The global smart farming market (by application) was dominated by the precision crop farming application which accounted for XX% of the total revenue generated by the smart farming solutions in the year 2017. Precision irrigation products have been the major contributor to the large market share of precision crop farming. With growing need for appropriate usage of agricultural inputs, variable rate application based products in the market are expected to propagate further growth of precision crop farming market in the coming five years.

1. Key Questions Answered in the Report:
• What is the global smart farming market size in terms of revenue from 2017-2022 along
with the growth rate during the forecast period 2017-2022?
• What is the revenue generated by the different solutions such as hardware systems,
software, and services for smart farming market?
• What is the market size of smart farming solutions for different applications including
precision crop farming, livestock monitoring management, indoor farming, aquaculture,
and others?
• What is the smart farming market size for different regions on the basis of various
solutions and applications?
• What are the key trends and opportunities in the market pertaining to countries included
in different geographical regions?
• How attractive is the market for different stakeholders present in the industry by analyzing
the futuristic scenario of smart farming?
• What are the major driving forces that tend to increase the demand for smart farming
during the forecast period?
• What are the major challenges inhibiting the growth of the global smart farming market?
• What kind of new strategies is being adopted by the existing market players to expand
their market position in the industry?
• What is the competitive strength of the key players in the smart farming market by
analyzing their recent developments, product offerings and regional presence?
• How are agricultural robots transforming the contemporary farming practices?
 sales@bisresearch.com www.bisresearch.com 1
MORE THAN
100
COMPANIES
RESEARCHED
ACROSS THE
VALUE CHAIN
METICULOUS
COMPILATION OF
MORE THAN 700
RESEARCH HOURS
EXCLUSIVE
INSIGHTS FROM
IN-DEPTH EXPERT
INTERVIEWS
CONTAINS 93
MARKET DATA
TABLES AND 203
FIGURES SPREAD
ACROSS 360
PAGES
GLOBAL SMART FARMING MARKET
Focus on Solution (Hardware Systems, Software, Services), Application (Precision Crop
Farming, Livestock Monitoring Management, Indoor Farming, and Aquaculture) and
Agricultural Robots – Analysis and Forecast (2018-2022)

2.  sales@bisresearch.com www.bisresearch.com 2
TABLE OF CONTENTS
VIEW COMPLETE
TABLE OF CONTENTS
RESEARCH SCOPE
METHODOLOGY
COMPANY PROFILES
MARKET DYNAMICS
COMPETITIVE LANDSCAPE
INDUSTRY ANALYSIS
GLOBAL SMART FARMING
MARKET (BY SOLUTION)
AGRICULTURAL ROBOTS IN GLOBAL
SMART FARMING MARKET
GLOBAL SMART FARMING MARKET
(BY APPLICATION)
GLOBAL SMART FARMING MARKET
(BY REGION)
■ Precision Crop Farming
■ Ag Leader Technology
■ AGCO Corporation
■ CNH Industrial
■ Deere Company
■ Dickey-JOHN
■ Raven Industries
■ SST Development Group Inc
■ The Climate Corporation
■ Topcon Corporation
■ Trimble Inc.
■ Livestock Monitoring and
Management
■ Afimilk Ltd.
■ Allflex USA Inc.
■ Boumatic LLC
■ Dairymaster
■ DeLaval
■ Fullwood Ltd.
■ Indoor Farming
■ Cree Inc.
