ASIA-PACIFIC SMART AGRICULTURE MARKET 2022-2028

Description

ASIA-PACIFIC SMART AGRICULTURE MARKET 2022-2028

MARKET OUTLOOK

This report depicts that the smart agriculture market in the Asia-Pacific would observe growth at a CAGR of 12.12% in the forecast years from 2022 to 2028. India, ASEAN countries, China, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific are scrutinized in the market in this region.
Vertical farming adoption has increased in Japan, driven by environmental degradation and the growing population of aged farmers. The smart agriculture market in the country is expected to develop owing to the use of artificial intelligence in data analysis, harvest computation, and remote-control management of growing areas. In recent years, several agricultural robots have been deployed across farms in Japan, including robots for managing tea plantations & weeding in rice paddies and autonomous drones for pest control. Robots for in-house harvesting have also been installed and are anticipated to gain traction during the forecasted period, thus boosting the market growth.
China has been focusing on developing autonomous agricultural technology and systems in recent years. In August 2022, the Chinese Academy of Agricultural Sciences (CAAS) initiated programs to bolster scientific and technological advancements in agricultural equipment. The country boasts of more than 4.6 million medium- and large-sized domestic tractors that are part of autonomous agricultural machinery systems. And, as of 2021, over 65,000 BeiDou Navigation Satellite System units were installed for automated agriculture. All these factors are expected to propel the smart agriculture market in the country on a growth path.

COMPETITIVE OUTLOOK

The prominent companies in the smart agriculture market are Topcon Positioning Systems Inc, DeLaval, Afimilk Ltd, SemiosBio Technologies Inc, Deere & Company, AKVA, AgJunction, and Trimble Inc.

TABLE OF CONTENTS

1. ASIA-PACIFIC SMART AGRICULTURE MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. KEY INSIGHTS
2.1.1. USE OF VERTICAL FARMING DUE TO RISING FOOD DEMAND
2.1.2. RISING LABOR COST
2.1.3. RISING FOOD SECURITY CONCERNS DUE TO CLIMATE CHANGE
2.2. IMPACT OF COVID-19 ON THE SMART AGRICULTURE MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. REGULATORY FRAMEWORK
2.6. VENDOR SCORECARD
2.7. KEY MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT LAUNCHES
2.7.3. PARTNERSHIPS & AGREEMENTS
2.8. MARKET DRIVERS
2.8.1. AUTOMATION IN THE AGRICULTURAL INDUSTRY
2.8.2. INCREASING CORPORATE FARMING
2.8.3. ADVANCEMENTS IN AGRICULTURAL TECHNOLOGY AROUND THE GLOBE
2.8.4. GOVERNMENT INITIATIVES TO HELP THE AGRICULTURAL SECTOR
2.9. MARKET CHALLENGES
2.9.1. HIGH COST OF MODERN AGRICULTURAL EQUIPMENT
2.9.2. SHORTAGE OF SKILLED OPERATORS
2.10. MARKET OPPORTUNITIES
2.10.1. DRONE USAGE IS REVOLUTIONIZING THE AGRICULTURAL SECTOR
2.10.2. INCREASE IN THE USE OF VERTICAL FARMING
3. ASIA-PACIFIC SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION FARMING
3.2. LIVESTOCK MONITORING
3.3. PRECISION AQUACULTURE
3.4. SMART GREENHOUSE
4. ASIA-PACIFIC SMART AGRICULTURE MARKET OUTLOOK – BY COMPONENT
4.1. SOLUTION
4.1.1. HARDWARE
4.1.1.1. HVAC SYSTEMS
4.1.1.2. LED GROW LIGHTS
4.1.1.3. VALVES & PUMPS
4.1.1.4. SENSORS & CONTROL SYSTEMS
4.1.1.5. OTHER HARDWARE
4.1.2. SOFTWARE
4.1.2.1. NETWORK MANAGEMENT
4.1.2.2. AGRICULTURE ASSET MANAGEMENT
4.1.2.3. SMART WATER MANAGEMENT
4.1.2.4. IRRIGATION MANAGEMENT
4.2. SERVICE
4.2.1. CONSULTING
4.2.2. SYSTEM INTEGRATION & DEPLOYMENT
4.2.3. SUPPORT & MAINTENANCE
4.3. CONNECTIVITY TECHNOLOGY
4.3.1. CELLULAR IOT
4.3.2. LORA
4.3.3. NB-IOT
4.3.4. GLOBAL NAVIGATION SATELLITE SYSTEMS
4.3.5. WI-FI
4.3.6. SIGFOX
4.3.7. WIRELINE
4.3.8. WIRELESS PERSONAL AREA NETWORK (WPAN)
4.3.9. OTHER CONNECTIVITY TECHNOLOGIES
5. ASIA-PACIFIC SMART AGRICULTURE MARKET – COUNTRY OUTLOOK
5.1. CHINA
5.2. JAPAN
5.3. INDIA
5.4. SOUTH KOREA
5.5. ASEAN COUNTRIES
5.6. AUSTRALIA & NEW ZEALAND
5.7. REST OF ASIA-PACIFIC
6. COMPETITIVE LANDSCAPE
6.1. AGCO CORPORATION
6.2. AFIMILK LTD
6.3. AKVA
6.4. AGEAGLE AERIAL SYSTEMS INC
6.5. DEERE & COMPANY
6.6. THE CLIMATE CORPORATION (BAYER AG)
6.7. DELAVAL
6.8. TRIMBLE INC
6.9. RAVEN INDUSTRIES
6.10. LUMIGROW INC
6.11. TOPCON POSITIONING SYSTEMS INC
6.12. AGJUNCTION
6.13. INNOVASEA SYSTEMS INC
6.14. MSD ANIMAL HEALTH (MERCK & CO)
6.15. SEMIOSBIO TECHNOLOGIES INC
6.16. AKER TECHNOLOGIES INC
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY

LIST OF TABLES
TABLE 1: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: VENDOR SCORECARD
TABLE 4: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 3: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY PRECISION FARMING, 2022-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY LIVESTOCK MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY PRECISION AQUACULTURE, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 10: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 12: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY HVAC SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY LED GROW LIGHTS, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY VALVES & PUMPS, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SENSORS & CONTROL SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY OTHER HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOFTWARE, 2021 & 2028 (IN %)
FIGURE 19: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY NETWORK MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY AGRICULTURE ASSET MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SMART WATER MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY IRRIGATION MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 25: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CONSULTING, 2022-2028 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SYSTEM INTEGRATION & DEPLOYMENT, 2022-2028 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SUPPORT & MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 30: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CELLULAR IOT, 2022-2028 (IN $ MILLION)
FIGURE 31: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY LORA, 2022-2028 (IN $ MILLION)
FIGURE 32: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY NB-IOT, 2022-2028 (IN $ MILLION)
FIGURE 33: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY GLOBAL NAVIGATION SATELLITE SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 34: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY WI-FI, 2022-2028 (IN $ MILLION)
FIGURE 35: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 36: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY WIRELINE, 2022-2028 (IN $ MILLION)
FIGURE 37: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY WIRELESS PERSONAL AREA NETWORK (WPAN), 2022-2028 (IN $ MILLION)
FIGURE 38: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY OTHER CONNECTIVITY TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 39: ASIA-PACIFIC SMART AGRICULTURE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: CHINA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: JAPAN SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: INDIA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: SOUTH KOREA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: ASEAN COUNTRIES SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: AUSTRALIA & NEW ZEALAND SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: REST OF ASIA-PACIFIC SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)