Product Code: AGA1369SA
“The Europe Smart Farming market to reach $8.42 Billion by 2027.”
Europe Smart Farming Market Industry Overview
The Europe smart farming market was valued at $3,993.7 million in 2022 and is expected to reach $8,420.6 million in 2027, following a CAGR of 16.09% during 2022-2027. The growth in the Europe Smart Farming Market is expected to be driven by increase in adoption of IoT and artificial intelligence, digitalization of agriculture operations, rise in dependence on advanced technologies to enhance production across the region.
Market Lifecycle Stage
The Smart Farming Market is in a growing phase owing to different advanced technologies in the market. As increase in adoption of automated machineries and equipment, sensors and navigation systems, robots, autonomous vehicles, guidance and steering systems, and others. Sensors and guidance and steering systems are the most important hardware components used in the modern agriculture operations.
Impact
- Smart farming is about using the new technologies that emerged in agriculture and livestock at the beginning of the fourth industrial revolution to increase production volume and quality by making maximum use of resources and minimizing environmental impact. Also, the implementation of technology in agriculture and livestock will make it possible to improve food security around the world.
- The use of smart farming can assist farmers in reducing waste and increasing efficiency by integrating them into their operations. Trends such as increasing requirements for crop yield and increasing demand to combat climate change further contribute to the growth of the Europe smart farming market. Varying weather circumstances influence soil quality and crop yields. Therefore, farmers in Europe are adopting innovations and technologies that can optimize production costs and lessen the harmful effects of greenhouse gases, such as methane, on the environment.
- The use of smart farming technologies has positive impact of agriculture operations and livestock farming. These technologies offer benefits such as increased efficiency & productivity, water saving, reduced costs, pest detection and animal health, better sustainability, and others. In addition, smart farming helps farmers better understand the important factors such as water, topography, orientation, vegetation, and soil types.
Impact of COVID-19
The outbreak of COVID-19, followed by the European country's lockdown in 2020-2021, disrupted the function of the Europe smart farming market. It affected the production process and supply chain networks and resulted in losses for the manufacturers in the Europe smart farming market. The unavailability of labour and lack of raw materials such as sensors, semiconductors, and other components were the key factors that limited production. However, production activities gradually started by the end of 2020 as the governments of different countries provided some relief from the lockdown.
Market Segmentation:
Segmentation 1: by Application
- Precision Farming
- Livestock Monitoring & Management
- Aquaculture
- Others
The Europe Smart Farming Market in the application segment is expected to be dominated by precision farming applications. Rise in use of precision farming applications such as precision irrigation, yield monitoring & forecasting, precision spraying, precision planting, and others are expected to drive the growth of this segment in the region. This is followed by the livestock monitoring and management segment which accounts for the second-largest share in the smart farming market due to increase in awareness and demand towards tracking and monitoring of health of livestock across the Europe.
Segmentation 2: by Product Type
- Hardware
- Software
- Services
The hardware segment is estimated to capture highest market share during the period 2022 to 2027. The hardware equipment is increasingly used in the various farming operations. In addition, the increasing adoption of intelligent or autonomous vehicles integrated with sensors and navigation systems, computer vision is expected to drive the growth of the smart farming market in the region. Moreover, increase in penetration of integrated hardware and software technologies are expected to increase the production and efficiency of farms which in turn is projected to drive the market growth in the coming years.
Segmentation 3: by Country
- Europe - U.K., Germany, France, Italy, Spain, Netherlands, Ukraine, Sweden, Finland, Norway, Denmark, Poland, Czech Republic, and Rest-of-Europe
U.K. generated the highest revenue of $540.2 million in 2021. The country is experiencing an increase in adoption of smart farming technologies such as autonomous vehicles, software systems, and other automation and control systems. In addition, increase adoption of digital technologies for modern farm machineries in efficient crop production in the country along with rise in popularity of indoor farming owing to urbanization. Germany registered the 2nd highest revenue in the Europe smart farming market.
Recent Developments in Europe Smart Farming Market
- In October 2022, Trimble Inc. launched new agriculture displays, such as Trimble GFX-1060 and GFX-1260, for precision agriculture applications. These displays provide next-generation performance and connectivity for in-field operations.
- In January 2022, Hexagon Agriculture launched a new technology named HxGN AgrOn planting assistant. This new technology is aimed at improving accuracy in shovel planting. This item can also be adopted by other types of crops, such as palm oil, coffee, banana, and citrus.
- In June 2022, BASF acquired Horta S.r.l., an Italian company specialized in digital farming solutions. Horta is an established player for the development of highly innovative agronomic Decision Support Systems (DSS) for crops such as grapes, tomatoes, cereals and olives.