■ General Hydroponics
■ Osram Licht AG
■ Signify Holding
■ Aquaculture
■ AKVA Group ASA
■ Eruvaka Technologies
■ XpertSea
■ Agricultural Robotics (Exclusive)
■ 3D Robotics
■ DJI Innovations
■ Scope of the Report
■ Global Smart Farming Market
Research Methodology
• Drivers
• Restraints
• Opportunities
• Key Market Developments Strategies
• Market Share Analysis
• Industry Attractiveness • Opportunity Matrix
• Hardware Systems
• Automation and
Control Systems
• Sensing and
Navigation
Systems
• Indoor Farming
Equipment
• Other Hardware
Systems
• Software
• On-Cloud Delivery
Model
• On- Premise
Delivery Model
• Services
• Integration and
Deployment
• Maintenance and
Support
• Others Services
• Agricultural Robots in
Global Smart Farming
Market (by Type)
• Unmanned Aerial
Vehicles (UAVs)/
Drones
• Milking Robots
• Harvesting and
Picking Robots
• Others
• Agricultural Robots
in Global Smart
Farming Market (by
Application)
• Crop Management
• Dairy Farm
Management
• Soil Management
• Irrigation
Management
• Others
• Precision Crop Farming
• Precision Irrigation
• Yield Monitoring
and Forecasting
• Variable Rate
Application
• Crop Scouting
• Record Keeping
• Others
• Livestock Monitoring
and Management
• Milk Harvesting
• Animal Health
Monitoring and
Comfort
• Feeding
Management
• Heat Stress and
Fertility Monitoring
• Others
• Indoor Farming
• HVAC Management
• Lighting
Management
• Plant Development
Monitoring
• Others
• Aquaculture
• Feed Management
• Aquatic Species
Tracking and
Navigation
• Water Quality
Management
• Others
• Others
• North America
• North America (by
Solution)
• North America (by
Application)
• North America (by
Country)
• U.S.
• Canada
• Mexico
• Europe
• Europe by (by
Solution)
• Europe by (by
Application)
• Europe by (by
Country)
• Germany
• U.K.
• France
• Italy
• Spain
• Netherlands
• Rest of
Europe
• Asia-Pacific
• Asia-Pacific (by
Solution)
• Asia-Pacific (by
Application)
• Asia-Pacific (by
Country)
• China
• Japan
• Australia and
New Zealand
• India
• South Korea
• Thailand
• Rest of Asia-
Pacific
• Rest of the World
• Rest of the World
(by Solution)
• Rest of the World
(by Application)
• Rest of the World
(by Country)
• Brazil
• Argentina
• Israel
• South Africa
• Others

3. LIST OF TABLES
 sales@bisresearch.com www.bisresearch.com 3
1 Analyzing the Threat of New Entrants
2 Analyzing Bargaining Power of Buyers
3 Analyzing the Bargaining Power of Suppliers
4 Analyzing the Threat from Substitutes
5 Analyzing the Intensity of Competitive Rivalry
6 Global Smart Farming Market (by Solution),
2017-2022
7 Hardware Systems in Global Smart Farming
Market (by Type), 2017-2022
8 Displays/Yield Monitors by Key Companies
9 Flow and Application Rate Control Valves by Key
Companies
10 Handheld Computers/Mobile Devices by Key
Companies
11 Agricultural Cameras by Key Companies
12 Other Automation and Control Systems by Key
Companies
13 Sensing Systems by Key Companies
14 GPS/GNSS Systems by Key Companies
15 Guidance and Steering Systems by Key
Companies
16 RFID Tags and Readers by Key Companies
17 Climate Control Systems by Key Companies
18 LED Grow Lights by Key Companies
19 Other Indoor Farming Equipment by Key
Companies
20 Other Hardware Systems by Key Companies
21 Software by Key Companies
22 Software in Global Smart Farming Market (by
Delivery Model), 2017-2022
23 Smart Farming Services Offered by Key
Companies
24 Services in Global Smart Farming Market, (by
Type), 2017-2022
25 Agricultural Robots in Global Smart Farming
Market, (by Type), 2017-2022
26 UAVs/Drones by Leading Companies for Smart
Farming
27 Milking Robots by Leading Companies for Smart
Farming
28 Harvesting and Picking Robots by Leading
Companies for Smart Farming
29 Other Agricultural Robots by Leading Companies
for Smart Farming
30 Agricultural Robots in Global Smart Farming
Market (by Application), 2017-2022
31 Driverless Tractors by Leading Companies for
Smart Farming
