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Global Agriculture IoT Market Size study, by Hardware Type, Farm Production Planning Stage, Farm Size, Application and Regional Forecasts 2021-2027

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Global Agriculture IoT Market Size study, by Hardware Type, Farm Production Planning Stage, Farm Size, Application and Regional Forecasts 2021-2027
Published: June 5, 2021 Content info:
Description

Global Agriculture IoT Market is valued approximately USD 9.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.4% over the forecast period 2021-2027. Internet of Things (IoT) is an ecosystem of connected physical objects that are accessible through the internet and have the ability to collect and transfer data over a network without manual assistance. In agriculture, it aids in continuous monitoring of the land so that precautions, if any, can be taken at early stage. It also helps in soil management such as pH level management so that farmers can sow crops accordingly. Water management can be resourcefully done using IoT with no wastage of water using sensors. Because of this, crop sales will be increased in global market and farmer can easily connect to the global market without any geographical restriction. Above mentioned advantages, coupled with growing investment in agriculture sector and increasing governmental efforts to modernize agriculture are driving the Agriculture IoT Market. According to Food and Agriculture organization, global food availability grew by 250 million tons, or 5.1 percent from 2014 and 2018, to 5.1 billion tons. The growth in food availability indicates the increase in crop yields across world. The investments, too, have increased substantially in the agriculture. According to the Department for Promotion of Industry and Internal Trade, the Indian food processing industry has cumulatively attracted FDI inflow of about USD 10.24 billion in the period of 2000-2020. The initial setup cost of IoT on agricultural field is high due to the use of many sensors and other costly technological equipment. This may act as a restraint for its growth. However, increasing innovation in agricultural IoT field with the advent of drones, robots and mobile applications acts as an opportunity for Agriculture IoT Market in subsequent decade.

Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of Agriculture IoT Market. Due to high investments in IoT technology as well as higher per capita income, North America emerged as a significant region across the world in terms of market share. Whereas, Asia-Pacific is expected to exhibit the highest growth rate for the forecast period 2021-2027 owing to the growing crop production and demand for crops as well as rising disposable income.

Major market player included in this report are:

Deere & Company

Trimble Inc.

Raven Industries

Akva Group

DeLaval (Subsidiary of Tetra Laval International, S.A.)

Agjunction

Topcon Positioning Systems

Allflex (Subsidiary of Merck & Co., Inc.)

Ponsse

Komatsu Forest

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Hardware Type:

Automation and Control Systems

Sensing and Monitoring Devices

Precision Forestry Hardware

Livestock Monitoring Hardware

Precision Aquaculture Hardware

Smart Green House Hardware

Other Agriculture Hardware

By Farm Production Planning Stage:

Pre-Production Planning

Production Planning

Post-Production Planning

By Farm-Size:

Small Farms

Medium-Sized Farms

Large Farms

By Application:

Precision Farming

Precision Forestry

Livestock Monitoring

Precision Aquaculture

Smart Greenhouse

Other Applications

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Agriculture IoT Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Agriculture IoT Market, by Hardware Type, 2019-2027 (USD Billion)
    • 1.2.2. Agriculture IoT Market, by Farm Production Planning Stage, 2019-2027 (USD Billion)
    • 1.2.3. Agriculture IoT Market, by Farm Size, 2019-2027 (USD Billion)
    • 1.2.4. Agriculture IoT Market, by Application, 2019-2027 (USD Billion)
    • 1.2.5. Agriculture IoT Market, by Region, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Agriculture IoT Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Agriculture IoT Market Dynamics

  • 3.1. Agriculture IoT Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing crop production and crop yields
      • 3.1.1.2. Governmental support for modernising agriculture
    • 3.1.2. Market Challenges
      • 3.1.2.1. High cost of initial setup of IoT
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Innovations in IoT technology such as drones and robots

Chapter 4. Global Agriculture IoT Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Agriculture IoT Market, by Hardware Type

  • 5.1. Market Snapshot
  • 5.2. Global Agriculture IoT Market by Hardware Type, Performance - Potential Analysis
  • 5.3. Global Agriculture IoT Market Estimates & Forecasts by Hardware Type 2018-2027 (USD Billion)
  • 5.4. Agriculture IoT Market, Sub Segment Analysis
    • 5.4.1. Automation and Control Systems
    • 5.4.2. Sensing and Monitoring Devices
    • 5.4.3. Precision Forestry Hardware
    • 5.4.4. Livestock Monitoring Hardware
    • 5.4.5. Precision Aquaculture Hardware
    • 5.4.6. Smart Green House Hardware
    • 5.4.7. Other Agriculture Hardware

Chapter 6. Global Agriculture IoT Market, by Farm Production Planning Stage

  • 6.1. Market Snapshot
  • 6.2. Global Agriculture IoT Market by Farm Production Planning Stage, Performance - Potential Analysis
  • 6.3. Global Agriculture IoT Market Estimates & Forecasts by Farm Production Planning Stage 2018-2027 (USD Billion)
  • 6.4. Agriculture IoT Market, Sub Segment Analysis
    • 6.4.1. Pre-Production Planning
    • 6.4.2. Production Planning
    • 6.4.3. Post-Production Planning

Chapter 7. Global Agriculture IoT Market, by Farm Size

  • 7.1. Market Snapshot
  • 7.2. Global Agriculture IoT Market by Farm Size, Performance - Potential Analysis
  • 7.3. Global Agriculture IoT Market Estimates & Forecasts by Farm Size 2018-2027 (USD Billion)
  • 7.4. Agriculture IoT Market, Sub Segment Analysis
    • 7.4.1. Small Farms
    • 7.4.2. Medium-Sized Farms
    • 7.4.3. Large Farms

