Germany AI in Agriculture Market Share, Size, Growth and Forecast 2027
Germany's AI in Agriculture Market is projected to grow at a robust CAGR during 2022-2027. The major factor contributing to the growth of the market is that the country’s agriculture has attained a huge rise in productivity in recent years, a fact which is also reflected in increased cereal yields per hectare. In the European region, Germany is one of the most important agricultural producers. Based on technology, the market has been classified into machine learning, computer vision, and predictive analytics. Machine learning holds the largest market size due to the rising adoption of AI technology for various applications like drones, agriculture robots, precision farming, etc.
Some of the leading players in the Germany AI in Agriculture market are Mavrx, Anywhere, The Climate Corporation, IBM, Granular, Microsoft, Deere & Company, Agribotix, Descartes Labs, Prospera, etc.
The objective of the Study for Germany AI in the Agriculture Market
- To analyze and forecast the market size of AI in Agriculture, in terms of value.
- To classify and forecast Germany's AI in Agriculture based on technology, offering, application, and regional distribution.
- To identify drivers and challenges for Germany AI in Agriculture.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Germany AI in Agriculture.
- To conduct the pricing analysis for AI in Agriculture.
- To identify and analyze the profile of leading players involved in the manufacturing of Germany AI in Agriculture.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across Germany. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration service providers across Germany.
TechSci Research calculated the market size of Germany AI in Agriculture using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
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Key Target Audience for Germany AI in Agriculture Market
- Artificial intelligence software and solution providers
- Artificial intelligence technology providers
- Electronic hardware equipment manufacturers
- AI system providers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
