About Smart Farming
Smart farming is the application of modern information and communication technologies (ICT) in agriculture to increase crop production. In smart farming, most modern systems are used for gaining continuous sustainability, along with achieving the best of quality, quantity, and return on investment. Smart farming uses a range of technologies that include global positioning system (GPS), sensors, controllers, light emitting diode (LED) lights, software, and so on to enhance the yield of crops.
Technavio’s analysts forecast the global smart farming market to grow at a CAGR of 12.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart farming market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Smart Farming Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AGCO
• Ag Leader Technology
• DICKEY-john
• John Deere
• Raven Industries
Other prominent vendors
• Auroras
• Farmers Edge
• Iteris
• PrecisionHawk
• Precision Planting
• Trimble
Market driver
• Availability of low-cost cloud services encourages farmers to adopt smart farming
• For a full, detailed list, view our report
Market challenge
• High initial investment in smart farming technology
• For a full, detailed list, view our report
Market trend
• Big data in smart farming
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
• Market ecosystem
PART 05: MARKET LANDSCAPE
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2016
• Market size and forecast 2016-2021
• Five forces analysis
PART 07: MARKET SEGMENTATION BY PRODUCT
• Segmentation by product
• Comparison by product
• Automation and control systems – Market size and forecast 2016-2021
• Smart agriculture equipment and machinery – Market size and forecast 2016-2021
• Market opportunity by product
PART 08: MARKET SEGMENTATION BY APPLICATION
• Segmentation by application
• Comparison by application
• Soil and crop management – Market size and forecast 2016-2021
• Fleet management – Market size and forecast 2016-2021
• Storage and irrigation management – Market size and forecast 2016-2021
• Indoor farming – Market size and forecast 2016-2021
• Market opportunity by application
PART 09: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• EMEA – Market size and forecast 2016-2021
• APAC – Market size and forecast 2016-2021
• Americas – Market size and forecast 2016-2021
• Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 12: MARKET TRENDS
• Big data in smart farming
• IoT in smart farming
• Robots in agriculture
PART 13: VENDOR LANDSCAPE
• Competition overview
PART 14: VENDOR ANALYSIS
• Vendors covered
• AGCO
• Ag Leader Technology
• DICKEY-john
• John Deere
• Raven Industries
PART 15: APPENDIX
• List of abbreviations
List of Exhibits
Exhibit 01: Advantages of smart farming
Exhibit 02: Global automation and robotics market in agriculture
Exhibit 03: Global smart farming market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition – Inclusions and exclusions checklist
Exhibit 07: Market size 2016
Exhibit 08: Validation techniques employed for market sizing 2016
Exhibit 09: Global smart farming market – Market size and forecast 2016-2021 ($ mn)
Exhibit 10: Global smart farming market – Year-over-year growth 2017-2021 (%)
Exhibit 11: Five forces analysis
Exhibit 12: Global smart farming market by product – Market share 2016-2021 (%)
Exhibit 13: Comparison by product
Exhibit 14: Global smart farming market by automation and control systems – Market size and forecast 2016-2021 ($ mn)
Exhibit 15: Global smart farming market by automation and control systems – Year-over-year growth 2017-2021 (%)
Exhibit 16: Global smart farming market by smart agriculture equipment and machinery – Market size and forecast 2016-2021 ($ mn)
Exhibit 17: Global smart farming market by smart agriculture equipment and machinery – Year-over-year growth 2017-2021 (%)
Exhibit 18: Market opportunity by product
Exhibit 19: Application – Market share 2016-2021 (%)
Exhibit 20: Comparison by application
Exhibit 21: Global smart farming market by soil and crop management – Market size and forecast 2016-2021 ($ mn)
Exhibit 22: Global smart farming market by soil and crop management – Year-over-year growth 2017-2021 (%)
Exhibit 23: Global smart farming market by fleet management – Market size and forecast 2016-2021 ($ mn)
Exhibit 24: Global smart farming market by fleet management – Year-over-year growth 2017-2021 (%)
Exhibit 25: Global smart farming market by storage and irrigation management – Market size and forecast 2016-2021 ($ mn)
Exhibit 26: Global smart farming market by storage and irrigation management – Year-over-year growth 2017-2021 (%)
Exhibit 27: Global smart farming market by indoor farming – Market size and forecast 2016-2021 ($ mn)
Exhibit 28: Global smart farming market by indoor farming – Year-over-year growth 2017-2021 (%)
Exhibit 29: Market opportunity by application
Exhibit 30: Global – Market share by geography 2016-2021 (%)
Exhibit 31: Regional comparison
Exhibit 32: Smart farming market in EMEA – Market size and forecast 2016-2021 ($ mn)
Exhibit 33: Smart farming market in EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 34: Top 3 countries in EMEA
Exhibit 35: Smart farming market in APAC – Market size and forecast 2016-2021 ($ mn)
Exhibit 36: Smart farming market in APAC – Year-over-year growth 2017-2021 (%)
Exhibit 37: Top 3 countries in APAC
Exhibit 38: Smart farming market in Americas – Market size and forecast 2016-2021 ($ mn)
Exhibit 39: Smart farming market in Americas – Year-over-year growth 2017-2021 (%)
Exhibit 40: Top 3 countries in Americas
Exhibit 41: AGCO: Product portfolio
Exhibit 42: AGCO: Recent developments
Exhibit 43: Ag Leader Technology: Segments of precision farming products
Exhibit 44: Ag Leader Technology: Product portfolio
Exhibit 45: Ag Leader Technology: Recent developments
Exhibit 46: DICKEY-john: Segments of agriculture products
Exhibit 47: DICKEY-john: Product portfolio
Exhibit 48: DICKEY-john: Recent developments
Exhibit 49: John Deere: Segments of Precision Ag Technology
Exhibit 50: John Deere: Product portfolio
Exhibit 51: John Deere: Recent developments
Exhibit 52: Raven Industries: Segments of precision agriculture products
Exhibit 53: Raven Industries: Product portfolio
Exhibit 54: Raven Industries: Recent developments