Global Smart Plantation Management Systems Market: Overview
The smart plantation management system is an intelligent and smart system that works on the basis of the data collected by the sensors installed in the system. These are used to monitor and keep check on the soil moisture, humidity, temperature, light intensity, crop’s health, and many more. These systems facilitate smart irrigation control systems to maintain the water supply on the basis of the data collected by its sensors installed for soil moisture analysis. These systems set notifications & alerts for farmers and help in tracking & monitoring the health of the crop. The smart plantation management system reduces the operational costs and averts crop failure in large farmlands.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Global Smart Plantation Management Systems Market: Growth Factors
The global smart plantation systems market is expected to grow exponentially during the forecast period due to the surging adoption of these systems by farmers across the globe. The reduction in the wastage of resources further propels the global smart plantation systems market.
The increasing use of the Internet of Things (IoT) is transforming the lifestyle in several fields including traditional agriculture, home, manufacturing, and many others. The IoT is being increasingly adopted in the smart plantation system to integrate agricultural production tools, crops, and people. It can read and analyze the environmental data of farms and give feedback to people. The IoT aids the farmers in knowing the growth status of the crops in real-time. It facilitates the scientific management of crop cultivation and hence increases income and production.
The system helps in smart irrigation technologies for crop cultivations. The automatic frequency conversion irrigation system is developed on the frequency conversion technology to aid the automatic start and stop of the pump. The reason for its proliferation can be attributed to the reduction in load time of the pump as it does not operate for a long time. The water pressure and flow are streamlined at a single level to avoid damage to the pump.
The emergence of 3D laser scanning, hyperspectral imaging, and drone-based imaging sensors in the smart plantation system is positively shaping the trajectory of the global smart plantation systems market.
Global Smart Plantation Management Systems Market: Segmentation
The global smart plantation systems market can be segmented into type, crop, component, and region.
By type, the market can be segmented into harvesting systems, plant growth monitoring systems, and irrigation systems. The plant growth monitoring segment dominates the market due to its ability to control and track the growth of the plants by sending alerts to the farmers.
By crop, the market can be segmented into fruits, cotton, sugarcane, oilseeds, coffee, and others. The fruit segment holds the largest share in the global smart plantation systems market as the fruit is the vital crop and a number of players are providing smart technologies for fruit crop management.
By component, the market can be segmented into hardware and software. The hardware segment holds hegemony over the other. The hardware consists of switches, valves, solenoids, flow meters, displays, GPS devices, controllers, sensors, and others. Sensors are installed on the soil to collect real-time data to assist farmers to take the right decisions regarding crop cultivation.
Global Smart Plantation Management Systems Market: Regional analysis
Asia Pacific holds the largest share in the global smart plantation systems market owing to the favorable climate all over the year. The increasing support from the government to promote the smart plantation management system in farming is contributing significantly to regional growth in the global market.
North America is the growing region in the global market due to the presence of key players in the region. The growing technological developments in the region also fueled regional market growth.
Global Smart Plantation Management Systems Market: Competitive Players
Some of the significant players in the global smart plantation systems market are Aquaspy, Hidrosoph, Jain Irrigation Systems, Rivulis, Phytech, Waterbit, Semiosbio Technologies, Lavatronics, Agroweblab Co., Ltd (awl), Dtn, Synelixis Solutions, Netafim, Deere & Company, and Robert Bosch.
Global Smart Plantation Management Systems Market: Regional Segment Analysis
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The global smart plantation systems market is expected to grow exponentially during the forecast period due to the surging adoption of these systems by farmers across the globe. The reduction in the wastage of resources further propels the global smart plantation systems market.
Some of the significant players in the global smart plantation systems market are Aquaspy, Hidrosoph, Jain Irrigation Systems, Rivulis, Phytech, Waterbit, Semiosbio Technologies, Lavatronics, Agroweblab Co., Ltd (awl), Dtn, Synelixis Solutions, Netafim, Deere & Company, and Robert Bosch.
Asia Pacific holds the largest share in the global smart plantation systems market owing to the favorable climate all over the year. The increasing support from the government to promote the smart plantation management system in farming is contributing significantly to regional growth in the global market.
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