Smart Agriculture Market – Global Forecast To 2029
스마트 농업 시장 – 정밀 농업, 가축 모니터링, 정밀 수산 양식, 온클라우드, 온프레미스, 시스템 통합 및 컨설팅, 수확 관리, HVAC 관리, 물 및 비료 관리 – 2029년까지의 세계 예측
Smart Agriculture Market by Precision Farming, Livestock Monitoring, Precision Aquaculture, On-Cloud, On-Premises, System Integration & Consulting, Harvesting Management, HVAC Management and Water and Fertilizer Management – Global Forecast to 2029
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2024년12월 |
| 페이지 수 | 296 |
| 도표 수 | 281 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
Report Overview
The smart agriculture market is expected to reach USD 23.38 billion by 2029 from USD 14.40 billion in 2024, at a CAGR of 10.2% during the 2024-2029 period.
스마트 농업 시장은 2024년 144억 달러에서 2029년까지 233억 8000만 달러에 이르렀으며, 2024년부터 2029년까지의 CAGR은 10.2%가 될 것으로 예상됩니다.
“The growing emphasis on sustainable practices is propelling the expansion of the smart agriculture market.”
Market growth in smart agriculture is driven by increased need for sustainable agricultural practices. As these technologies deliver fundamental tools that lessen environmental impact and maintain higher productivity. Smart agriculture thus empowers the farmers to use their resources better through data-driven decisions which reduces any wastage or inefficiency. IOT sensors, Al analytics, and automated machinery deliver a sustainable approach towards farming in various crop conditions as they can be monitored and regulated in real-time. This accuracy produces enhanced yields with minimum resources, while maintaining soil health and biodiversity. Due to the growing awareness of sustainability across the world, these benefits make smart agriculture an important investment for both environmental and ecological issues.
“Livestock monitoring is expected to register the highest CAGR during the forecast period”
Livestock monitoring plays a crucial role in modern animal husbandry, focusing on enhancing the health, productivity, and welfare of farm animals. By employing various technologies and techniques, livestock monitoring enables farmers to collect, analyze, and interpret data related to animal behavior, health, and performance. This data-driven approach helps farmers make informed decisions regarding animal management practices. A key tool in livestock monitoring is wearable devices, such as collars or ear tags, which are equipped with sensors that track vital parameters like movement, temperature, and other physiological data of individual animals. These devices provide real-time monitoring, allowing farmers to stay informed about the health and well-being of their animals. Therefore, livestock monitoring application is expected to register the highest CAGR during the forecast period
“Asia Pacific is projected to grow at the highest CAGR during the forecast period”
The Asia Pacific region is expected to grow at the highest CAGR during the forecast period in the smart agriculture market. The rising adoption of technologies such as variable rate systems, smart irrigation controllers, and Al-powered farm analytics services is a major growth driver in this region. Moreover, the growing demand for automation in livestock and aquaculture farming across the region is anticipated to further enhance the market. Increasing animal numbers and the need for more meat products in places such as China, Australia, India, and Japan further catalyzes regional growth. The growing knowledge among farm owners about the benefits of smart agricultural technologies, such as faster responses, reliability, and cost efficiency, will further boost demand for such solutions in the Asia Pacific.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the smart agriculture market.
The break-up of the profile of primary participants in the smart agriculture market-
- By Company Type: Tier 1 – 40%, Tier 2 – 40%, Tier 3 – 20%
- By Designation Type: Directors – 40%, Managers – 40%, Others – 20%
- By Region Type: Americas – 40%, Europe –20 %, Asia Pacific– 30%, RoW – 10%,
The major players in the smart agriculture market are Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Topcon (US), DeLaval (Sweden), AKVA Group (Norway), Allflex Livestock Intelligence (MSD Animal Health), Innovasea Systems Inc. (US), Afimilk Ltd. (Israel), Heliospectra (Sweden), Ponsse Oyj (Finland), Komatsu Forest (Sweden), ScaleAQ (Norway), Tigercat International Inc. (Canada), Ag Leader Technology (US), Certhon, Nedap N.V. (Netherlands), Argus Control Systems Limited (Canada), DAIRYMASTER (Ireland), DICKEY-john (US), ABACO S.P.A. (Italy), TeeJet Technologies (US), Fancom BV (Netherlands), Sensaphone (US), BouMatic (US), and CeresAI (US).
Research Coverage
This report has categorized the smart agriculture market by agriculture type (precision farming, precision forestry, livestock monitoring, precision aquaculture, smart greenhouse, other agriculture types), offering (hardware, software, services), farm size (small, medium, and large), application (precision farming, precision forestry, livestock monitoring, precision aquaculture, smart greenhouse, other applications), and region (Americas, Europe, Asia Pacific, RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart agriculture market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; collaborations, partnerships, agreements, contracts, product launches, product developments, joint ventures, sales partnerships, acquisitions, and recent developments associated with the smart agriculture market. Competitive analysis of upcoming startups in the smart agriculture market ecosystem is covered in this report
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall smart agriculture market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the objectives of the market and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (The growing emphasis on sustainable practices is propelling the expansion of the smart agriculture market), restraints (interoperability issues due to absence of standardization and protocols), opportunities (accelerating investments and initiatives towards smart agriculture), and challenges (presence of security and privacy risks)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches, and product developments in the smart agriculture market
- Market Development: Comprehensive information about lucrative markets – the report analyses the smart agriculture market across varied regions.
- Market Diversification: Detailed information about new products, untapped geographies, recent developments, and investments in the smart agriculture market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Topcon (US), DeLaval (Sweden).
