Smart Plantation Management System Market | Global Industry Share

Global Smart Plantation Management System Market Overview

Smart Plantation Management System Market Size Was Valued at USD 1.79 Billion in 2023, and is Projected to Reach USD 2.35 Billion by 2032, Growing at a CAGR of 5.2% From 2024-2032.

The smart plantation management system is an intelligent system based on the information collected by the sensors. A smart plantation system is the incorporation of information and communication technologies into machinery equipment and sensors in the agricultural production system. It includes temperature, humidity, soil moisture, soil temperature in the farm or greenhouse using wireless or weird transmission to send the information to the convertor through the sensor and connected to the computer system. The application of the management system will effectively and systematically manage the farm, greenhouse with monitoring methods. Moreover, farmers globally are increasingly adopting plantation systems which will increase the market growth during the forecast period. For instance, according to agricultural robotics laboratory (ARL) report, it has been reported that around 10% to 15% of US farmers are using smart farming solutions across the 1200 million ha and on 250000 farms, which is expected to increase agricultural productivity over the forecast period.

Market Dynamics and Factor for The Smart Plantation Management System Market:

Drivers:

Increase in the adoption of data mining and smart plantation system by the farmers which is growth driver preeminent to connect crops, agricultural production tools, and farmers. The smart plantation management system market is influenced by the irrigation system segment due to the greater adoption and application of systems in wide varieties of the plantation. For instance, drip irrigation technology is currently one of the commonly used techniques for cultivation but an automatic frequency conversion irrigation system uses to automatically start and stops the pump owing to the market growth during the forecast period.

Furthermore, reduction in wastage of resources and manpower reduces the cost of cultivation of farmers is one of the driving factors that stimulate the market growth during the projected period. Government initiatives in the form of schemes support the farmers to implement the advanced technologies and plantation management system which is the dominant driver for agriculture. For instance, in India, the Asia Pacific region government scheme "Pradhan Mantri Krishi Sinchayee Yojana" (PMKSY) supports the farmers to invest in the irrigation sector at the field level. Moreover, the rising adoption of new technologies such as the 3NV nozzle system, pivot control panel, soil moisture sensors, and remote sensing technology in irrigation systems will enhance the market growth near future period. For Instance, In January 2018, WaterBit (US) launched a pressure sensor that would ensure that water is delivered in the right amount. It is an important component of the company's cloud-based solutions.

Restraints:

High capital investment in the deployment of the smart plantation, data aggregation, and lack of awareness associated with smart plantation management systems are hampering the market growth over the forecast period.

Market Segmentation

Based on the Type, the irrigation systems held the maximum market share of the smart plantation management systems market in 2020 and are probably to lead the market over the forecast period. Smart irrigation systems control the process of water flow for planting crops based on the accessible data received by sensors. Furthermore, smart irrigation systems also support minimizing the amount of water required for irrigation of plants, which results in the declined operational cost, particularly in the case of large farmland. One of the key factors that are turning the demand for smart irrigation systems in the market is its saving of 20% more water than the traditional irrigation systems.

Based on the Crop Type, the fruit segment registered for the largest share of the market and is anticipated to remain dominant over the forecast period, as fruits seem to be the main crop for using smart plantation management systems. There are a large number of players that provide smart plantation management systems for fruits and various technologies designed for various kinds of fruits. Fruits such as grapes, apples, and citrus fruits are the major ones having higher utilization in the implementation of smart plantation management systems.

Based on the Component Type, the hardware segment is anticipated to be the dominant segment of the market over the projected period. It includes various components such as sensors, displays, flow meters, GPS devices, and switches, among others. Application of sensors is done on the plants and soil which sense and collect real-time data, which creates reports and maps supplying assistance to the farmers for making better decisions about their crops. Sensors such as water, soil, moisture, weather, wind intensity, and temperature sensors are the main used for plantation crops. The advanced technologies in a software system are turning the growth of hardware components in the market.

Players Covered in Smart Plantation Management System market are :

• Agroweblab Co, Ltd (China)
• Deere and Company (US)
• Netafim Ltd (Israel)
• Phytech, Ltd (Israel)
• Rivulis Irrigation Ltd (Israel)
• Robert Bosch GmbH (Germany)
• Semiosbio Technologies (Canada)
• Synelixis Solutions (Greece)
• Tevatronics (Israel)
• WaterBit Inc (US)
• Jain Irrigation Systems (India)
• AquaSpy (US)
• DTN (US) and other Major Players.

Regional Analysis for Smart Plantation Management System Market:

• Geographically, the smart plantation management system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
• The Asia Pacific detained the largest share in the global smart plantation systems market owing to the favorable climate all over the year. The increasing support from the government to promote the smart plantation management system in farming is contributing significantly to regional growth in the global market. The region has a great capability due to its maximum cultivation of plantation crops, such as tea, cotton, and sugarcane. The distribution of smart plantation management systems in APAC is still in its sprouting stage and is approximate to grow firmly, which in turn, will enhance the crop yield with the improved application of resources for plantation crops. China recorded for the major share of the market due to the existence of large cultivation area, specified majorly for sugarcane, tea, and various types of fruits.
• North America is the developed region in the global market due to the presence of key players in the region. The growing technological developments in the region also fueled the regional market growth.
• European countries adopting various innovative technologies in the agriculture sector including smart plantation management systems which boost the sustainability of the European agriculture sector and are expected to grow during the projected period.
• The Middle East and African countries do not have much investment which is required for advanced technologies. The technology could cost a fortune, and it requires abundant knowledge in this industry to use advanced technology and is expected to grow over the future period.
• In Latin America, the market is approximated to witness significant growth during the projected period. The growth of the region can be attributed to the presence of a substantial number of integrators to customize and promote agriculture technology.

COVID-19 Impact on Smart Plantation Management System Market:

The global COVID-19 outbreak has influenced all sectors over the globe, the smart plantation management system market is no exception. During the COVID-19 pandemic, the supply chain of the agriculture industry has interrupted, flight cancellations, travel bans and quarantines, restaurants and hotels closed, all indoor/outdoor events restricted, over forty countries state of emergency declared, huge slowing of the supply chain, stock market volatility, declining business confidence, rising panic among the population, and uncertainty about future. Furthermore, companies are focusing on new strategies to develop more convenient tools to cater to the demand for food. Thus, the smart plantation management system industry is acting a critical role to offer to the unprecedented situation caused by the COVID-19 outbreak by supplying predictive analytics and insightful outputs to aid efficient crop growth and animal health.

Key Industry Development of Smart Plantation Management System Market:

• In Oct 2024, The International Maize and Wheat Improvement Center (CIMMYT) expanded its climate-smart agricultural interventions in Southern Africa to address the challenges posed by climate change. The initiative focuses on enhancing maize and wheat production through sustainable practices, drought-resistant varieties, and improved soil health. This expansion aims to boost food security, support farmers, and strengthen resilience against climate-related disruptions across the region.
• In Aug 2024, The Prime Minister launched the Monsoon Tree Plantation Drive, aiming to enhance environmental conservation across the country. The initiative focuses on planting millions of trees during the monsoon season to combat deforestation, reduce carbon footprints, and promote biodiversity. The drive encourages active participation from citizens, schools, and local communities, reinforcing the importance of sustainability and a green future for the nation.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Crop Type
 3.3 By Component

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Smart Plantation Management System Market by Type
 5.1 Smart Plantation Management System Market Overview Snapshot and Growth Engine
 5.2 Smart Plantation Management System Market Overview
 5.3 Irrigation Systems
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Irrigation Systems: Grographic Segmentation
 5.4 Plant Growth Monitoring Systems
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Plant Growth Monitoring Systems: Grographic Segmentation
 5.5 Harvesting Systems
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Harvesting Systems: Grographic Segmentation

Chapter 6: Smart Plantation Management System Market by Crop Type
 6.1 Smart Plantation Management System Market Overview Snapshot and Growth Engine
 6.2 Smart Plantation Management System Market Overview
 6.3 Coffee
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Coffee: Grographic Segmentation
 6.4 Oilseeds
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Oilseeds: Grographic Segmentation
 6.5 Sugarcane
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Sugarcane: Grographic Segmentation
 6.6 Fruits
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Fruits: Grographic Segmentation
 6.7 Cotton
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Cotton: Grographic Segmentation

