Artificial Intelligence
Global Precision Agriculture Markets, 2019-2020 & 2025: Focus on Solution, Technology, Crop Type, Application, Robots Type & Business Model, Drones Type & Application, Funding, Patents
Dublin, Nov. 03, 2020 (GLOBE NEWSWIRE) — The “Global Precision Agriculture Market: Focus on Solution, Technology, Crop Type, Application, Robots Type & Business Model, Drones Type & Application, Funding, Patents – Analysis and Forecast, 2019-2025” report has been added to ResearchAndMarkets.com’s offering.
The precision agriculture market is expected to reach $11,106.7 million by 2025, rising at a CAGR of 13.97% from 2019 to 2025.
The market growth is largely attributed to the growing need to adopt site-specific farming solutions to manage the raw materials and resources effectively. The added benefits of these advanced solutions are low labor costs, integration, and accessibility associated with precision agriculture, and these factors are also expected to be responsible for the reported growth of the market.
Precision agriculture is considered to be an advanced technological change in the farming sector, adapted to improve crop yield and reduce labor shortage to meet the global food demand. The advanced technology and techniques enable the farmers to optimize the usage of resources, such as fertilizers, seeds, water, and pesticides. The agriculture industry has been witnessing a revolutionary phase owing to the introduction of digital technologies in farming in the past decade.
The integration of software and hardware solution has led to the generation of a huge amount of data that can be analyzed using different tools providing farmers with valuable insights to promote yield growth. Also, the widespread adoption of drones and robots in the agriculture industry led to improving the different farming applications. As the advancement in the practice of precision agriculture drives the usage of advanced solutions, several challenges associated with the practice restricts its adoption.
The trend of precision agriculture practices is not only prevalent in developed countries but also in developing countries. In countries such as China and India, large deployments of smartphones and the internet of things systems have led to the rapid adoption of precision agriculture solutions. The government of different countries has also realized the importance and advantage of these advanced solutions, and thus, their initiatives to promote precision agriculture are expected to drive the growth of the market. Some of the popular use cases of precision agriculture include robotics, predictive analytics, unmanned aerial vehicle, and autonomous robots. As per the agriculture applications, spraying, monitoring, irrigation, and fertilization, among others, are where the advanced solutions have been successfully utilized.
The competitive landscape for the precision agriculture market demonstrates an inclination toward companies adopting strategies, such as product launch and development and partnerships, collaborations, and joint ventures. The major established players in the market are focusing on product launches and developments to introduce new technologies or developing further on the existing product portfolio.
For instance, in September 2019, Corteva Agriscience and Pro Farm technologies announced a commercial agreement to develop a tool for farmers to stimulate plant growth and to improve plant health. Similarly, in April 2019, Trimble announced the launch of Farmer Core which is a Trimble Ag software subscription that connects all farm operations.
This report is a meticulous compilation of research on more than 100 players in the precision agriculture ecosystem and draws upon insights from in-depth interviews with the key opinion leaders of more than 40 leading companies, market participants, and vendors. The report also profiles 30+ leading companies across the supply chain.
Key Topics Covered:
1 Market Dynamics
1.1 Overview
1.2 Impact Analysis
1.3 Market Drivers
1.3.1 Growing Demand of Crop Yield
1.3.2 Expanding Need for Climate Smart Farming
1.3.3 Rising Labor Shortage
1.4 Market Restraints
1.4.1 Lack of Technical Knowledge and Awareness
1.4.2 Complex Data Management and Data Privacy
1.5 Market Opportunities
1.5.1 Impact of 3D Printing on Farming
1.5.2 Blockchain For Agriculture
1.5.3 Artificial Intelligence in Agriculture
2 Competitive Insights
