The farm equipment market size ranges from $170 billion to $175 billion and is forecast to grow at a global CAGR of around 6% going through 2025.
The global aquaponics market size is valued at $580 million - $630 million as of 2018, as per the findings of this business intelligence report.
Precision farming uses technological advancements in various fields such as data management, geo-location tracking and so on, to enhance productivity.
Vertical farming allows Small and Medium Scale enterprises to deliver their products confidently as it reduce the spoilage and cost effective thatâ€™s predicts to strengthen the future of vertical farming and its dominance through the forecast period 2018-2023.
The drip irrigation systems market is anticipated to see extraordinary development in the coming future owing to its increasing awareness amongst the growers on the economic benefits of these systems.
The global hydroponics market was valued at $293.12m in 2018 and is projected to grow at a healthy compound annual growth rate (CAGR) of 16.45% during the forecast period 2019-2025.
Emission devices deliver water in three different methods namely drip, bubbler and micro-sprinkler depending on how the emitters are placed in the plastic polyethylene distribution line.
The demand for agricultural drones is estimated to observe a rise in the cultivation sector with a healthy compound annual growth rate of 8.20% during the forecast period of 2019 to 2025.