Development Trend of Intelligent Agriculture Based on Internet of Things

QYResearch predicts that by 2026, the global smart agriculture market will grow to $6385.130,000, so that farmers can use the least resources (such as water, fertilizer and seeds) to achieve maximum output. The growing population's huge demand for food, the change of climatic conditions caused by climate change and the government's measures to adopt modern environmental protection agricultural technology are expected to promote the development of the global intelligent agriculture market. The most affected countries will be developed economies and countries with large areas of farmland, especially Europe and the United States. This report mainly involves intelligent agricultural sensors and robots. Software and other service solutions are not included.

The global market income of intelligent agriculture will increase from $2011770,000 to $3,428.48 million in 20 19. We believe that by 2026, this figure will increase to 6385.130,000 USD, with a compound annual growth rate of 9.59% from 2020 to 2026.

The data in 2020 is an estimated value based on historical data and the comprehensive views of industry experts, manufacturers, distributors and end users.

There are many companies in the smart agriculture market. Such as Texas Instruments, John Deere, AKVA Group, Robotics Plus, AGCO, GEA Farm Technology Company, CropX, Trimble Inc, Yamaha, Lely, DeLaval, YANMAR, FarmBot, Raven Industries, AGCO is the largest company in AG Leader Technology, Topcon Positioning System (TPS) and AG Junction, with a market share of 1 1.00% in 20/9 years. Followed by Texas Instruments, which occupied 8. 10% market share in 20 19 years.

According to our forecast, the prospect of intelligent agriculture is bright, but the market is backward. Different countries have different market conditions, which are closely related to their policies.

The above content is taken from Zhi Bo Information Consulting in Hengzhou? | Intelligent Agriculture Market Analysis Report "