Smart Plantation Management System Market was valued at USD 1140 million in 2021 and is expected to reach USD 1540 million by the year 2028, at a CAGR of 4.4%.
The smart plantation management system is an intelligent system based on the information collected by the sensors. A smart plantation system is the incorporation of information and communication technologies into machinery equipment and sensors in the agricultural production system. It includes temperature, humidity, soil moisture, and soil temperature in the farm or greenhouse using wireless or weird transmission to send the information to the converter through the sensor and connected to the computer system. The application of the management system will effectively and systematically manage the farm, and greenhouse with monitoring methods. Moreover, farmers globally are increasingly adopting plantation systems which will increase the market growth during the forecast period. For instance, according to the Agricultural Robotics Laboratory (ARL) report, it has been reported that around 10% to 15% of US farmers are using smart farming solutions across the 1200 million ha and on 250000 farms, which is expected to increase agricultural productivity over the forecast period.
The top market Players Covered in the Smart Plantation Management System Market are:
Agroweblab Co, Ltd (China), Deere and Company (US), Netafim Ltd (Israel), Phytech, Ltd (Israel), Rivulis Irrigation Ltd (Israel), Robert Bosch GmbH (Germany), Semiosbio Technologies (Canada), Synelixis Solutions (Greece), Tevatronics (Israel), Water Bit Inc (US),Jain Irrigation Systems (India), AquaSpy (US), DTN (US) and other Major Players.
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The global Smart Plantation Management System Market Research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Smart Plantation Management System Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Smart Plantation Management System Market study. The market research includes raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Smart Plantation Management System Market trends, major leading countries/regions, market risk, and market driving force. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Smart Plantation Management System Market Report:
By Type
· Irrigation Systems
· Plant Growth Monitoring Systems
· And Harvesting Systems
By Crop Type
· Coffee
· Oilseeds
· Sugarcane
· Fruits
· Cotton
By Component
· Hardware
· Software
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Regional Analysis for the Smart Plantation Management System Market:
· Geographically, the smart plantation management system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
· The Asia Pacific detained the largest share in the global smart plantation systems market owing to the favorable climate all over the year. The increasing support from the government to promote the smart plantation management system in farming is contributing significantly to regional growth in the global market. The region has a great capability due to its maximum cultivation of plantation crops, such as tea, cotton, and sugarcane. The distribution of smart plantation management systems in APAC is still in its sprouting stage and is approximately to grow firmly, which in turn, will enhance the crop yield with the improved application of resources for plantation crops. China recorded the major share of the market due to the existence of a large cultivation area, specified majorly for sugarcane, tea, and various types of fruits.
· North America is the developed region in the global market due to the presence of key players in the region. The growing technological developments in the region also fueled the regional market growth.
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