Market by Type, Component, and Country Outlook | Forecast 2022-2028
As per Triton Market Research, the Asia-Pacific smart agriculture market is likely to advance with a CAGR of 12.12% in the forecasting duration 2022-2028.
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The
countries scrutinized in this region include:
•       Â
South Korea
•       Â
ASEAN Countries
•       Â
China
•       Â
India
•       Â
Japan
•       Â
Australia & New Zealand
•       Â
Rest of Asia-Pacific
India
is expected to exhibit the fastest growth rate in the Asia-Pacific market over
the forecasted period. Several government initiatives
and incentives in the region’s emerging nations to implement smart agriculture
projects have increased the adoption of automated farming equipment. The
Asia-Pacific is a promising region for the smart agriculture market and is
expected to provide numerous opportunities to players operating in this field.
In India, favorable
subsidiaries by the government have encouraged farmers to adopt smart
agriculture techniques. Moreover, investments from government & private international
entities have bolstered research and development in the country’s agri-tech business
ecosystem, which is expected to positively influence the studied market.
The South Korean
government has implemented smart farming policies and programs owing to the large-scale
adoption of ICT in agriculture and its advantages in boosting agricultural output.
It intends to build sizable smart farm complexes and encourage its youth to take
up farming as an occupation by offering the required training. Additionally,
the government plans to give trained individuals access to small land plots, so
that they can start their own smart farming businesses. Such supportive
initiatives are expected to foster the growth of the country’s smart
agriculture market in the years to come.
Support &
maintenance services effectively cater to tracking and managing concerns, offering
personalized assistance and enhanced performance management. Smart agriculture
solutions need regular upgradation to ensure uninterrupted functioning, which has
led to an increased demand for support & maintenance services. They majorly
comprise technical support and software updates for smart agriculture.
Triton’s
report assesses the market based on component and type. Here,
the component segment comprises service, connectivity technology, and solution.
Service further includes support & maintenance, system integration &
deployment, and consulting.
The
prominent companies in the smart agriculture market include Afimilk Ltd, AGCO
Corporation, Trimble Inc, Deere & Company, AgJunction, Aker Technologies
Inc, Topcon Positioning Systems Inc, and SemiosBio Technologies Inc.
Trimble Inc offers tech
solutions that enable professionals and field workers to enhance or transform
their work processes. The company offers agricultural & construction
equipment, surveying instruments, satellite navigation systems, data collection
systems, and vehicle fleet tracking systems. It serves end-users in the agriculture,
architecture, civil engineering, survey & mapping, geospatial, environmental
management, transportation, construction, government, natural resources, and utility
markets. Trimble Inc has a business presence in China, New Zealand, and India.
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Key deliverables of the report:
·     Â
Market
CAGR during the forecasting years 2022-2028
·     Â
Detailed
data highlighting key insights, industry components, and market strategies
·     Â
Comprehensive
information and estimation of the smart agriculture market revenue growth in Asia-Pacific
and its influence on the parent market
·     Â
In-depth
study of forthcoming trends in consumer behavioral patterns
·     Â
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Model
·     Â
A
wide-ranging study of factors that will challenge the Asia-Pacific smart
agriculture market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.Â
Market by Technology (Data ana ..
VIEW REPORT1. ASIA-PACIFIC
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. ASIA-PACIFIC
SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION
FARMING
3.2. LIVESTOCK
MONITORING
3.3. PRECISION
AQUACULTURE
3.4. SMART
GREENHOUSE
4. ASIA-PACIFIC
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. ASIA-PACIFIC
SMART AGRICULTURE MARKET – COUNTRY OUTLOOK
5.1. CHINA
5.2. JAPAN
5.3. INDIA
5.4. SOUTH
KOREA
5.5. ASEAN
COUNTRIES
5.6. AUSTRALIA
& NEW ZEALAND
5.7. REST
OF ASIA-PACIFIC
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
TABLE 1: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: VENDOR SCORECARD
TABLE 4: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 3: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY PRECISION FARMING, 2022-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY LIVESTOCK MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY PRECISION AQUACULTURE, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 10: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 12: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY HVAC SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY LED GROW LIGHTS, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY VALVES & PUMPS, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SENSORS & CONTROL SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY OTHER HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SOFTWARE, 2021 & 2028 (IN %)
FIGURE 19: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY NETWORK MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY AGRICULTURE ASSET MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SMART WATER MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY IRRIGATION MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 25: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY CONSULTING, 2022-2028 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SYSTEM INTEGRATION & DEPLOYMENT, 2022-2028 (IN $
MILLION)
FIGURE 27: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SUPPORT & MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 30: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY CELLULAR IOT, 2022-2028 (IN $ MILLION)
FIGURE 31: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY LORA, 2022-2028 (IN $ MILLION)
FIGURE 32: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY NB-IOT, 2022-2028 (IN $ MILLION)
FIGURE 33: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY GLOBAL NAVIGATION SATELLITE SYSTEMS, 2022-2028 (IN $
MILLION)
FIGURE 34: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY WI-FI, 2022-2028 (IN $ MILLION)
FIGURE 35: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 36: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY WIRELINE, 2022-2028 (IN $ MILLION)
FIGURE 37: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY WIRELESS PERSONAL AREA NETWORK (WPAN), 2022-2028 (IN $
MILLION)
FIGURE 38: ASIA-PACIFIC SMART
AGRICULTURE MARKET, BY OTHER CONNECTIVITY TECHNOLOGIES, 2022-2028 (IN $
MILLION)
FIGURE 39: ASIA-PACIFIC SMART
AGRICULTURE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: CHINA SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: JAPAN SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: INDIA SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: SOUTH KOREA SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: ASEAN COUNTRIES
SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: AUSTRALIA & NEW
ZEALAND SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: REST OF
ASIA-PACIFIC SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)