Market by Type, Component, and Country Outlook | Forecast 2022-2028
The study by Triton Market Research shows that the Middle East and Africa’s smart agriculture market would develop with a CAGR of 10.64% over the forecast years from 2022 to 2028.
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The countries analyzed in this
market include:
• The United Arab Emirates
• South Africa
• Turkey
• Israel
• Saudi Arabia
• Rest of Middle East & Africa
The United Arab Emirates is
expected to observe the fastest growth in the regional market over the
forecasted period. The Middle East and Africa is
an extremely water-scarce region. Agriculture uses 85% of the water in the
region. This presents multiple opportunities for the adoption of smart
agricultural practices.
Food
imports in the United Arab Emirates amount to a staggering 85%, owing to which,
authorities have made strategic investments to boost agricultural output and
thus attain self-sufficiency. As part of the Food Security Strategy 2051, the
government plans to increase average farm income by 10% and the agricultural
workforce by 5%, while also considerably reducing irrigation water usage.
Besides,
the establishment of the Food Tech Valley has strengthened the nation’s
commitment of becoming a global leader in sustainable food production. All
these factors indicate growth prospects for the smart agriculture market in the
near future.
Smart
farming technology has enabled farmers and growers in South Africa to attain
their full potential in any agricultural activity they engage in and sustain
this growth. Currently, producers use everything, from regenerative agriculture
(using efficiency-boosting smart technologies) to gene technology. The latter
has shown excellent results in terms of yield improvement, with genetically
modified maize accounting for nearly 80% to 90% of total production. This makes
South Africa an important market for smart agriculture.
Services
such as consulting, support, and maintenance service, which are crucial aspects
of smart agriculture. They help farmers and land managers to manage the risks &
effects of climate change in a better manner and also undertake necessary
action. Further, these services enable them to make informed decisions
regarding their farm operation and how to leverage data for better &
low-cost crop production. There is an increasing preference for these services,
which is expected to drive market growth.
Triton’s report assesses the
market according to component and type. Here,
the component segment comprises service, solution, and connectivity technology.
The prominent companies in the
smart agriculture market include SemiosBio Technologies Inc, LumiGrow Inc,
AKVA, Afimilk Ltd, Trimble Inc, InnovaSea Systems Inc, AgJunction, and The
Climate Corporation (Bayer AG).
Afimilk
Ltd is one of the leading companies engaged in developing and marketing advanced
smart agriculture systems and solutions. It specializes in software
applications, herd management systems, and complete dairy farm solutions.
Besides, Afimilk provides its automation solutions to more than 15,000 farms. The
company was founded in 1977, and is headquartered in Kibbutz Afikim, Israel.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the smart agriculture market revenue growth in the
Middle East and Africa and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Model
·
A
wide-ranging study of factors that will challenge the Middle East and Africa smart
agriculture market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
Market by Technology (Data ana ..
VIEW REPORT1. MIDDLE
EAST AND AFRICA SMART AGRICULTURE MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. USE OF
VERTICAL FARMING DUE TO RISING FOOD DEMAND
2.1.2. RISING
LABOR COST
2.1.3. RISING
FOOD SECURITY CONCERNS DUE TO CLIMATE CHANGE
2.2. IMPACT
OF COVID-19 ON THE SMART AGRICULTURE MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. PARTNERSHIPS
& AGREEMENTS
2.7. MARKET
DRIVERS
2.7.1. AUTOMATION
IN THE AGRICULTURAL INDUSTRY
2.7.2. INCREASING
CORPORATE FARMING
2.7.3. ADVANCEMENTS
IN AGRICULTURAL TECHNOLOGY AROUND THE GLOBE
2.7.4. GOVERNMENT
INITIATIVES TO HELP THE AGRICULTURAL SECTOR
2.8. MARKET
CHALLENGES
2.8.1. HIGH
COST OF MODERN AGRICULTURAL EQUIPMENT
2.8.2. SHORTAGE
OF SKILLED OPERATORS
2.9. MARKET
OPPORTUNITIES
2.9.1. DRONE
USAGE IS REVOLUTIONIZING THE AGRICULTURAL SECTOR
2.9.2. INCREASE
IN THE USE OF VERTICAL FARMING
3. MIDDLE
EAST AND AFRICA SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION
FARMING
3.2. LIVESTOCK
MONITORING
3.3. PRECISION
AQUACULTURE
3.4. SMART
GREENHOUSE
4. MIDDLE
EAST AND AFRICA SMART AGRICULTURE MARKET OUTLOOK – BY COMPONENT
4.1. SOLUTION
4.1.1. HARDWARE
4.1.1.1. HVAC
SYSTEMS
4.1.1.2. LED
GROW LIGHTS
4.1.1.3. VALVES
& PUMPS
4.1.1.4. SENSORS
& CONTROL SYSTEMS
4.1.1.5. OTHER
HARDWARE
4.1.2. SOFTWARE
4.1.2.1. NETWORK
MANAGEMENT
4.1.2.2. AGRICULTURE
ASSET MANAGEMENT
4.1.2.3. SMART
WATER MANAGEMENT
4.1.2.4. IRRIGATION
MANAGEMENT
4.2. SERVICE
4.2.1. CONSULTING
4.2.2. SYSTEM
INTEGRATION & DEPLOYMENT
4.2.3. SUPPORT
& MAINTENANCE
4.3. CONNECTIVITY
TECHNOLOGY
4.3.1. CELLULAR
IOT
4.3.2. LORA
4.3.3. NB-IOT
4.3.4. GLOBAL
NAVIGATION SATELLITE SYSTEMS
4.3.5. WI-FI
4.3.6. SIGFOX
4.3.7. WIRELINE
4.3.8. WIRELESS
PERSONAL AREA NETWORK (WPAN)
4.3.9. OTHER
CONNECTIVITY TECHNOLOGIES
5. MIDDLE
EAST AND AFRICA SMART AGRICULTURE MARKET – COUNTRY OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. ISRAEL
5.3. SAUDI
ARABIA
5.4. TURKEY
5.5. SOUTH
AFRICA
5.6. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. AGCO
CORPORATION
6.2. AFIMILK
LTD
6.3. AKVA
6.4. AGEAGLE
AERIAL SYSTEMS INC
6.5. DEERE
& COMPANY
6.6. THE
CLIMATE CORPORATION (BAYER AG)
6.7. DELAVAL
6.8. TRIMBLE
INC
6.9. RAVEN
INDUSTRIES
6.10. LUMIGROW
INC
6.11. TOPCON
POSITIONING SYSTEMS INC
6.12. AGJUNCTION
6.13. INNOVASEA
SYSTEMS INC
6.14. MSD
ANIMAL HEALTH (MERCK & CO)
6.15. SEMIOSBIO
TECHNOLOGIES INC
6.16. AKER
TECHNOLOGIES INC
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 5: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $
MILLION)
TABLE 10: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: MARKET ATTRACTIVENESS
INDEX
FIGURE 2: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 3: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY PRECISION FARMING, 2022-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY LIVESTOCK MONITORING, 2022-2028 (IN $
MILLION)
FIGURE 5: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY PRECISION AQUACULTURE, 2022-2028 (IN $
MILLION)
FIGURE 6: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 10: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 12: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY HVAC SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY LED GROW LIGHTS, 2022-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY VALVES & PUMPS, 2022-2028 (IN $
MILLION)
FIGURE 15: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SENSORS & CONTROL SYSTEMS, 2022-2028
(IN $ MILLION)
FIGURE 16: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY OTHER HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2021 & 2028 (IN %)
FIGURE 19: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY NETWORK MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 20: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY AGRICULTURE ASSET MANAGEMENT, 2022-2028 (IN
$ MILLION)
FIGURE 21: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SMART WATER MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 22: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY IRRIGATION MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 23: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 24: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 25: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY CONSULTING, 2022-2028 (IN $ MILLION)
FIGURE 26: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SYSTEM INTEGRATION & DEPLOYMENT, 2022-2028
(IN $ MILLION)
FIGURE 27: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SUPPORT & MAINTENANCE, 2022-2028 (IN $
MILLION)
FIGURE 28: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $
MILLION)
FIGURE 29: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2021 & 2028
(IN %)
FIGURE 30: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY CELLULAR IOT, 2022-2028 (IN $ MILLION)
FIGURE 31: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY LORA, 2022-2028 (IN $ MILLION)
FIGURE 32: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY NB-IOT, 2022-2028 (IN $ MILLION)
FIGURE 33: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY GLOBAL NAVIGATION SATELLITE SYSTEMS,
2022-2028 (IN $ MILLION)
FIGURE 34: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY WI-FI, 2022-2028 (IN $ MILLION)
FIGURE 35: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 36: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY WIRELINE, 2022-2028 (IN $ MILLION)
FIGURE 37: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY WIRELESS PERSONAL AREA NETWORK (WPAN),
2022-2028 (IN $ MILLION)
FIGURE 38: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, BY OTHER CONNECTIVITY TECHNOLOGIES, 2022-2028
(IN $ MILLION)
FIGURE 39: MIDDLE EAST AND
AFRICA SMART AGRICULTURE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: UNITED ARAB
EMIRATES SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: ISRAEL SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: SAUDI ARABIA SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: TURKEY SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: SOUTH AFRICA SMART
AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: REST OF MIDDLE EAST
& AFRICA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)