Asia Pacific Intelligent Agriculture Market

Asia Pacific Intelligent Agriculture Market Size, Growth, Trends and Forecast:

Asia Pacific Intelligent Agriculture Market was worth USD 3.1 billion in 2021 and estimated to be growing at a CAGR of 14.53%, to reach USD 6.21 billion by 2026.

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.

Asia Pacific Intelligent Agriculture Market Drivers:

The driving factors of Asia Pacific Intelligent Agriculture market are increasing application of technologies in agriculture, rising need of monitoring livestock performance and health, government’s support to adopt modern agricultural techniques, and 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.

Asia Pacific Intelligent Agriculture Market Segmentation:

Asia Pacific Intelligent Agriculture Market – By Application:

• livestock monitoring applications
  • Feeding Management
  • Heat Stress Management
  • Milk Harvesting
  • Breeding Management
  • Animal Comfort Management
  • Behavior Monitoring & Management
  • others
• precision farming applications
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
  • Financial Management
  • others
• fish farming applications
  • Fish Tracking & Fleet Navigation
  • Feeding Management
  • Water Quality Management
  • others
• smart greenhouse applications
  • Hvac Management
  • Yield Monitoring
  • Water & Fertilizer Management
• others

Asia Pacific Intelligent Agriculture Market – By Offering:

• Hardware
  • Hardware for Precision Farming
  • Hardware for Livestock Monitoring
  • Hardware for Fish Farming
  • Hardware for Smart Greenhouse
  • Hardware for Others Market
• Software
  • Local/Web Based
  • Cloud Based
• Services
  • System Integration and Consulting
  • Managed Services
  • Connectivity Services
  • Assisted Professional Services
  • Maintenance and Support

Geographical Analysis:

The Asia Pacific Intelligent Agriculture market is divided based on geography into India, China, Japan, Australia and other parts of the region. 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.

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).