Smart Crop Monitoring Industry to Set a Steady Growth during the Forecast Period 2022-2027


Posted September 19, 2022 by bisrsrch

The smart crop monitoring market is still in an evolving phase. Increased research and development activities are underway to develop smart crop monitoring technologies and products

 
Food shortage has been a major problem across the world, driven by food wastage. Herein, smart crop monitoring plays an important factor in providing a comprehensive data analysis of the crop quality from its growth until its harvest. This enables the farmers to deliver the produce to the customer without any degradation. The market is witnessing a high demand with an aim to reduce food spoilage by inspecting crops to reach consumers in an efficient way. In addition to examining the crop health, it also includes wireless assessment of the soil, improving resource knowledge of produce among stakeholders to achieve timely decisions in the supply chain, and real-time prediction of perishable agricultural produce.

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Owing to the impending need for a better crop management and monitoring system, along with the growing emphasis on food safety, there is a considerable boost from government and regulatory bodies across the globe toward developing and installing smart crop monitoring systems and devices such as sensors, cameras, robots, and drones in agricultural fields. Embedding such systems helps to enhance the capability of agricultural equipment to detect crop conditions, improve diagnostics systems for a crop, and boost sustainable, resource-saving, and more efficient agricultural practices.

The global smart crop monitoring market is expected to contribute to increased global food production as there is no dependence on arable land and climatic conditions, and year-round crop production can be achieved through these alternative farming techniques. Several countries are taking initiatives to bring automation and sustainability in the agriculture sector to enhance profitability and bring efficiency to farming applications.

A challenge to the growth of the smart crop monitoring market is the high initial investment for achieving a medium and large-scale commercial setup. This is considered a major hindrance in adopting these alternative farming techniques, especially in developing countries. Along with the high initial cost, awareness about alternative farming techniques is somewhat limited in countries where agricultural production is low, such as countries in the Middle East region.

North America has experienced the highest market growth in smart crop monitoring. The high growth is majorly attributed to the increased adoption of technology-driven procedures, great emphasis on alternative farming techniques, and the potential of incorporating high investment equipment in the agricultural industry. In the North America region, the highest growth can be witnessed in the U.S. There is a presence of several companies and agricultural solution providers with a vast aftermarket in the country, which leads to the availability of inexpensive smart crop monitoring systems to the public.

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The pandemic’s potential impact on the adoption of technologies such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning have increased the traction of smart crop monitoring technology in the agricultural sector. Owing to the pandemic and the global shift towards digital solutions, farmers have become more aware of technology-based and internet-enabled smart crop monitoring solutions. Market players are offering upgraded smart crop monitoring solutions for further developing the efficiency and profitability of agricultural fields.

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Issued By BIS RSRCH
Country United States
Categories Agriculture , News , Research
Tags smart crop monitoring industry , smart crop monitoring industry trends , smart crop monitoring industry forecast , smart crop monitoring industry size , smart crop monitoring
Last Updated September 19, 2022