Agriculture IoT Market by Component (Hardware, Software, Services), Application (Precision Farming, Smart Greenhouse, Livestock Monitoring, Smart Irrigation, Others), and Geography - Global Forecast to 2027

  • Report ID:MRAGR - 104381
  • Pages: 300
  • Feb 2020
  • Formats*: PDF
  • Category: Agriculture
  • Delivery: 2 to 4 Hours

1. Introduction
    1.1. Market Definition
    1.2. Market Ecosystem
    1.3. Currency and Limitations
           1.3.1. Currency
           1.3.2. Limitations
    1.4. Key Stakeholders

2. Research Methodology
    2.1. Research Approach
    2.2. Data Collection and Validation
           2.1.1. Primary Research
           2.1.2. Secondary Research
    2.3. Market Assessment
           2.3.1. Market Size Estimation
                     2.3.1.1. Bottom-up Approach
                     2.3.1.2. Top-Down Approach
                     2.3.1.3. Growth Forecast
           2.3.2. Market Share Analysis
   2.4. Assumptions for study

3. Executive Summary
    3.1. Market Overview
    3.2. Market Analysis, by Component
    3.3. Market Analysis, by Application
    3.4. Market Analysis, by Geography
    3.5. Competitive Analysis

4. Market Insights
    4.1. Introduction
    4.2. Market Dynamics
           4.2.1. Drivers
                     4.2.1.1. Extensive government initiatives in encouraging modernized farming techniques  
                     4.2.1.2. Rise in population and increase in demand for high quality food products  
                     4.2.1.3. Shrinkage of arable lands
           4.2.2. Restraints
                     4.2.2.1. Risk associated with data security and privacy
           4.2.3. Opportunities
                     4.2.3.1. Advent of big data analytics in smart farming 
                     4.2.3.2. Computer vision for precision agriculture
           4.2.4. Challenges
                     4.2.4.1. Lack of technically skilled farmers
                     4.2.4.2 Lack of standardization in smart agriculture industry
           4.2.5. Trends
                     4.2.5.1. Increase in number of start-ups in agri-tech industry
 
5. Agriculture IoT Market, by Component
     5.1 Introduction  
     5.2 Hardware  
           5.2.1 Automation and Control Systems 
                    5.2.1.1 Irrigation Controllers
                    5.2.1.2 Flow and Application Control Devices
                    5.2.1.3 Variable Rate Controllers
           5.2.2 Sensing and Monitoring Devices 
                    5.2.2.1 Soil Sensors
                    5.2.2.2 Water Sensors
                    5.2.3.3 Climate Sensors
                    5.2.2.4 Sensors for livestock 
           5.2.3 Guidance and Navigation 
           5.2.4 Drones 
           5.2.5 Handheld Computers 
           5.2.6 Displays 
           5.2.7 Harvesters & Forwarders 
           5.2.8 RFID Tags and Readers 
           5.2.9 LED Grow Lights 
     5.3 Software  
           5.3.1  On-Premise 
           5.3.2 Cloud based 
     5.4 Services  
           5.4.1 Professional Services 
           5.4.2 Managed Services 

6. Agriculture IoT Market, by Application
    6.1. Introduction 
    6.2 Precision Farming 
          6.2.1 Yield Monitoring
          6.2.2 Field Mapping
          6.2.3 Crop Scouting
          6.2.4 Weather Tracking & Forecasting
          6.2.5 Variable Rate Technology
          6.2.6 Inventory Management
          6.2.7 Financial Management
          6.2.8 Others (Precision Forestry)
    6.3 Smart Greenhouse 
          6.3.1 Ambient Environmental Monitoring
          6.3.2 Yield Monitoring
          6.3.3 Water & Nutrient Management
    6.4 Livestock Monitoring 
          6.4.1 Feeding Management
          6.4.2 Breeding Management
          6.4.3 Behavior Monitoring and Management
          6.4.4 Others
    6.5 Smart Irrigation 
    6.6 Others 

7. Global Agriculture IoT Market, by Geography
    7.1. Introduction
    7.2. North America
           7.2.1. U.S. 
           7.2.2. Canada
    7.3. Europe
           7.3.1. Germany
           7.3.2. U.K.
           7.3.3. France
           7.3.4. Italy 
           7.3.5. Spain
           7.3.6. Rest of Europe
    7.4. Asia Pacific
           7.4.1. Japan
           7.4.2. India
           7.4.3  China
           7.4.4. South Korea
           7.4.5. Rest of Asia Pacific
    7.5. Latin America
    7.6. Middle East & Africa

