Smart agriculture can be defined as an application of new
generation techniques into the traditional agriculture practices. AGCO
Corporation, Ag Junction Inc., AG Leader Technology and Deere & Company are
among the major players operating in this market. APAC is largest adopter of
smart agriculture system, followed by Europe, while Middle East & Africa
region with rising adoption of digital farming methods is anticipated to be one
of the most promising region in terms of smart agriculture market. Global smart
agriculture market is expected to grow from US$ 11.30 billion in 2016 to US$
30.01 billion by 2025 at a CAGR of 11.5% between 2017 and 2025.
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The report focuses on an in-depth segmentation of this
market based by Product type, and application. The geographic segmentation of
the report covers six major regions including; North Americas, Europe,
Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The
regional market has been further bifurcated by respective countries. By
end-user segment professional sector accounted for the largest share of the
smart agriculture market in 2016; whereas, Asia Pacific region is expected to
grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global smart
agriculture market with detailed market segmentation. Also, it analyzes the
current smart agriculture market scenario and forecasts the market till 2025.
The report covers market dynamics effecting the market during the forecast
period. Furthermore, the report analyzes the competitive scenario, geographic
trends, and opportunities in the markets with respect to all geographic
regions. The report also includes the detailed company profiles of the key
players in the market along with their market strategies. The report also
provide PEST analysis of all five regions along with the SWOT analysis for all company
profiled in the report.
ASia Pacific is one of the prominent regions in smart
agriculture market which will contribute highest revenue globally due to
technological developments and considerable application of smart agriculture
solutions. Rapidly growing economies in Asia-Pacific (APAC) with significant
growth construction sector will pave the path for increasing adoption and
propel the market for smart agriculture market. The APAC region is also
expected to lead the market with highest CAGR during the forecast period.
Global Smart
Agriculture Market Players:
AGCO Corporation
Ag Junction Inc.
AG Leader Technology
Deere & Company
Raven Industries, Inc.
Semiosbio Technologies Inc.
SST Development Group, Inc.
Teejet Technologies
Topcon Precision Agriculture
Trimble Navigation Limited among
others.
Complete
Report is Available http://www.reportsweb.com/smart-agriculture-market
Key
questions answered in this report
- What will the market size be in 2025
and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market
growth?
- Who are the key vendors in this
market space?
- What are the market opportunities
and threats faced by the key vendors?
- What are the strengths and
weaknesses of the key vendors?
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