- In August 2022, CropX inc. launched a continuous nitrogen leaching monitoring capability for its farm management system. This new development would track the nitrogen movement and salts in the soil.
Demand - Drivers and Limitations
Following are the demand drivers for the Europe Smart Farming Market:
- Need for Higher Food Production with Limited Resources
- Decreasing Workforce Availability in Agriculture
- Increased Farmland Consolidation and Large Farm Size
The market is expected to face some following challenges:
- Rising Concern over Data Security
- Lack of Interoperability is Hindering the Growth
Analyst Thoughts
According to Debraj Chakraborty, Principal Analyst, BIS Research, "The use of smart farming technologies such as IoT sensors have been able to increase crop yields by 15% while decreasing fertilizer and water use by around 25%. This highlights the significance of smart farming technologies in raising profitability and environmental performance.".
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of hardware, software, and services are available in the smart farming applications. Moreover, the study provides the reader a detailed understanding of the different product types by applications (precision farming, livestock monitoring & management, aquaculture, and others). Hardware solutions such as autonomous vehicles, sensing and navigation systems, yield mapping devices, and auto steering systems are most widely used in modern agriculture practices. Therefore, the smart farming market is a moderate investment and high revenue generating product in the coming years owing to the rise in investment towards climate smart agriculture practices across the region.
Growth/Marketing Strategy: The Europe Smart Farming Market has seen major development by key players operating in the market, such as acquisition, partnership, agreement, business expansion, and product launches. The favoured strategy for the companies has been partnerships, joint venture, collaborations, and product launch to strengthen their positions in the Europe smart farming market.
For instance, in October 2021, AGRIVI partnered with FarmApp. This partnership aimed at providing customers with digital agriculture solutions. It would help customers to achieve new levels of production efficiency. In addition, AGRIVI would strengthen its presence in Europe through this partnership.
Competitive Strategy: Key players in the Europe Smart Farming Market analysed and profiled in the study involve integrated hardware and software manufacturers that are engaged in providing advanced smart farming solutions to farmers and other agriculture service companies. Moreover, a detailed competitive benchmarking of the players operating in the Europe Smart Farming 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, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The top segment players who are leading include key precision farming and livestock monitoring & management technologies manufacturers in the market and the ones which are engaged in providing smart aquaculture solutions across the region.
Key Companies Profiled
Company Type 1: Precision Farming Companies
- AGRIVI
- Agroptima S.L.
- CropX, Inc.
- Hexagon Agriculture
- Kubota Corporation
- Climate LLC (Bayer AG)
- AgriCircle
- Augmenta
- Yara International ASA
- Ec2ce
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- Ag Leader Technology
- Trimble Inc.
- CNH Industrial N.V.
- BASF SE
- Deere & Company
- FarmFacts
- OneSoil
- Intellias
- Proagrica (LexisNexis Risk Solutions Group)
- Syngenta AG
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Table of Contents
1 Markets
- 1.1 Industry Outlook
- 1.1.1 Market Definition
- 1.1.2 Trends: Current and Future
- 1.1.2.1 5G: The Future of Smart Farming
- 1.1.2.2 Increasing Adoption of Agriculture Technology-as-a-Service
- 1.1.3 Ecosystem/Ongoing Programs
- 1.1.3.1 Consortiums and Associations
- 1.1.3.2 Regulatory Bodies
- 1.1.3.3 Government Programs
- 1.2 Business Dynamics
- 1.2.1 Business Drivers
- 1.2.1.1 Need for Higher Food Production with Limited Resources
- 1.2.1.2 Decreasing Workforce Availability in Agriculture
- 1.2.1.3 Increased Farmland Consolidation and Large Farm Size
- 1.2.2 Business Challenges
- 1.2.2.1 Rising Concern over Data Security
- 1.2.2.2 Lack of Interoperability is Hindering the Growth
- 1.2.3 Market Strategies and Developments
- 1.2.3.1 Business Strategies
- 1.2.3.1.1 Product Developments
- 1.2.3.1.2 Market Developments
- 1.2.3.2 Corporate Strategies
- 1.2.3.2.1 Mergers and Acquisitions
- 1.2.3.2.2 Partnerships, Collaborations, Joint Ventures, and Alliances
- 1.2.3.3 Others
- 1.2.4 Business Opportunities
- 1.2.4.1 Integration of Emerging Technologies with Existing Practices
- 1.2.4.2 Integral Offerings with Horizontal Integration in Farming
- 1.3 Business Model Analysis
- 1.3.1 Business Model of OneSoil
- 1.3.2 Business Model of CropX inc.
