MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET 2022-2028

Description

MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET 2022-2028

MARKET OUTLOOK

This report on the smart agriculture market in the Middle East and Africa states that it is likely to observe growth, with a CAGR of 10.64% in the forecast years from 2022 to 2028. South Africa, Saudi Arabia, the United Arab Emirates, Turkey, Israel, and Rest of Middle East & Africa are analyzed in the market in this region.
Saudi Arabia’s tech sector is growing rapidly, and in view of this, the nation plans to diversify its economy from fossil fuels. This is likely to increase agricultural exports, which would be a major driving factor for the smart agriculture market. Also, data science and data analytics are the major technologies bolstering the nation’s agro-technology sector.
Data science plays a vital role in the agricultural sector in terms of monitoring irrigation levels, crop yield, and other verticals of smart agriculture. Further, according to industry sources, Saudi Arabia spent $33 billion on ICT equipment in 2021, which is expected to boost the agritech sector. All these factors present positive prospects for the growth of the studied market in the years to come.
Being a water-poor country, Egypt has adopted smart irrigation techniques as part of its 20-year plan to tackle water shortage. Its Ministry of Water Resources and Irrigation collaborated with Cairo MSA University to develop a smart sensor system to measure and monitor soil moisture via smartphones to aid in precise irrigation.
Whereas, in Lebanon, agro-based startups, such as Ground Vertical Farming and Robinson Agri, have implemented smart irrigation solutions across the country to drive the adoption of IoT-based smart solutions. These developments indicate positive growth for the smart agriculture market in Rest of Middle East & Africa.

COMPETITIVE OUTLOOK

The dominant players in the smart agriculture market include Raven Industries, LumiGrow Inc, The Climate Corporation (Bayer AG), Topcon Positioning Systems Inc, Aker Technologies Inc, DeLaval, Afimilk Ltd, and AKVA.

TABLE OF CONTENTS

1. MIDDLE EAST AND AFRICA 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. VENDOR SCORECARD
2.6. KEY MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT LAUNCHES
2.6.3. PARTNERSHIPS & AGREEMENTS
2.7. MARKET DRIVERS
2.7.1. AUTOMATION IN THE AGRICULTURAL INDUSTRY
2.7.2. INCREASING CORPORATE FARMING
2.7.3. ADVANCEMENTS IN AGRICULTURAL TECHNOLOGY AROUND THE GLOBE
2.7.4. GOVERNMENT INITIATIVES TO HELP THE AGRICULTURAL SECTOR
2.8. MARKET CHALLENGES
2.8.1. HIGH COST OF MODERN AGRICULTURAL EQUIPMENT
2.8.2. SHORTAGE OF SKILLED OPERATORS
2.9. MARKET OPPORTUNITIES
2.9.1. DRONE USAGE IS REVOLUTIONIZING THE AGRICULTURAL SECTOR
2.9.2. INCREASE IN THE USE OF VERTICAL FARMING
3. MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION FARMING
3.2. LIVESTOCK MONITORING
3.3. PRECISION AQUACULTURE
3.4. SMART GREENHOUSE
4. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET – COUNTRY OUTLOOK
5.1. UNITED ARAB EMIRATES
5.2. ISRAEL
5.3. SAUDI ARABIA
5.4. TURKEY
5.5. SOUTH AFRICA
5.6. REST OF MIDDLE EAST & AFRICA
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: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 5: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

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