United States (US) Smart Agriculture Market Research Report, 2027

United States (US) Smart Agriculture Market Research Report, 2027

Actual Market Research 27-07-2022 54 Pages Figures : 6 Tables : 16 Region : North America Country : United States Category : Food & Beverages Agriculture

The United States, a net exporter of food, depends heavily on its agricultural sector. The average number of farmers or farm workers needed per square kilometer of farmland in the United States is only one, attributed to the country's heavily industrialized agriculture. Smart agriculture, the fourth evolution of farming, was early adopted in the USA. Precision farming is widely understood to mean applying the proper technique at the appropriate location, timing, and intensity. Precision farming has been used on millions of hectares of agricultural land in the UAS. Aquaculture was first practiced in the United States in the late 19th century as a means of increasing fish sources for recreational fishing. While wild-capture fisheries have stalled or are declining, aquaculture currently provides 50% of the world's seafood supply and is expanding. The precision livestock market is part of smart agriculture and is developing in the US market. Smart greenhouses, which are outfitted with contemporary sensor and communications technology, automatically record and disseminate information on the environment and crops around-the-clock. In the United States, the forest products sector contributes 4% of the country's manufacturing GDP and generates more than USD 200 billion in output annually. The smart agriculture market in the USA is the leading market in the world with nearly USD 7 billion in market size. According to the Actual Market Research’s report titled “USA Smart Agriculture Market Research Report, 2027” the smart agriculture market of USA is expected to grow with the nearly CAGR of 11% from the year 2022 to 2027. In North America, the U.S. dominates the market for smart agriculture. The growth of the smart agriculture market in the North American region is attributed to the rising government efforts and supportive regulations for the progress of the agriculture sector. In the American Midwest (US), precision agriculture is connected to conventional farmers that are looking to maximize earnings by investing money primarily in regions that need fertilizer rather than in sustainable agriculture. With this technique, the farmer is able to adjust the amount of fertilizer applied over the field in accordance with the needs discovered by GPS-guided grid or zone sampling. The optimistic farmers of the USA are adopting this new way of agriculture. The precision agriculture market in the USA is the largest market in the world and it is growing with a 12% CAGR year on year. The concept of rooftop gardens has spread to every continent. Rooftop farming is the activity of planting food on a building's rooftop. The market is primarily driven by the growing use of artificial intelligence (AI) and the Internet of Things (IOT) by farmers and agriculturists, as well as by the rising demand for food as a result of the world's expanding population, the explosive growth of indoor farming in urban areas, and the growing number of government initiatives to encourage the adoption of smart agricultural practices. The smart green house market is growing amazingly in the USA. The smart agriculture market in the USA has the ability to cross the one billion mark in the future. It is growing at a nearly 12% CAGR. The Internet of Things (IOT), edge computing, 5G, block chain, artificial intelligence (AI), machine learning, robots, and drones are the technologies powering the "smart agricultural revolution." sensors for managing temperature, humidity, light, and soil. Software: customized software solutions for particular farm types or IOT platforms that are not application-specific. Mobile and LoRa networks are available. PH and soil nutrient levels are two essential pieces of information provided by electrochemical sensors for precision farming. Specific ions in the soil are found using sensor electrodes to gather data. At the moment, sensors mounted on specifically constructed "sleds" assist in gathering, processing, and mapping soil chemical data. The hardware, software, and services that are needed have a huge market size in the United States of America. The use of software is increasing year on year in smart agriculture with a near CAGR of 13%. COVID-19 impacts The spread of COVID-19 caused a downturn in the smart agricultural sector in 2020. Since several of the major companies are situated in the US and these companies were the most severely hit by the pandemic in the first half of 2020, the epidemic had a negative effect on the market's supply chain. The smart agriculture market in the USA has experienced a shock as a result of the COVID-19 pandemic. The pandemic's macroeconomic effects, such as the decrease in household income, are causing the gross calorie demand to plummet, particularly in LDCs. COVID-19 had a negative impact on the food supply chain both financially and by restricting labor migration, altering consumer demand, closing food manufacturing facilities, and restricting food trade laws. Considered in this report • Geography: USA • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • USA smart agriculture Market with its value and forecast along with its segments • Application wise indoor farming distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on types: • Precision agriculture, • Aquaculture, • The smart green house market, • The Precision Livestock Monitoring market, • The forestry market Based on offering: • Hardware • Software • Services The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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