The global connected agriculture market size was USD 1.84 billion in 2018 and is projected to reach USD 7.22 billion by 2026, exhibiting a CAGR of 19.1% during the forecast period. Global Digital Agriculture Market size is valued at USD 5131.9 Million in 2020 and expected to reach USD 10587.6 Million by 2027 with a CAGR of 10.9% over the forecast period. . Agricultural Biologicals, Agriculture $3950.00 September 2022 No. 1.33. The global smart agriculture market size was estimated at US$ 18.12 billion in 2021 and it is expected to hit US$ 43.37 billion by 2030 with a registered CAGR of 10.2% from 2022 to 2030. Global Agriculture Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2027 Summary Table of Content According to OECD (Organization for Economic Co-operation and Development), world agriculture production will increase at an annual rate of 1.5%. In 2019, the global Agriculture Analytics market size was USD 548.9 Million and it is expected to reach USD 1060.5 Million by the end of 2026, at a CAGR of 9.8% during 2021-2026. Pages: 374 Report Description Table of Contents Market Segmentation Agricultural Adjuvants Market Overview The global agricultural adjuvants market size stood at $3,106.7 million in 2019, and it is expected to demonstrate a CAGR of 5.5% during the forecast period (2020-2030). Brazil is predicted to register above regional average growth, which is already outpacing the world average. Digital Agriculture Market is valued at USD 5131.9 Million in 2020 and expected to reach USD 10587.6 Million by 2027 with a CAGR of 10.9% over the forecast period. What is the market size of the Agribusiness industry in the US? The precision agriculture market size was valued at $6,457 million in 2020, and is projected to reach $23,056 million by 2030, growing at a CAGR of 13.4% from 2020 to 2030. Europe Agricultural Tractors Market Size, Share & Industry Trends Analysis Report By Driveline Type, By Engine Power, By Country and Growth Forecast, 2021-2027 Report 84 Pages 8.4.1 U.S. 8.4.2 Canada 8.4.3 Mexico. NEW YORK, Oct. 13, 2022 /PRNewswire/ -- The powered agriculture equipment market size is set to grow by USD 36.58 bn from 2021 to 2026, at a CAGR of 7.08%, according to Technvaio Research Reports . The global smart agriculture market size is expected to reach a valuation of USD 36,241 million by 2030, growing at a CAGR of 10.80% during the forecast period (2022-2030). The global agriculture market is expected to grow from $9602.79 billion in 2020 to $10181.92 billion in 2021 at a compound annual growth rate (CAGR) of 6%. - 180) 9.1 introduction figure 70 medium farms to lead market from 2021 to 2026 table 105 market, by farm size, 2017-2020 (usd million) table 106 market, by farm size, 2021-2026 (usd million) figure 71 small farms to dominate precision farming market during forecast period CAGR. 14.4% from 2022 - 2030. Agriculture reinsurance refers to the production and financial risks of farmers and associated shortfall risks of interrelated stakeholders such as input suppliers and grain processors. "Africa's changing farm size distribution patterns: The rise of medium scale farms," Agricultural Economics , November 2016, Volume 47, Issue S1, pp. Global Smart Agriculture Market Size, Share, 2025 | Industry Report ; Smart Agriculture/Farming Market Size & Forecast Report, 2014 - 2025. Increasing mechanization in the agriculture sector coupled with the surge in farmers' income is expected to be a primary factor driving the growth. Digital Agriculture Market is valued at USD 5131.9 Million in 2020 and expected to reach USD 10587.6 Million by 2027 with a CAGR of 10.9% over the forecast period. Connected Agriculture Market Report Contains: - The global Connected Agriculture market size is projected to reach US$ 3533.2 million by 2028, from US$ 1694.3 million in 2021, at a CAGR of 10.9% during 2022-2028. Some of the major factors driving the agriculture technology market growth include rising . The forecast period will see a rise in North American regional demand due to increased government initiatives and regulations that aim to improve the region's agriculture industry. Looking forward, IMARC Group expects the market to reach a value of US$ 25.25 Billion by 2027 exhibiting a CAGR of 9.80% during 2022-2027. 2016-2026. The global agriculture market grew from $11,109.32 billion in 2021 to $12,152.6 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. Get Sample Copy of. Growth Factors. Machinery used in specific agricultural processes such as farming, threshing, field, and agro-processing, are agricultural equipment. June 14, 2021 by Sam Francis Leave a Comment. This agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF In some countries in Africa, there is, indeed, a rising class of five- to 100-hectare-size farms that have a growing share of the agricultural output. Digital Agriculture Market Size, Share & Trends Analysis Report by Type (Crop Monitoring, Artificial Intelligence, Precision Farming), by . The Global Agriculture Equipment Market Size Accounted for USD 128 Billion in 2021 and is predicted to be worth USD 234 Billion by 2030, with a CAGR of 7.1% during the forthcoming period from 2022 to 2030. The global agriculture equipment market size was valued at USD 157.89 billion in 2021. The market is estimated to reach US$ 98,798.5 million by 2030, registering a CAGR of 9.4% during the forecast period. Increasing day to day demand of food & growing labor shortage are some of the . Details. It is also a major driver for the market as farmers are looking for newer technology to help protect . The Digital Agriculture industry is projected to grow from USD 12.8 Billion in 2021 and to reach USD USD 22.1 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. 