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Agtech in the United Kingdom

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    Report

  • 45 Pages
  • August 2024
  • Region: United Kingdom
  • GlobalData
  • ID: 6025307
Agtech in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Agtech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production.
  • The UK agtech market had total revenues of $241.6 million in 2023, representing a compound annual growth rate (CAGR) of 15.2% between 2018 and 2023.
  • The devices segment accounted for the market's largest proportion in 2023, with total revenues of $148.5 million, equivalent to 61.5% of the market's overall value.
  • The UK accounted for a 4.7% market share of the European Agtech market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United Kingdom
  • Leading company profiles reveal details of key agtech market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom agtech market with five year forecasts

Reasons to Buy

  • What was the size of the United Kingdom agtech market by value in 2023?
  • What will be the size of the United Kingdom agtech market in 2028?
  • What factors are affecting the strength of competition in the United Kingdom agtech market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United Kingdom's agtech market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Deere & Co
8.2. CNH Industrial NV
8.3. AGCO Corporation
8.4. Vertical Future Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: United Kingdom agtech market value: $ million, 2018-23
Table 2: United Kingdom agtech market category segmentation: % share, by value, 2018-2023
Table 3: United Kingdom agtech market category segmentation: $ million, 2018-2023
Table 4: United Kingdom agtech market geography segmentation: $ million, 2023
Table 5: United Kingdom agtech market value forecast: $ million, 2023-28
Table 6: Deere & Co: key facts
Table 7: Deere & Co: annual financial ratios
Table 8: Deere & Co: key employees
Table 9: CNH Industrial NV: key facts
Table 10: CNH Industrial NV: annual financial ratios
Table 11: CNH Industrial NV: key employees
Table 12: CNH Industrial NV: key employees Continued
Table 13: AGCO Corporation: key facts
Table 14: AGCO Corporation: annual financial ratios
Table 15: AGCO Corporation: key employees
Table 16: AGCO Corporation: key employees Continued
Table 17: Vertical Future Ltd: key facts
Table 18: United Kingdom size of population (million), 2019-23
Table 19: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
Table 21: United Kingdom inflation, 2019-23
Table 22: United Kingdom consumer price index (absolute), 2019-23
Table 23: United Kingdom exchange rate, 2018-23
List of Figures
Figure 1: United Kingdom agtech market value: $ million, 2018-23
Figure 2: United Kingdom agtech market category segmentation: $ million, 2018-2023
Figure 3: United Kingdom agtech market geography segmentation: % share, by value, 2023
Figure 4: United Kingdom agtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the agtech market in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the agtech market in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the agtech market in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the agtech market in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the agtech market in the United Kingdom, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Deere & Co
  • CNH Industrial NV
  • AGCO Corporation
  • Vertical Future Ltd