- 1.3.3 Business Model of Hummingbird Technologies Limited
- 1.4 Start-up Landscape
- 1.4.1 Key Start-ups in the Ecosystem
- 1.4.2 Funding Analysis
- 1.4.2.1 Total Investments and Number of Funding Deals
- 1.4.2.2 Top Funding Deals by the Start-Ups
- 1.4.2.3 Funding Analysis (by Country)
- 1.4.2.4 Funding Analysis (by Investors)
- 1.5 Geopolitical and Socioeconomic Impact Analysis
- 1.5.1 Impact of European Grean Deal on Smart Farming Market
- 1.5.2 Impact of COVID-19 on the Europe Smart Farming Market
- 1.5.3 Impact of Russia-Ukraine Crisis on Europe Smart Farming Market
2 Application
- 2.1 Europe Smart Farming Market (by Application)
- 2.1.1 Precision Farming
- 2.1.1.1 Yield Monitoring and Crop Scouting or Forecasting
- 2.1.1.2 Precision Planting
- 2.1.1.3 Precision Spraying
- 2.1.1.4 Precision Fertilization
- 2.1.1.5 Precision Irrigation
- 2.1.1.6 Farm Management
- 2.1.1.7 Others
- 2.1.2 Livestock Monitoring and Management
- 2.1.3 Aquaculture
- 2.1.4 Others
- 2.2 Demand Analysis of the Europe Smart Farming Market (by Application)
- 2.2.1 Demand Analysis of the Europe Smart Farming Market (by Precision Farming Application)
3 Product
- 3.1 Smart Farming Market (by Product)
- 3.1.1 Hardware
- 3.1.2 Software
- 3.1.2.1 Software Type
- 3.1.2.1.1 Farm Operation Management Software
- 3.1.2.1.2 Hardware Control Application Software
- 3.1.2.1.3 Data and Predictive Analytics Software
- 3.1.2.2 Deployment Type
- 3.1.2.2.1 On-Premises
- 3.1.2.2.2 Cloud-Based
- 3.1.3 Services
- 3.2 Demand Analysis of the Europe Smart Farming Market (by Product)
- 3.2.1 Demand Analysis of the Europe Smart Farming Market (by Software)
- 3.2.2 Demand Analysis of the Europe Smart Farming Market (by Deployment)
- 3.3 Patent Analysis
- 3.3.1 Patent Analysis (by Objective)
- 3.3.1.1 Patent Analysis (by Application)
- 3.3.2 Patent Analysis (by Organization)
- 3.3.3 Patent Analysis (by Patent Office)
- 3.4 Value Chain Analysis
4 Region
- 4.1 Europe
- 4.1.1 Market
- 4.1.1.1 Buyer Attributes
- 4.1.1.1.1 Farm Size and Labor Availability
- 4.1.1.1.2 Crop Production
- 4.1.1.1.3 Demographics
- 4.1.1.1.4 Digitalized Acreage by Company
- 4.1.1.2 Market Share Analysis (by Company)
- 4.1.1.3 Business Drivers
- 4.1.1.4 Business Challenges
- 4.1.2 Europe (by Country)
- 4.1.2.1 Germany
- 4.1.2.1.1 Market
- 4.1.2.1.1.1 Buyer Attributes
- 4.1.2.1.1.1.1 Farm Size and Labor Availability
- 4.1.2.1.1.1.2 Crop Production
- 4.1.2.1.1.1.3 Demographics
- 4.1.2.1.1.1.4 Digitalized Acreage by Company
- 4.1.2.1.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.1.1.3 Business Challenges
- 4.1.2.1.1.4 Business Drivers
- 4.1.2.1.2 Application
- 4.1.2.1.2.1 Germany Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.1.2.1.1 Germany Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.1.3 Product
- 4.1.2.1.3.1 Germany Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.1.3.1.1 Germany Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.1.3.1.2 Germany Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.2 France
- 4.1.2.2.1 Market
- 4.1.2.2.1.1 Buyer Attributes
- 4.1.2.2.1.1.1 Farm Size and Labor Availability
- 4.1.2.2.1.1.2 Crop Production
- 4.1.2.2.1.1.3 Demographics
- 4.1.2.2.1.1.4 Digitalized Acreage by Company
- 4.1.2.2.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.2.1.3 Business Challenges
- 4.1.2.2.1.4 Business Drivers
- 4.1.2.2.2 Application
- 4.1.2.2.2.1 France Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.2.2.1.1 France Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.2.3 Product
- 4.1.2.2.3.1 France Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.2.3.1.1 France Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.2.3.1.2 France Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.3 Netherlands
- 4.1.2.3.1 Market
- 4.1.2.3.1.1 Buyer Attributes
- 4.1.2.3.1.1.1 Farm Size and Labor Availability
- 4.1.2.3.1.1.2 Crop Production
- 4.1.2.3.1.1.3 Demographics
- 4.1.2.3.1.1.4 Digitalized Acreage by Company
- 4.1.2.3.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.3.1.3 Business Challenges
- 4.1.2.3.1.4 Business Drivers
- 4.1.2.3.2 Application
- 4.1.2.3.2.1 Netherlands Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.3.2.1.1 Netherlands Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.3.3 Product
- 4.1.2.3.3.1 Netherlands Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.3.3.1.1 Netherlands Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.3.3.1.2 Netherlands Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.4 Italy
- 4.1.2.4.1 Market
- 4.1.2.4.1.1 Buyer Attributes
- 4.1.2.4.1.1.1 Farm Size and Labor Availability
- 4.1.2.4.1.1.2 Crop Production
- 4.1.2.4.1.1.3 Demographics
- 4.1.2.4.1.1.4 Digitalized Acreage by Company
- 4.1.2.4.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.4.1.3 Business Challenges
- 4.1.2.4.1.4 Business Drivers
- 4.1.2.4.2 Application
- 4.1.2.4.2.1 Italy Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.4.2.1.1 Italy Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.4.3 Product
- 4.1.2.4.3.1 Italy Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.4.3.1.1 Italy Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.4.3.1.2 Italy Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.5 Spain
- 4.1.2.5.1 Market
- 4.1.2.5.1.1 Buyer Attributes
- 4.1.2.5.1.1.1 Farm Size and Labor Availability
- 4.1.2.5.1.1.2 Crop Production
- 4.1.2.5.1.1.3 Demographics
- 4.1.2.5.1.1.4 Digitalized Acreage by Company
- 4.1.2.5.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.5.1.3 Business Challenges
- 4.1.2.5.1.4 Business Drivers
- 4.1.2.5.2 Application
- 4.1.2.5.2.1 Spain Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.5.2.1.1 Spain Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.5.3 Product
- 4.1.2.5.3.1 Spain Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.5.3.1.1 Spain Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.5.3.1.2 Spain Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.6 Denmark
- 4.1.2.6.1 Market
- 4.1.2.6.1.1 Buyer Attributes
- 4.1.2.6.1.1.1 Farm Size and Labor Availability
- 4.1.2.6.1.1.2 Crop Production
- 4.1.2.6.1.1.3 Demographics
- 4.1.2.6.1.1.4 Digitalized Acreage by Company
- 4.1.2.6.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.6.1.3 Business Challenges
- 4.1.2.6.1.4 Business Drivers
- 4.1.2.6.2 Application
- 4.1.2.6.2.1 Denmark Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.6.2.1.1 Denmark Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.6.3 Product
- 4.1.2.6.3.1 Denmark Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.6.3.1.1 Denmark Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.6.3.1.2 Denmark Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.7 Norway
- 4.1.2.7.1 Market
- 4.1.2.7.1.1 Buyer Attributes
- 4.1.2.7.1.1.1 Farm Size and Labor Availability
- 4.1.2.7.1.1.2 Crop Production
- 4.1.2.7.1.1.3 Demographics
- 4.1.2.7.1.1.4 Digitalized Acreage by Company
- 4.1.2.7.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.7.1.3 Business Challenges
- 4.1.2.7.1.4 Business Drivers
- 4.1.2.7.2 Application
- 4.1.2.7.2.1 Norway Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.7.2.1.1 Norway Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.7.3 Product
- 4.1.2.7.3.1 Norway Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.7.3.1.1 Norway Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.7.3.1.2 Norway Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.8 Sweden
- 4.1.2.8.1 Market
- 4.1.2.8.1.1 Buyer Attributes
- 4.1.2.8.1.1.1 Farm Size and Labor Availability
- 4.1.2.8.1.1.2 Crop Production
- 4.1.2.8.1.1.3 Demographics
- 4.1.2.8.1.1.4 Digitalized Acreage by Company
- 4.1.2.8.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.8.1.3 Business Challenges
- 4.1.2.8.1.4 Business Drivers
- 4.1.2.8.2 Application
- 4.1.2.8.2.1 Sweden Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.8.2.1.1 Sweden Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.8.3 Product
- 4.1.2.8.3.1 Sweden Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.8.3.1.1 Sweden Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.8.3.1.2 Sweden Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.9 Finland
- 4.1.2.9.1 Market
- 4.1.2.9.1.1 Buyer Attributes
- 4.1.2.9.1.1.1 Farm Size and Labor Availability
- 4.1.2.9.1.1.2 Crop Production
- 4.1.2.9.1.1.3 Demographics
- 4.1.2.9.1.1.4 Digitalized Acreage by Company
- 4.1.2.9.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.9.1.3 Business Challenges
- 4.1.2.9.1.4 Business Drivers
