The latest research report, titled ‘Global Smart Farming Market’, can be considered a profound analysis of the global Smart Farming industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Smart Farming market. The report offers a holistic coverage of the Smart Farming market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.
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.
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Global Smart Farming Market Report - Segmental Analysis:
The global Smart Farming business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Smart Farming business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
Smart Farming Market Segmentation:
-
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
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Competitive Outlook:
This section of the report performs a thorough investigation into the intensely competitive landscape of the global Smart Farming market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation.
Key Geographies Profiled in the Report:
- North America (the U.S., Mexico, and Canada)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Europe (the U.K., France, Germany, and Rest of Europe)
- Latin America (Brazil and Rest of Latin America)
- Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
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The report, additionally, presents a comprehensive analysis of the key elements of the Smart Farming market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
Key Objectives of the Global Smart Farming Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Smart Farming market and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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