32 Global Smart Farming Market (by Application),
2017-2022
33 Precision Crop Farming in Global Smart Farming
Market, 2017-2022
34 Precision Irrigation Products Launched by Key
Companies
35 Yield Monitoring and Forecasting Products by Key
Companies
36 Variable Rate Application Products by Key
Companies
37 Crop Scouting Products by Key Companies
38 Record Keeping Products by Key Companies
39 Other Precision Crop Farming Products by Key
Companies
40 Livestock Monitoring and Management in Global
Smart Farming Market, 2017-2022
41 Milk Harvesting Systems and Services by Key
Companies
42 Animal Health Monitoring and Comfort Systems
and Services by Key Companies
43 Feeding Management Solutions by Key
Companies
44 Heat Stress and Fertility Monitoring Solutions by
Key Companies
45 Indoor Farming in Global Smart Farming Market,
2017-2022
46 HVAC Management Solutions by Key Companies
47 Lighting Management Solutions by Key
Companies
48 Plant Development Monitoring Solutions by Key
Companies
49 Other Indoor Farming Solutions by Key
Companies
50 Aquaculture in Global Smart Farming Market,
2017-2022
51 Feed Management Solutions by Key Companies
52 Aquatic Species Tracking and Navigation
Solutions by Key Companies
53 Water Quality Management Solutions by Key
Companies
54 Other Aquaculture Solutions by Key Companies
55 Products in Other Application Areas in Smart

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Farming Market
56 Global Smart Farming Market (by Region), 2017-
2022
57 North America Smart Farming Market (by
Solution), 2017-2022
58 North America Smart Farming Market (by
Application), 2017-2022
59 North America Smart Farming Market (by
Country), 2017-2022
60 Europe Smart Farming Market (by Solution),
2017-2022
61 Europe Smart Farming Market (by Application),
2017-2022
62 Europe Smart Farming Market (by Country),
2017-2022
63 Asia-Pacific Smart Farming Market (by Solution),
2017-2022
64 Asia-Pacific Smart Farming Market (by
Application), 2017-2022
65 Asia-Pacific Smart Farming Market by Country,
2017-2022
66 Rest-of-the-World (RoW) Smart Farming Market
(by Solution), 2017-2022
67 Rest-of-the-World (RoW) Smart Farming Market
by Application, 2017-2021
68 RoW Smart Farming Market by Country, 2017-
2022
69 AgLeader Technology : Product Portfolio
70 AGCO Corporation: Product Portfolio
71 CNH Industrial: Product Portfolio
72 Deere and Company: Product Portfolio
73 DICKEY-John : Product Portfolio
74 Raven Industries Inc.: Product Portfolio
75 SST Development Group : Product Portfolio
76 The Climate Corporation : Product Portfolio
77 Topcon Corporation: Product Portfolio
78 Trimble Inc.: Product Portfolio
79 Afimilk Ltd.: Product Portfolio
80 Allflex Inc.: Product Portfolio
81 Boumatic LLC: Product Portfolio
82 Dairymaster: Product Portfolio
83 DeLaval: Product Portfolio
84 Fullwood Ltd.: Product Portfolio
85 Cree Inc.: Product Portfolio
86 Product Portfolio: General Hydroponics
87 Osram Licht AG: Product Portfolio
88 Signify Holding: Product Portfolio
89 AKVA Group: Product Portfolio
90 Product Portfolio: Eruvaka Technologies
91 Product Portfolio: XpertSea
92 3D Robotics: Product Portfolio
93 DJI Innovations: Product Portfolio

5.  sales@bisresearch.com www.bisresearch.com 5
LIST OF FIGURES
1 Macroeconomic Trends Impacting the Farming
Industry Growth
2 Drivers and Restraints-Global Smart Farming
Market
3 Global Smart Farming Market Snapshot
4 Global Smart Farming Market (by Solution),
2017 and 2022
5 Global Smart Farming Market (by Application),
$Million 2017-2022
6 Global Smart Farming Market (by Region), 2017-
2022
7 Global Smart Farming Market (by Country),
2017-2022
8 Agricultural Robots in Global Smart Farming
Market (by Type and by Application), 2017 and
2022
9 Market Dynamics
10 Impact Analysis of Drivers
11 Global Average Yield (by Crop Types), 2001,
2006, 2011, and 2016 (hectogramme/hectare)
12 Role of ICT in Farming
13 Mean Temperature Change of Meteorological
