Smart Agriculture Global Market Report 2023 – By Offering (Hardware, Software, Services), By Farm Size (Small, Medium, Large), By Application (Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Digital agriculture refers to the application of innovative and advanced technologies that are integrated into a single system to help farmers and other stakeholders in the agriculture value chain boost food production. Digital agriculture is used to enhance agriculture productivity and decrease production costs; prevent soil deterioration; reduce the use of chemicals in crop cultivation; and encourage efficient and effective water management. The main types of digital agriculture are crop monitoring, artificial intelligence, and precision farming. Crop monitoring refers to the digital agriculture system that closely monitors crop growth and performance during developmental stages, which is an important part of agricultural management. The various company types are tier 1–55%, tier 2–20%, and tier 3-25%. These are deployed on the cloud and on-premise. These are used in applications such as field mapping, crop scouting, weather tracking, drone analytics, financial management, farm inventory management, and other applications. The global digital agriculture market is segmented - 1) By Type: Crop Monitoring, Artificial Intelligence, Precision Farming 2) By Company Type: Tier 1-55%, Tier 2-20%, Tier 3-25% 3) By Deployment: Cloud, On-Premise 4) By Applications: Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, Other Applications The global digital agriculture market size will grow from $13.03 billion in 2022 to $14.44 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the digital agriculture is expected to grow to $21.77 billion in 2027 at a CAGR of 10.8%. The rise in the population is expected to propel the growth of the digital agriculture market going forward. The rise in population refers to the sum of the difference between births and fewer deaths; and the difference between immigrants and fewer emigrants, either all over the globe or concerning the country, territory, or geographic area. Artificial intelligence and the Internet of Things have the potential to revolutionise agriculture intelligence by increasing yields and avoiding or reducing food loss. For instance, in 2021, according to "The World Bank," a US-based international financial institution that provides loans and grants to the governments of low and middle-income countries, the world population reached 7.87 billion, up from 7.76 billion in 2020. Therefore, the rise in the population is driving the digital agriculture market growth. The major players in the digital agriculture market are Farmers Edge, IBM Corporation, Bayer AG, Deere & Company, HummingBird Technologies, AGCO Corporation, Gamaya SA, Trimble Navigation Ltd., DTN, Syngenta AG, Eurofins Scientific SE, AgriWebb, BASF SE, Raven Industries Inc., and Cisco Systems Inc. The penetration of technology and electronic devices is a key trend gaining popularity in the digital agriculture market. Major companies operating in the digital agriculture sector are focused on the penetration of technology and electronic devices to sustain their position in the market. For instance, in October 2021, CNH Industrial, a UK-based company operating in digital agriculture, launched AGXTEND, an innovative platform in Brazil. Regardless of the size of the property or the amount of output, it improves productivity and operational efficiency. It offers a real-time soil sensing system that automatically modifies implemented working parameters to deliver uniform tillage performance when used together with electro-herbicide technology. AGXTENDTM is a pioneer in the advancement of precision farming and ISOBUS technologies. In August 2021, CropX, an Israel-based aggrotech ag-analytics company, acquired Dacom Farm Intelligence for an undisclosed amount. With this acquisition, CropX acquired a significant foothold within the European region. Also, this acquisition doubles CropX's staff and dramatically expands its service region and quantity of farms, adding more than 20,000 new farms across more than 50 nations. Dacom Farm Intelligence is a Netherlands-based company engaged in digital agriculture, providing advisory services, data-driven software, and sensor equipment to customers. North America was the largest region in the digital agriculture market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this digital agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the digital agriculture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The digital agriculture market consists of revenues earned by entities by providing core and peripheral technology for agriculture. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The digital agriculture market research report is one of a series of new reports from The Business Research Company that provides digital agriculture market statistics, including digital agriculture industry global market size, regional shares, competitors with a digital agriculture market share, detailed digital agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the digital agriculture industry. This digital agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The agriculture sensor are used in smart farming to assist farmers in optimizing and monitoring crops. Agricultural sensors help farmers respond to the dynamically changing conditions of the environment. Rising global temperatures, leading to change in an environment unsuitable for crops, can already be predicted with the help of agriculture sensors. The wide range of benefits from