“Smart Farming – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2026”
Wiseguyreports.Com Adds “Smart Farming – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2026” To Its Research Database.
According to the publisher, the Global Smart Farming Market is accounted for $5.77 billion in 2017 and is expected to reach $18.81 billion by 2026 growing at a CAGR of 14.0% during the forecast period. The increasing demand for food production, and rising population and shortage of agricultural lands are key driving factors for the smart farming market. Furthermore, growing implementation of advanced technologies in farming for maximum profitability and production, availability of low-cost cloud services, increasing need for remote monitoring services, increasing focus on farm efficiency and productivity, reduction in cost of sensors, rising governments’ support towards smart farming, government’s support to adopt modern agricultural techniques and rising adoption of big data & IoT in smart farming are some of the factors boosting the market growth. However, high initial capital investment, Lack of Standardization and increasing level of e-waste are expected to hamper the market growth.
This report focuses on the global Smart Farming status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Farming development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
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The key players covered in this study
Ag Leader Technology
Market segment by Type, the product can be split into
Automation and Control Systems
Smart Agriculture Equipment and Machinery
Market segment by Application, split into
Soil and Crop Management
Storage and Irrigation Management
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Smart Farming status, future forecast, growth opportunity, key market and key players.
To present the Smart Farming development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Smart Farming are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type (2015-2026)
5 Smart Farming Breakdown Data by Application (2015-2026)
6 North America
10 Southeast Asia
12 Central & South America
13 Key Players Profiles
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Source: EIN Presswire