Year, 1961-2017 (Degree Celsius)
14 Projected Annual Growth Rate of Total Livestock
Production, 2015-2030
15 Global Dairy Cow Numbers, 2011-2014
16 Impact Analysis of Restraints
17 Contribution of 3D Printing Applications, 2017
and 2022
18 Applications of Blockchain Technology in
Agriculture
19 Strategies Adopted by the Key Players
20 Share of Key Market Strategies and
Developments
21 Product Launches and Development Share (by
Companies)
22 Business Expansion and Contracts Share (by
Companies)
23 Partnerships, Collaborations, and Joint Ventures
Share (by Companies)
24 Mergers and Acquisitions Share (by Companies)
25 Hardware Systems Manufacturers Market Share
Analysis, 2017
26 Software Providers Market Share Analysis, 2017
27 Market Share Analysis of Leading Companies in
Global Livestock Monitoring and Management
Market, 2017 (%)
28 Porter’s Five Forces Analysis for the Smart
Farming Market
29 Global Smart Farming Market Opportunity
Matrix, (by Region), 2017-2022
30 Global Smart Farming Market (by Solution)
31 Global Smart Farming Market (by Solution),
2017, 2018, and 2022
32 Hardware Systems in Global Smart Farming
Market, 2017-2022
33 Hardware Systems in Global Smart Farming
Market (by Type), 2017, 2018 and 2022
34 Automation and Control Systems (by Type),
2017-2022
35 Hardware Systems in Global Smart Farming
Market (Automation and Control Systems),
2017-2022
36 Sensing and Navigation Systems (by Type),
2017-2022
37 Hardware Systems in Global Smart Farming
Market (Sensing and Navigation Systems),
2017-2022
38 Indoor Farming Equipment (by Type), 2017-2022
39 Hardware Systems in Global Smart Farming
Market (Indoor Farming Equipment), 2017-2022
40 Other Hardware Systems Market in Global Smart
Farming Market, 2017-2022
41 Software in Global Smart Farming Market, 2017-
2022
42 Software in Global Smart Farming Market, By
Delivery Type 2017, 2018 and 2022
43 Advantages of On-Cloud Delivery Model
44 Advantages of On-Premise Delivery Model
45 Services in Global Smart Farming Market, 2017-
2022
46 Services in Global Smart Farming Market (by
Type), 2017-2022
47 Services in Global Smart Farming Market, (by
Type) 2017, 2018 and 2022
48 Services in Global Smart Farming Market
(Integration and Deployment), 2017-2022

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49 Services in Global Smart Farming Market
(Maintenance and Support), 2017-2022
50 Services in Global Smart Farming Market
(Others), 2017-2022
51 Agricultural Robots in Global Smart Farming
Market, 2017-2022
52 Opportunities and Challenges for Agricultural
Robots
53 Agricultural Robots in Global Smart Farming
Market, 2017-2022
54 Agricultural Robots in Global Smart Farming
Market (by Type), 2017, 2018, and 2022
55 Key Types of UAV/Drone
56 Major Applications of UAV/Drone for Smart
Farming
57 Benefits of Milking Robots
58 Agricultural Robots in Global Smart Farming
Market (by Application), 2017-2022
59 Agricultural Robots in Smart Farming Market (by
Application), 2017, 2018, and 2022
60 Advantages of Driverless Tractors in Farming
61 Global Smart Farming Market (by Application
Areas), 2017-2022
62 Global Smart Farming Market (by Application),
2017, 2018, and 2022
63 Precision Crop Farming Application Area (by
Type), 2017-2022
64 Precision Crop Farming in Global Smart Farming
Market, 2017, 2018, and 2022
65 Precision Crop Farming in Global Smart Farming
Market (Precision Irrigation), 2017-2022
66 Precision Crop Farming in Global Smart Farming
Market (Yield Monitoring and Forecasting), 2017-
2022
67 Precision Crop Farming in Global Smart Farming
Market (Variable Rate Application), 2017-2022
68 Precision Crop Farming in Global Smart Farming
Market (Crop Scouting), 2017-2022
69 Importance of Record Keeping
70 Types of Records to be Kept
71 FPrecision Crop Farming in Global Smart Farming
Market (Record Keeping), 2017-2022
72 Precision Crop Farming in Global Smart Farming
Market (Others), 2017-2022
73 Livestock Monitoring and Management
