The Smart Agriculture Market
  • Published Date: Aug-2021
  • |
  • 180 Pages
  • |
  • Report ID: AT1515

The Smart Agriculture Market

The Smart Agriculture Market is expected to grow from USD 13.9 billion in 2020 to USD 20.8 billion by 2026 at a CAGR of 10.1% from 2020 to 2026.

  • Report Description
  • Table of Content
  • Segmentation
  • Companies
  • News

Smart agriculture is a concept emphasized on offering the agricultural industry with the infrastructure to leverage advanced technology. Additionally, connected technologies such as Zigbee, WiFi, additional wireless sensor and low power wide area network technology are few of the different technologies which assist farmers efficiently execute various agriculture operations such as purchasing, harvesting, planting and inventory control. Moreover, the increase in adoption of IoT and artificial intelligence by farmers help monitor the crop field and automate the irrigation process. The enormous growth of the global smart agriculture market is mainly ascribed to rising application of remote sensing, GIS, VRT, guidance technology and GPS in smart agriculture for improving the productivity. In the recent years, farm operating expenses are very high; hence, farmers are deploying technologies which will reduce their dependency on farmers and labors. Technologies which include agricultural drones with cameras are highly used for applications such as spraying, weeding, harvesting and pruning of farmlands. These types of advancements in smart agriculture are creating awareness among farmers to adopt smart agriculture technologies and therefore fueling the market growth. Furthermore, the governments across the world are joining hands with several different agro-processing organizations, food & beverages manufacturers and financial institutions for the growth of considerable agriculture initiatives. These initiatives aim at rising efficiency of the farmers, their productivity and offer more food security. In addition, the collaboration between public-private firms in the developing nations such as China, India, and Brazil have created more revenue opportunity for the farmers, which fuels the growth of the smart agriculture market. Moreover, several agriculture industries are collaborating with various European governments for implementing advance technology such as IoT and machine learning to allow farmers to efficiently plan and execute several agricultural operations. Therefore, is creating a lucrative opportunity for the market growth. On the other hand, one of the key factors which restrict the growth of smart agriculture is the heavy investment needed for deployment of different components in the agriculture.

The rising adoption of smartphones with software and hardware devices applications may create immense opportunities for the market in the future. Also, faster availability of smart farming applications (apps) for monitoring weather and climate conditions in low cost are some of the factors which are anticipated to increase the demand for climate smart agriculture market.

The global Smart Agriculture Market is segregated on the basis of Agriculture Type as Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse and Others. Based on Offering the global Smart Agriculture Market is segmented in Hardware, Software and Services. Based on Application the global Smart Agriculture Market is segmented in Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse and Others. Based on Farm Size the global Smart Agriculture Market is segmented in Small, Medium and Large.

The global Smart Agriculture Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Smart Agriculture Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Ag Leader Technology, AGCO Corporation, AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc. and others are among the major players in the global Smart Agriculture Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

  • In January 2021, John Deere made major advancements to its flagship digital product, the Operations Center, by including a new Work Planner feature enabling farmers to streamline their work setup experience and help operators work faster in the field. It offers farmers with a holistic tool to handle their farms, set up, plan, monitor fieldwork, and analyze their data.
  • In November 2020, John Deere introduced the new AutoPath, a new precision agriculture application which uses data gathered from the first pass in the field to establish accurate row guidance for all subsequent field passes, despite of the machine type or width of the equipment. AutoPath is incorporated in the John Deere Generation 4 Automation Bundle and is available for the 4600 Command Center Integrated Display or the 4640 Universal Display.

The global Smart Agriculture Market has been segmented as below:

Smart Agriculture Market, By Agriculture Type

  • Precision Farming
  • Livestock Monitoring
  • Precision Aquaculture
  • Precision Forestry
  • Smart Greenhouse
  • Others

Smart Agriculture Market, By Offering

  • Hardware
  • Software
  • Services

Smart Agriculture Market, By Application

  • Precision Farming
  • Livestock Monitoring
  • Precision Aquaculture
  • Precision Forestry
  • Smart Greenhouse
  • Others

Smart Agriculture Market, By Farm Size

  • Small
  • Medium
  • Large

Smart Agriculture Market, By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

Smart Agriculture Market, By Company

  • Ag Leader Technology
  • AGCO Corporation
  • AgJunction, Inc.
  • AgEagle Aerial Systems Inc.
  • Autonomous Solutions, Inc.
  • Argus Control Systems Ltd
  • BouMatic Robotic B.V.
  • CropMetrics
  • CLAAS KGaA mbH
  • CropZilla
  • Deere & Company
  • DICKEY-john
  • DroneDeploy
  • DeLaval Inc.
  • Farmers Edge Inc.
  • Grownetics, Inc.
  • Granular, Inc.
  • Gamaya
  • GEA Group Aktiengesellschaft
  • Raven Industries
  • SST Development Group, Inc.