Table of Contents
1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 31
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 31
1.3.2 INCLUSIONS AND EXCLUSIONS, BY COMPANY 31
1.3.3 INCLUSIONS AND EXCLUSIONS, BY AGRICULTURE TYPE 32
1.3.4 INCLUSIONS AND EXCLUSIONS, BY OFFERING 32
1.3.5 INCLUSIONS AND EXCLUSIONS, BY FARM SIZE 32
1.3.6 INCLUSIONS AND EXCLUSIONS, BY APPLICATION 32
1.3.7 INCLUSIONS AND EXCLUSIONS, BY REGION 33
1.3.8 YEARS CONSIDERED 33
1.4 CURRENCY 33
1.5 UNITS CONSIDERED 34
1.6 LIMITATIONS 34
1.7 STAKEHOLDERS 34
1.8 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH APPROACH 35
2.1.1 SECONDARY DATA 36
2.1.1.1 Major secondary sources 37
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary interviews with experts 38
2.1.2.2 List of key primary interview participants 38
2.1.2.3 Breakdown of primaries 38
2.1.2.4 Key data from primary sources 39
2.1.2.5 Key industry insights 40
2.1.3 SECONDARY AND PRIMARY RESEARCH 40
2.2 MARKET SIZE ESTIMATION 41
2.2.1 BOTTOM-UP APPROACH 41
2.2.1.1 Approach to obtain market size using bottom-up analysis
(demand side) 41
2.2.2 TOP-DOWN APPROACH 42
2.2.2.1 Approach to obtain market size using top-down analysis (supply side) 42
2.3 FACTOR ANALYSIS 43
2.3.1 SUPPLY-SIDE ANALYSIS 43
2.3.2 GROWTH FORECAST ASSUMPTIONS 44
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 45
2.5 RESEARCH ASSUMPTIONS 46
2.6 RISK ASSESSMENT 47
3 EXECUTIVE SUMMARY 48
4 PREMIUM INSIGHTS 52
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SMART AGRICULTURE MARKET 52
4.2 SMART AGRICULTURE MARKET, BY APPLICATION 52
4.3 SMART AGRICULTURE MARKET, BY FARM SIZE 53
4.4 SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE 53
4.5 SMART AGRICULTURE MARKET, BY OFFERING 54
4.6 SMART AGRICULTURE MARKET IN AMERICAS, BY AGRICULTURE TYPE AND COUNTRY, 2024 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 56
5.2.1.1 Growing pressure on food supply chain 56
5.2.1.2 Accelerating demand for IoT and AI-based systems 56
5.2.1.3 Surging demand for sustainable practices 57
5.2.2 RESTRAINTS 58
5.2.2.1 Interoperability issues due to lack of standardization and protocols 58
5.2.2.2 High initial cost 59
5.2.2.3 Connectivity and infrastructure limitations 59
5.2.3 OPPORTUNITIES 60
5.2.3.1 Increasing integration of drones and robotic systems 60
5.2.3.2 Surging investment and initiatives towards smart agriculture 61
5.2.4 CHALLENGES 62
5.2.4.1 Lack of digital literacy 62
5.2.4.2 Security and privacy infringement 62
5.3 VALUE CHAIN ANALYSIS 64
5.4 ECOSYSTEM ANALYSIS 66
5.5 INVESTMENT AND FUNDING SCENARIO 68
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 68
5.7 TECHNOLOGY ANALYSIS 69
5.7.1 KEY TECHNOLOGIES 69
5.7.1.1 Internet of Things (IoT) 69
5.7.1.2 M2M solutions 69
5.7.1.3 Robotics 70
5.7.1.4 Artificial Intelligence (AI) 70
5.7.1.5 Blockchain 71
5.7.2 COMPLEMENTARY TECHNOLOGIES 71
5.7.2.1 Robotic cages 71
5.7.2.2 Underwater drones 71
5.7.2.3 Telematics integration with forest mechanization 72
5.7.3 ADJACENT TECHNOLOGIES 72
5.7.3.1 LiDAR-fitted UAVs 72
5.8 PRICING ANALYSIS 73
5.8.1 AVERAGE SELLING PRICE OF KEY PLAYERS 73
5.8.2 AVERAGE SELLING PRICE TREND OF SMART AGRICULTURE SYSTEMS,
BY OFFERING 74
5.8.3 AVERAGE SELLING PRICE TREND OF SMART AGRICULTURE SYSTEMS,
BY REGION 75
5.9 KEY STAKEHOLDERS & BUYING CRITERIA 76
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 76
5.9.2 BUYING CRITERIA 77
5.10 PORTER’S FIVE FORCES ANALYSIS 78
5.10.1 THREAT OF NEW ENTRANTS 79
5.10.2 THREAT OF SUBSTITUTES 79
5.10.3 BARGAINING POWER OF SUPPLIERS 79
5.10.4 BARGAINING POWER OF BUYERS 79
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 79
5.11 IMPACT OF AI/GEN AI ON SMART AGRICULTURE MARKET 79
5.12 CASE STUDIES 81
5.12.1 ADOPTION OF INNOVASEA SYSTEM’S TURN-KEY SOLUTION HELPED ESTABLISH OPEN BLUE’S OPEN-OCEAN FISH FARM 81
5.12.2 INNOVASEA SYSTEM DEVELOPED EVOLUTION PEN FOR EARTH OCEAN FARMS TO RESOLVE SEASONAL CHALLENGES 81
5.12.3 PHILIPS LIGHTING AND LEROY SEAFOOD DEVELOPED INTELLIGENT LED LIGHTING SOLUTION FOR NORWAY’S SALMON INDUSTRY 82
5.12.4 AKVA GROUP PROVIDED AQUACULTURE PRODUCTS TO ERKO SEAFOOD TO SUPPORT SALMON AND TROUT PRODUCTION 82
5.13 TRADE ANALYSIS 83
5.13.1 IMPORT SCENARIO (HS CODE 8432) 83
5.13.2 EXPORT SCENARIO (HS CODE 8432) 84
5.14 PATENT ANALYSIS 84
5.15 REGULATORY LANDSCAPE 87
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
5.15.2 STANDARDS 89
5.16 KEY CONFERENCES & EVENTS, 2024−2025 90
6 CONNECTING TECHNOLOGIES USED IN SMART AGRICULTURE 91
6.1 INTRODUCTION 91
6.2 INTERNET OF THINGS (IOT) 91
6.3 CELLULAR IOT 91
6.3.1 LTE-M 91
6.3.2 NB-IOT 92
6.4 LORA 92
6.5 GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS) 92
7 SMART AGRICULTURE MARKET, BY FARM SIZE 93
7.1 INTRODUCTION 94
7.2 LARGE FARMS 96
7.2.1 GROWING DEPENDENCE ON HIRED LABOR FOR OPERATIONAL MANAGEMENT 96
7.3 MEDIUM FARMS 97
7.3.1 SURGING NEED TO LOWER LABOR COSTS AND IMPROVE PRODUCTIVITY 97
7.4 SMALL FARMS 98
7.4.1 SMALL FARMS IN ASIA PACIFIC REGION INCREASINGLY ADOPTING ADVANCED TECHNOLOGIES FOR FARMING 98
8 SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE 99
8.1 INTRODUCTION 100
8.2 PRECISION FARMING 101
8.2.1 RISING DEMAND FOR HIGHER FARM EFFICIENCY AND INCREASE IN CROP PRODUCTIVITY 101
8.3 LIVESTOCK MONITORING 110
8.3.1 DEMAND FOR CUTTING-EDGE TECHNOLOGIES AND TOOLS GROWING TO ENHANCE PRODUCTIVITY AND PROFITABILITY IN DAIRY FARMING 110
8.4 PRECISION AQUACULTURE 114
8.4.1 INCREASING INTEGRATION OF SMART TECHNOLOGIES TO MONITOR AQUAFARMS 114
8.4.2 SMART FEEDING SYSTEMS 115
8.4.3 MONITORING AND CONTROL SYSTEMS 115
8.4.4 UNDERWATER REMOTELY OPERATED VEHICLES 115
8.5 PRECISION FORESTRY 118
8.5.1 GROWING NEED TO GATHER REAL-TIME INFORMATION FOR DECISION-MAKING TO DRIVE MARKET 118
8.6 SMART GREENHOUSE 122
8.6.1 SURGING NEED TO IMPROVE OPERATIONS USING WIRED AND WIRELESS TECHNOLOGIES 122
8.7 OTHER AGRICULTURE TYPES 126
9 SMART AGRICULTURE MARKET, BY OFFERING 130
9.1 INTRODUCTION 131
9.2 HARDWARE 132
9.2.1 PRECISION FARMING HARDWARE 133
9.2.1.1 Growing availability of precision farming tools to fuel demand 133
9.2.1.2 Automation & control systems 133
9.2.1.2.1 Drones/UAVs 133
9.2.1.2.1.1 Growing need for significant cost savings and accurate data for VRT applications to drive demand 133
9.2.1.2.2 Irrigation controllers 134
9.2.1.2.2.1 Increasing need to improve efficiency, reduce energy consumption, and maximize crop productivity to support market growth 134
9.2.1.2.3 GPS/GNSS devices 135