Chapter 8. Global Agriculture IoT Market, by Application

  • 8.1. Market Snapshot
  • 8.2. Global Agriculture IoT Market by Application, Performance - Potential Analysis
  • 8.3. Global Agriculture IoT Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 8.4. Agriculture IoT Market, Sub Segment Analysis
    • 8.4.1. Precision Farming
    • 8.4.2. Precision Forestry
    • 8.4.3. Livestock Monitoring
    • 8.4.4. Precision Aquaculture
    • 8.4.5. Smart Greenhouse
    • 8.4.6. Other Applications

Chapter 9. Global Agriculture IoT Market, Regional Analysis

  • 9.1. Agriculture IoT Market, Regional Market Snapshot
  • 9.2. North America Agriculture IoT Market
    • 9.2.1. U.S. Agriculture IoT Market
      • 9.2.1.1. Hardware Type breakdown estimates & forecasts, 2018-2027
      • 9.2.1.2. Farm Production Planning Stage breakdown estimates & forecasts, 2018-2027
      • 9.2.1.3. Farm Size breakdown estimates & forecasts, 2018-2027
      • 9.2.1.4. Application breakdown estimates & forecasts, 2018-2027
    • 9.2.2. Canada Agriculture IoT Market
  • 9.3. Europe Agriculture IoT Market Snapshot
    • 9.3.1. U.K. Agriculture IoT Market
    • 9.3.2. Germany Agriculture IoT Market
    • 9.3.3. France Agriculture IoT Market
    • 9.3.4. Spain Agriculture IoT Market
    • 9.3.5. Italy Agriculture IoT Market
    • 9.3.6. Rest of Europe Agriculture IoT Market
  • 9.4. Asia-Pacific Agriculture IoT Market Snapshot
    • 9.4.1. China Agriculture IoT Market
    • 9.4.2. India Agriculture IoT Market
    • 9.4.3. Japan Agriculture IoT Market
    • 9.4.4. Australia Agriculture IoT Market
    • 9.4.5. South Korea Agriculture IoT Market
    • 9.4.6. Rest of Asia Pacific Agriculture IoT Market
  • 9.5. Latin America Agriculture IoT Market Snapshot
    • 9.5.1. Brazil Agriculture IoT Market
    • 9.5.2. Mexico Agriculture IoT Market
  • 9.6. Rest of The World Agriculture IoT Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Deere & Company
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Product Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Trimble Inc.
    • 10.2.3. Raven Industries
    • 10.2.4. Akva Group
    • 10.2.5. DeLaval (Subsidiary of Tetra Laval International, S.A.)
    • 10.2.6. Agjunction
    • 10.2.7. Topcon Positioning Systems
    • 10.2.8. Allflex (Subsidiary of Merck & Co., Inc.)
    • 10.2.9. Ponsse
    • 10.2.10. Komatsu Forest

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Agriculture IoT Market, report scope
  • TABLE 2. Global Agriculture IoT Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 3. Global Agriculture IoT Market estimates & forecasts by Hardware Type 2018-2027 (USD Billion)
  • TABLE 4. Global Agriculture IoT Market estimates & forecasts by Farm Production Planning Stage 2018-2027 (USD Billion)
  • TABLE 5. Global Agriculture IoT Market estimates & forecasts by Farm Size 2018-2027 (USD Billion)
  • TABLE 6. Global Agriculture IoT Market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 7. Global Agriculture IoT Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Agriculture IoT Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Agriculture IoT Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Agriculture IoT Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Agriculture IoT Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Agriculture IoT Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Agriculture IoT Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Agriculture IoT Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Agriculture IoT Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Agriculture IoT Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. U.S. Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. U.S. Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 19. U.S. Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. Canada Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. Canada Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 22. Canada Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. UK Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. UK Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. UK Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Germany Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. Germany Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. Germany Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. RoE Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. RoE Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. RoE Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. China Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. China Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. China Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. India Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. India Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. India Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Japan Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Japan Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Japan Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. RoAPAC Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. RoAPAC Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. Brazil Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. Brazil Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. Brazil Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. Mexico Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. Mexico Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. Mexico Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. RoLA Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. RoLA Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. RoLA Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Row Agriculture IoT Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Row Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Row Agriculture IoT Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. List of secondary sources, used in the study of global Agriculture IoT Market
  • TABLE 57. List of primary sources, used in the study of global Agriculture IoT Market
  • TABLE 58. Years considered for the study
  • TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Agriculture IoT Market, research methodology
  • FIG 2. Global Agriculture IoT Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Agriculture IoT Market, key trends 2020
  • FIG 5. Global Agriculture IoT Market, growth prospects 2021-2027
  • FIG 6. Global Agriculture IoT Market, porters 5 force model
  • FIG 7. Global Agriculture IoT Market, pest analysis
  • FIG 8. Global Agriculture IoT Market, value chain analysis
  • FIG 9. Global Agriculture IoT Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Agriculture IoT Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Agriculture IoT Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Agriculture IoT Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Agriculture IoT Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Agriculture IoT Market, regional snapshot 2018 & 2027
  • FIG 15. North America Agriculture IoT Market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Agriculture IoT Market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Agriculture IoT Market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Agriculture IoT Market 2018 & 2027 (USD Billion)
  • FIG 19. Global Agriculture IoT Market, company market share analysis (2020)
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