Published Year: 2023
Smart Farming Market - A Europe Region Analysis: Focus on Application, Product, and Country-Wise Ana
The Europe smart farming market was valued at $3,993.7 million in 2022 and is expected to...
Market Research Report
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Table of Contents
1.1 Industry Outlook
1.1.1 Market Definition
1.1.2 Market Trends
1.1.2.1 Future Communication Technologies for Smart Farming
1.1.2.1.1 5G: The Future of Smart Farming
1.1.2.1.2 LoRa Wide Area Network (LoRaWAN)
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 Automation of Work Force in Agriculture
1.2.1.2 Rising Concerns over Agriculture Sustainability
1.2.1.2.1 Increase in Land Degradation
1.2.1.2.2 Agriculture Sector Emissions
1.2.1.3 Need For Technology in Livestock Monitoring and Disease Detection
1.2.1.4 Increasing Demand for Global Food Security owing to Population Growth and Urbanization
1.2.2 Business Challenges
1.2.2.1 Lack of Compatible Infrastructure
1.2.2.2 Large Capital Investments
1.2.2.3 Rising Concern over Data Security with Increasing Cyber Attacks
1.2.2.4 Lack of Interoperability Hindering the Growth
1.2.3 Business Strategies
1.2.3.1 Product Development and Innovation
1.2.3.2 Market Development
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.4.3 Agreement and Others
1.2.4.4 Snapshot of Corporate Strategies Adopted by the Players in Global Smart Farming Market
1.2.5 Business Opportunities
1.2.5.1 Integration of Emerging Technologies with Existing Practices
1.2.5.2 Securing the Agriculture Value Chain with Blockchain
1.3 Case Studies
1.3.1 Smart Farming Case Studies
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, 2021
1.4.2.3 Funding (by Technology)
1.4.2.4 Funding (by Year)
2.1 Global Smart Farming Market (by Application)
2.1.1 Precision Farming or Precision Agriculture
2.1.1.1 Precision Irrigation
2.1.1.2 Yield Monitoring and Crop Scouting or Forecasting
2.1.1.3 Precision Planting
2.1.1.4 Precision Spraying
2.1.1.5 Precision Fertilization
2.1.1.6 Farm Management
2.1.1.7 Other
2.1.2 Livestock Monitoring and Management
2.1.2.1 Milk Harvesting
2.1.2.2 Animal Health Monitoring and Comfort
2.1.2.3 Feeding Management
2.1.2.4 Livestock Tracking
2.1.2.5 Other
2.1.3 Aquaculture
2.1.3.1 Feed Management
2.1.3.2 Aquatic Species Tracking and Navigation
2.1.3.3 Water Quality Management
2.1.3.4 Other
2.1.4 Other Applications
2.2 Demand Analysis Global Smart Farming Market (by Application)
3.1 Global Smart Farming Market (by Product)
3.1.1 Hardware
3.1.1.1 Displays/Yield Monitors
3.1.1.2 Flow and Application Rate Control Valves
3.1.1.3 Farm Computers and Mobile Devices & Laptops
3.1.1.4 Agricultural Sensors
3.1.1.5 Guidance and Steering Systems
3.1.1.6 Others
3.1.2 Software
3.1.2.1 Software Type
3.1.2.1.1 Farm Operation Management
3.1.2.1.2 Hardware Control Application
3.1.2.1.3 Data and Predictive Analytics
3.2 Demand Analysis Global Smart Farming Market (by Product)
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 Adoption Analysis
3.4.1 Trends in Agriculture Industry
3.4.2 Adoption Scenarios
3.5 Technology Roadmap
3.5.1 Timeline of Agricultural Evolution
3.6 Value Chain Analysis
4.1 North America
4.1.1 Market
4.1.1.1 Key Companies in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Application
4.1.2.1 North America Smart Farming Market (by Application)
4.1.3 Product
4.1.3.1 North America Smart Farming Market (by Product)
4.1.4 North America Smart Farming Market (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Business Challenges
4.1.4.1.1.3 Business Drivers
4.1.4.1.2 Application
4.1.4.1.2.1 U.S. Smart Farming Market (by Application), $Million, 2021-2027
4.1.4.1.3 Product
4.1.4.1.3.1 U.S. Smart Farming Market (by Product), $Million, 2021-2027
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Business Challenges
4.1.4.2.1.3 Business Drivers
4.1.4.2.2 Application
4.1.4.2.2.1 Canada Smart Farming Market (by Application), $Million, 2021-2027
4.1.4.2.3 Product
4.1.4.2.3.1 Canada Smart Farming Market (by Product), $Million, 2021-2027
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Business Challenges
4.1.4.3.1.3 Business Drivers
4.1.4.3.2 Application
4.1.4.3.2.1 Mexico Smart Farming Market (by Application), $Million, 2021-2027
4.1.4.3.3 Product
4.1.4.3.3.1 Mexico Smart Farming Market (by Product), $Million, 2021-2027
4.2 Europe
4.2.1 Market
4.2.1.1 Buyer Attributes
4.2.1.2 Key Companies in Europe
4.2.1.3 Business Drivers
4.2.1.4 Business Challenges
4.2.2 Application
4.2.2.1 Europe Smart Farming Market (by Application)
4.2.3 Product
4.2.3.1 Europe Smart Farming Market (by Product)
4.2.4 Europe Smart Farming Market (by Country)
4.2.4.1 Germany
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Business Challenges
4.2.4.1.1.3 Business Drivers
4.2.4.1.2 Application
4.2.4.1.2.1 Germany Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.1.3 Product
4.2.4.1.3.1 Germany Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.2 France
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Business Challenges
4.2.4.2.1.3 Business Drivers
4.2.4.2.2 Application
4.2.4.2.2.1 France Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.2.3 Product
4.2.4.2.3.1 France Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.3 Netherlands
4.2.4.3.1 Market
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Business Challenges
4.2.4.3.1.3 Business Drivers
4.2.4.3.2 Application
4.2.4.3.2.1 Netherlands Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.3.3 Product
4.2.4.3.3.1 Netherlands Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.4 Italy
4.2.4.4.1 Market
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Business Challenges
4.2.4.4.1.3 Business Drivers
4.2.4.4.2 Application
4.2.4.4.2.1 Italy Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.4.3 Product
4.2.4.4.3.1 Italy Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.5 Spain
4.2.4.5.1 Market
4.2.4.5.1.1 Buyer Attributes
4.2.4.5.1.2 Business Challenges
4.2.4.5.1.3 Business Drivers
4.2.4.5.2 Application
4.2.4.5.2.1 Spain Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.5.3 Product
4.2.4.5.3.1 Spain Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.6 Greece
4.2.4.6.1 Market
4.2.4.6.1.1 Buyer Attributes
4.2.4.6.1.2 Business Challenges
4.2.4.6.1.3 Business Drivers
4.2.4.6.2 Application
4.2.4.6.2.1 Greece Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.6.3 Product
4.2.4.6.3.1 Greece Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.7 Switzerland
4.2.4.7.1 Market
4.2.4.7.1.1 Buyer Attributes
4.2.4.7.1.2 Business Challenges
4.2.4.7.1.3 Business Drivers
4.2.4.7.2 Application
4.2.4.7.2.1 Switzerland Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.7.3 Product
4.2.4.7.3.1 Switzerland Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.8 Ukraine
4.2.4.8.1 Market
4.2.4.8.1.1 Buyer Attributes
4.2.4.8.1.2 Business Challenges
4.2.4.8.1.3 Business Drivers
4.2.4.8.2 Application
4.2.4.8.2.1 Ukraine Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.8.3 Product
4.2.4.8.3.1 Ukraine Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.9 Belgium
4.2.4.9.1 Market
4.2.4.9.1.1 Buyer Attributes
4.2.4.9.1.2 Business Challenges
4.2.4.9.1.3 Business Drivers
4.2.4.9.2 Application
4.2.4.9.2.1 Belgium Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.9.3 Product
4.2.4.9.3.1 Belgium Smart Farming Market (by Product), $Million, 2021-2027
