The Europe Artificial Intelligence in Agriculture Market would 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 intelligence in 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.
Free Valuable Insights: The Worldwide Artificial Intelligence in Agriculture Market is Projected to reach USD 4.9 Billion by 2028, at a CAGR of 24.1%
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
Market Segments Covered in the Report:
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)
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 Methodology for the research
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 KBV 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
TABLE 1 Europe Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 2 Europe Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Artificial Intelligence in Agriculture Market
TABLE 4 Product Launches And Product Expansions– Artificial Intelligence in Agriculture Market
TABLE 5 Acquisition and Mergers– Artificial Intelligence in Agriculture Market
TABLE 6 Geographical and Business Expansion – Artificial Intelligence in Agriculture Market
TABLE 7 Europe Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 8 Europe Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 9 Europe Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Predictive Analytics Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Predictive Analytics Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 16 Europe Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 17 Europe Drone Analytics Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Drone Analytics Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Precision Farming Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Precision Farming Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Agricultural Robots Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Agricultural Robots Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Labor Management Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Labor Management Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Livestock Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Livestock Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 30 Europe Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 31 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe AI-as-a-Service Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe AI-as-a-Service Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Service Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Service Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Artificial Intelligence in Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Artificial Intelligence in Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 41 Germany Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 42 Germany Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 43 Germany Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 44 Germany Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 45 Germany Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 46 Germany Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 47 Germany Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 48 Germany Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 49 UK Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 50 UK Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 51 UK Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 52 UK Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 53 UK Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 54 UK Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 55 UK Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 56 UK Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 57 France Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 58 France Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 59 France Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 60 France Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 61 France Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 62 France Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 63 France Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 64 France Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 65 Russia Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 66 Russia Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 67 Russia Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 68 Russia Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 69 Russia Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 70 Russia Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 71 Russia Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 72 Russia Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 73 Spain Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 74 Spain Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 75 Spain Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 76 Spain Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 77 Spain Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 78 Spain Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 79 Spain Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 80 Spain Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 81 Italy Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 82 Italy Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 83 Italy Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 84 Italy Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 85 Italy Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 86 Italy Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 87 Italy Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 88 Italy Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 97 Key Information – Deere & Company
TABLE 98 Key information – IBM Corporation
TABLE 99 key information – Microsoft Corporation
TABLE 100 Key Information – Climate LLC
TABLE 101 Key Information – Farmers Edge Inc
TABLE 102 Key Information – AgEagle Aerial Systems, Inc.
TABLE 103 Key Information – Prospera Technologies, Inc.
TABLE 104 Key Information – A.A.A Taranis Visual Ltd.
TABLE 105 Key Information – CropIn Technology Solutions Private Limited
TABLE 106 Key Information – Corteva, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: Deere & Company
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Farmers Edge Inc
FIG 10 Recent strategies and developments: A.A.A Taranis Visual Ltd.