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Smart Farming and Precision Agriculture Market Report - Global Industry Data, Analysis and Growth Forecasts by Type, Application and Region, 2021-2028

  • ID: 5349360
  • Report
  • July 2021
  • Region: Global
  • OG Analysis
UP TO OFF
until Jul 31st 2021
Smart Farming and Precision Agriculture market illustrates an attractive growth rate during the forecast period with the advancements in technologies. Latest developments in Artificial Intelligence and machine learning abilities to expand Smart Farming and Precision Agriculture applications and drive demand during the forecast period to 2028.

The pandemic COVID 19 has a significant impact on the manufacturers of Smart Farming and Precision Agriculture due to disruptions in the supply chain and frequent lockdowns. Further, the economic slowdown and geopolitical matters have limited the Smart Farming and Precision Agriculture market growth in 2020. As the market recovers from the pandemic, we forecast the growth trajectory to vary across regions with some countries offering huge growth potential while others reporting limited profit margins.

New generation Smart Farming and Precision Agriculture with improved performance offering higher accuracy and flexibility, with easy integration into systems spur the growth in Smart Farming and Precision Agriculture industry. However, a paradigm shift towards a connected world and growing requirement for miniaturization are necessitating further advancement in the Smart Farming and Precision Agriculture market and develop smarter products.

Research and development in the Smart Farming and Precision Agriculture industry to drive down costs and improve functionality are expected to advance in the medium term. Autonomous vehicles poised to hit the mainstream alongside rapid growth in AI computing capabilities with improving commercials are offering enormous opportunities in the Smart Farming and Precision Agriculture market. Over the forecast period to 2028, we forecast the Smart Farming and Precision Agriculture market to regain growth momentum, mainly with support from developing markets.

Smart Farming and Precision Agriculture market competitive landscape

On the Smart Farming and Precision Agriculture market structure front, consolidation observed in 2020 is expected to be continued in 2021. Mergers and acquisitions are primarily intended to acquiring new technologies, strengthening portfolios, and leveraging capabilities.

Companies operating in the Smart Farming and Precision Agriculture market were hard hit by the adverse effects of COVID, with the major difficulty being the supply chain management. Managing production with shortages in supply and man force has limited the profitability of companies in 2020 and created the need to adapt to more agile methods of working. However, growing trends of online work and education along with the exponential development of the e-commerce industry facilitate companies to regain their market share. Detailed profiles of top companies in the Smart Farming and Precision Agriculture industry along with their key strategies to 2028 are provided in the report.

Impact of COVID 19 on Smart Farming and Precision Agriculture Industry

The global Smart Farming and Precision Agriculture market study carefully examines the deviation in the global outlook due to COVID-19 considering its impact on supply chain, economy, and consumer preferences by country and region.

The report identifies competitive strategies being implemented and planned by key companies in the Smart Farming and Precision Agriculture market to counter adverse effects and take advantage of the new opportunities created by the pandemic situation. Different scenarios based on expected containment of the virus in the medium to long term are considered to provide Smart Farming and Precision Agriculture market forecasts.

Smart Farming and Precision Agriculture market segmentation

The research estimates global Smart Farming and Precision Agriculture market revenues in 2021 with a detailed market share and penetration of different types, technologies, applications, and geographies in the Smart Farming and Precision Agriculture market to 2028.

The study identifies current trends along with potential drivers and challenges leading to growth or decline in their market share, for each segment during the outlook period.

The report covers the North America Smart Farming and Precision Agriculture market, Europe Smart Farming and Precision Agriculture market, Asia Pacific Smart Farming and Precision Agriculture market, Middle East Smart Farming and Precision Agriculture market, and LATAM Smart Farming and Precision Agriculture markets from 2020 to 2028. The status of the Smart Farming and Precision Agriculture market in key countries in each region is elaborated to enable an in-depth understanding of the Smart Farming and Precision Agriculture industry.

