Smart Agriculture Market by Hardware & Network Platform 2016-2022 - GPS/GNSS Devices, Sensor Monitoring Systems, & Smart Dete...
11 February 2016 - 8:59PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/h62j87/smart_agriculture)
has announced the addition of the "Smart Agriculture Market by
Hardware and Network Platform (GPS/GNSS Devices, Sensor Monitoring
Systems, and Smart Detection Systems/Network Elements), Service,
Software, Application, and Geography - Global Forecast to 2022"
report to their offering.
The total market segmented on the basis of application (hardware
and network platform and services) is expected to reach USD 18.45
Billion by 2022 from USD 9.02 Billion in 2016, at a CAGR of 13.8%
between 2016 and 2022.
The increasing adoption of technology in agriculture and global
rise in the demand for food are the major drivers for the market.
Connected technology is used in precision farming, livestock
monitoring, fish farming, smart greenhouse, and others. Connected
technologies such as cloud computing, ZigBee, wireless sensor
networks, and others help in enhancing the production and yield.
Cloud computing provides real-time data of the farm land to assist
in planning, purchasing, inventory control, planting, harvesting,
and others. Sensors, irrigation control, variable rate technology
(VRT), and other technologies helps in reducing the wastage of
input and enhance the productivity of land.
GPS/GNSS is expected to hold a large share of the market in the
hardware and network platform segment of the Smart agriculture
market in 2015. GPS is used in tractor guidance, variable rate
technology (VRT), soil condition monitoring, livestock tracking,
and others. GPS technology provides various benefits in smart
agriculture such as minimizing overlapping and spraying gaps,
reducing the use of fertilizer, reducing chemical costs, and
ensuring minimal environmental impact.
The precision farming application is expected to account for the
largest share of the application segment of the smart agriculture
market. Smart agriculture optimizes the efficiency of fields and
operational practices in use. Precision farming helps growers to
break down fields into zones, creating a site-specific approach to
maximize yields and minimize input costs. Yield monitor is one of
the essential elements of precision farming, which record
site-specific yield data on the basis of moisture content observed
by sensors inside the harvester.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 IoT-Based Smart Agriculture Market, By Hardware and Network
Platform
8 IoT-Based Smart Agriculture Market, By Services
9 IoT-Based Smart Agriculture Market, By Software
10 IoT-Based Smart Agriculture Market, By Application
11 IoT-Based Smart Agriculture Market, By Geography
12 Competitive Landscape
13 Company Profiles
- AGCO Corporation
- Agjunction Inc.
- Deere & Company
- Raven Industries, Inc.
- SST Development Group, Inc.
- Semiosbio Technologies Inc.
- Trimble Navigation Limited
For more information visit
http://www.researchandmarkets.com/research/h62j87/smart_agriculture
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160211005509/en/
Research and MarketsLaura Wood, Senior
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U.S.): +353-1-481-1716Sector: Hardware, Agriculture, Car
Electronics and GPS , Sensors