precision agriculture includes weather forecasts, real-time farm tracking, and optimum field requirements. The main types of agriculture sensors are humidity sensors, electrochemical sensors, mechanical sensors, optical sensors, pressure sensors, water sensor, soil sensors, and location sensors. The humidity sensor market consists of sales of humidity sensors by entities (organizations, sole traders, and partnerships) that are used to check the moisture and humidity ratio of land. There are four main types of humidity sensors, namely, conductive humidity sensors, thermal conductivity sensors, optic hygrometers, and oscillating hygrometers.It has various end user industry such as manufacturing, automotive, aerospace, packaging, healthcare, electronics and other end-users.These agriculture sensors are used for soil monitoring, yield mapping and monitoring, disease detection and control, weed mapping, and other applications. The global agriculture sensor market is segmented – 1) By Sensor Type: Humidity Sensor, Electrochemical Sensor, Mechanical Sensor, Optical Sensor, Pressure Sensor, Water Sensor, Soil Sensor, Location Sensor 2) By Application: Soil Monitoring, Yield Mapping and Monitoring, Disease Detection and Control, Weed Mapping, Other Applications The global agriculture sensor market size grew from $1.49 billion in 2022 to $1.75 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global agriculture sensor is expected to grow to $3.38 billion in 2027 at a CAGR of 17.9%. The increasing adoption of smart farming practices is expected to propel the growth of the agriculture sensor market over the coming years. Agriculture sensors are widely utilized in smart farming practices for various on-field activities such as weather forecasts, measuring leaf wetness and trunk diameter, spreading pesticides as well as insecticides, and others. The advantages of the sensor over existing technologies, such as easy installation, cheaper use, minimizes pollution and global warming, and remotely controllable, have led to a rapid surge in the utilization of technologies related to sensors in agricultural applications. For instance, according to the study conducted by McKinsey Global Institute, a business and economics research wing of McKinsey, smart farming practices are expected to create up to $11 trillion in economic benefits globally by 2025. Thus, the rapid growth in the adoption of smart farming practices by agricultural communities is expected to drive the growth of agricultural sensor market during the forecast period. Major players in the agriculture sensor market are Libelium Comunicaciones Distribuidas Sl, Auroras, Acquity Agriculture, Pycno, Agsmarts Inc., Edyn, Acclima Inc., Caipos Gmbh, Vegetronix Inc., Sentek Ltd., Aquaspy Inc., CropX, AG Leader, Sol Chip Ltd., Sentera, LLC., Caipos Gmbh, dol-sensors A/S, Glana Sensors AB, Monnit Corporation, and Sensoterra. The emergence of advanced technologies is a key trend gaining popularity in the agriculture sensor market. The key players in the agriculture sensor market are focusing on developing innovative products with emerging technologies and low-cost features to meet the growing demand for smart farming technologies and solutions across the globe. For instance, in March 2021, Monnit Corporation, a USA-based manufacturer of remote monitoring and wireless sensors, launched the ALTA Soil Moisture Sensor, which alerts operators on mobile devices and computers on the location of crops or commercial landscaping to be watered. The two-in-one sensor soil moisture sensor measures both soil water tension and temperature and alerts the operator. In November 2021, Sentera, an America-based agricultural service provider acquired Insight Sensing, an America-based smart agriculture company engaged in manufacturing of precision agriculture and remote sensing research and technologies for an undisclosed amount. Through this acquisition, Sentera aims to widen the capabilities of its product portfolio and partnerships in agriculture services. North America was the largest region in the agriculture sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the agriculture sensor market share during the forecast period. The regions covered in the agriculture sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Agriculture Sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The agriculture sensor market consists of revenues earned by entities by providing agriculture sensor services such as air temperature, soil temperature at various depths, rainfall, leaf wetness, chlorophyll, wind speed, dew point temperature, wind direction. The market value includes the value of related goods sold by the service provider or included within the service offering. The agriculture sensor market also includes GPS, accelerometers, smart cameras, and pH sensors which are used in providing agriculture sensor services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The agriculture sensor market research report is one of a series of new reports from The Business Research Company that provides agriculture sensor market statistics, including agriculture sensor industry global market size, regional shares, competitors with agriculture sensor market share, detailed agriculture sensor market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture sensor industry. This agriculture sensor research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart irrigation refers to a technique that calculates the landscape's irrigation needs using meteorological or soil moisture data. It analyses weather information or measurements of soil moisture to assess the