By Component (Hardware (Livestock Monitoring Hardware (RFID Tags and Readers, Sensors, Control Systems, GPS, Others (Drones)), Agriculture Hardware (Automation and Control System,......Sensing and Monitoring Devices), Forestry Hardware (Harvesters & Forwarders (UAVs/ Drones, GPS, Cameras, RFID and Sensors, Variable Rate Controllers, Others), Fish Farm Hardware (GPS/ GNSS, Sensors, Others), Green House Farming Hardware (Combined Heat and Power Systems (CHPs), Cooling Systems, Automated Irrigation Systems, pH Sensors)), Software (Cloud-Based, Local/Web Based)), By Application (Farming (Crop health assessment, Crop Monitoring & Spraying, Planting, Soil & Field analysis, Field Mapping, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, Financial Management), Forestry (Genetics and Nurseries, Silviculture and Fire Management, Harvesting Management, Inventory and logistics Management), Livestock Monitoring (Heat Stress & Fertility Management, Milk Harvesting Management, Feeding Management, Animal Health & Comfort Management, Behavior Monitoring Management, Others), Fish Farm Monitoring (Tracking and Fleet Navigation, Feeding Management, Water Quality Management, Others), Smart Green House (HVAC Management, Yield Monitoring, Water & Fertilizer Management, Lighting Management), Others (Aquaculture farming)), By End-Users (Livestock, Agro-forestry, Fishing, Aquaculture) Read more
- Environment
- Sep 2021
- 232
- PDF, Excel, PPT
According to MarkNtel Advisors, the Global Agriculture 4.0 Market is projected to grow exponentially during 2021-26. The market expansion primarily attributes to the gradually shrinking arable land, coupled with flooding population & its growing requirements for high-quality food products. According to the UN FAO, the global population is estimated to be 9.1 Billion by 2050, i.e., nearly 34% higher than today. Consequently, to feed this larger population, food production must increase by 70 percent.
In addition, the various government initiatives toward promoting modern farming techniques like the adoption of robots in farming, coupled with the introduction of advanced technologies, such as Blockchain, drones, Big Data, etc., across the agriculture sector in crop production, shall also drove the market in the coming years.
The soaring investments in agricultural technology, surging inclination toward greenhouses & indoor farming, and reducing productivity in agriculture due to droughts & floods are other crucial factors expected to augment the market expansion.
With the help of these tools, farmers can efficiently understand the soil variables, moisture levels, monitor crop health, obtain real-time field analysis using drones, etc., and suffice the burgeoning food requirements of the growing population sustainably.
Hence, the demand for Agriculture 4.0 is anticipated to rise significantly, thereby leading the global market to observe an upswing and producing profitability for the market leaders in the coming years, further states the research report, "Global Agriculture 4.0 Market Analysis, 2021."
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, Russia | |
| Asia-Pacific: China, India, Japan, South Korea | |
| South America: Brazil | |
| Middle East & Africa: Turkey, South Africa, Israel | |
| Key Companies Profiled | Trimble Inc., Deere and Company, Agco Corporation, Raven Industries, DeLaval, GEA Group, Agjunction, Antelliq, Ponsse, Komastu Forest, DJI, Granular, Hexagon Agriculture, Crop metrics, Dickey-John |
| Unit Denominations | USD Million/Billion |
Impact of Covid-19 on Global Agriculture 4.0 Market
- Last year, the Covid-19 pandemic had a balanced impact on the Global Agriculture 4.0 Market.
- Initially, the market observed a decelerating effect when the manufacturing units temporarily shut down due to the imposition of lockdown, which, in turn, led to a significantly reduced production of agriculture technology-based equipment & its consumer need.
- In addition, the lockdown & supply chain disruptions amidst the pandemic also underlined the value of local providers, thereby increasing the resilience of smaller farms.
- On the other hand, the utilization of agriculture 4.0 software tools and technology-based equipment like remote sensors surged after the upliftment of restrictions and investments in agro-bot start-ups owing to the labor shortage.
