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North America 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

  • 97 Pages
  • March 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5779075
The North America Artificial Intelligence in Agriculture Market should witness market growth of 22.7% CAGR during the forecast period (2022-2028).

To develop crop metrics across thousands of acres, remote sensing techniques, hyperspectral photography, and 3D laser scanning are essential. It can potentially bring about a fundamental shift in how farmers view agriculture from a time and effort perspective. Additionally, this technology will be used to track crops throughout their existence, producing reports in the event of anomalies. Irrigation is a farming operation requiring a lot of human labor. Automation of irrigation can increase total yield when machines are taught about past weather patterns, the quality of the soil, and the kind of crops that will be planted.

Both in terms of agricultural goods and field farming practices, AI and machine learning (ML) are being quickly incorporated into agriculture. Since it can comprehend, pick up on, and react to various situations with increased effectiveness, intellectual computing, in particular, is poised to become the most disruptive technology in the farm service sector. All farmers will benefit from having access to some of these solutions, such as a chatbot or other conversational platform, if it enables them to keep up with technological advancements and implement them into their daily agricultural practices.

The region has witnessed a rise in government incentives for the use of cutting-edge agricultural technologies, as well as an improvement in infrastructure. The National Institute of Food and Agriculture (NIFA), a division of the United States Department of Agriculture, implements geospatial, sensor, and precision technology projects in an effort to educate farmers. In addition, NIFA collaborates with Land-Grand universities to aid farmers in developing robust sensors, software, and tools for modelling, monitoring, and assessing a vast array of complex biological materials and processes. These elements are projected to stimulate the regional market for artificial intelligence in agriculture.

The US market dominated the North America 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 $1,287.9 million by 2028. The Canada market is poised to grow at a CAGR of 25.5% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 24.4% 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 U.S., Mexico, Canada, and Rest of North America.

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

  • US
  • Canada
  • Mexico
  • Rest of North America

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 North America Artificial Intelligence in Agriculture Market, by Technology
1.4.2 North America Artificial Intelligence in Agriculture Market, by Application
1.4.3 North America Artificial Intelligence in Agriculture Market, by Offering
1.4.4 North America 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. North America Artificial Intelligence in Agriculture Market by Technology
4.1 North America Machine Learning Market by Country
4.2 North America Computer Vision Market by Country
4.3 North America Predictive Analytics Market by Country
Chapter 5. North America Artificial Intelligence in Agriculture Market by Application
5.1 North America Drone Analytics Market by Country
5.2 North America Precision Farming Market by Country
5.3 North America Agricultural Robots Market by Country
5.4 North America Labor Management Market by Country
5.5 North America Livestock Monitoring Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Artificial Intelligence in Agriculture Market by Offering
6.1 North America Software Market by Country
6.2 North America Hardware Market by Country
6.3 North America AI-as-a-Service Market by Country
6.4 North America Service Market by Country
Chapter 7. North America Artificial Intelligence in Agriculture Market by Country
7.1 US Artificial Intelligence in Agriculture Market
7.1.1 US Artificial Intelligence in Agriculture Market by Technology
7.1.2 US Artificial Intelligence in Agriculture Market by Application
7.1.3 US Artificial Intelligence in Agriculture Market by Offering
7.2 Canada Artificial Intelligence in Agriculture Market
7.2.1 Canada Artificial Intelligence in Agriculture Market by Technology
7.2.2 Canada Artificial Intelligence in Agriculture Market by Application
7.2.3 Canada Artificial Intelligence in Agriculture Market by Offering
7.3 Mexico Artificial Intelligence in Agriculture Market
7.3.1 Mexico Artificial Intelligence in Agriculture Market by Technology
7.3.2 Mexico Artificial Intelligence in Agriculture Market by Application
7.3.3 Mexico Artificial Intelligence in Agriculture Market by Offering
7.4 Rest of North America Artificial Intelligence in Agriculture Market
7.4.1 Rest of North America Artificial Intelligence in Agriculture Market by Technology
7.4.2 Rest of North America Artificial Intelligence in Agriculture Market by Application
7.4.3 Rest of North America 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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