The report covers the below scope:

  • Global Smart Agriculture Market sizes from 2020 to 2026, along with CAGR for 2020-2026
  • Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
  • Global Smart Agriculture Market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Agriculture Market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2019
  • Projected year - 2020
  • Forecast period - 2021 to 2026

Report Scope:

The global Smart Agriculture Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Agriculture Market share. Major industry players with significant revenue share include Ag Leader Technology, AGCO Corporation, AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc. and others.

Why to Buy this Report:

  • Gain detailed insights on the Smart Agriculture industry trends
  • Find complete analysis on the market status
  • Identify the Smart Agriculture Market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

  • The report targeted towards the existing players in the industry is as follows:
  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement


1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Smart Agriculture Market, By Agriculture Type

5.1.      Key Points

5.2.  Precision Farming

5.3.  Livestock Monitoring

5.4.  Precision Aquaculture

5.5.  Precision Forestry

5.6.  Smart Greenhouse

5.7.  Others

6.    Smart Agriculture Market, By Offering

6.1.      Key Points

6.2. Hardware

6.3. Software

6.4. Services

7.     Smart Agriculture Market, By Application

7.1.      Key Points

7.2.  Precision Farming

7.3.  Livestock Monitoring

7.4.  Precision Aquaculture

7.5.  Precision Forestry

7.6.  Smart Greenhouse

7.7.  Others

8.    Smart Agriculture Market, By Farm Size

8.1.      Key Points

8.2. Small

8.3. Medium

8.4. Large

9.    Competitive Landscape

9.1.      Introduction

9.2.     Start-up companies- Smart Agriculture Market

9.3.     Recent Developments

9.3.1.     Mergers & Acquisitions

9.3.2.    New Product Developments

9.3.3.    Portfolio/Production Capacity Expansions

9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

9.3.5.     Others

10.            Company Profile

10.1.     Ag Leader Technology

10.2.    AGCO Corporation

10.3.    AgJunction, Inc.

10.4.    AgEagle Aerial Systems Inc.

10.5.    Autonomous Solutions, Inc.

10.6.    Argus Control Systems Ltd

10.7.     BouMatic Robotic B.V.

10.8.    CropMetrics

10.9.    CLAAS KGaA mbH

10.10.CropZilla

10.11.  Deere & Company

10.12. DICKEY-john

10.13. DroneDeploy

10.14. DeLaval Inc.

10.15. Farmers Edge Inc.

10.16. Grownetics, Inc.

10.17. Granular, Inc.

10.18.Gamaya

10.19. GEA Group Aktiengesellschaft

10.20.    Raven Industries

10.21. SST Development Group, Inc.


Smart Agriculture Market, By Agriculture Type

  • Precision Farming
  • Livestock Monitoring
  • Precision Aquaculture
  • Precision Forestry
  • Smart Greenhouse
  • Others

Smart Agriculture Market, By Offering

  • Hardware
  • Software
  • Services

Smart Agriculture Market, By Application

  • Precision Farming
  • Livestock Monitoring
  • Precision Aquaculture
  • Precision Forestry
  • Smart Greenhouse
  • Others

Smart Agriculture Market, By Farm Size

  • Small
  • Medium
  • Large

Smart Agriculture Market, By Company

  • Ag Leader Technology
  • AGCO Corporation
  • AgJunction, Inc.
  • AgEagle Aerial Systems Inc.
  • Autonomous Solutions, Inc.
  • Argus Control Systems Ltd
  • BouMatic Robotic B.V.
  • CropMetrics
  • CLAAS KGaA mbH
  • CropZilla
  • Deere & Company
  • DICKEY-john
  • DroneDeploy
  • DeLaval Inc.
  • Farmers Edge Inc.
  • Grownetics, Inc.
  • Granular, Inc.
  • Gamaya
  • GEA Group Aktiengesellschaft
  • Raven Industries
  • SST Development Group, Inc.

License Options

  • Single 1500 USD
  • Multiple 3000 USD