The Global Smart Plantation Management System Market is expected to grow at a significant rate during the forecast period. The Global Smart Plantation Management System Market is projected to reach USD 1.48 billion by 2026 by growing at a CAGR of 6.5 % during the forecast period 2020- 2026. The market is growing owing to various factors.
The increase in the adoption of plantation intelligence (PI) and data mining and reduction in agricultural resource waste and manpower, are the primary factors fueling the growth of the market for smart plantation management systems. The use of smart irrigation systems conserves approximately 20 percent more water than conventional irrigation systems, which is one of the critical drivers of the Plantation Management Systems market.
Request to get the report sample pages at @ https://www.blueweaveconsulting.com/smart-plantation-management-system-market-bwc19406/report-sample
The software is permitting farmers to use smartphones or laptops to track and manage their fields, which removes the need to visit the fields regularly. These factors are expected to drive the growth of the software segment. In addition, the Smart Plantation Management Systems market would increase by the government’s support to promote the Internet of Things (IoT) in farming, unfavorable climatic conditions, raise environmental concerns, decrease productivity, and reduction of farmland numbers.
However, the high capital investment and lack of awareness in the adoption of smart plantation management systems are expected to hamper the growth of the smart plantation management systems market.
the Fruits segment is expected to account for the largest market share during the forecast period, since fruit has emerged as a vital crop for the use of smart plantation management systems, given a large number of players offering smart fruit plantation systems and technologies developed for different fruit types. Grapes, citrus fruits, and apples are the main fruits where, due to their higher demand, smart plantation management systems were introduced.
The farm owners are facing a severe labor shortage, since the working conditions and pay of the workers are not right, and due to which several crops and agricultural land are devastating. The erratic weather patterns and insufficient knowledge often contribute to crop losses. In the form of smart plantation management systems, this has resulted in more farms finding alternative solutions.
By geography, the global Smart Plantation Management System Market segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific dominated the market for Smart Plantation Management Systems and is expected to see robust growth due to favorable climatic conditions for crops. Because of the massive crop production, which includes tea, sugarcane, and cotton, it has enormous potential. China holds the largest market share due to the presence of a large crop area, particularly for tea, sugar cane, and fruit.
The major market players in the Global Smart Plantation Management System are Robert Bosch, Deere & Company, Netafim, Synelixis Solutions, DTN, AgroWebLab Co., Ltd., SemiosBio Technologies,, WaterBit, Phytech, Tevatronics, Rivulis, Jain Irrigation Systems, Hidrosoph, AquaSpy, and other Prominent Players are expanding their presence in the market by implementing various innovations and technologies.
Other Published Reports by BlueWeave Consulting
Vertical Farming and Plant Factory Market
North America holds the largest market share in the Global Vertical Farming and Plant Factory Market during the forecast period. The market in the North American region is growing with the growing demand for high-quality food in the region. Region wise, the exhibition of the business alongside the conspicuous merchants working in the topography additionally enlightens partners, entrepreneurs, and field showcasing, administrators.
Plant Extracts Market
Increasing preference shift towards herbal phytomedicines over allopathic is the key factor anticipated to drive the growth of the global plant extracts market with a significant growth rate in the upcoming years 2019-2025. The key reason for preference shift are rising R&D activities, increasing clean label product demand, health benefits coupled with convenience food popularity.
BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients.
Company Name: BlueWeave Consulting
Contact Person: Laltu
Email: Send Email
Phone: +1 866 658 6826
Address:Noida Sector 63