The global Smart Farming Market is expected to reach USD 24.76 Billion by 2027, according to a new report by Emergen Research. The smart farming industry is projected to be powered by factors such as steady population growth, low supply of cultivable land, subsidies from the government, and demand for new and high-quality food.
An increasing population is making farmers face tremendous pressure to increase crop production either by making more land available to grow crops or by implementing newer techniques, such as smart farming and vertical farming. Modern farming methods face numerous obstacles, such as climate change, high labor costs. These drawbacks can be overcome by using technologies such as indoor LED farming, which creates a nature-like condition to help farmers meet the increasing demand for food. In addition, it is projected that consumer’s growing preference for healthy and fresh foods would drive demand growth over the forecast period.
The latest report on the Smart Farming market offers detailed information about the industry based on the total revenue generated for the forecast period, 2020 – 2027. The comprehensive study performs an in-depth analysis of the Smart Farming industry and lays immense emphasis on the major driving forces and restraints expected to govern the overall business for the forecast period, 2020 – 2027. Most importantly, researchers assessing the business environment take a closer look at the past and present trends as well as the future prospect to offer business owners, stakeholders and field marketing executives an intellectual understanding of the winning strategies.
To know more about the report @ https://www.emergenresearch.com/industry-report/smart-farming-market
The report also discusses the key players involved in the market such as Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.
In addition, the study on the Smart Farming market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic images, which can be easily incorporated into any business presentation.
Get Free Sample PDF Brochure @ https://www.emergenresearch.com/request-sample/2
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Smart Farming market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
Smart Farming Market segmentation
Farming Type Outlook (Revenue, USD Billion; 2017-2027)
Offerings Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Precision Farming Application
Livestock Monitoring Application
Precision Aquaculture Application
Smart Greenhouse Application
Precision Forestry Application
In market segmentation by geographical regions, the report has analysed the following regions-
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
Click here to Get customization: https://www.emergenresearch.com/request-for-customization/2
The market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research contains the details about the latest events in the Smart Farming market including but not limited to the product launches, acquisition and mergers, collaborations and technology advancements with an aim to help business evangelists, product owners and marketing personnel understand what the future demands, customer preferences, consumption volume, production capacity and supply chain management of the Smart Farming market will be like.
Take a Look at OUR Reports:
Space DC-DC Converter Market Size Worth USD 59.1 Million in 2028
Wireless Earbuds Market Size Worth USD 14.23 Billion in 2028
Battery Pack Market Size Worth USD 132.68 Billion in 2028
Gaming Mouse Market Size Worth USD 9.50 Billion by 2028
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights