The global variable rate technology market is estimated to reach $6.09 billion in 2027, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 20.28% during the forecast period 2022-2027.

Variable rate technology can boost agricultural income by streamlining production processes and supporting farmers in overcoming challenges such as changing climatic conditions, including soil nutrients and others. Bigger farms tend to employ VRT more frequently because it is more cost-effective when applied to a larger number of crop acres.

USP of Variable Rate Technology Market – A Global and Regional Analysis: Focus on, Application, Technology, Solution, and Region – Analysis and Forecast, 2022-2027

• Extensive competitive benchmarking of the top 20 players (including established players and key start-ups operating in the market) to offer a holistic view of the global variable rate technology market landscape
• Market ranking analysis based on product portfolio, recent development, and regional spread
• Investment landscape including product adoption scenario and patent analysis

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, Our Research Team, “According to the U.S. Bureau of Labor Statistics, employment of agriculture workers is expected to grow only 2% between 2020-2030, which is slower than the average employment growth for all other occupations. Growing labor scarcity in the agriculture industry is one of the major drivers which is expected to accelerates the demand for variable rate technology in the forecast period. The variable rate technology helps to automate the application of chemicals, fertilizers, irrigation water, and other farm inputs at different rates across the agricultural field without any manual intervention.”

Key Companies Operating in The Market

Key players in the global variable rate technology market analyzed and profiled in the study involve variable rate technology-based product manufacturers, including hardware, software, and service providers. Moreover, a detailed competitive benchmarking of the players operating in the global variable rate technology market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

The key companies profiled in the report include Trimble Inc., Deere & Company, AGCO Corporation, Topcon Corporation, CNH Industrial N.V., Lindsay Corporation, Cro Quest Inc, Kubota Corporation, Valmont Industries, Climate LLC, Hexagon Agriculture, DJI, Ag Leader Technology, Farmers Edge Inc, Yara International, OneSoil, HUMMINGBIRD TECHNOLOGIES LIMITED, Sentera, CropX Inc., and DataFarming Pty Ltd.

Key Questions Answered in the Report

• What is the estimated global variable rate technology market size in terms of revenue during the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
• What are the key trends, market drivers, and opportunities in the market pertaining to the global variable rate technology market?
• What are the major restraints inhibiting the growth of the global variable rate technology market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
• What is the competitive strength of the key players in the global variable rate technology market on the basis of analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key global variable rate technology market players in the agriculture sector based on the analysis of their market coverage and market potential?
• Which type of players and stakeholders are operating in the ecosystem of the global variable rate technology market, and what is their significance in the global market?
• Which are the leading consortiums and associations in the global variable rate technology market, and what are their roles in the market?

Buy the report: Variable Rate Technology Market – A Global and Regional Analysis: Focus on, Application, Technology, Solution, and Region – Analysis and Forecast, 2022-2027

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The global harvesting equipment market is estimated to reach $30.11 billion in 2027, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 5.08% during the forecast period 2022-2027.

The harvesting equipment industry has witnessed an increasing demand from various end-use industries, including agriculture, animal feed, and dairy. Nowadays, harvesting equipment is used in precision farming, fodder harvesting, and mechanized farming practices in developing countries.

USP of Harvesting Equipment Market – A Global and Regional Analysis: Focus on Harvesting Equipment Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027

• Extensive competitive benchmarking of the top 15 players
• Market sizing for volume and value market
• Investment landscape including product adoption scenario, funding, and patent analysis

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, Our Research Team, “The harvesting equipment has huge potential in the near future, as it is used by farmers, animal feed producers, and dairy farmers. Through a better adoption of harvesting equipment in precision farming, the consumers’ demand for harvesting equipment can increase during 2022-2027.”

Key Companies Operating in The Market

Key players in the global harvesting equipment market are analyzed and profiled in the study. Moreover, a detailed competitive benchmarking of the players operating in the global harvesting equipment market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

The harvesting equipment market comprises players such as AGCO Corporation, Amalgamations Group, Bernard Krone Holding SE & Co. KG, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, KUBOTA Corporation, Mahindra & Mahindra Ltd, Zoomlion Heavy Industry Science and Technology Co., Ltd., International Tractors Limited, and Yanmar Co Ltd.

Key Questions Answered in the Report

• What is the estimated harvesting equipment market size in terms of revenue for the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
• What is the estimated harvesting equipment market size in terms of units for the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
• What are the different applications of harvesting equipment in the agricultural industry?
• What are the major drivers and challenges affecting the growth of the harvesting equipment market?
• What are the various regulations for producing harvesting equipment in countries such as the U.S., Canada, the U.K., and France?
• What are the expected future scenarios of the harvesting equipment market in different regions and countries, such as North America, Europe, Asia-Pacific and Japan, China, the U.K., South America, and the Middle East and Africa?
• What are the key developmental strategies that are implemented by the key players to sustain in the competitive market?
• How is the competitive benchmarking of the key harvesting equipment companies in the market based on the analysis of their market coverage and market potential?

