Smart Plantation Management System Market
Smart Plantation Management System Market & Trends Analysis Report by Type (Irrigation Systems, Plant Growth Monitoring Systems, and Harvesting Systems), by Crop (Coffee, Oilseeds, Sugarcane, Cotton, and Others), and by Component (Hardware and Software) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Smart plantation management system market is anticipated to grow at a CAGR of 5.9% during the forecast period. The increasing reliance of the agricultural sector on cloud computing, IoT technology, agricultural sensors, smart irrigation systems, and machine learning is expected to create a favourable environment for the smart plantation management systems industry. The advent of hyper-spectral imaging, 3D laser scanning, and drone-based imaging sensors interconnected through cloud platforms are expected to result in higher penetration of plantation intelligence and subsequently facilitate the implementation of smart plantation management systems across the globe.For instance, in august 2021,AeroFarms and Nokia Bell Labs unveiled a groundbreaking multi-year partnership to combine their expertise and expand their joint capabilities in cutting-edge networking, autonomous systems, and integrated machine vision and machine learning technologies to identify and track plant interactions at the most advanced levels. Nokia Bell Labs, contributes its groundbreaking autonomous drone control and orchestration systems, private wireless networks, robust image, and sensor data pipelines, and innovative artificial intelligence (AI) enabled mobile sensor technologies, that allow AeroFarms to reach the next level of imaging insights and enhanced its capabilities as akey industry operator.
Segmental Outlook
The global smart plantation management system market is segmented based on the type, crop, and component. Based on type the market is sub-segmented into irrigation systems, plant growth monitoring systems, and harvesting systems. Based on crop, the market is sub-segmented into coffee, oilseeds, sugarcane, cotton, and others. Based on components, the market is bifurcated into hardware and software. Among the crop segment, the coffee segment is anticipated to hold a prominent market share, while the market sugarcane segment is estimated to witness the fastest growth.
Among the components, the software segment is expected to grow at a favorableCAGR over the forecast period, owing to an increase in demand for smart agriculture and IoT in the agriculture sector, along with an up surge in requirement for food and related products to meet the rising demand of the growing population. According to the UN Food and Agriculture Organization projections, the nation will need to produce 70% more food by 2050. Moreover, software-based smart farming on IoT technologies allows farmers and growers to minimize waste and improve productivity. For instance, according to a BI Intelligence survey, the adoption of IoT devices in the agriculture business reached 75 million in 2020, expanding at a rate of 20% each year. Simultaneously, the global smart agricultural market is predicted to treble in size by 2025, to $15.3 billion.
Regional Outlooks
The global smart plantation management systemmarket is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).The market can be analyzed for a particular region or country level as per the requirement. Among all the regions, the North American regional market is expected to cater to a prominent growth over the forecast period. However, theAsia Pacific is expected to be the fastest-growing region during the forecast period.
Global Smart Plantation Management System Market Growth, by Region2022-2028
The Aisa-Pacific Region is Anticipated to Attaina Favorable Growth in the Smart Plantation Management System Market
Among all regions, the Asia-Pacific region is expected to be the fastest-growing region in the market over the forecast period due to the growing initiatives by the government for digitalization in the region. For instance, as per India Brand Equity Fund, in September 2021, the Union Minister of Agriculture & Farmers Welfare, initiated the Digital Agriculture Mission 2021–2025, by signing five memorandum of understanding(MoUs) with CISCO, Ninjacart, Jio Platforms Ltd., ITC Ltd., and NCDEX e-Markets Ltd. (NeML), to forward digital agriculture through pilot projects. The Digital Agriculture Mission 2021–2025 aims to support and accelerate projects based on new technologies, such asAI, blockchain, remote sensing, and GIS technology, and the use of drones and robots.
Market Players Outlook
The major companies serving the global smart plantation management system market include John & Co., , Robert Bosch GmbH, Yara International ASA, Aquaspy, Coromandel International Ltd., and others.The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in Februaury2021,iFarm with Yasai AG (Switzerland) and Logiqs B.V. (Netherlands) begun a long-term cooperation.The company involved Logiqs and iFarm as technology partners in the construction of a pilot facility, with 673 sq. m of growing area and with a design capacity of 20 tons of fresh herbs per year.Logiqs act as a supplier of automated shelving systems and iFarm supply the nutrient solution management system, climate control equipment, and the Growtune software platform which enables flow chart implementation and control over production conditions and processes.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart plantation management systemmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. John Deere Deere & Co
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Development
3.3. Robert Bosch GmbH
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Development
3.4. Yara International ASA
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Development
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Smart Plantation Management SystemsMarket by Type
4.1.1. Irrigation Systems
4.1.2. Plant Growth Monitoring Systems
4.1.3. Harvesting Systems
4.2. Global Smart Plantation Management Systems Market by Crop
4.2.1. Coffee
4.2.2. Oilseeds
4.2.3. Sugarcane
4.2.4. Cotton
4.2.5. Others
4.3. Global Smart Plantation Management Systems Market by Component
4.3.1. Hardware
4.3.2. Software
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Abaco Group UK
6.2. AG Leader Technology
6.3. Agricultural Solutions
6.4. Agroweblab Co.,Ltd.
6.5. Aquaspy
6.6. Coromandel International Ltd.
6.7. Cropmetric
6.8. DTN
6.9. Hidrosoph
6.10. Koch Ag And Energy Solutions, Llc
6.11. Netafim Ltd
6.12. Phytech
6.13. Raven Industries, Inc.
6.14. Rivulis
6.15. Semios
6.16. Synelixis SA
6.17. Teejet Technologies
6.18. Topcon Positioning Systems, Inc.
1. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL SMART IRRIGATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SMART PLANT GROWTH MONITORING MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SMART HARVESTING MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY CROP, 2021-2028 ($ MILLION)
6. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR COFFEE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBALSMART PLANTATION MANAGEMENT SYSTEMS FOR OILSEEDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR SUGARCANE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR COTTON MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR OTHERS CROP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
11. GLOBAL HARDWARE SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL SOFTWARE SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY CROP, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
18. EUROPEAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY CROP, 2021-2028 ($ MILLION)
21. EUROPEAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY CROP, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
26. REST OF THE WORLD SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY CROP, 2021-2028 ($ MILLION)
29. REST OF THE WORLD SMART PLANTATION MANAGEMENT SYSTEMS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
1. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL IRRIGATION SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SMART PLANT GROWTH MONITORNIG MANAGEMENT SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SMART HARVESTING MANAGEMENT SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY CROP, 2021 VS 2028 (%)
6. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR COFFEE MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR OILSEEDS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR SUGARCANE MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR COTTON MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS FOR OTHERS CROP MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
12. GLOBAL HARDWARE SMART PLANTATION MANAGEMENT SYSTEMSMARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SOFTWARE SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL SMART PLANTATION MANAGEMENT SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. US SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
17. UK SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SMART PLANTATION MANAGEMENT SYSTEMS MARKET SIZE, 2021-2028 ($ MILLION)
