Asia Pacific IoT in Agriculture Market Size study, by System by Farm Type, by Application and Country Forecasts 2022-2032

Description

List of Tables

Asia Pacific IoT in Agriculture Market is valued approximately USD 11.37 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 13.58% over the forecast period 2024-2032. The IoT in Agriculture includes connected devices such as sensors, actuators, and other IoT components to collect, monitor, and analyze data related to various aspects of farming and agricultural operations. Farmers in the Asia Pacific region are increasingly embracing smart farming practices to enhance crop yield and quality. IoT devices such as sensors, drones, and automated machinery enable farmers to monitor soil conditions, crop health, and weather patterns in real time, allowing for precise and timely interventions. Thus, the Asia Pacific IOT in Agriculture Market is anticipated for significant growth as farmers increasingly recognize the value of data-driven decision-making and technological innovation trends in modernizing their operations.

Government initiatives and support play a crucial role in driving demand for the Asia Pacific IoT in Agriculture Market. Several governments in the region are actively promoting the adoption of IoT technologies in agriculture through a variety of policies, missions, incentives, and funding programs across the region. For instance, in December 2022, the Department of Science & Technology (DST) announced that it had implemented a National Mission on Interdisciplinary Cyber Physical Systems (NM-ICPS). Under this Mission, it has planned 25 Technology Innovation Hubs (TIHs) in which 3 of these TIHs provide applications of Artificial Intelligence (AI) and Internet of Things (IoT) in Agriculture to develop an end-to-end solution for Agriculture Technology (Agri Tech) to predict crop production in the season and EAgriS, IoT-based platform, developed for this purpose. These initiatives are aimed at modernizing agricultural practices, improving food security, and enhancing rural livelihoods. However, limited internet connectivity and a lack of technical skills & awareness among farmers can stifle market growth between 2022 and 2032.

The key Countries considered for the Asia Pacific IoT in Agriculture market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market. The Chinese government actively promoting the adoption of IoT technologies in agriculture as part of its broader strategy to modernize the agricultural sector. For instance, in August 2022, Chinese Academy of Agricultural Sciences (CAAS) introduced a campaign to increase technological and scientific modernizations in agricultural equipment and machinery. Also, there is rising internet penetration rate in both rural and urban areas, which further help in Chinese farmers with better data analysis in Agriculture. For instance, one of the villages in East China's Shandong Province Chailixi village's farmers switched to smart agriculture with only using smartphone, the farmers in the region can monitor air temperature and carbon dioxide levels in greenhouses in real-time, and remotely contact experts for guidance, it can enhance agricultural production proficiency and vitalizing the nation's rural development. The market in India, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:

Hitachi, Ltd
eFishery, Inc
UMITRON
Jala Group Co Ltd
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By System

Automation and control systems
Sensing and monitoring devices
Livestock monitoring Hardware
Fish farming hardware
Smart greenhouse hardware
Software

By Farm Type

Large
Mid Size
Small Farms

By Application

Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring

By Region:

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Asia Pacific IoT in Agriculture Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Asia Pacific IoT in Agriculture Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By System
- 2.3.2. By Farm Type
- 2.3.3. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Asia Pacific IoT in Agriculture Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Asia Pacific IoT in Agriculture Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Asia Pacific IoT in Agriculture Market Size & Forecasts by System 2022-2032

5.1. Automation and control systems
5.2. Sensing and monitoring devices
5.3. Livestock monitoring Hardware
5.4. Fish farming hardware
5.5. Smart greenhouse hardware
5.6. Software

Chapter 6. Asia Pacific IoT in Agriculture Market Size & Forecasts by Farm Type 2022-2032

6.1. Large
6.2. Mid Size
6.3. Small Farms

Chapter 7. Asia Pacific IoT in Agriculture Market Size & Forecasts by Application 2022-2032

7.1. Precision farming
7.2. Livestock monitoring
7.3. Smart greenhouse
7.4. Fish farm monitoring

Chapter 8. Asia Pacific IoT in Agriculture Market Size & Forecasts by Country 2022-2032

8.1. China IoT in Agriculture Market
- 8.1.1. System breakdown size & forecasts, 2022-2032
- 8.1.2. Farm Type breakdown size & forecasts, 2022-2032
- 8.1.3. Application breakdown size & forecasts, 2022-2032
8.2. India IoT in Agriculture Market
8.3. Japan IoT in Agriculture Market
8.4. Australia IoT in Agriculture Market
8.5. South Korea IoT in Agriculture Market
8.6. Rest of Asia Pacific IoT in Agriculture Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Hitachi, Ltd
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. eFishery, Inc
- 9.3.3. UMITRON
- 9.3.4. Jala Group Co Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific IoT in Agriculture market, report scope
TABLE 2. Asia Pacific IoT in Agriculture market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Asia Pacific IoT in Agriculture market estimates & forecasts by System 2022-2032 (USD Billion)
TABLE 4. Asia Pacific IoT in Agriculture market estimates & forecasts by Farm Type 2022-2032 (USD Billion)
TABLE 5. Asia Pacific IoT in Agriculture market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Asia Pacific IoT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Asia Pacific IoT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Asia Pacific IoT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Asia Pacific IoT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Asia Pacific IoT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Asia Pacific IoT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Asia Pacific IoT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Asia Pacific IoT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Asia Pacific IoT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Asia Pacific IoT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. China IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. China IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. China IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. India IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. India IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. India IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. Japan IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. Japan IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Japan IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Australia IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Australia IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Australia IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. South Korea IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. South Korea IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. South Korea IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. RoAPAC IoT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. RoAPAC IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. RoAPAC IoT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. List of secondary sources, used in the study of Asia Pacific IoT in Agriculture Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific IoT in Agriculture Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.

LIST OF FIGURES

FIG 1. Asia Pacific IoT in Agriculture market, research methodology
FIG 2. Asia Pacific IoT in Agriculture market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific IoT in Agriculture market, key trends 2023
FIG 5. Asia Pacific IoT in Agriculture market, growth prospects 2022-2032
FIG 6. Asia Pacific IoT in Agriculture market, porters 5 force model
FIG 7. Asia Pacific IoT in Agriculture market, pestel analysis
FIG 8. Asia Pacific IoT in Agriculture market, value chain analysis
FIG 9. Asia Pacific IoT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 10. Asia Pacific IoT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific IoT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 12. Asia Pacific IoT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 13. Asia Pacific IoT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 14. Asia Pacific IoT in Agriculture market, Country snapshot 2022 & 2032
FIG 15. Asia pacific IoT in Agriculture market 2022 & 2032 (USD Billion)
FIG 16. Asia Pacific IoT in Agriculture market, company market share analysis (2023)