Crop Monitoring Devices Market Size 2024-2028

The crop monitoring devices market size is forecast to increase by USD 762.17 million, at a CAGR of 7.74% between 2023 and 2028. The market's growth trajectory is influenced by several key factors. There is a pronounced emphasis on enhancing productivity and efficiency within the agriculture sector, driven by technological advancements and innovation. As labor shortages persist on farms, there is a heightened urgency to adopt smart farming practices that leverage automation, data analytics, and IoT technologies. These innovations not only streamline operations but also optimize resource utilization and crop management strategies. The shift towards smart farming is further propelled by the need for sustainable agricultural practices and food security. By integrating advanced technologies, farmers can mitigate challenges posed by labor scarcity while maximizing yield and profitability. This evolution towards smarter agricultural practices is pivotal in meeting the growing global demand for food while ensuring environmental stewardship and economic viability.

Market Forecast 2024-2028

To learn more about this report, Request Free Sample

Market Segmentation 

Area Segment Analysis

The market share growth by the medium-sized segment will be significant during the forecast period. Medium-scale agricultural holdings have grown significantly over the past decade, particularly in the African agricultural sector. Approximately 20% of Kenya's total agricultural land, 32% of Ghanas, 39% of Tanzania, and more than 50% of Zambia's agricultural land make up medium-sized holdings since last decade.

Customised Report as per your requirements!

The medium-sized segment was the largest and was valued at USD 617.59 million in 2018. The number of medium-sized holdings is growing globally at a rapid rate, owing to urban-based professional or influential rural interests linked to fast-growing urban populations and rising food demand. Such factors are expected to boost the growth of the medium-sized farms segment in the global crop monitoring devices market during the forecast period.

Product Segment Analysis:

Based on the product, the market has been segmented into sensing and monitoring devices, automation and control, and drones and others. The sensing and monitoring devices segment will account for the largest share of this segment.?Sensing and monitoring devices include various types of sensors, camera systems, and yield monitors. Sensors such as soil moisture sensors, nutrient sensors, crop health sensors, optical sensors, airflow sensors, and electrochemical sensors are widely used in advanced farming. In addition, yield monitors or mapping refers to the process of georeferencing crop yield and characteristics such as the moisture content of the soil. Various sensors (soil moisture sensors, airflow sensors, etc.) are used to map crop yields. A yield monitor also helps to measure the amount of grains collected and or produced. These devices manage various important and time-consuming farming processes, which also reduces labor costs, which will boost the growth of the sensing and monitoring devices segment in the global market during the forecast period.

Market Dynamic

The market is evolving rapidly with advancements in technology and increasing adoption of digital agriculture practices worldwide. Farmers in both rural and urban areas are embracing automation and robotics to enhance farm productivity and overcome challenges posed by unskilled labor. Technologies like intelligent sensors and digital platforms enable real-time monitoring of crops, optimizing resource allocation and improving yields. In Southeast Asian countries, the Americas, and the APAC region, government reforms are promoting the use of advanced farming techniques. Medium sized farms benefit from economies of scale facilitated by digitalization and manufacturing facilities producing cutting-edge monitoring devices. As agriculture moves towards precision farming, technologies from companies like John Deere are pivotal in driving efficiencies and ensuring sustainable agricultural practices across diverse geographical landscapes, including Australia. Our researchers studied the market research and market growth analysis data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Key Driver - Shortage of workers on farms

Farm labor constitutes one of the major inputs and cost centers in agricultural systems. However, the shortage of workers on farms, exacerbated by low wages and the unavailability of migrant work visas in the US and the EU, has had adverse effects on the agricultural sector. According to the US Department of Agriculture, a mere 7.6 cents of every dollar spent on food goes to the farmer. Additionally, the dwindling interest in the farming field has led to a decline in the number of farm laborers.

The labor shortage has particularly impacted fruit and vegetable farmers, given the labor-intensive nature of fruit and vegetable harvesting. To address this challenge, many farmers worldwide are turning to technological innovations on farms, including agricultural drones, soil sensors, weather stations, crop cameras, satellite imagery, unmanned aerial vehicles (UAVs), remote sensing technology, and precision agriculture solutions.

This shift towards technology adoption aims to mitigate the reliance on low-wage immigrant workers and enhance operational efficiency. As a result, the demand for yield monitoring devices and other monitoring technologies is expected to rise significantly, driving the growth of the market during the forecast period.

Significannt Trends - Increasing deployment of robots in agriculture for crop monitoring

Over the last few years, it has been noticed that the use of robots in agriculture has been increasing. Crop management, which involves monitoring crops and tracking their growth, detecting weeds and pests, and even spreading fertilizer and pesticides, can be done autonomously with the help of robots. Robots are equipped with specialized tools, accessories, and arms and hands to perform tasks with accuracy. These harvest the crops by using an automated harvesting system efficiently and effectively. Also, mobile robots help in maintaining humidity in the soil and crops. Automated controllers in robots help farmers maintain their crops and protect the crops from insects.