8. Competitive Landscape
    8.1 Competitive Growth Strategies
          8.1.1 New Product Launches
          8.1.2. Mergers and Acquisitions
          8.1.3. Partnerships, Agreements, & Collaborations
          8.1.4. Expansion
    8.2 Market Share Analysis
    8.3 Competitive Benchmarking

9. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
    9.1. Deere and Company
    9.2. Trimble, Inc.
    9.3. AGCO Corporation 
    9.4. Raven Industries, Inc.
    9.5. Delaval Inc.
    9.6. GEA Group AG
    9.7. Agjunction
    9.8. Antelliq
    9.9. Ponsse OYJ
    9.10. Komatsu Ltd.
    9.11. Farmer’s Edge, Inc.
    9.12. The Climate Corporation
    9.13. Dickey John
    9.14. CropMetrics 

10. Appendix
    10.1. Questionnaire
    10.2. Available Customization

TABLE OF CONTENTS

Table 1   Global Agriculture IoT Market Size, by Component, 2017-2027 ($Million)
Table 2  Global IoT hardware Market Size, by Type, 2017-2027 ($Million)
Table 3  Agriculture IoT hardware Market Size, by Country/Region, 2017-2027 ($Million)
Table 4 Agriculture IoT Automation and Control Systems Market Size, by Country/Region, 2017-2027 ($Million)
Table 5 Agriculture IoT Irrigation Controllers Market Size, by Country/Region, 2017-2027 ($Million)
Table 6 Agriculture IoT Flow and Application Control Devices Market Size, by Country/Region, 2017-2027 ($Million)
Table 7 Agriculture IoT Variable Rate Controllers Market Size, by Country/Region, 2017-2027 ($Million)
Table 8 Agriculture IoT Sensing and Monitoring Devices Market Size, by Country/Region, 2017-2027 ($Million)
Table 9  Agriculture IoT Soil Sensors Market Size, by Country/Region, 2017-2027 ($Million)
Table 10 Agriculture IoT Water Sensors Market Size, by Country/Region, 2017-2027 ($Million)
Table 11 Agriculture IoT Climate Sensors Market Size, by Country/Region, 2017-2027 ($Million)
Table 12 Agriculture IoT Sensors for livestock Market Size, by Country/Region, 2017-2027 ($Million)
Table 13 Agriculture IoT Guidance and Navigation Market Size, by Country/Region, 2017-2027 ($Million)
Table 14 Agriculture IoT Drones Market Size, by Country/Region, 2017-2027 ($Million)
Table 15 Agriculture IoT Handheld Computers Market Size, by Country/Region, 2017-2027 ($Million)
Table 16 Agriculture IoT Displays Market Size, by Country/Region, 2017-2027 ($Million)
Table 17 Agriculture IoT Harvesters & Forwarders Market Size, by Country/Region, 2017-2027 ($Million)
Table 18 Agriculture IoT RFID Tags and Readers Market Size, by Country/Region, 2017-2027 ($Million)
Table 19 Agriculture IoT LED Grow Lights Market Size, by Country/Region, 2017-2027 ($Million)
Table 20 Agriculture IoT Software Market Size, by Country/Region, 2017-2027 ($Million)
Table 21 Agriculture IoT On-Premise Software Market Size, by Country/Region, 2017-2027 ($Million)
Table 22 Agriculture IoT Cloud-based Software Market Size, by Country/Region, 2017-2027 ($Million)
Table 23 Agriculture IoT Services Market Size, by Country/Region, 2017-2027 ($Million)
Table 24 Agriculture IoT Professional Services Market Size, by Country/Region, 2017-2027 ($Million)
Table 25 Agriculture IoT Managed Services Market Size, by Country/Region, 2017-2027 ($Million)
Table 26 Global Agriculture IoT Market Size, by Application, 2017-2027 ($Million)
Table 27 Agriculture IoT Market Size for Precision farming, by Country/Region, 2017-2027 ($Million)
Table 28 Agriculture IoT Market Size for Yield Monitoring, by Country/Region, 2017-2027 ($Million)
Table 29 Agriculture IoT Market Size for Field Mapping, by Country/Region, 2017-2027 ($Million)
Table 30 Agriculture IoT Market Size for Crop Scouting, by Country/Region, 2017-2027 ($Million)
Table 31 Agriculture IoT Market Size for Weather Tracking & Forecasting, by Country/Region, 2017-2027 ($Million)
Table 32 Agriculture IoT Market Size for Variable Rate Technology, by Country/Region, 2017-2027 ($Million)
Table 33 Agriculture IoT Market Size for Inventory Management, by Country/Region, 2017-2027 ($Million)
Table 34 Agriculture IoT Market Size for Financial Management, by Country/Region, 2017-2027 ($Million)
Table 35 Agriculture IoT Market Size for Others, by Country/Region, 2017-2027 ($Million)
Table 36 Agriculture IoT Market Size for Smart Greenhouse, by Country/Region, 2017-2027 ($Million)
Table 37 Agriculture IoT Market Size for Ambient Environmental Monitoring, by Country/Region, 2017-2027 ($Million)
Table 38 Agriculture IoT Market Size for Yield Monitoring, by Country/Region, 2017-2027 ($Million)
Table 39 Agriculture IoT Market Size for Water & Nutrient Management, by Country/Region, 2017-2027 ($Million)
Table 40 Agriculture IoT Market Size for Livestock Monitoring, by Country/Region, 2017-2027 ($Million)
Table 41 Agriculture IoT Market Size for Livestock Monitoring, by Country/Region, 2017- 2027($Million)
Table 42 Agriculture IoT Market Size for Feeding Management, by Country/Region, 2017-2027 ($Million)
Table 43 Agriculture IoT Market Size for Breeding Management, by Country/Region, 2017-2027 ($Million)
Table 44 Agriculture IoT Market Size for Behavior Monitoring and Management, by Country/Region, 2017-2027 ($Million)
Table 45 Agriculture IoT Market Size for Others, by Country/Region, 2017-2027 ($Million)
Table 46 Agriculture IoT Market Size for Smart Irrigation, by Country/Region, 2017-2027 ($Million)
Table 47 Agriculture IoT Market Size for Others, by Country/Region, 2017-2027 ($Million)
Table 48 Global Agriculture IoT Market, by Country/Region, 2017-2025 ($Million)
Table 49 North America: Agriculture IoT Market, by Country, 2017-2025 ($Million)
Table 50 North America: Agriculture IoT Market, by Component, 2017-2025 ($Million)
Table 51 North America: Agriculture IoT Hardware Market, by Type, 2017-2025 ($Million)
Table 52 North America: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2025 ($Million)
Table 53 North America: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2025 ($Million)
Table 54 North America: Agriculture IoT Software Market, by Type, 2017-2025 ($Million)
Table 55 North America: Agriculture IoT Services Market, by Type, 2017-2025 ($Million)
Table 56 North America: Agriculture IoT Market, by Application, 2017-2025 ($Million)
Table 57 North America: Agriculture IoT Market for Precision Farming, by Type, 2017-2025 ($Million)
