Agriculture 4.0 Market Projected to Expand at XX% CAGR Through 2026

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.

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Strategic Takeaways from the Report:

  • Market Sizing and Forecasting
  • Regulatory and Policy Influence
  • Competitive Trends and M&A Activity
  • Innovation Drivers and Disruptive Technologies
  • Investment Hotspots and Emerging Niches
  • Geographical Dynamics and Trade Flows

Agriculture 4.0 Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

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

By Software

  • Cloud Based
  • Local/Web Based

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)

By End Users

  • Livestock
  • Agro-forestry
  • Fishing
  • Aquaculture

By Region

  • North America
  • South America
  • Asia Pacific
  • Europe
  • Middle East & Africa.

The growing adoption of tools, including Variable Rate Technology (VRT), among farmers in North America for crop production is the primary factor backing the regional outlook. 

These divisions help clarify demand patterns and expected shifts.

Market Driver

The most prominent factor anticipated to drive the Global Agriculture 4.0 Market in the coming period is the rapidly increasing adoption of technologies like Variable Rate Technology (VRT), remote sensing, GPS, etc., to increase crop productivity and reduce labor overheads. In addition, the growing adoption of drones for spraying, pruning, weeding, and harvesting applications also helps farmers monitor processes at farmlands remotely, which shall gain momentum by reducing the need for manual labor & labor costs.

Agriculture 4.0 Market Competitive Snapshot from 2021-2026

The report highlights established and emerging players in the global Agriculture 4.0 Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

  • 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.

Their activities include partnerships, product launches, and geographic expansions.

Frequently Asked Questions (FAQs):

  • What industries are most impacted by this market?
  • How is technology reshaping operations and offerings?
  • Which competitors dominate the landscape?
  • What risks could disrupt market expansion?
  • How should businesses respond to demand fluctuations?

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