Buy the report: Harvesting Equipment Market – A Global and Regional Analysis: Focus on Harvesting Equipment Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027

The post CRI Report: harvesting equipment market to be $30.11 BLN in 2027 first appeared on CRI Report.

The global smart irrigation controllers market is estimated to reach $1,280.81 million in 2027, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 13.98% during the forecast period 2022-2027.

The growth in the global smart irrigation controllers market is driven by increasing awareness toward tech-based farming, along with the growing government support for promoting the use of smart irrigation. Supported by government policies and technological developments, landscape owners and growers across the globe are expected to increase the implementation of smart irrigation technologies.

USP of  Smart Irrigation Controllers Market – A Global and Regional Analysis: Focus on Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027

• Extensive competitive benchmarking of the top 15 players, including companies offering smart irrigation controllers for both agri and non-agri applications, has been done to offer a holistic view of the global smart irrigation controllers market landscape.
• Market ranking analysis based on product portfolio, recent developments, and regional spread
• Investment landscape including product adoption scenario, funding, and patent analysis

Analyst Thoughts

According to Aparajita Borah, Senior Research Associate, Our Research Team, “The smart irrigation controllers market is expected to be a great replacement of conventional irrigation controllers. Through a better adoption of these smart irrigation controllers, agriculture can be taken to an advanced level. Issues such as climate change and water scarcity can also be addressed, which will offer proper food security.”

Key Companies Operating in The Market

Key players in the global smart irrigation controllers market analyzed and profiled in the study involve smart irrigation controller manufacturers that provide different types of smart controllers for several uses. Moreover, a detailed competitive benchmarking of the players operating in the global smart irrigation controllers market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Some of the leading companies operating in the global smart irrigation controllers market are Calsense, Galcon Ltd., Holman Industries, Hunter Industries, HydroPoint Data Systems, Inc., K-Rain Manufacturing Corporation, Lindsay Corporation, Nelson Irrigation Corporation, Netafim, Rachio, Inc., Rain Bird Corporation, Skydrop, The Toro Company, Valmont Industries, Inc., and Weathermatic.

Key Questions Answered in the Report

• What is the estimated global smart irrigation controllers market size in terms of revenue during the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
• What are the key trends, market drivers, and opportunities in the market pertaining to the global smart irrigation controllers market?
• What are the major restraints inhibiting the growth of the global smart irrigation controllers market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
• What is the competitive strength of the key players in the global smart irrigation controllers market based on an analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key global smart irrigation controllers market players in the food sector based on the analysis of their market coverage and market potential?
• Which type of players and stakeholders are operating in the market ecosystem of smart irrigation controllers, and what is their significance in the global market?
• Which region is the largest market for the global smart irrigation controllers market?
• What are the expected future scenario and the revenue generated by different regions and countries in the global smart irrigation controllers market, such as North America, South America, Europe, the U.K., China, Asia-Pacific, and Middle East and Africa?

Buy the report: Smart Irrigation Controllers Market – A Global and Regional Analysis: Focus on Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027

The post CRI Report: smart irrigation controllers market to be $1,280.81 MLN in 2027 first appeared on CRI Report.

The agricultural industry is one of the most crucial industries in the world. The industry requires ideal climatic conditions, land availability, and fertility, along with sufficient water availability. Apart from these factors, the availability of equipment for farm operations is another huge aspect of traditional agriculture. Some of the primary equipment used in the field include harvester, tiller, cultivators, seeder, and sprayer. Also, to power most of these equipment, a high horsepower tractor is also required in the field.

A wide range of equipment manufacturers are operating globally that offer farm equipment. These equipment come with wide specification settings to fit the users need and demands. Farmers around the world own lands that range from 1 hectare in length to upward of XX hectares. The requirements for farm equipment change with the land availability.

A small farm with less than XX hectares of land might not require high horsepower equipment, but a larger land would. Thus, farm equipment demand by the farmers is dependent on their land availability and equipment affordability. The majority of the small- and medium-scale farmers struggle to afford equipment for their farm as their revenue generation from agriculture is low and less land leads to low production.

Thus, to cater to the long-standing issue of equipment unaffordability, farm equipment manufacturers have started offering farm equipment on a rental basis. Through this, a farmer would be able to use equipment as and when required and would pay for the equipment on an hourly, weekly, or monthly basis.

This has become a major driver for the upliftment of small and medium-scale farmers around the world as through rental equipment, a farmer can increase their agricultural production and thus increase their revenue from agriculture. Through rental farm equipment, small and medium-scale farmers will also be able to cater to the growing global food demand with increased agricultural production.

Farm Equipment Rental Market – A Global and Regional Analysis: Focus on Product and Country Analysis – Analysis and Forecast, 2020-2026

One of the major challenges in the growth of the farm equipment rental market is the lack of awareness among farmers on the availability of farm equipment on a rental basis. Since awareness is low in some regions of the world, such as the Middle East and Africa, the adoption of rental equipment is low in these regions.

Also, some farmers have such low revenue from agriculture that the affordability of farm equipment on a rental basis is difficult for them. This is another major challenge for the farm equipment rental market.

