This Smart Plantation Management Systems Market report analyzes the competitive development such as expansions, agreements, new product launches and acquisition of the market. It strategically profiles the key players and comprehensively analyze their growth strategies. This Smart Plantation Management Systems Market report identify the significant trends and factors driving or inhibiting the market growth. It defines, describe and forecast the market by type, product, application and region. It analyzes the opportunities in the market for stakeholders by identifying the high growth segments.
This Smart Plantation Management Systems Market report includes different market forecast related to market size, production, revenue, consumption, CAGR, gross margin, price and other key factors. This Smart Plantation Management Systems Market research report is prepared with use of industry best primary and secondary research methodologies and tools. The growing demand for the market in well-established and developing regions, the increasing penetration of the end user industries and the latest technological developments are all together driving growth of the market.
Data Bridge Market Research analyses that the smart plantation management systems market which was growing at a value of 1.24 billion in 2021 and is expected to reach the value of USD 2.01 billion by 2029, at a CAGR of 6.20% during the forecast period of 2022-2029
Definition
Smart plantation management systems track crop health, soil moisture, temperature, humidity, and light intensity for example, smart irrigation control systems, regulate water supply based on data collected by soil moisture sensors. They send alerts and notifications to farmers and help them monitor and track crop health. Smart plantations can reduce operational costs in large farmlands while also preventing crop failure.
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Key Growth Drivers:
- Growing need for high crop yield and quality improvement
Population growth and changing food habits are driving up demand for high-quality agricultural products. This is driving the adoption of smart plantation management systems, which help to improve crop yield and quality.
- Technological advancements and widespread of system across various farming segments
The advancement of advanced technologies has resulted in the inclusion of novel features in smart plantation management systems, improving their performance and usability. This is assisting in the widespread adoption of these systems across various farming segments. Additionally, rising labour costs and a labour shortage are propelling the global Smart Plantation Management Systems market forward.
The report emphasizes the participation of key entities, notably:
- Yara International ASA (Norway)
- Koch AG & Energy Solutions L.L.C. (U.S.)
- Coromandel International Limited (India)
- Agriculture Solutions Inc. (Canada)
- Hafia Groups (Israel)
- Sapec Agro S.A. (Portugal)
- Kugler Company (U.S.)
- Van Iperen International B.V. (Netherlands)
- S. AG LLC (U.S.)
- Robert Bosch GmbH (Germany)
- Deere & Company (U.S.)
- Netafim (Israel)
- Synelixis Solutions (Greece), DTN (U.S.)
- AgroWebLab Co., Ltd (AWL) (China)
- Tevatronics (Israel)
- SemiosBio Technologies (Canada)
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Smart Plantation Management Systems MarketCompound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
By Type (Irrigation Systems, Plant Growth Monitoring Systems, Harvesting Systems), Crop (Coffee, Oilseeds, Sugarcane, Cotton), Component (Hardware & Software)
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