Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
| 2023 –2030 | |
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USD 1.81 Billion |
| USD 3.28 Billion | |
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Global Remote Sensing Technology for Agriculture Market, By Component (Hardware, Software, and Service), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labour Management, and Others) – Industry Trends and Forecast to 2030.
A modern farm and agriculture management approach that employs information technology to ensure that crops and soil receive exactly what they require for optimum health and productivity. Remote sensing technologies in agriculture aims to ensure profitability, sustainability, and environmental protection. The market is also benefiting from access to real-time data on crop, soil, and ambient air conditions, as well as other relevant information such as hyper-local weather forecasts, which is expected to grow the market which will raise revenues during the forecast period 2023-2030.
Data Bridge Market Research analyses that the global remote sensing technology for agriculture market was valued at USD 1.81 billion in 2022 and is expected to reach the value of USD 3.28 billion by 2030, at a CAGR of 7.70% during the forecast period of 2023 to 2030. “Hardware segment” is expected to dominate the market due to driving farming communities to use efficient agricultural methods. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Component (Hardware, Software, and Service), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labour Management, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Yara (Norway), Koch AG & Energy Solutions LLC (U.S.), Coromandel International Limited (India), AGRICULTURE SOLUTIONS INC. (Canada), Hafia Groups (Israel), Sapec Agro S.A. (Portugal), Kugler Company (U.S.), ICL (Israel), Van Iperen International (Netherlands), U.S. AG LLC (U.S.), Levant Power Corporation (U.S.), Honeywell International, Inc. (U.S.), Green Peak Technologies (Netherlands), Fujitsu (Japan), ABB(Switzerland), Texas Instruments Inc. (U.S.), ST Microelectronics (Switzerland)
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Market Opportunities
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Market Definition
Access to real-time data on crop, soil, and ambient air conditions, as well as other relevant information such as hyper-local weather forecasts, labour costs, and equipment availability, is part of the approach. Data is used by predictive analytics software to advise farmers on crop rotation, optimal planting and harvesting times, and soil management. Sensors in the field measure the moisture content and temperature of the soil as well as the surrounding air. Images can be processed and integrated with sensor and other data to provide guidance for immediate and future decisions, such as which fields to water and when or where to plant a specific crop.
Drivers
The primary factor driving farming communities to use efficient agricultural methods is a labour shortage in agricultural practises. High-value crops such as apples, strawberries, and sweet peppers are becoming less economically viable due to rising labour costs and a decrease in the number of skilled workers. Farmers of such fruits are increasingly turning to crop sensing solutions to facilitate effective plucking without causing physical damage to the crop.
Rapid population growth is putting pressure on the agricultural sector around the world to increase productivity in order to meet rising food demand. Farmers are increasingly implementing smart harvest technologies such as harvesting robots, automation, control systems, sensors, and imaging systems to increase profitability and output in less time and at a lower cost. The scarcity of arable land is a major factor driving demand for indoor farming activities and the increased use of remote sensing technologies to reduce labour costs.
Opportunity
Firms in the target industry focuses on business growth through strategies such as advanced product launches, capacity expansion, and heavy production investments in their facilities, which are expected to flourish in the near future as the global remote sensing technology for agriculture market grows. Furthermore, site-specific nutrient management with precision agriculture, increased demand for industrial crops, and investment in agricultural operations in developing countries provide profitable opportunities to market participants.
Restraint/Challenge
The requirement for large initial investments in the production of numerous components is impeding the growth of the remote sensing technology market. Market participants must manufacture components and encrypt data content that meet regulatory organisation standards. This limits market growth opportunities for companies.
Recent Development
The global remote sensing technology for agriculture market is on the basis of components and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Components
Application
The global remote sensing technology for agriculture market is analyzed and market size insights and trends are provided by country, components and application as referenced above.
The countries covered in the global remote sensing technology for agriculture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America had the largest market share, accounting for 38.10%. This share is accounted for by the presence of significant market players such as Lockheed Martin Corporation, Esri, and General Dynamics Mission Systems, Inc., among others.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The global remote sensing technology for agriculture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global remote sensing technology for agriculture market .
