Agriculture M2M Industry Report 2024: Expansion of Smart Farming Practices Generates New Opportunities in Agriculture M2M - Forecasts to 2030 [Yahoo! Finance]
Lindsay Corporation (LNN)
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Source: Yahoo! Finance
The global market for Agriculture M2M was estimated at US$3.4 Billion in 2023 and is projected to reach US$5.5 Billion by 2030, growing at a CAGR of 7.1% from 2023 to 2030. Why Is Agriculture M2M Becoming Essential for Modern Farming? The adoption of Agriculture M2M is becoming increasingly essential due to its ability to significantly improve farm efficiency and sustainability. One of the primary benefits is the enhanced ability to monitor and manage agricultural activities in real-time, leading to precise resource allocation. For instance, smart irrigation systems equipped with M2M technology can adjust water usage based on soil moisture levels, reducing waste and promoting sustainable water management. Additionally, M2M solutions enable predictive maintenance of agricultural machinery, minimizing downtime and extending equipment lifespan. This technology also plays a crucial role in ensuring food safety and traceability, as it allows for detailed tracking of agricultural produ
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LNN
Earnings
- 6/27/24 - Beat
LNN
Sec Filings
- 7/16/24 - Form 4
- 7/15/24 - Form 144
- 6/27/24 - Form 10-Q
- LNN's page on the SEC website