Table 58 North America: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2025 ($Million)
Table 59 North America: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2025 ($Million)
Table 60 U.S.: Agriculture IoT Market, by Component, 2017-2025 ($Million)
Table 61 U.S.: Agriculture IoT Hardware Market, by Type, 2017-2025 ($Million)
Table 62 U.S.: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2025 ($Million)
Table 63 U.S.: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2025 ($Million)
Table 64 U.S.: Agriculture IoT Software Market, by Type, 2017-2025 ($Million)
Table 65 U.S.: Agriculture IoT Services Market, by Type, 2017-2025 ($Million)
Table 66 U.S.: Agriculture IoT Market, by Application, 2017-2025 ($Million)
Table 67 U.S.: Agriculture IoT Market for Precision Farming, by Type, 2017-2025 ($Million)
Table 68 U.S.: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2025 ($Million)
Table 69 U.S.: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2025 ($Million)
Table 70 Canada: Agriculture IoT Market, by Component, 2017-2025 ($Million)
Table 71 Canada: Agriculture IoT Hardware Market, by Type, 2017-2025 ($Million)
Table 72 Canada: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2025 ($Million)
Table 73 Canada: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2025 ($Million)
Table 74 Canada: Agriculture IoT Software Market, by Type, 2017-2025 ($Million)
Table 75 Canada: Agriculture IoT Services Market, by Type, 2017-2025 ($Million)
Table 76 Canada: Agriculture IoT Market, by Application, 2017-2025 ($Million)
Table 77 Canada: Agriculture IoT Market for Precision Farming, by Type, 2017-2025 ($Million)
Table 78 Canada: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 79 Canada: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 80 Europe: Agriculture IoT Market, by Country, 2017-2027 ($Million)
Table 81 Europe: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 82 Europe: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 83 Europe: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 84 Europe: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 85 Europe: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 86 Europe: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 87 Europe: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 88 Europe: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 89 Europe: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 90 Europe: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 91 U.K.: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 92 U.K.: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 93 U.K.: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 94 U.K.: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 95 U.K.: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 96 U.K.: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 97 U.K.: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 98 U.K.: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 99 U.K.: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 100 U.K.: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 101 Germany: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 102 Germany: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 103 Germany: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 104 Germany: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 105 Germany: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 106 Germany: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 107 Germany: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 108 Germany: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 109 Germany: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 110 Germany: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 111 France: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 112 France: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 113 France: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 114 France: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 115 France: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 116 France: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 117 France: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 118 France: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 119 France: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 120 France: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 121 Italy: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 122 Italy: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 123 Italy: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 124 Italy: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 125 Italy: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 126 Italy: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 127 Italy: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 128 Italy: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 129 Italy: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 130 Italy: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 131 Spain: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 132 Spain: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 133 Spain: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 134 Spain: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 135 Spain: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 136 Spain: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 137 Spain: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 138 Spain: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 139 Spain: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 140 Spain: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 141 Rest of Europe: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 142 Rest of Europe: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 143 Rest of Europe: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 144 Rest of Europe: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 145 Rest of Europe: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 146 Rest of Europe: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 147 Rest of Europe: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 148 Rest of Europe: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 149 Rest of Europe: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 150 Rest of Europe: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 151 Asia Pacific: Agriculture IoT Market, by Country, 2017-2027 ($Million)
