The Agricultural AI Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2019-2025. The Agricultural AI Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Agricultural AI Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The artificial intelligence (AI) market in agriculture is expected to register a CAGR of over 21.52%, during the forecast period of 2019 – 2024.
Scope of the Report
The artificial intelligence (AI) market in agriculture is driven by the increasing adoption of robots, in agriculture. The increasing consumption and rising requirement of better yields of crops are fueling the demand for robots, in agriculture. Precision farming is in demand as around 70-80% of the new equipment purchases have been deemed to contain some form of precision farming tools along with the demand of smart green applications.
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As global population projected to reach over 9 billion by 2050, agricultural consumption is expected to increase by a massive 70%, where drones have now been mainstreamed for smart farming assisting farmers in a range of tasks from analysis and planning to the actual planting of crops, and the subsequent monitoring of fields to ascertain health and growth.
Drones equipped with hyperspectral, multispectral, or thermal sensors are able to identify areas that require changes in irrigation. Once crops have started growing, these sensors are able to calculate their vegetation index, and indicator of health through AI, by measuring the crop’s heat signature.
No one likes the idea of chemical spraying, but, for the time being, it’s a necessary part of large-scale agriculture. Fortunately, smart farming drones are helping reduce its environmental impact. Specialized UAVs (Unmanned aerial vehicle) are equipped with sprayers, with various kinds of technology, like ultrasonic echoing devices and lasers, which can measure distance with extreme precision.
Top Companies in the Global Agricultural AI Market
IBM, Deere & Company, Microsoft, Agribotix, The Climate Corporation (Subsidiary of Monsanto), Granular, Descartes Labs, Prospera, Mavrx, Awhere, Gamaya, Ec2ce
The Agricultural AI market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Agricultural AI Market on the basis of Types are
On The basis Of Application, the Global Agricultural AI Market is
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Regions Are covered By Agricultural AI Market Report 2019 To 2025.North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports
-Detailed overview of Agricultural AI Market
-Changing Agricultural AI market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Agricultural AI market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Agricultural AI Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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