- 4.1.2.9.2 Application
- 4.1.2.9.2.1 Finland Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.9.2.1.1 Finland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.9.3 Product
- 4.1.2.9.3.1 Finland Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.9.3.1.1 Finland Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.9.3.1.2 Finland Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.10 Czech Republic
- 4.1.2.10.1 Market
- 4.1.2.10.1.1 Buyer Attributes
- 4.1.2.10.1.1.1 Farm Size and Labor Availability
- 4.1.2.10.1.1.2 Crop Production
- 4.1.2.10.1.1.3 Demographics
- 4.1.2.10.1.1.4 Digitalized Acreage by Company
- 4.1.2.10.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.10.1.3 Business Challenges
- 4.1.2.10.1.4 Business Drivers
- 4.1.2.10.2 Application
- 4.1.2.10.2.1 Czech Republic Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.10.2.1.1 Czech Republic Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.10.3 Product
- 4.1.2.10.3.1 Czech Republic Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.10.3.1.1 Czech Republic Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.10.3.1.2 Czech Republic Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.11 Poland
- 4.1.2.11.1 Market
- 4.1.2.11.1.1 Buyer Attributes
- 4.1.2.11.1.1.1 Farm Size and Labor Availability
- 4.1.2.11.1.1.2 Crop Production
- 4.1.2.11.1.1.3 Demographics
- 4.1.2.11.1.1.4 Digitalized Acreage by Company
- 4.1.2.11.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.11.1.3 Business Challenges
- 4.1.2.11.1.4 Business Drivers
- 4.1.2.11.2 Application
- 4.1.2.11.2.1 Poland Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.11.2.1.1 Poland Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.11.3 Product
- 4.1.2.11.3.1 Poland Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.11.3.1.1 Poland Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.11.3.1.2 Poland Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.12 U.K.
- 4.1.2.12.1 Market
- 4.1.2.12.1.1 Buyer Attributes
- 4.1.2.12.1.1.1 Farm Size and Labor Availability
- 4.1.2.12.1.1.2 Crop Production
- 4.1.2.12.1.1.3 Demographics
- 4.1.2.12.1.1.4 Digitalized Acreage by Company
- 4.1.2.12.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.12.1.3 Business Challenges
- 4.1.2.12.1.4 Business Drivers
- 4.1.2.12.2 Application
- 4.1.2.12.2.1 U.K. Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.12.2.1.1 U.K. Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.12.3 Product
- 4.1.2.12.3.1 U.K. Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.12.3.1.1 U.K. Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.12.3.1.2 U.K. Smart Farming Market (by Software), $Million, 2021-2027
- 4.1.2.13 Rest-of-Europe
- 4.1.2.13.1 Market
- 4.1.2.13.1.1 Buyer Attributes
- 4.1.2.13.1.1.1 Farm Size and Labor Availability
- 4.1.2.13.1.1.2 Crop Production
- 4.1.2.13.1.1.3 Demographics
- 4.1.2.13.1.1.4 Digitalized Acreage by Company
- 4.1.2.13.1.2 Market Share Analysis (in terms of Million ha)
- 4.1.2.13.1.3 Business Challenges
- 4.1.2.13.1.4 Business Drivers
- 4.1.2.13.2 Application
- 4.1.2.13.2.1 Rest-of-Europe Smart Farming Market (by Application), $Million, 2021-2027
- 4.1.2.13.2.1.1 Rest-of-Europe Smart Farming Market (by Precision Farming Application), $Million, 2021-2027
- 4.1.2.13.3 Product
- 4.1.2.13.3.1 Rest-of-Europe Smart Farming Market (by Product), $Million, 2021-2027
- 4.1.2.13.3.1.1 Rest-of-Europe Smart Farming Market (by Deployment), $Million, 2021-2027
- 4.1.2.13.3.1.2 Rest-of-Europe Smart Farming Market (by Software), $Million, 2021-2027
5 Markets - Competitive Benchmarking & Company Profiles
- 5.1 Competitive Benchmarking
- 5.2 Market Share Analysis (in terms of Million ha)
- 5.2.1 Market Share Analysis (by Country)
- 5.3 Company Profiles
- 5.3.1 Precision Farming Companies
- 5.3.1.1 AGRIVI
- 5.3.1.1.1 Overview
- 5.3.1.1.1.1 Role of AGRIVI in the Europe Smart Farming Market
- 5.3.1.1.1.2 Product Portfolio
- 5.3.1.1.1.3 Target Customers
- 5.3.1.1.1.4 Key Clients
- 5.3.1.1.2 Business Strategies
- 5.3.1.1.2.1 Product Developments
- 5.3.1.1.2.2 Market Developments
- 5.3.1.1.3 Corporate Strategies
- 5.3.1.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.1.4 Analyst View
- 5.3.1.2 Agroptima S.L.
