Smart Agriculture Market worth $20.8 billion by 2026

CHICAGO, Oct. 22, 2021 /PRNewswire/ — Based mostly on the evaluation report “Smart Agriculture Market with COVID-19 influence evaluation by Offering, Agriculture Type (Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse), Software, Farm Measurement, & Geography – Worldwide Forecast to 2026”, revealed by MarketsandMarkets™, the Smart Agriculture Market Is predicted to develop from USD 12.9 billion in 2021 to USD 20.8 billion by 2026; It is anticipated to develop at a CAGR of 10.1% By way of the forecast interval. The smart agriculture market witnessed a decline in 2020 owing to the unfold of COVID-19. The outbreak had adversely influenceed The current chain of the smart agriculture market, as A pair of of the excellent gamers are based in China and the US, and these nations have been the worst affected nations Inside the pandemic Inside The primary half of 2020. The market Is predicted to witness a U-shaped restoration in 2021 with the rising demand for gear and automation merchandise in numerous purposes, Similar to precision farming, precision livestock, precision aquaculture amongst others.

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AI and Knowledge Analytics to have The very biggest CAGR of precision farming Computer software market By way of the forecast interval

AI and data analytics are gaining popularity amongst farmers. With The assist of AI, farmers can analyze climate circumstances, temperature, water utilization, soil circumstances, and others. Precision agriculture makes use of AI to detect pests in crops and about plant vitamin. AI assists in creating seasonal forecasting fashions To reinforce agricultural accuracy and productiveness. As a Outcome of the peinternetration of know-how is developing On the earth, its demand in smart agriculture market.

Feeding administration Is predicted To steer precision aquaculture market By way of the forecast interval

The feeding administration Is predicted To steer the precision aquaculture market By way of the forecast interval. Elements contributing in the direction of The enlargement of monitoring, administration, and surveillance are developing set up of automated aquaculture farms monitoring models Similar to IoT-based monitoring models, underwater ROVs, and smart digital camera methods and the rising focus of aquaculture farmers on efficient administration of fisheries To Guarantee improved farm productiveness and effectivity.

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China accounts for The Most very important share of the smart agriculture market in APAC By way of the forecast interval

China Is predicted to account for The Most very important share of the smart agriculture market in APAC By way of the forecast interval. It Is Among The numerous early adopters of smart agriculture utilized sciences. The smart agriculture market in China May even be anticipated to develop On The very biggest CAGR By way of the forecast interval. The developing demand For modern agricultural equipment and the rising adoption Of latest utilized sciences are The primary causes behind the extreme progress of the smart agriculture market in China.

The report profiles key gamers Inside the smart agriculture market and analyzes their market shares. Players profiled On this report are John Deere (US), Trimble (US), Topcon Positioning Systems (US), DeLaval (Sweden), AKVA(Norway) Antelliq(France), Afimilk(Israel), InnovaSea Systems(US), Heliospectra(Sweden) and LumiGrow(US), ABACO(Italy), Treemetrics(Ireland), Raven Industries(US), AG Chief Technology(US), AgJunction(US), The Local climate Company(US), Nedap(Netherlands), BouMatic(US), Fancom(Netherlands), Aquabyte(US), Steinsvik(Norway), VEMCO(Nova Scotia), Nexus Greenhouse Systems(US), Certhon (Netherlands), NV5 Geospatial(US), Hitachi Enchancment Machinery(Japan), Akuakare(Turkey), Gamighta(Switzerland), ec2ce(Spain), Eruvaka Technologies(India) and CropX Technologies(Israel).

Associated Reviews:

Precision Farming Market by Technology (Steerage, VRT, Distant Sensing), Software (Crop Scouting, Area Mapping, Variable Price Software), Offering (Hardware—Sensors, GPS, Yield Screens; Software; Providers) and Geography – Worldwide Forecast to 2025

Precision Farming Software Market by Supply Mannequin (Native/internet-based, Cloud-Based mostly, SaaS, PaaS), Software (Yield Monitoring, Area Mapping, Crop Scouting, Weather Monitoring & Forecasting), Service Supplier, and Geography – Worldwide Forecast to 2022

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