Visão geral do mercado

The global smart crop monitoring market has witnessed substantial growth in recent years. Em 2021, the market was valued at $1.92 bilhão, and it is projected to reach $3.95 billion by 2027 with a CAGR of 12.75%. This growth can be attributed to the increasing demand for food and the adoption of precision, digital, and smart agriculture practices.

According to the Food and Agriculture Organization (FAO) of the United Nations, the global hunger index rose from 8.4% em 2019 para 9.9% em 2020, resulting in approximately 720-811 million people facing acute hunger in 2020. Adicionalmente, global food imports hit a record high of over $1.75 trillion in 2021, marking a 14% increase from the previous year. With the growing demand for food, farmers are under pressure to meet the increasing requirements. As 90% of global crop production growth relies on higher yields and increased cropping intensity, agriculture technology practices and equipment have become crucial for the industry.

The smart crop monitoring market is still evolving, with ongoing research and development activities focused on developing advanced technologies and products. As the demand for food and the need for automation in the agricultural sector increase, investment in smart agriculture presents significant opportunities. These technologies help reduce crop losses caused by diseases and adverse weather conditions, thereby increasing crop quantity and quality.

The shift towards digital, smart, and data-driven products in the agriculture sector presents lucrative sales and financing opportunities, especially in the automation and robotics segments of regions like North America and Europe. Smart crop monitoring also has a significant impact on crop protection systems, mitigating losses from diseases and pest infestations.

The COVID-19 pandemic has highlighted labor shortages in agriculture, prompting countries to prioritize food security and boost domestic production. To address the labor shortage, automated technologies such as sensors, data analytics, and variable-rate technology have been increasingly adopted. Governments worldwide are promoting policies to encourage the adoption of smart crop monitoring techniques as a solution to these challenges.

While there are several drivers for the smart crop monitoring market, including the need to reduce crop losses, achieving higher yields compared to conventional farming, and government support, the market also faces limitations. Challenges such as cyber and online data security, lack of connectivity and technical awareness, and high setup costs can hinder market growth.

Segmentação de mercado

The market is segmented based on various factors, including application, type, technology, and region.

Segmentation by Application
Soil Monitoring
Weather Forecasting
Yield Monitoring
Crop Protection
Outros

Segmentation by Type
Hardware
Software
Serviços

Segmentation by Technology
Sensing and Imagery
Automation and Robotics
Variable-Rate Technology (VRT)
Guidance Technology

Segmentation by Region
North America – U.S., Canadá, and Mexico
Europe – Itália, Alemanha, Espanha, França, and Rest-of-Europe
China
U.K.
Asia-Pacific – Japão, Índia, Austrália, and Rest-of-Asia-Pacific
Middle East and Africa – Arábia Saudita, África do Sul
South America – Brasil, Argentina, Rest-of-South America

The application segment of the global smart crop monitoring market is expected to be dominated by crop protection technologies. This is because smart crop monitoring is an effective methodology for reducing crop losses caused by diseases, pests, and adverse weather conditions. The increasing adoption of advanced technologies and smart crop monitoring systems in agriculture, coupled with the growing need for crop management, equipment tracking, and weather forecasting, has driven the demand for the smart crop monitoring market. These systems provide data that help farmers monitor and optimize crops by adapting to constant environmental changes. Major applications of smart crop monitoring include soil monitoring, weather forecasting, yield monitoring, and crop protection. They have wide-ranging applications in weather management, soil management, and overall farm management. Due to the rising instances of global crop losses, smart crop monitoring is primarily used for crop protection practices, such as precise fertilizer usage and optimal agrochemical spraying.

The services segment slightly dominates the global smart crop monitoring market. This is due to the availability of a wide range of services, including advisories, consultations, and rental equipment, which leads to higher adoption and usage by end users worldwide. Smart crop monitoring systems primarily consist of three product types: hardware, software, and services. Hardware systems include robots, drones, handheld and remote equipment, sensors, and smart sprayers and sprinklers. Software solutions are divided into on-cloud and on-premises software. Services encompass software-as-a-service and equipment-as-a-service, where farmers acquire smart crop monitoring software and equipment through rentals or subscriptions. Services also include general advisory and crop-specific consultation for farmers. With the growing interest in digital systems and technologies, service solutions are expected to witness the highest growth over the forecast period. Farmers can access hardware and software solutions that are often unaffordable through various service options. Therefore, the prevalence of service solutions is expected to increase.

The automation and robotics segment dominates the global smart crop monitoring market due to the high adoption of products like robots, drones, and unmanned aerial vehicles (UAVs). Smart crop monitoring products incorporate various technologies and advancements, including sensing and imagery, variable-rate technology (VRT), guidance technology, and automation and robotics. Sensing and imagery solutions are integrated with data analysis software to help farmers process farm information. Variable-rate technology involves using sensors and real-time data for decision making. Guidance technology primarily utilizes GPS and GNSS technologies for navigation in the agriculture industry. The trend toward digital and smart agricultural practices has led to increased traction for automation and robotics technologies worldwide. The adoption of agricultural robots and drones for smart crop monitoring is growing to achieve objectives such as precise agrochemical spraying, soil monitoring, and irrigation.

In terms of revenue, North America generated the highest amount, $702 milhão, em 2021. This can be attributed to research and development advancements and supportive government regulations in the region. Europe is also an attractive region for the smart crop monitoring market due to its diverse market segments. Significant growth is expected in North America, Europe, the U.K., Asia-Pacific, and China. This growth is primarily driven by increased technology integration in the agricultural sector, supported by government initiatives. North America has experienced the highest market growth in smart crop monitoring, attributed to the adoption of technology-driven practices, emphasis on alternative farming techniques, and availability of high-investment equipment. The U.S. specifically exhibits high growth, with numerous companies and agricultural solution providers offering affordable smart crop monitoring systems to the public.

Cenário competitivo

The selection of the profiled companies was based on input from primary industry experts and analysis of their company coverage, product portfolio, and market penetration.

In the market, the leading players in the top segments are variable-rate technology (VRT) and automation and robotics, which collectively hold a significant share of approximately 52%. Other technologies, including sensing and imagery, as well as guidance technology, account for around 48% of the market presence as of 2021.

Key companies profiled in this report include Ceres Imaging, CNH Industrial N.V., CropIn Technology Solutions Private Limited, Deere & Company, PrecisionHawk, Inc., Prospera Technologies, Climate LLC, Kubota Corporation, Raven Industries Inc., Robert Bosch GmbH, Small Robot Company, Trimble Inc., AGRIVI, Airbus, Alibaba Group Holding Limited, IBM Corporation, Microsoft Corporation, AGCO Corporation, CLAAS KGaA mbH, Granular, Inc..

Recent Industry Developments

In February 2022, there was a partnership between Airbus S.A.S and Intelinair, where Intelinair’s platform, AGMRI, would benefit from the accurate and satellite-based imagery data provided by Airbus S.A.S. This collaboration aimed to enhance the AI-based crop analytics platform and enable farmers to access precise images and data of their fields throughout the entire crop production cycle.

In January 2022, iTree Consulting & Services and AGRIVI entered into a partnership to introduce digital agriculture solutions to farmers and stakeholders in the agri-food value chain in Mexico.

In May 2021, AGCO Corporation collaborated with Robert Bosch GmbH, BASF Digital Farming GmbH, and Raven Industries Inc. The objective of this collaboration was to innovate and develop precision spraying and variable-rate technologies for use in agricultural fields. The ultimate goal was to improve the efficiency of crop protection products and reduce input costs.

In March 2021, a partnership was formed between MAM and Kubota Corporation, with the aim of offering agricultural equipment, services, and solutions to the Japanese market.

Similarly, in March 2021, CNH Industrial N.V. partnered with ML6 to facilitate the transfer of an algorithm to a multi-faceted camera. ML6 played a vital role in optimizing and economizing the algorithm, working alongside the camera provider, CNH Industrial N.V., to successfully implement it.

Key Questions Answered

What is the projected global revenue size of the smart crop monitoring market for the forecast period 2022-2027?

What is the expected compound annual growth rate (CAGR) durante o período de previsão 2022-2027?

What are the key trends, market drivers, and opportunities in the smart crop monitoring market?

What are the major restraints hindering the growth of the global smart crop monitoring market?

What new strategies are existing market players adopting to expand their market position in the industry?

Based on recent developments, product offerings, and regional presence, what is the competitive strength of key players in the smart crop monitoring market?

How do the key smart crop monitoring companies in the agriculture market compare in terms of market coverage and market potential?

What revenue is each segment expected to generate during the forecast period, and what is the growth percentage for each segment?

Which types of players and stakeholders operate in the smart crop monitoring market ecosystem, and what is their significance globally?

Which consortiums and associations are prominent in the global smart crop monitoring market, and what roles do they play?

How does the regulatory landscape for smart crop monitoring differ across different regions?

How are emerging technologies such as artificial intelligence (AI), 5G communication, and the Internet of Things (IoT) driving the growth of the smart crop monitoring market?

What are the major patents filed in the smart crop monitoring space?

How is the role of government in environmental issues and safety impacting the smart crop monitoring industry?

Which smart crop monitoring technology is expected to dominate the market by 2027?

What has been the impact of COVID-19 on the smart crop monitoring market?