- 5.3.1.2.1 Company Overview
- 5.3.1.2.1.1 Role of Agroptima S.L. in the Europe Smart Farming Market
- 5.3.1.2.1.2 Product Portfolio
- 5.3.1.2.1.3 Target Customers
- 5.3.1.2.1.4 Key Clients
- 5.3.1.2.2 Analyst View
- 5.3.1.3 CropX inc.
- 5.3.1.3.1 Company Overview
- 5.3.1.3.2 Role of CropX inc. in the Europe Smart Farming Market
- 5.3.1.3.3 Product Portfolio
- 5.3.1.3.3.1 Target Customers
- 5.3.1.3.3.2 Key Partners
- 5.3.1.3.4 Business Strategies
- 5.3.1.3.4.1 Product Developments
- 5.3.1.3.5 Corporate Strategies
- 5.3.1.3.5.1 Partnerships, Collaborations, and Joint Ventures
- 5.3.1.3.5.2 Mergers and Acquisitions
- 5.3.1.3.6 Analyst View
- 5.3.1.4 Hexagon Agriculture
- 5.3.1.4.1 Company Overview
- 5.3.1.4.1.1 Role of Hexagon Agriculture in the Europe Smart Farming Market
- 5.3.1.4.1.2 Product Portfolio
- 5.3.1.4.1.3 Target Customers
- 5.3.1.4.2 Business Strategies
- 5.3.1.4.2.1 Product Developments
- 5.3.1.4.3 Corporate Strategies
- 5.3.1.4.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.4.3.2 Mergers and Acquisitions
- 5.3.1.4.4 Analyst View
- 5.3.1.5 Kubota Corporation
- 5.3.1.5.1 Company Overview
- 5.3.1.5.1.1 Role of Kubota Corporation in the Europe Smart Farming Market
- 5.3.1.5.1.2 Product Portfolio
- 5.3.1.5.1.3 Target Customers
- 5.3.1.5.2 Business Strategies
- 5.3.1.5.2.1 Product Developments
- 5.3.1.5.3 Market Developments
- 5.3.1.5.3.1 Business Expansion
- 5.3.1.5.4 Corporate Strategies
- 5.3.1.5.4.1 Mergers and Acquisitions
- 5.3.1.5.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.5.5 Analyst View
- 5.3.1.6 Climate LLC (Bayer AG)
- 5.3.1.6.1 Company Overview
- 5.3.1.6.1.1 Role of Climate LLC in the Europe Smart Farming Market
- 5.3.1.6.1.2 Product Portfolio
- 5.3.1.6.1.3 Target Customers
- 5.3.1.6.1.4 Key Partners
- 5.3.1.6.2 Business Strategies
- 5.3.1.6.2.1 Product Developments
- 5.3.1.6.3 Corporate Strategies
- 5.3.1.6.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.6.4 Analyst View
- 5.3.1.7 AgriCircle
- 5.3.1.7.1 Company Overview
- 5.3.1.7.1.1 Role of AgriCircle in the Europe Smart Farming Market
- 5.3.1.7.1.2 Product Portfolio
- 5.3.1.7.1.3 Target Customers
- 5.3.1.7.2 Analyst View
- 5.3.1.8 Augmenta
- 5.3.1.8.1 Company Overview
- 5.3.1.8.1.1 Role of Augmenta in the Europe Smart Farming Market
- 5.3.1.8.1.2 Product Portfolio
- 5.3.1.8.1.3 Target Customers
- 5.3.1.8.1.4 Key Clients
- 5.3.1.8.2 Business Strategies
- 5.3.1.8.2.1 Market Developments
- 5.3.1.8.3 Corporate Strategies
- 5.3.1.8.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.8.4 Analyst View
- 5.3.1.9 Yara International ASA
- 5.3.1.9.1 Company Overview
- 5.3.1.9.1.1 Role of Yara International ASA in the Europe Smart Farming Market
- 5.3.1.9.1.2 Product Portfolio
- 5.3.1.9.1.3 Target Customers
- 5.3.1.9.2 Corporate Strategies
- 5.3.1.9.2.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.9.3 Analyst View
- 5.3.1.10 Ec2ce
- 5.3.1.10.1 Company Overview
- 5.3.1.10.1.1 Role of Ec2ce in the Europe Smart Farming Market
- 5.3.1.10.1.2 Product Portfolio
- 5.3.1.10.1.3 Target Customers
- 5.3.1.10.1.4 Key Clients
- 5.3.1.10.2 Analyst View
- 5.3.1.11 Ag Leader Technology
- 5.3.1.11.1 Company Overview
- 5.3.1.11.1.1 Role of Ag Leader Technology in the Europe Smart Farming Market
- 5.3.1.11.1.2 Product Portfolio
- 5.3.1.11.1.3 Target Customers
- 5.3.1.11.2 Business Strategies
- 5.3.1.11.2.1 Product Developments
- 5.3.1.11.3 Analyst View
- 5.3.1.12 Trimble Inc.
