Market Overview:
The global agriculture energy conservation technology market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about the benefits of using energy conservation technologies in agriculture among farmers and ranchers, rising prices of fuel and electricity, and government initiatives for promoting the adoption of these technologies. Based on type, combustible fuels energy accounted for the largest share of the global agriculture energy conservation technology market in 2017. This segment is projected to grow at a CAGR of 6.8% during the forecast period from 2018 to 2030 due to its high efficiency and low cost as compared to other forms of energy such as heat or renewable energy sources.
Product Definition:
The term "agriculture energy conservation technology" refers to any number of devices or practices that help farmers use less energy in their agricultural operations. Some common examples include variable-speed drives on irrigation pumps, LED lighting, and low-emission tractors.
Agriculture energy conservation technology is important because it helps reduce the amount of fossil fuels used in agriculture, which can lead to reduced emissions and lower costs for farmers. In addition, using less energy also helps protect the environment by reducing greenhouse gas emissions.
Combustible Fuels Energy:
The combustion of fossil fuels in energy generation plants produces carbon dioxide, sulfur dioxide, nitrogen oxides and other gases. Some of the by-products produced are toxic to human health and environment. To reduce these effects; sustainable methods have been developed for the efficient use of fossil fuels in energy production processes.
Heat Energy:
The heat energy generated from the combustion of fuels is used in various applications such as drying, pasteurization, and heating. The agricultural industry has witnessed a rapid growth over the past few years owing to increasing demand for food across the globe. This has led to an increase in demand for technologies that can reduce water consumption by crops and help maintain optimum temperature & humidity levels during farming which eventually reduces cost incurred by farmers.
Application Insights:
The crop cultivation system segment dominated the global agriculture energy conservation technology market in 2017. This is attributed to the rising need for adopting advanced technologies to conserve energy and reduce costs while maintaining productivity. The adoption of such technologies helps farmers earn higher incomes by reducing expenditure on power, labor and other resources required for farming activities.
Livestock production systems are expected to grow at a significant rate over the forecast period owing to increasing awareness among livestock owners regarding improved animal health and comfort as well as increased food output through better management practices such as crop rotations with different types of soil or pastures that are suitable for specific breeds of animals. Such factors help improve overall farm productivity leading to an increase in demand for agricultural machinery which eventually benefits farmers across various regions globally.
Regional Analysis:
North America dominated the global agriculture energy conservation technology market in 2017. The region is expected to witness a considerable growth rate over the forecast period owing to increasing awareness regarding energy conservation among farmers. Moreover, government initiatives and policies are also encouraging farmers to adopt various forms of energy-efficient technologies for agricultural activities, which will drive the market further.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid economic development coupled with rising population in countries such as China and India. These two countries alone contributed more than 50% of Asia’s total population but only 10% land area is utilized for agricultural purposes due to lack of water resources, infrastructure facilities, etc., thus creating huge potential for investment opportunities in this sector over next few years.
Growth Factors:
- Increasing demand for food due to population growth
- Rising awareness about the benefits of agriculture energy conservation technology
- Government initiatives and subsidies for the adoption of agriculture energy conservation technology
- Technological advancements in agriculture energy conservation technology
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriculture Energy Conservation Technology Market Research Report
By Type
Combustible Fuels Energy, Heat Energy, Renewable Energy, Electricity Energy
By Application
Crop Cultivation System, Livestock Production Systems, Production Practices, Others
By Companies
Philips, Unilever, McCormick, Ameresco, Franklin Energy, DENSO, Van Meter, CropX, Moasis, Valoya, Growing Underground, Deere
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Agriculture Energy Conservation Technology Market Report Segments:
The global Agriculture Energy Conservation Technology market is segmented on the basis of:
Types
Combustible Fuels Energy, Heat Energy, Renewable Energy, Electricity Energy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Crop Cultivation System, Livestock Production Systems, Production Practices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Unilever
- McCormick
- Ameresco
- Franklin Energy
- DENSO
- Van Meter
- CropX
- Moasis
- Valoya
- Growing Underground
- Deere
Highlights of The Agriculture Energy Conservation Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Combustible Fuels Energy
- Heat Energy
- Renewable Energy
- Electricity Energy
- By Application:
- Crop Cultivation System
- Livestock Production Systems
- Production Practices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agriculture Energy Conservation Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agriculture Energy Conservation Technology (AECT) is a suite of technologies that help farmers and ranchers conserve energy in their operations. AECT can include things like improving irrigation systems, installing LED lighting, and using more efficient machinery.
