Agriculture IoT Market – Global Opportunities & Forecast, 2020-2027

 The market report added by GMI Research gives meticulous investigation of the current scenarios in the market, including market size, share, trends, overall demand, growth, leading players, and forecasts for the coming years.

Market Segmentation of the Agriculture IoT Market:

The agriculture IOT market is spilt by Offering, Agriculture Type, Application, and Region. The given analysis will help you to expand your business by targeting niche markets. For the forecast period, the growth among segments offers accurate calculations and forecasts for sales in terms of volume and valve.

By Offering:

·         Hardware

o    Precision Farming Hardware

§   Automation and Control Systems

·          Drones/UAVS

·          Irrigation Controllers

·          GPS/GNSS Systems

·          Flow and Application Control Devices

·          Guidance and Steering

·          Handheld Mobile Devices/Handheld Computers

·          Displays

·          Others

§   Sensing and Monitoring Devices

·          Yield Monitors

·          Soil Sensors

·          Water Sensors

·          Climate Sensors

·          Others

o    Precision Forestry Hardware

§   Harvesters & Forwarders

§   UAVS/Drones

§   GPS

§   Cameras

§   RFID and Sensors

§   Variable Rate Controllers

§   Others

o    Livestock Monitoring Hardware

§   RFID Tags and Readers

§   Sensors

§   Control System

§   GPS

§   Others

o    Fish Farm Monitoring Hardware

§   GPS/GNSS

§   Sensors

§   Others

o    Smart Greenhouse Hardware

§   HVAC Systems

§   Led Grow Lights

§   Sensors

o    Others

·          Software

o   Local/Web Based

o    Cloud Based

·         Services

o    System Integration and Consulting

o    Managed Services

§   Farm Operation Services

§   Data Services

§   Analytics

o    Connectivity Services

o    Assisted Professional Services

§   Supply Chain Management Services

§  . Climate Information Services

§   Others

o    Maintenance and Support

By Agriculture Type:

·         Precision Farming

·         Precision Forestry

·         Livestock Monitoring

·         Fish Farm Monitoring

·         Smart Greenhouse

·         Others

By Application:

·         Precision Farming Applications

o    Yield Monitoring

o    Field Mapping

o    Crop Scouting

o    Weather Tracking and Forecasting

o    Irrigation Management

o    Inventory Management

o    Farm Labor Management

o    Financial Management

o    Others

·         Precision Forestry Applications

o    Genetics and Nurseries

o    Silviculture and Fire Management

o    Harvesting Management

o    Inventory and Logistics Management

·         Livestock Monitoring Applications

o    Feeding Management

o    Heat Stress Management

o    Milk Harvesting Management

o    Breeding Management

o    Animal Comfort Management

o    Behavior Monitoring and Management

o    Others

·         Fish Farm Monitoring Applications

o    Fish Tracking and Fleet Navigation

o    Feeding Management

o    Water Quality Management

o    Others

·         Smart Greenhouse Applications

o    HVAC Management

o    Yield Monitoring

o    Water and Fertilizer Management

·         Other Applications

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

Key Drivers of the Agriculture IoT Market:

The significant factors driving the growth of the global agriculture IoT market include the rising demand for agricultural output, growing penetration of Internet of Things (IoT) & artificial intelligence (AI) technologies in the farming sector, and the increasing government support to opt for the latest agricultural techniques, followed by the rising focus on livestock monitoring to improve the efficiency of farming. Furthermore, the growing penetration of drones in precision farming and the launch of big data in agriculture farms will accelerate the growth of the agriculture IoT market size. IoT-based technology helps in addressing agriculture issues, thereby improving the quality and quantity of farming production by joining via a single platform and making it interactive by analyzing, sharing, and storing the information.

The strong demand for food globally, coupled with the increasing population rate, especially in emerging economies such as India, will create numerous growth opportunities in the market. With the drastic shift in climate conditions, it has become necessary to deploy IoT-based technologies in the agriculture sector to boost production and reduces the chances of losses. Additionally, the increasing penetration of smartphones and the Internet among farmers will promote them to opt for the latest technologies to increase their quantity and improve the quality of yield. On the other hand, the lack of availability of simple, data aggregation tools and standardized data management are certain factors that will hinder the growth of the global agriculture IoT market during the forecast period.

Company coverage of the Agriculture IoT Market:

·         Deere & Company

·         Trimble Inc.

·         AGCO Corporation

·         Raven Industries, Inc.

·         DeLaval

·         GEA Group

·         AgJunction

·         Merck & Co., Inc.

·         Ponsse Oyj

·         Komatsu Forest

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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