The technological advancements is helping the agricultural industry to boost productivity in agricultural fields. Factors such as adoption of automated guidance and steering systems in agriculture robots and tractors, land-based recirculating aquaculture systems will help in contributing towards the adoption of smart machines for farming activities.
MARKET DYNAMICS
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Factor such as focus on livestock monitoring, deployment of AI and IoT in aquaculture farms, and need to improvise food supply system to cater rising demand of food are driving the adoption of modern machines in fields and thereby influencing the smart farming machine market growth. In addition, government support to promote advanced technologies and growth in the use of drones in agriculture farms is expected to benefit the players operating in the smart farming machine market.
MARKET SCOPE
The "Global Smart Farming Machine Market Analysis to 2028"? is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the smart farming machine market with detailed market segmentation- type, application, and geography. The global smart farming machine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart farming machine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smart farming machine market is segmented on the basis of type and application. Based on type, the smart farming machine market is segmented into manned, unmanned. On the basis of application, the smart farming machine market is segmented into soil and crop management, storage and irrigation management, indoor farming, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart farming machine market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart farming machine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smart farming machine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the smart farming machine in these regions.
MARKET PLAYERS
The reports cover key developments in the smart farming machine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from smart farming machine market are anticipated to lucrative growth opportunities in the future with the rising demand for smart farming machine in the global market. Below mentioned is the list of few companies engaged in the smart farming machine market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smart farming machine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGCO Corporation
- cultYvate
- Claas Group
- DICKEY-john
- Farmers Edge
- John Deere
- Iteris, Inc.
- PrecisionHawk
- Raven Industries
- Trimble Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.