Smart Plantation Management System Market Size - By Type Of System (Hardware, Software), By Application (Crop Monitoring and Management, Harvesting and Post-Harvest Management, Inventory and Supply Chain Management, Climate and Weather Monitoring) & Forecast By 2033
- PUBLISHED ON
- 2024-06-08
- NO OF PAGES
- 288
- CATEGORY
- Agriculture
Smart Plantation Management Systems Market is experiencing substantial growth on a global scale, projected to achieve a Compound Annual Growth Rate (CAGR) of 6.20 % during the estimated period spanning from 2023 to 2033. The market started at a value of USD 1.26 billion in 2022 and USD 2.01 billion in 2033.
The smart plantation management system market has emerged as a significant sector within the agricultural industry, revolutionizing the way plantations are managed and optimized. With the integration of advanced technologies such as Internet of Things (IoT), artificial intelligence (AI), and data analytics, smart plantation management systems enable precise monitoring, analysis, and control of various plantation operations. This market has been experiencing robust growth globally, and is projected to continue expanding at a promising rate.
Smart plantation management systems enable precise monitoring and control of various plantation operations, leading to increased efficiency. Farmers can optimize resource utilization, automate tasks, and make data-driven decisions, resulting in improved productivity. By monitoring crop health, soil conditions, and environmental factors, smart plantation management systems help farmers identify potential issues and take proactive measures. This leads to increased crop yields and improved quality of produce.
Report Scope:
Report Attributes | Description |
Market forecast in 2022 | USD 1.26 billion |
Market forecast in 2033 | USD 2.01 billion |
CAGR% 2023-2033 | 6.20 % |
Base year | 2022 |
Historic data | 2020-2021 |
Forecast period | 2023-2033 |
Report USP | Product, End User, company share, company heat map, company capacity, technology, product capacity, growth factors and more |
Key Companies
| Robert Bosch; Deere & Company; Netafim; Synelixis Solutions; DTN; Tevatronics; Semiosbio Technologies; Jain Irrigation Systems; Hidrosoph; Aquasky; AG Leader Technology; Teejet Technologies; Crop Metrics; Topcon Group; Raven Industries; Others. |
Smart Plantation Management System Market: Key Trends
• Adoption of Internet of Things (IoT): IoT technology plays a crucial role in smart plantation management systems by connecting various devices and sensors to collect real-time data. The integration of IoT enables remote monitoring, data analysis, and control of plantation operations, facilitating efficient resource management and decision-making.
• Integration of Artificial Intelligence (AI) and Machine Learning (ML): AI and ML algorithms are being integrated into smart plantation management systems to analyse vast amounts of data and provide actionable insights. These technologies enable predictive analytics, crop forecasting, pest and disease detection, and personalized recommendations for optimal plantation management.
Smart Plantation Management System Market: Regional analysis
North America:
The North American market is characterized by advanced agricultural practices and high adoption of smart farming technologies. The United States and Canada are prominent contributors to the market growth, driven by the presence of large-scale commercial plantations and a focus on precision agriculture.
Europe:
Europe is witnessing significant growth in the smart plantation management system market, driven by supportive government initiatives promoting digital farming practices. Countries like Germany, France, and the Netherlands are leading in terms of adoption, owing to their strong agricultural sector and emphasis on technological advancements.
Asia-Pacific:
The Asia-Pacific region is experiencing rapid growth in the smart plantation management system market due to the increasing adoption of precision agriculture techniques. Countries like China, India, Japan, and Australia are major contributors to market growth, driven by the need to enhance agricultural productivity to meet rising food demand.
Middle East and Africa:
The Middle East and Africa region are gradually embracing smart plantation management systems to address the challenges of limited water resources and harsh climatic conditions. Countries like Israel, Saudi Arabia, and South Africa are leading in the adoption of advanced agricultural technologies, including precision farming solutions.
Smart Plantation Management System Market: Segmentation
By Type Of System:
• Hardware
• Software
By Application:
• Crop Monitoring and Management
• Harvesting and Post-Harvest Management
• Inventory and Supply Chain Management
• Climate and Weather Monitoring
Smart Plantation Management System Market: Recent Development
• In March 2020, AgJunction Inc. collaborated with GeoSurf Corporation and Anhui Zhongke Intelligent Sense and Big Data Industrial Technology Research Institute Co. Ltd (ISTI) to deliver precision agriculture solutions in the Asia-Pacific region.
• The partnership agreement between The Climate Corporation and Pinnacle Agriculture Distribution Inc. in 2019 has the potential to expand The Climate Corporation's customer base.
