Smart Agriculture Solutions Market
PUBLISHED: 2020 ID: SMRC20031
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Smart Agriculture Solutions Market

Smart Agriculture Solutions - Global Market Outlook (2019 -2027)

4.7 (42 reviews)
4.7 (42 reviews)
Published: 2020 ID: SMRC20031

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Smart Agriculture Solutions Market is growing at a CAGR of 14.4% during the forecast period. Increase in adoption of multiple smart agriculture solutions by governments from all around the world is the major factor propelling the market growth. However, high upfront cost for use of new agricultural equipment is hampering the market growth.

 

Smart Agriculture Solutions - Global Market Outlook (2019 -2027)

 

Smart agriculture tools are widely utilized in precision farming as they have resulted in improving farm efficiency and have helped framers maximize their crop yields. Moreover, yield monitoring is a major application of precision farming that helps identify the field variability information, which includes weather conditions, soil properties, and fertilizers.

Based on the application, the precision farming segment is estimated to have a lucrative growth due to the use of GPS allows precise mapping of farmlands. This, along with appropriate software, informs the farmers about the status of their crops, and identifies the area of the farm that requires water, fertiliser or pesticide, enabling them to make well-informed decisions.

By geography, North America is going to have a lucrative growth during the forecast period due to the producers or breeders in this domain are constantly employing high-level agriculture orderliness and accessories such as steering and administration policies, sensors, advertisement materials, and farm management software.

Some of the key players profiled in the Smart Agriculture Solutions Market include Vodafone Group PLC, Trimble Navigation Ltd., TOPCON CORPORATION, Site-Specific Technology Development Group, Inc., SemiosBio Technologies Inc., Salt Mobile SA, Reed Business Information Ltd, Raven Industries, Inc, Iteris, Inc., IBM Corporation, Hexagone AB, Granular, Inc., Epicor Software Corporation, Dirt Road Data, Inc., Deere & Co., CropMetrics LLC, Cisco Systems Inc., AgriSight, Inc., AgriData Incorporated, Agribotix LLC, AgJunction LLC, AgEagle Aerial Systems Inc., Ag Leader Technology, and Accenture PLC. 

Solutions Covered:
• Variable Rate Technology 
• Tractor Collision and Obstacle Detection 
• Machinery Safety and Parameter Monitoring 
• Building and Premises Surveillance 
• Automated Machinery Guidance Control 

Components Covered:
• Software
• Hardware
• Services

Product Types Covered:
• Lighting
• Sensors
• Other Product Types 

Applications Covered:
• Precision Farming 
• Livestock Monitoring 
• Fish Farming 
• Smart Greenhouses 
• Horizontal Farming
• Vertical Farming

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances 

Table of Contents

1 Executive Summary        
         
2 Preface    
   
 2.1 Abstract       
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology       
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions      
         
3 Market Trend Analysis      
 
 3.1 Introduction       
 3.2 Drivers       
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats       
 3.6 Product Analysis       
 3.7 Application Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19       
         
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry       
         
5 Global Smart Agriculture Solutions Market, By Solution        
 5.1 Introduction       
 5.2 Variable Rate Technology       
 5.3 Tractor Collision and Obstacle Detection       
 5.4 Machinery Safety and Parameter Monitoring       
 5.5 Building and Premises Surveillance       
 5.6 Automated Machinery Guidance Control       
         
6 Global Smart Agriculture Solutions Market, By Component        
 6.1 Introduction       
 6.2 Software       
 6.3 Hardware       
  6.3.1 Smart Detection System      
  6.3.2 Drones      
  6.3.3 GPS Enabled Ranging Systems      
  6.3.4 Sensor Monitoring System      
 6.4 Services       
  6.4.1 Supply Chain Management Services      
  6.4.2 Climate Information Services      
  6.4.3 Other Services            
   6.4.3.1 Maintenance and Consulting       
   6.4.3.2 System Integration        
         
7 Global Smart Agriculture Solutions Market, By Product Type        
 7.1 Introduction       
 7.2 Lighting       
  7.2.1 LED Lighting Network      
   7.2.1.1 LED Light     
   7.2.1.2 LED Light Fixtures     
 7.3 Sensors       
  7.3.1 Wireless Sensors      
  7.3.2 Wireless Switches and Dimmers      
 7.4 Other Product Types       
  7.4.1 Gateway      
  7.4.2 Cable and Harness      
  7.4.3 Wi-fi Router      
         
8 Global Smart Agriculture Solutions Market, By Application        
 8.1 Introduction       
 8.2 Precision Farming       
 8.3 Livestock Monitoring       
 8.4 Fish Farming       
 8.5 Smart Greenhouses       
 8.6 Horizontal Farming       
 8.7 Vertical Farming       
         
9 Global Smart Agriculture Solutions Market, By Geography        
 9.1 Introduction       
 9.2 North America       
  9.2.1 US      
  9.2.2 Canada      
  9.2.3 Mexico      
 9.3 Europe       
  9.3.1 Germany      
  9.3.2 UK      
  9.3.3 Italy      
  9.3.4 France      
  9.3.5 Spain      
  9.3.6 Rest of Europe      
 9.4 Asia Pacific       
  9.4.1 Japan      
  9.4.2 China      
  9.4.3 India      
  9.4.4 Australia      
  9.4.5 New Zealand      
  9.4.6 South Korea      
  9.4.7 Rest of Asia Pacific      
 9.5 South America       
  9.5.1 Argentina      
  9.5.2 Brazil      
  9.5.3 Chile      
  9.5.4 Rest of South America      
 9.6 Middle East & Africa       
  9.6.1 Saudi Arabia      
  9.6.2 UAE      
  9.6.3 Qatar      
  9.6.4 South Africa      
  9.6.5 Rest of Middle East & Africa      
         
