The global smart plantation management systems market is expected to grow at a steady rate during the forecast years. The global intelligent plantation management systems market is driven by the growing adoption of cloud, IoT, and AI-based technologies in the agriculture industry, etc. Furthermore, the adoption of practices like precision farming, and data mining, among others, by the farmers is further propelling the market across the globe. Additionally, initiatives taken by various governments to promote and integrate digital technologies in agriculture, especially in developing economies such as India are further driving the market across the globe.
The global smart plantation management systems market is segmented based on type, component, crop, company, and region. Based on type, the market can be categorized into irrigation systems, plant growth monitoring systems, and harvesting systems. The irrigation systems segment is expected to hold the largest market share during forecast years since the use of smart irrigation systems reduces the amount of water needed for irrigation, resulting in the reduction of operational costs, specifically for large farmlands. Based on components, the market can be bifurcated into hardware and software. The hardware segment is expected to dominate the market during the next five years. The hardware component consists of various sensors, controllers, GPS devices, displays, flow meters, solenoid valves, and switches, among others. Sensors are installed on the plants or soil to sense and collect real-time data, which is used to generate reports and maps to assist farmers in making decisions about their crops.
Regionally, the smart plantation management systems market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific is expected to dominate the overall smart plantation management systems market during the forecast period on account of the favorable climatic conditions for plantation crops.
Major players operating in the global smart plantation management systems market
- Robert Bosch GmBH
- John Deere & Company
- Netafim
- Synelixis Solutions
- DTN
- AgroWebLab Co., Ltd
- Tevatronics
- SemiosBio Technologies
- WaterBit
- Jain Irrigation Systems, and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers and acquisitions. For instance, in June 2019, DTN (US) acquired PraxSoft (US), which would help the organization to provide more accurate data by using sensors and communication technologies.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The Objective of the Study:
- To analyze and forecast the market size of the global smart plantation management systems market.
- To classify and forecast the global smart plantation management systems market based on type, component, crop, company, and regional distribution.
- To identify drivers and challenges for the global smart plantation management systems market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global smart plantation management systems market.
- To identify and analyze the profile of leading players operating in the global smart plantation management systems market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of the global smart plantation management systems market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Smart plantation management systems service providers, vendors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to smart plantation management systems
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, the global smart plantation management systems market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Irrigation Systems
- Plant Growth Monitoring Systems
- Harvesting Systems
- Market, By Component:
- Hardware
- Software
- Market, By Crop:
- Coffee
- Oilseeds
- Sugarcane
- Cotton
- Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global smart plantation management systems market.
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Table of Content
1. Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- Global Smart Plantation Management Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Irrigation Systems, Plant Growth Monitoring Systems, and Harvesting Systems)
5.2.2. By Component (Hardware v/s Software)
5.2.3. By Crop (Coffee, Oilseeds, Sugarcane, Fruits and Cotton)
5.2.4. By Company (2019)
5.2.5. By Region
5.3. Product Market Map
- Asia-Pacific Smart Plantation Management Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type’
6.2.2. By Component
6.2.3. By Crop
6.2.4. By Country
6.3. Asia-Pacific: Country Analysis
6.3.1. China Smart Plantation Management Systems Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Component
6.3.1.2.3. By Crop
6.3.2. India Smart Plantation Management Systems Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Component
6.3.2.2.3. By Crop
6.3.3. Australia Smart Plantation Management Systems Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Component
6.3.3.2.3. By Crop
6.3.4. Japan Smart Plantation Management Systems Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By Component
6.3.4.2.3. By Crop
6.3.5. South Korea Smart Plantation Management Systems Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By Component
6.3.5.2.3. By Crop
- Europe Smart Plantation Management Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Component
7.2.3. By Crop
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. France Smart Plantation Management Systems Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Component
7.3.1.2.3. By Crop
7.3.2. Germany Smart Plantation Management Systems Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Component
7.3.2.2.3. By Crop
7.3.3. United Kingdom Smart Plantation Management Systems Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Component
7.3.3.2.3. By Crop
7.3.4. Italy Smart Plantation Management Systems Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Component
7.3.4.2.3. By Crop
7.3.5. Spain Smart Plantation Management Systems Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Component
7.3.5.2.3. By Crop