9.2.1.2.3.1 Accelerating need to resolve poor visibility conditions to increase demand 135
9.2.1.2.4 Flow and application control devices 135
9.2.1.2.4.1 Helps eliminate overlap and double coverage, saves inputs, and promotes efficiency 135
9.2.1.2.5 Guidance and steering systems 136
9.2.1.2.5.1 Helps reduce overlap and inward drift 136
9.2.1.2.6 Handheld mobile devices/handheld computers 136
9.2.1.2.6.1 Rising need for collection of field records, soil nutrient data, and soil moisture information to increase adoption 136
9.2.1.2.7 Displays 136
9.2.1.2.7.1 Surging need for farmers to view farm-related information in real time 136
9.2.1.2.8 Others 137
9.2.1.3 Sensing & monitoring devices 137
9.2.1.3.1 Yield monitors 137
9.2.1.3.1.1 Rising need to collect real-time data on crop yields 137
9.2.1.3.2 Soil sensors 137
9.2.1.3.2.1 Rising need to provide real-time data on various soil properties to drive market 137
9.2.1.3.3 Nutrient sensors 138
9.2.1.3.3.1 Increasing need to measure levels of essential plant nutrients 138
9.2.1.3.4 Moisture sensors 138
9.2.1.3.4.1 Accelerating demand for moisture sensors to manage irrigation systems more efficiently 138
9.2.1.3.5 Temperature sensors 138
9.2.1.3.5.1 Temperature sensors used to make sowing decisions and check soil sustainability for planting 138
9.2.1.4 Water sensors 139
9.2.1.4.1 Assist farmers in determining most efficient and effective times to water crops 139
9.2.1.5 Climate sensors 139
9.2.1.5.1 Rising need to monitor and record climate changes to drive demand 139
9.2.1.6 Other sensors 139
9.2.2 LIVESTOCK MONITORING HARDWARE 139
9.2.2.1 Increasing demand for efficient resource management, livestock tracking, and devising and managing feeding and milking plans 139
9.2.2.2 RFID tags & readers 140
9.2.2.2.1 Growing need to track and monitor livestock, crops, and farm assets to drive demand 140
9.2.2.3 Sensors 140
9.2.2.3.1 Growing demand for enhanced livestock monitoring applications 140
9.2.2.4 Transmitters & mounting equipment 140
9.2.2.4.1 Enables owners to observe animals’ behavior through video feed 140
9.2.2.5 GPS 141
9.2.2.5.1 Rising need for aid in animal management to drive market 141
9.2.2.6 Others 141
9.2.3 PRECISION FORESTRY HARDWARE 141
9.2.3.1 Rising need to optimize efficiency and accuracy of forest management operations 141
9.2.3.2 Harvesters & forwarders 141
9.2.3.2.1 Surging importance for precision forestry operations to fuel market growth 141
9.2.3.3 UAVs/Drones 142
9.2.3.3.1 Rising need for planting trees and reducing associated costs 142
9.2.3.4 GPS 142
9.2.3.4.1 Rising demand for site-specific tree management with high precision 142
9.2.3.5 Cameras 143
9.2.3.5.1 Growing need to monitor trees in forests to drive demand 143
9.2.3.6 Sensors & RFID tags 143
9.2.3.6.1 Rising number of illegal cutting and smuggling of trees 143
9.2.3.7 Variable rate controllers 143
9.2.3.7.1 Rising adoption in application of herbicides and fertilizers 143
9.2.3.8 Others 144
9.2.4 PRECISION AQUACULTURE HARDWARE 144
9.2.4.1 Surging need for effective management of aquaculture farms 144
9.2.4.2 Monitoring devices 144
9.2.4.2.1 Increasing need for aquatic farm efficiency and productivity 144
9.2.4.2.2 Temperature and environmental monitoring devices 144
9.2.4.2.3 pH and dissolved oxygen sensors 145
9.2.4.2.4 Others 145
9.2.4.3 Camera systems 145
9.2.4.3.1 Rising demand to monitor feeding response, feeding rate, and fish behavior 145
9.2.4.4 Control systems 145
9.2.4.4.1 Need for comprehensive control over aquaculture operations to drive demand 145
9.2.4.5 Others 145
9.2.5 SMART GREENHOUSE HARDWARE 146
9.2.5.1 Increasing need to improve plant growth, increase yields, and reduce waste 146
9.2.5.2 HVAC systems 146
9.2.5.2.1 Demand for improved indoor environment in smart greenhouses 146
9.2.5.3 LED grow lights 146
9.2.5.3.1 Growing use as supplemental lighting source to drive market 146
9.2.5.4 Irrigation systems 147
9.2.5.4.1 Surging adoption for proper and timely watering of each zone in greenhouses 147
9.2.5.5 Material handling equipment 147
9.2.5.5.1 Growing adoption for mechanization of greenhouses 147
9.2.5.6 Valves & pumps 147
9.2.5.6.1 Growing need to maintain optimal flow of water in greenhouses 147
9.2.5.7 Control systems 147
9.2.5.7.1 Rising need for ease in heating and cooling operations 147
9.2.5.8 Sensors & cameras 148
9.2.5.8.1 Growing need for quantitative information to guide farm owners 148
9.2.6 OTHER HARDWARE 148
9.3 SOFTWARE 148
9.3.1 ON-PREMISES SOFTWARE 150
9.3.1.1 Offers lower cost of ownership 150
9.3.2 ON-CLOUD 151
9.3.2.1 Enables shared processing of resources and data to users 151
9.3.2.2 Software-as-a-Service (SaaS) 151
9.3.2.3 Platform-as-a-Service (PaaS) 152
9.3.3 AI & DATA ANALYTICS 153
9.3.3.1 Growing need to improve harvest quality and accuracy 153
9.3.3.2 Farm management software 153
9.4 SERVICES 153
9.4.1 SYSTEM INTEGRATION AND CONSULTING SERVICES 154
9.4.1.1 Growing demand for troubleshooting and diagnosing farm management issues 154
9.4.2 MANAGED SERVICES 154
9.4.2.1 Need for suggestions to farmers to enhance production 154
9.4.2.2 Farm operation services 154
9.4.2.3 Data services 155
9.4.2.4 Analytics services 155
9.4.3 CONNECTIVITY SERVICES 155
9.4.3.1 Rising demand for proper communication between devices and end users 155
9.4.4 ASSISTED PROFESSIONAL SERVICES 156
9.4.4.1 Helps improve standards of projects to meet industry benchmarks 156
9.4.4.2 Supply chain management services 156
9.4.4.3 Climate information services 156
9.4.4.4 Other services 156
9.4.5 MAINTENANCE AND SUPPORT SERVICES 157
9.4.5.1 Growing demand for efficient farm operations to increase adoption 157
9.4.5.2 Installation and deployment services 157
10 SMART AGRICULTURE MARKET, BY APPLICATION 158
10.1 INTRODUCTION 159
10.2 PRECISION FARMING 160
10.2.1 GROWING DEMAND FOR ENHANCED AGRICULTURAL PRODUCTION 160
10.2.2 YIELD MONITORING 162
10.2.2.1 Helps maximize yields by optimizing irrigation and fertilizer application 162
10.2.2.2 On-farm yield monitoring 162
10.2.2.3 Off-farm yield monitoring 163
10.2.3 CROP SCOUTING 163
10.2.3.1 Rising demand for crop management tool for making timely decisions during harvesting 163
10.2.4 FIELD MAPPING 163
10.2.4.1 Helps farmers in decision-making related to yield production 163
10.2.4.2 Boundary mapping 164
10.2.4.3 Drainage mapping 164
10.2.5 VARIABLE RATE APPLICATION 164
10.2.5.1 Increasing need to optimize crop input for efficient farming 164