Some of the major players operating in the global remote sensing technology for agriculture market are:
SKU-
1. INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2. MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET GUIDE
2.2.4 COMPANY POSITIONING GRID
2.2.5 COMAPANY MARKET SHARE ANALYSIS
2.2.6 MULTIVARIATE MODELLING
2.2.7 TOP TO BOTTOM ANALYSIS
2.2.8 STANDARDS OF MEASUREMENT
2.2.9 VENDOR SHARE ANALYSIS
2.2.10 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.11 DATA POINTS FROM KEY SECONDARY DATABASES
2.3 GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET: RESEARCH SNAPSHOT
2.4 ASSUMPTIONS
3. MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHT
5.1 PORTERS FIVE FORCES
5.2 REGULATORY STANDARDS
5.3 TECHNOLOGICAL TRENDS
5.4 PATENT ANALYSIS
5.5 CASE STUDY
5.6 VALUE CHAIN ANALYSIS
5.7 COMPANY COMPARITIVE ANALYSIS
5.8 BENEFITS OF USING REMOTE SENSING TECHNOLOGY IS AGRICULTURE
5.9 FUTURE OF REMOTE SENSING IN AGRICULTURE
6. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY TECHNOLOGY
6.1 OVERVIEW
6.2 ACTIVE
6.2.1 RADAR
6.2.2 SONAR
6.2.3 LASER
6.3PASSIVE
6.3.1 THERMAL INFRARED ENERGY
6.3.2 VISIBLE
6.3.3 NEAR INFRARED
7. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY SYSTEM TYPE
7.1 OVERVIEW
7.2 OPTICAL SENSING
7.3 MULTISPECTRAL SENSING
7.4 HYPERSPECTRAL SENSING
7.5 THERMAL SENSING
7.6 RADAR SENSING
7.7 LIDAR SENSING
7.8 UNMANNED AERIAL VEHICLES (UAVS)
7.9 OTHERS
8. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY PRODUCT MECHANISM
8.1 OVERVIEW
8.2 PHOTOGRAPHIC IMAGES
8.3 DIGITAL IMAGES
9. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY IMAGE RESOLUTION
9.1 OVERVIEW
9.2 LOW SPATIAL RESOLUTION RESOURCE (>30 METERS)
9.3 MEDIUM RESOLUTION SATELLITE (5-30 METERS)
9.4 HIGH RESOLUTION INDUSTRY (1-5 METERS)
9.5 VERY HIGH RESOLUTION INDUSTRY (< 1 METER)
10. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY APPLICATION
10.1 OVERVIEW
10.2 YIELD MONITORING
10.3 FIELD MAPPING
10.4 CROP SCOUTING
10.5 WEATHER TRACKING & FORECASTING
10.6 IRRIGATION MANAGEMENT
10.7 INVENTORY MANAGEMENT
10.8 FARM LABOUR MANAGEMENT
10.9 OBSERVING SOIL CONDITIONS
10.10 WEEDS MANAGEMENT
10.11 OTHERS
11. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, BY GEOGRAPHY
GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
11.1 NORTH AMERICA
11.1.1 U.S.
11.1.2 CANADA
11.1.3 MEXICO
11.2 EUROPE
11.2.1 GERMANY
11.2.2 FRANCE
11.2.3 U.K.
11.2.4 ITALY
11.2.5 SPAIN
11.2.6 RUSSIA
11.2.7 TURKEY
11.2.8 BELGIUM
11.2.9 NETHERLANDS
11.2.10 NORWAY
11.2.11 FINLAND
11.2.12 SWITZERLAND