Farm equipment rental services are one of the biggest solutions to the problems of small and medium-scale farmers. Through increased government initiatives on the growth of the market, the adoption of farm equipment on a rental basis is expected to grow exponentially in the coming years.

Market Drivers and Challenges in Global Farm Equipment Rental Market

A major factor driving the farm equipment rental market is the high cost of farm equipment. Since 2005, due to increased emphasis on agricultural digitization, farm equipment has been updated with new technologies such as ISOBUS and sensors, which has created huge inflation in the prices of equipment.

Thus, the increase in farm equipment cost has made it difficult for growers to afford the equipment. Thus, increased farm equipment cost is a huge driver for the farm equipment rental market.

Farm Equipment Rental Market – A Global and Regional Analysis: Focus on Product and Country Analysis – Analysis and Forecast, 2020-2026

One of the key challenges for the farm equipment rental market is low awareness about the availability of farm equipment on a rental basis. Since awareness of rental farm equipment is low, the adoption of these equipment is low, which leads to a hindrance in the growth of the farm equipment rental market.

Market Drivers and Challenges in Global Farm Equipment Rental Market

The farm equipment rental market is expected to help farm equipment manufacturers in gaining presence in different regions. Due to their market presence, companies have distinctive advantages in some regions. For instance, Mahindra & Mahindra Ltd. has huge market dominance in India, whereas Deere & Company has a huge market presence in North America.

Through rental farm equipment, the adoption of farm equipment provided by these companies would increase in the regions where these companies do not have much market presence. Thus, the farm equipment rental market would lead to an increased global presence for farm equipment manufacturers.

The global farm equipment rental market is expected to grow more in the coming years with increased government initiatives for the upliftment of the market.

Some of the leading companies operating in the global farm equipment rental market are Associated Supply Company, Inc., Cedar Street Sales & Rentals, Deere & Company, Escorts Limited, Farmease, Flaman Group of Companies, JC Bamford Excavators Ltd., KWIPPED, Inc., Mahindra & Mahindra Ltd., Messick’s, Pacific Tractor & Implement, The Pape’ Group, Inc., Titan Machinery Inc., Tractors and Farm Equipment Limited, and German Bliss Equipment Inc.

Farm Equipment Rental Market – A Global and Regional Analysis: Focus on Product and Country Analysis – Analysis and Forecast, 2020-2026

Global Farm Equipment Rental Market (by Product)

The farm equipment that are primarily rented by equipment manufacturers includes tractor, harvester, baler, sprayer, and others. These equipment are used by farmers to perform a wide range of activities in the agricultural field.

Global Farm Equipment Rental Market (by Product), $ Billion, 2020 – 2026

The global farm equipment rental market in the product segment is dominated by tractors, followed by the harvester, and is expected to be the same during the forecast period. The dominance of tractors in the product segment is due to the multiple-purpose tractors used in the field. Tractors are used for transportation as well to provide power to other implements such as harvesters and balers.

Farm Equipment Rental Market – A Global and Regional Analysis: Focus on Product and Country Analysis – Analysis and Forecast, 2020-2026

Competitive Landscape of Global Farm Equipment Rental Market

Rental farm equipment providers have been actively working on growing the market by offering a wide range of farm equipment on a rental basis. Also, equipment providers offer the equipment on an hourly, weekly, or on a monthly basis to offer a better price to the farmers that would require the equipment for longer durations of time.

The market has seen major development by key players operating in the market, such as merger and acquisition, business expansion, partnership, collaboration, and joint venture. The preferred strategy for the companies has been mergers and acquisitions to strengthen their position in the global farm equipment rental market.

For instance, in August 2021, Herc Holdings Inc., a leading North American equipment rental supplier operating as Herc Rentals Inc., announced that it had completed the acquisition of all the assets of Texas- based CBS Rentals. Also, in March 2021, Titan Machinery entered into a definitive purchase agreement to acquire HorizonWest Inc., which consisted of a three-store CaseIH agriculture dealership complex headquartered in the U.S.

Another strategy adopted by the players in the market is partnership, collaboration, and joint venture. The companies have put in considerable efforts to develop new strategies for increasing the availability of rental farm equipment, such as tractors, harvesters, balers, sprayers, and others.

For instance, in February 2019, Tractor and Farm Equipment Limited launched JFarm Services, which aims at increasing easy access to farm mechanization solutions through the rental of tractors and modern agricultural equipment.

The global farm equipment rental market is poised to grow in the forecast period with increased developments by key players in the market. Also, farmers have started opting for rental farm equipment to enhance their agricultural productivity and efficiency, which results in an increased global agricultural production.

Farm Equipment Rental Market – A Global and Regional Analysis: Focus on Product and Country Analysis – Analysis and Forecast, 2020-2026

The post Global Farm Equipment Rental Market Analysis first appeared on CRI Report.

