Global Augmented Reality in Agriculture

Global Augmented Reality in Agriculture Market Research Report: Forecast (2021-2026)

By Component (Hardware (Head-mounted display and Smart glass, Holographic Displays, Head-up display, Handheld devices, Software (AR Visualization Software, AR Content Management System (CMS), AR Train Read more

  • Environment
  • May 2021
  • 243
  • ET55009

Market Overview

According to the MarkNtel Advisors' research report, "Global Augmented Reality in Agriculture Market Analysis, 2021," the market is likely to grow at a CAGR of around 50% in the forecast period of 2021-26. Augmented Reality (AR) in agriculture plays a versatile role in enabling field check & detection of a pest or insect. It also defines properties of soil & crops to be sown in a particular piece of land. Furthermore, it helps in knowing pest & crop conditions by looking at modern applications. Hence, these facilities are prominent factors behind the robust growth of Global Augmented Reality in the Agriculture market.

Report Coverage Details
Study Period   Historical Data: 2016-20
  Base Year: 2020
  Forecast Period: 2021-26
CAGR (2021-26)   50%
Regions Covered   North America: USA, Canada
  Europe: Germany, UK, France
  Asia-Pacific: China, India, Japan, South Korea
  South America: Brazil
  Middle East & Africa: GCC, South Africa
Key Companies Profiled Nedap CowControl, Vaderstad, Yeppar, Amazonen-Werke, Kuhn, Fendt, Claas-Group, Massey Ferguson
Unit Denominations   USD Million/Billion

Impact of COVID-19

The outbreak of COVID-19 brought labor shortages and supply chain disruptions, delaying the overall production. However, the increased farm equipment & developing AR agriculture infrastructure are likely to expand the adoption of AR technology among the farmers. Hence, the COVID-19 positively impacted the Global Augmented Reality in the Agriculture Market.

Global Augmented Reality in Agriculture Market Research Report: Forecast (2021-2026)

Market Segmentation 

Hardware Component Shall Dominate the Market 

Based on components, the market segments into hardware and software. Of both, the hardware segment is likely to dominate the global market in the forthcoming years owing to the rapidly increasing demand & applications of AR devices across various industries, especially in the agricultural sector, thereby booming the segment growth. The developments in technology bring modern equipment that further increases agricultural production & resources and results in comprehensive utilization. Hence, the hardware segment is likely to dominate the global market in the forecast years. 

Livestock to Witness Fastest Market Growth

Based on End-User industries, the Livestock segment shall witness the fastest growth in the forecast years. AR facilities allow farmers to view their fields & animals and relevant data through its applications. It enables them to take actions that can register with hand gestures or voice commands. Further, it facilitates farmers to interact with technology in the most natural way possible, making them more efficient, productive & successful in their work. It is leading the AR solution to become more farm-proof. Hence, based on these factors, the Livestock segment of the market shall attain the fastest growth in the forecast period, reveals MarkNtel Advisors in their research report, "Global Augmented Reality in Agriculture Market Analysis, 2021."

Regional Landscape

North America to Attain the Largest Market Share

North America is likely to attain the largest market share in the forecast years primarily due to the massive investments made by prominent key players of the US in immersive technological advancements to boost AR demand in the region. The governments are keen on increasing the adoption of modern farming equipment, strengthening the region's hold on the AR industry share towards agriculture. Hence, the market is likely to witness the largest share in the forecast years in the North American region.

Market Driver

The burgeoning population worldwide is increasing the pressure on the global food supply & investments for agricultural advancements to bring the most out of the farming industry. The use of AR technology in agriculture shall enable farmers to decrease crop wastage and increase production at a robust pace, resulting in fulfilling the requirements of consumers and reaching desired targets. These factors are likely to drive the Global Augmented Reality in Agriculture Market in the forecast period.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the Global Augmented Reality in Agriculture Market are Nedap CowControl, Vaderstad, Yeppar, Amazonen-Werke, Kuhn, Fendt, Claas-Group, Massey Ferguson.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Augmented Reality in Agriculture Market?
  2. What is the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Augmented Reality in Agriculture Market? 
  4.      
  5. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Augmented Reality in Agriculture Market based on the competitive benchmarking matrix?
  6. What are the key results derived from the market surveys conducted during the Global Augmented Reality in Agriculture Market study?