- 5.3.1.12.1 Company Overview
- 5.3.1.12.1.1 Role of Trimble Inc. in the Europe Smart Farming Market
- 5.3.1.12.1.2 Product Portfolio
- 5.3.1.12.1.3 Target Customers
- 5.3.1.12.2 Business Strategies
- 5.3.1.12.2.1 Product Developments
- 5.3.1.12.3 Corporate Strategies
- 5.3.1.12.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.12.3.2 Merger and Acquisition
- 5.3.1.12.4 Analyst View
- 5.3.1.13 CNH Industrial N.V.
- 5.3.1.13.1 Company Overview
- 5.3.1.13.1.1 Role of CNH Industrial N.V. in the Europe Smart Farming Market
- 5.3.1.13.1.2 Product Portfolio
- 5.3.1.13.1.3 Target Customers
- 5.3.1.13.2 Business Strategies
- 5.3.1.13.2.1 Product Developments
- 5.3.1.13.3 Corporate Strategies
- 5.3.1.13.3.1 Mergers and Acquisitions
- 5.3.1.13.3.2 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.13.4 Analyst View
- 5.3.1.14 BASF SE
- 5.3.1.14.1 Company Overview
- 5.3.1.14.2 Role of BASF SE in the Europe Smart Farming Market
- 5.3.1.14.3 Product Portfolio
- 5.3.1.14.3.1 Target Customers
- 5.3.1.14.3.2 Key Partners
- 5.3.1.14.4 Business Strategies
- 5.3.1.14.4.1 Product Developments
- 5.3.1.14.4.2 Market Developments
- 5.3.1.14.5 Corporate Strategies
- 5.3.1.14.5.1 Mergers and Acquisitions
- 5.3.1.14.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.14.6 Analyst View
- 5.3.1.15 Deere & Company
- 5.3.1.15.1 Company Overview
- 5.3.1.15.2 Role of Deere & Company in the Europe Smart Farming Market
- 5.3.1.15.3 Product Portfolio
- 5.3.1.15.3.1 Target Customers
- 5.3.1.15.4 Business Strategies
- 5.3.1.15.4.1 Product Developments
- 5.3.1.15.5 Corporate Strategies
- 5.3.1.15.5.1 Mergers and Acquisitions
- 5.3.1.15.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.15.6 Analyst View
- 5.3.1.16 FarmFacts
- 5.3.1.16.1 Company Overview
- 5.3.1.16.2 Role of FarmFacts in the Europe Smart Farming Market
- 5.3.1.16.3 Product Portfolio
- 5.3.1.16.3.1 Target Customers
- 5.3.1.16.3.2 Key Partners
- 5.3.1.16.4 Business Strategies
- 5.3.1.16.4.1 Product Developments
- 5.3.1.16.5 Corporate Strategies
- 5.3.1.16.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.16.6 Analyst View
- 5.3.1.17 OneSoil
- 5.3.1.17.1 Company Overview
- 5.3.1.17.2 Role of OneSoil in the Europe Smart Farming Market
- 5.3.1.17.3 Product Portfolio
- 5.3.1.17.3.1 Target Customers
- 5.3.1.17.3.2 Key Clients
- 5.3.1.17.4 Business Strategies
- 5.3.1.17.4.1 Market Development
- 5.3.1.17.4.2 Product Development
- 5.3.1.17.5 Corporate Strategies
- 5.3.1.17.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.17.6 Analyst View
- 5.3.1.18 Intellias
- 5.3.1.18.1 Company Overview
- 5.3.1.18.1.1 Role of Intellias in the Europe Smart Farming Market
- 5.3.1.18.1.2 Product Portfolio
- 5.3.1.18.1.3 Target Customers
- 5.3.1.18.2 Analyst View
- 5.3.1.19 Proagrica (LexisNexis Risk Solutions Group)
- 5.3.1.19.1 Company Overview
- 5.3.1.19.2 Role of Proagrica in the Europe Smart Farming Market
- 5.3.1.19.3 Product Portfolio
- 5.3.1.19.3.1 Target Customers
- 5.3.1.19.3.2 Key Clients
- 5.3.1.19.4 Business Strategies