Table 152 Asia Pacific: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 153 Asia Pacific: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 154 Asia Pacific: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 155 Asia Pacific: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 156 Asia Pacific: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 157 Asia Pacific: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 158 Asia Pacific: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 159 Asia Pacific: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 160 Asia Pacific: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 161 Asia Pacific: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 162 Japan: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 163 Japan: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 164 Japan: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 165 Japan: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 166 Japan: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 167 Japan: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 168 Japan: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 169 Japan: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 170 Japan: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 171 Japan: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 172 China: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 173 China: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 174 China: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 175 China: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 176 China: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 177 China: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 178 China: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 179 China: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 180 China: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 181 China: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 182 India: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 183 India: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 184 India: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 185 India: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 186 India: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 187 India: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 188 India: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 189 India: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 190 India: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 191 India: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 192 South Korea: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 193 South Korea: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 194 South Korea: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 195 South Korea: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 196 South Korea: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 197 South Korea: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 198 South Korea: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 199 South Korea: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 200 South Korea: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 201 South Korea: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 202 Rest of Asia Pacific: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 203 Rest of Asia Pacific: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 204 Rest of Asia Pacific: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 205 Rest of Asia Pacific: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 206 Rest of Asia Pacific: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 207 Rest of Asia Pacific: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 208 Rest of Asia Pacific: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 209 Rest of Asia Pacific: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 210 Rest of Asia Pacific: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 211 Rest of Asia Pacific: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 212 Latin America: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 213 Latin America: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 214 Latin America: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 215 Latin America: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 216 Latin America: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 217 Latin America: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 218 Latin America: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 219 Latin America: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 220 Latin America: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 221 Latin America: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)
Table 222 Middle East & Africa: Agriculture IoT Market, by Component, 2017-2027 ($Million)
Table 223 Middle East & Africa: Agriculture IoT Hardware Market, by Type, 2017-2027 ($Million)
Table 224 Middle East & Africa: Agriculture IoT Automation and Control Systems Market, by Type, 2017-2027 ($Million)
Table 225 Middle East & Africa: Agriculture IoT Sensing and Monitoring Devices Market, by Type, 2017-2027 ($Million)
Table 226 Middle East & Africa: Agriculture IoT Software Market, by Type, 2017-2027 ($Million)
Table 227 Middle East & Africa: Agriculture IoT Services Market, by Type, 2017-2027 ($Million)
Table 228 Middle East & Africa: Agriculture IoT Market, by Application, 2017-2027 ($Million)
Table 229 Middle East & Africa: Agriculture IoT Market for Precision Farming, by Type, 2017-2027 ($Million)
Table 230 Middle East & Africa: Agriculture IoT Market for Smart Greenhouse, by Type, 2017-2027 ($Million)
Table 231 Middle East & Africa: Agriculture IoT Market for Livestock Monitoring, by Type, 2017-2027 ($Million)

