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The global smart agriculture market is anticipated to have growth owing to the adoption of digital screens and mobile phones to monitor agriculture farms. The rising prominence of modern technologies like AI, robots, IoT, location systems, and sensors to analyze cropu2019s health, adoption of RFID tags, smart greenhouse applications like LED grow lights, sensors, HVAC systems, and monitoring systems, growing demand for food globally, mounting need for livestock health will propel the growth of the smart agriculture market.
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Global Smart Agriculture Market The global smart agriculture market is expected to witness a CAGR of 10.2% during the forecast period. Smart agriculture is a concept aimed to provide the agricultural industry with the infrastructure to use advanced technology. In addition, connectivity technologies such as WiFi, Zigbee, additional wireless sensors, and low-power wide-area network technology help farmers efficiently carry out a variety of agricultural activities such as harvesting, purchasing, planting, and inventory management. In addition, the increasing adoption of IoT and artificial intelligence has helped farmers to monitor cultivated land and automate irrigation processes. In addition, the introduction of advanced technology has improved organic farming, including greenhouses and vertical farming, and increased productivity.
Global Smart Agriculture Market DeLaval has launched the RC550 and RC700 robot collectors designed for hard floors to improve cow comfort and hoof condition. It is a unique rotary manure intake system that can process any manure without the use of additional water. The COVID-19 pandemic has disrupted the global supply chain that has led to food shortages and increasing inflation. The outbreak has emphasized the importance of the need to remotely access agriculture operations. Smart agriculture practices can aid farmers to recover from the losses in a short span of time, thereby bolstering the growth of the smart agriculture market.
Global Smart Agriculture Market Asia Pacific is anticipated to have a high CAGR owing to the adoption of smart farming methods, increasing government support, mounting awareness among cultivators in the region. In addition, increasing R&D expenditure from India and China will lead to the growth of smart agriculture will propel the growth in the region. Some of the major players in the global Smart Agriculture market include Trimble, Inc., DeLaval, Deere & Company, AKVA group, Afimilk Ltd., Topcon Positioning Systems, Innovasea Systems Inc., Heliospectra AB, LumiGrow, and Semios.
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