Japan Digital Agriculture Market Statistics & Facts
The Japan Digital Agriculture Market is expected to grow at a significant CAGR during the forecast period. The Japanese government has been supporting the agriculture industry with a variety of policies, attempting to stabilize output and looking for ways to ensure the sector grows in a healthy and sustainable manner. For decades, the Japanese federal government has been a strong supporter of agriculture, and there is broad political agreement on the need for land, labor, and tax reform to help the sector reach its full potential.
Japan is a country that has a long history of agriculture, and with the advancement of technology, the digital agriculture market has been on the rise. The digital agriculture market in Japan is a fast-growing industry that focuses on the use of technology to increase efficiency and productivity in agriculture. One of the key drivers of the digital agriculture market in Japan is the aging population of farmers. Many farmers in Japan are reaching retirement age, and there is a need for younger generations to take up farming. However, due to the labor-intensive nature of traditional farming methods, younger generations are less inclined to pursue a career in agriculture. Digital agriculture provides a solution to this problem by introducing modern technology and automation to farming, making it more attractive to younger generations. Digital agriculture helps to meet consumers' food safety demands by providing tools and technologies that can help farmers produce high-quality crops that are free from contaminants.
The digital agriculture market in Japan is comprised of several segments, including precision agriculture, smart farming, and agricultural drones. Smart farming uses the Internet of Things (IoT) to monitor and control farming operations. Agricultural drones are used for crop mapping, monitoring crop health, and spraying pesticides. The Japan digital agriculture market is expected to continue to grow as technology continues to advance, and the need for sustainable and efficient farming practices increase.
This research report categorizes the market for Japan digital agriculture market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japanese digital agriculture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japanese digital agriculture market.
One of the key drivers of the digital agriculture market in Japan is the increasing need for efficiency and productivity in agriculture. With a growing global population and limited resources, there is a need for sustainable and efficient farming practices to meet the demand for food. Digital agriculture provides a solution to this problem by introducing modern technology and automation to farming, enabling farmers to optimize crop yields, reduce waste, and improve efficiency. Furthermore, the aging population of farmers in Japan is also driving the need for digital agriculture as younger generations are less inclined to pursue a career in agriculture due to the labor-intensive nature of traditional farming methods. Digital agriculture helps to make farming more attractive to younger generations by providing tools and technologies that can make the process more efficient and less physically demanding. Additionally, the Japanese government has shown support for the development of digital agriculture, providing funding and initiatives to promote innovation in the industry. The increasing need for efficiency and sustainability in agriculture is a significant driver of the digital agriculture market in Japan.
Despite the growth potential of the digital agriculture market in Japan, there are also several restraints that must be considered. One of the main restraints is the high cost of technology adoption. Many small-scale farmers in Japan may find it difficult to afford the high costs associated with implementing digital agriculture technologies. This could limit the adoption of digital agriculture among small-scale farmers, which could in turn limit the overall growth of the industry. Another restraint is the lack of awareness and education about digital agriculture. Many farmers in Japan may not fully understand the benefits of digital agriculture or may not have access to the information and resources needed to adopt these technologies. This lack of awareness and education could limit the adoption of digital agriculture in the country. The Japanese agricultural industry is highly traditional, and there may be resistance to change. Some farmers may be hesitant to adopt digital agriculture technologies due to a lack of familiarity with these new technologies or a preference for traditional farming methods.
The Japan Digital Agriculture Market share is segmented into method and offering.
- The precision agriculture segment is expected to hold the largest share of Japan digital agriculture market over the study period.
Based on the method, the Japan digital agriculture market is segmented into precision agriculture, precision aquaculture, smart green houses, and precision livestock. Among these, the precision agriculture segment is expected to hold the largest share of Japan digital agriculture market over the forecast period. Precision agriculture involves the use of technology to optimize crop yields and reduce waste. The reason behind the growth is, it includes technologies such as sensors, drones, and machine learning algorithms to gather data and make more precise decisions about planting, fertilization, and irrigation. Sensors are used in precision agriculture to collect data about the environment, including temperature, humidity, soil moisture, and nutrient levels. The information is analysed utilizing machine learning algorithms to help farmers make better decisions about planting, fertilization, and irrigation.
- The hardware segment is expected to hold the largest market during the projected period.
Based on the offering, the Japanese digital agriculture market is classified into hardware, software, and services. Among these, the hardware segment is expected to hold the largest share of Japan digital agriculture market during the projected period. Hardware in the digital agriculture market includes physical devices such as sensors, drones, and automated machinery. These devices are used to gather data and perform tasks that optimize crop yields and reduce waste. The growth can be attributed due to, it includes a variety of tools, sensors, drones, cameras, automated irrigation systems, and other equipment that can collect and analyze data to help farmers make more informed decisions.
The report offers the appropriate analysis of the key organizations/companies involved within the Japan digital agriculture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Momo, Ltd.
- LEAP, agri-integrated package
- OLIVE INNOVATION PROJECT
- Tenchijin, Inc.
- citi inspire mind
- Sumitomo Forestry
- Kisui Tech
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- On February 2022, Kynetec has announced the launch of FarmTrak Digital Agriculture, which will provide information about the use of digital agriculture in Japan.
- On July 2020, BASF Digital Farming has collaborated with Zen-noh to launch an AI-powered digital crop optimisation platform in Japan.
This study forecasts revenue at, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the Japan Digital Agriculture Market based on the below-mentioned segments:
Japan Digital Agriculture Market, By Method
- Precision Agriculture
- Precision Aquaculture
- Smart Green Houses
- Precision Livestock
Japan Digital Agriculture Market, By Offering
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