Additionally, robots can work efficiently over a longer time and give accurate responses. These can help in the status detection of water, production level, crop development, and composition of crops. Therefore, smart farms are increasingly making use of advanced robots for controlling several process variables in agriculture. Thus, the increasing deployment of robots in agriculture will positively impact the growth of the global crop market during the forecast period.

Major Challenge - Lack of awareness among farmers regarding new technologies in farming

They include advanced sensors, cameras, and wireless systems. The lack of awareness among farmers regarding the use of advanced monitoring devices in farms may lead to many inconsistencies, negatively affecting the potential yield from farms. Inconsistencies in crop monitoring may be due to several factors such as the movement of the trap, movement of the moth, illumination, camera out of focus, appearance of non-pest insects, and appearance of other objects. Image processing is carried out through various steps such as image capturing, image pre-processing, conversion of red, green, and blue (RGB) images to grey images, image resizing, and image filtering.

Moreover, the improper focus of the camera and the appearance of non-pest insects in fields will lead to unwanted space utilization for storing the images. This mainly occurs due to the lack of end-user awareness on using and capturing data and may restrict the growth of the market during the forecast years.

Regional Analysis

For more insights on the market share of various regions Download Sample PDF now!

North America is estimated to contribute 32% to the market growth and forecasting by 2028. Technavio's analysts have provided extensive insight into market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Increasing government activities to assist the adoption of modern agriculture technologies and enhanced infrastructure are contributing to regional market growth. For instance, to raise awareness among farmers, the National Institute of Food and Agriculture (NIFA), which is part of the United States Department of Agriculture (USDA), performs geospatial, sensor, and precision technology projects. The rising use of cloud-based technology, the growing adoption rate of smart farming techniques to enhance productivity, and the growing demand for food among people are anticipated to foster the growth of the market in the region. 

In addition, the government of Canada remains dedicated to investing in cutting-edge precision agriculture equipment as a critical component of the growth and competitiveness of the agricultural sector of the country. The developments among vendors and government support have led to the widespread adoption of precision agriculture in the region. This will increase the deployment of Internet of Things Devices and Crop Yield Estimation Tools solutions for precision farming and, in turn, will drive the growth of the market in the region during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ag Leader Technology - The company offers crop monitoring devices such as InCommand 800 which serves as a great second display and complement to InCommand 1200. InCommand 800 can also be used as a stand-alone display on operations that do not require the robust functionality of InCommand 1200.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including Ag Leader Technology, AGCO Corp., Chengdu JOUAV Automation Tech Co. Ltd., CNH Industrial NV, CropX Technologies Ltd., Deere and Co., Hunan Rika Electronic Tech Co. Ltd., Libelium Comunicaciones Distribuidas SL, MaxBotix Inc., Meropy, METOS, Parrot Drones SAS, Sentera Inc., Supertech Agroline ApS, Swift Sensors BV, Topcon Corp., Trimble Inc., TSI Inc., Vyaprut Pvt. Ltd., and Yara International ASA. 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis. 

Segment Overview

The market research and growth report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• Area Outlook 
  • Medium-sized
  • Large-sized
  • Small-sized

• Product Outlook 
  • Sensing and monitoring devices
  • Automation and Control
  • Drones and others

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile
    • Brazil
    • Argentina 
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

You may also interested in below market reports:

• Agricultural Camera and Monitoring Systems Market - Agricultural Camera and Monitoring Systems Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Australia, Japan, Germany - Size and Forecast
• Automated Pest Monitoring System Market - Automated Pest Monitoring System Market for Agriculture Sector Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Australia, Germany, UK - Size and Forecast
• Autonomous Crop Management Market - Autonomous Crop Management Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Australia, China, Japan, Germany - Size and Forecast 

Market Analyst Overview

The market is rapidly expanding with advancements in technology revolutionizing agricultural practices globally. This growth is driven by the adoption of advance technologies like AI-based devices, smart sensors, and remote sensors that provide real-time data-driven insights. In rural areas, where unskilled farmers face challenges, digitization and connected technologies offer solutions through field mapping, geo-positioning, and in-field crop health monitoring. These technologies enable precise agricultural management by monitoring water levels, weather conditions, and soil quality. Intelligent sensors and IoT-based solutions such as Sensoterra enhance efficiency by monitoring moisture levels and adjusting irrigation accordingly. As medium-sized farms seek better returns amidst fluctuating crop losses, crop monitoring solutions play a crucial role in optimizing crop growth, performance, and harvests, ensuring sustainable agricultural practices and maximizing yields.

Request Sample PDF 

What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2024 and 2028
• Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch