EUROPE SMART AGRICULTURE MARKET 2022-2028

Description

EUROPE SMART AGRICULTURE MARKET 2022-2028

MARKET OUTLOOK

This report on the European smart agriculture market estimates it to grow with a CAGR of 9.90% over the forecast years between 2022 and 2028. Spain, Italy, Germany, France, the United Kingdom, and Rest of Europe are considered in the market report of this region.
Technology has led agri-tech start-ups in France to develop software, algorithms, artificial intelligence, drones, satellites, and robots. For instance, Paris-based La Ferme Digitale is working on 45 projects to incorporate digital technology on farms. It aims to produce organic fertilizers, set up marketplaces, develop decision-support software, and crowdfund MiiMOSA, a site for agriculture and food.
Further, nearly 250 startups are focusing on the agricultural technology sector. As a result, the aforementioned factors will boost digitalization and smart agricultural practices over the forecast period, widening the market’s scope in the country.
Smart farming solutions have been moderately incorporated into traditional farming methods in Spain. The younger generation of farmers in the country is showing inclination towards hi-tech education to strengthen their multidisciplinary skill sets.
This includes knowledge of robotics, informatics, chemistry, biology, and meteorology, in addition to being able to operate machinery. Additionally, the country’s agricultural sector has not completely utilized the economic potential of digital technologies and advanced farm management systems, which opens new opportunities for the smart agriculture market.

COMPETITIVE OUTLOOK

The primary contenders in the smart agriculture market include Deere & Company, AGCO Corporation, AgJunction, InnovaSea Systems Inc, Afimilk Ltd, DeLaval, Trimble Inc, and The Climate Corporation (Bayer AG).

TABLE OF CONTENTS

1. EUROPE SMART AGRICULTURE MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. KEY INSIGHTS
2.1.1. USE OF VERTICAL FARMING DUE TO RISING FOOD DEMAND
2.1.2. RISING LABOR COST
2.1.3. RISING FOOD SECURITY CONCERNS DUE TO CLIMATE CHANGE
2.2. IMPACT OF COVID-19 ON THE SMART AGRICULTURE MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. REGULATORY FRAMEWORK
2.6. VENDOR SCORECARD
2.7. KEY MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT LAUNCHES
2.7.3. PARTNERSHIPS & AGREEMENTS
2.8. MARKET DRIVERS
2.8.1. AUTOMATION IN THE AGRICULTURAL INDUSTRY
2.8.2. INCREASING CORPORATE FARMING
2.8.3. ADVANCEMENTS IN AGRICULTURAL TECHNOLOGY AROUND THE GLOBE
2.8.4. GOVERNMENT INITIATIVES TO HELP THE AGRICULTURAL SECTOR
2.9. MARKET CHALLENGES
2.9.1. HIGH COST OF MODERN AGRICULTURAL EQUIPMENT
2.9.2. SHORTAGE OF SKILLED OPERATORS
2.10. MARKET OPPORTUNITIES
2.10.1. DRONE USAGE IS REVOLUTIONIZING THE AGRICULTURAL SECTOR
2.10.2. INCREASE IN THE USE OF VERTICAL FARMING
3. EUROPE SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION FARMING
3.2. LIVESTOCK MONITORING
3.3. PRECISION AQUACULTURE
3.4. SMART GREENHOUSE
4. EUROPE SMART AGRICULTURE MARKET OUTLOOK – BY COMPONENT
4.1. SOLUTION
4.1.1. HARDWARE
4.1.1.1. HVAC SYSTEMS
4.1.1.2. LED GROW LIGHTS
4.1.1.3. VALVES & PUMPS
4.1.1.4. SENSORS & CONTROL SYSTEMS
4.1.1.5. OTHER HARDWARE
4.1.2. SOFTWARE
4.1.2.1. NETWORK MANAGEMENT
4.1.2.2. AGRICULTURE ASSET MANAGEMENT
4.1.2.3. SMART WATER MANAGEMENT
4.1.2.4. IRRIGATION MANAGEMENT
4.2. SERVICE
4.2.1. CONSULTING
4.2.2. SYSTEM INTEGRATION & DEPLOYMENT
4.2.3. SUPPORT & MAINTENANCE
4.3. CONNECTIVITY TECHNOLOGY
4.3.1. CELLULAR IOT
4.3.2. LORA
4.3.3. NB-IOT
4.3.4. GLOBAL NAVIGATION SATELLITE SYSTEMS
4.3.5. WI-FI
4.3.6. SIGFOX
4.3.7. WIRELINE
4.3.8. WIRELESS PERSONAL AREA NETWORK (WPAN)
4.3.9. OTHER CONNECTIVITY TECHNOLOGIES
5. EUROPE SMART AGRICULTURE MARKET – COUNTRY OUTLOOK
5.1. UNITED KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. REST OF EUROPE
6. COMPETITIVE LANDSCAPE
6.1. AGCO CORPORATION
6.2. AFIMILK LTD
6.3. AKVA
6.4. AGEAGLE AERIAL SYSTEMS INC
6.5. DEERE & COMPANY
6.6. THE CLIMATE CORPORATION (BAYER AG)
6.7. DELAVAL
6.8. TRIMBLE INC
6.9. RAVEN INDUSTRIES
6.10. LUMIGROW INC
6.11. TOPCON POSITIONING SYSTEMS INC
6.12. AGJUNCTION
6.13. INNOVASEA SYSTEMS INC
6.14. MSD ANIMAL HEALTH (MERCK & CO)
6.15. SEMIOSBIO TECHNOLOGIES INC
6.16. AKER TECHNOLOGIES INC
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY

LIST OF TABLES
TABLE 1: EUROPE SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: VENDOR SCORECARD
TABLE 4: EUROPE SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: EUROPE SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 6: EUROPE SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 7: EUROPE SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 8: EUROPE SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 9: EUROPE SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: EUROPE SMART AGRICULTURE MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 3: EUROPE SMART AGRICULTURE MARKET, BY PRECISION FARMING, 2022-2028 (IN $ MILLION)
FIGURE 4: EUROPE SMART AGRICULTURE MARKET, BY LIVESTOCK MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE SMART AGRICULTURE MARKET, BY PRECISION AQUACULTURE, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE SMART AGRICULTURE MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: EUROPE SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE SMART AGRICULTURE MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 10: EUROPE SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE SMART AGRICULTURE MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 12: EUROPE SMART AGRICULTURE MARKET, BY HVAC SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE SMART AGRICULTURE MARKET, BY LED GROW LIGHTS, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE SMART AGRICULTURE MARKET, BY VALVES & PUMPS, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE SMART AGRICULTURE MARKET, BY SENSORS & CONTROL SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE SMART AGRICULTURE MARKET, BY OTHER HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE SMART AGRICULTURE MARKET, BY SOFTWARE, 2021 & 2028 (IN %)
FIGURE 19: EUROPE SMART AGRICULTURE MARKET, BY NETWORK MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE SMART AGRICULTURE MARKET, BY AGRICULTURE ASSET MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE SMART AGRICULTURE MARKET, BY SMART WATER MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE SMART AGRICULTURE MARKET, BY IRRIGATION MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 23: EUROPE SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 24: EUROPE SMART AGRICULTURE MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 25: EUROPE SMART AGRICULTURE MARKET, BY CONSULTING, 2022-2028 (IN $ MILLION)
FIGURE 26: EUROPE SMART AGRICULTURE MARKET, BY SYSTEM INTEGRATION & DEPLOYMENT, 2022-2028 (IN $ MILLION)
FIGURE 27: EUROPE SMART AGRICULTURE MARKET, BY SUPPORT & MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 28: EUROPE SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 29: EUROPE SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 30: EUROPE SMART AGRICULTURE MARKET, BY CELLULAR IOT, 2022-2028 (IN $ MILLION)
FIGURE 31: EUROPE SMART AGRICULTURE MARKET, BY LORA, 2022-2028 (IN $ MILLION)
FIGURE 32: EUROPE SMART AGRICULTURE MARKET, BY NB-IOT, 2022-2028 (IN $ MILLION)
FIGURE 33: EUROPE SMART AGRICULTURE MARKET, BY GLOBAL NAVIGATION SATELLITE SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 34: EUROPE SMART AGRICULTURE MARKET, BY WI-FI, 2022-2028 (IN $ MILLION)
FIGURE 35: EUROPE SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 36: EUROPE SMART AGRICULTURE MARKET, BY WIRELINE, 2022-2028 (IN $ MILLION)
FIGURE 37: EUROPE SMART AGRICULTURE MARKET, BY WIRELESS PERSONAL AREA NETWORK (WPAN), 2022-2028 (IN $ MILLION)
FIGURE 38: EUROPE SMART AGRICULTURE MARKET, BY OTHER CONNECTIVITY TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 39: EUROPE SMART AGRICULTURE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: UNITED KINGDOM SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: GERMANY SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: FRANCE SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: SPAIN SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: ITALY SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: REST OF EUROPE SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)