Imaging Technology for Precision Agriculture Market by Product, Technology, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Imaging Technology for Precision Agriculture Market is forecasted to grow significantly, with a projected USD 423.16 million in 2023 at a CAGR of 12.41% and expected to reach a staggering USD 965.85 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Imaging Technology for Precision Agriculture Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Imaging Technology for Precision Agriculture Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Hardware and Software. The Hardware is further studied across Cameras and Sensors. The Hardware commanded largest market share of 67.26% in 2022, followed by Software.

Based on Technology, market is studied across Hyperspectral Technology and Multispectral Technology. The Multispectral Technology commanded largest market share of 59.97% in 2022, followed by Hyperspectral Technology.

Based on Application, market is studied across Crop Scouting, Field Mapping, Inventory Management, Irrigation Management, Weather Tracking & Forecasting, and Yield Monitoring. The Field Mapping commanded largest market share of 20.18% in 2022, followed by Weather Tracking & Forecasting.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.16% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Imaging Technology for Precision Agriculture Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Imaging Technology for Precision Agriculture Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Imaging Technology for Precision Agriculture Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Imaging Technology for Precision Agriculture Market?

4. What is the competitive strategic window for opportunities in the Global Imaging Technology for Precision Agriculture Market?

5. What are the technology trends and regulatory frameworks in the Global Imaging Technology for Precision Agriculture Market?

6. What is the market share of the leading vendors in the Global Imaging Technology for Precision Agriculture Market?

7. What modes and strategic moves are considered suitable for entering the Global Imaging Technology for Precision Agriculture Market?

Product Code: MRR-437896AA3A0B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Imaging Technology for Precision Agriculture Market, by Product, 2022 vs 2030
4.3. Imaging Technology for Precision Agriculture Market, by Technology, 2022 vs 2030
4.4. Imaging Technology for Precision Agriculture Market, by Application, 2022 vs 2030
4.5. Imaging Technology for Precision Agriculture Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing world population coupled with rising demand for food
  - 5.1.1.2. Increasing adoption of precision farming techniques
  - 5.1.1.3. Government initiatives to adopt modern agricultural techniques
- 5.1.2. Restraints
  - 5.1.2.1. High initial investment and limited technical expertise for imaging technology for precision agriculture
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of advanced technologies and algorithms with imaging technology to enhance data analysis and decision-making capabilities
  - 5.1.3.2. Growing penetration of startups in precision agriculture sectors
- 5.1.4. Challenges
  - 5.1.4.1. Integration and interoperability limitations associated with imaging technology for precision agriculture
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Imaging Technology for Precision Agriculture Market, by Product

6.1. Introduction
6.2. Hardware
- 6.2.1. Cameras
- 6.2.2. Sensors
6.3. Software

7. Imaging Technology for Precision Agriculture Market, by Technology

7.1. Introduction
7.2. Hyperspectral Technology
7.3. Multispectral Technology

8. Imaging Technology for Precision Agriculture Market, by Application

8.1. Introduction
8.2. Crop Scouting
8.3. Field Mapping
8.4. Inventory Management
8.5. Irrigation Management
8.6. Weather Tracking & Forecasting
8.7. Yield Monitoring

9. Americas Imaging Technology for Precision Agriculture Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Imaging Technology for Precision Agriculture Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Imaging Technology for Precision Agriculture Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. CropX Makes its Fourth Acquisition with Precision Irrigation Startup Tule
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Braiin Limited, a Leading Precision Agriculture Solutions and Analytics Services Company, Announces Plans to go Public via Business Combination with Northern Revival Acquisition Corporation
  - 12.3.2.2. Lindsay Corporation Announces Partnership with Ceres Imaging
  - 12.3.2.3. Cloud-Based Agritech Company, DataFarming, Bringing Pixxel's Hyperspectral Satellite Technology to Australian Farmers
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. DJI Launches the Mavic 3 Multispectral For Precision Agriculture
- 12.3.4. Investment & Funding
  - 12.3.4.1. CropX Announces Completion of USD 30 Million Series C Funding Round
  - 12.3.4.2. Proveye Secures EUR 1 Million in Seed Funding
- 12.3.5. Award, Recognition, & Expansion
  - 12.3.5.1. Ceres Imaging Expands Its Agriculture Data Analytics Solutions to Europe

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing