Shifting preference towards controlled environment agriculture (CEA), rising adoption of vertical agriculture, increased investment in development of autonomous farm tools, and government initiatives to promote greenhouse farming are the key factors contributing towards the growth of the global smart agriculture market.

Smart Farming is an emerging concept that refers to managing farms using modern Information and Communication Technologies to increase the quantity and quality of products while optimizing the human labor required. The term smart agriculture refers to the usage of technologies like Internet of Things, sensors, location systems, robots and artificial intelligence on your farm. The ultimate goal is increasing the quality and quantity of the crops while optimizing the human labor used.

Shifting preference towards controlled environment agriculture (CEA), rising adoption of vertical agriculture, increased investment in development of autonomous farm tools, and government initiatives to promote greenhouse farming are the key factors contributing towards the growth of the global smart agriculture industry.

Smart agriculture refers to utilization of advanced systems and solutions to improve the quality and quantity of yield. It offers prominent advantages over traditional agriculture methods such as increased crop yield, automated monitoring & control of agriculture resources, and seamless control of farm equipment. Rapid urbanization and population explosion have resulted in increased demand for nutrient rich food sources, thereby creating opportunity for farmers, cultivators, and farm equipment manufacturers. Smart agriculture has emerged as a viable solution to improve the quality and quantity of yield, thus is witnessing increased adoption across the globe.

Increased investment in development of advanced farm equipment and rising adoption of vertical farming methods is anticipated to drive the growth of North America smart agriculture industry during the forecast period. Asia Pacific is expected to offer lucrative opportunities during the forecast period owing to rising adoption of smart agriculture solutions across major farming countries. Rising awareness and increased investment in advanced agriculture solutions is expected to contribute towards the growth of Asia Pacific smart agriculture industry during the forecast period.

Monnit announced today the launch of its ALTA® Soil Moisture Sensor. Primed to meet AgriTech industry demand, the Soil Moisture Sensor alerts you on your mobile device or computer how much, when, and where to water your crops or commercial landscaping.

Major players active in the global smart agriculture industry include Ag Leader Technology, AGCO Corporation, AgEagle Aerial Systems Inc., AgJunction Inc., Argus Control Systems Limited, BouMatic, CLAAS KGaA mbH, CNH Industrial, CROPMETRICS, CropZilla, Deere & Company, DeLaval Inc., DICKEY-john, DroneDeploy, Farmers Edge Inc., GAMAYA, GEA Group AG, Grownetics, Inc., Raven Industries, Inc., The Climate Corporation, TOPCON CORPORATION, and Trimble, Inc.

Read more...