Reasons to Procure this Report

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways:

1. The report provides 2021 Smart Farming and Precision Agriculture market revenues at the global, regional, and key country level with a detailed outlook to 2028 allowing companies to calculate their market share and analyze prospects, and uncover new markets to target

2. The research includes the Smart Farming and Precision Agriculture market split by different types, technologies, applications, and end-uses. This segmentation helps managers plan their products and budgets based on future growth rates of each segment

3. The Smart Farming and Precision Agriculture market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigate risks

4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business

5. The study assists investors in analyzing Smart Farming and Precision Agriculture business prospects by region, key countries, and top companies' information to channel their investments.

What's Included in the Report
  • Global Smart Farming and Precision Agriculture Market size and growth projections, 2020-2028
  • Smart Farming and Precision Agriculture Market size, share, and growth projections across 5 regions and 18 countries, 2020-2028
  • Smart Farming and Precision Agriculture market size and CAGR of key products, applications, and end-user verticals, 2020-2028
  • Short and long term Smart Farming and Precision Agriculture Market trends, drivers, restraints, and opportunities
  • Porter’s Five forces analysis
  • Profiles of 5 leading companies in the industry-overview, key strategies, financials, and products
  • Latest market news and developments
Additional support
  • All the data presented in tables and charts of the report is provided in a separate Excel document
  • Print authentication allowed on purchase of online versions
  • 10% free customization to include any specific data/analysis to match with the requirement
  • 3 months of analyst support
Note: Product cover images may vary from those shown
1. Executive Summary
1.1 Smart Farming and Precision Agriculture Market Overview, 2021
1.1 Smart Farming and Precision Agriculture Fastest-Growing Types, 2021-2028
1.2 Smart Farming and Precision Agriculture Leading Application Segments, 2021-2028
1.3 Smart Farming and Precision Agriculture High Potential markets, 2021-2028

2. Market Insights and Strategic Analysis
2.1 Key Market trends
2.2 Market Drivers
2.3 Market Challenges
2.4 Industry Attractiveness - Porter's Five Forces Analysis
2.5 Impact of COVID-19 on the Market

3. Global Smart Farming and Precision Agriculture Market Outlook
3.1 Global Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
3.2 Global Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
3.3 Global Smart Farming and Precision Agriculture Market Outlook by Country, 2021-2028

4. Asia Pacific Smart Farming and Precision Agriculture Market Outlook
4.1 Key Snapshot, 2021
4.2 Asia Pacific Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
4.3 Asia Pacific Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
4.4 Asia Pacific Smart Farming and Precision Agriculture Market Outlook by Country, 2021-2028

5. Europe Smart Farming and Precision Agriculture Market Outlook and Growth Opportunities
5.1 Key Snapshot, 2021
5.2 Europe Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
5.3 Europe Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
5.4 Europe Smart Farming and Precision Agriculture Market Outlook by Country, 2021-2028

6. North America Smart Farming and Precision Agriculture Market Outlook and Growth Opportunities
6.1 Key Snapshot, 2021
6.2 North America Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
6.3 North America Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
6.4 North America Smart Farming and Precision Agriculture Market Outlook by Country, 2021-2028

7. South and Central America Smart Farming and Precision Agriculture Market Outlook and Growth Opportunities
7.1 Key Snapshot, 2021
7.2 South and Central America Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
7.3 South and Central America Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
7.4 South and Central America Smart Farming and Precision Agriculture Market Outlook, 2021-2028

8. Middle East Africa Smart Farming and Precision Agriculture Market Outlook and Growth Opportunities
8.1 Key Snapshot, 2021
8.2 Middle East Africa Smart Farming and Precision Agriculture Market Outlook by Type, 2021-2028
8.3 Middle East Africa Smart Farming and Precision Agriculture Market Outlook by Application, 2021-2028
8.4 Middle East Africa Smart Farming and Precision Agriculture Market Outlook by Country, 2021-2028

9. Competitive Analysis
9.1 Leading Companies in Smart Farming and Precision Agriculture Market
9.2 Business Profiles of Leading Smart Farming and Precision Agriculture Companies
Introduction
SWOT Analysis
Financial Analysis

10. Latest News and Developments in Global Smart Farming and Precision Agriculture Market

11. Appendix
11.1 Publisher’s Expertise
11.2 Online Data Portal
11.3 Sources and Research Methodology
Note: Product cover images may vary from those shown

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