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Europe Artificial Intelligence in Agriculture Market Size, Share & Industry Trends Analysis Report by Technology, Application, Offering, Country and Growth Forecast, 2022-2028

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    Report

  • 107 Pages
  • March 2023
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5779074
The Europe Artificial Intelligence in Agriculture Market should witness market growth of 23.3% CAGR during the forecast period (2022-2028).

One of the most important requirements is the continued use of advanced technical solutions to increase agricultural efficiency. While AI has numerous immediate applications in various industries, such as farming, it will also improve crop quality and speed up the time it takes to get commodities to market. Drones equipped with thermal, multispectral, or hyperspectral sensors can identify areas that require adjustments to their watering schedules.

After crops have grown, these sensors may use their heat signature to produce the vegetation index, an AI-based measure of the crop's health. Despite being unpopular, chemical spraying is an essential part of industrial agriculture. Luckily, sophisticated farming drones are reducing their detrimental effects on the environment. Sprayers and other specialized UAV (Unmanned Aerial Vehicle) technology, such as lasers and ultrasonic echoing devices, can measure the distance accurately. As an outcome, the overall volume of spray and pollutants in the groundwater is significantly reduced.

About half of Europe's land is managed by farmers, making agriculture Europe's largest industry. Trends in monitoring and reporting systems for indoor and outdoor farms, as well as the visualization of a farmer's complete production utilizing computer vision and AI, are expanding the market for artificial intelligencein agriculture. For example, in several European countries, AI is used to cultivate row crops, and due to the robot's accuracy in weeding row crops,less pesticide is used. Internet of the Soil is a software and hardware system for monitoring soil parameters in European nations, including humidity, temperature, and electrical conductivity. Its sensors wirelessly connect to a cloud-based platform that may be viewed by any internet-capable device. These elements would support the growth of the regional market.

The Germany market dominated the Europe Artificial Intelligence in Agriculture Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $310.6 million by 2028. The UK market is estimated to grow a CAGR of 22.3% during (2022-2028). Additionally, The France market would experience a CAGR of 24.2% during (2022-2028).

Based on Technology, the market is segmented into Machine Learning, Computer Vision and Predictive Analytics. Based on Application, the market is segmented into Drone Analytics, Precision Farming, Agricultural Robots, Labor Management, Livestock Monitoring and Others. Based on Offering, the market is segmented into Software, Hardware, AI-as-a-Service and Service. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deere & Company, IBM Corporation, Microsoft Corporation, Climate LLC (Bayer AG), Farmers Edge Inc, AgEagle Aerial Systems, Inc., Prospera Technologies, Inc. (Valmont Industries, Inc.), A.A.A Taranis Visual Ltd., CropIn Technology Solutions Private Limited, and Corteva, Inc. (Dow AgroSciences LLC).

Scope of the Study

By Technology

  • Machine Learning
  • Computer Vision
  • Predictive Analytics

By Application

  • Drone Analytics
  • Precision Farming
  • Agricultural Robots
  • Labor Management
  • Livestock Monitoring
  • Others

By Offering

  • Software
  • Hardware
  • AI-as-a-Service
  • Service

By Country

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

Key Market Players

List of Companies Profiled in the Report:

