Product Code: MCP27613
Global Cultivation Solutions in Smart Agriculture Market to Reach US$4.1 Billion by 2030
The global market for Cultivation Solutions in Smart Agriculture estimated at US$1.9 Billion in the year 2023, is expected to reach US$4.1 Billion by 2030, growing at a CAGR of 11.9% over the analysis period 2023-2030. Compound Environmental & Control Equipment, one of the segments analyzed in the report, is expected to record a 11.8% CAGR and reach US$2.2 Billion by the end of the analysis period. Growth in the Agriculture Cloud segment is estimated at 12.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$487.2 Million While China is Forecast to Grow at 11.1% CAGR
The Cultivation Solutions in Smart Agriculture market in the U.S. is estimated at US$487.2 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$627.8 Million by the year 2030 trailing a CAGR of 11.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.9% and 10.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.
Cultivation Solutions in Smart Agriculture - Key Trends and Drivers
Cultivation solutions in smart agriculture represent a transformative approach to farming that leverages advanced technologies to enhance productivity, sustainability, and efficiency. These solutions encompass a wide range of tools and techniques, including precision farming, automated machinery, IoT devices, and data analytics, which collectively enable farmers to make informed decisions and optimize their agricultural practices. Precision farming, for instance, utilizes GPS-guided tractors and drones to perform tasks such as planting, spraying, and harvesting with high accuracy, reducing waste and improving crop yields. IoT sensors placed in fields monitor soil moisture, nutrient levels, and environmental conditions in real-time, allowing for precise irrigation and fertilization. This data-driven approach not only boosts crop production but also minimizes the environmental impact of farming by reducing water usage and chemical runoff.
Technological advancements have significantly enhanced the capabilities of cultivation solutions in smart agriculture. The integration of artificial intelligence and machine learning algorithms allows for predictive analytics, where data from various sources is analyzed to forecast weather patterns, pest infestations, and crop diseases. This enables proactive measures to protect crops and ensure healthy growth. Additionally, advancements in robotics have led to the development of autonomous machines capable of performing labor-intensive tasks such as weeding, thinning, and harvesting with minimal human intervention. These machines are equipped with advanced vision systems and AI to identify and manage crops individually, ensuring precision and efficiency. Furthermore, blockchain technology is being used to enhance traceability in the supply chain, ensuring transparency and food safety from farm to fork. These innovations are not only making farming more efficient but also addressing the challenges of labor shortages and increasing demand for food production.
The growth in the smart agriculture market is driven by several factors. One of the primary drivers is the increasing global population, which is escalating the demand for food and putting pressure on agricultural systems to produce more with fewer resources. Technological advancements are making sophisticated cultivation solutions more affordable and accessible to a broader range of farmers, thereby accelerating adoption. Climate change and the need for sustainable farming practices are also propelling the market, as smart agriculture solutions offer ways to optimize resource use and reduce environmental impact. Government initiatives and subsidies promoting the adoption of advanced agricultural technologies are further supporting market growth. Additionally, consumer demand for transparency and sustainability in food production is encouraging farmers to implement smart agriculture practices. Investments from agritech companies and venture capitalists are fostering innovation and bringing new solutions to the market. These factors collectively contribute to the rapid expansion and adoption of cultivation solutions in smart agriculture, transforming the future of farming.
Select Competitors (Total 48 Featured) -
- Bayer AG
- Biz4Intellia Inc.
- CropIn Technology Solutions Private Limited
- Dol-Sensors
- Faststream Technologies
- Ground Control Ltd.
- Hashstudioz
- Kubota Corporation
- Libelium Comunicaciones Distribuidas SL
- PsiBorg
- REDtone International Bhd.
- Semtech Corporation
- Telit Cinterion
- Yanmar Holding Co., Ltd.
- Yara International ASA
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Cultivation Solutions in Smart Agriculture - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Technological Innovations Propel Growth in Smart Agriculture Solutions Market
- Integration of IoT in Cultivation Expands Addressable Market Opportunity
- AI and Machine Learning Strengthen Business Case for Smart Agriculture
- Rising Demand for Precision Farming Drives Adoption of Advanced Cultivation Solutions
- Sustainable Farming Practices Propel Growth in Cultivation Solutions
- Increasing Focus on Water Conservation Drives Growth in Smart Irrigation Systems
- Growing Use of Drones and Aerial Imaging Spurs Growth in Cultivation Solutions
- Here's How Blockchain Technology is Transforming Smart Agriculture
- Rising Global Population and Food Demand Propel Adoption of Efficient Cultivation Techniques
- Enhanced Connectivity and 5G Networks Drive Growth in Smart Agriculture Solutions
- Smart Greenhouse Technologies Propel Growth in Controlled Environment Agriculture
- Expanding Adoption of Robotics in Agriculture Strengthens Business Case for Automation
- Increasing Awareness of Soil Health Management Drives Demand for Smart Cultivation Tools
- Focus on Enhancing Crop Yields and Quality Generates Demand for Smart Solutions
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Cultivation Solutions in Smart Agriculture Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 3: World Historic Review for Cultivation Solutions in Smart Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 4: World 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Compound Environmental & Control Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 6: World Historic Review for Compound Environmental & Control Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 7: World 16-Year Perspective for Compound Environmental & Control Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Agriculture Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 9: World Historic Review for Agriculture Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 10: World 16-Year Perspective for Agriculture Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 12: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 13: World 16-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 14: USA Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 15: USA Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 16: USA 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- CANADA
- TABLE 17: Canada Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 18: Canada Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 19: Canada 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- JAPAN
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 20: Japan Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 21: Japan Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 22: Japan 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- CHINA
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 23: China Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 24: China Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 25: China 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- EUROPE
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 26: Europe Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 27: Europe Historic Review for Cultivation Solutions in Smart Agriculture by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 28: Europe 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
- TABLE 29: Europe Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 30: Europe Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 31: Europe 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- FRANCE
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 32: France Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 33: France Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 34: France 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- GERMANY
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 35: Germany Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 36: Germany Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 37: Germany 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- ITALY
- TABLE 38: Italy Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 39: Italy Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 40: Italy 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- UNITED KINGDOM
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 41: UK Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 42: UK Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 43: UK 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- REST OF EUROPE
- TABLE 44: Rest of Europe Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 45: Rest of Europe Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 46: Rest of Europe 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- ASIA-PACIFIC
- Cultivation Solutions in Smart Agriculture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 47: Asia-Pacific Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 48: Asia-Pacific Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 49: Asia-Pacific 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
- REST OF WORLD
- TABLE 50: Rest of World Recent Past, Current & Future Analysis for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 51: Rest of World Historic Review for Cultivation Solutions in Smart Agriculture by Product - Compound Environmental & Control Equipment, Agriculture Cloud and Other Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 52: Rest of World 16-Year Perspective for Cultivation Solutions in Smart Agriculture by Product - Percentage Breakdown of Value Sales for Compound Environmental & Control Equipment, Agriculture Cloud and Other Products for the Years 2014, 2024 & 2030
IV. COMPETITION