Global Intelligent Agriculture Market is predicted to reach USD 13.36 Billion by 2023.
According to the report, Global Intelligent Agriculture Market is published by Market Data Forecast. The market was worth USD 7.11 billion in 2018 and estimated to be growing at a CAGR of 13.44%, to reach USD 13.36 billion by 2023
(EMAILWIRE.COM, October 11, 2018 ) Overview:
In the year 2018, Global Intelligent Agriculture Market was valued at USD 7.11 Billion. By the year 2023, it is expected to reach USD 13.36 Billion at pace of 13.44% CAGR.
With the introduction of the latest technologies in the agricultural sector, agriculture is becoming more sophisticated and more modern due to improved productivity through the use of sustainable methods which helps to minimize the carbon footprint. Advancement of technologies are introducing smart devices to operate in unstructured and dynamic farming environments. A robot used for agricultural purposes is an intelligent agricultural robot. The important applications of agricultural robots include weed control, planting seed, harvesting, cloud seeding, and environmental and soil monitoring.
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Underlying Causes
The growth for Intelligent Agriculture market is driven due to factors like increasing usage of technologies in farming industry, growing need for monitoring health performance of livestock’s, increasing government initiatives to adopt modern agricultural techniques, rising demand for quality food. In addition, introduction of advanced tools and improving farming techniques is expected to drive the market growth. However, lack of technical awareness among farmers in the developing countries, and high cost involved to adopt modern agricultural techniques are the major constraining factors which is expected to hinder the growth rate for Global Intelligent Agriculture Market.
To know more read: https://www.marketdataforecast.com/market-reports/intelligent-agriculture-market-6204/
Geographic Segmentation:
Based on geography the Intelligent Agriculture market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the Global Intelligent Agriculture market followed by Europe due to increasing demand for food, and growing adoption of advanced agricultural tools are the driving factors in this region. Asia-Pacific is expected to witness high growth rate for Intelligent Agriculture market during the forecast period.
Get your customized report: https://www.marketdataforecast.com/market-reports/intelligent-agriculture-market-6204/customize-report
Key Players:
Leading companies for Global Intelligent Agriculture market are Agricultural Research Organization (Israel) , International Society for Precision Agriculture (ISPA) (U.S.), SPAA Precision Agriculture (Australia), CropLife (CropLife Media Group) (U.S.), Precision Agriculture Association (New Zealand), Precision Ag Institute (U.S.), and European GNSS Agency (GSA) (Czech Republic).
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
In the year 2018, Global Intelligent Agriculture Market was valued at USD 7.11 Billion. By the year 2023, it is expected to reach USD 13.36 Billion at pace of 13.44% CAGR.
With the introduction of the latest technologies in the agricultural sector, agriculture is becoming more sophisticated and more modern due to improved productivity through the use of sustainable methods which helps to minimize the carbon footprint. Advancement of technologies are introducing smart devices to operate in unstructured and dynamic farming environments. A robot used for agricultural purposes is an intelligent agricultural robot. The important applications of agricultural robots include weed control, planting seed, harvesting, cloud seeding, and environmental and soil monitoring.
View sample and decide: https://www.marketdataforecast.com/market-reports/intelligent-agriculture-market-6204/request-sample
Underlying Causes
The growth for Intelligent Agriculture market is driven due to factors like increasing usage of technologies in farming industry, growing need for monitoring health performance of livestock’s, increasing government initiatives to adopt modern agricultural techniques, rising demand for quality food. In addition, introduction of advanced tools and improving farming techniques is expected to drive the market growth. However, lack of technical awareness among farmers in the developing countries, and high cost involved to adopt modern agricultural techniques are the major constraining factors which is expected to hinder the growth rate for Global Intelligent Agriculture Market.
To know more read: https://www.marketdataforecast.com/market-reports/intelligent-agriculture-market-6204/
Geographic Segmentation:
Based on geography the Intelligent Agriculture market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the Global Intelligent Agriculture market followed by Europe due to increasing demand for food, and growing adoption of advanced agricultural tools are the driving factors in this region. Asia-Pacific is expected to witness high growth rate for Intelligent Agriculture market during the forecast period.
Get your customized report: https://www.marketdataforecast.com/market-reports/intelligent-agriculture-market-6204/customize-report
Key Players:
Leading companies for Global Intelligent Agriculture market are Agricultural Research Organization (Israel) , International Society for Precision Agriculture (ISPA) (U.S.), SPAA Precision Agriculture (Australia), CropLife (CropLife Media Group) (U.S.), Precision Agriculture Association (New Zealand), Precision Ag Institute (U.S.), and European GNSS Agency (GSA) (Czech Republic).
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results