Chapter 7: Smart Plantation Management System Market by Component
 7.1 Smart Plantation Management System Market Overview Snapshot and Growth Engine
 7.2 Smart Plantation Management System Market Overview
 7.3 Hardware
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Hardware: Grographic Segmentation
 7.4 Software
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Software: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Smart Plantation Management System Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Smart Plantation Management System Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Smart Plantation Management System Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 AGROWEBLAB CO. LTD
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 DEERE AND COMPANY
 8.4 NETAFIM LTD
 8.5 PHYTECH LTD
 8.6 RIVULIS IRRIGATION LTD
 8.7 ROBERT BOSCH GMBH
 8.8 SEMIOSBIO TECHNOLOGIES
 8.9 SYNELIXIS SOLUTIONS
 8.10 TEVATRONICS
 8.11 WATERBIT INC
 8.12 JAIN IRRIGATION SYSTEMS
 8.13 AQUASPY
 8.14 DTN
 8.15 OTHER MAJOR PLAYERS

Chapter 9: Global Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Type
  9.2.1 Irrigation Systems
  9.2.2 Plant Growth Monitoring Systems
  9.2.3 Harvesting Systems
 9.3 Historic and Forecasted Market Size By Crop Type
  9.3.1 Coffee
  9.3.2 Oilseeds
  9.3.3 Sugarcane
  9.3.4 Fruits
  9.3.5 Cotton
 9.4 Historic and Forecasted Market Size By Component
  9.4.1 Hardware
  9.4.2 Software

Chapter 10: North America Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Irrigation Systems
  10.4.2 Plant Growth Monitoring Systems
  10.4.3 Harvesting Systems
 10.5 Historic and Forecasted Market Size By Crop Type
  10.5.1 Coffee
  10.5.2 Oilseeds
  10.5.3 Sugarcane
  10.5.4 Fruits
  10.5.5 Cotton
 10.6 Historic and Forecasted Market Size By Component
  10.6.1 Hardware
  10.6.2 Software
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Irrigation Systems
  11.4.2 Plant Growth Monitoring Systems
  11.4.3 Harvesting Systems
 11.5 Historic and Forecasted Market Size By Crop Type
  11.5.1 Coffee
  11.5.2 Oilseeds
  11.5.3 Sugarcane
  11.5.4 Fruits
  11.5.5 Cotton
 11.6 Historic and Forecasted Market Size By Component
  11.6.1 Hardware
  11.6.2 Software
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Irrigation Systems
  12.4.2 Plant Growth Monitoring Systems
  12.4.3 Harvesting Systems
 12.5 Historic and Forecasted Market Size By Crop Type
  12.5.1 Coffee
  12.5.2 Oilseeds
  12.5.3 Sugarcane
  12.5.4 Fruits
  12.5.5 Cotton
 12.6 Historic and Forecasted Market Size By Component
  12.6.1 Hardware
  12.6.2 Software
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Irrigation Systems
  13.4.2 Plant Growth Monitoring Systems
  13.4.3 Harvesting Systems
 13.5 Historic and Forecasted Market Size By Crop Type
  13.5.1 Coffee
  13.5.2 Oilseeds
  13.5.3 Sugarcane
  13.5.4 Fruits
  13.5.5 Cotton
 13.6 Historic and Forecasted Market Size By Component
  13.6.1 Hardware
  13.6.2 Software
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Smart Plantation Management System Market Analysis, Insights and Forecast, 2017-2032
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Irrigation Systems
  14.4.2 Plant Growth Monitoring Systems
  14.4.3 Harvesting Systems
 14.5 Historic and Forecasted Market Size By Crop Type
  14.5.1 Coffee
  14.5.2 Oilseeds
  14.5.3 Sugarcane
  14.5.4 Fruits
  14.5.5 Cotton
 14.6 Historic and Forecasted Market Size By Component
  14.6.1 Hardware
  14.6.2 Software
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion