5.3.1.15.2 Role of Deere & Company in the Europe Smart Farming Market
5.3.1.15.3 Product Portfolio
5.3.1.15.3.1 Target Customers
5.3.1.15.4 Business Strategies
5.3.1.15.4.1 Product Developments
5.3.1.15.5 Corporate Strategies
5.3.1.15.5.1 Mergers and Acquisitions
5.3.1.15.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.15.6 Analyst View
5.3.1.16 FarmFacts
5.3.1.16.1 Company Overview
5.3.1.16.2 Role of FarmFacts in the Europe Smart Farming Market
5.3.1.16.3 Product Portfolio
5.3.1.16.3.1 Target Customers
5.3.1.16.3.2 Key Partners
5.3.1.16.4 Business Strategies
5.3.1.16.4.1 Product Developments
5.3.1.16.5 Corporate Strategies
5.3.1.16.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.16.6 Analyst View
5.3.1.17 OneSoil
5.3.1.17.1 Company Overview
5.3.1.17.2 Role of OneSoil in the Europe Smart Farming Market
5.3.1.17.3 Product Portfolio
5.3.1.17.3.1 Target Customers
5.3.1.17.3.2 Key Clients
5.3.1.17.4 Business Strategies
5.3.1.17.4.1 Market Development
5.3.1.17.4.2 Product Development
5.3.1.17.5 Corporate Strategies
5.3.1.17.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.17.6 Analyst View
5.3.1.18 Intellias
5.3.1.18.1 Company Overview
5.3.1.18.1.1 Role of Intellias in the Europe Smart Farming Market
5.3.1.18.1.2 Product Portfolio
5.3.1.18.1.3 Target Customers
5.3.1.18.2 Analyst View
5.3.1.19 Proagrica (LexisNexis Risk Solutions Group)
5.3.1.19.1 Company Overview
5.3.1.19.2 Role of Proagrica in the Europe Smart Farming Market
5.3.1.19.3 Product Portfolio
5.3.1.19.3.1 Target Customers
5.3.1.19.3.2 Key Clients
5.3.1.19.4 Business Strategies
5.3.1.19.4.1 Product Developments
5.3.1.19.5 Corporate Strategies
5.3.1.19.5.1 Mergers and Acquisitions
5.3.1.19.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.19.6 Analyst View
5.3.1.20 Syngenta AG
5.3.1.20.1 Company Overview
5.3.1.20.2 Role of Syngenta AG in the Europe Smart Farming Market
5.3.1.20.3 Product Portfolio
5.3.1.20.3.1 Target Customers
5.3.1.20.4 Business Strategies
5.3.1.20.4.1 Product Developments
5.3.1.20.5 Corporate Strategies
5.3.1.20.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.20.6 Analyst View
5.3.2 Precision Farming and Livestock Management Companies
5.3.2.1 Topcon Corporation
5.3.2.1.1 Company Overview
5.3.2.1.1.1 Role of Topcon in the Europe Smart Farming Market
5.3.2.1.1.2 Product Portfolio
5.3.2.1.1.3 Target Customers
5.3.2.1.1.4 Key Clients
5.3.2.1.2 Business Strategies
5.3.2.1.2.1 Product Developments
5.3.2.1.2.2 Business Expansion
5.3.2.1.3 Corporate Strategies
5.3.2.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.1.4 Analyst View
5.3.2.2 365FarmNet
5.3.2.2.1 Company Overview
5.3.2.2.1.1 Role of 365FarmNet in the Europe Smart Farming Market
5.3.2.2.1.2 Product Portfolio
5.3.2.2.1.3 Target Customers
5.3.2.2.1.4 Key Clients
5.3.2.2.2 Analyst View
5.3.2.3 Cargill, Incorporated
5.3.2.3.1 Company Overview
5.3.2.3.1.1 Role of Cargill, Incorporated in the Europe Smart Farming Market
5.3.2.3.1.2 Product Portfolio
5.3.2.3.1.3 Target Customers
5.3.2.3.1.4 Key Clients
5.3.2.3.2 Business Strategies
5.3.2.3.2.1 Product Developments
5.3.2.3.2.2 Business Expansion
5.3.2.3.3 Corporate Strategies
5.3.2.3.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.3.4 Analyst View
5.3.3 Livestock Management Companies
5.3.3.1 Connecterra B.V.
5.3.3.1.1 Company Overview
5.3.3.1.1.1 Role of Connecterra B.V. in the Europe Smart Farming Market
5.3.3.1.1.2 Product Portfolio
5.3.3.1.1.3 Target Customers
5.3.3.1.1.4 Key Clients
5.3.3.1.2 Business Strategies
5.3.3.1.2.1 Product Developments
5.3.3.1.3 Corporate Strategies
5.3.3.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.3.1.4 Analyst View
5.3.4 Indoor Farming
5.3.4.1 Signify Holding
5.3.4.1.1 Company Overview
5.3.4.1.2 Role of Signify Holding in the Europe Smart Farming Market
5.3.4.1.3 Product Portfolio
5.3.4.1.3.1 Target Customers
5.3.4.1.4 Analyst View
5.3.5 Aquaculture
5.3.5.1 AquaManager (Integrated Information Systems S.A.)
5.3.5.1.1 Company Overview
5.3.5.1.2 Role of AquaManager in the Europe Smart Farming Market
5.3.5.1.3 Product Portfolio
5.3.5.1.3.1 Target Customers
5.3.5.1.3.2 Key Clients
5.3.5.1.4 Corporate Strategies
5.3.5.1.4.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.5.1.5 Analyst View
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast
6.2.1 Factors for Data Prediction and Modelling
Table 1: Europe Smart Farming Market (by Country), $Million, 2021
Table 2: Key Consortiums and Associations in the Europe Smart Farming Market
Table 3: Key Regulatory Frameworks
Table 4: Government Programs to Promote Smart Farming in Europe
Table 5: OneSoil: Business Model
Table 6: CropX inc.: Business Model
Table 7: Hummingbird Technologies Limited: Business Model
Table 8: Key Start-Ups in the Europe Smart Farming Market
Table 9: Top Funding Deals by the Start-Ups in the Europe Smart Farming Market, 2021-2022
Table 10: Key Yield Monitoring Technologies Utilized in Europe Smart Farming Market
Table 11: Key Market Players in Yield Monitoring and Crop Scouting
Table 12: Major Precision Planting Technologies Utilized in Precision Planting in the Europe Smart Farming Market
Table 13: Key Players Offering Precision Planting Services
Table 14: Key Precision Spraying Technologies Utilized in the Europe Smart Farming Market
Table 15: Key Players Offering Precision Spraying Services
Table 16: Key Precision Fertilization Technologies Utilized in the Europe Smart Farming Market
Table 17: Key Players Offering Precision Fertilization Services
Table 18: Major Precision Irrigation Methods for Europe Smart Farming Market
Table 19: Market Players Offering Precision Irrigation Solutions and Services
Table 20: Key Farm Management Technologies Utilized in the Europe Smart Farming Market
Table 21: Key Companies Providing Farm Management Services
Table 22: Key Companies Providing Livestock Monitoring and Management
Table 23: Key Companies Providing Smart Farming Solutions for Aquaculture Applications
Table 24: Europe Smart Farming Market (by Application), $Million, 2021-2027
Table 25: Europe Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 26: Key Companies Providing Software for Smart Farming
Table 27: Key Companies Providing Farm Operation Management Software
Table 28: Key Companies Providing Hardware Control Application Software
Table 29: Companies Providing Data and Predictive Analytics Software
Table 30: Key Companies Providing On-Premises Smart Farming Software
Table 31: Key Companies Providing Cloud-Based Farming Software
Table 32: Europe Smart Farming Market (by Product), $Million, 2021-2027
Table 33: Europe Smart Farming Market (by Software), $Million, 2021-2027
Table 34: Europe Smart Farming Market (by Deployment), $Million, 2021-2027
Table 35: Primary Application or Technology Focused by Key Players in Patent Filing
Table 36: Europe Smart Farming Market (by Country), $Million, 2021-2027
Table 37: Germany Smart Farming Market (by Application), $Million, 2021-2027
Table 38: Germany Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 39: Germany Smart Farming Market (by Product), $Million, 2021-2027
Table 40: Germany Smart Farming Market (by Deployment), $Million, 2021-2027
Table 41: Germany Smart Farming Market (by Software), $Million, 2021-2027
Table 42: France Smart Farming Market (by Application), $Million, 2021-2027
Table 43: France Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 44: France Smart Farming Market (by Product), $Million, 2021-2027
Table 45: France Smart Farming Market (by Deployment), $Million, 2021-2027
Table 46: France Smart Farming Market (by Software), $Million, 2021-2027
Table 47: Netherlands Smart Farming Market (by Application), $Million, 2021-2027
Table 48: Netherlands Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 49: Netherlands Smart Farming Market (by Product), $Million, 2021-2027
Table 50: Netherlands Smart Farming Market (by Deployment), $Million, 2021-2027
Table 51: Netherlands Smart Farming Market (by Software), $Million, 2021-2027
Table 52: Italy Smart Farming Market (by Application), $Million, 2021-2027
Table 53: Italy Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 54: Italy Smart Farming Market (by Product), $Million, 2021-2027
Table 55: Italy Smart Farming Market (by Deployment), $Million, 2021-2027
Table 56: Italy Smart Farming Market (by Software), $Million, 2021-2027
Table 57: Spain Smart Farming Market (by Application), $Million, 2021-2027
Table 58: Spain Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 59: Spain Smart Farming Market (by Product), $Million, 2021-2027
Table 60: Spain Smart Farming Market (by Deployment), $Million, 2021-2027