  • Deere & Company
  • IBM Corporation
  • Microsoft Corporation
  • Climate LLC (Bayer AG)
  • Farmers Edge Inc
  • AgEagle Aerial Systems, Inc.
  • Prospera Technologies, Inc. (Valmont Industries, Inc.)
  • A.A.A Taranis Visual Ltd.
  • CropIn Technology Solutions Private Limited
  • Corteva, Inc. (Dow AgroSciences LLC)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Artificial Intelligence in Agriculture Market, by Technology
1.4.2 Europe Artificial Intelligence in Agriculture Market, by Application
1.4.3 Europe Artificial Intelligence in Agriculture Market, by Offering
1.4.4 Europe Artificial Intelligence in Agriculture Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 The Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical and Business Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Europe Artificial Intelligence in Agriculture Market by Technology
4.1 Europe Machine Learning Market by Country
4.2 Europe Computer Vision Market by Country
4.3 Europe Predictive Analytics Market by Country
Chapter 5. Europe Artificial Intelligence in Agriculture Market by Application
5.1 Europe Drone Analytics Market by Country
5.2 Europe Precision Farming Market by Country
5.3 Europe Agricultural Robots Market by Country
5.4 Europe Labor Management Market by Country
5.5 Europe Livestock Monitoring Market by Country
5.6 Europe Others Market by Country
Chapter 6. Europe Artificial Intelligence in Agriculture Market by Offering
6.1 Europe Software Market by Country
6.2 Europe Hardware Market by Country
6.3 Europe AI-as-a-Service Market by Country
6.4 Europe Service Market by Country
Chapter 7. Europe Artificial Intelligence in Agriculture Market by Country
7.1 Germany Artificial Intelligence in Agriculture Market
7.1.1 Germany Artificial Intelligence in Agriculture Market by Technology
7.1.2 Germany Artificial Intelligence in Agriculture Market by Application
7.1.3 Germany Artificial Intelligence in Agriculture Market by Offering
7.2 UK Artificial Intelligence in Agriculture Market
7.2.1 UK Artificial Intelligence in Agriculture Market by Technology
7.2.2 UK Artificial Intelligence in Agriculture Market by Application
7.2.3 UK Artificial Intelligence in Agriculture Market by Offering
7.3 France Artificial Intelligence in Agriculture Market
7.3.1 France Artificial Intelligence in Agriculture Market by Technology
7.3.2 France Artificial Intelligence in Agriculture Market by Application
7.3.3 France Artificial Intelligence in Agriculture Market by Offering
7.4 Russia Artificial Intelligence in Agriculture Market
7.4.1 Russia Artificial Intelligence in Agriculture Market by Technology
7.4.2 Russia Artificial Intelligence in Agriculture Market by Application
7.4.3 Russia Artificial Intelligence in Agriculture Market by Offering
7.5 Spain Artificial Intelligence in Agriculture Market
7.5.1 Spain Artificial Intelligence in Agriculture Market by Technology
7.5.2 Spain Artificial Intelligence in Agriculture Market by Application
7.5.3 Spain Artificial Intelligence in Agriculture Market by Offering
7.6 Italy Artificial Intelligence in Agriculture Market
7.6.1 Italy Artificial Intelligence in Agriculture Market by Technology
7.6.2 Italy Artificial Intelligence in Agriculture Market by Application
7.6.3 Italy Artificial Intelligence in Agriculture Market by Offering
7.7 Rest of Europe Artificial Intelligence in Agriculture Market
7.7.1 Rest of Europe Artificial Intelligence in Agriculture Market by Technology
7.7.2 Rest of Europe Artificial Intelligence in Agriculture Market by Application
7.7.3 Rest of Europe Artificial Intelligence in Agriculture Market by Offering
Chapter 8. Company Profiles
8.1 Deere & Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Product Launches and Product Expansions
8.1.5.2 Acquisition and Mergers
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and Developments
8.2.5.1 Partnerships, Collaborations, and Agreements
8.2.5.2 Product Launches and Product Expansions
8.2.6 SWOT Analysis
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent Strategies and Developments
8.3.5.1 Partnerships, Collaborations, and Agreements
8.3.6 SWOT Analysis
8.4 Climate LLC (Bayer AG)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent Strategies and Developments
8.4.5.1 Product Launches and Product Expansions
8.5 Farmers Edge Inc
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments
8.5.5.1 Partnerships, Collaborations, and Agreements
8.5.5.2 Acquisition and Mergers
8.5.5.3 Business Expansions
8.6 AgEagle Aerial Systems, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 Prospera Technologies, Inc. (Valmont Industries, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 A.A.A Taranis Visual Ltd.
8.8.1 Company Overview
8.8.2 Recent Strategies and Developments
8.8.2.1 Partnerships, Collaborations, and Agreements
8.8.2.2 Product Launches and Product Expansions
8.8.2.3 Geographical Expansions
8.9 CropIn Technology Solutions Private Limited
8.9.1 Company Overview
8.10. Corteva, Inc. (Dow AgroSciences LLC)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense

Companies Mentioned

  • Deere & Company
  • IBM Corporation
  • Microsoft Corporation
  • Climate LLC (Bayer AG)
  • Farmers Edge Inc
  • AgEagle Aerial Systems, Inc.
  • Prospera Technologies, Inc. (Valmont Industries, Inc.)
  • A.A.A Taranis Visual Ltd.
  • CropIn Technology Solutions Private Limited
  • Corteva, Inc. (Dow AgroSciences LLC)

Methodology

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