Agtech in the United Kingdom
Summary
Agtech in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Agtech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production.
- The UK agtech market had total revenues of $241.6 million in 2023, representing a compound annual growth rate (CAGR) of 15.2% between 2018 and 2023.
- The devices segment accounted for the market's largest proportion in 2023, with total revenues of $148.5 million, equivalent to 61.5% of the market's overall value.
- The UK accounted for a 4.7% market share of the European Agtech market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United Kingdom
- Leading company profiles reveal details of key agtech market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom agtech market with five year forecasts
- What was the size of the United Kingdom agtech market by value in 2023?
- What will be the size of the United Kingdom agtech market in 2028?
- What factors are affecting the strength of competition in the United Kingdom agtech market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's agtech market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Deere & Co
- 8.2. CNH Industrial NV
- 8.3. AGCO Corporation
- 8.4. Vertical Future Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: United Kingdom agtech market value: $ million, 2018-23
- Table 2: United Kingdom agtech market category segmentation: % share, by value, 2018-2023
- Table 3: United Kingdom agtech market category segmentation: $ million, 2018-2023
- Table 4: United Kingdom agtech market geography segmentation: $ million, 2023
- Table 5: United Kingdom agtech market value forecast: $ million, 2023-28
- Table 6: Deere & Co: key facts
- Table 7: Deere & Co: annual financial ratios
- Table 8: Deere & Co: key employees
- Table 9: CNH Industrial NV: key facts
- Table 10: CNH Industrial NV: annual financial ratios
- Table 11: CNH Industrial NV: key employees
- Table 12: CNH Industrial NV: key employees Continued
- Table 13: AGCO Corporation: key facts
- Table 14: AGCO Corporation: annual financial ratios
- Table 15: AGCO Corporation: key employees
- Table 16: AGCO Corporation: key employees Continued
- Table 17: Vertical Future Ltd: key facts
- Table 18: United Kingdom size of population (million), 2019-23
- Table 19: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
- Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 21: United Kingdom inflation, 2019-23
- Table 22: United Kingdom consumer price index (absolute), 2019-23
- Table 23: United Kingdom exchange rate, 2018-23
- List of Figures
- Figure 1: United Kingdom agtech market value: $ million, 2018-23
- Figure 2: United Kingdom agtech market category segmentation: $ million, 2018-2023
- Figure 3: United Kingdom agtech market geography segmentation: % share, by value, 2023
- Figure 4: United Kingdom agtech market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the agtech market in the United Kingdom, 2023
- Figure 6: Drivers of buyer power in the agtech market in the United Kingdom, 2023
- Figure 7: Drivers of supplier power in the agtech market in the United Kingdom, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the agtech market in the United Kingdom, 2023
- Figure 9: Factors influencing the threat of substitutes in the agtech market in the United Kingdom, 2023
- Figure 10: Drivers of degree of rivalry in the agtech market in the United Kingdom, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook