Smart Farming Market - Growth, Trends, Covid-19 Impact, And Forecasts

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Increasing pressure on the global food supply chain due to the fast-growing population is driving the demand for the market.

The Smart Farming Market report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

An increasing population is making farmers face tremendous pressure to increase crop production either by making more land available to grow crops or by implementing newer techniques, such as smart farming and vertical farming. Modern farming methods face numerous obstacles, such as climate change, high labor costs. These drawbacks can be overcome by using technologies such as indoor LED farming, which creates a nature-like condition to help farmers meet the increasing demand for food. 

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The prominent players profiled in the report are:

Deere Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.

Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global Smart Farming market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa.

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Emergen Research has segmented the global Smart Farming Market on the basis of farming type, offerings, application, and region:

Farming Type Outlook (Revenue, USD Billion; 2017-2027)

  • Precision farming
  • Livestock monitoring
  • Smart greenhouse
  • Others

Offerings Outlook (Revenue, USD Billion; 2017-2027)

  • Hardware
  • Software
  • Services

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Precision Farming Application
  • Livestock Monitoring Application
  • Precision Aquaculture Application
  • Smart Greenhouse Application
  • Precision Forestry Application
  • Others

The report covers the analysis of the factors anticipated to drive the Global Smart Farming Market growth over the forecast period of 2020-2027. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2019 as the base year and 2017-2018 as the historical years. It puts examines drivers and restraints of the Smart Farming market and analyzes their impact on the industry throughout the forecast period.

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