China Smart Agriculture Market Size & Outlook, 2023-2030
China smart agriculture market, 2018-2030 (US$M)
Related Markets
China smart agriculture market highlights
- The China smart agriculture market generated a revenue of USD 578.1 million in 2023 and is expected to reach USD 1,792.0 million by 2030.
- The China market is expected to grow at a CAGR of 17.5% from 2024 to 2030.
- In terms of segment, precision farming was the largest revenue generating agriculture type in 2023.
- Smart greenhouse 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 578.1 million |
| Market revenue in 2030 | USD 1,792.0 million |
| Growth rate | 17.5% (CAGR from 2023 to 2030) |
| Largest segment | Precision farming |
| Fastest growing segment | Smart greenhouse |
| 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, China accounted for 2.6% 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 Asia Pacific, Australia smart agriculture market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,792.0 million by 2030.
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Smart Agriculture Market Scope
Smart Agriculture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 46.9% in 2023. Horizon Databook has segmented the China smart agriculture market based on precision farming, livestock monitoring, smart greenhouse covering the revenue growth of each sub-segment from 2018 to 2030.
- China Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Livestock monitoring
- Smart greenhouse
- Others
- China 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
- China 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 China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China smart agriculture market , including forecasts for subscribers. This country databook contains high-level insights into China smart agriculture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China smart agriculture market size, by agriculture type, 2018-2030 (US$M)
China Smart Agriculture Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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