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Smart Plantation Management Systems

Smart Plantation Management Systems Market is Prospering Owing to the High Adoption of Plantation Intelligence in the Agriculture

The global Smart Plantation Management Systems Market is expected to exceed the market valuation of more than US$ xx million by 2027 expanding at a reasonable CAGR of xx% during the forecast period (2021-2027). Smart plantation management systems monitor the crop’s health, temperature, soil moisture, and light intensity. For instance, smart irrigation control systems help in the regulation of the water supply based on data collected by its soil moisture sensors

The demand for Smart Plantation Management Systems is increasing on account of the rise in the adoption of plantation intelligence (PI) and data mining by farmers and the decline in the wastage of resources and manpower. In addition, the rising adoption of IoT technology, cloud computing, agricultural sensors, machine learning, and smart irrigation systems in the agriculture sector is expected to create a favorable environment for the smart plantation management systems industry. Moreover, the rising number of smart plantation management systems interconnected through the internet and the cloud platform is booming the market growth. Also, the allotment of subsidiaries to farmers implementing smart farming techniques and the rising awareness about these systems is expected to positively impact the market in the forecast period. Furthermore, the high adoption of 3D laser scanning, hyper-spectral imaging, and drone-based imaging sensors interconnected through cloud platforms are anticipated to result in higher penetration of plantation intelligence.

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Based on Type, the market is fragmented into Irrigation Systems, Plant Growth Monitoring Systems, and Harvesting Systems. The Irrigation Systems segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period. Smart irrigation systems monitor as well as control the water scheduling for plantation crops based on data collected by sensors. Moreover, the use of smart irrigation systems decreases the amount of water needed for irrigation, causing the reduction of operation costs, particularly for large farmland. As per the tests by the International Center for Water Technology (California) and Irrigation Association (IA), smart irrigation systems save around 20% more water than traditional irrigation systems, hence driving its demand in the market.

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Based on Component, the market is fragmented into Hardware and Software. The hardware segment holds the largest share in 2020 and is expected to register the highest CAGR in the upcoming period. The hardware component consists of several sensors, GPS devices, controllers, displays, flow meters, switches, and solenoid. Sensors are installed either on the soil or on the plants to sense and collect real-time data, which is used to produce reports and maps to assist farmers in making decisions about their crops. Sensors used are soil, water, weather, moisture, wind intensity, and temperature are mainly used in crop production. Hence, advancement in software systems intensifies the growth of hardware components.

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For a better understanding of the market adoption of Smart Plantation Management Systems, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific will dominate the Smart Plantation Management Systems market on account of the favorable climatic conditions for plantation crops. Some of the major players operating in the market include Robert Bosch, Deere & Company, Netafim, Synelixis Solutions, DTN, AgroWebLab Co., Ltd, SemiosBio Technologies, WaterBit, and Phytech. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

Global Smart Plantation Management Systems Market Segmentation

Market Insight, by Type

  • Irrigation Systems
  • Plant Growth Monitoring Systems
  • Harvesting Systems

Market Insight, by Crop

  • Coffee
  • Oilseeds
  • Sugarcane
  • Cotton
  • Fruits
  • Others (cocoa, coconuts, areca nuts, and tea)

Market Insight, by Component

  • Hardware
  • Software

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Robert Bosch
  • Deere & Company
  • Netafim
  • Synelixis Solutions
  • DTN
  • AgroWebLab Co., Ltd
  • SemiosBio Technologies
  • WaterBit
  • Phytech
  • Tevatronics

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