Press release
Smart Agriculture Market 2018 Key Trends, Growth, Share, Size, Analysis and Forecast to 2025
smart agriculture market is estimated to reach US$ 30.01 billion by 2025 from US$ 11.30 billion in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.Get Sample Copy https://www.theinsightpartners.com/sample/TIPTE100000318/?source=Avinash-Opr
Top Key Players in Market
AGCO Corporation
Ag Junction Inc.
AG Leader Technology
Deere & Company
Raven Industries, Inc.
Semiosbio Technologies Inc.
SST Development Group, Inc.
Teejet Technologies
Topcon Precision Agriculture
Trimble Navigation Limited among others.
The future technological advancement in the smart agriculture is expected to ease out the lengthy procedures involved in crop production and also support in making the supply chain of this market more effective. The needs and wants of customer increase each passing day and to meet such rapidly increasing demands, it has become very important to adopt technologies that provide better result in less time and cost.
Key trend which will predominantly effect the market in coming year is upcoming technological advancement in this field. It is predicted that the upcoming technological advancements in this industry would enable the farmers to regulate the requirements of a crop at any explicit location and instant in a way that will be increasingly accurate, and from a distance. The companies that survive in the ecosystem would be on account of innovations and to support the development and adoption of smart agriculture techniques.
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There has been constant development in smart agriculture industry. Recently, the company John Deere introduced new crop of Worksite Pro attachments for agricultural industry. Worksite Pro is company's range of agricultural attachments. These attachments include two silage defacers (AD7 and AD11), five bale spears (AB21, AB31, AB32, AB42 and AB43), and a bale hugger (AH80). Such innovative initiatives in this field are anticipated to further encourage the growth of smart agriculture market in the coming years.
Global smart agriculture market has been categorized by Product type majorly into three categories; hardware, software and services. The hardware segment further comprises of sensors based monitoring system, smart detection systems, GPS enabled ranging system and drones. Whereas the services segment comprises of supply chain management, climate information and other (System Integration, Maintenance and Consulting Service). The software and services market is expected to witness highest growth rates, whereas the hardware segment is expected to grow at a moderate growth rate.
Some of the leading smart agriculture market players are AGCO Corporation, Ag Junction Inc., AG Leader Technology, Deere & Company, Raven Industries, Inc., Semiosbio Technologies Inc., SST Development Group, Inc., Teejet Technologies, Topcon Precision Agriculture and Trimble Navigation Limited among others.
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