market trends

Development of AI in agriculture in applications such as drone analytics, precision farming, and agriculture robots are expected to create growth opportunities for the market. - Photo: Canva

20-03 | News

AI in agriculture market worth $4.7 billion in 2028

Crop sensing in a vineyard in Sauternes, France. Optical sensors measure variability across the crop and alters water, fertiliser and pesticide application accordingly. - Photo: ANP/Jean Bernard Nadeau

27-02 | News

Crop monitoring market to grow to USD 4.4 billion by 2025

A Thai farmer checks his DJI agricultural drone in Roi Et, Thailand. China-made agricultural drones are increasingly being used over grainfields in southeast Asia. - Photo: Xinhua/Wang Teng

15-02 | News

Agricultural drones market to hit revenue of US$ 14,237.6 million by 2033

High crop prices are giving farmers around the world cause for cautious optimism and encourage them to invest in agtech. Western countries are leading ag tech adoption, with farm management software being the top technology followed by precision agriculture hardware. - Photo: Canva

28-12-2022 | News

McKinsey: High crop prices encourage farmers to invest in agtech

Yield monitoring technology will continue to be the biggest contributor to the growth of the precision ag market.

20-09-2022 | News

Yield monitoring technology to dominate precision ag market

The precision farming market across Europe is to contribute a quarter of the fast growing global precision farming market revenue. Photo: Canva

14-09-2022 | News

Precision farming market across Europe to contribute a quarter of global market revenue

Photo: Canva

30-08-2022 | Article

Precision harvesting market to grow to USD 22.4 billion by 2027

A agricultural robot of the type "Field Swarm Unit 2", which can weed and cultivate soil, is being demonstrated in Germany. - Photo: ANP/Sebastian Willnow

27-06-2022 | Article

IDTechEx: Market for agricultural robots to grow quickly in coming decade

Photo: Canva

23-06-2022 | News

Fact.MR values precision farming market at US$ 20.36 billion by 2032

Agricultural robots market size to reach USD 99.30 billion in 2030

16-05-2022 | Article

Agricultural robots market size to reach USD 99.30 billion in 2030