Smart Plantation Management System Market Sluggish Growth Rate Foreseen by 2022-2028

The global smart plantation management system market is anticipated to grow at a CAGR of 5.9% during the forecast period. The regulatory bodies and private organizations operating in the market are adopting numerous strategies such as partnership, expansion and collaboration that assist the farmers to adopt, implement and make the best use of the smart agriculture management system. For instance, in January 2022, The US Department of Agriculture (USDA) invested $50 million in 118 partnerships to expand access to conservation assistance for climate-smart agriculture and forestry. The Equity Conservation Cooperative Agreements, administered by USDA’s Natural Resources Conservation Service (NRCS) will fund two-year projects to expand the delivery of conservation assistance to farmers who are new to farming, low-income, socially disadvantaged or military veterans. Projects will support USDA’s broader effort to address climate change and equitable access to programs.  Moreover, in August 2022, Farmers National Company partnered with Climate FieldVie, Bayer’s flagship digital farming product, to offer increased digital management for landowners and tenants working with Farmers National Company. This partnership leverages agriculture technology to drive decision-making, uncover management opportunities between farmers and landowners, and farm managers within the company able to gain field-level insights on a variety of management areas including real-time field-level weather, satellite imagery, and data entry for field operations.

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 Adding on, in December 2019, Growers Edge announced a strategic partnership with CropX. Through this collaboratin, CropX provides revolutionary soil sensing technology that cut crop-input costs through optimized farm management technology that delivers water, fertilizer, energy and labor savings. By analyzing soil data and integrating it with crop models, satellite imagery, and weather forecasts, the CropX cloud-based software platform is designed to boost crop yields through in-field sensors that integrate with irrigation systems. The companies worked together to develop an agronomic prescription based on CropX field trial data and the Growers Edge analytics platform to create a precise model for farmers using CropX sensors.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028

Segment Covered- 

  • By Type
  • By Crop
  • By Component

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • •     Competitive Landscape – John & Co., Robert Bosch GmbH, Yara International ASA, Aquaspy, Coromandel International Ltd.,   and others.

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Smart Plantation Management System Market Report Segment

By Type 

  • Irrigation Systems
  • Plant Growth Monitoring Systems
  • Harvesting Systems

By Crop 

  • Coffee
  • Oilseeds
  • Sugarcane
  • Cotton
  • Others

By Component 

  • Hardware
  • Software

Smart Plantation Management System Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • Abaco Group UK
  • AG Leader Technology
  • Agricultural Solutions
  • Agroweblab Co.,Ltd.
  • Aquaspy
  • Coromandel International Ltd.
  • Cropmetric
  • DTN
  • Hidrosoph
  • Koch Ag And Energy Solutions, Llc
  • Netafim Ltd
  • Phytech
  • Raven Industries, Inc.
  • Rivulis
  • Semios
  • Synelixis SA
  • Teejet Technologies
  • Topcon Positioning Systems, Inc.

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