4.2.4.10 Rest-of-Europe
4.2.4.10.1 Market
4.2.4.10.1.1 Buyer Attributes
4.2.4.10.1.2 Business Challenges
4.2.4.10.1.3 Business Drivers
4.2.4.10.2 Application
4.2.4.10.2.1 Rest-of-Europe Smart Farming Market (by Application), $Million, 2021-2027
4.2.4.10.3 Product
4.2.4.10.3.1 Rest-of-Europe Smart Farming Market (by Product), $Million, 2021-2027
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Companies in the U.K.
4.3.1.3 Business Drivers
4.3.1.4 Business Challenges
4.3.2 Application
4.3.2.1 U.K. Smart Farming Market (by Application)
4.3.3 Product
4.3.3.1 U.K. Smart Farming Market (by Product)
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Companies in China
4.4.1.3 Business Drivers
4.4.1.4 Business Challenges
4.4.2 Application
4.4.2.1 China Smart Farming Market (by Application)
4.4.3 Product
4.4.3.1 China Smart Farming Market (by Product)
4.5 Asia-Pacific
4.5.1 Market
4.5.1.1 Key Companies in Asia-Pacific
4.5.1.2 Buyer Attributes
4.5.1.3 Business Drivers
4.5.1.4 Business Challenges
4.5.2 Application
4.5.2.1 Asia-Pacific Smart Farming Market (by Application)
4.5.3 Product
4.5.3.1 Asia-Pacific Smart Farming Market (by Product)
4.5.4 Asia-Pacific Smart Farming Market (by Country)
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Business Challenges
4.5.4.1.1.3 Business Drivers
4.5.4.1.2 Application
4.5.4.1.2.1 Japan Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.1.3 Product
4.5.4.1.3.1 Japan Smart Farming Market (by Product), $Million, 2021-2027
4.5.4.2 India
4.5.4.2.1 Market
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Business Challenges
4.5.4.2.1.3 Business Drivers
4.5.4.2.2 Application
4.5.4.2.2.1 India Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.2.3 Product
4.5.4.2.3.1 India Smart Farming Market (by Product), $Million, 2021-2027
4.5.4.3 Australia and New Zealand
4.5.4.3.1 Market
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Business Challenges
4.5.4.3.1.3 Business Drivers
4.5.4.3.2 Application
4.5.4.3.2.1 Australia and New Zealand Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.3.3 Product
4.5.4.3.3.1 Australia and New Zealand Smart Farming Market (by Product), $Million, 2021-2027
4.5.4.4 Thailand
4.5.4.4.1 Market
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Business Challenges
4.5.4.4.1.3 Business Drivers
4.5.4.4.2 Application
4.5.4.4.2.1 Thailand Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.4.3 Product
4.5.4.4.3.1 Thailand Smart Farming Market (by Product), $Million, 2021-2027
4.5.4.5 South Korea
4.5.4.5.1 Market
4.5.4.5.1.1 Buyer Attributes
4.5.4.5.1.2 Business Challenges
4.5.4.5.1.3 Business Drivers
4.5.4.5.2 Application
4.5.4.5.2.1 South Korea Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.5.3 Product
4.5.4.5.3.1 South Korea Smart Farming Market (by Product), $Million, 2021-2027
4.5.4.6 Rest-of-Asia-Pacific
4.5.4.6.1 Market
4.5.4.6.1.1 Buyer Attributes
4.5.4.6.1.2 Business Challenges
4.5.4.6.1.3 Business Drivers
4.5.4.6.2 Application
4.5.4.6.2.1 Rest-of-Asia-Pacific Smart Farming Market (by Application), $Million, 2021-2027
4.5.4.6.3 Product
4.5.4.6.3.1 Rest-of-Asia-Pacific Smart Farming Market (by Product), $Million, 2021-2027
4.6 Middle East and Africa
4.6.1 Market
4.6.1.1 Buyer Attributes
4.6.1.2 Key Providers in the Middle East and Africa
4.6.1.3 Business Challenges
4.6.1.4 Business Drivers
4.6.2 Application
4.6.2.1 Middle East and Africa Smart Farming Market (by Application), $Million, 2021-2027
4.6.3 Product
4.6.3.1 Middle East and Africa Smart Farming Market (by Product), $Million, 2021-2027
4.6.4 Middle East and Africa (by Country)
4.6.4.1 Israel
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Business Challenges
4.6.4.1.1.3 Business Drivers
4.6.4.1.2 Application
4.6.4.1.2.1 Israel Smart Farming Market (by Application), $Million, 2021-2027
4.6.4.1.3 Product
4.6.4.1.3.1 Israel Smart Farming Market (by Product), $Million, 2021-2027
4.6.4.2 South Africa
4.6.4.2.1 Market
4.6.4.2.1.1 Buyer Attributes
4.6.4.2.1.2 Business Challenges
4.6.4.2.1.3 Business Drivers
4.6.4.2.2 Application
4.6.4.2.2.1 South Africa Smart Farming Market (by Application), $Million, 2021-2027
4.6.4.2.3 Product
4.6.4.2.3.1 South Africa Smart Farming Market (by Product), $Million, 2021-2027
4.6.4.3 Turkey
4.6.4.3.1 Market
4.6.4.3.1.1 Buyer Attributes
4.6.4.3.1.2 Business Challenges
4.6.4.3.1.3 Business Drivers
4.6.4.3.2 Application
4.6.4.3.2.1 Turkey Smart Farming Market (by Application), $Million, 2021-2027
4.6.4.3.3 Product
4.6.4.3.3.1 Turkey Smart Farming Market (by Product), $Million, 2021-2027
4.6.4.4 Rest-of-Middle East and Africa
4.6.4.4.1 Market
4.6.4.4.1.1 Buyer Attributes
4.6.4.4.1.2 Business Challenges
4.6.4.4.1.3 Business Drivers
4.6.4.4.2 Application
4.6.4.4.2.1 Rest-of-Middle East and Africa Smart Farming Market (by Application), $Million, 2021-2027
4.6.4.4.3 Product
4.6.4.4.3.1 Rest-of-Middle East and Africa Smart Farming Market (by Product), $Million, 2021-2027
4.7 South America
4.7.1 Market
4.7.1.1 Buyer Attributes
4.7.1.2 Key Providers in South America
4.7.1.3 Business Challenges
4.7.1.4 Business Drivers
4.7.2 Application
4.7.2.1 South America Smart Farming Market (by Application), $Million, 2021-2027
4.7.3 Product
4.7.3.1 South America Smart Farming Market (by Product), $Million, 2021-2027
4.7.4 South America (by Country)
4.7.4.1 Brazil
4.7.4.1.1 Market
4.7.4.1.1.1 Buyer Attributes
4.7.4.1.1.2 Business Challenges
4.7.4.1.1.3 Business Drivers
4.7.4.1.2 Application
4.7.4.1.2.1 Brazil Smart Farming Market (by Application), $Million, 2021-2027
4.7.4.1.3 Product
4.7.4.1.3.1 Brazil Smart Farming Market (by Product), $Million, 2021-2027
4.7.4.2 Rest-of-South America
4.7.4.2.1 Market
4.7.4.2.1.1 Buyer Attributes
4.7.4.2.1.2 Business Challenges
4.7.4.2.1.3 Business Drivers
4.7.4.2.2 Application
4.7.4.2.2.1 Rest-of-South America Smart Farming Market (by Application), $Million, 2021-2027
4.7.4.2.3 Product
4.7.4.2.3.1 Rest-of-South America Smart Farming Market (by Product), $Million, 2021-2027
5.1 Competitive Benchmarking
5.1.1 Precision Farming Companies
5.1.2 Livestock Monitoring and Management Companies
5.2 Market Share Analysis
5.2.1 Market Share Analysis of Precision Farming Equipment Manufacturers
5.2.2 Market Share Analysis of Livestock Monitoring & Management Solutions Providers
5.3 Company Profiles
5.3.1 Precision Farming and Farm Management
5.3.1.1 Ag Leader Technology
5.3.1.1.1 Company Overview
5.3.1.1.2 Role of Ag Leader Technology in the Smart Farming Market
5.3.1.1.3 Pricing and Product Portfolio
5.3.1.1.3.1 Target Customers
5.3.1.1.4 Business Strategies
5.3.1.1.4.1 Product Developments
5.3.1.1.5 Analyst View
5.3.1.2 AGCO Corporation
5.3.1.2.1 Company Overview
5.3.1.2.2 Role of AGCO Corporation in the Smart Farming Market
5.3.1.2.3 Product Portfolio
5.3.1.2.3.1 Target Customers
5.3.1.2.3.2 Key Clients/Customers
5.3.1.2.4 Business Strategies
5.3.1.2.4.1 Product Developments
5.3.1.2.4.2 Market Development
5.3.1.2.5 Corporate Strategies
5.3.1.2.5.1 Mergers and Acquisitions
5.3.1.2.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.2.6 Analyst View
5.3.1.3 CNH Industrial N.V.
5.3.1.3.1 Company Overview
5.3.1.3.2 Role of CNH Industrial N.V. in the Smart Farming Market
5.3.1.3.3 Product Portfolio
5.3.1.3.3.1 Target Customers
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, Joint Ventures, Collaborations, and Alliances