Table 61: Spain Smart Farming Market (by Software), $Million, 2021-2027
Table 62: Denmark Smart Farming Market (by Application), $Million, 2021-2027
Table 63: Denmark Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 64: Denmark Smart Farming Market (by Product), $Million, 2021-2027
Table 65: Denmark Smart Farming Market (by Deployment), $Million, 2021-2027
Table 66: Denmark Smart Farming Market (by Software), $Million, 2021-2027
Table 67: Norway Smart Farming Market (by Application), $Million, 2021-2027
Table 68: Norway Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 69: Norway Smart Farming Market (by Product), $Million, 2021-2027
Table 70: Norway Smart Farming Market (by Deployment), $Million, 2021-2027
Table 71: Norway Smart Farming Market (by Software), $Million, 2021-2027
Table 72: Sweden Smart Farming Market (by Application), $Million, 2021-2027
Table 73: Sweden Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 74: Sweden Smart Farming Market (by Product), $Million, 2021-2027
Table 75: Sweden Smart Farming Market (by Deployment), $Million, 2021-2027
Table 76: Sweden Smart Farming Market (by Software), $Million, 2021-2027
Table 77: Finland Smart Farming Market (by Application), $Million, 2021-2027
Table 78: Finland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 79: Finland Smart Farming Market (by Product), $Million, 2021-2027
Table 80: Finland Smart Farming Market (by Deployment), $Million, 2021-2027
Table 81: Finland Smart Farming Market (by Software), $Million, 2021-2027
Table 82: Czech Republic Smart Farming Market (by Application), $Million, 2021-2027
Table 83: Czech Republic Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 84: Czech Republic Smart Farming Market (by Product), $Million, 2021-2027
Table 85: Czech Republic Smart Farming Market (by Deployment), $Million, 2021-2027
Table 86: Czech Republic Smart Farming Market (by Software), $Million, 2021-2027
Table 87: Poland Smart Farming Market (by Application), $Million, 2021-2027
Table 88: Poland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 89: Poland Smart Farming Market (by Product), $Million, 2021-2027
Table 90: Poland Smart Farming Market (by Deployment), $Million, 2021-2027
Table 91: Poland Smart Farming Market (by Software), $Million, 2021-2027
Table 92: U.K. Smart Farming Market (by Application), $Million, 2021-2027
Table 93: U.K. Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 94: U.K. Smart Farming Market (by Product), $Million, 2021-2027
Table 95: U.K. Smart Farming Market (by Deployment), $Million, 2021-2027
Table 96: U.K. Smart Farming Market (by Software), $Million, 2021-2027
Table 97: Rest-of-Europe Smart Farming Market (by Application), $Million, 2021-2027
Table 98: Rest-of-Europe Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
Table 99: Rest-of-Europe Smart Farming Market (by Product), $Million, 2021-2027
Table 100: Rest-of-Europe Smart Farming Market (by Deployment), $Million, 2021-2027
Table 101: Rest-of-Europe Smart Farming Market (by Software), $Million, 2021-2027
Table 102: AGRIVI: Product Portfolio
Table 103: AGRIVI: Product Developments
Table 104: AGRIVI: Market Developments
Table 105: AGRIVI: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 106: Agroptima S.L.: Product Portfolio
Table 107: CropX inc.: Product Portfolio
Table 108: CropX inc.: Product Developments
Table 109: CropX inc.: Partnerships, Collaborations, and Joint Ventures
Table 110: CropX inc.: Mergers and Acquisitions
Table 111: Hexagon Agriculture: Product Portfolio
Table 112: Hexagon Agriculture: Product Developments
Table 113: Hexagon Agriculture: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 114: Hexagon Agriculture: Mergers and Acquisitions
Table 115: Kubota Corporation: Product Portfolio
Table 116: Kubota Corporation: Product Developments
Table 117: Kubota Corporation: Market Developments
Table 118: Kubota Corporation: Business Expansion
Table 119: Kubota Corporation: Mergers and Acquisitions
Table 120: Kubota Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 121: Climate LLC: Product Portfolio
Table 122: Climate LLC: Product Developments
Table 123: Climate LLC: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 124: AGRICIRCLE: Product Portfolio
Table 125: Augmenta: Product Portfolio