landscape's requirement for irrigation. These solutions increase irrigation effectiveness by minimising water waste while maintaining plant health and quality. The main types of smart irrigation are climate-based and sensor-based. The climate-based smart irrigation refers to devices and related services by entities that manufacture climate-based controllers used for local weather data. Climate-based controllers also known as evapotranspiration controllers work by gathering local weather information and making irrigation run-time adjustments to receive the appropriate amount of water. The different technologies include evapotranspiration, and soil moisture and involve various components such as sensors, controllers, water flow meters, software, and others. It is employed in several sectors including agriculture, golf course, residential, and others. The global smart irrigation market is segmented – 1) By Type: Climate-Based, Sensor-Based 2) By Technology: Evapotranspiration, Soil Moisture 3) By Component: Sensors, Controllers, Water Flow Meters, Software, Other Components 4) By End User: Agriculture, Golf Course, Residential, Other End Users The global smart irrigation market size will grow from $1.39 billion in 2022 to $1.63 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart irrigation market size is expected to grow to $2.9 billion in 2027 at a CAGR of 15.5%. The growth of smart cities is significantly contributing to the growth of the smart irrigation market going forward. The increase in the importance of efficient watering solutions for non-agricultural practices is the major driving factor for the growth of this market. As smart cities are being the ongoing trend in major parts of the world, they emphasize efficient management of water practices for both commercials as well as residential spaces. For instance, according to Cities Today, a US-based magazine, the number of smart city projects in 2020 grew by 14% from 2019 and is expected to increase at a faster rate in 2023 and 2024. Therefore, an increase in smart cities helps in the growth of the smart irrigation market. Major players in the smart irrigation market are AquaSpy, Calsense, Galcon, Hunter Industries, HydroPoint, Netafim, Rachio, Rain Bird Corporation, Stevens Water Monitoring Systems, The Toro Company, Weathermatic, Banyan Water, Caipos, Delta-T Devices, Jain Irrigation Systems, Manna irrigation, Orbit Irrigation, and Soil Scout. The rise in the adoption of smart technologies is considered a key trend in the smart irrigation market. Major companies operating in the market are adopting new technologies such as remote sensing to sustain their position. For instance, in 2020, Netafim, an Israeli-based company that manufactures irrigation equipment collaborated with FluroSat, a remote field sensing and analytics company. The collaboration allowed Flurostat’s remote sensing technology to combine with Netafim’s automated irrigation for improved irrigation and crop management. The unique remote sensing platform helps in determining the stress on plants by analyzing the aerial images taken. This technology is helping the farmers proactively in managing their crops. In September 2020, CropX, an Israeli-based company that manufactures smart irrigation tools has acquired Regen, for an undisclosed amount. This acquisition helped CropX to manufacture better agronomic and environmental outcomes. Also, it would enable CropX to expand its business in the New Zealand market. Regen is a New Zealand-based company that provides various smart irrigation tools. North America was the largest region in the smart irrigation market in 2022. The regions covered in the smart irrigation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart irrigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart irrigation market includes revenues earned by entities by maximize irrigation efficiency, reducing water waste, and maintaining plant health and quality. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart irrigation market research report is one of a series of new reports from The Business Research Company that provides smart irrigation market statistics, including smart irrigation industry global market size, regional shares, competitors with a smart irrigation market share, detailed smart irrigation market segments, market trends and opportunities, and any further data you may need to thrive in the smart irrigation industry. This smart irrigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sprinkler irrigation refers to a method of applying irrigation water that is similar to natural rainfall. Sprinkler irrigation is used for watering the farm, landscaping, gardens, and fields. The water received through pumps is separated by sprinklers into tiny water drops, which are sprayed uniformly across the entire soil surface. Sprinkler irrigation is considered to be one of the most technologically advanced irrigation systems. The main types of sprinkler irrigation include centre pivot irrigation systems, lateral move irrigation systems, solid set sprinkler systems, and others. Centre pivots are used to sprinkle water along the length of the system pipes. It is suitable for gardens with a single crop such as fruits and vegetables. The lateral move irrigation system is a self-propelled irrigation system. It is suitable for irrigating large rectangular areas. The main applications of sprinkler irrigation include field crops, orchard crops, landscape and turf, and others. The major uses of sprinkler irrigation can be seen in small, medium-sized, and large fields. By mobility, types of sprinkler irrigation include stationary and towable. The global sprinkler irrigation market is segmented – 1) By Type: Centre Pivot Irrigation Systems, Lateral Move Irrigation Systems, Solid Set Sprinkler Systems, Others 2) By Application: Field Crops, Orchard Crops, Landscape and Turf, Others 3) By Field Size: Small Fields, Medium-Sized Fields, Large Fields 4) By Mobility: Stationary, Towable The global sprinkler irrigation market size grew from $2.57 billion in 2022 to $2.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global sprinkler irrigation is expected to grow to $3.9 billion in 2027 at a CAGR of 9.0%. The increase in public and private support for irrigation projects in developing countries is expected to propel the growth of the sprinkler irrigation market. The public and private sectors are complementing each other in providing advisory services and information to address the needs of rural communities and farmers. According to the World Bank Group, an investment of $2 billion is required to irrigate 1 million hectares of land in southern Ukraine. Public funds along with private sector solutions are essential for addressing the financing gap for large projects. Therefore, the increasing public and private support for irrigation projects in developing countries is driving the growth of the sprinkler irrigation market. Major players in the sprinkler irrigation market are Lindsay Corporation, Jain Irrigation Systems Ltd., Valmont Industries, Rain Bird Corporation, Reinke Manufacturing Co Inc., Netafim Limited, The Toro Company, Hunter Industries, Nelson Irrigation Corporation, Rivulis Irrigation Limited, T-L Irrigation Co, Alkhorayef Group, Mahindra EPC Ltd., Elgo Irrigation Ltd., Antelco Pty Ltd., Irritec S.p.A, Orbit Irrigation Products, and Pierce Corporation. Technological advancements are a key trend gaining popularity in the sprinkler irrigation market. For instance, in 2021, Netafim India, a manufacturer of irrigation equipment, launched a new Flexi Sprinkler Kit, which provides the highest level of water distribution uniformly across the field and displays long-lasting performance. It is equipped with a robust D-Net 3D diffusion arm suitable for small as well as large fields. In February 2020, Reinke Manufacturing, a global provider of irrigation systems, acquired Ace Irrigation and Manufacturing Company for an undisclosed amount. Through this acquisition, Reinke Manufacturing aims to expand its manufacturing base across the USA. Ace Irrigation and Manufacturing Company is a US-based manufacturer of irrigation products. North America was the largest region in the sprinkler irrigation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the sprinkler irrigation market share during the forecast period. The regions covered in the sprinkler irrigation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Sprinkler Irrigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sprinkler irrigation market consists of sales of traditional spray systems, drip systems, and rotor systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sprinkler irrigation market research report is one of a series of new reports from The Business Research Company that provides sprinkler irrigation market statistics, including sprinkler irrigation industry global market size, regional shares, competitors with sprinkler irrigation market share, detailed sprinkler irrigation market segments, market trends and opportunities, and any further data you may need to thrive in the sprinkler irrigation industry. This sprinkler irrigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Micro-irrigation systems refer to a cutting-edge watering technique. With this technique, farmers can deliver water gradually, typically in the form of streams, droplets, or other discrete forms. This method is widely used because of its affordability and water efficiency. By using drippers, sprinklers, foggers, and other emitters on the surface or below the ground, water is watered using this approach. The main types of mechanisms in micro irrigation systems are drip irrigation system, sprinkler irrigation system, others. A drip irrigation system in a micro irrigation system's market is a technology that has the potential of saving and supplying water to the fields of cultivation. The different crop types include plantation crops, field crops, orchard crops, other crop types and involve various technologies such as open field, and protected cultivation. It is used in small farming, large and corporate farming, government, and other applications. The global microirrigation systems market is segmented - 1) By Mechanism: Drip Irrigation System, Sprinkler Irrigation System, Other Micro-Irrigation Systems 2) By Crop Type: Plantation Crops, Field Crops, Orchard Crops, Other Crop Types 3) By Cultivation Technology: Open Field, Protected Cultivation 4) By Application: Small Farming, Large and Corporate Farming, Government, Other Applications The global microirrigation systems market size will grow from $6.9 billion in 2022 to $7.98 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The microirrigation systems market size is expected to grow to $13.54 billion in 2027 at a CAGR of 14.1%. Growing awareness about micro-sprinkler irrigation is expected to propel the growth of the micro irrigation systems market going forward. Micro-sprinkler irrigation refers to a modern method of irrigation that helps in distributing the water evenly all over the agricultural land. For instance, according to the Economic Times, an India-based daily newspaper, for the year 2021, in India, over 20 lakh hectares of land were brought under drip and sprinkler irrigation. In addition, the National Bank for Agriculture and Rural Development allocated 10,000 crores for the development of micro-sprinkler irrigation. The government has set a target of covering 100 lakh hectares for micro-irrigation within the next 5 years. Therefore, growing awareness about micro-sprinkler irrigation is driving the growth of micro irrigation systems. Major players in the microirrigation systems market are Lindsay Corporation, The Toro Company, Rain Bird Corporation, Jain Irrigation Systems Ltd., Mahindra EPC Irrigation Limited, Hunter Industries, Netafim Limited, Irritec S.p.A., Harvel Agua India Private Limited, Nelson Irrigation Corporation, Antelco Pty Ltd., Irrigation Direct Canad, Drip Research Technology Solutions, DripWorks Inc., and Raindrip Inc. New product innovations have emerged as the key trend gaining popularity in the micro irrigation systems market. Major companies operating in the micro irrigation systems sector are focused on introducing new products to reinforce their position. For instance, in May 2021, Netafim, an Israel-based company, launched its intelligent automated filter AlphaDisc. It contains features such as concepts of product modularity and data measurement. This uses little water and energy and uniformly irrigates crops, leading to better productivity and cost savings. In July 2020, Lindsay Corp, a US-based manufacturer of micro-irrigation systems, acquired Net Irrigate, LLC, for an undisclosed amount. This acquisition helps Lindsay Corp to expand its business in the US and would also allow it to develop new products in micro-irrigation. Net Irrigate LLC is a US-based manufacturer of remote monitoring technology and also operates in micro irrigation systems. Asia-Pacific was the largest region in the microirrigation systems market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microirrigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the microirrigation systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The micro-irrigation systems market includes revenues earned by entities by spray irrigation, subsurface irrigation, bubbler irrigation, and manual irrigation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The micro-irrigation systems market research report is one of a series of new reports from The Business Research Company that provides micro-irrigation systems market statistics, including micro-irrigation systems industry global market size, regional shares, competitors with a micro-irrigation systems market share, detailed micro-irrigation systems market segments, market trends and opportunities, and any further data you may need to thrive in the micro-irrigation systems industry. This micro-irrigation systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Agricultural implements refer to tools, which are required to carry out agricultural practices to decrease human labor and improve field crop yield. The main types of agriculture implements are farm machinery and equipment, lawn and garden tractors, and home lawn and garden equipment. The farm machinery and equipment refer to the machinery that is used for the farm. The various operations include autonomous and semi-autonomous, manual. These various capacities include small, medium, and large. These are used in land development and seedbed preparation, sowing and planting, weed cultivation, plant protection, harvesting and threshing, and post-harvest and agro-processing. The global agricultural implement market is segmented - 1) By Type: Farm Machinery And Equipment, Lawn And Garden Tractor And Home Lawn And Garden Equipment 2) By Operation: Autonomous, Semi-autonmous, Manual 3) By Capacity: Small, Medium, Large 4) By Application: Land Development and Seed Bed Preparation, Sowing and Planting, Weed Cultivation, Plant Protection, Harvesting and Threshing, Post-Harvest and Agro Processing Subsegments Covered: Cotton Ginning Machinery, Feed Processing Equipment, Fertilizing Machinery, Haying Machines, Milking Machines, Planting Machines, Plows, Poultry Brooders, Feeders, And Waterers, Combines (i.e., Harvester-Threshers), Other Farm Machinery And Equipment, Push Lawn Mowers, Riding Mowers, Other Lawn And Garden Tractor And Home Lawn And Garden Equipment Manufacturing The global agricultural implement market size grew from $248.22 billion in 2022 to $266.21 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global agricultural implement is expected to grow to $342.91 billion in 2027 at a CAGR of 6.5%. The agricultural implement market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the growth of the agricultural implement market during the forecast period. Major companies in the agricultural implement market include Deere & Company, Kubota Corp, CNH Industrial NV, AGCO Corporation, EXOR Group, Claas KGaA mbH, The Toro Company, Tetra Laval International S.A, Bucher Industries AG, and Techtronic Industries Co. Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the agricultural implement market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the agriculture implement market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Farm machinery manufacturers are offering driverless tractors and robots to individual farmers and corporate farming companies. Driverless tractors and robots automate the weeding and harvesting process. They use GPS and sensors and can be controlled using a tablet or a smartphone. These technologies are known to considerably increase farm output and decrease labor costs. For instance, according to a report by Goldman Sachs, automated tractors can raise farmer revenue by more than 10% and reduce farm labor costs. Companies offering driverless tractor and robot technologies including CNH Industrial, Deere, and AGCO have already started developing such technology. The Asia-Pacific was the largest region in the agricultural implement market in 2022. North America was the second largest region of global agricultural implement market share. The regions covered in the global agricultural implement market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the agricultural implement market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The agricultural implement market consists of sales of harvesting implements, planting machines, soil cultivation implements, and irrigation machinery. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The agricultural implement market research report is one of a series of new reports from The Business Research Company that provides agricultural implement market statistics, including agricultural implement industry global market size, regional shares, competitors with an agricultural implement market share, detailed agricultural implement market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural implement industry. This agricultural implement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibers, biofuel, medicinal and other products used to sustain and enhance human life. The main types of agriculture are animal production, crop production, and rural activities. Crop production is the practise of cultivating crops for both domestic and commercial use. Wheat, maize, rice, jute, and other crops are grown on a large scale. The nature of agricultural products can be organic or conventional and are distributed through supermarkets/hypermarkets, convenience stores, e-commerce, and other channels. The global agriculture market is segmented - 1) By Type: Animal Produce, Crop Production, Rural Activities 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Milk, Honey, Meat, Wool, Egg, Skin And Hide, Live Animals, Other Animal Produce, Grain Farming, Oilseed Farming, Fruit And Nut Farming, Vegetable Farming, General Crop Farming, Greenhouse, Nursery, And Flowers, Fishing, Hunting And Trapping, Forestry And Logging, Agriculture And Forestry Services The global agriculture market size grew from $12,245.63 billion in 2022 to $13,398.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global agriculture market is expected to grow to $19,007.8 billion in 2027 at a CAGR of 9.1%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the Agricultural Outlook by the Organization for Economic Co-operation and Development (OECD) and FAO (Food and Agriculture Organization) published, global cereal production was projected to increase by 13% by 2027. Crop production, farming activities, and trade volumes will have to increase to meet the needs of the increased population. Agribusiness companies will increase acquisitions of arable land to increase crop production. Agriculture companies are expected to increase their presence and activities to meet increased demand from farming activities and increase their growth. Major companies in the agriculture market include Cargill Incorporated, Dairy Farmers of America, Bayer AG, WH Group Limited, Bunge Limited, Wens Foodstuff Group Co. Ltd., Charoen Pokphand Foods PCL, Corteva Inc., Olam International, and Land O'Lakes Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the agriculture market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. As governments imposed lockdowns, farmers faced difficulties in harvesting and marketing their produce. Also, the export of agricultural produce declined significantly as countries imposed restrictions on cross-border trade. The outbreak is expected to continue to hurt businesses throughout 2020 and into 2021. However, it is expected that the agriculture market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. A shortage of labour and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots, or agribots. Agribots are used on farmlands for pruning, weeding, and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients, and harvesting. For instance, the Energid Citrus Picking Robot System picks an orange every two seconds from a tree, thus enhancing productivity and thereby limiting the need for agricultural labor. Some of the companies providing ag robots for effective and efficient productivity in agriculture are Small Robot Company, Naio Technologies, EarthSense, HETO Agrotechnics, Harvest Automation, PrecisionHawk, BoniRob, and others. The Asia-Pacific was the largest region in the agriculture market size in 2022. North America was the second largest region in the agriculture market. The regions covered in the global agriculture industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the agriculture market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The agriculture market consists of revenues earned by entities that produce milk, honey, meat, wool, egg, skin and hide, live animals, grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse, nursery, and flowers, and other agriculture products. The agriculture market also consists of revenues earned by entities by providing services such as fishing, hunting and trapping, forestry and logging, agriculture and forestry services, and other agriculture services. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The agriculture market research report is one of a series of new reports from The Business Research Company that provides agriculture market statistics, including agriculture industry global market size, regional shares, competitors with an agriculture market share, detailed agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture industry. This agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The autonomous farm equipment refers to the equipment used for agriculture, horticulture, animal husbandry, and forestry. Within a unified framework, autonomous farming is the modelling and regulation of agricultural machinery. These farming technologies use the on-farm sensing and control power of automated farming equipment to reach agronomy-based targets. The main product types of autonomous farm equipment are tractors, harvesters, unmanned aerial vehicles (UAVs), and other product types. Harvesters refer to a machine for harvesting crops. The technologies used in autonomous farm equipment are partially autonomous and fully autonomous. The various applications involved are agriculture, horticulture, animal husbandry, forestry, and other applications. The global autonomous farm equipment market is segmented - 1) By Product Type: Tractors, Harvesters, Unmanned Aerial Vehicles (UAVs), Other Product Types 2) By Technology: Partially Autonomous, Fully Autonomous 3) By Application: Agriculture, Horticulture, Animal husbandry, Forestry, Other Applications The global autonomous farm equipment market size will grow from $67.53 billion in 2022 to $72.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global autonomous farm equipment is expected to grow to $94.59 billion in 2027 at a CAGR of 6.8%. The increasing use of autonomous tractors is a key factor driving the growth of the autonomous farm equipment market. Autonomous tractors use several sophisticated systems and sensors which would possess an effective self-driving vehicle, and by incorporating these advanced systems into run-of-the-mill farming, farmers will experience positive technological effects in the workplace. Alternatively, autonomous tractors can be set up to function as mobile hotspots to collect data from sensors in the field. Also, about 34.5% of the global demand for autonomous farm machinery will retain the 31–100 HP output Asia-Pacific of farm tractors in 2026. Therefore, the demand for autonomous tractors is expected to drive the growth of the autonomous farm equipment market. Major players in the autonomous farm equipment market are Claas KGaA GmbH, Deutz Fahr, AGCO Corporation, John Deere, Case IH, Agrobot, Autonomous Tractor Corporation, Yanmar, Iseki & Co., and Kubota. The fear of unemployment due to automation is a key factor hampering the growth of the autonomous farm equipment market. The developments in AI and robotics would have a significant impact on regular working lifestyles, comparable to the change away from agricultural societies during the industrial revolution. In the US alone, between 39 and 73 million jobs will be automated, representing approximately a third of the total workforce. A recent study estimates that as many as 800 million jobs will be lost to automation worldwide by 2030. Therefore, concerns about the rise in unemployment due to automation are expected to hinder the growth of the autonomous farm equipment market. Companies in the autonomous farm equipment market are focusing on the use of artificial intelligence (AI) for the development of farm equipment. AI enables machines to do a variety of tasks without the assistance of humans. Machines are programmed to accomplish particular activities independently after being developed with high-level computing capability. For example, in June 2020, Kubota Corporation, a Japanese multinational corporation, launched a driverless tractor, equipped with artificial intelligence and electrification technology. It is a fully autonomous tractor for smart agriculture with advanced technology. Similarly, in February 2022, Verdant Robotics, a US based company that manufactures robotics systems, has expanded its robot-as-a-service (RaaS) model with autonomous farm robot including computer vision, artificial intelligence, robotics, GPS (global positioning system)-denied navigation, chemistry, and soil and plant sciences to achieve the next generation of crop production. In August 2021, John Deere, a US-based agricultural, construction, and forestry machinery manufacturer acquired Bear Flag Robotics for a deal value of $250M. Through this acquisition, John Deere is planning to strengthen their position in the agriculture sector. Bear Flag Robotics is a US-based autonomous tractor startup. The Asia-Pacific was the largest region in the autonomous farm equipment market in 2022. North America was the second largest region in the global autonomous farm equipment market share. The regions covered in the global autonomous farm equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the autonomous farm equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The autonomous farm equipment market consists of sales of tractor mounted vertical conveyor reaper, tractor mounted combine harvester, self-propelled combine harvester, self-propelled reaper binder, groundnut digger shaker/harvester, turmeric harvester, and sugarcane harvester. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The autonomous farm equipment market research report is one of a series of new reports from The Business Research Company that provides autonomous farm equipment market statistics, including autonomous farm equipment industry global market size, regional shares, competitors with an autonomous farm equipment market share, detailed autonomous farm equipment market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous farm equipment industry. This autonomous farm equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.