This statistic displays the annual value of machinery expenses in Northern Ireland from 2010 to 2022. The annual expenditure on farm machinery generally increased over the time in consideration from 131.6 million British pounds in 2010 to 158.8 million British pounds in 2021.

This statistic illustrates the number of people employed in agriculture in the United Kingdom (UK) from 2003 to 2023. In 2023, the workforce in the agriculture sector was made up of approximately 419 thousand people. Additionally, the share of food sector employment in the total workforce in the United Kingdom can be found at the following. UK agriculture Agriculture is a large part of the economy in the United Kingdom. In 2021, the projected gross value added of agriculture was about 12.1 billion British pounds, an increase from previous years. The total agricultural land area in the United Kingdom was about 18.1 million hectares in 2022 and has remained fairly constant since 2003. Crop production in the UK The value of fresh vegetable production in the UK has been increasing since 2014 and was valued at about 1.8 billion Great British pounds in 2022. The value of potato production has fluctuated in recent years, but had a value of 705 million Great British pounds in 2022 with about 4.8 million tons of potatoes harvested.

As of the first quarter of 2025, there were approximately ********people employed in the agriculture, forestry, and fishing sector in the UK, compared with ********in the first quarter of 2000.

The UK agricultural equipment market is expected to reach 35,796 units of shipment by 2028 growing at a CAGR of 3.59%. UK agricultural machinery market grew by 2.3% in 2022 from 2021.

In 2024, the gross value added of the agriculture sector in the United Kingdom amounted to approximately **** billion British pounds, compared with **** billion pounds in 2023.

The United Kingdom Agricultural Machinery Market Report is Segmented by Type Into Tractors, Equipment, Irrigation Machinery, Harvesting Machinery, Haying and Forage Machinery, and Other Machinery Types. The Report Offers Market Size and Forecast in Terms of Value in (USD) for the Abovementioned Segments.

In 2021, the agriculture industry in the United Kingdom (UK) is forecast to spend around ****** million U.S. dollars on software. By 2024, this number is projected to increase to roughly ***** million U.S. dollars.

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Smart Agriculture Market Size 2024-2028

The smart agriculture market size is forecast to increase by USD 10.98 billion at a CAGR of 10.22% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. The availability of affordable cloud services is encouraging farmers to adopt smart farming techniques. Big data is being increasingly utilized in smart farming to enhance crop yields and optimize resource usage.
However, the high initial investment required for implementing smart farming remains a challenge for many farmers. Despite this, the benefits of improved crop yields, reduced water usage, and increased efficiency are driving the market forward. Smart agriculture is revolutionizing the agricultural sector by integrating technology into traditional farming practices, leading to more sustainable and productive farming methods.

What will be the Size of the Smart Agriculture Market During the Forecast Period?

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The market is experiencing significant growth as farmers and aquaculture farm owners seek to optimize production and improve crop and livestock health through the integration of advanced technologies. The Internet of Things (IoT) and machine learning are driving innovation in this space, enabling remote monitoring and automation of various farm operations.
Smart technologies, such as sensors, RFID, GPS, and Wi-Fi technology, are used to collect real-time data on crop growth, soil conditions, livestock health, and infrastructure health. Automation through robots and automatic feeders is also becoming increasingly common, allowing for more precise and efficient farming practices. Artificial intelligence and machine learning algorithms are used to analyze data and provide recommendations to farmers, improving crop quality and reducing the need for manual labor.
The market for smart agriculture is expected to continue growing as the demand for protein-rich diets drives up the need for more efficient and sustainable farming practices. Smart technologies are transforming traditional agricultural practices, making farming more data-driven and automated, and enabling farmers to make informed decisions in real-time.

How is this Smart Agriculture Industry segmented and which is the largest segment?

The smart agriculture industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Precision farming
  Smart greenhouse
  Livestock monitoring
  Others


Product

  Hardware
  Software
  Services


Geography

  North America

    Canada
    US


  Europe

    UK


  APAC

    China
    India


  South America



  Middle East and Africa

By Type Insights

The precision farming segment is estimated to witness significant growth during the forecast period.

In the realm of modern agriculture, the hardware segment holds significant importance In the implementation of smart farming practices. This segment encompasses the physical devices and equipment engineered to boost productivity, efficiency, and sustainability. Key hardware components include sensors and monitoring systems. These devices collect real-time data on environmental factors and crop conditions, measuring parameters such as temperature, humidity, soil moisture, pH levels, nutrient content, and weather conditions. Monitoring systems integrate this data, providing farmers with valuable insights for informed decision-making. Other hardware segments include Internet of Things (IoT) devices, such as remotely operated vehicles (ROVs), automatic feeders, and milking robots, which contribute to precision farming and livestock monitoring.

