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Smart Farming Market Share, Industry Growth, Trend By 2027

  • 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.

    The global Smart Farming market has been categorized based on the product type, application, and region. Our expert analysts undertake a thorough assessment of all of the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows the interested parties to determine sectors in the global Smart Farming market with high growth prospects and understand the growth strategies adopted by leading segments during the forecast period.

    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.

    Based on the types, the Smart Farming market has been further classified based on geography, application and consumption capability. On the basis of the product application, the industry is bifurcated taking into consideration those in demand and are an outcome of technology advancement. Region-wise, the performance of the industry along with the prominent vendors operating in the geography also illuminates stakeholders, business owners, and field marketing, executives.  The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study.

    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

    The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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    Smart Farming Market segmentation

    Farming Type Outlook (Revenue, USD Billion; 2017-2027)

    Precision farming

    Livestock monitoring

    Smart greenhouse

    Others

    Offerings Outlook (Revenue, USD Billion; 2017-2027)

    Hardware

    Software

    Services

    Application Outlook (Revenue, USD Billion; 2017-2027)

    Precision Farming Application

    Livestock Monitoring Application

    Precision Aquaculture Application

    Smart Greenhouse Application

    Precision Forestry Application

    Others

    Regional Outlook (Revenue, USD Billion; 2017-2027)

    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)

    Besides exploring the company profiles of prominent market leaders, the research gather and analyses raw data on the regulatory framework, cost structure, import and export status, supply chain management and supply chain management expected to shape the trajectory of the business landscape. The researchers behind the study have further leveraged the industry-leading assessment tools to gauge the growing level of competition, recent acquisition and mergers, product launches and new entrants.

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    Table of Contents:

    Chapter 1 includes an introduction of the global Smart Farming Market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.

    Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.

    Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.

    In Chapter 4, our team has fragmented the Smart Farming market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

    Chapters 5 and 6 have laid emphasis on the Smart Farming market segmentation based on product type and application

    Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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    Read Full Press Release@ https://www.emergenresearch.com/press-release/global-smart-farming-market

    Read more details on top companies data for Smart Farming Market@ https://www.emergenresearch.com/blog/smart-farming-a-savvy-combination-of-technology-and-agriculture