Why Are smart Sensors Biggest AI in Agriculture Market Trend?

Posted by Devanshu Shrivastava on January 4th, 2021

Due to the increasing demand for food crops, the AI in agriculture market is witnessing rapid growth. As per the United Nations (UN), the global population is set to rise from 7.7 billion in 2019 to 10.9 billion in 2100, thereby propelling the demand for a wide array of crops. Apart from this, the rapid urbanization, rising disposable income, and changing consumption habits in India, China, Brazil, and the U.S. are driving the food demand. This is why the government in these countries is collaborating with tech giants to facilitate the adoption of AI in agricultural practices.

The key trend in the AI in agriculture market is the usage of smart sensors by farmers. Sensors allow farmers to monitor the growth of crops deeply and obtain the maximum yield, while using as less seeds, water, and other resources as possible. With sensors, the agrarian community can study the farmlands and pinpoint the areas that need crop treatment. With time, an array of sensors, such as optical, location, mechanical, electrochemical, soil moisture, airflow, and weather sensors, have become available for agricultural use.

North America was the largest AI in agriculture market during the historical period as a result of the earlier adoption of computer vision and ML for precision farming, livestock management, soil management, and greenhouse management than elsewhere on earth. The fastest industry growth will be seen in Asia-Pacific (APAC) till 2030 due to the high usage of agricultural robots, drone analytics, and precision farming in China, India, Thailand, and Indonesia. In addition, the rapid urbanization and rise in population are leading to the need for advanced technologies to augment crop production.

Hence, with the growing population leading to the increasing demand for food, the usage of AI in farmlands will rise. This market research report provides a comprehensive overview of the AI in agriculture market

• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential
• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings