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Global Agriculture IoT Market (2022-2027) by Component, Farm Size, Application, Farm Production Planning Stage, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

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  • 165 Pages
  • May 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5601383
The Global Agriculture IoT Market is estimated to be USD 11.19 Bn in 2022 and is projected to reach USD 20.44 Bn by 2027, growing at a CAGR of 12.8%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Agriculture IoT Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Agriculture IoT Market is segmented based on Component, Farm Size, Application, Farm Production Planning Stage and Geography.
  • By Component, the market is classified into Hardware and Software.
  • By Farm Size, the market is classified into Large, Farms, Mid-Sized, and Small Farms.
  • By Application, the market is classified into Precision Farming, Smart Greenhouse, and Livestock Monitoring.
  • By Farm Production Planning Stage, the market is classified into Pre-Production Planning, Production Planning, and Post-Production Planning.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Ag Leader Technology, AgEagle Aerial Systems, AgJunction, Akua Kare, Allflex, CropX, Deere & Company, DeLaval, EC2CE, Eruvaka Technologies Pvt, Farmers Edge, Gamaya, Hexagon Agriculture, InnovaSea Systems, INSITU, Komatsu Forest AB, Ponsse, PrecisionHawk, Raven Industries, Teejet Technologies Illinois, The Climate, Topcon Positioning Systems, Trimble, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Agriculture IoT Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The report analyses the Global Agriculture IoT Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Agriculture IoT Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Agriculture IoT Market

What is the estimated value of the Global Agriculture IoT Market?

The Global Agriculture IoT Market was estimated to be valued at $11.19 Billion in 2022.

What is the growth rate of the Global Agriculture IoT Market?

The growth rate of the Global Agriculture IoT Market is 12.8%, with an estimated value of $20.44 Billion by 2027.

What is the forecasted size of the Global Agriculture IoT Market?

The Global Agriculture IoT Market is estimated to be worth $20.44 Billion by 2027.

Who are the key companies in the Global Agriculture IoT Market?

Key companies in the Global Agriculture IoT Market include Ag Leader Technology, AgEagle Aerial Systems, AgJunction, Akua Kare, Allflex, CropX, Deere & Company, DeLaval, ec2ce and Eruvaka Technologies Pvt.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Adoption of The Internet of Things (IoT) And Artificial Intelligence (AI) By Farmers and Growers
4.1.2 Strong Government Support for Promoting Use of Precision Farming Techniques
4.2 Restraints
4.2.1 High Initial Investments and High Maintenance Cost
4.2.2 Limited Technical Professionals
4.2.3 Fragmented Agriculture Industry
4.3 Opportunities
4.3.1 Growing Adoption of Drones in Agricultural Farms
4.3.2 Increasing Public-Private Partnerships
4.3.3 Integration of High-End Analytics with IoT
4.3.4 Increasing Adoption of Livestock Monitoring Solutions in Developing Countries
4.3.5 Introduction of Agriculture-Specific Smartphon
4.4 Challenges
4.4.1 Unavailability of Standardized Data Management and Data Aggregation Tools
4.4.2 Emergence and Re-Emergence of Diseases and Environmental Concerns
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Agriculture IoT Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Automation and Control Systems Irrigation Controllers Flow and Application Control Devices Global Positioning System (GPS)/GNSS devices Variable Rate Controllers
6.2.2 Sensing and Monitoring Devices Soil Sensors Water Sensors Climate Sensors Sensors for Livestock
6.2.3 Guidance and Navigation
6.2.4 Drones
6.2.5 Handheld Computers
6.2.6 Displays
6.2.7 Smart Harvesters & Forwarders
6.2.8 RFID Tags and Readers
6.2.9 LED Grow Lights
6.3 Software
7 Global Agriculture IoT Market, By Farm Size
7.1 Introduction
7.2 Large Farms
7.3 Mid-Sized
7.4 Small Farms
8 Global Agriculture IoT Market, By Application
8.1 Introduction
8.2 Precision Farming
8.2.1 Yield Monitoring
8.2.2 Field Mapping
8.2.3 Crop Scouting
8.2.4 Weather Tracking & Forecasting
8.2.5 Variable Rate Technology
8.2.6 Inventory Management
8.2.7 Financial Management
8.2.8 Other Precision Farming Applications
8.3 Smart Greenhouse
8.3.1 Ambient Environmental Monitoring
8.3.2 Yield Monitoring
8.3.3 Water & Nutrient Management
8.4 Livestock Monitoring
8.4.1 Feeding Management
8.4.2 Breeding Management
8.4.3 Behavior Monitoring and Management
8.4.4 Other
9 Global Agriculture IoT Market, By Farm Production Planning Stage
9.1 Introduction
9.2 Pre-Production Planning
9.3 Production Planning
9.4 Post-Production Planning
10 Americas’ Agriculture IoT Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe’s Agriculture IoT Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa’s Agriculture IoT Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC’s Agriculture IoT Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 Ag Leader Technology
15.2 AgEagle Aerial Systems
15.3 AgJunction
15.4 Akua Kare
15.5 Allflex
15.6 CropX
15.7 Deere & Company
15.8 DeLaval
15.9 EC2CE
15.10 Eruvaka Technologies Pvt
15.11 Farmers Edge
15.12 Gamaya
15.13 Hexagon Agriculture
15.14 InnovaSea Systems
15.15 INSITU
15.16 Komatsu Forest AB
15.17 Ponsse
15.18 PrecisionHawk
15.19 Raven Industries
15.20 Teejet Technologies Illinois
15.21 The Climate
15.22 Topcon Positioning Systems
15.23 Trimble
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • Ag Leader Technology
  • AgEagle Aerial Systems
  • AgJunction
  • Akua Kare
  • Allflex
  • CropX
  • Deere & Company
  • DeLaval
  • ec2ce
  • Eruvaka Technologies Pvt
  • Farmers Edge
  • Gamaya
  • Hexagon Agriculture
  • InnovaSea Systems
  • Komatsu Forest AB
  • Ponsse
  • PrecisionHawk
  • Raven Industries
  • Teejet Technologies Illinois
  • The Climate
  • Topcon Positioning Systems
  • Trimble