Global AI in Agriculture Market by Offerings (Hardware, Software and Services); By Technology (Machine Learning, Predictive Analytics and Computer Vision); By Application (Livestock Monitoring Application, Precision Farming Application, Agriculture Robots Application, Drone Analytics Application and Others); By Region (North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa) – Analysis of market share, size & trends for 2016-19 and forecasts to 2030

The market report on Agriculture Analytics Market includes in-depth insights as:

• The estimated value of the market was USD 0.92 Billion in the year 2021.
• Agriculture Analytics Market in North America held the largest market share in the year 2021.
• Based on, Application, Livestock Analytics segment, emerged as a key segment in the Agriculture Analytics Market.
• Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“The increasing need to contract out field-related process due to scarcity of labor is predictable to drive the growth of the accomplished services in the Agriculture Analytics Market. Managed service providers practice their powerful analytical devices to assemble, process, and examine data to offer valuable visions to agriculturalists. By these actionable insights, farmers can estimate their crop production, expand crop cultivation, and make healthier decisions”, according to this report

Agriculture Analytics delivers real-time understandings that can be used by farmers or cultivators as inputs to enhance their agricultural performance according to the various weather conditions or disease outbursts. The use of technologies and big data analytics is still unused in the field of farming. The overview of big data analytics in agriculture has led to precision farming, thus saves time and capital of the farmers along with better yield.

Based on Component, the market is segmented Services and Solutions. Solution segment holds the highest market share of Agriculture Analytics Market. Rising need for more accurate crop forecasting and yield is driving the demand of Agriculture Analytics Solutions as the solution services in evaluating decades of crops information and support agriculturalists in predicting the number and state of crops produced before the seed are even planted. Agriculture Analytics Solutions has the capability to maximize crop production in the shortest timeframe.

Agriculture Technology-as-a-Service Market – A Global and Regional Analysis: Focus on Service Type (Software-as-a-Service, Equipment-as-a Service),Technology (Data Analytics, Guidance, Sensing, Variable Rate), Application (Yield Mapping, Soil Management, Crop Health), Pricing Models, Break-Even Analysis – Analysis and Forecast, 2020-2025

Key Players in the Market

Some of the key players operating in the Agriculture Analytics Market are Deere & Company (US), IBM (US), SAP SE (Germany), Trimble (US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US)

Get Valuable Insights into Agriculture Analytics Market.

In the new report, CRI Report thrives to present an unbiased analysis of Agriculture Analytics Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2031. The study includes compelling insights into growth that is witnessed in the market. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Component into Services and Solutions; By Application into Farm Analytics, Livestock Analytics, Aquaculture Analytics, and others; By Deployment into Cloud and On-premise; Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

The post Agriculture Analytics Market is projected to reach USD 3.86 billion by 2031, growing at a CAGR of 15.41% from 2021 to 2031 first appeared on CRI Report.

The digital agriculture market is predicted to register a CAGR of ~11.2% during the forecast period, 2021–2027. In this report, CRI Report (CRI) includes the segmentation and dynamics of the digital agriculture market to offer a better glimpse into the coming years.

The application of digital technologies to integrate agricultural output from the field to the consumer is known as digital agriculture. These technologies can provide the agricultural business with the tools and data it needs to make better decisions and increase production.

The major factors driving the growth of the digital agriculture market are the increasing requirement for high productivity & improved crop health, the growing shortage of farm labor, and rising concerns of food security & nutrition.However, the complex system of integration & high costs of technology, and the lack of technical knowledge for effective utilization of technology, are hindering the market growth.Although the potential to advance multiple sustainable development goals (SDGs) is growing, the ability to increase efficiency to create new market opportunities and increase the penetration of technology into the agriculture sector is creating lucrative growth opportunities for the market vendors.

Impact of COVID-19 on Digital Agriculture Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Segmental Analysis

The global digital agriculture market has been segmented based on component, application, deployment, and region.

Based on the component, the digital agriculture market has been segmented into hardware, software, and services. The hardware segment is further classified into displays, guidance and steering systems, GPS/ GNSS devices, irrigation controllers, and drones/ UAVs. The hardware segment is likely to have the biggest market share during the forecast period owing to the high adoption of automation and control devices, while the services segment is likely to grow with the highest CAGR.The digital agriculture market for hardware components such as drones/UAVs, GPS/GNSS, irrigation controllers, guidance and steering systems, yield monitors, and sensors are anticipated to increase due to the rising use of new technologies and advanced equipment for digital agriculture.

By application, the digital agriculture market has been segmented into yield monitoring, field mapping, crop monitoring, livestock monitoring, real-time safety testing, soil monitoring, precision farming, and others (weather tracking, drone analytics).During the study period, the precision farming segment is predicted to have the highest CAGR. Compared to traditional cultivation practices, advanced farming technologies such as precision farming can aid in utilizing agricultural inputs in exact proportions to enhance average yields. Farmers may boost their earnings per acre by using precision agriculture. It can also be used to combat agricultural water contamination.

By deployment, the digital agriculture market has been divided into cloud and on-premise.The cloud segment is likely to gain a larger market size during the forecast period as the use of cloud computing technologies in agricultural regions has a better possibility of contributing to the sector’s overall development. In the modern era of cloud computing technology, effective implementation of cloud computing in the agricultural industry is encouraged as it is beneficial for a centralized all-agricultural related data bank (soil-related, weather, research, crop, farmers, agriculture marketing, fertilizers, and pesticide information) in the cloud. Cloud computing is gaining traction as a commercial infrastructure that reduces the need for costly computing gear, software, information technology, employees, infrastructure, and resources, as well as their upkeep.