2.1 Key Strategies and Developments
2.1.1 Partnerships, Collaborations, and Joint Ventures
2.1.2 New Product Launches and Developments
2.1.3 Business Expansions and Contracts
2.1.4 Mergers and Acquisitions
2.1.5 Others(Awards and Recognition)
2.2 Competitive Benchmarking of Key Precision Agriculture Companies
3 Industry Analysis
3.1 Global Precision Agriculture Market Ecosystem
3.2 Supply Chain Analysis
3.3 Investment and Funding Landscape
3.3.1 Investment & Funding(by Product Offering)
3.3.2 Investment & Funding(by Funding Round)
3.4 Key Consortiums and Associations
3.4.1 Classification & Analysis of Key Consortiums and Associations (by Focus Area)
3.4.2 Classification & Analysis of Key Consortiums and Associations (by Function)
3.4.3 Key Consortiums & Associations: Their Role in Global Precision Agriculture Market
3.5 Patent Analysis
3.5.1 Patent Analysis (by Year)
3.5.2 Patent Analysis (by Key Companies)
3.5.2.1 Patent Analysis, (by Year)
3.5.2.2 Patent Analysis, (by Company)
3.5.2.3 Patent Analysis, (by Status)
3.5.2.4 Patent Analysis, (by Application)
3.5.2.5 Patent Analysis, (by Product Type)
3.5.3 Patent Analysis, (by Key Countries)
3.6 Assumptions & Limitations
4 Global Precision Agriculture Market, (by Solution), $Million
4.1 Assumptions and Limitations for Analysis and Forecast of the Global Precision Agriculture Market
4.2 Market Overview
4.3 Hardware
4.3.1 Automation and Control System
4.3.1.1 GPS/GNSS System
4.3.1.2 Guidance and Steering System
4.3.1.3 Flow and Application Rate Control Solutions
4.3.1.4 Handheld Computers/ Mobile devices
4.3.1.5 Agriculture Cameras
4.3.1.6 Others
4.3.2 Sensing and Monitoring
4.3.2.1 Yield Monitors
4.3.2.2 Sensing Systems
4.3.3 Other Hardware
4.4 Software & Platform
4.4.1 On-Cloud Software
4.4.2 On-Premise Software
4.4.3 Platform-as-a-Service(PaaS)
4.5 Support Services
4.5.1 Integration and Deployment
4.5.2 Maintenance and Repair
4.5.3 Other Services
5 Global Precision Agriculture Market, (by Technology)
5.1 Market Overview
5.2 Guidance Technology
5.3 Sensing Technology
5.4 Variable Rate Application Technology
5.5 Data Analytics and Intelligence
5.6 Others
6 Global Precision Agriculture Market, (by Application)
6.1 Market Overview
6.2 Precision Irrigation
6.3 Field Monitoring
6.4 Precision Spraying
6.5 Precision Fertilization
6.6 Precision Planting
6.7 Data Management
6.8 Other Applications
7 Global Precision Agriculture Market, (by Farm Produce)
7.1 Market Overview
7.2 Field Crops
7.2.1 Cereals
7.2.2 Oil Crops
7.2.3 Roots, Tuber, and Plantains
7.2.4 Industrial Crops
7.2.5 Others
7.3 Permanent Crops
7.3.1 Fruits
7.3.2 Vegetables
7.3.3 Nuts
7.3.4 Others
7.4 Other Farm Produce Types
8 Global Agriculture Drones Market, $Million
8.1 Market Overview
8.2 Global Agriculture Drones Market, (by Type)
8.2.1 Fixed Wing Drone
8.2.2 Multi-Rotor Drone
8.2.3 Single Rotor Drone
8.2.4 Hybrid VTOL Drone
8.3 Global Agriculture Drones Market,(by Application)
8.3.1 Soil and Field Mapping & Analysis
8.3.2 Field Inspection
8.3.3 Crop Health Assessment
8.3.4 Crop Spraying
8.3.5 Other Applications
9 Global Agriculture Robots Market, $Million
9.1 Market Overview
9.2 Global Agriculture Robots Market, (by Type)
9.2.1 Harvesting and Picking Robots
9.2.2 Weeding Robots
9.2.3 Autonomous Robot Tractors
9.2.4 Others
9.3 Global Agriculture Robots Market, (by Business Model)
9.3.1 Agriculture Robot-as-a-Product (ARaaP)
9.3.2 Agriculture Robot-as-a-Service (ARaaS)
10 Global Precision Agriculture Market, (by Region)
11 Company Profiles
Companies Mentioned
- 365FarmNet GmbH
- AGCO Corporation
- Abundant Robotics Inc.
- AeroVironment, Inc.
- Agrivi
- BASF SE
- CLAAS Group
- CNH Industrial N.V.
- Deepfield Robotics
- Deere & Company
- ecoRobotix Ltd.
- Granular Inc.
- Harvest Automation Inc.
- Harvest Croo Robotics
- Hexagon Agriculture
- IBM Corporation
- Kubota Corporation
- Microsoft Corporation
- Naio Technologies
- Parrot SA
- PrecisionHawk Inc.
- Raven Industries Inc.
- Robert Bosch GmbH
- Robotics Plus
- Teejet Technologies
- The Toro Company
- Topcon Corporation
- Trimble Inc.
- Valmont Industries, Inc.
- Yamaha Motor Co. Ltd.
- Yanmar Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/g49fhk
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence
Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform
SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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