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SMART AGRICULTURE SOLUTION MARKET ANALYSIS

Smart Agriculture Solution Market, By Component (Hardware, Software, and Services), By Application (Automated Machinery Guidance Control, Tractor Collision and Obstacle Detection, Machinery Safety and Parameter Monitoring, Variable Rate Technology, Building and Premises Surveillance, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In May 2023, AgEagle Aerial Systems Inc., a global pioneer in the unmanned aerial vehicle (UAV) industry announced a 2-year supply agreement with Wingtra AG. The purpose of this agreement is to ensure the supply of RedEdge-P sensor kits for integration with WingtraOne VTOL drones. This collaboration is particularly beneficial for those seeking to leverage unparalleled, high-precision, and plant-level detail in commercial agriculture, environmental research, forestry, and water management applications.
  • In February 2023, Topcon Agriculture, provides a range of digital farming solutions introduced Transplanting Control, an exceptional guidance control solution tailored for specialty farmers. This turnkey offering was designed to enhance efficiency, reduce labor requirements, and increase production. Furthermore, it provides GNSS-driven guidance, autosteering, and control capabilities, proving advantageous for growers of perennial trees, vegetables, and fruits.
  • In June 2021, CNH Industrial, an American-Italian multinational corporation that designs, produces, and sells agricultural machinery and construction equipment announced its plan to acquire Raven Industries, a strategic move that will strengthen its smart agriculture capabilities and scale. This acquisition will enable CNH Industrial to offer a broader range of solutions and technologies to the agricultural industry, further enhancing its position in the market.
  • In March 2021, DeLaval launched the RC550 and RC700 robot collectors, designed for solid floors. These products are engineered to enhance cow comfort and hoof condition. The unique rotary manure intake system of these robots enables them to handle manure without the need for additional water.
  • In January 2021, John Deere introduced a new feature called Work Planner to help farmers streamline their work setup process. This feature enables operators to work more efficiently in the field and provides farmers with a comprehensive tool to manage their agricultural operations.

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