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Market Analysis: Global Agriculture Technologies Market
Global agriculture technologies market is driven by the achievement of operational efficiency and effectiveness through heavy acceptance of technology in farming practices which is projecting a rise in estimated value from USD 7.68 billion in 2018 to an estimated value of USD 19.86 billion by 2026, registering a CAGR of 12.61% in the forecast period of 2019-2026.
Market Definition: Global Agriculture Technologies Market
Agricultural technologies can be defined as technologies that are being used in the hardware or machines which is used in farming process. These technologies make the machinery work in same way as to be done by humans and animals for farming. It has brought a revolutionary change in modern farming on the global level.
- Rise in usage of technology in the farming process worldwide. As it is more effective than human work process.
- Rise in the demand for food across the globe for ever growing population. This increases the necessity to adopt agricultural technology to do the agricultural work faster.
- Increasing need for examining the health of the live stocks and to take the necessary steps within the growth cycle as the market is moving towards quality with quantity.
- The agricultural industry is very fragmented because of this the technology within the agriculture are not being implemented globally.
- There are less skilled farmer which do not have much technological knowledge on how to use the agricultural technology
There is high initial cost in the agricultural technology implementation which restrains the people to use such tools & techniques.
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Segmentation: Global Agriculture Technologies Market
- By Agriculture Type
- Precision Farming
- Livestock Monitoring
- Fish Farming
- Smart Greenhouses
- Others (Orchid, Forestry, and Horticulture)
- By Offering
- Precision Farming Hardware
- Automation and Control Systems
- Sensing and Monitoring Systems
- Livestock Monitoring Hardware
- RFID Tags & Readers
- Transmitters & Mounting Equipment
- Fish Farming Hardware
- Smart Greenhouse Hardware
- HVAC Systems
- LED Grow Lights
- Local/Web Based
- Cloud Based
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- System Integration & Consulting
- Managed Services
- Connectivity Services
- Assisted Professional Services
- Maintenance and Support
- By Application
- Precision Farming Applications
- Livestock Monitoring Applications
- Fish Farming Applications
- Smart Greenhouse Applications
- Others (Orchid, Forestry, and Horticulture)
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
- Precision Farming Hardware
Key Developments in the Market:
- In October 2018, Watson decision platform for agriculture to be launched by IBM which wil integrate data and artificial intelligence within the farming. This will help the food producers and their suppliers to easily manage their raw material and finished products.
- In January 2018, John deere and farm dog brought a new project to produce variable rate spray technology. This will help in controlling the pest and diseases within the livestock.
Competitive Analysis: Global Agriculture Technologies Market
Global agriculture technologies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of agriculture technologies for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors/Players: Global Agriculture Technologies Market
Few of the major competitors currently working in Agriculture Technologies Deere & Company, Trimble, Inc., Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, Precision Planting, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC.
Research Methodology: Global Agriculture Technologies Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
The Agriculture Technologies Market report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Agriculture Technologies Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Agriculture Technologies Market.
How will this Market Intelligence Report Benefit You?
- The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
- Exclusive insight into the key trends affecting the Agriculture Technologies Market industry, although key threats, opportunities and disruptive technologies that could shape the Global Agriculture Technologies Market supply and demand.
- The report tracks the leading market players that will shape and impact the Global Agriculture Technologies Market
- The data analysis present in the Agriculture Technologies Market report is based on the combination of both primary and secondary resources.
- The report helps you to understand the real effects of key market drivers or retainers on Agriculture Technologies Market
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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