Smart Farming Market Size Analysis, Industry Outlook, & Region Forecast till 2027
Emergen Research Logo
Increasing pressure on the global food supply chain due to the fast-growing population is driving the demand for the market.
VANCOUVER, BC, UNITED STATES, May 17, 2022 /EINPresswire.com/ -- The global Smart Farming Market is expected to reach USD 24.76 Billion by 2027, according to a new report by Emergen Research. The smart farming industry is projected to be powered by factors such as steady population growth, low supply of cultivable land, subsidies from the government, and demand for new and high-quality food. An increasing population is making farmers face tremendous pressure to increase crop production either by making more land available to grow crops or by implementing newer techniques, such as smart farming and vertical farming. Modern farming methods face numerous obstacles, such as climate change, high labor costs. These drawbacks can be overcome by using technologies such as indoor LED farming, which creates a nature-like condition to help farmers meet the increasing demand for food. In addition, it is projected that consumerโs growing preference for healthy and fresh foods would drive demand growth over the forecast period.
Smart farming ensures high returns for the farmers when used to its potential. It aids in negating the side effects on the crops by the collection of geospatial data of livestock, soil, plants, and others. A rise in the adoption of livestock monitoring solutions in developing countries is propelling the growth of the market.
๐๐ฅ๐๐ข๐ฆ ๐๐จ๐ฎ๐ซ ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ@ https://www.emergenresearch.com/request-sample/2
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
๐๐๐ฒ ๐ฉ๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ include Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.
๐๐จ๐ฆ๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
Increased adoption in the automation and control systems, such as GNSS/GPS receivers, guidance, and steering systems, irrigation controllers, has created a demand for the smart farming practice. A surge in the deployment of artificial intelligence and IoT has driven driving the demand for the hardware in the offering segment.
Precision Farming is swiftly gaining popularity among farmers due to the increasing need for optimum production with the given resources. Further, the changing weather patterns due to increasing global warming have necessitated the adoption of advanced technologies to enhance productivity and crop yield.
Smart greenhouses, equipped with communication technologies and modern sensors, capture and deliver information on the crops and surrounding 24/7. The collected data helps in removing abnormalities and bottlenecks.
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Smart Farming industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
๐๐จ ๐ ๐๐ญ ๐ฅ๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐๐๐ฅ๐จ๐ฐ: https://www.emergenresearch.com/industry-report/smart-farming-market
Emergen Research has segmented the global Smart Farming Market on the basis of farming type, offerings, application, and region:
Farming Type Outlook (Revenue, USD Billion; 2017-2027)
Precision farming
Livestock monitoring
Smart greenhouse
Others
Offerings Outlook (Revenue, USD Billion; 2017-2027)
Hardware
Software
Services
Application Outlook (Revenue, USD Billion; 2017-2027)
Precision Farming Application
Livestock Monitoring Application
Precision Aquaculture Application
Smart Greenhouse Application
Precision Forestry Application
Others
The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐๐ฎ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐๐ฌ:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ @: https://www.emergenresearch.com/request-for-customization/2ย ย
๐๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
Study of the global Smart Farming market size by key regions, types, and applications with reference to historical data (2017-2027) and forecast (2017-2027)
Industrial structure analysis of the Smart Farming market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Smart Farming market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Farming market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
๐๐จ๐จ๐ค ๐๐ฏ๐๐ซ ๐ญ๐ซ๐๐ง๐ฌ๐๐ซ๐ข๐ฉ๐ญ๐ฌ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐๐ฒ ๐๐ฆ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก:
Big Data Analytics in Manufacturing Market
Next-Generation Biomanufacturing Market
Deep Learning Chip Market
Vehicle-to-Everything (V2X) Market
Big Data Analytics in BFSI Market
Structured Cabling Market
Deep Learning System Market
Biometric-as-a-Service Market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Eric Lee
Emergen Research
+91 90210 91709
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.