- 5.3.1.19.4.1 Product Developments
- 5.3.1.19.5 Corporate Strategies
- 5.3.1.19.5.1 Mergers and Acquisitions
- 5.3.1.19.5.2 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.19.6 Analyst View
- 5.3.1.20 Syngenta AG
- 5.3.1.20.1 Company Overview
- 5.3.1.20.2 Role of Syngenta AG in the Europe Smart Farming Market
- 5.3.1.20.3 Product Portfolio
- 5.3.1.20.3.1 Target Customers
- 5.3.1.20.4 Business Strategies
- 5.3.1.20.4.1 Product Developments
- 5.3.1.20.5 Corporate Strategies
- 5.3.1.20.5.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.1.20.6 Analyst View
- 5.3.2 Precision Farming and Livestock Management Companies
- 5.3.2.1 Topcon Corporation
- 5.3.2.1.1 Company Overview
- 5.3.2.1.1.1 Role of Topcon in the Europe Smart Farming Market
- 5.3.2.1.1.2 Product Portfolio
- 5.3.2.1.1.3 Target Customers
- 5.3.2.1.1.4 Key Clients
- 5.3.2.1.2 Business Strategies
- 5.3.2.1.2.1 Product Developments
- 5.3.2.1.2.2 Business Expansion
- 5.3.2.1.3 Corporate Strategies
- 5.3.2.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.2.1.4 Analyst View
- 5.3.2.2 365FarmNet
- 5.3.2.2.1 Company Overview
- 5.3.2.2.1.1 Role of 365FarmNet in the Europe Smart Farming Market
- 5.3.2.2.1.2 Product Portfolio
- 5.3.2.2.1.3 Target Customers
- 5.3.2.2.1.4 Key Clients
- 5.3.2.2.2 Analyst View
- 5.3.2.3 Cargill, Incorporated
- 5.3.2.3.1 Company Overview
- 5.3.2.3.1.1 Role of Cargill, Incorporated in the Europe Smart Farming Market
- 5.3.2.3.1.2 Product Portfolio
- 5.3.2.3.1.3 Target Customers
- 5.3.2.3.1.4 Key Clients
- 5.3.2.3.2 Business Strategies
- 5.3.2.3.2.1 Product Developments
- 5.3.2.3.2.2 Business Expansion
- 5.3.2.3.3 Corporate Strategies
- 5.3.2.3.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.2.3.4 Analyst View
- 5.3.3 Livestock Management Companies
- 5.3.3.1 Connecterra B.V.
- 5.3.3.1.1 Company Overview
- 5.3.3.1.1.1 Role of Connecterra B.V. in the Europe Smart Farming Market
- 5.3.3.1.1.2 Product Portfolio
- 5.3.3.1.1.3 Target Customers
- 5.3.3.1.1.4 Key Clients
- 5.3.3.1.2 Business Strategies
- 5.3.3.1.2.1 Product Developments
- 5.3.3.1.3 Corporate Strategies
- 5.3.3.1.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.3.1.4 Analyst View
- 5.3.4 Indoor Farming
- 5.3.4.1 Koninklijke Philips NV
- 5.3.4.1.1 Company Overview
- 5.3.4.1.2 Role of Koninklijke Philips NV in the Europe Smart Farming Market
- 5.3.4.1.3 Product Portfolio
- 5.3.4.1.3.1 Target Customers
- 5.3.4.1.4 Analyst View
- 5.3.5 Aquaculture
- 5.3.5.1 AquaManager (Integrated Information Systems S.A.)
- 5.3.5.1.1 Company Overview
- 5.3.5.1.2 Role of AquaManager in the Europe Smart Farming Market
- 5.3.5.1.3 Product Portfolio
- 5.3.5.1.3.1 Target Customers
- 5.3.5.1.3.2 Key Clients
- 5.3.5.1.4 Corporate Strategies
- 5.3.5.1.4.1 Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.3.5.1.5 Analyst View
6 Research Methodology
- 6.1 Data Sources
- 6.1.1 Primary Data Sources
- 6.1.2 Secondary Data Sources
- 6.1.3 Data Triangulation
- 6.2 Market Estimation and Forecast
- 6.2.1 Factors for Data Prediction and Modelling