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Smart Crop Mobility Market Size

Report ID: GMI11843
Published Date: Oct 2024
Report Format: PDF

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Smart Crop Mobility Market Size

The global smart crop mobility market was valued at USD 4.3 billion in 2023 and is projected to grow at a CAGR of 13.6% between 2024 and 2032. The agricultural sector is experiencing significant labor shortages, particularly in developed countries where younger generations are moving away from farming. This trend is driving the adoption of advanced crop mobility solutions, such as autonomous tractors and robotic harvesters. Farmers are increasingly turning to automation to maintain productivity and ensure timely crop management.

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For instance, The Bureau of Labor Statistics (BLS) projected a 2% decline in agricultural employment in the U.S. from 2023 to 2033. Despite this downturn, the industry has seen an average of 116,400 job openings annually, primarily driven by workforce exits and transitions to other professions. These smart mobility solutions offer continuous operation, precise task execution, and reduced dependency on manual labor, making them an effective response to workforce challenges in agriculture.

Smart Crop Mobility Market Report Attributes
Report Attribute	Details
Base Year:	2023
Smart Crop Mobility Market Size in 2023:	USD 4.3 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	13.6%
2032 Value Projection:	USD 13.2 Billion
Historical Data for:	2021 - 2023
No. of Pages:	200
Tables, Charts & Figures:	180
Segments covered:	Product, Application, Farm Size, End User
Growth Drivers:	Increasing labor shortages in agriculture Rising demand for precision agriculture Increasing focus on sustainable farming practices Increasing demand for operational efficiency in agricultural practices
Pitfalls & Challenges:	High initial investment costs Limited technical expertise in farmers

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Precision agriculture techniques require exact positioning and movement for optimal crop management. Smart crop mobility solutions enable precise field navigation, accurate input applications (fertilizers, pesticides), and targeted harvesting. These technologies integrate GPS, sensors, and AI to achieve centimeter-level accuracy in field operations. The growing need for resource optimization and maximizing yield per acre is driving the adoption of these precise and consistent smart mobility solutions.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market size for smart crop mobility was valued at USD 4.3 billion in 2023 and is projected to reach USD 13.2 billion by 2032, driven by a CAGR of 13.6% from 2024 to 2032.

Autonomous tractors accounted for over 30% of the market share in 2023, driven by their role in revolutionizing precision agriculture with enhanced accuracy in farming operations.

The U.S. market accounted for over 85% of the North American market share in 2023, driven by the shift towards Robotics-as-a-Service (RaaS) models in the agricultural sector.

Major players in the industry include Ag Leader Technology, AGCO, AgEagle Aerial Systems, Biz4Intellia, Blue River Technology, CNH Industrial, Deere & Company, Raven Industries, Syngenta, and Yara.