2,200. PUNE, Oct. 12, 2022 (GLOBE NEWSWIRE) -- "Connected Agriculture Market" research report focus on overall information that can help to take decisions on current market situation. Due to the COVID-19 pandemic, the global Agriculture Carbamide market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a Impressive CAGR during the forecast period 2022-2028. One of the key factors driving the . 9.3 Europe Smart Agriculture Market Size and Forecast, By Offering Fastest Growing Market: Europe. $27.44 billion Market Size 11.2% CAGR North America Dominating Region 2021-2027 Forecast Period Segmentation component Hardware Software And Services Agricultural Equipment Market Size (2022-2032) [280 Pages Report] The global agricultural equipment market size is expected to be valued at US$ 68.12 Billion in 2022.With the increasing growth of the farm mechanization, coupled with the increase in investments by OEMs for Agricultural Equipment, the overall demand for agricultural equipment market is projected to grow at a CAGR of 4.8% between . The global industry shipments are poised to cross 10 million units by 2028. Precision farming industry report classifies global market by share, trend, growth and based on component, technology, application, and region. As per the analysis, the smart agriculture market is likely to grow above a CAGR of around 9.30% between 2022 and 2028. The global precision agriculture market size reached a value of about USD 6 billion in 2020. The global Artificial Intelligence (AI) in Agriculture market size is segmented on the basis of application, end user, and region, with focus on manufacturers in different regions. Rapid advancements in drone technology . The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive. The global digital agriculture market is expected to grow at a CAGR of 11.04% and is likely to reach the market size of US$23.998 billion in 2026, rising from an initial value of US$11.527 billion in 2019. . USD 10.46 Billion. CAGR. The global AI in agriculture market size stood at $852.2 million in 2019, and it is expected to reach $8,379.5 million by 2030, exhibiting a CAGR of 24.8% during the forecast period (2020-2030). Leading Sub-Sectors. 9.2 Europe Smart Agriculture Market Share Analysis, By Type. The Global Agriculture Drones Market size was valued at USD 873.9 Million in 2019 and is anticipated to reach USD 9.63 Billion by 2027 at a CAGR of 35.1%. In 2019, 791,000 hectares of agricultural land were used to produce bioplastics, which accounts for 0.015 percent of the world's agricultural land. Revenue forecast in 2030. USD 7.74 Billion. Agricultural Films Market Size By Application (Mulching, Green House, Silage), By Raw Material (LLDPE, LDPE, EVA, Reclaims, HDPE), Industry Analysis Report, Regional Outlook, Growth Potential, - Market research report and industry analysis - 32340752 . Revenue forecast in 2030. Apr 13, 2022 The coronavirus pandemic and supply chain disruptions around the world has impacted the global agricultural equipment market, which was worth over 103.6 billion U.S. dollars in 2021.. The global Precision Agriculture market size reached USD 6.98 Billion in 2021 and is expected to reach USD 20.23 Billion in 2030 registering a CAGR of 12.9%. It is projected to reach USD 29.8 billion by 2027, at a CAGR of 10.5%, in terms of value between 2022 and 2027. Complete overview of the global. On average, farm sizes in the U.S. are around 445 acres in size and in total there are about 89 5million acres of farmland across . Based on our analysis, the global market exhibited an average growth of 6.2% in 2020 as compared to 2019. The report offers an up-to-date . As a highly urbanized country with little local agricultural production, Singapore is almost entirely dependent upon imports for its food requirements. The global agriculture tractors market is projected to witness a growth opportunity of US$ 38,621.2 million during the period 2022-2030. Report Attributes. In 2021, the total number of farms stood at just over two million. Digital Agriculture Market The global digital agriculture market is predicted to register a CAGR of ~11.2% during the forecast period, 2021-2027. Increasing day to day demand of . Smart Agriculture Market is Expected to Expand at a Compound Annual Growth Rate of 8.60% over the Forecast Period of 2021 to 2028. The project has benefitted a total of 323,501 people-46% of them . 29.1% from 2022 - 2030. Market size value in 2021. Smart Agriculture Market Size And Forecast Smart Agriculture Market was valued at USD 7.09 Billion in 2019 and is projected to reach USD 17.50 Billion by 2027, growing at a CAGR of 11.89% from 2020 to 2027. Practice and growth in demand for the market is estimated to reach $! 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