Intelligent Agriculture Market Size, Share 2024

India Intelligent Agriculture market size was valued at US$ 1.26 billion in 2024 and is projected to reach US$ 2.84 billion by 2030, at a CAGR of 14.5% during the forecast period 2024-2030.

Application of advanced technologies such as IoT, AI, big data analytics, and robotics in agriculture to enhance productivity, efficiency, and sustainability of farming operations.
The Indian Intelligent Agriculture market is experiencing rapid growth, driven by the increasing adoption of digital technologies in farming, government initiatives promoting smart agriculture, and the need to optimize resource use in agriculture.

Key factors include the push for higher agricultural productivity, growing labor shortages in rural areas, and the need to adapt to climate change impacts. The industry is seeing widespread adoption of precision agriculture techniques, including GPS-guided machinery and variable rate technology for input application. There's a growing trend towards developing AI-powered crop monitoring and disease detection systems using drone and satellite imagery. Challenges include ensuring the affordability and accessibility of intelligent agriculture solutions for small and marginal farmers. The market is benefiting from the increasing penetration of smartphones and internet connectivity in rural areas, enabling wider adoption of agri-tech solutions.

Key players are investing in developing integrated platforms that combine various smart farming technologies for comprehensive farm management. There's increasing focus on creating localized intelligent agriculture solutions that consider India's diverse agro-climatic conditions and farming practices. The industry is also exploring the use of blockchain technology for improving traceability and transparency in agricultural supply chains. As India aims to double farmer incomes and promote sustainable agriculture, the intelligent agriculture market is expected to see sustained strong growth. The market is witnessing increased adoption of IoT sensors for soil moisture monitoring, weather forecasting, and livestock tracking. Companies are developing affordable, easy-to-use smart farming tools tailored for small-scale farmers, who form a significant part of India's agricultural landscape.

The industry faces challenges in terms of data privacy and security concerns, and the need for robust infrastructure to support widespread adoption of intelligent agriculture technologies. However, the potential for significant improvements in agricultural productivity, resource efficiency, and farmer decision-making through intelligent agriculture solutions suggests a promising future for this market in India.

This report contains market size and forecasts of Intelligent Agriculture in India, including the following market information:

•     India Intelligent Agriculture Market Revenue, 2019-2024, 2024-2030, ($ millions)
•     India Intelligent Agriculture Market Sales, 2019-2024, 2024-2030,
•     India Top five Intelligent Agriculture companies in 2023 (%)

Report Includes

This report presents an overview of India market for Intelligent Agriculture , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Intelligent Agriculture sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Intelligent Agriculture market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•     Hydroponics
•     Aeroponics
•     Others

Segment by Applications

•     Vegetable Cultivation
•     Fruit Planting
•     Others

Key Companies covered in this report:

•     Mahindra & Mahindra
•     UPL Limited
•     Jain Irrigation Systems Ltd
•     Rallis India Limited
•     BASF India
•     Bayer CropScience
•     Netafim Irrigation India Pvt Ltd
•     Tata Rallis
•     Monsanto India
•     Nagarjuna Fertilizers and Chemicals Limited

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•     Key companies Intelligent Agriculture revenues in Indian market, 2019-2024 (Estimated), ($ millions)
•     Key companies Intelligent Agriculture revenues share in Indian market, 2023 (%)
•     Key companies Intelligent Agriculture sales in Indian market, 2019-2024 (Estimated),
•     Key companies Intelligent Agriculture sales share in Indian market, 2023 (%)

Key Indicators Analysed

•     Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•     Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•     Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•     Opportunities and Drivers: Identifying the Growing Demands and New Technology
•     Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•     Industry drivers, restraints, and opportunities covered in the study
•     Neutral perspective on the market performance
•     Recent industry trends and developments
•     Competitive landscape & strategies of key players
•     Potential & niche segments and regions exhibiting promising growth covered
•     Historical, current, and projected market size, in terms of value
•     In-depth analysis of the Intelligent Agriculture Market
•     Overview of the regional outlook of the Intelligent Agriculture Market

Key Reasons to Buy this Report:

•     Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•     This enables you to anticipate market changes to remain ahead of your competitors
•     You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•     The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•     Provision of market value (USD Billion) data for each segment and sub-segment
•     Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•     Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•     Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•     Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•     The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•     Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•     Provides insight into the market through Value Chain
•     Market dynamics scenario, along with growth opportunities of the market in the years to come
•     6-month post-sales analyst support

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