Emerging Opportunities for Advanced Sensors in Agriculture

Emerging Opportunities for Advanced Sensors in Agriculture



This study explores the growth of sensor technologies and their application in the agriculture industry, particularly in the agritech sector. With sustainability becoming a global trend, governments, companies, and non-profit agencies have realized the potential offered by different sensing technologies for optimizing resource usage. Although not a new technology, recent advancements resulting in high wired/wireless network speed, reduced equipment size, and large data storage capacity have enhanced its applicability.

The report focuses on the role of sensor-based technologies of different types in molding the agriculture industry to its present form, providing an overview of sensors, including technology innovations, key players, and regional developments. It identifies the global trends and other factors driving and restraining growth in this space and highlights the opportunities emerging from the shifts in the industry for market players and stakeholders to leverage.

Key questions this study will address:

What are the application possibilities and impact of sensors in agriculture?

What are some of the key advancements in agritech, especially in the sensor technology segment?

What global trends have impacted growth in agriculture?

Which regions show high potential for agritech adoption?

What does the funding, M&A, and partnership landscape look like in agriculture?


Strategic Imperatives
Why Is It Increasingly Difficult to Grow?The Strategic Imperative 8™: Factors Creating Pressure on Growth
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Agriculture Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Methodology
Growth Opportunity Analysis
Scope of Analysis
Segmentation
Growth Drivers
Growth Restraints
Sensors: The Foundation of Modern Farming's Technological Transition
Sensor Technology Attractiveness Dashboard
Technology Attractiveness Dashboard
Traditional Industry with Continuing Technological Transformation
Sensors—A Brief Overview
Advanced Sensors—A Generic Architecture
Broad Sensor Classification Based on Design and Operating Principle
Sensor Types and Designs in Agriculture
Sensor Types and Designs in Agriculture
Key Emerging Innovation Trends in Sensor Technologies
Emerging Technologies and Sensor Enablers
Advanced Sensors: A Transformative Technology in Agriculture
Agriculture—Overview of Sector Ecosystem
Sensor Impacts at Various Levels of the Agriculture Sector Pipeline
Sensor-enabled Technologies Transforming Modern Agriculture
North and South America—Regional Trends and Initiatives
Asia-Pacific—Regional Trends and Initiatives
Africa and the Middle East—Regional Trends and Initiatives
Europe and West Asia—Regional Trends and Initiatives
Global Mega Trends Impacting the Agriculture Sector
Global Mega Trends Impacting the Agriculture Sector
Innovative Technology and Product Developments in Precision Agriculture
Innovative Technology Developments in Precision Agriculture
Climate Change and Food Security Concerns Driving Partnerships in Smart Agriculture
Funding and M&As in the Smart Agriculture Sector Indicate a Focus on Sustainable Farming
Companies to Collaborate—Potential Partnership Opportunities
Key Innovation/R&D Themes in Agriculture
Business Models for Modern Agriculture
Porter’s Five Forces Model
Key Technology Developments and Strategies from Major Companies and Emerging Start-ups
Strategic Insights and Roadmap
Growth Opportunity Universe
Growth Opportunity 1: Sensor-based IoT Ecosystem
Growth Opportunity 1: Sensor-based IoT Ecosystems
Growth Opportunity 2: Agritech and Farm Automation
Growth Opportunity 2: Agritech and Farm Automation
Growth Opportunity 3: Agriculture Sector Regulation and Organization
Growth Opportunity 3: Agriculture Sector Regulation and Organization
Appendix
Technology Readiness Levels (TRL): Explanation
Next Steps
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