5.3.1.3.6 Analyst View
5.3.1.4 Deere & Company
5.3.1.4.1 Company Overview
5.3.1.4.2 Role of Deere & Company in the Smart Farming Market
5.3.1.4.3 Product Portfolio
5.3.1.4.3.1 Target Customers
5.3.1.4.4 Business Strategies
5.3.1.4.4.1 Product Developments
5.3.1.4.5 Corporate Strategies
5.3.1.4.5.1 Mergers and Acquisitions
5.3.1.4.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.4.6 Analyst View
5.3.1.5 Hexagon Agriculture
5.3.1.5.1 Company Overview
5.3.1.5.2 Role of Hexagon Agriculture in the Smart Farming Market
5.3.1.5.3 Product Portfolio
5.3.1.5.3.1 Target Customers
5.3.1.5.4 Business Strategies
5.3.1.5.4.1 Product Developments
5.3.1.5.5 Corporate Strategies
5.3.1.5.5.1 Mergers and Acquisitions
5.3.1.5.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.5.6 Analyst View
5.3.1.6 Kubota Corporation
5.3.1.6.1 Company Overview
5.3.1.6.2 Role of Kubota Corporation in the Smart Farming Market
5.3.1.6.3 Product Portfolio
5.3.1.6.3.1 Target Customers
5.3.1.6.4 Business Strategies
5.3.1.6.4.1 Product Developments
5.3.1.6.4.2 Market Developments
5.3.1.6.5 Corporate Strategies
5.3.1.6.5.1 Mergers and Acquisitions
5.3.1.6.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.6.6 Analyst View
5.3.1.7 Climate LLC (Bayer AG)
5.3.1.7.1 Company Overview
5.3.1.7.1.1 Role of Climate LLC in the Smart Farming Market
5.3.1.7.1.2 Product Portfolio
5.3.1.7.1.3 Target Customers
5.3.1.7.1.4 Key Partners
5.3.1.7.2 Business Strategies
5.3.1.7.2.1 Product Developments
5.3.1.7.3 Corporate Strategies
5.3.1.7.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.7.4 Analyst View
5.3.1.8 Trimble Inc.
5.3.1.8.1 Company Overview
5.3.1.8.1.1 Role of Trimble Inc. in the Global Smart Farming Market
5.3.1.8.1.2 Product Portfolio
5.3.1.8.1.3 Target Customers
5.3.1.8.2 Business Strategies
5.3.1.8.2.1 Product Developments
5.3.1.8.3 Corporate Strategies
5.3.1.8.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.8.3.2 Merger and Acquisition