Market Outlook, Segmentation, and Statistics

  • Impact of COVID-19 on Global Augmented Reality in Agriculture Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Type
      • Hardware
        • Head-mounted display and Smart glass
        • Holographic Displays
        • Head up display
        • Hand-held devices (Smartphones etc.)
      • Software
        • AR Visualization Software
        • AR Content Management System (CMS)
        • AR Training Simulator Software
        •  AR SDK
    • By End-User
      • Farming
      • Livestock
      • Greenhouse
    • By Application
      • Visually Monitoring
      • Stimulated Training of New Farmers
      • Optimizing tool choice
      • Buying Livestock
      • Herd Management
    • By Region
      • North America Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • The US Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • Canada Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
      • South America Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • Brazil Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
      • Europe Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • The UK Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • Germany Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • France Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
      • Asia-Pacific Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • China Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • South Korea Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
        • Japan Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
      • The Middle East & Africa Augmented Reality in Agriculture Market Outlook, 2016-2026F (USD Million)
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • Global Augmented Reality in Agriculture Market Hotspots & Opportunities
  • Global Augmented Reality in Agriculture Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. Global Augmented Reality in Agriculture Market is likely to grow at a CAGR of around 50% in the forecast period of 2021-26

A. Nedap CowControl, Vaderstad, Yeppar, Amazonen-Werke, Kuhn, Fendt, Claas-Group, Massey Ferguson are a few leading players in the Global Augmented Reality in Agriculture Market.

A. Hardware Component is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. North America continues to grow at the highest CAGR in the forecast period of 2021-26, presenting immense opportunities for market players of the Global Augmented Reality in the Agriculture Market

A. The use of AR technology in agriculture will enable the farmers to decrease crop wastage and increase production at a robust pace, resulting in fulfilling the requirements of consumers and reaching targets. Hence, It is likely to drive the Global Augmented Reality in Agriculture Market in the forecast period.

A. The increased farm equipment & developing AR agriculture infrastructure is likely to expand the adoption of AR agriculture technology among the farmers, resulting in a positive impact from the pandemic.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Augmented Reality in Agriculture Market
  5. Global Augmented Reality in Agriculture Market Trends & Insights
  6. Global Augmented Reality in Agriculture Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Augmented Reality in Agriculture Market Hotspot & Opportunities
  8. Global Augmented Reality in Agriculture Market Regulations and Policies
  9. Global Augmented Reality in Agriculture Market Consumer Behavior Analysis
    1. Consumer Trends and Preferences
    2. Factors Affecting Buying Decision
    3. Brand Preference
  10. Global Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
        1. Hardware
          1. Head mounted display and Smart glass
          2. Holographic Displays
          3. Head up display
          4. Hand held devices (Smart phones etc.)
        2. Software
          1. AR Visualization Software
          2. AR Content Management System (CMS)
          3. AR Training Simulator Software
          4. AR SDK
      2. By End User
        1. Farming
        2. Livestock
        3. Greenhouse
      3. By Application
        1. Visually Monitoring
        2. Stimulated Training of New Farmers
        3. Optimizing tool choice
        4. Buying Livestock
        5. Herd Management
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia Pacific
        5. Middle East and Africa
      5. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  11. North America Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By End User
      3. By Application
      4. By Country
        1. The US
        2. Canada
    3. The US Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    4. Canada Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
  12. South America Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By End User
      3. By Application
      4. By Country
        1. Brazil
        2. Others
    3. Brazil Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
  13. Europe Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By End User
      3. By Application
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Others
    3. Germany Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    4. The UK Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    5. France Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
  14. Asia Pacific Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Component
      3. By End User
      4. By Application
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Others
    3. China Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    4. India Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    5. Japan Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    6. South Korea Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
  15. Middle East & Africa Augmented Reality in Agriculture Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By End User
      3. By Application
      4. By Country
        1. GCC
        2. South Africa
        3. Others
    3. GCC Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
    4. South Africa Augmented Reality in Agriculture Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenue (USD Million)
      2. Market Share & Analysis
        1. By Component
  16. Key Strategic Imperatives for Success and Growth
  17. Competition Outlook (Whichever Applicable)
    1. Competition Matrix
      1. Target Markets
      2. Research & Development
      3. Collaborations & Strategic Alliances
      4. Key Business Expansion Initiatives
      5. Business Restructuring – Mergers, Acquisitions, JVs
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Categories, Market Focused Product Category, Business Segments, Market Focused Business Segment, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Nedap CowControl
      2. Vaderstad
      3. Yeppar
      4. Amazonen-Werke
      5. Kuhn
      6. Fendt
      7. Claas-Group
      8. Massey Ferguson
  18. Disclaimer
Global Augmented Reality in Agriculture Market Segmentation