LIST OF FIGURES

Figure 1 Research Process
Figure 2 Key Executives Interviewed
Figure 3 Primary Research Techniques
Figure 4 Market Size Estimation
Figure 5 Key Opportunities
Figure 6 Key Adopters Of Agriculture IoT 
Figure 7 Agriculture IoT Market Overview: 2019-2027
Figure 8 Global Agriculture IoT Market, by Geography, 2017
Figure 9 Global Agriculture IoT Market Size, by Component, 2019-2027 ($Million) 
Figure 10 Global Agriculture IoT Market Size, by Application, 2019-2027 ($Million) 
Figure 11 Global Agriculture IoT Market Size, by Region, 2019-2027 ($Million) 
Figure 12 Growth Strategies Adopted by the Key Players, 2016-2019
Figure 13 Deere and Company: Financial Overview (2016-2018) 
Figure 14 Trimble, Inc: Financial Overview (2016-2018) 
Figure 15 Agco Corporation: Financial Overview (2016-2018) 
Figure 16 Raven Industries, Inc.: Financial Overview (2016-2018) 
Figure 17 Delaval, Inc.: Financial Overview (2016-2018)
Figure 18 GEA Group AG: Financial Overview (2016-2018) 
Figure 19 Agjunction .: Financial Overview (2016-2018) 
Figure 20 Ponsse OYJ: Financial Overview (2016-2018)
Figure 21 Komatsu Ltd.: Financial Overview (2016-2018) 


The global agriculture IoT market is expected to grow at a CAGR of 14.1% from 2019 to reach $34.9 billion by 2027, where Asia Pacific agriculture IoT market is expected to grow at a higher CAGR. Agriculture IoT refers to the adoption of advanced technologies for cultivating clean and sustainable farming for the masses and enhancement of productivity by optimizing fertilizer use for increasing farm efficiency. Smart farming based on IoT is thus practiced with multiple IoT sensors that collect real-time data generated in the product development phase. Owing to its advantages, the growth of Agriculture IoT market is majorly propelled by the growing use of precision farming techniques and increasing adoption of IoT and cloud-based solutions. However, factors such as risks associated with data security and lack of skilled employees for implementing IoT in agriculture are expected to restrain the growth of this market to some extent.

Extensive government initiatives in encouraging modernized farming techniques

In order to improvise precision agriculture practices, accessibility to data along with analytical capabilities is of key importance, and thus, various government organizations are taking initiatives in this direction. Many government organizations have started awareness programs, reforming policies, and tie-ups with private sector in order to facilitate smart farming in their respective region. For instance, the ‘digital transformation of Greek agriculture’, an initiative, developed by the Ministry of Digital Policy, Telecommunications and Media in collaboration with the Ministry of Agriculture, Greece, primarily based on precision farming technologies, aims to standardize farming practices in the country and allow data generated from the farms to be analyzed at data centers to help and support farmers. Moreover, the European Commission project, ‘Internet of Food & Farm 2020’, analyses the potential of IoT technologies in various sectors and has clear intentions of applying this technology in its food and farming industry.

Thus, the support provided by the government to enhance smart farming is definitely influencing farmers and driving the growth of agriculture IoT market to a considerable extent.

Rise in population and an increase in the demand for high quality food products

As the industries are looking at transforming their business operations with digitization, the proliferated use of internet of things is being observed. Moreover, according to a new United Nations data, the world population is expected to reach 9.8 billion in 2050, with population increasing by roughly 83 million every year. The food demand is projected to rise from 59% in 2019 to 98% by 2050 which would encourage farmers to either increase the amount of agricultural land to grow crops or enhance the productivity on existing agricultural lands by adopting new methods like precision farming.

The use of IoT devices for monitoring weather conditions, crop, and soil, in addition to managing livestock, dairy, and other contemporary practices, have shown results in high crop production and increased profitability. Furthermore, increase in number of distinctive solutions owing to advancements in the field of IoT, big data, and cloud computing are creating a positive impact on the growth of this market. Thus, incorporating IoT devices for various purposes in agriculture is driving the market growth.

Agriculture-IoT-Market1

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Key findings in the global agriculture IoT market study:

Precision farming is ready to create an impact in the agriculture IoT market with high growth rate

Precision farming is a farm management technique that relates to observing, measuring, and responding to inter and intra-field variability in crops while nurturing animals on field as well. Precision farming helps farmers with increased yields, profitability in production, better working conditions, increased animal welfare, and the potential to improve various aspects of environmental stewardship. Thus, precision farming contributes to the broader goal of achieving sustainability in agricultural production.

