Report Ocean has recently published the “U.S. Smart Agriculture Market“ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The U.S. smart agriculture market size was valued at $2,512.9 million in 2019, and is projected to reach $4,386.8 million by 2027, registering a CAGR of 9.6% from 2020 to 2027. Smart agriculture is anticipated to play a significant role in increasing the current agricultural productivity to cater to the growing demand for food. It has evolved from manual to a technology-based occupation in every aspect. The agriculture industry is open to technical driven innovation and adoption of Internet of Things (IoT) for further development of the sector by using information from weather stations, sensors, and other machinery. Moreover, smart agriculture can be defined as an innovative way of performing agricultural activities by using modern technologies such as big data, cloud data based services, livestock biometrics, agricultural robots, GPS, and Internet of things.
Request To Download Sample of This Strategic Report:-:https://reportocean.com/industry-verticals/sample-request?report_id=AMR1154
These technologies are accepted in the agricultural sector as they help reduce human efforts, maximize utilization of the available resources, maximizing profitability, sustainability, quality, and productivity. There are different types smart agriculture which are practiced includes precision farming, livestock monitoring, fish farming and smart greenhouse. Precision agriculture is one of the key components of modern agriculture, which includes sensing devices, camera, and actuators connectivity modules, micro-controllers, and automation systems that control and monitor the progress of agricultural activities.
Reduction of agricultural land due to increase in urbanization is projected to drive the growth of the U.S. smart agriculture market. In addition, changes in earth’s climate due to human activity has led to changes in average temperature, rainfall, and heat. This affects the crop production resulting in adoption of smart technologies for agriculture which has propelled the growth of U.S. smart agriculture market. Rise in the population in U.S. is expected to increase the food demand and therefore, the farmers in U.S. will need to increase the crop production by using advanced technologies. This is estimated to boost the growth of U.S. smart agriculture in the upcoming years.
Furthermore, due to various initiatives taken by U.S. governments to support farmers, increase productivity as well as quality and adoption of advanced agricultural methods are anticipated to fuel the growth of the U.S. smart agriculture market in the future. However, the agriculture industry consists of various small players that offer solution for various stages of agriculture value chain. Also, the industry does not have a major player that provides solution for the complete agriculture value chain. Thus, farmers find it difficult to achieve economic scalability by deployment of solution and services that are offered by smaller players which results in hampering the growth of the market.
The U.S. smart agriculture market is segmented based on component and smart agriculture type. Based on component it is classified into solution, service and connectivity technology. By smart agriculture type, the market is divided into precision farming, livestock, aquaculture and greenhouse.
Download Sample of This Strategic Report:-:https://reportocean.com/industry-verticals/sample-request?report_id=AMR1154
KEY BENEFITS FOR STAKEHOLDERS
– This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the market from 2019 to 2027 to identify the prevailing U.S. smart agriculture market opportunities.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the U.S. smart agriculture market segmentation assists to determine the prevailing opportunities.
– Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market.
– The report includes the analysis of the U.S. smart agriculture market trends, market segments, application areas, and market growth strategies.
KEY MARKET SEGMENTS
– By Component
o Solution
? Hardware
? HVAC System
? LED Grow Lights
? Valves & Pumps
? Sensor & Control Systems
? Others
? Software
? Network Management
? Agriculture Asset Management
? Smart Water Management
? Irrigation Management
o Service
? Consulting
? System Integration and Deployment
? Support and Maintenance
o Connectivity Technology
? Cellular IoT
? 2G
? 3G
? 4G+
? LoRa
? NB-IoT
? Global Navigation Satellite System (GNSS)
? Wi-Fi
? SIGFOX
? Wireline
? Wireless Personal Area Network (WPAN)
? Others
Request To Download Sample of This Strategic Report:–:https://reportocean.com/industry-verticals/sample-request?report_id=AMR1154
– Smart Agriculture by type
o Precision Farming
o Livestock
o Aquaculture
o Greenhouse
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
Key target audience are:
Business Owners and Executives:
- Market research reports provide valuable insights and data to business owners and executives who are responsible for strategic decision-making.
- They use the information to assess market opportunities, develop business strategies, and make informed choices regarding market entry, expansion, product development, and investments.
Marketing and Sales Professionals:
- Market research reports help marketing and sales professionals understand customer preferences, market trends, and competitive landscape.
- This information assists in developing effective marketing strategies, identifying target audiences, positioning products, and gaining a competitive advantage.
Product Development and Innovation Teams:
- Market research reports provide valuable information on emerging trends, consumer needs, and gaps in the market.
- Product development and innovation teams rely on these insights to develop new products or improve existing offerings that align with customer demands and market trends.
Investors and Financial Analysts: –
- Investors and financial analysts use market research reports to assess the potential returns and risks associated with investments in a particular industry or market.
- The reports provide insights into market growth, competitive landscape, key players, and investment opportunities.
Market Researchers and Consultants: –
- Market research reports serve as a valuable resource for market researchers and consultants who require comprehensive and up-to-date information on specific industries or markets.
- They rely on these reports to gather data, analyze market trends, and provide strategic recommendations to clients.
Government and Regulatory Authorities:
- Market research reports can inform government bodies and regulatory authorities about industry trends, market dynamics, and the impact of regulations.
- These reports help in formulating policies, assessing market competitiveness, and monitoring market conditions.
Academics and Researchers:
- Market research reports provide a rich source of data and analysis for academic researchers studying market dynamics, industry trends, and consumer behavior.
- They use these reports to support their research, validate hypotheses, and gain a broader understanding of specific markets.
Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
Request full Report: : https://reportocean.com/industry-verticals/sample-request?report_id=AMR1154
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel: +1888 212 3539 (US – TOLL FREE)
Email: sales@reportocean.com
Visit our news website: https://reportocean.com