11.2.13 DENMARK
11.2.14 SWEDEN
11.2.15 POLAND
11.2.16 REST OF EUROPE
11.3 ASIA PACIFIC
11.3.1 JAPAN
11.3.2 CHINA
11.3.3 SOUTH KOREA
11.3.4 INDIA
11.3.5 AUSTRALIA
11.3.6 NEW ZEALAND
11.3.7 SINGAPORE
11.3.8 THAILAND
11.3.9 MALAYSIA
11.3.10 INDONESIA
11.3.11 PHILIPPINES
11.3.12 TAIWAN
11.3.13 VIETNAM
11.3.14 REST OF ASIA PACIFIC
11.4 SOUTH AMERICA
11.4.1 BRAZIL
11.4.2 ARGENTINA
11.4.3 REST OF SOUTH AMERICA
11.5 MIDDLE EAST AND AFRICA
11.5.1 SOUTH AFRICA
11.5.2 EGYPT
11.5.3 SAUDI ARABIA
11.5.4 U.A.E
11.5.5 OMAN
11.5.6 BAHRAIN
11.5.7 ISRAEL
11.5.8 KUWAIT
11.5.9 QATAR
11.5.10 REST OF MIDDLE EAST AND AFRICA
11.6 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
12. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET,COMPANY LANDSCAPE
12.1 COMPANY SHARE ANALYSIS: GLOBAL
12.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
12.3 COMPANY SHARE ANALYSIS: EUROPE
12.4 COMPANY SHARE ANALYSIS: ASIA PACIFIC
12.5 MERGERS & ACQUISITIONS
12.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
12.7 EXPANSIONS
12.8 REGULATORY CHANGES
12.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
13. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, SWOT & DBMR ANALYSIS
14. GLOBAL REMOTE SENSING TECHNOLOGY FOR AGRICULTURE MARKET, COMPANY PROFILE
14.1 NORTHROP GRUMMAN.
14.1.1 COMPANY SNAPSHOT
14.1.2 REVENUE ANALYSIS
14.1.3 GEOGRAPHIC PRESENCE
14.1.4 PRODUCT PORTFOLIO
14.1.5 RECENT DEVELOPMENT
14.2 KUGLER COMPANY
14.2.1 COMPANY SNAPSHOT
14.2.2 REVENUE ANALYSIS
14.2.3 GEOGRAPHIC PRESENCE
14.2.4 PRODUCT PORTFOLIO
14.2.5 RECENT DEVELOPMENT
14.3 ICL
14.3.1 COMPANY SNAPSHOT
14.3.2 REVENUE ANALYSIS
14.3.3 GEOGRAPHIC PRESENCE
14.3.4 PRODUCT PORTFOLIO
14.3.5 RECENT DEVELOPMENT
14.4 HUMMINGBIRD TECHNOLOGIES LIMITED
14.4.1 COMPANY SNAPSHOT
14.4.2 REVENUE ANALYSIS
14.4.3 GEOGRAPHIC PRESENCE
14.4.4 PRODUCT PORTFOLIO
14.4.5 RECENT DEVELOPMENT
14.5 SATYUKT ANALYTICS PRIVATE LIMITED
14.5.1 COMPANY SNAPSHOT
14.5.2 REVENUE ANALYSIS
14.5.3 GEOGRAPHIC PRESENCE
14.5.4 PRODUCT PORTFOLIO
14.5.5 RECENT DEVELOPMENT
14.6 HONEYWELL INTERNATIONAL INC
14.6.1 COMPANY SNAPSHOT
14.6.2 REVENUE ANALYSIS
14.6.3 GEOGRAPHIC PRESENCE
14.6.4 PRODUCT PORTFOLIO
14.6.5 RECENT DEVELOPMENT
14.7 FARMERS EDGE INC
14.7.1 COMPANY SNAPSHOT
14.7.2 REVENUE ANALYSIS
14.7.3 GEOGRAPHIC PRESENCE
14.7.4 PRODUCT PORTFOLIO
14.7.5 RECENT DEVELOPMENT
14.8 AIRBUS
14.8.1 COMPANY SNAPSHOT
14.8.2 REVENUE ANALYSIS
14.8.3 GEOGRAPHIC PRESENCE
14.8.4 PRODUCT PORTFOLIO
14.8.5 RECENT DEVELOPMENT
14.9 LEICA GEOSYSTEMS AG (PART OF HEXAGON)
14.9.1 COMPANY SNAPSHOT
14.9.2 REVENUE ANALYSIS
14.9.3 GEOGRAPHIC PRESENCE
14.9.4 PRODUCT PORTFOLIO
14.9.5 RECENT DEVELOPMENT
14.10 MAXAR TECHNOLOGIES
14.10.1 COMPANY SNAPSHOT
14.10.2 REVENUE ANALYSIS
14.10.3 GEOGRAPHIC PRESENCE
14.10.4 PRODUCT PORTFOLIO
14.10.5 RECENT DEVELOPMENT
14.11 SCANEX GROUP
14.11.1 COMPANY SNAPSHOT
14.11.2 REVENUE ANALYSIS
14.11.3 GEOGRAPHIC PRESENCE
14.11.4 PRODUCT PORTFOLIO
14.11.5 RECENT DEVELOPMENT
14.12 SATELLITE IMAGING CORPORATION
14.12.1 COMPANY SNAPSHOT
14.12.2 REVENUE ANALYSIS
14.12.3 GEOGRAPHIC PRESENCE
14.12.4 PRODUCT PORTFOLIO
14.12.5 RECENT DEVELOPMENT
14.13 PLANET LABS PBC
14.13.1 COMPANY SNAPSHOT
14.13.2 REVENUE ANALYSIS
14.13.3 GEOGRAPHIC PRESENCE
14.13.4 PRODUCT PORTFOLIO
14.13.5 RECENT DEVELOPMENT
14.14 SKY LAND MANAGEMENT PTY LTD
14.14.1 COMPANY SNAPSHOT
14.14.2 REVENUE ANALYSIS
14.14.3 GEOGRAPHIC PRESENCE
14.14.4 PRODUCT PORTFOLIO
14.14.5 RECENT DEVELOPMENT
14.15 SATELLITE IMAGING CORPORATION
14.15.1 COMPANY SNAPSHOT
14.15.2 REVENUE ANALYSIS
14.15.3 GEOGRAPHIC PRESENCE
14.15.4 PRODUCT PORTFOLIO
14.15.5 RECENT DEVELOPMENTS
14.16 ESRI AGRICULTURE
14.16.1 COMPANY SNAPSHOT
14.16.2 REVENUE ANALYSIS
14.16.3 GEOGRAPHIC PRESENCE
14.16.4 PRODUCT PORTFOLIO
14.16.5 RECENT DEVELOPMENTS
14.17 CORTEVA
14.17.1 COMPANY SNAPSHOT
14.17.2 REVENUE ANALYSIS
14.17.3 GEOGRAPHIC PRESENCE
14.17.4 PRODUCT PORTFOLIO
14.17.5 RECENT DEVELOPMENTS
14.18 SYNGENTA
14.18.1 COMPANY SNAPSHOT
14.18.2 REVENUE ANALYSIS
14.18.3 GEOGRAPHIC PRESENCE
14.18.4 PRODUCT PORTFOLIO
14.18.5 RECENT DEVELOPMENTS
14.19 BAYER AG
14.19.1 COMPANY SNAPSHOT
14.19.2 REVENUE ANALYSIS
14.19.3 GEOGRAPHIC PRESENCE
14.19.4 PRODUCT PORTFOLIO
14.19.5 RECENT DEVELOPMENTS
14.20 CARGILL, INCORPORATED
14.20.1 COMPANY SNAPSHOT
14.20.2 REVENUE ANALYSIS
14.20.3 GEOGRAPHIC PRESENCE
14.20.4 PRODUCT PORTFOLIO
14.20.5 RECENT DEVELOPMENTS
14.21 SEMIOS
14.21.1 COMPANY SNAPSHOT
14.21.2 REVENUE ANALYSIS
14.21.3 GEOGRAPHIC PRESENCE
14.21.4 PRODUCT PORTFOLIO
14.21.5 RECENT DEVELOPMENTS
14.22 CLIMATE LLC.
14.22.1 COMPANY SNAPSHOT
14.22.2 REVENUE ANALYSIS
14.22.3 GEOGRAPHIC PRESENCE
14.22.4 PRODUCT PORTFOLIO
14.22.5 RECENT DEVELOPMENTS
14.23 METER
14.23.1 COMPANY SNAPSHOT
14.23.2 REVENUE ANALYSIS
14.23.3 GEOGRAPHIC PRESENCE
14.23.4 PRODUCT PORTFOLIO
14.23.5 RECENT DEVELOPMENTS
14.24 SENTERA
14.24.1 COMPANY SNAPSHOT
14.24.2 REVENUE ANALYSIS
14.24.3 GEOGRAPHIC PRESENCE
14.24.4 PRODUCT PORTFOLIO
14.24.5 RECENT DEVELOPMENTS
15. CONCLUSION
16. QUESTIONNAIRE
17. RELATED REPORTS
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