Table 126: Augmenta: Market Developments
Table 127: Augmenta: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 128: Yara International ASA: Product Portfolio
Table 129: Yara International ASA: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 130: Ec2ce: Product Portfolio
Table 131: Ag Leader Technology: Product Portfolio
Table 132: Ag Leader Technology: Product Developments
Table 133: Trimble Inc.: Product Portfolio
Table 134: Trimble Inc.: Product Developments
Table 135: Trimble Inc.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 136: CNH Industrial N.V.: Product Portfolio
Table 137: CNH Industrial N.V.: Product Developments
Table 138: CNH Industrial N.V.: Mergers and Acquisitions
Table 139: CNH Industrial N.V.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 140: BASF SE: Product Portfolio
Table 141: BASF SE: Product Developments
Table 142: BASF SE: Market Developments
Table 143: BASF SE: Mergers and Acquisitions
Table 144: BASF SE: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 145: Deere & Company: Product Portfolio
Table 146: Deere & Company: Product Developments
Table 147: Deere & Company: Mergers and Acquisitions
Table 148: Deere & Company: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 149: FarmFacts: Product Portfolio
Table 150: FarmFacts: Product Developments
Table 151: FarmFacts: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 152: OneSoil: Product Portfolio
Table 153: OneSoil: Market Development
Table 154: OneSoil: Product Development
Table 155: OneSoil: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 156: Intellias: Product Portfolio
Table 157: Proagrica: Product Portfolio
Table 158: Proagrica: Product Developments
Table 159: Proagrica: Mergers and Acquisitions
Table 160: Proagrica: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 161: Syngenta AG: Product Portfolio
Table 162: Syngenta AG: Product Developments
Table 163: Syngenta AG: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 164: Topcon Corporation: Product Portfolio
Table 165: Topcon Corporation: Product Developments
Table 166: Topcon Corporation: Business Expansion
Table 167: Topcon Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 168: 365FarmNet: Product Portfolio
Table 169: Cargill, Incorporated: Product Portfolio
Table 170: Cargill, Incorporated: Product Developments
Table 171: Cargill, Incorporated: Business Expansion
Table 172: Cargill, Incorporated: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 173: Connecterra B.V.: Product Portfolio
Table 174: Connecterra B.V.: Product Developments
Table 175: Connecterra B.V.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 176: Koninklijke Philips NV: Product Portfolio
Table 177: AquaManager: Product Portfolio
Table 178: AquaManager: Partnerships, Joint Ventures, Collaborations, and Alliances
Figure 1: Age Groups of Agriculture Labors and Farm Managers in Europe, 2020
Figure 2: Europe Smart Farming Market, $Million, 2021-2027
Figure 3: Market Dynamics for Europe Smart Farming Market
Figure 4: Europe Smart Farming Market (by Application), $Million, 2021-2027
Figure 5: Europe Smart Farming Market (by Precision Farming), $Million, 2021-2027
Figure 6: Europe Smart Farming Market (by Product), $Million, 2021-2027
Figure 7: Europe Smart Farming Market (by Software), $Million, 2021-2027
Figure 8: Europe Smart Farming Market (by Deployment), $Million, 2021-2027
Figure 9: Europe Smart Farming Market Coverage
Figure 10: Characteristics of Smart Farming
Figure 11: Europe 2030 Target for Sustainable Food Production
Figure 12: Applications of 5G in Smart Farming Operations
Figure 13: OneSoil Case Study
Figure 14: Employment in Agriculture for European Countries (Percentage of Total Employment), 2015-2019
Figure 15: EU Farm and Farmland by Land Size Class, 2018
Figure 16: Share of Key Market Strategies and Developments, January 2017-December 2022
Figure 17: Share of Product Developments (by Company), January 2017-December 2022
Figure 18: Share of Market Developments (by Company), January 2017-December 2022
Figure 19: Share of Mergers and Acquisitions (by Company), January 2017-December 2022
Figure 20: Share of Partnerships, Collaborations, Joint Ventures, and Alliances (by Company), January 2017-December 2022
