Smart Farming Market Forecast, Revenue, Demand, Growth and Key Companies Valuation by 2028


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.

The report provides Smart Farming market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Smart Farming market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Smart Farming Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Smart Farming market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Smart Farming market revenue growth to a significant extent over the forecast period.

Top key vendors in Smart Farming Market include are:

  • Key participants include Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

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

Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/smart-farming-market

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Smart Farming Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Smart Farming industry

North America Smart Farming market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Smart Farming market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.

Asia Pacific registered fastest revenue CAGR in 2020, and the Smart Farming market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.

Europe Smart Farming market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Smart Farming market growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Smart Farming industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Smart Farming market across different regions?
  • Who are the major driving forces expected to decide the fate of the Smart Farming industry worldwide?
  • Who are the prominent market players making a mark in the Smart Farming market with their winning strategies?
  • Which Smart Farming industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Smart Farming market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Smart Farming Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Smart Farming Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Smart Farming Market Segmentation & Impact Analysis

    4.1. Smart Farming Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Smart Farming Market indicators analysis

          4.2.2. Smart Farming Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Smart Farming Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Smart Farming products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Smart Farming Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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