In addition, farmers, while practicing precision agriculture, use Variable Rate Application (VRA) methods to apply fertilizers spatially. Variable rate technology refers to the allowance of fertilizers, chemicals, water, and other inputs to be applied at different rates across a field without manual intervention. Being divided into two stages, namely sensor driven approach and map loaded controller approach, the sensor driven technique is subject to high demand with easy accessibility and integration with smart system.

Setting up proper weather conditions in order to monitor the fields in this new data driven agri-tech industry is one of the most important things farmers consider for their fields. Thus, the high adoption of smart agriculture with IoT and affordable prices of sensors makes it possible for farmers to better accumulate weather condition data, that in turn holds a wealth of benefits and drives the market growth.

Thus, precision agriculture technologies including steering systems, automatic machine setting, autonomous machine guidance, yield mapping, and use of advanced sensors enable farmers to reduce manual efforts, minimize overlapping costs, and gain qualitative and quantitative information to optimize crop production and enhance output. These factors will continue to drive the growth of the precision agriculture market during the forecast period.

Asia Pacific: The fastest growing market

Asia Pacific is one of the major hubs for software providers with IT industry across the region expected to flourish further. This region will continue to experience rapid growth across all facets of technology during the forecast period. The farming methodologies have been improving off-late due to the presence of several advanced solution providers in the region and rapid growth in population, thereby offering high scope of implementing IoT solutions in agriculture. Some countries in this region, such as China, India, Japan, and South Korea, are at the forefront in terms of implementing these new technologies, while others are gradually adopting the latest technology. The growth in this region is driven by increasing adoption of smart devices, growing demands of consumers for enhanced food quality, and government initiatives in promoting technology in agriculture.

Key Players

Key players operating in the global agriculture IoT market are Deere and Company (U.S.), Trimble Inc. (U.S.), AGCO Corporation (U.S.), Raven Industries (U.S.), Delaval (Sweden), GEA Group (Germany), Agjunction (U.S.), Antelliq (France), Ponsse (Finland), Komatsu Forest (Sweden), Farmer's Edge Inc. (U.S.), The Climate Corporation (U.S.), DICKEY-john (U.S.), and CropMetrics LLC (U.S.), among others.

Scope of the Report:

Market by Component

  • Introduction
  • Hardware
    • Automation and Control Systems
      • Irrigation Controllers
      • Flow and Application Control Devices
      • Variable Rate Controllers
    • Sensing and Monitoring Devices
      • Soil Sensors
      • Water Sensors
      • Climate Sensors
      • Sensors for Livestock
    • Guidance and Navigation
    • Drones
    • Handheld Computers
    • Displays
    • Harvesters & Forwarders
    • RFID Tags and Readers
    • LED Grow Lights
  • Software
    • On-Premise
    • Cloud-based
  • Services
    • Professional Services
    • Managed Services

Market by Application

  • Introduction
  • Precision Farming
    • Yield Monitoring
    • Field Mapping
    • Crop Scouting
    • Weather Tracking & Forecasting
    • Variable Rate Technology
    • Inventory Management
    • Financial Management
    • Others (Precision Forestry)
  • Smart Greenhouse
    • Ambient Environmental Monitoring
    • Yield Monitoring
    • Water & Nutrient Management
  • Livestock Monitoring
    • Feeding Management
    • Breeding Management
    • Behavior Monitoring and Management
    • Others
  • Smart Irrigation
  • Others

Market by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
  • Middle East & Africa

Key questions answered in the report:

Extensive government initiatives promoting technology adoption in agriculture

  • How does the adoption of agriculture IoT in developed regions differ from developing countries like India and China?
  • What are the different measures taken by various government bodies in order to increase precision farming practises?
  • Are there any instances regarding government awareness programs and tie-ups with private sector with respect to agriculture IoT?

Rise in population and increase in demand for high quality food products

  • How is the proliferation of IoT devices helping farmers with increasing yields?
  • What are the benefits of implementing IoT solutions in agriculture industry in order to cater to increasing food demands?

Key players dominating the agriculture IoT market

  • Who are the major players in various countries and what share of the market do they hold?
  • Who are the top competitors in this market and what strategies do they employ to gain shares?
  • Which companies have recently merged/acquired in various countries across the globe and how will these affect the competitive landscape?
  • Which companies have created partnerships and how will these partnerships promote a competitive advantage?
  • What strategies start-ups are eyeing to enter the market and claim their market share?

North America region dominates the global agriculture IoT market

  • Who are the prominent players in the North American agriculture IoT market and what are their market shares?
  • Which is the most adopted application of agriculture IoT technology in the region?
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