10.2.5.2 Precision irrigation 164
10.2.5.3 Precision seeding 165
10.2.5.4 Precision fertilization 165
10.2.5.5 Pesticide VRA 165
10.2.6 WEATHER TRACKING & FORECASTING 165
10.2.6.1 Rising need to take precautionary measures for farm protection from natural calamities 165
10.2.7 INVENTORY MANAGEMENT 166
10.2.7.1 Growing demand to track and organize materials, irrigation parts, and chemicals to drive market 166
10.2.8 FARM LABOR MANAGEMENT 166
10.2.8.1 Helps optimize production and manage cost 166
10.2.9 FINANCIAL MANAGEMENT 167
10.2.9.1 Financial management critical for optimum fund utilization and determining capital investment 167
10.2.10 OTHERS 167
10.3 LIVESTOCK MONITORING 167
10.3.1 NEED TO ENABLE REAL-TIME MONITORING OF HEALTH AND WELL-BEING OF ANIMALS TO DRIVE MARKET 167
10.3.2 MILK HARVESTING MANAGEMENT 169
10.3.2.1 Need to reduce labor costs and increase milking efficiency through automated milk harvesting 169
10.3.3 BREEDING MANAGEMENT 169
10.3.3.1 Breeding management necessary for enhancing long-term animal productivity 169
10.3.4 FEEDING MANAGEMENT 170
10.3.4.1 Rising need to accurately formulate animal diet to drive market 170
10.3.5 HEAT STRESS MANAGEMENT 170
10.3.5.1 Need for maintaining comfortable environment for dairy cows to drive demand 170
10.3.6 ANIMAL COMFORT MANAGEMENT 170
10.3.6.1 Increasing awareness about animal health and well-being to support market growth 170
10.3.7 BEHAVIOR MONITORING AND CONTROL 171
10.3.7.1 Rising demand for early detection of any deviations in animal behavior 171
10.3.8 OTHERS 171
10.4 PRECISION AQUACULTURE 172
10.4.1 GROWING NEED TO OPTIMIZE AQUACULTURE PRODUCTION AND MANAGEMENT 172
10.4.2 FEEDING MANAGEMENT 172
10.4.2.1 Feeding management necessary to avoid overfeeding 172
10.4.3 MONITORING, CONTROL, AND SURVEILLANCE 173
10.4.3.1 Rising need to minimize waste and environmental impact 173
10.4.4 OTHERS 173
10.5 PRECISION FORESTRY 173
10.5.1 RISING NEED TO IMPROVE SUSTAINABILITY OF FORESTRY PRACTICES 173
10.5.2 GENETICS & NURSERIES 174
10.5.2.1 Use of UAVs in seed planting revolutionizing plantation management 174
10.5.3 SILVICULTURE & FIRE MANAGEMENT 174
10.5.3.1 Rising need to minimize damage and casualties due to wildfires 174
10.5.4 HARVESTING MANAGEMENT 175
10.5.4.1 Harvesting management essential for preventing forest damage 175
10.5.5 INVENTORY & LOGISTICS MANAGEMENT 175
10.5.5.1 Need to diminish manual error and enable quick reporting and data processing 175
10.6 SMART GREENHOUSE 175
10.6.1 HVAC MANAGEMENT WIDELY ADOPTED IN SMART GREENHOUSES 175
10.6.2 HVAC MANAGEMENT 176
10.6.2.1 Need to regulate temperature for favorable plant growth to drive demand 176
10.6.3 YIELD MONITORING & HARVESTING 176
10.6.3.1 Surging need for improved efficiency and productivity of greenhouse operations 176
10.6.4 WATER & FERTILIZER MANAGEMENT 177
10.6.4.1 Need to reduce water wastage and production costs of greenhouses to drive market 177
10.6.5 OTHERS 177
10.7 OTHER APPLICATIONS 177
11 SMART AGRICULTURE MARKET, BY REGION 178
11.1 INTRODUCTION 179
11.2 AMERICAS 180
11.2.1 MACROECONOMIC OUTLOOK FOR AMERICAS 183
11.2.2 NORTH AMERICA 183
11.2.2.1 US 184
11.2.2.1.1 Increasing presence of key players to boost market growth 184
11.2.2.2 Canada 185
11.2.2.2.1 Surging government initiatives and investments to fuel market growth 185
11.2.2.3 Mexico 185
11.2.2.3.1 Government initiatives to promote use of remote sensing technology to accelerate market growth 185
11.2.3 SOUTH AMERICA 186
11.2.3.1 Brazil 187
11.2.3.1.1 Availability of large lands at low cost to propel market 187
11.2.3.2 Argentina 187
11.2.3.2.1 Increasing crop production areas to drive market growth 187
11.2.3.3 Rest of South America 187
11.3 EUROPE 187
11.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 191
11.3.2 GERMANY 191
11.3.2.1 Increasing number of livestock farms to drive market growth 191
11.3.3 UK 192
11.3.3.1 Growing innovation supporting market growth 192
11.3.4 FRANCE 192
11.3.4.1 Increasing adoption of smart agriculture technologies to drive market growth 192
11.3.5 ITALY 192
11.3.5.1 Ongoing shift toward smart farming techniques to spur market growth 192
11.3.6 NETHERLANDS 193
11.3.6.1 Rising adoption of advanced technologies for harvesting processes to fuel market growth 193
11.3.7 REST OF EUROPE 193
11.4 ASIA PACIFIC 193
11.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 196
11.4.2 CHINA 197
11.4.2.1 Government initiatives to advance agriculture sector to drive market 197
11.4.3 JAPAN 197
11.4.3.1 Labor shortage to fuel demand for smart agriculture solutions 197
11.4.4 AUSTRALIA 198
11.4.4.1 Government support and presence of research organizations to play major role in market growth 198
11.4.5 INDIA 198
11.4.5.1 Government initiatives to increase adoption of smart agriculture solutions 198
11.4.6 SOUTH KOREA 199
11.4.6.1 Rising need to produce high-value agricultural products to fuel market growth 199
11.4.7 REST OF ASIA PACIFIC 199
11.5 ROW 199
11.5.1 MACROECONOMIC OUTLOOK FOR REST OF THE WORLD 201
11.5.2 AFRICA 201
11.5.2.1 Increasing awareness among farmers to contribute to market growth 201
11.5.3 RUSSIA 202
11.5.3.1 Increasing awareness about benefits of smart agriculture to support market 202
11.5.4 MIDDLE EAST 202
11.5.4.1 Developments in big data analytics and cloud-computing platforms to support market growth 202
11.5.4.2 GCC countries 203
11.5.4.2.1 Growing adoption of smart irrigation systems driving market growth 203
11.5.4.3 Rest of Middle East 203
11.5.4.3.1 Escalating demand for food, water, and energy to fuel market growth 203
12 COMPETITIVE LANDSCAPE 204
12.1 INTRODUCTION 204
12.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2020−2024 204
12.3 REVENUE ANALYSIS 206
12.4 MARKET SHARE ANALYSIS, 2023 206
12.5 COMPANY VALUATION AND FINANCIAL METRICS 208
12.6 BRAND/PRODUCT COMPARISON 209
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 210
12.7.1 STARS 210
12.7.2 EMERGING LEADERS 210
12.7.3 PERVASIVE PLAYERS 210
12.7.4 PARTICIPANTS 210
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 212
12.7.5.1 Company footprint 212
12.7.5.2 Region footprint 213
12.7.5.3 Offering footprint 214
12.7.5.4 Application footprint 215
12.7.5.5 Agriculture type footprint 216
12.8 COMPETITIVE EVALUATION MATRIX: STARTUPS/SMES, 2023 217
12.8.1 PROGRESSIVE COMPANIES 217
12.8.2 RESPONSIVE COMPANIES 217
12.8.3 DYNAMIC COMPANIES 217
