The European smart agriculture market is projected to exceed USD 8.72 Billion by 2029, fueled by increasing demand for precision farming and environmental sustainability practices.
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
In Europe agricultural land plays an important role in land use pattern across the region. The agriculture sector provides livelihoods to almost 10.5 million farmers across the region. The Agriculture sector occupies more than 40% of the region’s landmass and is known to be the largest agricultural food exporter in world. The major crops produced in Europe include wheat, potatoes and rapeseed. In livestock such as sheep and cattle are the import source of meat and dairy and the region is also known for producing world’s finest cheeses. In last few years the European farmers have been a significant growth in farm productivity across the region. The increase in urban population in countries like Poland and Czech Republic, with the enhancement of quality of living due to high income levels and the demand for fresh crop produce and animal protein are boosting the demand for crop protection. Few other reasons like the limited availability of natural resources fresh water and arable land with slowing yield trends in crops. This has been encouraging the leading agricultural companies to introduce advanced farming techniques in the agricultural sector, for enhancing the farms productivity.
According to the research report "Europe Smart Agriculture Market Overview, 2029," published by Bonafide Research, the Europe Smart Agriculture market is expected to reach a market size of more than USD 8.72 Billion by 2029. As per research, the further market growth of smart agriculture in Europe is expected to be driven by the rising awareness among the governments of the major countries about the need to elevate farm produce while maintaining the environment. The region’s smart agriculture market is also been strongly motivated by the substantial support of the government in terms of investments, favorable initiatives, and trade policies. The governments are also currently working on reducing the costs of the devices used in smart agriculture. Europe smart agriculture market is majorly segmented into five types including Precision agriculture, precision aquaculture, smart greenhouse, precision livestock monitoring and precision forestry. Among these types, precision agriculture segment is anticipated to acquire higher market share by holding more than 45% during the forecast period.
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Download SampleCustomise your report by selecting specific countries or regions
Specify Scope NowOne individual can access, store, display, or archive the report in Excel format but cannot print, copy, or share it. Use is confidential and internal only. Read More
One individual can access, store, display, or archive the report in PDF format but cannot print, copy, or share it. Use is confidential and internal only. Read More
Up to 10 employees in one region can store, display, duplicate, and archive the report for internal use. Use is confidential and printable. Read More
All employees globally can access, print, copy, and cite data externally (with attribution to Bonafide Research). Read More
Safe and Secure SSL Encrypted
We offer 10% Free Customization at the time of purchase
Get Free CustomizationWe sent OTP in your email & phone
Check your spam/junk folder as well
We are friendly and approachable, give us a call.
We use cookies to ensure you get the best experience on our website.