Smart Farming Market

Global Smart Farming Market – A Global and Regional Analysis Table of Content

Focus on Solution, Application, Adoption Framework and Country-Wise Analysis, Startup Analysis, Patent Analysis, Value Chain

Analysis and Forecast: 2020-2026 November 2021

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Global Smart Farming Market

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Global Smart Farming Market

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Table of Content Executive Summary .......................................................................... 23 1

Markets ..................................................................................... 31 1.1

Industry Outlook .............................................................................................. 32

1.1.1 Market Definition ......................................................................................... 32 1.1.2 Market Trends .............................................................................................. 34 1.1.2.1

Current Trends................................................................................................... 34

1.1.2.1.1

Increasing Adoption of Precision Agriculture ........................................................... 34

1.1.2.1.2

Increasing Deployment of Autonomous Equipment, Drones, and Robots .............. 35

1.1.2.1.3

Increased Awareness of Climate Smart Agriculture ................................................ 36

1.1.2.1.4

Adoption of Farm to Fork Strategy ........................................................................... 36

1.1.2.1.5

Increased Penetration of Information and Communication Technology (ICT) in Agriculture ........................................................................................................... 37

1.1.3 Ecosystem/Ongoing Programs .................................................................. 38

1.2

1.1.3.1

Consortiums and Associations .......................................................................... 38

1.1.3.2

Regulatory Bodies ............................................................................................. 42

1.1.3.3

Government Programs ...................................................................................... 43

Business Dynamics ......................................................................................... 45

1.2.1 Business Drivers ......................................................................................... 45 Economic Drivers............................................................................................... 45

1.2.1.1.1

Growing Population .................................................................................................. 45

1.2.1.1.2

Decreasing Workforce in Agriculture ....................................................................... 46

1.2.1.1.3

Rapid Urbanization .................................................................................................. 47

1.2.1.2

Surging Use of Modern Technologies in Agriculture ......................................... 48

1.2.1.3

Growing Emphasis on Sustainability ................................................................. 49

1.2.2 Business Challenges .................................................................................. 50 1.2.2.1.1

Lack of Compatible Infrastructure ............................................................................ 50

1.2.2.1.2

Reluctance to Change Due to Large Capital Investments ....................................... 51

1.2.2.1.3

Cyber Security Challenges ...................................................................................... 52

1.2.3 Business Strategies .................................................................................... 54 3 All rights reserved at BIS Research Inc.

Global Smart Farming Market

1.2.1.1

1.2.3.1

Product Development and Innovation ................................................................ 54

1.2.3.2

Market Development.......................................................................................... 54

1.2.4 Corporate Strategies ................................................................................... 55 1.2.4.1

Mergers and Acquisitions .................................................................................. 55

1.2.4.2

Partnerships, Joint Ventures, Collaborations, and Alliances ............................. 56

1.2.5 Business Opportunities .............................................................................. 57

1.3

1.2.5.1

Increasing Market Opportunities in Developing Countries ................................. 57

1.2.5.2

Increased Cloud Security ................................................................................... 57

1.2.5.3

Securing the Agriculture Value Chain with Blockchain ...................................... 58

1.2.5.4

Impact of 3D Printing on Farming ...................................................................... 59

Start-Up Landscape ......................................................................................... 60

1.3.1 Key Start-Ups in the Ecosystem ................................................................ 60 1.3.2 Funding Analysis......................................................................................... 61

2

1.3.2.1

Major Investors .................................................................................................. 61

1.3.2.2

Funding (by Technology) ................................................................................... 62

Application ................................................................................ 63 2.1

Global Smart Farming Market (by Application) ............................................. 64

2.1.1.1

Precision Irrigation ............................................................................................. 66

2.1.1.2

Yield Monitoring and Forecasting ...................................................................... 67

2.1.1.3

Variable Rate Application .................................................................................. 68

2.1.1.4

Crop Scouting .................................................................................................... 69

2.1.1.5

Record Keeping ................................................................................................. 70

2.1.1.6

Other .................................................................................................................. 70

2.1.2 Livestock Monitoring and Management .................................................... 70 2.1.2.1

Milk Harvesting .................................................................................................. 72

2.1.2.2

Animal Health Monitoring and Comfort .............................................................. 72

2.1.2.3

Feeding Management ........................................................................................ 73

2.1.2.4

Heat Stress and Fertility Monitoring ................................................................... 74

2.1.2.5

Other .................................................................................................................. 75 4

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Global Smart Farming Market

2.1.1 Precision Agriculture .................................................................................. 64

2.1.3 Indoor Farming ............................................................................................ 76 2.1.3.1

HVAC Management ........................................................................................... 77

2.1.3.2

Lighting Management ........................................................................................ 78

2.1.3.3

Plant Development Monitoring ........................................................................... 79

2.1.3.4

Other .................................................................................................................. 80

2.1.4 Aquaculture ................................................................................................. 80 2.1.4.1

Feed Management............................................................................................. 81

2.1.4.2

Aquatic Species Tracking and Navigation ......................................................... 82

2.1.4.3

Water Quality Management ............................................................................... 83

2.1.4.4

Other .................................................................................................................. 83

2.1.5 Other Applications ...................................................................................... 83 2.2

3

Demand Analysis Global Smart Farming Market (by Application) .............. 84

Products .................................................................................... 87 3.1

Global Smart Farming Market (by Solution) .................................................. 88

3.1.1 Hardware Systems ...................................................................................... 90 Automation and Control Systems ...................................................................... 90

3.1.1.1.1

Displays/Yield Monitors ............................................................................................ 91

3.1.1.1.2

Flow and Application Rate Control Valves ............................................................... 91

3.1.1.1.3

Handheld Computers/Mobile Devices ..................................................................... 92

3.1.1.1.4

Agricultural Cameras ............................................................................................... 93

3.1.1.1.5

Others ...................................................................................................................... 93

3.1.1.2

Sensing and Navigation Systems ...................................................................... 94

3.1.1.2.1

Sensing Systems ..................................................................................................... 94

3.1.1.2.2

GPS/GNSS Systems ............................................................................................... 95

3.1.1.2.3

Guidance and Steering Systems ............................................................................. 95

3.1.1.2.4

RFID Tags and Readers .......................................................................................... 96

3.1.1.3

Indoor Farming Equipment ................................................................................ 97

3.1.1.3.1

Climate Control Systems ......................................................................................... 97

3.1.1.3.2

LED Grow Lights ...................................................................................................... 98

3.1.1.3.3

Others ...................................................................................................................... 99 5

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Global Smart Farming Market

3.1.1.1

3.1.1.4

Other Hardware Systems .................................................................................. 99

3.1.2 Software ..................................................................................................... 100 3.1.2.1

On-Cloud Delivery Model ................................................................................. 101

3.1.2.2

On-Premise Delivery Model ............................................................................. 101

3.1.3 Services...................................................................................................... 101 3.1.3.1

Integration and Deployment............................................................................. 102

3.1.3.2

Maintenance and Support................................................................................ 102

3.1.3.3

Other Services ................................................................................................. 103

3.2

Demand Analysis Global Smart Farming Market (by Solution) ................. 103

3.3

Patent Analysis .............................................................................................. 105

3.4

3.3.1.1

Patent Analysis (by Solution Type) .................................................................. 106

3.3.1.2

Patent Analysis (by Application) ...................................................................... 106

3.3.1.3

Patent Analysis (by Patent Office) ................................................................... 107

3.3.1.4

Patent Analysis (by Organization) ................................................................... 108

Adoption Analysis ......................................................................................... 109

3.4.1 Trends in Agriculture Industry ................................................................. 109 3.4.2 Gap Analysis .............................................................................................. 110 3.4.3 Adoption Scenarios................................................................................... 112 3.5

Technology Roadmap ................................................................................... 114

3.5.1 Timeline of Agricultural Evolution ........................................................... 114 3.6

4

Value Chain Analysis .................................................................................... 115

Region ..................................................................................... 116 4.1

North America ................................................................................................ 119

4.1.1.1

Key Companies in North America .................................................................... 119

4.1.1.2

Business Drivers .............................................................................................. 119

4.1.1.3

Business Challenges ....................................................................................... 120

4.1.2 Application ................................................................................................. 120 4.1.2.1

North America Smart Farming Market (by Application) ................................... 120

4.1.3 Product ....................................................................................................... 121 6 All rights reserved at BIS Research Inc.

Global Smart Farming Market

4.1.1 Market ......................................................................................................... 119

4.1.3.1

North America Smart Farming Market (by Solution) ........................................ 121

4.1.4 North America Smart Farming Market (by Country) ............................... 121 4.1.4.1

U.S. .................................................................................................................. 122

4.1.4.1.1

Market .................................................................................................................... 122

4.1.4.1.1.1 Buyer Attributes .............................................................................................. 122 4.1.4.1.1.2 Business Challenges ...................................................................................... 122 4.1.4.1.1.3 Business Drivers ............................................................................................. 123

4.1.4.2

Canada ............................................................................................................ 123

4.1.4.2.1

Market .................................................................................................................... 123

4.1.4.2.1.1 Buyer Attributes .............................................................................................. 123 4.1.4.2.1.2 Business Challenges ...................................................................................... 123 4.1.4.2.1.3 Business Drivers ............................................................................................. 124

4.1.4.3

Mexico ............................................................................................................. 124

4.1.4.3.1

Market .................................................................................................................... 124

4.1.4.3.1.1 Buyer Attributes .............................................................................................. 124 4.1.4.3.1.2 Business Challenges ...................................................................................... 124 4.1.4.3.1.3 Business Drivers ............................................................................................. 125

4.2

Europe ............................................................................................................ 127

4.2.1 Market ......................................................................................................... 127 4.2.1.1

Key Companies in Europe ............................................................................... 127

4.2.1.2

Business Drivers .............................................................................................. 127

4.2.1.3

Business Challenges ....................................................................................... 128

4.2.2 Application ................................................................................................. 128 Europe Smart Farming Market (by Application) ............................................... 128

4.2.3 Product ....................................................................................................... 128 4.2.3.1

Europe Smart Farming Market (by Solution) ................................................... 128

4.2.4 Europe Smart Farming Market (by Country) ........................................... 129 4.2.4.1

Germany .......................................................................................................... 130

4.2.4.1.1

Market .................................................................................................................... 130

4.2.4.1.1.1 Buyer Attributes .............................................................................................. 130 7 All rights reserved at BIS Research Inc.

Global Smart Farming Market

4.2.2.1

4.2.4.1.1.2 Business Challenges ...................................................................................... 130 4.2.4.1.1.3 Business Drivers ............................................................................................. 130

4.2.4.2

France.............................................................................................................. 131

4.2.4.2.1

Market .................................................................................................................... 131

4.2.4.2.1.1 Buyer Attributes .............................................................................................. 131 4.2.4.2.1.2 Business Challenges ...................................................................................... 131 4.2.4.2.1.3 Business Drivers ............................................................................................. 131

4.2.4.3

Netherlands ..................................................................................................... 132

4.2.4.3.1

Market .................................................................................................................... 132

4.2.4.3.1.1 Buyer Attributes .............................................................................................. 132 4.2.4.3.1.2 Business Challenges ...................................................................................... 132 4.2.4.3.1.3 Business Drivers ............................................................................................. 132

4.2.4.4

Italy .................................................................................................................. 133

4.2.4.4.1

Market .................................................................................................................... 133

4.2.4.4.1.1 Buyer Attributes .............................................................................................. 133 4.2.4.4.1.2 Business Challenges ...................................................................................... 133 4.2.4.4.1.3 Business Drivers ............................................................................................. 133

4.2.4.5

Spain................................................................................................................ 134

4.2.4.5.1

Market .................................................................................................................... 134

4.2.4.5.1.1 Buyer Attributes .............................................................................................. 134 4.2.4.5.1.2 Business Challenges ...................................................................................... 134 4.2.4.5.1.3 Business Drivers ............................................................................................. 134

Rest-of- Europe ............................................................................................... 135

4.2.4.6.1

Market .................................................................................................................... 135

4.2.4.6.1.1 Buyer Attributes .............................................................................................. 135

4.3

U.K. ................................................................................................................. 137

4.3.1 Market ......................................................................................................... 137 4.3.1.1

Buyer Attributes ............................................................................................... 137

4.3.1.2

Key Companies in the U.K. .............................................................................. 137

4.3.1.3

Business Drivers .............................................................................................. 137 8

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Global Smart Farming Market

4.2.4.6

4.3.1.4

Business Challenges ....................................................................................... 138

4.3.2 Application ................................................................................................. 138 4.3.2.1

U.K. Smart Farming Market (by Application) ................................................... 138

4.3.3 Product ....................................................................................................... 138 4.3.3.1

4.4

U.K. Smart Farming Market (by Solution) ........................................................ 138

China ............................................................................................................... 141

4.4.1 Market ......................................................................................................... 141 4.4.1.1

Buyer Attributes ............................................................................................... 141

4.4.1.2

Key Companies in China ................................................................................. 141

4.4.1.3

Business Drivers .............................................................................................. 141

4.4.1.4

Business Challenges ....................................................................................... 142

4.4.2 Application ................................................................................................. 142 4.4.2.1

China Smart Farming Market (by Application) ................................................. 142

4.4.3 Product ....................................................................................................... 143 4.4.3.1

4.5

China Smart Farming Market (by Solution) ..................................................... 143

Asia-Pacific and Japan .................................................................................. 145

4.5.1 Market ......................................................................................................... 145 4.5.1.1

Key Companies in the Asia-Pacific and Japan ................................................ 145