Global Autonomous Agriculture Equipment Market is Expected to Reach $28.90 Billion by 2026

Competitive Analysis

The global digital agriculture market is characterized by the presence of several regional and local providers. Some of the key players in the market are Microsoft Corporation (US), IBM Corporation (US), Gameya SA (Switzerland), Agrivi (England), AGCO Corporation (US), Small Robot Company (UK), Hummingbird Technologies (UK), Deere & Company (US), Bayer Crop Science AG (Germany), Conservis Corporation (US), Raven Industries (US), Trimble Inc. (US), DTN (US), Case Corporation (US), Farmers Edge (Canada), and Agri Webb (Australia).

Regional Analysis

Regional analysis for the global digital agriculture market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. However, the APAC area is experiencing tremendous growth in the agriculture sector. During the research period, India is anticipated to lead the APAC area as the region’s greatest adopter of digital agriculture. Farmers in the country’s southern areas, such as Andhra Pradesh, Telangana, and Tamil Nadu,are increasingly using precision agriculture techniques to increase crop yields.

The post Digital Agriculture Market is Likely to Register a CAGR of ~11.2% During the Review Period, 2021–2027, Due to the Growing Requirement for High Productivity and Improved Crop Health from the Agri Sector first appeared on CRI Report.

Aquaponics and hydroponics are alternate farming techniques in which plants are grown in a non-traditional way. Aquaponics is a food production system that couples aquaculture with hydroponics. In this system, the nutrient-rich aquaculture water is fed to the hydroponically grown plant, involving nitrifying bacteria for converting ammonia into nitrates. Hydroponics is a type of horticulture and a subset of hydroculture, which involves growing plants without soil using mineral nutrient solutions in an aqueous solvent.

USP of the Report

• This report covers major regions with an established aquaponic and hydroponic systems and equipment market.
• Porter’s Five Forces Analysis has been done for analyzing the competition in the aquaponic and hydroponic systems and equipment business. The five forces include threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and intensity of competitive rivalry.
• Extensive competitive benchmarking of the top 17 players (including OEMs and equipment providers) has been done to offer a holistic view of the global aquaponic and hydroponic systems and equipment market landscape.

According to Rakhi Tanwar, Principal Analyst, CRI Report, “The aquaponic and hydroponic growing techniques have the capability of revolutionizing the global agricultural industry. Through these techniques, year-round food production can be done, and thus, agricultural production can be increased, and global food demand can be efficiently managed.”

Key companies operating in the market

Key players operating in the global aquaponic, and hydroponic systems and equipment market analyzed and profiled in the study involve original equipment manufacturers (OEMs) that provide the required equipment for achieving an aquaponic setup.

Moreover, a detailed competitive benchmarking of the players operating in the global aquaponic, and hydroponic systems and equipment market has been done that will help the reader to understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

AR in Agriculture Market – A Global and Regional Analysis: Focus on Solutions and Applications, Adoption Framework and Country-Wise Analysis – Analysis and Forecast, 2020-2026

AMHYDRO,Aquaponic Lynx LLC, Argus Controls System Limited, BetterGrow Hydro, Colorado Aquaponics, ECF Farmsystems, Endless food systems, General Hydroponics, GreenTech Agro LLC, Hydrodynamics International, Hydrofarm LLC, LivinGreen, Nelson & Pade Aquaponics, Pegasus Agriculture, PentairAES, Perth Aquaponics, and UrbanFarmers AG

Market Segmentation of Global Aquaponic and Hydroponic Systems and Equipment Market

• Equipment: The aquaponic and hydroponic systems and equipment market is dominated by the HVAC system. HVAC systems are necessary for a complete aquaponics setup as plants in these systems always require constant monitoring and an adequate temperature. Depending upon the plant being grown in the system, heat and ventilation is maintained at all times.

• Technique: The global aquaponic and hydroponic systems and equipment market by technique category is dominated by nutrient film technique. This dominance is due to the high versatility of this technique used for growing plants. NFT is favored for its simple setup and ease of use with many popular garden plants such as lettuce and herbs. This method uses horizontal pipes with shallow streams of nutrient-rich water flowing through them.

• Region: Europe generated the highest revenue in 2020, which is attributed to the technological advancements in the Europe region. With high food safety and security concerns in the region, aquaponics and hydroponics in the region have offered a big solution to food safety and security concerns. This is because the plants grown with these techniques are grown in a controlled manner, and nutrient value is maintained throughout the production process. The region is expected to witness high growth in terms of CAGR during the forecast period.

