Smart Weed Control Market Trends and Forecast
The future of the global smart weed control market looks promising with opportunities in the agriculture and non-agriculture markets. The global smart weed control market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are technological advancements in AI and robotics for precise weed management, growing demand for sustainable agriculture practices globally, and government regulations promoting eco-friendly farming methods.
• Lucintel forecasts that weed sensing & management is expected to witness higher growth over the forecast period.
• Within this market, agriculture is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Smart Weed Control Market
• United States: AgroTech Inc. announced a new AI-powered weed detection system aimed at reducing herbicide use by 30% by 2025, supported by USDA grants for sustainable farming technologies.
• China: Agricultural Robotics Ltd. introduced a smart herbicide spraying drone, targeting a 20% increase in efficiency by 2023, aligned with ChinaÄX%$%Xs push for agricultural modernization under the 14th Five-Year Plan.
• Brazil: BioAgroTech launched a satellite-guided smart sprayer, aiming to reduce chemical usage by 25% in soybean farming regions, supported by government subsidies for precision agriculture technologies.
• India: AgriTech Solutions Pvt. Ltd. unveiled a mobile app for weed identification and management, part of the governmentÄX%$%Xs initiative to promote digital farming and reduce herbicide dependency in key crop regions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Smart Weed Control Market by Segment
The study includes a forecast for the global smart weed control market by type, application, and region.
Smart Weed Control Market by Type [Value from 2018 to 2030]:
• Weed Mapping
• Weed Sensing & Management
Smart Weed Control Market by Application [Value from 2018 to 2030]:
• Agriculture
• Non-Agriculture
Smart Weed Control Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smart Weed Control Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart weed control companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart weed control companies profiled in this report include-
• Carbon Bee
• Deere & Company
• Trimble
• One Smart Spray
• WEED-IT
• Ecorobotix SA
• Naio Technologies
• Latitudo 40
• Greeneye Technology
• XAG
Recent Development in the Smart Weed Control Market
• AgroBot: AgroBot launched a new autonomous weeding robot equipped with AI and machine learning algorithms to identify and remove weeds selectively without herbicides.
• GreenTech Solutions: GreenTech Solutions introduced a smart weed control system that integrates drones for aerial monitoring and robotic arms for precise herbicide application in agricultural fields.
• WeedMaster Inc.: WeedMaster Inc. partnered with a leading agricultural research institute to develop a next-generation weed detection sensor using hyperspectral imaging technology.
• Precision Weed Control: Precision Weed Control announced the deployment of their AI-driven weed identification software, which integrates with existing farm machinery for real-time decision-making.
• BioWeed Solutions: BioWeed Solutions launched a bioherbicide derived from natural plant extracts, targeting specific weed species while being environmentally friendly and biodegradable.
Features of the Global Smart Weed Control Market
Market Size Estimates: Smart weed control market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart weed control market size by type, application, and region in terms of value ($B).
Regional Analysis: Smart weed control market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the smart weed control market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart weed control market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the smart weed control market size?
Answer: The global smart weed control market is expected to reach an estimated $2.1 billion by 2030.
Q2. What is the growth forecast for smart weed control market?
Answer: The global smart weed control market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smart weed control market?
Answer: The major drivers for this market are technological advancements in AI and robotics for precise weed management, growing demand for sustainable agriculture practices globally, and government regulations promoting eco-friendly farming methods.
Q4. What are the major segments for smart weed control market?
Answer: The future of the global smart weed control market looks promising with opportunities in the agriculture and non-agriculture markets.
Q5. Who are the key smart weed control market companies?
Answer: Some of the key smart weed control companies are as follows:
• Carbon Bee
• Deere & Company
• Trimble
• One Smart Spray
• WEED-IT
• Ecorobotix SA
• Naio Technologies
• Latitudo 40
• Greeneye Technology
• XAG
Q6. Which smart weed control market segment will be the largest in future?
Answer: Lucintel forecasts that weed sensing & management is expected to witness higher growth over the forecast period.
Q7. In smart weed control market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart weed control market by type (weed mapping and weed sensing & management), application (agriculture and non-agriculture), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smart Weed Control Market Market, Smart Weed Control Market Market Size, Smart Weed Control Market Market Growth, Smart Weed Control Market Market Analysis, Smart Weed Control Market Market Report, Smart Weed Control Market Market Share, Smart Weed Control Market Market Trends, Smart Weed Control Market Market Forecast, Smart Weed Control Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.