Additionally, machine learning and artificial intelligence technologies are integrated into hardware systems to optimize crop yields, improve livestock health, and minimize resource consumption. Farm owners of various scales, from large to small, benefit from these smart agricultural technologies, addressing challenges like land fragmentation, input and resource management, and environmental concerns, such as nitrogen cycle management, waterways protection, and land and water degradation. The hardware segment also includes services, such as precision feeding systems, robotic systems, and specialized services, which cater to the needs of farmers and livestock farmers in the decentralized agriculture industry. The software segment, which includes livestock monitoring solutions, livestock feeding systems, livestock biometrics, and fish farm monitoring, complements the hardware segment by providing real-time data analysis, variable rate technology, smart irrigation controllers, and inventory management solutions.

The integration of hardware and software in smart agriculture leads to improved c

The total factor productivity of the agricultural industry in the United Kingdom is an indicator of the efficiency and competitiveness of the industry. It is a key measure of the economic performance of agricultural industry and an important driver of farm incomes. It represents how efficiently the agricultural industry uses the resources that are available to turn inputs into outputs.

Source agency: Environment, Food and Rural Affairs Designation: National Statistics Language: English Alternative title: Total Factor Productivity of UK agriculture

If you require the datasets in a more accessible format, please contact farmaccounts@defra.gsi.gov.uk.

Farmers' income and production incentives, weather conditions, the cost of borrowing and wholesale bypass are key drivers of the performance of agricultural machinery and equipment wholesalers. The biggest wholesalers have strong links with large global agricultural machinery manufacturers, which is a significant source of strength, particularly in harsh market conditions. Revenue is expected to contract at a compound annual rate of 0.8% to £10.6 billion over the five years through 2024-25 despite a 3.8% uptick in revenue in 2024-25. Volatile weather conditions have had a major impact on UK farmers' incomes, with heatwaves and record rainfall leading to low crop yields. Despite the Annual Investment Allowance (AIA) increasing to £1 million in January 2019, designed to incentivise capital expenditure, economic uncertainty and inflation (resulting in a high cost of borrowing) have tempered its effectiveness. Farm consolidation has driven demand for larger, high-tech machinery (high precision, automated systems) as larger farms seek ways to boost efficiency and take advantage of economies of scale. In 2024-25, revenue growth will be supported by a general improvement in economic conditions and a strengthening of the pound. Interest rates are set to fall, encouraging farms to purchase machinery on finance. At the same time, a stronger pound lowers the cost of importing things like tractors and combine harvesters from the EU and other major manufacturing countries. Lower purchase costs will enable wholesalers to cut prices and spark demand from farmers who have postponed major purchases during sky-high interest rates. Growing global demand for meat and vegetables will support UK farmers, particularly as export opportunities expand following the opening of beef exports to China and Japan. The transition to eco-friendly farming, driven by the goal of a net zero agricultural sector by 2040, will encourage investment in electric agricultural machinery. The post-Brexit subsidy scheme will continue to eat into farmers' income, potentially limiting revenue. Revenue is forecast to grow at a compound annual rate of 5.2% over the five years through 2029-30 to £13.7 billion.

United Kingdom Precision Farming Market was valued at USD 118.56 million in 2023 and is expected to reach USD 146.42 million by 2029 with a CAGR of 3.54% during the forecast period.

The UK agricultural harvester market reduced markedly to $1.1B in 2024, with a decrease of -22.6% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2024: its value increased at an average annual rate of +2.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Agricultural harvester consumption peaked at $1.4B in 2023, and then declined rapidly in the following year.

In 2021, there were approximately *** thousand people employed by businesses in the agriculture, forestry, and fishing sector in the United Kingdom, with ** thousand people employed in businesses that employed *** or more people.

UK Agriculture Robots Market is predicted to reach $612.31 million by 2030 with a CAGR of 9.5%% from 2023 to 2030

Revenue is forecast to climb at a compound annual rate of 2% over the five years through 2024-25 to £141 million. The primary drivers of revenue growth are agricultural income and robust government support through several schemes and grants which allow small and medium farms to adopt precision farming systems. Significant inflationary pressures in 2022-23 actually aided farmers, as rising output prices led to soaring agricultural income, giving farmers more money to invest in new technology and systems. This coincided with favourable weather conditions during the 2022-23 planting and harvest season, which resulted in high production volumes, lifting farmers’ revenue and spurring strong industry revenue growth of 14.2%. During 2024-25, revenue growth is expected to slow to 2.6% and industry profit to dip to 7.1% as unfavourable weather has slashed the planted area of all key crops by 11%, according to Defra, which is set to hit farmers’ ability to invest in precision systems. However, government investment will continue to support farmers’ income and R&D investment. Revenue is forecast to expand at a compound annual rate of 7.1% over the five years through 2029-30 to £198.3 million. Ongoing technological advancements are likely to be a key driver of growth in the coming years as new developments make advanced technologies more affordable and even lead to the development of completely new precision agricultural products. The UK’s environmental and agricultural policies will continue to be key drivers of precision agriculture systems uptake, as this will be key to achieving the country’s net zero targets and to boost sustainable food production.