12.8.4 STARTING BLOCKS 218
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 219
12.8.5.1 Detailed list of startups/SMEs 219
12.8.5.2 Competitive benchmarking for startups/SMEs 220
12.9 COMPETITIVE SITUATION AND TRENDS 221
12.9.1 PRODUCT LAUNCHES, PRODUCT DEVELOPMENTS, AND BRAND LAUNCHES 221
12.9.2 DEALS 224
12.9.3 EXPANSIONS 228
12.9.4 OTHERS 229
13 COMPANY PROFILES 230
13.1 INTRODUCTION 230
13.2 KEY PLAYERS 230
13.2.1 DEERE & COMPANY 230
13.2.1.1 Business overview 230
13.2.1.2 Products offered 232
13.2.1.3 Recent developments 233
13.2.1.3.1 Product launches/developments 233
13.2.1.3.2 Deals 233
13.2.1.3.3 Expansions 234
13.2.1.4 MnM view 234
13.2.1.4.1 Key strengths 234
13.2.1.4.2 Strategic choices 234
13.2.1.4.3 Weaknesses and competitive threats 234
13.2.2 TRIMBLE INC. 235
13.2.2.1 Business overview 235
13.2.2.2 Products offered 236
13.2.2.3 Recent developments 239
13.2.2.3.1 Product launches/developments 239
13.2.2.4 Deals 239
13.2.2.5 MnM view 240
13.2.2.5.1 Key strengths 240
13.2.2.5.2 Strategic choices 240
13.2.2.5.3 Weaknesses and competitive threats 240
13.2.3 AGCO CORPORATION 241
13.2.3.1 Business overview 241
13.2.3.2 Products offered 242
13.2.3.3 Recent developments 244
13.2.3.3.1 Product launches/developments 244
13.2.3.3.2 Deals 244
13.2.3.4 MnM view 245
13.2.3.4.1 Key strengths 245
13.2.3.4.2 Strategic choices 245
13.2.3.4.3 Weaknesses and competitive threats 245
13.2.4 TOPCON 246
13.2.4.1 Business overview 246
13.2.4.2 Products offered 246
13.2.4.3 Recent developments 249
13.2.4.3.1 Deals 249
13.2.4.4 MnM view 249
13.2.4.4.1 Key strengths 249
13.2.4.4.2 Strategic choices 249
13.2.4.4.3 Weaknesses and competitive threats 249
13.2.5 DELAVAL 250
13.2.5.1 Business overview 250
13.2.5.2 Products offered 251
13.2.5.3 Recent developments 252
13.2.5.3.1 Product launches/developments 252
13.2.5.3.2 Deals 253
13.2.5.4 MnM view 253
13.2.5.4.1 Key strengths 253
13.2.5.4.2 Strategic choices 253
13.2.5.4.3 Weaknesses and competitive threats 253
13.2.6 AKVA GROUP 254
13.2.6.1 Business overview 254
13.2.6.2 Products offered 255
13.2.6.3 Recent developments 257
13.2.6.3.1 Deals 257
13.2.6.3.2 Expansions 258
13.2.6.3.3 Others 258
13.2.7 ALLFLEX LIVESTOCK INTELLIGENCE (MSD ANIMAL HEALTH) 259
13.2.7.1 Business overview 259
13.2.7.2 Products offered 259
13.2.7.3 Recent developments 261
13.2.7.3.1 Product launches/developments 261
13.2.7.3.2 Deals 261
13.2.8 INNOVASEA SYSTEMS INC. 262
13.2.8.1 Business overview 262
13.2.8.2 Products offered 262
13.2.8.3 Recent developments 264
13.2.8.3.1 Product launches/developments 264
13.2.8.3.2 Deals 265
13.2.9 AFIMILK LTD. 266
13.2.9.1 Business overview 266
13.2.9.2 Products offered 266
13.2.9.3 Recent developments 267
13.2.9.3.1 Deals 267
13.2.10 HELIOSPECTRA 268
13.2.10.1 Business overview 268
13.2.10.2 Products offered 269
13.2.10.3 Recent developments 270
13.2.10.3.1 Product launches/developments 270
13.2.10.3.2 Deals 270
13.3 OTHER PLAYERS 271
13.3.1 PONSSE OYJ 271
13.3.2 KOMATSU FOREST 272
13.3.3 SCALEAQ 273
13.3.4 TIGERCAT INTERNATIONAL INC. 274
13.3.5 AG LEADER TECHNOLOGY 275
13.3.6 CERTHON 276
13.3.7 NEDAP N.V. 277
13.3.8 ARGUS CONTROL SYSTEMS LIMITED 278
13.3.9 DAIRYMASTER 279
13.3.10 DICKEY-JOHN 280
13.3.11 ABACO S.P.A. 281
13.3.12 TEEJET TECHNOLOGIES 281
13.3.13 FANCOM BV 282
13.3.14 SENSAPHONE 283
13.3.15 BOUMATIC 284
13.3.16 CERESAI 285
13.3.17 RAVEN INDUSTRIES, INC. 286
14 APPENDIX 287
14.1 INSIGHTS OF INDUSTRY EXPERTS 287
14.2 DISCUSSION GUIDE 287
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 292
14.4 CUSTOMIZATION OPTIONS 294
14.5 RELATED REPORTS 294
14.6 AUTHOR DETAILS 295
LIST OF TABLES
TABLE 1 MARKET GROWTH ASSUMPTIONS 44
TABLE 2 RISK ASSESSMENT: SMART AGRICULTURE MARKET 47
TABLE 3 SMART AGRICULTURE MARKET: ROLES OF COMPANIES IN ECOSYSTEM 66
TABLE 4 AVERAGE SELLING PRICE TREND OF SMART AGRICULTURE SYSTEMS,
BY KEY PLAYERS, 2020–2023 (USD) 74
TABLE 5 AVERAGE SELLING PRICE TREND OF SMART AGRICULTURE SYSTEMS, BY REGION, 2020−2023 (USD THOUSAND) 75
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO APPLICATIONS 76
TABLE 7 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS 77
TABLE 8 SMART AGRICULTURE MARKET: PORTER’S FIVE FORCES ANALYSIS 78
TABLE 9 IMPORT DATA FOR HS CODE 8432-COMPLIANT PRODUCTS, BY COUNTRY, 2019−2023 (USD MILLION) 83
TABLE 10 EXPORT DATA FOR HS CODE 8432-COMPLIANT PRODUCTS, BY COUNTRY 2019−2023 (USD MILLION) 84
TABLE 11 NUMBER OF PATENTS FILED BETWEEN 2013 AND 2023 85
TABLE 12 LIST OF PATENTS RELATED OT SMART AGRICULTURE MARKET, 2021–2024 86
TABLE 13 AMERICAS: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 16 SMART AGRICULTURE MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024−2025 90
TABLE 17 SMART AGRICULTURE MARKET, BY FARM SIZE, 2020–2023 (USD MILLION) 94
TABLE 18 SMART AGRICULTURE MARKET, BY FARM SIZE, 2024–2029 (USD MILLION) 94
TABLE 19 PRECISION FARMING: SMART AGRICULTURE MARKET, BY FARM SIZE,
2020–2023 (USD MILLION) 95
TABLE 20 PRECISION FARMING: SMART AGRICULTURE MARKET, BY FARM SIZE,
2024–2029 (USD MILLION) 95
TABLE 21 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY FARM SIZE,
2020–2023 (USD MILLION) 95
TABLE 22 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY FARM SIZE,
2024–2029 (USD MILLION) 96
TABLE 23 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY FARM SIZE,
2020–2023 (USD MILLION) 96
TABLE 24 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY FARM SIZE,
2024–2029 (USD MILLION) 96
TABLE 25 SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 100
TABLE 26 SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 101
TABLE 27 PRECISION FARMING: SMART AGRICULTURE MARKET, BY OFFERING,
2020–2023 (USD MILLION) 102
TABLE 28 PRECISION FARMING: SMART AGRICULTURE MARKET, BY OFFERING,
2024–2029 (USD MILLION) 102
TABLE 29 PRECISION FARMING: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION) 102
TABLE 30 PRECISION FARMING: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION) 102
TABLE 31 PRECISION FARMING: AUTOMATION AND CONTROL SYSTEMS IN SMART AGRICULTURE MARKET, BY DEVICE TYPE, 2020–2023 (USD MILLION) 103
TABLE 32 PRECISION FARMING: AUTOMATION AND CONTROL SYSTEMS IN SMART AGRICULTURE MARKET, BY DEVICE TYPE, 2024–2029 (USD MILLION) 103
TABLE 33 PRECISION FARMING: DRONES/UAVS IN SMART AGRICULTURE MARKET,
2020–2023 (THOUSAND UNITS) 103
TABLE 34 PRECISION FARMING: DRONES/UAVS IN SMART AGRICULTURE MARKET,
2024–2029 (THOUSAND UNITS) 104
TABLE 35 PRECISION FARMING: SENSING AND MONITORING DEVICES IN SMART AGRICULTURE MARKET, BY DEVICE TYPE, 2020–2023 (USD MILLION) 104
TABLE 36 PRECISION FARMING: SENSING AND MONITORING DEVICES IN SMART AGRICULTURE MARKET, BY DEVICE TYPE, 2024–2029 (USD MILLION) 104
TABLE 37 PRECISION FARMING: SENSING AND MONITORING DEVICES IN SMART AGRICULTURE MARKET, BY SENSOR TYPE, 2020–2023 (USD MILLION) 104
TABLE 38 PRECISION FARMING: SENSING AND MONITORING DEVICES IN SMART AGRICULTURE MARKET, BY SENSOR TYPE, 2024–2029 (USD MILLION) 105
TABLE 39 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 105
TABLE 40 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 105
TABLE 41 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SERVICE TYPE,
2020–2023 (USD MILLION) 105
TABLE 42 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SERVICE TYPE,
2024–2029 (USD MILLION) 106
TABLE 43 PRECISION FARMING: SMART AGRICULTURE MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 106
TABLE 44 PRECISION FARMING: SMART AGRICULTURE MARKET, BY TECHNOLOGY,
2024–2029 (USD MILLION) 106
TABLE 45 PRECISION FARMING: GUIDANCE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY REGION, 2020–2023 (USD MILLION) 107
TABLE 46 PRECISION FARMING: GUIDANCE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY REGION, 2024–2029 (USD MILLION) 107
TABLE 47 PRECISION FARMING: REMOTE SENSING IN SMART AGRICULTURE MARKET,
BY REGION, 2020–2023 (USD MILLION) 107
TABLE 48 PRECISION FARMING: REMOTE SENSING IN SMART AGRICULTURE MARKET,
BY REGION, 2024–2029 (USD MILLION) 108
TABLE 49 PRECISION FARMING: VARIABLE RATE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 50 PRECISION FARMING: VARIABLE RATE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY REGION, 2024–2029 (USD MILLION) 108
TABLE 51 PRECISION FARMING: GUIDANCE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY TYPE, 2020–2023 (USD MILLION) 108
TABLE 52 PRECISION FARMING: GUIDANCE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY TYPE, 2024–2029 (USD MILLION) 109
TABLE 53 PRECISION FARMING: REMOTE SENSING IN SMART AGRICULTURE MARKET,
BY TYPE, 2020–2023 (USD MILLION) 109
TABLE 54 PRECISION FARMING: REMOTE SENSING IN SMART AGRICULTURE MARKET,
BY TYPE, 2024–2029 (USD MILLION) 109
TABLE 55 PRECISION FARMING: VARIABLE RATE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY TYPE, 2020–2023 (USD MILLION) 109
TABLE 56 PRECISION FARMING: VARIABLE RATE TECHNOLOGY IN SMART AGRICULTURE MARKET, BY TYPE, 2024–2029 (USD MILLION) 110
TABLE 57 PRECISION FARMING: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 110
TABLE 58 PRECISION FARMING: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 110
TABLE 59 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY OFFERING,
2020–2023 (USD MILLION) 111
TABLE 60 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY OFFERING,
2024–2029 (USD MILLION) 111
TABLE 61 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION) 111
TABLE 62 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION) 112
TABLE 63 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 112
TABLE 64 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 112
TABLE 65 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 112
TABLE 66 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 113
TABLE 67 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 113
TABLE 68 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 113
TABLE 69 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY FARM TYPE,
2020–2023 (USD MILLION) 114
TABLE 70 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY FARM TYPE,
2024–2029 (USD MILLION) 114
TABLE 71 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY OFFERING,
2020–2023 (USD MILLION) 115
TABLE 72 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY OFFERING,
2024–2029 (USD MILLION) 116
TABLE 73 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION) 116
TABLE 74 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION) 116
TABLE 75 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 116
TABLE 76 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 117
TABLE 77 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 117
TABLE 78 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 117
TABLE 79 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 118
TABLE 80 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 118
TABLE 81 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY OFFERING,
2020–2023 (USD MILLION) 119
TABLE 82 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY OFFERING,
2024–2029 (USD MILLION) 119
TABLE 83 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION) 119
TABLE 84 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION) 120
TABLE 85 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 120
TABLE 86 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 120
TABLE 87 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 120
TABLE 88 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY TECHNOLOGY,
2024–2029 (USD MILLION) 121
TABLE 89 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 121
TABLE 90 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 121
TABLE 91 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY OFFERING,
2020–2023 (USD MILLION) 122
TABLE 92 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY OFFERING,
2024–2029 (USD MILLION) 123
TABLE 93 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION) 123
TABLE 94 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION) 123
TABLE 95 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 124
TABLE 96 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 124
TABLE 97 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SERVICE TYPE,
2020–2023 (USD MILLION) 124
TABLE 98 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SERVICE TYPE
2024–2029 (USD MILLION) 124
TABLE 99 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 125
TABLE 100 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 125
TABLE 101 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SUB-TYPE,
2020–2023 (USD MILLION) 125
TABLE 102 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SUB-TYPE,
2024–2029 (USD MILLION) 125
TABLE 103 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY OFFERING, 2020–2023 (USD MILLION) 126
TABLE 104 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY OFFERING, 2024–2029 (USD MILLION) 126
TABLE 105 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2020–2023 (USD MILLION) 126
