Global Intelligent Agriculture Market Growth 2024-2030

Global Intelligent Agriculture Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Intelligent Agriculture market size was valued at US$ 3948.9 million in 2023. With growing demand in downstream market, the Intelligent Agriculture is forecast to a readjusted size of US$ 7134.6 million by 2030 with a CAGR of 8.8% during review period.

The research report highlights the growth potential of the global Intelligent Agriculture market. Intelligent Agriculture are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Intelligent Agriculture. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Intelligent Agriculture market.

Smart agriculture, allows farmers to maximize yields using minimal resources such as water, fertilizer, and seeds. By deploying sensors and mapping fields, farmers can begin to understand their crops at a micro scale, conserve resources, and reduce impacts on the environment. Smart agriculture has roots going back to the 1980s when Global Positioning System (GPS) capability became accessible for civilian use. Once farmers were able to accurately map their crop fields, they could monitor and apply fertilizer and weed treatments only to areas that required it. During the 1990s, early precision agriculture users adopted crop yield monitoring to generate fertilizer and pH correction recommendations. As more variables could be measured and entered into a crop model, more accurate recommendations for fertilizer application, watering, and even peak yield harvesting, could be made. A number of sensing technologies are used in precision agriculture, providing data that helps farmers monitor and optimize crops, as well as adapt to changing environmental factors. This report mainly covers the Smart agriculture senor and robot and other device. software and other service solution is not covered.

The industry's leading producers are Texas Instruments, AGCO Corporation and GEA Farm Technologies, with revenue ratios of 8.10%, 11.00% and 2.67%, respectively, in 2019.

Key Features:

The report on Intelligent Agriculture market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Intelligent Agriculture market. It may include historical data, market segmentation by Type (e.g., Hydroponics, Aeroponics), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Intelligent Agriculture market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Intelligent Agriculture market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Intelligent Agriculture industry. This include advancements in Intelligent Agriculture technology, Intelligent Agriculture new entrants, Intelligent Agriculture new investment, and other innovations that are shaping the future of Intelligent Agriculture.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Intelligent Agriculture market. It includes factors influencing customer ' purchasing decisions, preferences for Intelligent Agriculture product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Intelligent Agriculture market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Intelligent Agriculture market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Intelligent Agriculture market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Intelligent Agriculture industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Intelligent Agriculture market.

Market Segmentation:

Intelligent Agriculture market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Hydroponics
Aeroponics
Others

Segmentation by application
Vegetable Cultivation
Fruit Planting
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian
Vertical Harvest
Infinite Harvest
FarmedHere
Metro Farms
Green Spirit Farms
Indoor Harvest
Sundrop Farms
Alegria Fresh

Key Questions Addressed in this Report

What is the 10-year outlook for the global Intelligent Agriculture market?

What factors are driving Intelligent Agriculture market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Intelligent Agriculture market opportunities vary by end market size?

How does Intelligent Agriculture break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.