The global smart agriculture market is anticipated to grow from USD 12.7 billion in 2021 to USD 21.7 billion by 2027, thus projected to grow at a CAGR of 10.2% during the forecast period 2021-2027. Smart agriculture is the farming process that uses agricultural robots to automate farming processes like soil maintenance, weeding, fruit picking, harvesting, planting, and irrigation, resulting in optimizing yield and helping in preserving the resources. The smart agriculture market is projected to have substantial growth due to the adoption of advanced technologies such as artificial intelligence (AI) and the internet of things (IoT), increasing pressure on the food supply system as a result of a rapidly growing population.

The need to automate commercial greenhouses, rising implementation of Controlled Environmental Agriculture (CEA) concept in greenhouses, eliminates the threat of declining pasture and increasing crop yield, increasing population, mounting demand for fresh and high-quality food, a shift in preference of consumers, the emerging concept of innovative technologies like AI, robotics, IoT, sensors, RFID tags, and Cloud-based software, thereby driving the growth of smart agriculture market.

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The global smart agriculture market is anticipated to have growth owing to the adoption of digital screens and mobile phones to monitor agriculture farms. The rising prominence of modern technologies like AI, robots, IoT, location systems, and sensors to analyze crop’s health, adoption of RFID tags, smart greenhouse applications like LED grow lights, sensors, HVAC systems, and monitoring systems, growing demand for food globally, mounting need for livestock health will propel the growth of the smart agriculture market.

APAC is anticipated to have a high CAGR owing to the increasing adoption of smart agriculture technologies, smart irrigation controllers, and AI-based farm analytics services in the region. Moreover, there is a growing demand for automation of livestock farms and aquaculture farms that drives the smart agriculture market in the region.

DeLaval has launched the RC550 and RC700 robot collectors designed for hard floors to improve cow comfort and hoof condition. It is a unique rotary manure intake system that can process any manure without the use of additional water.

John Deere launched, AutoPath i.e., a new precision AG application that uses data captured from the first path of a field to create accurate row guidance for all subsequent field paths, regardless of the machine type or device width. AutoPath is included in the John Deere Generation 4 Automation Bundle and can be used with 4600 Command Center integrated displays or 4640 universal displays.

The prominent players in the global smart agriculture market include Trimble, Inc., DeLaval, Deere & Company, AKVA group, Afimilk Ltd., Topcon Positioning Systems, Innovasea Systems Inc., Heliospectra AB, LumiGrow, and Semios.

Source: VynZ Research