Global Aquaponic and Hydroponic Systems and Equipment Market: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2020-2026

Key Questions Answered in the Report

• What is the estimated global aquaponic and hydroponic systems and equipment market size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?
• What are the key trends, market drivers, and opportunities in the market pertaining to aquaponic and hydroponic systems and equipment?
• What are the major restraints inhibiting the growth of the global aquaponic and hydroponic systems and equipment market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
• What is the competitive strength of the key players in the aquaponic and hydroponic systems and equipment market based on an analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key aquaponic and hydroponic systems and equipment companies in the agriculture market based on the analysis of their market coverage and market potential?
• How much revenue is each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows:
o Product, including equipment (HVAC, LED grow light, irrigation system, aeration system, and others) and technique (nutrient-film technique, deep-water culture technique, media-filled grow bed, ebb and flow system, and others)
o Application, including vegetables, herbs, fruits, fish, and others
o Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, the Middle East and Africa, and the Rest-of-the-World
• Which type of players and stakeholders are operating in the market ecosystem of aquaponic and hydroponic systems and equipment, and what is their significance in the global market?
• Which are the leading consortiums and associations in the global aquaponic and hydroponic systems and equipment market, and what are their roles in the market?
• How does the regulatory landscape differ in different regions for aquaponic and hydroponic systems and equipment?
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The post Global Aquaponic and Hydroponic Systems and Equipment Market is Expected to $ 2.74 Billion by 2026 first appeared on CRI Report.

Autonomous agricultural equipment are rapidly evolving across the globe. Digitalization, automation, and artificial intelligence are playing a major role in crop production, including weeding, harvesting, pest control, among others. This autonomous evolution offers various challenges and opportunities, such as advancing from animal-driven, manual technologies to mechanized and automated equipment in various countries.

USP of the Report

• This report covers major regions with an established autonomous agriculture equipment market.
• Porter’s Five Forces Analysis has been done for analyzing the competition in the autonomous agriculture equipment business. The five forces include the threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and intensity of competitive rivalry.
• Extensive competitive benchmarking of top 15 players (including OEMs and equipment providers) offering a holistic view of the global autonomous agriculture equipment landscape.

According to this report, “The autonomous equipment has the capability of revolutionizing the global agricultural industry. Through advanced autonomous equipment, year-round food production is possible, and thus, agricultural production can be increased, and global food demand can be efficiently managed.”

Global Aquaponic and Hydroponic Systems and Equipment Market: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2020-2026

Key Companies Operating in the Market

AGCO Corporation, AutoNext Automation Pvt. Ltd., Changzhou Dongfeng CVT Co Ltd, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, Escorts Limited, ISEKI & CO., LTD., Kubota Corporation, Mahindra & Mahindra Ltd., Monarch Tractor, Naïo Technologies, YTO Group Corporation, Yanmar Co. Ltd., Ztractor Inc.

The autonomous agriculture equipment market players have opted for partnerships, collaborations, mergers, acquisitions, and joint ventures, as well as product development strategies as a way of establishing dominance in the market.

Out of the total strategies and developments observed in this market from January 2018 till April 2021, almost 40% were related to product developments, followed by partnerships, collaborations, mergers, acquisitions, and joint ventures, with almost 32.5% share in total developments.

The only way to have a breakthrough in the market is by launching a product or component with unique capabilities. For instance, in January 2021, YTO Group Corporation launched the world’s first 5G driverless tractor. The tractor is majorly used to tow agricultural equipment for farm work.

Agriculture Technology-as-a-Service Market – A Global and Regional Analysis: Focus on Service Type (Software-as-a-Service, Equipment-as-a Service),Technology (Data Analytics, Guidance, Sensing, Variable Rate), Application (Yield Mapping, Soil Management, Crop Health), Pricing Models, Break-Even Analysis – Analysis and Forecast, 2020-2025

Global Autonomous Agriculture Equipment Market Segmentation

Application: The autonomous agriculture equipment market by application is led by harvesting. Harvesting is mainly done for collecting ripe crops from the field. Harvesting activities include stacking, handling, threshing, reaping, cleaning, and hauling. These activities can be performed through harvesters alone or a combined harvester can be used to perform the operations simultaneously. Field and row crops such as potatoes, wheat, corn can be easily gathered by fully autonomous equipment such as tractors and planters. Thus, the demand for autonomous agriculture equipment for harvesting is highest amongst other applications.

Equipment: The global autonomous agriculture equipment market by equipment type is dominated by tractors. The autonomous tractor is witnessing an increase in demand, majorly owing to the growing concern of labor shortages and offering increased productivity and efficiencies, bringing higher yields. The technology used in the autonomous tractor allows working for 24-hour, round-the-clock operations and remote management of operations by the users.

Region : North America generated the highest revenue of $7.4 billion in 2020, which is attributed to the technological advancements in the North America region. With high food safety, labor shortage, and security concerns in the region, autonomous equipment in the region has offered a big solution to the food safety, labor shortage, and security concerns. The region is expected to witness high growth of CAGR 11.2% during the forecast period.

Global Autonomous Agriculture Equipment Market: Focus on Application, Equipment Type, Type, and Country-Wise Analysis – Analysis and Forecast, 2020-2026

Key Questions Answered in the Report

• What is the estimated global autonomous agriculture equipment market size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?
• What are the key trends, market drivers, and opportunities in the market pertaining to autonomous agriculture equipment?
• What are the major restraints inhibiting the growth of the global autonomous agriculture equipment market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
• What is the competitive strength of the key players in the autonomous agriculture equipment market based on analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key autonomous agriculture equipment companies in the agriculture market based on the analysis of their market coverage and market potential?
• How much revenue each of the segments is expected to record during the forecast period and what is the estimated growth percentage?
• Which type of players and stakeholders are operating in the market ecosystem of autonomous agriculture equipment, and what is their significance in the global market?
• Which are the leading consortiums and associations in the global autonomous agriculture equipment market, and what are their roles in the market?
• How does the regulatory landscape differ in different regions for autonomous agriculture equipment?

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Hyperspectral imaging, like other spectral imaging techniques, collects and processes information from across the electromagnetic spectrum. The goal of hyperspectral imaging is to obtain the spectrum for each pixel in the image of a scene, with the purpose of finding objects, identifying materials, or detecting processes.
Hyperspectral imaging in agriculture allows to significantly extend the range of farming issues and applications that can be addressed using remote sensing. A hyperspectral camera can detect plant diseases, weeds, soil erosion problems, and can also estimate crop yields.

Global Hyperspectral Imaging in Agriculture Market: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2020-2026

USP of the Report

• This report covers major regions with established hyperspectral imaging in agriculture market.
• Porter’s Five Forces Analysis has been done for analyzing the competition in the hyperspectral imaging in agriculture business. The five forces include threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and intensity of competitive rivalry.
• Extensive competitive benchmarking of the top 15 players (including OEMs and equipment providers) has been done to offer a holistic view of the global hyperspectral imaging in agriculture market landscape.

According to this report, “The hyperspectral imaging in agriculture market is expected to be a great solution for a wide range of issues in the agricultural industry. Through a better adoption of the technology, issues such as global food demand and presence of pathogens in crops can be addressed and agricultural yield can be maximized.”

AR in Agriculture Market – A Global and Regional Analysis: Focus on Solutions and Applications, Adoption Framework and Country-Wise Analysis – Analysis and Forecast, 2020-2026

Key Companies Operating in the Market

Analytik Ltd., BaySpec, Inc., Corning Incorporated, Cubert GmbH, FluroSat, Gamaya, HAIP Solution GmbH, Imec, ImpactVision, Inno-spec GmbH, INO, Malvern Panalytical Ltd, Resonon Inc., Surface Optics Corporation, Teledyne FLIR LLC

Key players operating in the global hyperspectral imaging in agriculture market analyzed and profiled in the study involve original equipment manufacturers (OEMs) that provide the required equipment for deploying hyperspectral imaging in agriculture.

Moreover, a detailed competitive benchmarking of the players operating in the global hyperspectral imaging in agriculture market has been done that will help the reader to understand how players stack against each other, presenting a clear market landscape.

Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Global AI in Agriculture Market by Offerings (Hardware, Software and Services); By Technology (Machine Learning, Predictive Analytics and Computer Vision); By Application (Livestock Monitoring Application, Precision Farming Application, Agriculture Robots Application, Drone Analytics Application and Others); By Region (North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa) – Analysis of market share, size & trends for 2016-19 and forecasts to 2030

Market Segmentation of Global Hyperspectral Imaging in Agriculture Market

Product: Hyperspectral imaging in agriculture market in the product segment is dominated by hyperspectral imaging cameras. These cameras are the primary equipment that are required to capture hyperspectral images, and data collected by the cameras is processed after. With a hyperspectral camera, the light is captured through a lens and split into different spectral lengths by a dispersive element such as a prism or a diffraction grating.

Application: Hyperspectral imaging in agriculture market in the application segment is dominated by stress detection. Hyperspectral imaging is primarily focused on monitoring crop health and maintaining a better yield. Thus, stress detection in the plant is leading the application segment of the market.

Region: North America generated the highest revenue of $10.06 million in 2020, which is attributed to the technological advancements in the North America region. In the region, government support along with technological advancement has helped in the growth of the market. Also, leading players in the hyperspectral imaging in agriculture market are operating in the North America region, which gives a wide range of options to the growers purchasing hyperspectral imaging-based equipment. The region is expected to witness high growth of CAGR 13.16% during the forecast period.

Key Questions Answered in the Report

• What is the estimated global hyperspectral imaging in agriculture market size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?
• What are the key trends, market drivers, and opportunities in the market pertaining to hyperspectral imaging in agriculture?
• What are the major restraints inhibiting the growth of the global hyperspectral imaging in agriculture market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
• What is the competitive strength of the key players in the hyperspectral imaging in agriculture market based on an analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key hyperspectral imaging in agriculture companies in the agriculture market based on the analysis of their market coverage and market potential?
• How much revenue is each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows:
o Product, including camera, artificial light source, image processor, and others
o Application, including yield estimation, crop disease monitoring, impurity detection, stress detection, vegetation mapping, and others
o Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, the Middle East and Africa, and South America
• Which are the types of players and stakeholders operating in the market ecosystem of hyperspectral imaging in agriculture, and what is their significance in the global market?