Figure 21: FarmSustainaBl Project
Figure 22: Total Investment and Number of Funding Deals, January 2018-December 2021
Figure 23: Country-Wise Funding Share in the Europe Smart Farming Market, 2021
Figure 24: Top Investors in the Europe Smart Farming Market, 2021
Figure 25: USDA’s ERS Impact Analysis of EU Strategies by 2030
Figure 26: Russia-Ukraine War Impact on the Europe Smart Farming Market
Figure 27: Patents Filed or Granted for Europe Smart Farming Market, January 2018-November 2022
Figure 28: Patent Analysis (by Application), January 2018-November 2022
Figure 29: Patent Analysis (by Organization), January 2018-November 2022
Figure 30: Patent Analysis (by Patent Office), January 2018-November 2022
Figure 31: Value Chain of the Europe Smart Farming Market
Figure 32: Farm Size and Labor Availability
Figure 33: Crop Production, 2018-2021, $Billion
Figure 34: Total Population in Europe
Figure 35: Total Area in Europe
Figure 36: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 37: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 38: Farm Size and Labor Availability
Figure 39: Crop Production, 2018-2021, $Billion
Figure 40: Total Population in Germany
Figure 41: Total Area in Germany
Figure 42: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 43: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 44: Farm Size and Labor Availability
Figure 45: Crop Production, 2018-2021, $Billion
Figure 46: Total Population in France
Figure 47: Total Area in France
Figure 48: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 49: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 50: Farm Size and Labor Availability
Figure 51: Crop Production, 2018-2021, $Billion
Figure 52: Total Population in the Netherlands
Figure 53: Total Area in the Netherlands
Figure 54: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 55: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 56: Farm Size and Labor Availability
Figure 57: Crop Production, 2018-2021, $Billion
Figure 58: Total Population in Italy
Figure 59: Total Area in Italy
Figure 60: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 61: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 62: Farm Size and Labor Availability
Figure 63: Crop Production, 2018-2021, $Billion
Figure 64: Total Population in Spain
Figure 65: Total Area in Spain
Figure 66: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 67: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 68: Farm Size and Labor Availability
Figure 69: Crop Production, 2018-2021, $Billion
Figure 70: Total Population in Denmark
Figure 71: Total Area in Denmark
Figure 72: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 73: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 74: Farm Size and Labor Availability
Figure 75: Crop Production, 2018-2021, $Billion
Figure 76: Total Population in Norway
Figure 77: Total Area in Norway
Figure 78: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 79: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 80: Farm Size and Labor Availability
Figure 81: Crop Production, 2018-2021, $Billion
Figure 82: Total Population in Sweden
Figure 83: Total Area in Sweden
Figure 84: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 85: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 86: Farm Size and Labor Availability
Figure 87: Crop Production, 2018-2021, $Million
Figure 88: Total Population in Finland
Figure 89: Total Area in Finland
Figure 90: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 91: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 92: Farm Size and Labor Availability
Figure 93: Crop Production, 2018-2021, $Billion
Figure 94: Total Population in Czech Republic
Figure 95: Total Area in the Czech Republic
Figure 96: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 97: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 98: Farm Size and Labor Availability
Figure 99: Crop Production, 2018-2021, $ Billion
Figure 100: Total Population in Poland
Figure 101: Total Area in Poland
Figure 102: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 103: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 104: Farm Size and Labor Availability
Figure 105: Crop Production, 2018-2021, $Billion
Figure 106: Total Population in the U.K.
Figure 107: Total Area in the U.K.