5.3.1.8.4 Analyst View
5.3.1.9 BASF SE
5.3.1.9.1 Company Overview
5.3.1.9.2 Role of BASF SE in the Global Smart Farming Market
5.3.1.9.3 Product Portfolio
5.3.1.9.3.1 Target Customers
5.3.1.9.3.2 Key Partners
5.3.1.9.4 Business Strategies
5.3.1.9.4.1 Product Developments
5.3.1.9.4.2 Market Developments
5.3.1.9.5 Corporate Strategies
5.3.1.9.5.1 Mergers and Acquisitions
5.3.1.9.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.9.6 Analyst View
5.3.1.10 CropX inc.
5.3.1.10.1 Company Overview
5.3.1.10.2 Role of CropX inc. in the Global Smart Farming Market
5.3.1.10.3 Product Portfolio
5.3.1.10.3.1 Target Customers
5.3.1.10.3.2 Key Partners
5.3.1.10.4 Business Strategies
5.3.1.10.4.1 Product Developments
5.3.1.10.5 Corporate Strategies
5.3.1.10.5.1 Partnerships, Collaborations, and Joint Ventures
5.3.1.10.5.2 Mergers and Acquisitions
5.3.1.10.6 Analyst View
5.3.1.11 Connecterra B.V.
5.3.1.11.1 Company Overview
5.3.1.11.1.1 Role of Connecterra B.V. in the Global Smart Farming Market
5.3.1.11.1.2 Product Portfolio
5.3.1.11.1.3 Target Customers
5.3.1.11.1.4 Key Clients
5.3.1.11.2 Business Strategies
5.3.1.11.2.1 Product Developments
5.3.1.11.3 Corporate Strategies
5.3.1.11.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.11.4 Analyst View
5.3.1.12 Naio Technologies
5.3.1.12.1 Company Overview
5.3.1.12.2 Role of Naio Technologies in the Smart Farming Market
5.3.1.12.3 Product Portfolio
5.3.1.12.3.1 Target Customers
5.3.1.12.4 Business Strategies
5.3.1.12.4.1 Product Developments
5.3.1.12.5 Corporate Strategies
5.3.1.12.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.12.6 Analyst View
5.3.1.13 DJI
5.3.1.13.1 Company Overview
5.3.1.13.2 Role of DJI in the Smart Farming Market
5.3.1.13.3 Product Portfolio
5.3.1.13.3.1 Target Customers
5.3.1.13.4 Analyst View
5.3.1.14 Signify Holding
5.3.1.14.1 Company Overview
5.3.1.14.2 Role of Signify Holding in the Smart Farming Market
5.3.1.14.3 Product Portfolio
5.3.1.14.3.1 Target Customers
5.3.1.14.4 Analyst View
5.3.1.15 Osram Licht AG
5.3.1.15.1 Company Overview
5.3.1.15.2 Role of Osram Licht AG in the 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 Analyst View
5.3.2 Livestock Monitoring and Management
5.3.2.1 Afimilk Ltd.
5.3.2.1.1 Company Overview
5.3.2.1.2 Role of Afimilk Ltd. in the Smart Farming Market
5.3.2.1.3 Product Portfolio
5.3.2.1.3.1 Target Customers
5.3.2.1.4 Business Strategies
5.3.2.1.4.1 Product Developments
5.3.2.1.5 Corporate Strategies
5.3.2.1.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.1.6 Analyst View
5.3.2.2 Allflex USA Inc.
5.3.2.2.1 Company Overview
5.3.2.2.2 Role of Allflex USA Inc. in the Smart Farming Market
5.3.2.2.3 Product Portfolio
5.3.2.2.3.1 Target Customers
5.3.2.2.4 Business Strategies
5.3.2.2.4.1 Product Developments
5.3.2.2.5 Corporate Strategies
5.3.2.2.5.1 Mergers and Acquisitions
5.3.2.2.6 Analyst View
5.3.2.3 Nedap N.V.
5.3.2.3.1 Company Overview
5.3.2.3.2 Role of Nedap N.V. in the Smart Farming Market
5.3.2.3.3 Product Portfolio
5.3.2.3.3.1 Target Customers
5.3.2.3.3.2 Key Clients
5.3.2.3.4 Business Strategies
5.3.2.3.4.1 Product Developments
5.3.2.3.5 Analyst View
5.3.2.4 Cargill, Incorporated
5.3.2.4.1 Company Overview
5.3.2.4.1.1 Role of Cargill, Incorporated in the Global Smart Farming Market
5.3.2.4.1.2 Product Portfolio
5.3.2.4.1.3 Target Customers
5.3.2.4.1.4 Key Clients
5.3.2.4.2 Business Strategies
5.3.2.4.2.1 Product Developments
5.3.2.4.2.2 Business Expansion
5.3.2.4.3 Corporate Strategies
5.3.2.4.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.4.4 Analyst View
5.3.2.5 GEA Group Ag
5.3.2.5.1 Company Overview
5.3.2.5.1.1 Role of GEA Group Ag in the Global Smart Farming Market
5.3.2.5.1.2 Product Portfolio
5.3.2.5.1.3 Target Customers
5.3.2.5.1.4 Key Clients
5.3.2.5.2 Business Strategies
5.3.2.5.2.1 Product Developments
5.3.2.5.3 Corporate Strategies
5.3.2.5.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.5.4 Analyst View
5.3.3 Aquaculture
5.3.3.1 AKVA Group ASA
5.3.3.1.1 Company Overview
5.3.3.1.2 Role of AKVA Group ASA in the Smart Farming Market
5.3.3.1.3 Product Portfolio
5.3.3.1.3.1 Target Customers
5.3.3.1.4 Corporate Strategies
5.3.3.1.4.1 Mergers and Acquisitions
5.3.3.1.5 Analyst View
5.3.3.2 Eruvaka Technologies
5.3.3.2.1 Company Overview
5.3.3.2.2 Role of Eruvaka Technologies in the Smart Farming Market
5.3.3.2.3 Product Portfolio
5.3.3.2.3.1 Target Customers
5.3.3.2.4 Analyst View
5.3.3.3 AquaManager (Integrated Information Systems S.A.)
5.3.3.3.1 Company Overview
5.3.3.3.2 Role of AquaManager in the Smart Farming Market
5.3.3.3.3 Product Portfolio
5.3.3.3.3.1 Target Customers
5.3.3.3.3.2 Key Clients
5.3.3.3.4 Corporate Strategies
5.3.3.3.4.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.3.3.5 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
Table 1: Key Consortiums and Associations in the Global Smart Farming Market
Table 2: Key Regulatory Bodies
Table 3: Key Government Programs
Table 4: Government Initiatives for Sustainable Food Production
Table 5: Precision Agriculture Benefits
Table 6: Internet and Electricity Access in Key Countries, 2020
Table 7: Key Start-Ups in the Global Smart Farming Market
Table 8: Major Precision Irrigation Methods for the Global Smart Farming Market
Table 9: Key Precision Irrigation Companies
Table 10: Key Yield Monitoring Technologies Utilized in Global 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 Global Smart Farming Market
Table 13: Key Players Offering Precision Planting Services
Table 14: Key Precision Spraying Technologies Utilized in the Global Smart Farming Market
Table 15: Key Players Offering Precision Spraying Services
Table 16: Key Precision Fertilization Technologies Utilized in the Global Smart Farming Market
Table 17: Key Players Offering Precision Fertilization Services
Table 18: Key Farm Management Technologies Utilized in the Global Smart Farming Market
Table 19: Key Companies Providing Farm Management Services
Table 20: Key Milk Harvesting System Companies
Table 21: Key Animal Health Monitoring and Comfort Companies
Table 22: Key Feeding Management Companies
Table 23: Key Livestock Tracking Products Companies
Table 24: Key Feed Management Companies
Table 25: Key Aquatic Species Tracking and Navigation Companies
Table 26: Key Water Quality Management Companies
Table 27: Key Other Applications Companies
Table 28: Global Smart Farming Market (by Application), $Million, 2021-2027