4.5.1.2

Business Drivers .............................................................................................. 145

4.5.1.3

Business Challenges ....................................................................................... 145

4.5.2 Application ................................................................................................. 146 4.5.2.1

Asia-Pacific and Japan Smart Farming Market (by Application) ...................... 146

4.5.3 Product ....................................................................................................... 146 Asia-Pacific and Japan Smart Farming Market (by Solution) .......................... 146

4.5.4 Asia-Pacific and Japan Smart Farming Market (by Country) ................ 147 4.5.4.1

Japan ............................................................................................................... 148

4.5.4.1.1

Market .................................................................................................................... 148

4.5.4.1.1.1 Buyer Attributes .............................................................................................. 148 4.5.4.1.1.2 Business Challenges ...................................................................................... 148 4.5.4.1.1.3 Business Drivers ............................................................................................. 148 9 All rights reserved at BIS Research Inc.

Global Smart Farming Market

4.5.3.1

4.5.4.2

India ................................................................................................................. 149

4.5.4.2.1

Market .................................................................................................................... 149

4.5.4.2.1.1 Buyer Attributes .............................................................................................. 149 4.5.4.2.1.2 Business Challenges ...................................................................................... 149 4.5.4.2.1.3 Business Drivers ............................................................................................. 149

4.5.4.3

Australia and New Zealand .............................................................................. 150

4.5.4.3.1

Market .................................................................................................................... 150

4.5.4.3.1.1 Buyer Attributes .............................................................................................. 150 4.5.4.3.1.2 Business Challenges ...................................................................................... 150 4.5.4.3.1.3 Business Drivers ............................................................................................. 150

4.5.4.4

Thailand ........................................................................................................... 151

4.5.4.4.1

Market .................................................................................................................... 151

4.5.4.4.1.1 Buyer Attributes .............................................................................................. 151 4.5.4.4.1.2 Business Challenges ...................................................................................... 151 4.5.4.4.1.3 Business Drivers ............................................................................................. 151

4.5.4.5

South Korea ..................................................................................................... 152

4.5.4.5.1

Market .................................................................................................................... 152

4.5.4.5.1.1 Buyer Attributes .............................................................................................. 152 4.5.4.5.1.2 Business Challenges ...................................................................................... 152 4.5.4.5.1.3 Business Drivers ............................................................................................. 152

4.5.4.6

Rest-of-Asia-Pacific and Japan ....................................................................... 153

4.5.4.6.1

Market .................................................................................................................... 153

4.5.4.6.1.1 Buyer Attributes .............................................................................................. 153

4.5.4.6.1.3 Business Drivers ............................................................................................. 153

4.6

Rest-of-the-World .......................................................................................... 155

4.6.1 Market ......................................................................................................... 155 4.6.1.1

Key Companies in Rest-of-the-World .............................................................. 155

4.6.1.2

Business Drivers .............................................................................................. 155

4.6.1.3

Business Challenges ....................................................................................... 156 10

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Global Smart Farming Market

4.5.4.6.1.2 Business Challenges ...................................................................................... 153

4.6.2 Application ................................................................................................. 156 4.6.2.1

Rest-of-the-World Smart Farming Market (by Application) .............................. 156

4.6.3 Product ....................................................................................................... 156 4.6.3.1

Rest-of-the-World Smart Farming Market (by Solution) .................................. 156

4.6.4 Rest-of-the-World Smart Farming Market (by Country) ......................... 157

5

Markets - Competitive Benchmarking and Company Profiles .... 158 5.1

Competitive Benchmarking .......................................................................... 159

5.2

Company Profiles .......................................................................................... 161

5.2.1 Precision Crop Farming and Farm Management .................................... 161 5.2.1.1

Ag Leader Technology..................................................................................... 161

5.2.1.1.1

Company Overview ................................................................................................ 161

5.2.1.1.2

Role of Ag Leader Technology in the Smart Farming Market ............................... 161

5.2.1.1.3

Product Portfolio..................................................................................................... 161

5.2.1.1.4

Strengths and Weaknesses of Ag Leader Technology ......................................... 162

5.2.1.2

AGCO Corporation .......................................................................................... 163

5.2.1.2.1

Company Overview ................................................................................................ 163

5.2.1.2.2

Role of AGCO Corporation in the Smart Farming Market ..................................... 163

5.2.1.2.3

Product Portfolio..................................................................................................... 163

5.2.1.2.4

Business Strategies ............................................................................................... 164

5.2.1.2.4.1 Product Developments ................................................................................... 164 5.2.1.2.5

Corporate Strategies .............................................................................................. 164

5.2.1.2.5.1 Mergers and Acquisitions ............................................................................... 164 5.2.1.2.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 165

5.2.1.3

Strengths and Weaknesses of AGCO Corporation ............................................... 165

CNH Industrial ................................................................................................. 166

5.2.1.3.1

Company Overview ................................................................................................ 166

5.2.1.3.2

Role of CNH Industrial in the Smart Farming Market ............................................ 166

5.2.1.3.3

Product Portfolio..................................................................................................... 166

5.2.1.3.4

Business Strategies ............................................................................................... 167

5.2.1.3.4.1 Product Developments ................................................................................... 167 11 All rights reserved at BIS Research Inc.