Figure 108: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 109: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 110: Farm Size and Labor Availability
Figure 111: Crop Production, 2018-2021, $Billion
Figure 112: Total Population in Rest-of-Europe
Figure 113: Total Area in Rest-of-Europe
Figure 114: Digitalized Acreage by Company, 2021 (with Acreage Duplication)
Figure 115: Market Share Analysis by Company, 2021 (without Acreage Duplication)
Figure 116: Competitive Market High and Low Matrix
Figure 117: Market Share Analysis (by Country), 2021
Figure 118: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 119: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 120: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 121: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 122: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 123: Trends in Adoption of Corporate Strategies, 2017-2022
Figure 124: Data Triangulation
Figure 125: Top-Down and Bottom-Up Approach
Figure 126: Assumptions and Limitations
Market Report Coverage
|
Europe Smart Farming Market |
|||
|
Base Year |
2021 |
Market Size in 2022 |
$3,993.7 Million |
|
Forecast Period |
2022-2027 |
Value Projection and Estimation by 2027 |
$8,420.6 Million |
|
CAGR During Forecast Period |
16.09% |
Number of Tables |
178 |
|
Number of Pages |
346 |
Number of Figures |
126 |
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The top segment players who are leading include key precision farming and livestock monitoring & management technologies manufacturers in the market and the ones which are engaged in providing smart aquaculture solutions across the region.
Key Companies Profiled
Company Type 1: Precision Farming Companies
• AGRIVI
• Agroptima S.L.
• CropX, Inc.
• Hexagon Agriculture
• Kubota Corporation
• Climate LLC (Bayer AG)
• AgriCircle
• Augmenta
• Yara International ASA
• Ec2ce
• Ag Leader Technology
• Trimble Inc.
• CNH Industrial N.V.
• BASF SE
• Deere & Company
• FarmFacts
• OneSoil
• Intellias
• Proagrica (LexisNexis Risk Solutions Group)
• Syngenta AG
Company Type 2: Precision Farming and Livestock Management Companies
• Topcon Corporation
• 365FarmNet
• Cargill, Incorporated
Company Type 3: Livestock Management Company
• Connecterra B.V.
Company Type 4: Indoor Farming
• Signify Holding
Company Type 5: Aquaculture
• AquaManager
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of hardware, software, and services are available in the smart farming applications. Moreover, the study provides the reader a detailed understanding of the different product types by applications (precision farming, livestock monitoring & management, aquaculture, and others). Hardware solutions such as autonomous vehicles, sensing and navigation systems, yield mapping devices, and auto steering systems are most widely used in modern agriculture practices. Therefore, the smart farming market is a moderate investment and high revenue generating product in the coming years owing to the rise in investment towards climate smart agriculture practices across the region.
Growth/Marketing Strategy: The Europe Smart Farming Market has seen major development by key players operating in the market, such as acquisition, partnership, agreement, business expansion, and product launches. The favoured strategy for the companies has been partnerships, joint venture, collaborations, and product launch to strengthen their positions in the Europe smart farming market.
For instance, in October 2021, AGRIVI partnered with FarmApp. This partnership aimed at providing customers with digital agriculture solutions. It would help customers to achieve new levels of production efficiency. In addition, AGRIVI would strengthen its presence in Europe through this partnership.
Competitive Strategy: Key players in the Europe Smart Farming Market analysed and profiled in the study involve integrated hardware and software manufacturers that are engaged in providing advanced smart farming solutions to farmers and other agriculture service companies. Moreover, a detailed competitive benchmarking of the players operating in the Europe Smart Farming 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, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Europe Smart Farming Industry and Technology Overview
The Europe smart farming market was valued at $3,993.7 million in 2022 and is expected to reach $8,420.6 million in 2027, following a CAGR of 16.09% during 2022-2027. The growth in the Europe Smart Farming Market is expected to be driven by increase in adoption of IoT and artificial intelligence, digitalization of agriculture operations, rise in dependence on advanced technologies to enhance production across the region.
Smart Farming Market Lifecycle Stage
The Smart Farming Market is in a growing phase owing to different advanced technologies in the market. As increase in adoption of automated machineries and equipment, sensors and navigation systems, robots, autonomous vehicles, guidance and steering systems, and others. Sensors and guidance and steering systems are the most important hardware components used in the modern agriculture operations.
Impact
• Smart farming is about using the new technologies that emerged in agriculture and livestock at the beginning of the fourth industrial revolution to increase production volume and quality by making maximum use of resources and minimizing environmental impact. Also, the implementation of technology in agriculture and livestock will make it possible to improve food security around the world.