Table 29: Key Display/Yield Monitor Companies
Table 30: Key Flow and Application Rate Control Valves Companies
Table 31: Key Farm Computers and Mobile Devices Companies
Table 32: Key Agricultural Camera Companies
Table 33: Key RFID Tag and Reader Companies
Table 34: Key Guidance and Steering Systems Companies
Table 35: Key GPS/GNSS System Companies
Table 36: Key Other Hardware Companies
Table 37: Key Smart Farming Software Companies
Table 38: Key Companies Providing Farm Operation Management Software
Table 39: Key Companies Providing Hardware Control Application Software
Table 40: Key Companies Providing Data and Predictive Analytics Software
Table 41: Global Smart Farming Market (by Product), $Million, 2021-2027
Table 42: Global Smart Farming Market (by Software Type), $Million, 2021-2027
Table 43: Global Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 44: Global Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 45: Primary Application or Technology Focused on by Key Players in Patent Filing
Table 46: Global Smart Farming Market (by Region), $Millions, 2021-2027
Table 47: North America Smart Farming Market (by Application), $Million, 2021-2027
Table 48: North America Smart Farming Market (by Product), $Million, 2021-2027
Table 49: North America Smart Farming Market (by Software Type), $Million, 2021-2027
Table 50: North America Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 51: North America Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 52: North America Smart Farming Market (by Country), $Million, 2021-2027
Table 53: U.S. Smart Farming Market (by Application), $Million, 2021-2027
Table 54: U.S. Smart Farming Market (by Product), $Million, 2021-2027
Table 55: U.S. Smart Farming Market (by Software Type), $Million, 2021-2027
Table 56: U.S. Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 57: U.S. Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 58: Canada Smart Farming Market (by Application), $Million, 2021-2027
Table 59: Canada Smart Farming Market (by Product), $Million, 2021-2027
Table 60: Canada Smart Farming Market (by Software Type), $Million, 2021-2027
Table 61: Canada Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 62: Canada Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 63: Mexico Smart Farming Market (by Application), $Million, 2021-2027
Table 64: Mexico Smart Farming Market (by Product), $Million, 2021-2027
Table 65: Mexico Smart Farming Market (by Software Type), $Million, 2021-2027
Table 66: Mexico Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 67: Mexico Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 68: Europe Smart Farming Market (by Application), $Million, 2021-2027
Table 69: Europe Smart Farming Market (by Product), $Million, 2021-2027
Table 70: Europe Smart Farming Market (by Software Type), $Million, 2021-2027
Table 71: Europe Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 72: Europe Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 73: Europe Smart Farming Market (by Country), $Million, 2021-2027
Table 74: Germany Smart Farming Market (by Application), $Million, 2021-2027
Table 75: Germany Smart Farming Market (by Product), $Million, 2021-2027
Table 76: Germany Smart Farming Market (by Software Type), $Million, 2021-2027
Table 77: Germany Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 78: Germany Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 79: France Smart Farming Market (by Application), $Million, 2021-2027
Table 80: France Smart Farming Market (by Product), $Million, 2021-2027
Table 81: France Smart Farming Market (by Software Type), $Million, 2021-2027
Table 82: France Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 83: France Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 84: Netherlands Smart Farming Market (by Application), $Million, 2021-2027
Table 85: Netherlands Smart Farming Market (by Product), $Million, 2021-2027
Table 86: Netherlands Smart Farming Market (by Software Type), $Million, 2021-2027
Table 87: Netherlands Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 88: Netherlands Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 89: Italy Smart Farming Market (by Application), $Million, 2021-2027
Table 90: Italy Smart Farming Market (by Product), $Million, 2021-2027
Table 91: Italy Smart Farming Market (by Software Type), $Million, 2021-2027
Table 92: Italy Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 93: Italy Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 94: Spain Smart Farming Market (by Application), $Million, 2021-2027
Table 95: Spain Smart Farming Market (by Product), $Million, 2021-2027
Table 96: Spain Smart Farming Market (by Software Type), $Million, 2021-2027
Table 97: Spain Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 98: Spain Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 99: Greece Smart Farming Market (by Application), $Million, 2021-2027
Table 100: Greece Smart Farming Market (by Product), $Million, 2021-2027
Table 101: Greece Smart Farming Market (by Software Type), $Million, 2021-2027
Table 102: Greece Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 103: Greece Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 104: Switzerland Smart Farming Market (by Application), $Million, 2021-2027
Table 105: Switzerland Smart Farming Market (by Product), $Million, 2021-2027
Table 106: Switzerland Smart Farming Market (by Software Type), $Million, 2021-2027
Table 107: Switzerland Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 108: Switzerland Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 109: Ukraine Smart Farming Market (by Application), $Million, 2021-2027
Table 110: Ukraine Smart Farming Market (by Product), $Million, 2021-2027
Table 111: Ukraine Smart Farming Market (by Software Type), $Million, 2021-2027
Table 112: Ukraine Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 113: Ukraine Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 114: Belgium Smart Farming Market (by Application), $Million, 2021-2027
Table 115: Belgium Smart Farming Market (by Product), $Million, 2021-2027
Table 116: Belgium Smart Farming Market (by Software Type), $Million, 2021-2027
Table 117: Belgium Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 118: Belgium Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 119: Rest-of-Europe Smart Farming Market (by Application), $Million, 2021-2027
