Global Agriculture IoT Market Report By Offering Type (Hardware, Software, Services), By Application (Precision Farming, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring, Smart Greenhouse, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11215117
May 2021
Report Formats:
Global Agriculture IoT Market Overview 
 
The key driver impacting the Agriculture IoT market is the increasing demand for agricultural production output due to the rapidly growing population across the globe.  For instance, As per the World Population datasheet, the global population is anticipated to reach 9.9 billion by 2050, increasing over 25% from the present 2020 population of 7.8 billion. As a result, food demand is possible to increase about 59% to 98% by the year 2050. The growing population increased demand for food which necessitates the need for IoT devices for monitoring and analyzing weather conditions, the status of crops and soil. It also assists in managing livestock, dairy, and other contemporary practices that lead to high agriculture production output. Moreover, increasing government support to adopt modern agricultural techniques contributes to Agriculture IoT market demand in the coming years.
According to Value Market Research, the global Agriculture IoT market size was valued at about USD 12750 million in 2020 and is estimated to grow at a CAGR of around 10% during the forecast period 2021 to 2027.

The rising focus of farmers on livestock monitoring and disease detection is likely to augment the market demand in the forecast period. Also, growing technological advancement in the field of agriculture is positively impacting the market growth. For example, Monitoring and controlling crop irrigation systems via smartphone, Ultrasounds for livestock, Crop sensors help apply fertilizers effectively and maximize uptake. However, a fragmented agriculture industry may hamper the market in the long run. Also, the high technological cost and limited technical knowledge and skills of farmers negatively impact the market. Nonetheless, the current industry trends, such as the emergence of big data in agriculture farms and the rising adoption of drones in precision farming, are expected to offer several beneficial market opportunities to the key players.

The Agriculture IoT market is vast, with many local and global players. The Agriculture IoT market is extensive, with many regional and international players. The market leaders follow various strategies to enhance their position in the market, such as extending product portfolio, acquisitions, contracts, amalgamation, product upgrades to raise their market share globally. For Instance, In July 2019, Mitsubishi Electric Corporation launched the first diagnostic technology based on the company's proprietary Maisart artificial intelligence (AI) technology. It is the first in the world and uses machine learning to examine sensor data and then produce models. The significant players studied in the report include Deere & Company, Trimble, Raven Industries, AgJunction Inc. (AgJunction), DeLaval, GEA Farm Technology, Lely, AGCO Corporation (AGCO), AG Leader Technology, Tigercat, Antelliq, Ponsse, Komatsu Forest AB, Caterpillar, DICKEY-john Corporation, Treemetrics, and Topcon Positioning Systems.

Global Agriculture IoT Market Share

 

Know more about this report: Download free sample In this research report, the Agriculture IoT market is segmented by offering type, application, and region.

Analysis by Offering Type:
By offering type, the report is categorized into hardware, software, and services. The services segment dominates the offering type segment with over 20% share in 2020. It is due to the rising adoption of analytics services as it helps in providing the right calls and alerts on farming operations to improve the farmers’ decision-making capabilities. Moreover, the existence of many companies that provide farm data services, operation services, and farm data analytics to software companies or directly to farmers contributes to the growth of the services segment in the forecast period. 

Analysis by Application:
By application, the report is categorized into precision farming, precision forestry, livestock monitoring, fish farm monitoring, smart greenhouse, and others (horticulture and orchids). The precision farming segment dominates the application segment with over 35% share in 2020. It is due to the rising focus on improving farm efficiency and productivity. Moreover, the rise in usage of various software and hardware devices by farmers to collect farm-related data, which would help them make better decisions and increase the productivity of their lands and crops, contribute to the growth of the precision farming segment in the forecast period. 