Global Smart Farming Market

5.2.1.2.6

5.2.1.3.5

Corporate Strategies .............................................................................................. 167

5.2.1.3.5.1 Mergers and Acquisitions ............................................................................... 167 5.2.1.3.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 168 5.2.1.3.6

5.2.1.4

Strengths and Weaknesses of CNH Industrial ...................................................... 168

Deere & Company ........................................................................................... 169

5.2.1.4.1

Company Overview ................................................................................................ 169

5.2.1.4.2

Role of Deere & Company in the Smart Farming Market ...................................... 169

5.2.1.4.3

Product Portfolio..................................................................................................... 170

5.2.1.4.4

Business Strategies ............................................................................................... 170

5.2.1.4.4.1 Product Developments ................................................................................... 170 5.2.1.4.5

Corporate Strategies .............................................................................................. 171

5.2.1.4.5.1 Mergers and Acquisitions ............................................................................... 171 5.2.1.4.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 171 5.2.1.4.6

5.2.1.5

Strengths and Weaknesses of Deere & Company ................................................ 172

Hexagon Agriculture ........................................................................................ 173

5.2.1.5.1

Company Overview ................................................................................................ 173

5.2.1.5.2

Role of Hexagon Agriculture in the Smart Farming Market ................................... 173

5.2.1.5.3

Product Portfolio..................................................................................................... 173

5.2.1.5.4

Corporate Strategies .............................................................................................. 174

5.2.1.5.4.1 Mergers and Acquisitions ............................................................................... 174 5.2.1.5.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 174 5.2.1.5.5

Kubota Corporation.......................................................................................... 175

5.2.1.6.1

Company Overview ................................................................................................ 175

5.2.1.6.2

Role of Kubota Corporation in the Smart Farming Market .................................... 175

5.2.1.6.3

Product Portfolio..................................................................................................... 175

5.2.1.6.4

Corporate Strategies .............................................................................................. 176

5.2.1.6.4.1 Mergers and Acquisitions ............................................................................... 176 5.2.1.6.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 176 5.2.1.6.5

Strengths and Weaknesses of Kubota Corporation............................................... 176 12

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Global Smart Farming Market

5.2.1.6

Strengths and Weaknesses of Hexagon Agriculture ............................................. 174

5.2.2 Livestock Monitoring and Management .................................................. 177 5.2.2.1

Afimilk Ltd. ....................................................................................................... 177

5.2.2.1.1

Company Overview ................................................................................................ 177

5.2.2.1.2

Role of Afimilk Ltd. in the Smart Farming Market .................................................. 177

5.2.2.1.3

Product Portfolio..................................................................................................... 177

5.2.2.1.4

Business Strategies ............................................................................................... 178

5.2.2.1.4.1 Product Developments ................................................................................... 178 5.2.2.1.5

Corporate Strategies .............................................................................................. 178

5.2.2.1.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 178 5.2.2.1.6

5.2.2.2

Strengths and Weaknesses of Afimilk Ltd. ............................................................ 178

Allflex USA Inc. ................................................................................................ 179

5.2.2.2.1

Company Overview ................................................................................................ 179

5.2.2.2.2

Role of Allflex USA Inc. in the Smart Farming Market ........................................... 179

5.2.2.2.3

Product Portfolio..................................................................................................... 179

5.2.2.2.4

Business Strategies ............................................................................................... 180

5.2.2.2.4.1 Product Developments ................................................................................... 180 5.2.2.2.5

Corporate Strategies .............................................................................................. 180

5.2.2.2.5.1 Mergers and Acquisitions ............................................................................... 180 5.2.2.2.6

Nedap N.V. ...................................................................................................... 181

5.2.2.3.1

Company Overview ................................................................................................ 181

5.2.2.3.2

Role of Nedap N.V. in the Smart Farming Market ................................................. 181

5.2.2.3.3

Product Portfolio..................................................................................................... 181

5.2.2.3.4

Strengths and Weaknesses of Nedap N.V. ........................................................... 182

5.2.3 Indoor Farming .......................................................................................... 183 5.2.3.1

General Hydroponics ....................................................................................... 183

5.2.3.1.1

Company Overview ................................................................................................ 183

5.2.3.1.2

Role of General Hydroponics in the Smart Farming Market .................................. 183

5.2.3.1.3

Product Portfolio..................................................................................................... 183

5.2.3.1.4

Strengths and Weaknesses of General Hydroponics ............................................ 184 13

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5.2.2.3

Strengths and Weaknesses of Allflex USA Inc. ..................................................... 180

5.2.3.2

Osram Licht AG ............................................................................................... 185

5.2.3.2.1

Company Overview ................................................................................................ 185

5.2.3.2.2

Role of Osram Licht AG in the Smart Farming Market .......................................... 185

5.2.3.2.3

Product Portfolio..................................................................................................... 185

5.2.3.2.4

Business Strategies ............................................................................................... 186

5.2.3.2.4.1 Product Developments ................................................................................... 186 5.2.3.2.5

Strengths and Weaknesses of Osram Licht AG .................................................... 186

5.2.4 Aquaculture ............................................................................................... 187 5.2.4.1

AKVA Group ASA ............................................................................................ 187

5.2.4.1.1

Company Overview ................................................................................................ 187

5.2.4.1.2

Role of AKVA Group ASA in the Smart Farming Market ....................................... 187

5.2.4.1.3

Product Portfolio..................................................................................................... 187

5.2.4.1.4

Corporate Strategies .............................................................................................. 188

5.2.4.1.4.1 Mergers and Acquisitions ............................................................................... 188 5.2.4.1.5

5.2.4.2

Strengths and Weaknesses of AKVA Group ASA ................................................. 188

Eruvaka Technologies ..................................................................................... 189

5.2.4.2.1

Company Overview ................................................................................................ 189

5.2.4.2.2

Role of Eruvaka Technologies in the Smart Farming Market ................................ 189

5.2.4.2.3

Product Portfolio..................................................................................................... 189

5.2.4.2.4

Strengths and Weaknesses of Eruvaka Technologies .......................................... 190

5.2.5 Agricultural Robotics ................................................................................ 191 Naïo Technologies ........................................................................................... 191

5.2.5.1.1

Company Overview ................................................................................................ 191

5.2.5.1.2

Role of Naïo Technologies in the Smart Farming Market ...................................... 191

5.2.5.1.3

Product Portfolio..................................................................................................... 191

5.2.5.1.4

Corporate Strategies .............................................................................................. 192

5.2.5.1.4.1 Partnerships, Joint Ventures, Collaborations, and Alliances .......................... 192 5.2.5.1.5

5.2.5.2

Strengths and Weaknesses of Naïo Technologies ................................................ 192

DJI Innovations ................................................................................................ 193

5.2.5.2.1

Company Overview ................................................................................................ 193 14

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Global Smart Farming Market

5.2.5.1

6

5.2.5.2.2

Role of DJI Innovations in the Smart Farming Market ........................................... 193

5.2.5.2.3

Product Portfolio..................................................................................................... 193

5.2.5.2.4

Strengths and Weaknesses of DJI Innovations ..................................................... 194

Research Methodology............................................................. 195 6.1

Data Sources .................................................................................................. 195

6.1.1 Primary Data Sources ............................................................................... 195 6.1.2 Secondary Data Sources .......................................................................... 195 6.1.3 Data Triangulation ..................................................................................... 196 Market estimation and Forecast ................................................................... 197

Global Smart Farming Market

6.2

15 All rights reserved at BIS Research Inc.

Figure 1:

Microeconomic Indicators Impacting Smart Farming Market

Figure 2:

Market Dynamics of the Global Smart Farming Market, Drivers, and Challenges

Figure 3:

Global Smart Farming Market, $Billion, 2020-2026

Figure 4:

Global Smart Farming Market (by Application), $Billion, 2020 and 2026

Figure 5:

Global Smart Farming Market (by Solution), $Million, 2020-2026

Figure 6:

Global Smart Farming Market (by Region), $Million, 2020

Figure 7:

Global Smart Farming Market Coverage

Figure 8:

Characteristics of Smart Farming

Figure 9:

Smart Farming Architecture

Figure 10:

Precision Agriculture Application

Figure 11:

Precision Agriculture Market in $Million and Patent Analysis, 2018-2021

Figure 12:

Pillars of Farm to Fork

Figure 13:

Role of ICT in Agriculture

Figure 14:

Impact of Economic Drivers on Smart Farming

Figure 15:

Agriculture Workforce Share in Global Employment, 2010-2019

Figure 16:

Agriculture Workforce Share in Global Employment, 2010-2020

Figure 17:

Growing Agtech Investments, $Billion, 2012-2020

Figure 18:

Agriculture Sector Emissions

Figure 19:

Basic Infrastructural Requirements of Smart Farming Ecosystem

Figure 20:

Agriculture Revenue Per Labour

Figure 21:

Malware Attacks Globally, Million, 2009-2018

Figure 22:

Product Development and Innovation (by Company), January 2017-October 2021

Figure 23:

Business Expansion and Investments (by Company), January 2017- October 2021

Figure 24:

Mergers and Acquisitions (by Company), January 2017-October 2021

Figure 25:

Partnerships, Joint Ventures, Collaborations, and Alliances (by Company), January 2017October 2021

Figure 26:

Applications of Blockchain in Agricultural Operations

Figure 27:

Major Investors (by Number of Deals), 2019-2021

Figure 28:

Funding (by Technology), 2019-2021

Figure 29:

Funding (by Year), 2019-2021

Figure 30:

Smart Farming Applications 16

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Global Smart Farming Market

List of Figures

Precision Agriculture Segments

Figure 32:

Precision Agriculture Cycle

Figure 33:

Livestock Management Cycle

Figure 34:

Components of Indoor Farming

Figure 35:

Smart Aquaculture Cycle

Figure 36:

Smart Farming Market (by Solution)

Figure 37:

Smart Farming Solution Structure

Figure 38:

Patents Filed or Granted for the Global Smart Farming Market, January 2018-October 2021

Figure 39:

Patent Analysis (by Solution Type), January 2018-October 2021

Figure 40:

Patent Analysis (by Application), January 2018-October 2021

Figure 41:

Patent Analysis (by Patent Office), January 2017-October 2021

Figure 42:

Patent Analysis (by Organization), January 2017-October 2021

Figure 43:

Market for Various Technologies and Methods in Agriculture

Figure 44:

Step-1: Gaps Found in Smart Farming Adoption

Figure 45:

Step-2: Gap Analysis for Smart Farming Adoption

Figure 46:

Step-3: Procedure to Overcome Gaps in Smart Farming Adoption

Figure 47:

Global Agriculture Goals Achieved through Smart Farming

Figure 48:

History of Agricultural Evolution

Figure 49:

Smart Farming Technologies in Agricultural Value Chain

Figure 50:

North America Smart Farming Market (by Country), $Billion, 2020-2026

Figure 51:

Europe Smart Farming Market (by Country), $Billion, 2020-2026

Figure 52:

U.K Smart Farming Market (by Country), $Billion, 2020-2026

Figure 53:

China Smart Farming Market (by Country), $Billion, 2020-2026

Figure 54:

Asia-Pacific and Japan Smart Farming Market (by Country), $Billion, 2020-2026

Figure 55:

Rest-of-the-World Smart Farming Market (by Country), $Billion, 2020-2026

Figure 56:

Competitive Market High & Low Matrix

Figure 57:

Data Triangulation

Figure 58:

Top-Down and Bottom-Up Approach

Figure 59:

Assumptions and Limitations

Global Smart Farming Market

Figure 31:

17 All rights reserved at BIS Research Inc.

Table 1:

Key Consortiums and Associations in the Global Smart Farming Market

Table 2:

Key Regulatory Bodies

Table 3:

Key Government Programs

Table 4:

Internet and Electricity Access in Key Countries

Table 5:

Key Precision Irrigation Companies

Table 6:

Key Yield Monitoring and Forecasting Companies

Table 7:

Key Variable Rate Application Companies

Table 8:

Key Crop Scouting Companies

Table 9:

Key Record Keeping Companies

Table 10:

Key Milk Harvesting System Companies

Table 11:

Key Animal Health Monitoring and Comfort Companies

Table 12:

Key Feeding Management Companies

Table 13:

Key Heat Stress and Fertility Monitoring Companies

Table 14:

Key HVAC Management Companies

Table 15:

Key Lighting Management Companies

Table 16:

Key Plant Development Monitoring Companies

Table 17:

Key Feed Management Companies

Table 18:

Key Aquatic Species Tracking and Navigation Companies

Table 19:

Key Water Quality Management Companies

Table 20:

Key Other Applications Companies

Table 21:

Global Smart Agriculture Market (by Application), $Million, 2020-2026

Table 22:

Global Smart Agriculture Market (by Application Subtype), $Million, 2020-2026

Table 23:

Global Smart Agriculture Market (by Application Subtype), $Million, 2020-2026

Table 24:

Global Smart Agriculture Market (by Application Subtype), $Million, 2020-2026

Table 25:

Global Smart Agriculture Market (by Application Subtype), $Million, 2020-2026

Table 26:

Key Displays/Yield Monitor Companies

Table 27:

Key Flow and Application Rate Control Valves Companies

Table 28:

Key Handheld Computers/Mobile Devices Companies

Table 29:

Key Agricultural Cameras Companies

Table 30:

Key Sensing Systems Companies

Table 31:

Key GPS/GNSS Systems Companies 18

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Global Smart Farming Market

List of Tables

Key Guidance and Steering Systems Companies

Table 33:

Key RFID Tags and Readers Companies

Table 34:

Key Climate Control Systems Companies

Table 35:

Key LED Grow Lights Companies

Table 36:

Key Other Indoor Farming Equipment Companies

Table 37:

Key Other Hardware Systems Companies

Table 38:

Key Smart Farming Software Companies

Table 39:

Global Smart Agriculture Market (by Solution), $Million, 2020-2026

Table 40:

Global Smart Agriculture Market (by Solution Subtype), $Million, 2020-2026

Table 41:

Global Smart Agriculture Market (by Solution Subtype), $Million, 2020-2026

Table 42:

Global Smart Agriculture Market (by Solution Subtype), $Million, 2020-2026

Table 43:

Global Smart Farming Market (by Region), $Millions, 2020-2026

Table 44:

North America Smart Farming Market (by Application), $Million, 2020-2026

Table 45:

North America Smart Farming Market (by Solution), $Million, 2020-2026

Table 46:

North America Smart Farming Market (by Country), $Million, 2020-2026

Table 47:

Europe Smart Farming Market (by Application), $Million, 2020-2026

Table 48:

Europe Smart Farming Market (by Solution), $Million, 2020-2026

Table 49:

Europe Smart Farming Market (by Country), $Million, 2020-2026

Table 50:

U.K. Smart Farming Market (by Application), $Million, 2020-2026

Table 51:

U.K. Smart Farming Market (by Solution), $Million, 2020-2026

Table 52:

China Smart Farming Market (by Application), $Million, 2020-2026

Table 53:

China Smart Farming Market (by Solution), $Million, 2020-2026

Table 54:

Asia-Pacific and Japan Smart Farming Market (by Application), $Million, 2020-2026

Table 55:

Asia-Pacific and Japan Smart Farming Market (by Solution), $Million, 2020-2026

Table 56:

Asia-Pacific and Japan Smart Farming Market (by Country), $Million, 2020-2026

Table 57:

Rest-of-the-world Smart Farming Market (by Application), $Million, 2020-2026

Table 58:

Rest-of-the-World Smart Farming Market (by Solution), $Million, 2020-2026

Table 59:

Rest-of-the-World Smart Farming Market (by Country), $Million, 2020-2026

Table 60:

Ag Leader Technology: Product Portfolio

Table 61:

AGCO Corporation: Product Portfolio

Table 62:

Product Developments

Table 63:

Mergers and Acquisitions

Table 64:

Partnership and Collaboration 19

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Global Smart Farming Market

Table 32:

CNH Industrial: Product Portfolio

Table 66:

Product Developments

Table 67:

Mergers and Acquisitions

Table 68:

Partnership and Collaboration

Table 69:

Deere & Company: Product Portfolio

Table 70:

Product Developments

Table 71:

Mergers and Acquisitions

Table 72:

Partnership and Collaboration

Table 73:

Hexagon Agriculture: Product Portfolio

Table 74:

Mergers and Acquisitions

Table 75:

Partnership and Collaboration

Table 76:

Kubota Corporation: Product Portfolio

Table 77:

Mergers and Acquisitions

Table 78:

Partnership and Collaboration

Table 79:

Afimilk Ltd.: Product Portfolio

Table 80:

Product Developments

Table 81:

Partnership and Collaboration

Table 82:

Allflex USA Inc.: Product Portfolio

Table 83:

Product Developments

Table 84:

Mergers and Acquisitions

Table 85:

Nedap N.V.: Product Portfolio

Table 86:

General Hydroponics: Product Portfolio

Table 87:

Osram Licht AG: Product Portfolio

Table 88:

Product Developments

Table 89:

AKVA Group ASA: Product Portfolio

Table 90:

Mergers and Acquisitions

Table 91:

Eruvaka Technologies: Product Portfolio

Table 92:

Naïo Technologies: Product Portfolio

Table 93:

Partnership and Collaboration

Table 94:

DJI Innovations: Product Portfolio

20 All rights reserved at BIS Research Inc.

Global Smart Farming Market

Table 65:

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