Table 120: Rest-of-Europe Smart Farming Market (by Product), $Million, 2021-2027
Table 121: Rest-of-Europe Smart Farming Market (by Software Type), $Million, 2021-2027
Table 122: Rest-of-Europe Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 123: Rest-of-Europe Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 124: U.K. Smart Farming Market (by Application), $Million, 2021-2027
Table 125: U.K. Smart Farming Market (by Product), $Million, 2021-2027
Table 126: U.K. Smart Farming Market (by Software Type), $Million, 2021-2027
Table 127: U.K. Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 128: U.K. Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 129: China Smart Farming Market (by Application), $Million, 2021-2027
Table 130: China Smart Farming Market (by Product), $Million, 2021-2027
Table 131: China Smart Farming Market (by Software Type), $Million, 2021-2027
Table 132: China Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 133: China Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 134: Asia-Pacific Smart Farming Market (by Application), $Million, 2021-2027
Table 135: Asia-Pacific Smart Farming Market (by Product), $Million, 2021-2027
Table 136: Asia-Pacific Smart Farming Market (by Software Type), $Million, 2021-2027
Table 137: Asia-Pacific Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 138: Asia-Pacific Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 139: Asia-Pacific Smart Farming Market (by Country), $Million, 2021-2027
Table 140: Japan Smart Farming Market (by Application), $Million, 2021-2027
Table 141: Japan Smart Farming Market (by Product), $Million, 2021-2027
Table 142: Japan Smart Farming Market (by Software Type), $Million, 2021-2027
Table 143: Japan Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 144: Japan Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 145: India Smart Farming Market (by Application), $Million, 2021-2027
Table 146: India Smart Farming Market (by Product), $Million, 2021-2027
Table 147: India Smart Farming Market (by Software Type), $Million, 2021-2027
Table 148: India Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 149: India Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 150: Australia and New Zealand Smart Farming Market (by Application), $Million, 2021-2027
Table 151: Australia and New Zealand Smart Farming Market (by Product), $Million, 2021-2027
Table 152: Australia and New Zealand Smart Farming Market (by Software Type), $Million, 2021-2027
Table 153: Australia and New Zealand Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 154: Australia and New Zealand Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 155: Thailand Smart Farming Market (by Application), $Million, 2021-2027
Table 156: Thailand Smart Farming Market (by Product), $Million, 2021-2027
Table 157: Thailand Smart Farming Market (by Software Type), $Million, 2021-2027
Table 158: Thailand Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 159: Thailand Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 160: South Korea Smart Farming Market (by Application), $Million, 2021-2027
Table 161: South Korea Smart Farming Market (by Product), $Million, 2021-2027
Table 162: South Korea Smart Farming Market (by Software Type), $Million, 2021-2027
Table 163: South Korea Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 164: South Korea Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 165: Rest-of-Asia-Pacific Smart Farming Market (by Application), $Million, 2021-2027
Table 166: Rest-of-Asia-Pacific Smart Farming Market (by Product), $Million, 2021-2027
Table 167: Rest-of-Asia-Pacific Smart Farming Market (by Software Type), $Million, 2021-2027
Table 168: Rest-of-Asia-Pacific Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 169: Rest-of-Asia-Pacific Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 170: Middle East and Africa Smart Farming Market (by Application), $Million, 2021-2027
Table 171: Middle East and Africa Smart Farming Market (by Product), $Million, 2021-2027
Table 172: Middle East and Africa Smart Farming Market (by Software Type), $Million, 2021-2027
Table 173: Middle East and Africa Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 174: Middle East and Africa Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 175: Middle East and Africa Smart Farming Market (by Country), $Million, 2021-2027
Table 176: Israel Smart Farming Market (by Application), $Million, 2021-2027
Table 177: Israel Smart Farming Market (by Product), $Million, 2021-2027
Table 178: Israel Smart Farming Market (by Software Type), $Million, 2021-2027
Table 179: Israel Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 180: Israel Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 181: South Africa Smart Farming Market (by Application), $Million, 2021-2027
Table 182: South Africa Smart Farming Market (by Product), $Million, 2021-2027
Table 183: South Africa Smart Farming Market (by Software Type), $Million, 2021-2027
Table 184: South Africa Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 185: South Africa Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 186: Turkey Smart Farming Market (by Application), $Million, 2021-2027
Table 187: Turkey Smart Farming Market (by Product), $Million, 2021-2027
Table 188: Turkey Smart Farming Market (by Software Type), $Million, 2021-2027
Table 189: Turkey Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 190: Turkey Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 191: Rest-of-Middle East and Africa Smart Farming Market (by Application), $Million, 2021-2027
Table 192: Rest-of-Middle East and Africa Smart Farming Market (by Product), $Million, 2021-2027
Table 193: Rest-of-Middle East and Africa Smart Farming Market (by Software Type), $Million, 2021-2027
Table 194: Rest-of-Middle East and Africa Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 195: Rest-of-Middle East and Africa Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 196: South America Smart Farming Market (by Application), $Million, 2021-2027
Table 197: South America Smart Farming Market (by Product), $Million, 2021-2027
Table 198: South America Smart Farming Market (by Software Type), $Million, 2021-2027
Table 199: South America Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 200: South America Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 201: South America Smart Farming Market (by Country), $Million, 2021-2027