TABLE 106 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SOFTWARE DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 127
TABLE 107 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 127
TABLE 108 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 127
TABLE 109 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 128
TABLE 110 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 128
TABLE 111 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SUB-TYPE, 2020–2023 (USD MILLION) 128
TABLE 112 OTHER AGRICULTURE TYPES: SMART AGRICULTURE MARKET, BY SUB-TYPE, 2024–2029 (USD MILLION) 128
TABLE 113 SMART AGRICULTURE MARKET, BY OFFERING, 2020–2023 (USD MILLION) 131
TABLE 114 SMART AGRICULTURE MARKET, BY OFFERING, 2024–2029 (USD MILLION) 132
TABLE 115 HARDWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 132
TABLE 116 HARDWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 133
TABLE 117 SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 149
TABLE 118 SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 149
TABLE 119 SOFTWARE: SMART AGRICULTURE MARKET, BY DEPLOYMENT TYPE,
2020–2023 (USD MILLION) 149
TABLE 120 SOFTWARE: SMART AGRICULTURE MARKET, BY DEPLOYMENT TYPE,
2024–2029 (USD MILLION) 150
TABLE 121 ON-PREMISE SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE, 2020–2023 (USD MILLION) 150
TABLE 122 ON-PREMISE SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE, 2024–2029 (USD MILLION) 151
TABLE 123 ON-CLOUD SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE, 2020–2023 (USD MILLION) 152
TABLE 124 ON-CLOUD SOFTWARE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE, 2024–2029 (USD MILLION) 152
TABLE 125 SERVICES: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 153
TABLE 126 SERVICES: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 154
TABLE 127 SMART AGRICULTURE MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 159
TABLE 128 SMART AGRICULTURE MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 160
TABLE 129 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2020–2023 (USD MILLION) 161
TABLE 130 PRECISION FARMING: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2024–2029 (USD MILLION) 161
TABLE 131 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2020–2023 (USD MILLION) 168
TABLE 132 LIVESTOCK MONITORING: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2024–2029 (USD MILLION) 168
TABLE 133 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2020–2023 (USD MILLION) 172
TABLE 134 PRECISION AQUACULTURE: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2024–2029 (USD MILLION) 172
TABLE 135 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2020–2023 (USD MILLION) 174
TABLE 136 PRECISION FORESTRY: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2024–2029 (USD MILLION) 174
TABLE 137 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2020–2023 (USD MILLION) 176
TABLE 138 SMART GREENHOUSE: SMART AGRICULTURE MARKET, BY SUB-APPLICATION, 2024–2029 (USD MILLION) 176
TABLE 139 SMART AGRICULTURE MARKET, BY REGION, 2020–2023 (USD MILLION) 179
TABLE 140 SMART AGRICULTURE MARKET, BY REGION, 2024–2029 (USD MILLION) 180
TABLE 141 AMERICAS: SMART AGRICULTURE MARKET, BY REGION,
2020–2023 (USD MILLION) 181
TABLE 142 AMERICAS: SMART AGRICULTURE MARKET, BY REGION,
2024–2029 (USD MILLION) 181
TABLE 143 AMERICAS: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 182
TABLE 144 AMERICAS: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 182
TABLE 145 AMERICAS: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2020–2023 (USD MILLION) 182
TABLE 146 AMERICAS: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2024–2029 (USD MILLION) 183
TABLE 147 NORTH AMERICA: SMART AGRICULTURE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 184
TABLE 148 NORTH AMERICA: SMART AGRICULTURE MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 184
TABLE 149 SOUTH AMERICA: SMART AGRICULTURE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 186
TABLE 150 SOUTH AMERICA: SMART AGRICULTURE MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 186
TABLE 151 EUROPE: SMART AGRICULTURE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 189
TABLE 152 EUROPE: SMART AGRICULTURE MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 189
TABLE 153 EUROPE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 190
TABLE 154 EUROPE: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 190
TABLE 155 EUROPE: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2020–2023 (USD MILLION) 190
TABLE 156 EUROPE: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2024–2029 (USD MILLION) 191
TABLE 157 ASIA PACIFIC: SMART AGRICULTURE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 194
TABLE 158 ASIA PACIFIC: SMART AGRICULTURE MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 195
TABLE 159 ASIA PACIFIC: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 195
TABLE 160 ASIA PACIFIC: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 196
TABLE 161 ASIA PACIFIC: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2020–2023 (USD MILLION) 196
TABLE 162 ASIA PACIFIC: PRECISION FARMING IN SMART AGRICULTURE MARKET,
BY TECHNOLOGY, 2024–2029 (USD MILLION) 196
TABLE 163 ROW: SMART AGRICULTURE MARKET, BY REGION/COUNTRY,
2020–2023 (USD MILLION) 199
TABLE 164 ROW: SMART AGRICULTURE MARKET, BY REGION/COUNTRY,
2024–2029 (USD MILLION) 200
TABLE 165 ROW: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2020–2023 (USD MILLION) 200
TABLE 166 ROW: SMART AGRICULTURE MARKET, BY AGRICULTURE TYPE,
2024–2029 (USD MILLION) 200
TABLE 167 ROW: PRECISION FARMING IN SMART AGRICULTURE MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 201
TABLE 168 ROW: PRECISION FARMING IN SMART AGRICULTURE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 201
TABLE 169 MIDDLE EAST: SMART AGRICULTURE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 203
TABLE 170 MIDDLE EAST: SMART AGRICULTURE MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 203
TABLE 171 SMART AGRICULTURE MARKET: OVERVIEW OF STRATEGIES ADOPTED
BY KEY MARKET PLAYERS, 2020−2024 204
TABLE 172 SMART AGRICULTURE MARKET: DEGREE OF COMPETITION, 2023 207
TABLE 173 SMART AGRICULTURE MARKET: REGION FOOTPRINT 213
TABLE 174 SMART AGRICULTURE MARKET: OFFERING FOOTPRINT 214
TABLE 175 SMART AGRICULTURE MARKET: APPLICATION FOOTPRINT 215
TABLE 176 SMART AGRICULTURE MARKET: AGRICULTURE TYPE FOOTPRINT 216
