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Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture.
Scope of the Report:
Artificial Intelligence (AI) in Agriculture is mainly used for three applications: Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots, Others. And Precision Farming was the most widely used area which took up about 35.6% of the global total in 2018. However, in the future, Agriculture Robots will occupy more share.
United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture in the world in the past few years and it will keep leader position in the next few years. North America market took up about 45.2% the global market in 2018, while Europe was about 24.7%.
USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.
The global Artificial Intelligence (AI) in Agriculture market is valued at 330 million USD in 2018 and is expected to reach 980 million USD by the end of 2024, growing at a CAGR of 24.7% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Artificial Intelligence (AI) in Agriculture.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Artificial Intelligence (AI) in Agriculture market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Artificial Intelligence (AI) in Agriculture market by product type and applications/end industries.
Market Segment by Companies, this report covers
- The Climate Corporation
- Precision Hawk
- Prospera Technologies
- Spensa Technologies
- Vision Robotics
- Harvest Croo Robotics
- John Deere
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Machine Learning
- Computer Vision
- Predictive Analytics
Market Segment by Applications, can be divided into
- Precision Farming
- Livestock Monitoring
- Drone Analytics
- Agriculture Robots