Table 202: Brazil Smart Farming Market (by Application), $Million, 2021-2027
Table 203: Brazil Smart Farming Market (by Product), $Million, 2021-2027
Table 204: Brazil Smart Farming Market (by Software Type), $Million, 2021-2027
Table 205: Brazil Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 206: Brazil Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 207: Rest-of-South America Smart Farming Market (by Application), $Million, 2021-2027
Table 208: Rest-of-South America Smart Farming Market (by Product), $Million, 2021-2027
Table 209: Rest-of-South America Smart Farming Market (by Software Type), $Million, 2021-2027
Table 210: Rest-of-South America Smart Farming Market (by Hardware Type), $Million, 2021-2027
Table 211: Rest-of-South America Smart Farming Market (by Hardware Type), Thousand Units, 2021-2027
Table 212: Ag Leader Technology: Product Portfolio
Table 213: Ag Leader Technology: Pricing Analysis
Table 214: Ag Leader Technology: Product Development
Table 215: AGCO Corporation: Product Portfolio
Table 216: Product Developments
Table 217: Market Development
Table 218: Mergers and Acquisitions
Table 219: Partnership, Investment, and Collaboration
Table 220: CNH Industrial N.V.: Product Portfolio
Table 221: Product Developments
Table 222: Mergers and Acquisitions
Table 223: Partnership, Investment, and Collaboration
Table 224: Deere & Company: Product Portfolio
Table 225: Deere & Company: Pricing Analysis
Table 226: Product Developments
Table 227: Mergers and Acquisitions
Table 228: Partnership and Collaboration
Table 229: Hexagon Agriculture: Product Portfolio
Table 230: Product Developments
Table 231: Mergers and Acquisitions
Table 232: Partnership and Collaboration
Table 233: Kubota Corporation: Product Portfolio
Table 234: Product Developments
Table 235: Kubota Corporation: Business Expansion
Table 236: Mergers and Acquisitions
Table 237: Partnership, Investment, and Collaboration
Table 238: Climate LLC: Product Portfolio
Table 239: Climate LLC: Pricing Analysis
Table 240: Product Developments
Table 241: Climate LLC: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 242: Trimble Inc.: Product Portfolio
Table 243: Product Developments
Table 244: Trimble Inc.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 245: BASF SE: Product Portfolio
Table 246: Product Developments
Table 247: BASF SE: Market Developments
Table 248: BASF SE: Mergers and Acquisitions
Table 249: BASF SE: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 250: CropX inc.: Product Portfolio
Table 251: Product Developments
Table 252: CropX inc.: Partnerships, Collaborations, and Joint Ventures
Table 253: CropX inc.: Mergers and Acquisitions
Table 254: Connecterra B.V.: Product Portfolio
Table 255: Product Developments
Table 256: Connecterra B.V.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 257: Naio Technologies: Product Portfolio
Table 258: Product Developments
Table 259: Partnership and Collaboration
Table 260: DJI: Product Portfolio
Table 261: Signify Holding: Product Portfolio
Table 262: Osram Licht AG: Product Portfolio
Table 263: Product Developments
Table 264: Afimilk Ltd.: Product Portfolio
Table 265: Product Developments
Table 266: Partnership and Collaboration
Table 267: Allflex USA Inc.: Product Portfolio
Table 268: Product Developments
Table 269: Mergers and Acquisitions
Table 270: Nedap N.V.: Product Portfolio
Table 271: Product Developments
Table 272: Cargill, Incorporated: Product Portfolio
Table 273: Product Developments
Table 274: Cargill, Incorporated: Business Expansion
Table 275: Cargill, Incorporated: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 276: GEA Group Ag: Product Portfolio
Table 277: Product Developments
Table 278: GEA Group Ag: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 279: AKVA Group ASA: Product Portfolio
Table 280: Mergers and Acquisitions
Table 281: Eruvaka Technologies: Product Portfolio
Table 282: AquaManager: Product Portfolio
Table 283: AquaManager: Partnerships, Joint Ventures, Collaborations, and Alliances
Figure 1: Microeconomic Indicators Impacting the Smart Farming Market
Figure 2: Market Dynamics of the Global Smart Farming Market, Drivers, Challenges, and Opportunities
Figure 3: Global Smart Farming Market, $Billion, 2021-2027
Figure 4: Global Smart Farming Market (by Application), $Billion, 2021 and 2027
Figure 5: Global Smart Farming Market (by Product), 2021
Figure 6: Global Smart Farming Market (by Region), $Billion, 2021
Figure 7: Global Smart Farming Market Coverage
Figure 8: Characteristics of Smart Farming
Figure 9: Smart Farming Architecture
Figure 10: Applications of 5G in Smart Farming Operations
Figure 11: Employment in Agriculture in the World (Percentage of Total Employment), 2015-2019
Figure 12: Employment in Agriculture for European Countries (Percentage of Total Employment), 2015-2019
Figure 13: Trends in Agriculture Land Use Globally (% of Land Area), 2001-2020
Figure 14: Soil Erosion Project - Africa Wood Grow in Kenyan Farmlands
Figure 15: Agriculture Sector Emissions, 2018
Figure 16: Research Articles Publications Related to Livestock Tracking, 2010-2020
Figure 17: Basic Infrastructural Requirements of Smart Farming Ecosystem
Figure 18: Agriculture Revenue Per Labour, 2017
Figure 19: Malware Attacks on Agriculture Industry Globally, Million, 2019-2020
Figure 20: Product Development and Innovation (by Company), January 2017-January 2023
Figure 21: Business Expansion and Investments (by Company), January 2017- January 2023
Figure 22: Mergers and Acquisitions (by Company), January 2017-January 2023
Figure 23: Partnerships, Joint Ventures, Collaborations, and Alliances (by Company), January 2017-January 2023
Figure 24: Agreement and Others (by Company), January 2017-January 2023
Figure 25: Snapshot of Corporate Strategies Adopted by the Players in Global Smart Farming Market
Figure 26: Applications of Blockchain in Agricultural Operations
Figure 27: FarmSustainaBl Project
Figure 28: Digital Traceability in Rice Value Chain, Ivory Coast-CropIn Technology
Figure 29: Climate-smart agriculture
Figure 30: Remote Monitoring of Grape Crops for Disease and Pest Management-Infosys
Figure 31: Automated Irrigation System Development-Krish Compusoft Services
Figure 32: Smart Farming Technologies Implementation on Rice Yield - Atilze
Figure 33: Reduction of Input Resources - Zerynth S.p.A.
