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2021-03-18
277
Global
Smart farming is rapidly adapted by farmers nowadays. Agriculture plays a very vital role in every country’s economic and social development, In Today’s world population is growing rapidly and there is shortage of food supply in the economy. Production rate is very slow as compared to the population growth rate. Smart farming is mainly focused on the use of data that is acquired through various sources in the management of farm activities. Meeting the needs of the ever growing population is a challenge for the agriculture industry. In order to meet the demands of the ever growing population we needs high yielding crops which can help to solve the problem, thereby boosting the growth of smart farming worldwide. Smart Farming employs hardware and software to capture the data and to manage all the activities that happen in the farm both pre and post - harvest. The data is organized and can be accessed from anywhere in the world. IOT (Internet of Things)in agriculture involves the need of drones and sensors connected through the internet which function automatically and semi automatically performing operations and gathering data aimed at increasing efficiency. With the increasing demands and shortage of lab our across the globe agriculture automation and robots known as Agribots started to gain attention among the farmers. Implementation of Internet is still in its nascent stage. Crop Production decreased by an estimated 213 crores ($3.1 billion) a year due to lab our shortage in a year alone. The world is still in its stage of infancy of an ag robotics revolution with most products still in its trial phases and R&D modes. Demand for high yielding crops and water is driving the market for smart farming.
By Component
By Region
Growth Drivers and Challenges
Drones equipped with sensors and cameras are sued for surveying of the farms. They can be remotely controlled or they can fly automatically through software controlled flight plans in their embedded systems, working in coordination with sensors and GPS. Insights regarding crop health, irrigation, planting, soil and field, plant counting and yield prediction. IOT based sensors utilizes sensors placed along the farms like weather stations for gathering data which is transmitted to tools for analysis.
The conventional database does not have enough storage for the data collected from the IOT sensors. Eradicating extreme poverty , Ensuring a future for depleted resources,, Ending hunger and all forms of malnutrition, Emerging food threats and food losses, Improving the rural earnings and improvement in urban lives, Addressing the climatic changes ,Cooperate governance
Trends
The key players profiled are :
The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Smart Farming Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
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