Germany AI in Agriculture Market : Exploring Opportunities with Market Size and Growth Projections

By | April 10, 2023
Germany AI in Agriculture Market : Exploring Opportunities with Market Size and Growth Projections

Germany 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

  • Mavrx
  • Awhere
  • The Climate Corporation
  • IBM
  • Granular
  • Microsoft
  • Deere & Company
  • Agribotix
  • Descartes Labs
  • Prospera, etc.

The Objective of the Study:

  • To analyze and forecast the market size of AI in Agriculture, in terms of value.
  • To classify and forecast Germany 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.

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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 company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.

Key Target Audience:

  • 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 to strategize investments and capitalizing on market opportunities.

AttributeDetails
Base Year2021
Historical Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report CoverageRevenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered·         Technology·         Offering·         Application
Regional scopeNorth Rhine-Westphalia, Bavaria, Baden-Wurttemberg, Saxony, Hesse, Rest of Germany
Key companies profiledMavrx, Awhere, The Climate Corporation, IBM, Granular, Microsoft, Deere & Company, Agribotix, Descartes Labs, Prospera.
Customization scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Germany AI in Agriculture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Technology:
    • Machine Learning
    • Predictive Analytics
    • Computer Vision
  • Market, By Offering:
    • Hardware
    • Software
    • AI-As-A-Service
  • Market, By Application:
    • Precision Farming
    • Livestock Monitoring
    • Agriculture Robots
    • Drone
    • Others
  • Market, by Region:
    • North Rhine-Westphalia
    • Bavaria
    • Baden-Wurttemberg
    • Saxony
    • Hesse
    • Rest of Germany

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in AI in Agriculture.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in the case of the direct and indirect sales channels.