1. Market Research
  2. > Agriculture Market Trends
Crop Monitoring Market with Covid-19 Impact Analysis, by Offering, Technology, Application, Farm Size, Region - Global Forecast to 2025

Crop Monitoring Market with Covid-19 Impact Analysis, by Offering, Technology, Application, Farm Size, Region - Global Forecast to 2025

  • August 2020
  • 207 pages
  • ID: 5953032
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside


Rising awareness among the farmers towards the digital and remote sensing technologies wordlwide
The crop monitoring market is estimated to be worth USD 2.2 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 15.2%. The crop monitoring market has a promising growth potential owing to sevral factors such as suring investments in the agriculture technology segment, rising concerns in regards with food security and safety across the world.
The crop monitoring market is at a nascent stage and is expected to see a robust growth during the forecast period.The rising use of IoT and AI based devices as well as the penetration of internet among the farmers has resulted in the development of the remote sensing and monitoring technology.

The impact of COVID-19 on the crop monitoring market is likely to be there for a short term, and by end of 2020 or early 2021 the market is expected to witness robust recovery with higher demand for installation of IoT devices in agricultural farms across the world to make optimum use of resources with reduced labor requirements in the fields.

The market for automation and robotics is estimated to grow at highest CAGR during the forecast period
The penetration of the automation and robotics is increasing and is expected to grow at the highest CAGR during the forecast period.The very reason for the high demand for the automation and robotics in the crop monitoring market is the various challenges faced by the farmers such as labor crisis and associated costs.

Moreover the automation could lead to better farm operations without much human intervention resulting in efficient farm management.

The market for software is estimated to grow at highest CAGR between 2020 and 2025
The crop monitoring market for software is expected to flourish at the highest growth rate due to the penetration of internet in the major parts of the world, the development of smartphones and its wide reach, and the need to optimize farm processes with the use of advanced technologies such as artificial intelligence, machine learning, and big data analytics. The ongoing COVID-19 pandemic is further expected to accelerate the growth of the crop monitoring software segment due to the widespread increasing demand for satellite-based remote sensing technology.

The market for weather tracking and forecasting application is estimated to grow at highest CAGR from 2020 to 2025
The crop monitoring market for the weather tracking and forecasting application is expected to grow at the highest CAGR during the forecast period.Crop monitoring enables accurate inputs to ensure higher productivity and efficiency and the weather tracking & forecasting application enables growers to precisely provide inputs as per the weather conditions.

Apart from this, climate change has resulted in growers opting for weather-specific planning so as to minimize losses. The market for these applications is expected to recover gradually due to the disruptions caused by the COVID-19 pandemic and is expected to fully recover by 2021 as the demand for food is consistently rising.

Crop monitoring market in the APAC region is expected to witness a robust growth during 2020-2025

The rising invetments in the ag-tech sector in APAC, increasing penetration of remote sensing technology along with the awareness among the farmers with respect to the remote monitoring and use of telematics are some of the major factors for the high growth of crop monitoring market.The region has a promising growth prospects in the crop monitoring market owing to the presence of various international and domestic players in the field of crop monitoring in countries such as India, China, Japan, and Australia.

Several other factors for the growth of crop monitoring market in the APAC region are strong government support to digitize agriculture, rising concerns to boost productivity and integration of advanced systems with the various equipment.

The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 40 %, Tier 2 – 35%, and Tier 3 –25%
• By Designation: C-Level Executives – 57%, Directors – 29%, and Others – 14%
• By Region: Americas– 40%, Europe – 30%, APAC – 20%, and RoW – 10%

The major players in the crop monitoring market are Topcon Corporation (Japan), Trimble (US), The Climate Corporation (US), Yara International (Norway), CropX Technologies (Israel), Cropio (Switzerland), Earth Observing System (US), PrecisionHawk (US), Ag Leader (US) and Taranis (Israel)

Research Coverage
The report segments the crop monitoring market and forecasts its size, by volume and value, based on region (Americas, Europe, Asia Pacific, and RoW), offering (hardware, softwar and services), technology (sensing and imagery, VRT, automation and robotics) farm size (small, medium and large), application (field mapping, soil monitoring, crop scouting and monitoring, yield mapping and monitoring, variable rate application, weather tracking and forecasting and others)
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the crop monitoring market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying This Report
• This report includes the market statistics pertaining to offering, technology, farm size, application and region
• An in-depth value chain analysis has been done to provide deep insight into the crop monitoring market.
• Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
• The report includes an in-depth analysis and ranking of key players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on