- The environmental benefits owing to travel restrictions & shut down of manufacturing units augmented a desire for more sustainable sources, requiring producers to transform conventional agriculture practices.
- Nonetheless, monitoring the existing situation of the pandemic and its effect on the market till now, it is anticipated that the demand for Agriculture 4.0 would rise exponentially and produce profitability for the market giants in the coming period.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Executive Summary
- Impact of COVID-19 on Agricultural Sector
- Expert Verbatim: What our expert says?
- Global Agriculture 4.0 Market Trends & Insights
- Global Agriculture 4.0 Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Agriculture 4.0 Business Cases by Technology
- Data Analytics
- Augment & Virtual Reality
- Artificial Intelligence
- Digital Twin
- Collaborative Robots
- Blockchain Management
- Nanotechnology
- Food haring and crowdfarming
- Global Agriculture 4.0 Market Hotspot & Opportunities
- Global Agriculture 4.0 Market Key Strategic Imperatives for Success & Growth
- Global Agriculture 4.0 Government regulations and Policy Analysis
- Global Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Hardware
- Livestock Monitoring Hardware
- RFID Tags and Readers
- Sensors
- Control Systems
- GPS
- Others (Drones)
- Agriculture Hardware
- Automation and Control Systems
- Sensing and Monitoring Devices
- Forestry Hardware
- Harvesters & Forwarders
- UAVs/ Drones
- GPS
- Cameras
- RFID and Sensors
- Variable Rate Controllers
- Others
- Fish Farm Hardware
- GPS/ GNSS
- Sensors
- Others
- Greenhouse Farming Hardware
- Combined Heat and Power Systems (CHPs)
- Cooling Systems
- Automated Irrigation Systems
- pH Sensors
- Livestock Monitoring Hardware
- By Software
- Cloud Based
- Local/Web Based
- By Hardware
- By Application
- Farming
- Crop health assessment
- Crop Monitoring and Spraying
- Planting
- Soil and Field analysis
- Field Mapping
- Weather Tracking and Forecasting
- Irrigation Management
- Inventory Management
- Farm Labor Management
- Financial Management
- Forestry
- Genetics and Nurseries
- Silviculture and Fire Management
- Harvesting Management
- Inventory and logistics Management
- Livestock Monitoring
- Heat Stress & Fertility Management
- Milk Harvesting Management
- Feeding Management
- Animal Health & Comfort Management
- Behavior Monitoring Management
- Others
- Fish Farm Monitoring
- Tracking and Fleet Navigation
- Feeding Management
- Water Quality Management
- Others
- Smart Green House
- HVAC Management
- Yield Monitoring
- Water and Fertilizer Management
- Lighting Management
- Others (Aquaculture farming)
- Farming
- By End Users
- Livestock
- Agro-forestry
- Fishing
- Aquaculture
- By Region
- North America
- South America
- Asia Pacific
- Europe
- Middle East & Africa
- By Company
- Competition Characteristics
- Market Share and Analysis
- Australia
- By Component
- Market Size and Analysis
- North America Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- By End Users
- By Region
- USA Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Canada Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Mexico Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- USA Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- South America Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- By End Users
- By Region
- Brazil Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Brazil Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- Europe Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- By End Users
- By Region
- Germany Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- UK Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- France Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Spain Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Italy Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Germany Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- Middle East & Africa Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- By End Users
- By Region
- Turkey Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- South Africa Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Israel Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Turkey Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- Asia Pacific Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- By End Users
- By Region
- India Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- China Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- South Korea Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- Japan Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- By Revenue
- Market Share and Analysis
- By Component
- By Application
- Market Size and Analysis
- India Agriculture 4.0 Market Analysis, 2016-2026F
- Market Size and Analysis
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Target Markets
- Target End Users
- Manufacturing Units
- Research & Development
- Strategic Alliance
- Strategic Initiatives
- Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
- Trimble Inc.
- Deere and Company
- Agco Corporation
- Raven Industries
- DeLaval
- GEA Group
- Agjunction
- Antelliq
- Ponsse
- Komastu Forest
- DJI
- Granular
- Hexagon Agriculture
- Crop metrics
- Dickey-John
- Others
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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