Asia Pacific Intelligent Agriculture Market Investment Opportunities 2025


Posted December 3, 2020 by sandycool

Asia Pacific Intelligent Agriculture Market was worth USD 2.7 billion in 2020 and estimated to be growing at a CAGR of 14.53%, to reach USD 5.35 billion by 2025.
 
Asia Pacific Intelligent Agriculture Market was worth USD 2.7 billion in 2020 and estimated to be growing at a CAGR of 14.53%, to reach USD 5.35 billion by 2025.

Intelligent Agriculture involves technology-driven information analysis of data acquired from the fields and the application of inputs according to the data analysis for raising crop productivity. It includes the use of modern technologies of farming which help in improving the quality of food and growing the yield of farms.

Smart agriculture tools are most extensively used in precision farming since they play a vital role in improving farm efficiency and help growers in maximizing their yields of crop. Yield monitoring is a major application of precision farming used to identify the field variability information, which includes soil properties, weather conditions, and fertilizers. Soil monitoring is a major application of yield monitoring, which helps in identifying different soil parameters in order to maintain the nutrient level of the soil.

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The driving factors of the Asia Pacific Intelligent Agriculture market are the increasing application of technologies in agriculture, the rising need of monitoring livestock performance and health, the government’s support to adopt modern agricultural techniques, and the increasing demand for food worldwide. The major constraining factors for the growth of the smart agriculture market include the high initial investments and the lack of technical awareness among the growers.

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Market Segmentation:

The Asia Pacific Intelligent Agriculture market is segmented based on the basis of agriculture type into

Livestock monitoring
Feeding Management
Heat Stress Management
Milk Harvesting, Breeding Management
Animal Comfort Management
Behavior Monitoring & Management
Precision farming
Yield Monitoring
Field Mapping
Crop Scouting
Weather Tracking & Forecasting
Irrigation Management
Inventory Management
Farm Labor Management
Financial Management
Others
Smart Greenhouses
Hvac Management
Yield Monitoring
Water & Fertilizer Management
Fish farming
Fish Tracking & Fleet Navigation
Feeding Management
Water Quality Management
By Application
Livestock monitoring applications
Precision farming applications
Fish farming applications
Smart greenhouse applications
Others
Geographical Analysis:

The Asia Pacific Intelligent Agriculture market is divided based on geography into

India
China
Japan
Australia
Asia Pacific has the second-largest market for intelligent agriculture in the world by share. It is also the fastest-growing region in the world. Factors such as increasing application of technologies in agriculture and growing support of government is expected to drive the market growth in the region.

Major Key Players:

Some of the major players in the market are Asia Pacifican GNSS Agency (GSA) (Czech Republic), Precision Ag Institute (U.S.), International Society for Precision Agriculture (ISPA) (U.S.), SPAA Precision Agriculture (Australia), CropLife (CropLife Media Group) (U.S.), Precision Agriculture Association (New Zealand), and Agricultural Research Organization (Israel).
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Categories Agriculture , Business
Tags intelligent agriculture , market data forecast , market share , market trends , market values
Last Updated December 3, 2020