10 Key Developments        
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 10.2 Acquisitions & Mergers       
 10.3 New Product Launch       
 10.4 Expansions       
 10.5 Other Key Strategies       
         
11 Company Profiling        
 11.1 Vodafone Group PLC                
 11.2 Trimble Navigation Ltd.               
 11.3 TOPCON CORPORATION               
 11.4 Site-Specific Technology Development Group, Inc.              
 11.5 SemiosBio Technologies Inc.               
 11.6 Salt Mobile SA                
 11.7 Reed Business Information Ltd       
 11.8 Raven Industries, Inc                
 11.9 Iteris, Inc.                
 11.10 IBM Corporation                
 11.11 Hexagone AB                
 11.12 Granular, Inc.                
 11.13 Epicor Software Corporation               
 11.14 Dirt Road Data, Inc.                
 11.15 Deere & Co.                
 11.16 CropMetrics LLC                
 11.17 Cisco Systems Inc.                
 11.18 AgriSight, Inc.                
 11.19 AgriData Incorporated               
 11.20 Agribotix LLC                
 11.21 AgJunction LLC                
 11.22 AgEagle Aerial Systems Inc.               
 11.23 Ag Leader Technology               
 11.24 Accenture PLC                


List of Tables         
1 Global Smart Agriculture Solutions Market Outlook, By Region (2018-2027) ($MN)        
2 Global Smart Agriculture Solutions Market Outlook, By Solution (2018-2027) ($MN)        
3 Global Smart Agriculture Solutions Market Outlook, By Variable Rate Technology (2018-2027) ($MN)        
4 Global Smart Agriculture Solutions Market Outlook, By Tractor Collision and Obstacle Detection (2018-2027) ($MN)        
5 Global Smart Agriculture Solutions Market Outlook, By Machinery Safety and Parameter Monitoring (2018-2027) ($MN)        
6 Global Smart Agriculture Solutions Market Outlook, By Building and Premises Surveillance (2018-2027) ($MN)        
7 Global Smart Agriculture Solutions Market Outlook, By Automated Machinery Guidance Control (2018-2027) ($MN)        
8 Global Smart Agriculture Solutions Market Outlook, By Component (2018-2027) ($MN)        
9 Global Smart Agriculture Solutions Market Outlook, By Software (2018-2027) ($MN)        
10 Global Smart Agriculture Solutions Market Outlook, By Hardware (2018-2027) ($MN)        
11 Global Smart Agriculture Solutions Market Outlook, By Smart Detection System (2018-2027) ($MN)        
12 Global Smart Agriculture Solutions Market Outlook, By Drones (2018-2027) ($MN)        
13 Global Smart Agriculture Solutions Market Outlook, By GPS Enabled Ranging Systems (2018-2027) ($MN)        
14 Global Smart Agriculture Solutions Market Outlook, By Sensor Monitoring System (2018-2027) ($MN)        
15 Global Smart Agriculture Solutions Market Outlook, By Services (2018-2027) ($MN)        
16 Global Smart Agriculture Solutions Market Outlook, By Supply Chain Management Services (2018-2027) ($MN)        
17 Global Smart Agriculture Solutions Market Outlook, By Climate Information Services (2018-2027) ($MN)        
18 Global Smart Agriculture Solutions Market Outlook, By Other Services       (2018-2027) ($MN)        
19 Global Smart Agriculture Solutions Market Outlook, By Product Type (2018-2027) ($MN)        
20 Global Smart Agriculture Solutions Market Outlook, By Lighting (2018-2027) ($MN)        
21 Global Smart Agriculture Solutions Market Outlook, By LED Lighting Network (2018-2027) ($MN)        
22 Global Smart Agriculture Solutions Market Outlook, By Sensors (2018-2027) ($MN)        
23 Global Smart Agriculture Solutions Market Outlook, By Wireless Sensors (2018-2027) ($MN)        
24 Global Smart Agriculture Solutions Market Outlook, By Wireless Switches and Dimmers (2018-2027) ($MN)        
25 Global Smart Agriculture Solutions Market Outlook, By Other Product Types (2018-2027) ($MN)        
26 Global Smart Agriculture Solutions Market Outlook, By Gateway (2018-2027) ($MN)        
27 Global Smart Agriculture Solutions Market Outlook, By Cable and Harness (2018-2027) ($MN)        
28 Global Smart Agriculture Solutions Market Outlook, By Wi-fi Router (2018-2027) ($MN)        
29 Global Smart Agriculture Solutions Market Outlook, By Application (2018-2027) ($MN)        
30 Global Smart Agriculture Solutions Market Outlook, By Precision Farming (2018-2027) ($MN)        
31 Global Smart Agriculture Solutions Market Outlook, By Livestock Monitoring (2018-2027) ($MN)        
32 Global Smart Agriculture Solutions Market Outlook, By Fish Farming (2018-2027) ($MN)        
33 Global Smart Agriculture Solutions Market Outlook, By Smart Greenhouses (2018-2027) ($MN)        
34 Global Smart Agriculture Solutions Market Outlook, By Horizontal Farming (2018-2027) ($MN)        
35 Global Smart Agriculture Solutions Market Outlook, By Vertical Farming (2018-2027) ($MN)        
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.   

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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