• The use of smart farming can assist farmers in reducing waste and increasing efficiency by integrating them into their operations. Trends such as increasing requirements for crop yield and increasing demand to combat climate change further contribute to the growth of the Europe smart farming market. Varying weather circumstances influence soil quality and crop yields. Therefore, farmers in Europe are adopting innovations and technologies that can optimize production costs and lessen the harmful effects of greenhouse gases, such as methane, on the environment.
• The use of smart farming technologies has positive impact of agriculture operations and livestock farming. These technologies offer benefits such as increased efficiency & productivity, water saving, reduced costs, pest detection and animal health, better sustainability, and others. In addition, smart farming helps farmers better understand the important factors such as water, topography, orientation, vegetation, and soil types.
Impact of COVID-19
The outbreak of COVID-19, followed by the European country’s lockdown in 2020-2021, disrupted the function of the Europe smart farming market. It affected the production process and supply chain networks and resulted in losses for the manufacturers in the Europe smart farming market. The unavailability of labour and lack of raw materials such as sensors, semiconductors, and other components were the key factors that limited production. However, production activities gradually started by the end of 2020 as the governments of different countries provided some relief from the lockdown.
Market Segmentation:
Segmentation 1: by Application
• Precision Farming
• Livestock Monitoring & Management
• Aquaculture
• Others
The Europe Smart Farming Market in the application segment is expected to be dominated by precision farming applications. Rise in use of precision farming applications such as precision irrigation, yield monitoring & forecasting, precision spraying, precision planting, and others are expected to drive the growth of this segment in the region. This is followed by the livestock monitoring and management segment which accounts for the second-largest share in the smart farming market due to increase in awareness and demand towards tracking and monitoring of health of livestock across the Europe.
Segmentation 2: by Product Type
• Hardware
• Software
• Services
The hardware segment is estimated to capture highest market share during the period 2022 to 2027. The hardware equipment is increasingly used in the various farming operations. In addition, the increasing adoption of intelligent or autonomous vehicles integrated with sensors and navigation systems, computer vision is expected to drive the growth of the smart farming market in the region. Moreover, increase in penetration of integrated hardware and software technologies are expected to increase the production and efficiency of farms which in turn is projected to drive the market growth in the coming years.
Segmentation 3: by Country
• Europe - U.K., Germany, France, Italy, Spain, Netherlands, Ukraine, Sweden, Finland, Norway, Denmark, Poland, Czech Republic, and Rest-of-Europe
U.K. generated the highest revenue of $540.2 million in 2021. The country is experiencing an increase in adoption of smart farming technologies such as autonomous vehicles, software systems, and other automation and control systems. In addition, increase adoption of digital technologies for modern farm machineries in efficient crop production in the country along with rise in popularity of indoor farming owing to urbanization. Germany registered the 2nd highest revenue in the Europe smart farming market.
Recent Developments in Europe Smart Farming Market
• In October 2022, Trimble Inc. launched new agriculture displays, such as Trimble GFX-1060 and GFX-1260, for precision agriculture applications. These displays provide next-generation performance and connectivity for in-field operations.
• In January 2022, Hexagon Agriculture launched a new technology named HxGN AgrOn planting assistant. This new technology is aimed at improving accuracy in shovel planting. This item can also be adopted by other types of crops, such as palm oil, coffee, banana, and citrus.
• In June 2022, BASF acquired Horta S.r.l., an Italian company specialized in digital farming solutions. Horta is an established player for the development of highly innovative agronomic Decision Support Systems (DSS) for crops such as grapes, tomatoes, cereals and olives.
• In August 2022, CropX inc. launched a continuous nitrogen leaching monitoring capability for its farm management system. This new development would track the nitrogen movement and salts in the soil.
Demand – Drivers and Limitations
Following are the demand drivers for the Europe Smart Farming Market
• Need for Higher Food Production with Limited Resources
• Decreasing Workforce Availability in Agriculture
• Increased Farmland Consolidation and Large Farm Size
The market is expected to face some following challenges:
• Rising Concern over Data Security
• Lack of Interoperability is Hindering the Growth
Analyst Thoughts
According to Debraj Chakraborty, Principal Analyst, BIS Research, "The use of smart farming technologies such as IoT sensors have been able to increase crop yields by 15% while decreasing fertilizer and water use by around 25%. This highlights the significance of smart farming technologies in raising profitability and environmental performance.".
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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