Canada Smart Agriculture Market Size & Outlook, 2023-2030
The smart agriculture market in Canada is expected to reach a projected revenue of US$ 8,821.4 million by 2030. A compound annual growth rate of 14.6% is expected of Canada smart agriculture market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,392.0
Forecast, 2030 (US$M)
$8,821.4
CAGR, 2024 - 2030
14.6%
Report Coverage
Canada
Canada smart agriculture market, 2018-2030 (US$M)
Related Markets
Canada smart agriculture market highlights
- The Canada smart agriculture market generated a revenue of USD 3,392.0 million in 2023 and is expected to reach USD 8,821.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, precision farming was the largest revenue generating agriculture type in 2023.
- Livestock monitoring is the most lucrative agriculture type segment registering the fastest growth during the forecast period.
Smart agriculture market data book summary
| Market revenue in 2023 | USD 3,392.0 million |
| Market revenue in 2030 | USD 8,821.4 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Precision farming |
| Fastest growing segment | Livestock monitoring |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Precision farming, Livestock monitoring, Smart greenhouse |
| Key market players worldwide | AGCO Corp, AgEagle Aerial Systems Inc, Argus Worldwide Corp, CropX, Deere & Co, Alfa Laval AB, AgriFORCE Growing Systems Ltd, Gamma Communications PLC, GEA Group AG, Trimble Inc, Topcon Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 15.0% of the global smart agriculture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. smart agriculture market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 8,821.4 million by 2030.
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Smart Agriculture Market Scope
Smart agriculture market segmentation & scope
Drones
Application control devices
GPS
GIS
Hand held
Satellite sensing
Driverless tractors
Mobile devices
Map-based
Sensor-based
Bluetooth technology
Wi-Fi technology
Zigbee
RF technology
Milking robots
Nutrient sensor
Moisture sensor
Temperature sensor
Water sensors
Climate sensors
Others
HVAC system
LED grow light
RFID tags & readers
Web-based
Cloud based
System integration & consulting
Maintenance & support
Data servcies
Analytic services
Farm operation services
Supply chain management services
Climate information services
On-Farm
Off-Farm
Field mapping
Crop scouting
Weather tracking & forecasting
Irrigation management
Inventory management
Farm labor management
Milk harvesting
breeding management
Feeding management
Animal comfort management
Others
Water & fertilizer management
HVAC management
Yield monitoring
Others
Others
Smart Agriculture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada smart agriculture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart agriculture market will help companies and investors design strategic landscapes.
Precision farming was the largest segment with a revenue share of 45.23% in 2023. Horizon Databook has segmented the Canada smart agriculture market based on precision farming, livestock monitoring, smart greenhouse covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Livestock monitoring
- Smart greenhouse
- Others
- Canada Smart Agriculture Offering Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Automation & control system
- Drones
- Application control devices
- Guidance system
- GPS
- GIS
- Remote sensing
- Hand held
- Satellite sensing
- Driverless tractors
- Mobile devices
- VRT
- Map-based
- Sensor-based
- Wireless module
- Bluetooth technology
- Wi-Fi technology
- Zigbee
- RF technology
- Milking robots
- Sensing devices
- Soil sensors
- Nutrient sensor
- Moisture sensor
- Temperature sensor
- Water sensors
- Climate sensors
- Others
- Soil sensors
- HVAC system
- LED grow light
- RFID tags & readers
- Automation & control system
- Software
- Web-based
- Cloud based
- Services
- System integration & consulting
- Maintenance & support
- Managed services
- Data servcies
- Analytic services
- Farm operation services
- Assisted professional servcies
- Supply chain management services
- Climate information services
- Hardware
- Canada Smart Agriculture Application Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Yield monitoring
- On-Farm
- Off-Farm
- Field mapping
- Crop scouting
- Weather tracking & forecasting
- Irrigation management
- Inventory management
- Farm labor management
- Yield monitoring
- Livestock monitoring
- Milk harvesting
- breeding management
- Feeding management
- Animal comfort management
- Others
- Smart greenhouse
- Water & fertilizer management
- HVAC management
- Yield monitoring
- Others
- Others
- Precision farming
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Target buyers of Canada smart agriculture market databook
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Our clientele includes a mix of smart agriculture market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart agriculture market , including forecasts for subscribers. This country databook contains high-level insights into Canada smart agriculture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada smart agriculture market size, by agriculture type, 2018-2030 (US$M)
Canada Smart Agriculture Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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