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Augmented reality (AR) is a type of immersive technology that allows data and virtual objects to be relayed or overlayed on physical objects called display. Technologies such as advanced data analytics, the internet of things (IoT) and sensor-based technologies, and autonomous agricultural machinery are deployed simultaneously; however, these technologies have individual potential to operate independently. AR is expected to act as a tool in reshaping modern agricultural practices as it can combine other tools and technologies and bring all the information and data from the other individual technologies under a single platform.
The detailed study is a compilation of 50 Market Data Tables and 40 Figures spread through 146 Pages and in-depth TOC on

AR in Agriculture Market – A Global and Regional Analysis: Focus on Solutions and Applications, Adoption Framework and Country-Wise Analysis – Analysis and Forecast, 2020-2026

USP of the Report

• The report highlights not only the growing opportunities contemplated by the quantitative information, but it also reflects upon the grey areas or shortcomings of the market analysis through GAP analysis performed to create an adoption framework for AR in agriculture market.
• This framework also focuses on factors and remedies to overcome gaps. The report also analyses the impact of key external business factors through Porter’s Five Forces and PESTLE analysis.

According to this report, “Augmented reality is expected to play a significant role in the digitization process of agriculture. The growing adoption of precision and smart farming methods has proved that agriculture practices can be improved using technologies, which has significantly impacted the growth of AR in agriculture market. Although the market has huge potential, at the current stage, it lacks focus, especially from leading augmented reality developers, as these companies focus on other applications of augmented reality rather than agriculture. With the growing demand for digital technologies in agricultural practices, a greater number of companies are expected to invest and enter this market, which will eventually put a significant impact on market adoption and growth of AR in agriculture market.”

Global Autonomous Agriculture Equipment Market is Expected to Reach $28.90 Billion by 2026

Key Companies Operating in the Market and Competition Landscape

Augmenta, Grow Glide, Eon Reality,Think Digital, Nedap N.V.,Plant Vision, Visual Logic, Rams Creative Technologies Pvt. Ltd., Queppelin Technology Solutions Private Limited

Since the market is at a growing stage and very few companies are active in the market, more focus is currently on R&D and experimentation rather than business or corporate strategies.

The competitive strength of the key players operating in the market highlights there are very few companies active in the market. These companies are divided into active companies, possible companies, and upcoming companies. Active companies have a product available for the agriculture industry. Possible companies are those which have AR as an offering, and they have been involved in some projects related to agriculture. These companies are Rams Creative Technologies Pvt. Ltd. (YeppAR), Queppelin Technology Solutions Private Limited, Visartech Inc., VSight UAB.

Global Hyperspectral Imaging in Agriculture Market: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2020-2026

Market Segmentation of AR in Agriculture Market

Applications: The AR in agriculture market by application is majorly driven by indoor applications, such as vertical farming, hydroponics, aquaponics, and cannabis farming. As the population across the globe is increasing exponentially, the total supply of food must be increased; otherwise, food shortage could lead to serious socio-political issues. There are many indoor farming techniques such as vertical farming, aquaponics, hydroponics, and terrace farming.

Solutions: The AR in agriculture market by solution is dominated by the software segment, followed by the hardware segment. The augmented reality software is the most common method to deploy AR platforms. Majorly, the market is driven by handheld and mobile AR applications and web AR applications. The software segment has a huge influence from handheld and mobile devices applications. The handheld and mobile devices applications are very commonly used as they are very easy to deploy and do not require huge capital investments.

Region: North America is the leading region in agricultural technologies in terms of market adoption and development. North American countries are far ahead of the different regions, looking to implement various digital technologies beyond conventional farm machinery and services for efficient crop production. The region is one of the largest markets for the entire immersive reality ecosystem leading the world in terms of development due to the presence of market-leading AR development companies such as Microsoft and Google.

Global Autonomous Agriculture Equipment Market: Focus on Application, Equipment Type, Type, and Country-Wise Analysis – Analysis and Forecast, 2020-2026

Key Questions Answered in the Report

• What is the expected AR in agriculture market size during the forecast period 2021-2026?
• What is the expected future scenario and revenue generated by the different applications and product types?
• What is the expected future scenario and revenue generated by the application segments for which AR products are offered, including indoor and outdoor farming applications?
• Which region is the largest market for the AR in agriculture market?
• What are the expected future scenario and the revenue generated by different regions and countries in the AR in agriculture market, such as North America, the U.K., Europe, Asia-Pacific and Japan, China, and the Rest-of-the-World?
• How are the adoption scenario, related opportunities, and challenges impacting the AR in agriculture market?
• What are the business dynamics of AR in agriculture, and what is their role in the market, including market drivers, restraints, and opportunities?
• How much revenue each of the segments is expected to record during the forecast period along with the growth percentage? Following are the segments:
o Applications, including indoor farming and outdoor farming applications
Outdoor applications are further segmented into precision and smart farming, livestock monitoring, simulated training, weather tracking, and forecasting
o Solution Type, including hardware, software, services
o Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, and the Rest-of-the-World

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