TABLE 177 SMART AGRICULTURE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 219
TABLE 178 SMART AGRICULTURE MARKET: COMPETITIVE BENCHMARKING FOR STARTUPS/SMES 220
TABLE 179 SMART AGRICULTURE MARKET: PRODUCT LAUNCHES,
DECEMBER 2020–OCTOBER 2024 221
TABLE 180 SMART AGRICULTURE MARKET: DEALS, DECEMBER 2020–OCTOBER 2024 224
TABLE 181 SMART AGRICULTURE MARKET: EXPANSIONS, DECEMBER 2020–OCTOBER 2024 228
TABLE 182 SMART AGRICULTURE MARKET: OTHERS, DECEMBER 2020–OCTOBER 2024 229
TABLE 183 DEERE & COMPANY: COMPANY OVERVIEW 231
TABLE 184 DEERE & COMPANY: PRODUCTS OFFERED 232
TABLE 185 DEERE & COMPANY: PRODUCT LAUNCHES/DEVELOPMENTS 233
TABLE 186 DEERE & COMPANY: DEALS 233
TABLE 187 DEERE & COMPANY: EXPANSIONS 234
TABLE 188 TRIMBLE INC.: COMPANY OVERVIEW 235
TABLE 189 TRIMBLE INC.: PRODUCTS OFFERED 236
TABLE 190 TRIMBLE INC.: PRODUCT LAUNCHES/DEVELOPMENTS 239
TABLE 191 TRIMBLE INC.: DEALS 239
TABLE 192 AGCO CORPORATION: COMPANY OVERVIEW 241
TABLE 193 AGCO CORPORATION: PRODUCTS OFFERED 242
TABLE 194 AGCO CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 244
TABLE 195 AGCO CORPORATION: DEALS 244
TABLE 196 TOPCON: COMPANY OVERVIEW 246
TABLE 197 TOPCON: PRODUCTS OFFERED 246
TABLE 198 TOPCON: DEALS 249
TABLE 199 DELAVAL: COMPANY OVERVIEW 250
TABLE 200 DELAVAL: PRODUCTS OFFERED 251
TABLE 201 DELAVAL: PRODUCT LAUNCHES/DEVELOPMENTS 252
TABLE 202 DELAVAL: DEALS 253
TABLE 203 AKVA GROUP: COMPANY OVERVIEW 254
TABLE 204 AKVA GROUP: PRODUCTS OFFERED 255
TABLE 205 AKVA GROUP: DEALS 257
TABLE 206 AKVA GROUP: EXPANSIONS 258
TABLE 207 AKVA GROUP: OTHERS 258
TABLE 208 ALLFLEX LIVESTOCK INTELLIGENCE (MSD ANIMAL HEALTH): COMPANY OVERVIEW 259
TABLE 209 ALLFLEX LIVESTOCK INTELLIGENCE (MSD ANIMAL HEALTH): PRODUCTS OFFERED 259
TABLE 210 ALLFLEX LIVESTOCK INTELLIGENCE (MSD ANIMAL HEALTH):
PRODUCT LAUNCHES/DEVELOPMENTS 261
TABLE 211 ALLFLEX LIVESTOCK INTELLIGENCE (MSD ANIMAL HEALTH): DEALS 261
TABLE 212 INNOVASEA SYSTEMS INC.: COMPANY OVERVIEW 262
TABLE 213 INNOVASEA SYSTEMS INC.: PRODUCTS OFFERED 262
TABLE 214 INNOVASEA SYSTEMS INC.: PRODUCT LAUNCHES/DEVELOPMENTS 264
TABLE 215 INNOVASEA SYSTEMS INC.: DEALS 265
TABLE 216 AFIMILK LTD.: COMPANY OVERVIEW 266
TABLE 217 AFIMILK LTD.: PRODUCTS OFFERED 266
TABLE 218 AFIMILK LTD.: DEALS 267
TABLE 219 HELIOSPECTRA: COMPANY OVERVIEW 268
TABLE 220 HELIOSPECTRA: PRODUCTS OFFERED 269
TABLE 221 HELIOSPECTRA: PRODUCT LAUNCHES/DEVELOPMENTS 270
TABLE 222 HELIOSPECTRA: DEALS 270
LIST OF FIGURES
FIGURE 1 SMART AGRICULTURE MARKET SEGMENTATION AND REGIONAL SCOPE 31
FIGURE 2 SMART AGRICULTURE MARKET: RESEARCH DESIGN 35
FIGURE 3 SMART AGRICULTURE MARKET: BOTTOM-UP APPROACH 42
FIGURE 4 SMART AGRICULTURE MARKET: TOP-DOWN APPROACH 43
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1) 43
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2) 44
FIGURE 7 DATA TRIANGULATION: SMART AGRICULTURE MARKET 45
FIGURE 8 SMART AGRICULTURE MARKET: GLOBAL SNAPSHOT 49
FIGURE 9 PRECISION FARMING TO DOMINATE SMART AGRICULTURE MARKET DURING FORECAST PERIOD 49
FIGURE 10 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET
SHARE DURING FORECAST PERIOD 50
FIGURE 11 MEDIUM SEGMENT TO ACCOUNT FOR LARGEST MARKET
SHARE DURING FORECAST PERIOD 50
FIGURE 12 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 51
FIGURE 13 GROWING PRESSURE ON FOOD SUPPLY CHAIN TO DRIVE MARKET GROWTH 52
FIGURE 14 PRECISION FARMING TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 52
FIGURE 15 MEDIUM FARMS TO ACCOUNT FOR LARGEST MARKET SHARE
DURING FORECAST PERIOD 53
FIGURE 16 PRECISION FARMING TO DOMINATE MARKET DURING FORECAST PERIOD 53
FIGURE 17 HARDWARE TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 54
FIGURE 18 US TO DOMINATE SMART AGRICULTURE MARKET IN AMERICAS 54
FIGURE 19 SMART AGRICULTURE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 56
FIGURE 20 SMART AGRICULTURE MARKET DRIVERS: IMPACT ANALYSIS 58
FIGURE 21 SMART AGRICULTURE MARKET RESTRAINTS: IMPACT ANALYSIS 60
FIGURE 22 SMART AGRICULTURE MARKET OPPORTUNITIES: IMPACT ANALYSIS 62
FIGURE 23 SMART AGRICULTURE MARKET CHALLENGES: IMPACT ANALYSIS 63
FIGURE 24 VALUE CHAIN ANALYSIS: SMART AGRICULTURE MARKET 64
FIGURE 25 SMART AGRICULTURE MARKET: ECOSYSTEM ANALYSIS 66
FIGURE 26 INVESTMENT AND FUNDING SCENARIO, 2021−2024 68
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 68
FIGURE 28 AVERAGE SELLING PRICE OF SMART AGRICULTURE SYSTEMS, BY KEY PLAYERS 73
FIGURE 29 AVERAGE SELLING PRICE TREND OF SMART AGRICULTURE SYSTEMS, BY OFFERING 74
FIGURE 30 AVERAGE SELLING PRICE TREND FOR SMART AGRICULTURE SYSTEMS, BY REGION 75
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO APPLICATIONS 76
FIGURE 32 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS 77
FIGURE 33 SMART AGRICULTURE MARKET: PORTER’S FIVE FORCES ANALYSIS 78
FIGURE 34 IMPACT OF AI/GEN AI ON SMART AGRICULTURE MARKET 80
FIGURE 35 IMPORT SCENARIO FOR HS CODE 8432-COMPLIANT PRODUCTS, BY COUNTRY, 2019−2023 (USD MILLION) 83
FIGURE 36 EXPORT SCENARIO FOR HS CODE 8432-COMPLIANT PRODUCTS, BY COUNTRY, 2019−2023 (USD MILLION) 84
FIGURE 37 PATENTS GRANTED AND APPLIED, 2013–2023 85
FIGURE 38 MEDIUM FARMS TO ACCOUNT FOR LARGEST MARKET SHARE DURING
FORECAST PERIOD 94
FIGURE 39 PRECISION FARMING TO DOMINATE SMART AGRICULTURE MARKET DURING FORECAST PERIOD 100
FIGURE 40 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 131
FIGURE 41 PRECISION FARMING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 159
FIGURE 42 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 179
FIGURE 43 AMERICAS: SMART AGRICULTURE MARKET SNAPSHOT 181
FIGURE 44 EUROPE: SMART AGRICULTURE MARKET SNAPSHOT 188
FIGURE 45 ASIA PACIFIC: SMART AGRICULTURE MARKET SNAPSHOT 194
FIGURE 46 SMART AGRICULTURE MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2020−2023 206
FIGURE 47 SMART AGRICULTURE MARKET SHARE ANALYSIS, 2023 207
FIGURE 48 COMPANY VALUATION, 2024 208
FIGURE 49 FINANCIAL METRICS (EV/EBITDA), 2024 209
FIGURE 50 BRAND/PRODUCT COMPARISON 209
FIGURE 51 SMART AGRICULTURE MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 211
FIGURE 52 SMART AGRICULTURE MARKET: COMPANY FOOTPRINT 212
FIGURE 53 SMART AGRICULTURE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 218
FIGURE 54 DEERE & COMPANY: COMPANY SNAPSHOT 231
FIGURE 55 TRIMBLE INC.: COMPANY SNAPSHOT 236
FIGURE 56 AGCO CORPORATION: COMPANY SNAPSHOT 241
FIGURE 57 DELAVAL: COMPANY SNAPSHOT 251
FIGURE 58 AKVA GROUP: COMPANY SNAPSHOT 255
FIGURE 59 HELIOSPECTRA: COMPANY SNAPSHOT 268