• In 2019, Syngenta successfully acquired the relevant assets of the Cropio Group, an Ag-Tech company that offers comprehensive software solutions for imaging, record keeping, and equipment tracking
Smart Plantation Management System Market: Impact of covid-19
• Shift towards Remote Work and Monitoring: The pandemic accelerated the trend of remote work and monitoring in the agriculture sector. Smart plantation management systems allowed farmers and agricultural professionals to remotely monitor and control their plantations, ensuring continuity of operations despite movement restrictions.
• Demand for Automation and Labor Reduction: Labor availability and mobility were significantly impacted by the pandemic. As a result, there has been an increased demand for automation technologies within smart plantation management systems to reduce reliance on manual labor and ensure continuous operations.
• Focus on Food Security and Supply Chain Resilience: The pandemic highlighted the importance of ensuring food security and resilient supply chains. Smart plantation management systems, with their ability to optimize resource utilization and enhance productivity, gained attention as a solution to mitigate disruptions and improve the resilience of the agricultural sector.
Smart Plantation Management System Market: Company Profiles
• Robert Bosch
• Deere & Company
• Netafim
• Synelixis Solutions
• DTN
• Tevatronics
• Semiosbio Technologies
• Jain Irrigation Systems
• Hidrosoph
• Aquasky
• AG Leader Technology
• Teejet Technologies
• Crop Metrics
• Topcon Group
• Raven Industries
• Others
Smart Plantation Management System Market: Regional Scope
North America
• U.S
• Canada
• Mexico
Europe
• U.K
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• Chain
• India
• Japan
• South Korea
• Australia
• Rest of Asia pacific
South America
• Brazil
• Argentina
• Rest of south America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa
1.
Global Smart Plantation
Management System Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Smart Plantation Management System Market
Definition & Description
1.3. Global Smart
Plantation Management System Market Scope and Market Estimation
1.3.1.
Global Smart Plantation Management System Overall
Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)
1.3.2.
Global Smart Plantation Management System Market
Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1.
Product Type of Global Smart Plantation Management
System Market
1.4.2.
Application of Global Smart Plantation Management
System Market
1.4.3.
Region of Global Smart Plantation Management
System Market
2.
Executive Summary
2.1. Global Smart Plantation Management System Market
Industry Trends under COVID-19 Outbreak
2.1.1.
Global COVID-19 Status Overview
2.1.2.
Influence of COVID-19 Outbreak on Global Smart Plantation Management System Market
Industry Development
2.2. Market
Dynamics
2.2.1.
Drivers
2.2.2.
Limitations
2.2.3.
Opportunities
2.2.4.
Impact Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1.
Bargaining Power of Suppliers
2.5.2.
Bargaining Power of Buyers
2.5.3.
Threat of Substitutes
2.5.4.
Threat of New Entrants
2.5.5.
Competitive Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region
3.
Global Smart Plantation Management System
Market Estimates &
Historical Trend Analysis (2020 - 2022)
4.
Global Smart Plantation Management System
Market Estimates & Forecast
Trend Analysis, by Product Type
4.1. Global Smart
Plantation Management System Market Revenue (US$ Mn) Estimates and Forecasts,
by Product Type, 2023 to 2033
4.1.1.
Hardware
4.1.2.
Software
5.
Global Smart Plantation Management System
Market Estimates & Forecast
Trend Analysis, by Application
5.1. Global Smart
Plantation Management System Market Revenue (US$ Mn) Estimates and Forecasts,
by Installation, 2023 to 2033
5.1.1.
Crop Monitoring and Management
5.1.2.
Harvesting and Post-Harvest Management
5.1.3.
Inventory and Supply Chain Management
5.1.4.
Climate and Weather Monitoring
6.
Global Smart Plantation Management System
Market Estimates & Forecast
Trend Analysis, by Region
6.1. Global Smart
Plantation Management System Market Revenue (US$ Mn) Estimates and Forecasts,
by Region, 2023 to 2033
6.1.1.
North America
6.1.2.
Europe
6.1.3.
Asia Pacific
6.1.4.
Middle East & Africa
6.1.5.
South America
7.
North America Smart
Plantation Management System Market:
Estimates & Forecast Trend Analysis
7.1.
North America Smart Plantation Management System
Market Assessments & Key Findings
7.1.1.
North America Smart Plantation Management System
Market Introduction
7.1.2.
North America Smart Plantation Management System
Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
7.1.2.1.
By Product
Type
7.1.2.2.
By Application
7.1.2.3.
By Country
7.1.2.3.1.
The U.S.
7.1.2.3.2.
Canada
7.1.2.3.3.
Mexico
8.
Europe Smart
Plantation Management System Market:
Estimates & Forecast Trend Analysis
8.1. Europe Smart
Plantation Management System Market Assessments & Key Findings
8.1.1.
Europe Smart Plantation Management System Market
Introduction
8.1.2.
Europe Smart Plantation Management System Market
Size Estimates and Forecast (US$ Million) (2023 to 2033)
8.1.2.1.
By
Product Type
8.1.2.2.
By
Application
8.1.2.3.
By Country
8.1.2.3.1.
Germany
8.1.2.3.2.
U.K.
8.1.2.3.3.
France
8.1.2.3.4.
Italy
8.1.2.3.5.
Spain
8.1.2.3.6.
Russia
8.1.2.3.7.
Rest of Europe
9.
Asia Pacific Smart
Plantation Management System Market:
Estimates & Forecast Trend Analysis
9.1. Asia
Pacific Market Assessments & Key Findings
9.1.1.
Asia Pacific Smart Plantation Management System
Market Introduction
9.1.2.
Asia Pacific Smart Plantation Management System
Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
9.1.2.1.
By
Product Type
9.1.2.2.
By
Application
9.1.2.3.
By Country
9.1.2.3.1.
China
9.1.2.3.2.
Japan
9.1.2.3.3.
India
9.1.2.3.4.
Australia
9.1.2.3.5.
South Korea
9.1.2.3.6.
ASEAN
9.1.2.3.7.
Rest of Asia Pacific
10.
Middle East &
Africa Smart
Plantation Management System Market:
Estimates & Forecast Trend Analysis
10.1.
Middle East & Africa Market Assessments &
Key Findings
10.1.1.
Middle East & Africa Smart
Plantation Management System Market Introduction
10.1.2.
Middle East & Africa Smart
Plantation Management System Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
10.1.2.1.
By
Product Type
10.1.2.2.
By
Application
10.1.2.3.
By Country
10.1.2.3.1.
U.A.E.
10.1.2.3.2.
Saudi Arabia
10.1.2.3.3.
Egypt
10.1.2.3.4.
South Africa
10.1.2.3.5.
Rest of Middle East & Africa
11.
South America Smart
Plantation Management System Market:
Estimates & Forecast Trend Analysis
11.1.
South America Market Assessments & Key
Findings
11.1.1.
South America Smart Plantation Management System
Market Introduction
11.1.2.
South America Smart Plantation Management System
Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
11.1.2.1.
By
Product Type
11.1.2.2.
By
Application
11.1.2.3.
By Country
11.1.2.3.1.
Brazil
11.1.2.3.2.
Argentina
11.1.2.3.3.
Colombia
11.1.2.3.4.
Rest of South America
12.
Competition
Landscape
12.1.
Global Smart Plantation Management System Market
Competition Matrix & Benchmarking, by Leading Players / Innovators /
Emerging Players / New Entrants
12.2.
Global Smart Plantation Management System Market
Concentration & Company Market Shares (%) Analysis, 2022
13.
Company Profiles
13.1.
Robert
Bosch
13.1.1. Company
Overview & Key Stats
13.1.2. Financial
Performance & KPIs
13.1.3. Product
Portfolio
13.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the players
mentioned below
13.2.
Deere
& Company
13.3.
Netafim
13.4.
Synelixis
Solutions
13.5.
DTN
13.6.
Tevatronics
13.7.
Semiosbio
Technologies
13.8.
Jain
Irrigation Systems
13.9.
Hidrosoph
13.10.
Aquasky
13.11.
AG Leader
Technology
13.12.
Teejet
Technologies
13.13.
Crop
Metrics
13.14.
Topcon
Group
13.15.
Raven
Industries
13.16.
Others**
14.
Research Methodology
14.1.
External Transportations / Databases
14.2.
Internal Proprietary Database
14.3.
Primary Research
14.4.
Secondary Research
14.5.
Assumptions
14.6.
Limitations
14.7.
Report FAQs
15.
Research Findings & Conclusion
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Frequently Asked Questions
What is the market size and growth projections?
The smart plantation management systems market is experiencing substantial growth on a global scale, projected to achieve a Compound Annual Growth Rate (CAGR) of 6.20 % during the estimated period spanning from 2023 to 2033. The market started at a value of USD 1.26 billion in 2022 and USD 2.01 billion in 2033.
What are the trends shaping various markets?
IoT technology plays a crucial role in smart plantation management systems by connecting various devices and sensors to collect real-time data.
Who are the key competitors of market Players?
Some of the major players operating within the market are Robert Bosch; Deere & Company; Netafim; Synelixis Solutions; DTN; Tevatronics; Semiosbio Technologies; Jain Irrigation Systems; Hidrosoph; Aquasky; AG Leader Technology; Teejet Technologies; Crop Metrics; Topcon Group; Raven Industries; Others.
What are the top performing segments, and countries / regions of each of the markets?
The North American market is characterized by advanced agricultural practices and high adoption of smart farming technologies.
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