Analysis by Region:
In the regional outlook of the global Agriculture IoT market, the Europe region is expected to hold the second-largest market share of around 20% in the forecast period. It is due to the huge adoption of smart agriculture technologies such as GNSS technology in guidance and steering, yield monitoring, crop scouting, and variable rate application. Also, Germany has a high adoption rate of technologies such as dairy cattle management, animal tracking, and other livestock monitoring technologies. Moreover, the growing demand for food , changing diets patterns, rapid changes in climate, and increasing scarcity of natural resources contributes to the tremendous market growth across Europe.

Market Segmentation covered in the Report:
By Offering Type

  • Hardware
  • Software
  • Services
 
By Application
  • Precision Farming
  • Precision Forestry
  • Livestock Monitoring
  • Fish Farm Monitoring
  • Smart Greenhouse
  • Others (Horticulture and orchids)
 
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . AGRICULTURE IOT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Offering Type
           3.7.2 By Application
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL AGRICULTURE IOT MARKET ANALYSIS BY OFFERING TYPE
       6.1 Overview by Offering Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Offering Type
       6.4 Hardware Market by Regions
       6.6 Software Market by Regions
       6.5 Services Market by Regions
 
7 . GLOBAL AGRICULTURE IOT MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Precision Farming Market by Regions
       7.5 Precision Forestry Market by Regions
       7.6 Livestock Monitoring Market by Regions
       7.7 Fish Farm Monitoring Market by Regions
       7.8 Smart Greenhouse Market by Regions
       7.9 Others Market by Regions
 
8 . GLOBAL AGRICULTURE IOT MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE AGRICULTURE IOT COMPANIES
       9.1. Agriculture Iot Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF AGRICULTURE IOT INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Deere & Company
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Trimble
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Raven Industries
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. AgJunction Inc. (AgJunction)
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. DeLaval
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. GEA Farm Technology
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Lely
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. AGCO Corporation (AGCO)
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. AG Leader Technology
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. Tigercat
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
       10.13. Antelliq
           10.13.1. Company Overview
           10.13.2. Financials
           10.13.3. Products
           10.13.4. Recent Developments
       10.14. Ponsse
           10.14.1. Company Overview
           10.14.2. Financials
           10.14.3. Products
           10.14.4. Recent Developments
       10.15. Komatsu Forest AB
           10.15.1. Company Overview
           10.15.2. Financials
           10.15.3. Products
           10.15.4. Recent Developments
       10.16. Caterpillar
           10.16.1. Company Overview
           10.16.2. Financials
           10.16.3. Products
           10.16.4. Recent Developments
       10.17. DICKEY-john Corporation
           10.17.1. Company Overview
           10.17.2. Financials
           10.17.3. Products
           10.17.4. Recent Developments
       10.18. Treemetrics
           10.18.1. Company Overview
           10.18.2. Financials
           10.18.3. Products
           10.18.4. Recent Developments
       10.19. Topcon Positioning Systems
           10.19.1. Company Overview
           10.19.2. Financials
           10.19.3. Products
           10.19.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Offering Type (USD MN)
  •  Hardware Market by Geography (USD MN)
  •  Software Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Analysis Market by Application (USD MN)
  •  Precision Farming Market by Geography (USD MN)
  •  Precision Forestry Market by Geography (USD MN)
  •  Livestock Monitoring Market by Geography (USD MN)
  •  Fish Farm Monitoring Market by Geography (USD MN)
  •  Smart Greenhouse Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Agriculture Iot Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton

 
 LIST OF FIGURES
 

  •  Research Scope of Agriculture Iot Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Agriculture Iot Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Offering Type
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Offering Type (USD MN)
  •  Hardware Market by Geography (USD MN)
  •  Software Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Global Market Analysis by Application (USD MN)
  •  Precision Farming Market by Geography (USD MN)
  •  Precision Forestry Market by Geography (USD MN)
  •  Livestock Monitoring Market by Geography (USD MN)
  •  Fish Farm Monitoring Market by Geography (USD MN)
  •  Smart Greenhouse Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020

 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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