Figure 34: Prediction of Yield Production and Tracking of Farm Cultivation – Extentia Information Technology
Figure 35: Total Investment and Number of Funding Deals, January 2020-December 2021
Figure 36: Top Funding Deals in Novel Farming Systems and Farm Management Software, Sensing, and IoT (by Funding Amount), 2021
Figure 37: Funding (by Technology), 2021
Figure 38: Funding (by Year), 2020-2021
Figure 39: Smart Farming Applications
Figure 40: Adoption of Key Precision Agriculture Technologies by the U.S. and Other Global Countries, 2021
Figure 41: Precision Agriculture Cycle
Figure 42: Smart Irrigation Technology Deployment in India
Figure 43: Livestock Management Cycle
Figure 44: Smart Aquaculture Cycle
Figure 45: Smart Farming Market (by Product)
Figure 46: Smart Farming Solution Structure
Figure 47: Patents Filed or Granted for Global Smart Farming Market, January 2018-December 2022
Figure 48: Patent Analysis (by Application), January 2018-December 2022
Figure 49: Patent Analysis (by Organization), January 2018-December 2022
Figure 50: Patent Analysis (by Patent Office), January 2018-December 2022
Figure 51: Market for Various Technologies and Methods in Agriculture
Figure 52: Global Agriculture Goals Achieved through Smart Farming
Figure 53: History of Agricultural Evolution
Figure 54: Smart Farming Technologies in Agricultural Value Chain
Figure 55: Competitive Market High and Low Matrix for Precision Farming Companies
Figure 56: Competitive Market High and Low Matrix for Livestock Monitoring and Management Companies
Figure 57: Market Share Analysis of Precision Farming Equipment Manufacturers, 2021
Figure 58: Share Analysis of Livestock Monitoring and Management Solution Providers, 2021
Figure 59: Trends in Adoption of Corporate Strategies, 2017, 2018, 2020, and 2021
Figure 60: Trends in Adoption of Corporate Strategies, 2019-2020
Figure 61: Trends in Adoption of Corporate Strategies, 2019-2022
Figure 62: Trends in Adoption of Corporate Strategies, 2019-2022
Figure 63: Trends in Adoption of Corporate Strategies, 2020-2022
Figure 64: Data Triangulation
Figure 65: Top-Down and Bottom-Up Approach
Figure 66: Assumptions and Limitations
Market Report Coverage
|
Smart Farming Market |
|||
|
Base Year |
2021 |
Market Size in 2022 |
$15.06 Billion |
|
Forecast Period |
2022-2027 |
Value Projection and Estimation by 2027 |
$33.0 Billion |
|
CAGR During Forecast Period |
16.99% |
Number of Tables |
283 |
|
Number of Pages |
416 |
Number of Figures |
66 |
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 globe.
Key Companies Profiled
Company Type 1: Precision Farming and Farm Management
• Ag Leader Technology
• AGCO Corporation
• CNH Industrial N.V.
• Deere & Company
• Hexagon Agriculture
• Kubota Corporation
• Climate LLC
• Trimble Inc.
• BASF SE
• CropX inc.
• Connecterra B.V.
• Naio Technologies
• DJI
• Signify Holding
• Osram Licht AG
Company Type 2: Livestock Monitoring and Management
• Afimilk Ltd.
• Allflex USA Inc.
• Nedap N.V.
• Cargill, Incorporated
• GEA Group Ag
Company Type 3: Aquaculture
• AKVA Group ASA
• Eruvaka Technologies
• AquaManager
How This Report Can Add Value to End Users
Product/Innovation Strategy: The product segment helps the reader understand the different types of hardware and software is expected to available for deployment 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 globe.
Growth/Marketing Strategy: The global 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 agreement, business expansion, and product launch to strengthen their positions in the smart farming market.
For instance, in August 2021, Deere & Company acquired Bear Flag Robotics; an agriculture technology startup based in Silicon Valley. Bear Flag's technology enables a machine to work in a field autonomously. Bear Flag's technology complements Deere's technology initiatives and goals to help farmers achieve the best possible outcomes and solve meaningful challenges through advanced technology, including autonomy.
Competitive Strategy: Key players in the global 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 global 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.
Global Smart Farming Industry and Technology Overview
The global smart farming market was valued at $15.06 billion in 2022 and is expected to reach $33.0 billion in 2027, following a CAGR of 16.99% during 2022-2027. The growth in the global 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 globe.
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, and others. Sensor is the most important hardware component 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 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
Due to the COVID-19 pandemic, the research & development has slowed down owing to the lack of funding, halt manufacturing activities, and components or raw material supply chain disruptions. In addition, positive impact of COVID-19 had been seen on smart farming technologies adoption such as autonomous vehicles, robots, software solutions, and sensors by farmers owing to lack of workers which is resulted in increase in demand for smart farming solutions worldwide.
Market Segmentation:
Segmentation 1: by Application
• Precision Farming
• Livestock Monitoring and Management
• Aquaculture
• Others
The global 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 globally. 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 globe.
Segmentation 2: by Product Type
• Hardware
• Software
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 worldwide. 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 Region
• North America - U.S., Canada, and Mexico
• Europe - Germany, France, Italy, Spain, Netherlands, Greece, Ukraine, Belgium, Switzerland, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific - India, Japan, Australia and New Zealand, Thailand, South Korea, and Rest-of-Asia-Pacific
• Middle East and Africa - Israel, South Africa, Turkey, and Rest-of-Middle East and Africa
• South America - Brazil, Rest-of-South America
North America dominated the smart farming market in 2021 and is anticipated to uphold its dominance throughout the forecast period. The growth in the market is majorly driven by the increasing research and development activities and large-scale adoption of digital technologies.
Recent Developments in Global Smart Farming Market
• 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 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 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 Smart Farming Market:
• Need for Automation of Work Force in Agriculture
• Rising Concerns over Agriculture Sustainability
• Need For Technology in Livestock Monitoring and Disease Detection
• Increasing Demand for Global Food Security owing to Population Growth and Urbanization
The market is expected to face some following challenges:
• Rising Concern over Data Security with Increasing Cyber Attacks
• Lack of Compatible Infrastructure
Analyst Thoughts
According to Debraj Chakraborty, Principal Analyst, BIS Research, "The Smart Farming Market is expected to grow at a significant growth rate during the forecast period because of the growing need for more sustainable agricultural practices. Traditional farming practices can be resource-intensive, leading to waste and environmental damage. Smart farming technologies, such as precision irrigation and fertilization, can help to reduce waste and improve efficiency."
Global Smart Farming Market - A Global and Regional Analysis
Focus on Solution, Application, Adoption Framework and Country-Wise Analysis, Startup Analysis, Patent Analysis, and Value Chain - 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 Smart Farming Market globally.
The global 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 global Smart Farming Market. Companies such as Deere & Company, Cargill Incorporated, Kubota Corporation, Hexagon Agriculture, and CNH Industrial N.V. have majorly adopted business expansion, agreement, and product launches strategies.
A new entrant can focus on the research & development of software-based 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
· Market strategies & developments
· Patent analysis
· Case Studies
· Funding Analysis
· Government Programs and Regulatory Landscape
· Startup Landscape
The companies which are manufacturing and having capacity to develop smart farming products and services, component suppliers, research institutions, and regulatory bodies.
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