Some of the major players in the agriculture energy conservation technology market are Philips, Unilever, McCormick, Ameresco, Franklin Energy, DENSO, Van Meter, CropX, Moasis, Valoya, Growing Underground, Deere.
The agriculture energy conservation technology market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriculture Energy Conservation Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agriculture Energy Conservation Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agriculture Energy Conservation Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agriculture Energy Conservation Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agriculture Energy Conservation Technology Market Size & Forecast, 2018-2028
4.5.1 Agriculture Energy Conservation Technology Market Size and Y-o-Y Growth
4.5.2 Agriculture Energy Conservation Technology Market Absolute $ Opportunity
Chapter 5 Global Agriculture Energy Conservation Technology Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Agriculture Energy Conservation Technology Market Size Forecast by Type
5.2.1 Combustible Fuels Energy
5.2.2 Heat Energy
5.2.3 Renewable Energy
5.2.4 Electricity Energy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agriculture Energy Conservation Technology Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Agriculture Energy Conservation Technology Market Size Forecast by Applications
6.2.1 Crop Cultivation System
6.2.2 Livestock Production Systems
6.2.3 Production Practices
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriculture Energy Conservation Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agriculture Energy Conservation Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Agriculture Energy Conservation Technology Analysis and Forecast
9.1 Introduction
9.2 North America Agriculture Energy Conservation Technology Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Agriculture Energy Conservation Technology Market Size Forecast by Type
9.6.1 Combustible Fuels Energy
9.6.2 Heat Energy
9.6.3 Renewable Energy
9.6.4 Electricity Energy
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Agriculture Energy Conservation Technology Market Size Forecast by Applications
9.10.1 Crop Cultivation System
9.10.2 Livestock Production Systems
9.10.3 Production Practices
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Agriculture Energy Conservation Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Agriculture Energy Conservation Technology Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Agriculture Energy Conservation Technology Market Size Forecast by Type
10.6.1 Combustible Fuels Energy
10.6.2 Heat Energy
10.6.3 Renewable Energy
10.6.4 Electricity Energy
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Agriculture Energy Conservation Technology Market Size Forecast by Applications
10.10.1 Crop Cultivation System
10.10.2 Livestock Production Systems
10.10.3 Production Practices
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Agriculture Energy Conservation Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agriculture Energy Conservation Technology Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Agriculture Energy Conservation Technology Market Size Forecast by Type
11.6.1 Combustible Fuels Energy
11.6.2 Heat Energy
11.6.3 Renewable Energy
11.6.4 Electricity Energy
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Agriculture Energy Conservation Technology Market Size Forecast by Applications
11.10.1 Crop Cultivation System
11.10.2 Livestock Production Systems
11.10.3 Production Practices
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Agriculture Energy Conservation Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Agriculture Energy Conservation Technology Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Agriculture Energy Conservation Technology Market Size Forecast by Type
12.6.1 Combustible Fuels Energy
12.6.2 Heat Energy
12.6.3 Renewable Energy
12.6.4 Electricity Energy
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Agriculture Energy Conservation Technology Market Size Forecast by Applications
12.10.1 Crop Cultivation System
12.10.2 Livestock Production Systems
12.10.3 Production Practices
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Agriculture Energy Conservation Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agriculture Energy Conservation Technology Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Agriculture Energy Conservation Technology Market Size Forecast by Type
13.6.1 Combustible Fuels Energy
13.6.2 Heat Energy
13.6.3 Renewable Energy
13.6.4 Electricity Energy
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Agriculture Energy Conservation Technology Market Size Forecast by Applications
13.10.1 Crop Cultivation System
13.10.2 Livestock Production Systems
13.10.3 Production Practices
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agriculture Energy Conservation Technology Market: Competitive Dashboard
14.2 Global Agriculture Energy Conservation Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Unilever
14.3.3 McCormick
14.3.4 Ameresco
14.3.5 Franklin Energy
14.3.6 DENSO
14.3.7 Van Meter
14.3.8 CropX
14.3.9 Moasis
14.3.10 Valoya
14.3.11 Growing Underground
14.3.12 Deere