Application Area (by Type), 2017-2022
74 Livestock Monitoring and Management in Global
Smart Farming Market, 2017, 2018, and 2022
75 Performance Factors of Milk Harvesting System
76 Livestock Monitoring and Management in
Global Smart Farming Market (Milk Harvesting
Application), 2017-2022
77 Global Milk Production, 2013-2016
78 Dairy Cow Population and Production in Key
Economies, 2015
79 Livestock Monitoring and Management in Global
Smart Farming Market (Animal Health Monitoring
and Comfort), 2017-2022
80 Livestock Monitoring and Management in Global
Smart Farming Market (Feeding Management),
2017-2022
81 Advantages of Liquid Feeding System Over Dry
Feeding Systems
82 Livestock Monitoring and Management in Global
Smart Farming Market (Heat Stress and Fertility
Monitoring), 2017-2022
83 Livestock Monitoring and Management in Global
Smart Farming Market (Others), 2017-2022
84 Indoor Farming Application Area (by Type),
2017-2022
85 Indoor Farming in Global Smart Farming Market,
2017, 2018, and 2022
86 Indoor Farming in Global Smart Farming Market
(HVAC Management), 2017-2022
87 Indoor Farming in Global Smart Farming Market
(Lighting Management), 2017-2022
88 Indoor Farming in Global Smart Farming Market
(Plant Development Monitoring), 2017-2022
89 Indoor Farming in Global Smart Farming Market
(Others), 2017-2022
90 Aquaculture Application Area (by Type), 2017-
2022
91 Aquaculture in Global Smart Farming Market,
2017, 2018, and 2022
92 Aquaculture in Global Smart Farming Market
(Feed Management), 2017-2022
93 Aquaculture in Global Smart Farming Market
(Aquatic Species Tracking and Navigation),
2017-2022
94 Aquaculture in Global Smart Farming Market
(Water Quality Management), 2017-2022
95 Aquaculture in Global Smart Farming Market
(Others), 2017-2022

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96 Global Smart Farming Market, Market Share and
CAGR (by Region)
97 North America Smart Farming Market, 2017-
2022
98 North America Smart Farming Market (by
Solution), 2017, 2018, and 2022
99 North America Smart Farming Market (by
Application), 2017-2022
100 North America Smart Farming Market (by
Country), 2017-2022
101 Smartphone Market Penetration in the U.S.,
2012-2016 (%)
102 The U.S. Smart Farming Market, 2017-2022
103 Average Farm Size and the Number of Farms in
Canada, 2006, 2011, and 2016
104 Canada Smart Farming Market, 2017-2022
105 Mexico Smart Farming Market, 2017-2022
106 Europe Smart Farming Market, 2017-2022
107 Europe Smart Farming Market (by Solution)
2017, 2018, and 2022
108 Europe Smart Farming Market (by Application),
2017-2022
109 Europe Smart Farming Market (by Country),
2017-2022
110 Adoption Rate of Agricultural Innovations (by
German Farmers), 2016 (%)
111 Germany Smart Farming Market, 2017-2022
112 The U.K. Smart Farming Technology Adoption
Curve
113 The U.K. Smart Farming Market, 2017-2022
114 France Smart Farming Market, 2017-2022
115 Italy Smart Farming Market, 2017-2022
116 Spain Smart Farming Market, 2017-2022
117 The Netherlands Smart Farming Market, 2017-
2022
118 Rest-of-Europe Smart Farming Market, 2017-
2022
119 Asia-Pacific Smart Farming Market, 2017-2022
120 Asia-Pacific Smart Farming Market (by Solution),
2017-2022
121 Asia-Pacific Smart Farming Market (by
Application), 2017-2022
122 Asia-Pacific Smart Farming Market (by Country),
2017-2022
123 Employment in Agriculture (Percentage of total
employment) in China, 1991 and 2017
124 China Smart Farming Market, 2017-2022
125 Japan Smart Farming Market, 2017-2022
126 Australia and New Zealand Smart Farming
Market, 2017-2022
127 Land under Cultivation in India, 2010-2013
128 India Smart Farming Market, 2017-2022
129 South Korea Smart Farming Market, 2017-2022
130 Thailand Smart Farming Market, 2017-2022
131 Rest-of-Asia-Pacific Smart Farming Market,
2017-2022
132 Rest-of-the-World (RoW) Smart Farming Market,
2017-2022
133 Rest-of-the-World (RoW) Smart Farming Market
(by Solution), 2017-2022
134 Rest-of-the-World (RoW) Smart Farming Market
by Application, 2017-2022
135 Brazil Smart Farming Market, 2017-2022
136 Argentina Smart Farming Market, 2017-2022
137 Israel Smart Farming Market, 2017-2022
138 South Africa Smart Farming Market, 2017-2022
139 Other Countries of RoW Smart Farming Market,
2017-2022
140 Share of Key Companies
141 Ag Leader Technology: SWOT Analysis
142 AGCO Corporation: Overall Financials, 2015-
2017
143 AGCO Corporation: Net Revenue (by Region),
2015-2016
144 AGCO Corporation: Net Revenue (by Region),
2017
145 AGCO Corporation: Net Revenue by Business
Segment, 2015-2017
146 AGCO Corporation: SWOT Analysis
147 CNH Industrial: Overall Financials, 2015-2017
148 CNH Industrial: Net Revenue (by Region), 2015-
2017
149 CNH Industrial: Net Revenue by Business
Segment, 2015-2017
150 CNH Industrial: SWOT Analysis
151 Deere and Company: Overall Financials, 2015-
2017
152 Deere and Company: Net Revenue (by Region),
2015-2017

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153 Deere and Company: Net Revenue by Business
Segment, 2015-2017
154 Deere and Company: SWOT Analysis
155 DICKEY-John: SWOT Analysis
156 Raven Industries Inc.: Overall Financials, 2016-
2018
157 Raven Industries Inc.: Net Revenue (by Region),
2016-2018
158 Raven Industries Inc.: Net Revenue by Business
Segment, 2016-2018
159 Raven Industries Inc.: SWOT Analysis
160 SST Development Group, Inc.: SWOT Analysis
161 The Climate Corporation: SWOT Analysis
162 Topcon Corporation: Overall Financials, 2015-
2017
163 Topcon Corporation: Net Revenue (by Region),
2015-2017
164 Topcon Corporation: Net Revenue by Business
Segment, 2015-2017
165 Topcon Corporation: SWOT Analysis
166 Trimble Inc.: Overall Financials, 2015-2017
167 Trimble Inc.: Net Revenue (by Region), 2015-
2017
168 Trimble Inc.: Net Revenue by Business Segment,
2015-2016
169 Trimble Inc.: Net Revenue by Business Segment,
2017
170 Trimble Inc.: SWOT Analysis
171 Afimilk Ltd.: SWOT Analysis
172 Allflex Inc.: SWOT Analysis
173 Boumatic LLC: SWOT Analysis
174 Dairymaster: SWOT Analysis
175 DeLaval: SWOT Analysis
176 Fullwood Ltd.: SWOT Analysis
177 Cree Inc.: Overall Financials, 2015-2017
178 Cree Inc.: Net Revenue by Business Segment,
2015-2017
179 Cree Inc.: Net Revenue (by Region), 2015-2017
180 Cree Inc.: SWOT Analysis
181 General Hydroponics: SWOT Analysis
182 Osram Licht AG: Overall Financials, 2015-2017
183 Osram Licht AG: Net Revenue (by Region),
2015-2017
184 Osram Licht AG: Net Revenue by Business
Segment, 2015-2017
185 Osram Licht AG: SWOT Analysis
186 Signify Holding: Overall Financials, 2015-2017
187 Signify Holding: Net Revenue (by Region), 2015-
2017
188 Signify Holding: Net Revenue (by Business
Segment), 2015-2017
189 Signify Holding: SWOT Analysis
190 AKVA Group: Overall Financials, 2015-2017
191 AKVA Group: Net Revenue (by Region), 2015-
2017
192 AKVA Group: Net Revenue (by Business
Segment), 2015-2017
193 AKVA Group: SWOT Analysis
194 Eruvaka Technologies: SWOT Analysis
195 Xpert Sea: SWOT Analysis
196 3D Robotics: SWOT Analysis
197 DJI Innovations: SWOT Analysis
198 Smart Farming Market Scope
199 Report Design
200 Primary Interview Breakdown, by Companies,
Designation, and Region
201 Sources of Secondary Research
202 Data Triangulation
203 Top-Down and Bottom-Up Approach

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1 Research Scope BIS Methodology
1.1 Scope of the Report
The report is a thorough study of the smart farming market share and market size including the analysis
by different solution and application. The report also comprises detailed study of different types of
agricultural robots and its applications. The smart farming market by region has also been extensively
analyzed in this report including the market trends across the regions. Further, the market estimated in
different sections of the report considered “2017-2022” as the forecast period.
1.2 Smart Farming Market Research Methodology
The research methodology design adopted for this specific study includes a mix of data collected from
primary and secondary sources. The research exhaustively use both primary sources (in-house experts,
industry leaders and market players) and secondary sources (a host of paid and unpaid databases) along
with analytical tools to build forecast and predictive models.
Primary Data Sources
The primary sources involve the industry experts from the smart farming market. In the extensive primary
research process undertaken for this study, the primary sources further include industry experts and
key executives from prominent companies, research organizations and agricultural associations. All such
resources have been interviewed to obtain and verify both the qualitative and the quantitative aspects of
this research study.
The key data points taken from primary sources include:
• Validation and triangulation of all the numbers and graphs
• Validation of report’s segmentation and key qualitative findings
• Understanding the competitive landscape
• Validation of the numbers of the various market segments for smart farming
• Percentage split for regional analysis
The research includes interviews with participants throughout the value chain. An extensive questionnaire
was shared to get insights from the experts who didn’t participate in discussions. In some cases where
information was not available, Delphi method was used to arrive at mutual consent with BIS consultants

10.  sales@bisresearch.com www.bisresearch.com 10
Secondary Data Sources
The research study involves the usage of extensive secondary sources such as databases, company
websites, and annual reports, among others. It also makes use of databases such as Hoovers, Bloomberg,
Business-week, and Factiva to collect useful information for an extensive, market-oriented, and commercial
study of the global market. Secondary research was done in order to obtain crucial information about the
industry’s value chain, market’s monetary chain, total pool of key players, and the prevalent systems and
application types. The following figure exhibits key secondary data sources considered
The following figure exhibits Secondary data Sources considered:
Figure 1.2 Secondary data Sources
PARAMETERS SOURCES
MARKET SIZE
(Value)
• Company Financials
• Magazines
• Journals
• Press Releases
• Paid Databases, and
• BIS Research Data Repository
REVENUE OF
COMPANIES
• Annual Reports
• Company Websites
• Public Databases, and
• BIS Research Data Repository
QUALITATIVE INFORMATION
(Market Dynamics,
Market Trends)
• Company Websites
• Annual Reports
• Press Releases, and
• BIS Research Data Repository
BIS Research Analysis

11.  sales@bisresearch.com www.bisresearch.com 11
The process of market engineering involves calculation of the market statistics, market size estimation,
market forecast, market crackdown, and data triangulation (the methodology for these quantitative data
processes is explained in the further sections). An extensive primary research study was undertaken to
gather information, and authenticate the critical numbers arrived through segmentation types, industry
trends, and key players of each type of products in the market.
Figure 1.3 Data Triangulation
SECONDARY SOURCESPRIMARY SOURCES
• Annual reports of key industrial
players
• SEC Filings
• 10K reports
• Investor Presentations
• Journals
• Press Releases
• Paid Unpaid Databases
• Food Agriculture Organization
Reports
• Livestock Industry Associations
• USDA Foreign Agricultural Service
Reports
Interviews With:
• Stockmen
• Agronomists
• OEMs
• System Integrators
• Agriculture Consultants
DEMANDSIDE
Interviews With:
• Software Providers
• Service Providers
• Component Manufacturers
• Distributors
SUPPLYSIDE
INFORMATION SOURCED
Key Players Competitive Landscape
Macro-economic Factors
Opportunities/
Challenges
Market Estimates
Market Size and Market
Share (2017-2022)
Geographical
Analysis
PRIMARY
SOURCE
SECONDARY
SOURCE
DATA
TRIANGULATION
INFORMATION
SOURCED
BIS Research Analysis
REQUEST FOR
SAMPLE