Dublin, Jan. 30, 2024 (GLOBE NEWSWIRE) — The “Asia-Pacific Smart Weed Control Market – Analysis and Forecast, 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The Asia-Pacific smart weed control market (excluding China), valued at $135.7 million in 2022, is expected to reach $408.3 million by 2028, exhibiting a robust CAGR of 18.8% during the forecast period (2023-2028). The agriculture industry’s expanding emphasis on increasing crop yields while lowering input costs is the main factor driving the rise. Effective weed control, efficient herbicide application, and accurate and targeted weed management are all made possible by smart weed control technologies. These technologies are expected to boost the growth of the global smart weed control market in the upcoming years by helping farmers make data-driven decisions, improve operational efficiency, cut down on resource waste, and lessen their environmental impact.
Business Dynamics
- Business Drivers
- Growing Crop Losses due to Weed Infestation
- Need for Sustainable Agriculture Practices
- Economic Aspects, Commercial Adaptation, and Ecological Benefits of Site-Specific Weed Management
- Business Challenges
- High Initial Cost of Smart Weed Control Technologies or Equipment
- Rising Concern over Data Security with Increasing Cyber Attacks
- Lack of Interoperability Hindering the Growth
- Market Strategy and Development
- Business Strategies
- Product Development and Innovation
- Market Development
- Corporate Strategies
- Mergers and Acquisitions
- Partnerships, Joint Ventures, Collaborations, and Alliances
- Snapshot of Corporate Strategies Adopted by the Players in Smart Weed Control Market
- Business Opportunities
- Development of Innovative and Affordable Smart Weed Control Solutions
- Development toward Artificial Intelligence and Machine Learning-based Weed Control Equipment
Market Introduction
Smart weed control effectively detects and removes undesired plants by utilizing cutting-edge technology including robots, computer vision, and machine learning. These systems reduce the need for chemical pesticides and manual work by focusing on weeds while minimizing their influence on desired crops through analysis of plant features and growth patterns. Together, sensors, AI-driven equipment, and autonomous drones accurately apply treatment, maximizing resource efficiency and advancing sustainable agriculture. This cutting-edge method ensures effective and environmentally responsible crop production by increasing output, reducing harm to the environment, and revolutionizing weed management for modern farming.
As a result, smart weed control is becoming more and more important in contemporary agriculture since it has the ability to transform weed management techniques and solve important issues that land managers and farmers face. Smart weed control aims to get around the drawbacks of traditional weed control techniques like hand weeding and indiscriminate pesticide spraying. Sustainability of the environment is one of the main justifications for the need for intelligent weed management. The spraying of conventional herbicides may result in chemical drift, which could harm non-target plants and have an adverse effect on wildlife. Conversely, smart weed management minimizes chemical use and lowers the possibility of environmental contamination by providing focused and accurate herbicide application.
Market Segmentation
Segmentation 1: by Application
- Agriculture
- Non-Agriculture
Segmentation 2: by Type
- Weed Mapping
- Weed Sensing and Management
Segmentation 3: by Region
- China
- Asia-Pacific – Japan, India, Australia and New Zealand, South Korea, and Rest-of-Asia-Pacific
Key Companies
- SprayingDrone Inc.
- Deere & Company
- AGCO Corporation
- One Smart Spray
- XAG Co. Ltd.
- DJI
- SenseFly
Key Attributes
Report Attribute | Details |
No. of Pages | 103 |
Forecast Period | 2023-2028 |
Estimated Market Value (USD) in 2023 | $172.4 Million |
Forecasted Market Value (USD) by 2028 | $408.3 Million |
Compound Annual Growth Rate | 18.8% |
Regions Covered | Asia Pacific |
For more information about this report visit https://www.researchandmarkets.com/r/5l1l3y
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Asia-Pacific Smart Weed Control Market