Metrics |
Details |
Market CAGR |
High |
Segments Covered |
By Type, , By Application, and By Region |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
Fastest Growing Region |
Asia Pacific |
Largest Market Share |
North America |
Get A free Sample Click Here
Agriculture Automation and Control System is redesigning the agriculture empowering the farmers with the wide scope of procedures, for example, exactness and economical agribusiness to confront difficulties in the field. Worldwide Agriculture Automation and Control System helps in gathering data about conditions like climate, moisture, temperature and ripeness of soil, Crop internet checking empowers recognition of weed, level of water, bug detection, animal interruption in to the field, crop development, agribusiness.
Agriculture Automation and Control System use ranchers to get associated with their farm from anyplace and whenever. Remote sensor systems are utilized for checking the farm conditions and small scale controllers are utilized to control and mechanize the ranch forms.
Growing acceptance of farming automation technologies due to decline in availability of farm workers
Who are farm workers? They are hired agricultural labourer involved in assistance of agricultural production. There could be various reasons for declination of farm labour such as infeasibility in farming, rise in agricultural wages, people choosing the non-agricultural sector as living over agricultural sector, expansion in cities leading to selling of agricultural. For instance, agricultural labourers as a percentage of the workforce is declining from 81.0% to 48.2% in developing countries and 35.0% to 4.2% in developed world by 2016, according to the International Labour Organization (ILO).
Nowadays, in large part due to the tremendous recent improvements in growing technology, the industry is witnessing a blossoming like no time before. For instance, In Jan 2018, John Deere offers Intelligent Boom Control (IBC) on its 1270G Harvester in North America. A first in the harvester category, IBC provides operators with increased accuracy and productivity bringing harvester capabilities to a whole new level
There are various instances where there is shortage in people working on farms, which is growing across the globe. In one of the instance, at Asia Pacific region, country such as Japan, it was found that, there is drop in number of people working in farms from 2.2 million in 2004 to 1.48 million in 2018. Apart from that, if we talk about situation in Europe, the agriculture sector faced sharp decline in the workforce of around 12.8%.
The Yield Monitoring agriculture automation and control system market was valued at USD 1,433.40 million in 2020 and the market is estimated to grow at a CAGR of 13.61% in the forecast period to reach a market value of USD 3,977.18 million by 2028.
Yield monitoring systems are the recent developments in the agricultural sector that allow farmers to assess the effects of weather, soil properties, fertilizers and pesticides on yield production. These systems are intended to provide farmers with an accurate assessment of the yield variation within the field, by producing the yield map of the field.
The process of continuously recording the grain flow with the help of monitoring device, combined with the harvester while at the same time integrating with the actual harvest position in the field, is known as yield mapping. The yield and position data is stored and used to generate the yield map of the field.
In the current scenario, various countries government are encouraging legislations and policies for adopting yield monitoring techniques. For instance, in 2020, the Federal Government of the United States has delivered USD 22 billion financial aid package to America’s farmers. Farm subsidies jumped to their highest level in 14 years. Additionally, one of the largest applications of yield monitoring devices and services is the variable rate technology; due to its high adoption rate and multiple applications, it is expected to drive the industry growth in the coming years. In addition to this, the U.S. Government and universities are also providing support to adopt this technology to obtain high yields
New developments in the agro industry will also enhance the demand for yield monitor system across the world. In August 2020, Topcon has launched a cloud-based farm management platform which is designed to enhance the productivity and profitability by implementing modern technique of farming. This system will provide all the essential information related to the farm.
Moreover, he deployment of communication network to procure the data over the internet from a remote location is further expected to support the growth in the coming years. However, the lack of technical expertise and improper utilization of data generated for yield mapping is hindering the market growth. Additionally, the major challenge for the yield monitoring device manufacturing companies is to accurately calibrate the devices to provide precise results. Moreover, in spite of yield monitoring devices and services offering several advantages for precise agriculture, the high cost of implementation is a potential challenge for the farmers in countries such India, Indonesia and Brazil, which restricts large scale adoption across these emerging markets.
The North America market was valued at USD 1,823.19 million in 2020 and the market is estimated to grow at a CAGR of 13.33% in the forecast period to reach a market value of USD 5,646.25 million by 2028.
The large portion of the North American region is attributed to the farming by farmer's grower. In these regions, there is increased adoption of advanced & modern farming systems and various equipments are employed like steering and guidance systems, filed sensors, display devices, software in farm management. In addition, the factors responsible for market growth in the region are estimated to be the increasing awareness about the quality & productivity of crops and also the advent of new initiatives will probably bring innovations to the agriculture sector.
In United States, Agriculture is a major industry which boosts up its economy since it is main export market for their agricultural products and technology. For instance, trade is important to the US agricultural sector as agricultural exports accounts for more than 20% of the volume of US agricultural production, according to The Food and Agriculture Organization. US states which fuels the agriculture production are California, Iowa, Nebraska, Minnesota, Texas, Kansas, Illinois, North Carolina, Wisconsin & others.
What is the Projected CAGR value of the Agriculture Automation and Control Systems Market?
Agriculture Automation and Control Systems Market is expected to grow at a CAGR of High during the forecasting period 2022-2029.
Which region controlled the global market during 2022-2029?
North America region Controls the Agriculture Automation and Control Systems Market during 2022-2029.
Which is the fastest growing region in the Agriculture Automation and Control Systems Market?
Among all regions, Asia Pacific is the fastest growing market share during the forecast period.
20% Discount Applied*
Get your free sample proposal with a single click!