Precision Farming Market Size, Share, and Trends 2025 to 2034

The global precision farming market size is estimated at USD 14.18 billion in 2025 and is predicted to reach around USD 43.64 billion by 2034, accelerating at a CAGR of 13.30% from 2025 to 2034. The North America precision farming market size was calculated at USD 5.51 billion in 2024 and is expected to grow at a fastest CAGR of 13.32% during the forecast year. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : May 2025  |  Report Code : 1851  |  Category : Agriculture  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Precision Farming Market 

5.1. COVID-19 Landscape: Precision Farming Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Precision Farming Market, By Offering

8.1. Precision Farming Market, by Offering

8.1.1 Hardware

8.1.1.1. Market Revenue and Forecast

Chapter 9. Global Precision Farming Market, By Application

9.1. Precision Farming Market, by Application

9.1.1. Yield Monitoring

9.1.1.1. Market Revenue and Forecast

9.1.2. Crop Scouting

9.1.2.1. Market Revenue and Forecast

9.1.3. Field Mapping

9.1.3.1. Market Revenue and Forecast

9.1.4. Variable Rate Application

9.1.4.1. Market Revenue and Forecast

9.1.5. Weather Tracking and Forecasting

9.1.5.1. Market Revenue and Forecast

9.1.6. Inventory Management

9.1.6.1. Market Revenue and Forecast

9.1.7. Farm Labor Management

9.1.7.1. Market Revenue and Forecast

9.1.8. Financial Management

9.1.8.1. Market Revenue and Forecast

9.1.9. Others

9.1.9.1. Market Revenue and Forecast

Chapter 10. Global Precision Farming Market, By Technology 

10.1. Precision Farming Market, by Technology

10.1.1. Precision Farming Guidance System

10.1.1.1. Market Revenue and Forecast

10.1.2. Remote Sensing Precision Farming

10.1.2.1. Market Revenue and Forecast

10.1.3. Variable-Rate Technology Precision Farming

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Precision Farming Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Offering

11.1.2. Market Revenue and Forecast, by Application

11.1.3. Market Revenue and Forecast, by Technology

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Offering

11.1.4.2. Market Revenue and Forecast, by Application

11.1.4.3. Market Revenue and Forecast, by Technology

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Offering

11.1.5.2. Market Revenue and Forecast, by Application

11.1.5.3. Market Revenue and Forecast, by Technology

11.2. Europe

11.2.1. Market Revenue and Forecast, by Offering

11.2.2. Market Revenue and Forecast, by Application

11.2.3. Market Revenue and Forecast, by Technology

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Offering

11.2.4.2. Market Revenue and Forecast, by Application

11.2.4.3. Market Revenue and Forecast, by Technology

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Offering

11.2.5.2. Market Revenue and Forecast, by Application

11.2.5.3. Market Revenue and Forecast, by Technology

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Offering

11.2.6.2. Market Revenue and Forecast, by Application

11.2.6.3. Market Revenue and Forecast, by Technology

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Offering

11.2.7.2. Market Revenue and Forecast, by Application

11.2.7.3. Market Revenue and Forecast, by Technology

11.3. APAC

11.3.1. Market Revenue and Forecast, by Offering

11.3.2. Market Revenue and Forecast, by Application

11.3.3. Market Revenue and Forecast, by Technology

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Offering

11.3.4.2. Market Revenue and Forecast, by Application

11.3.4.3. Market Revenue and Forecast, by Technology

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Offering

11.3.5.2. Market Revenue and Forecast, by Application

11.3.5.3. Market Revenue and Forecast, by Technology

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Offering

11.3.6.2. Market Revenue and Forecast, by Application

11.3.6.3. Market Revenue and Forecast, by Technology

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Offering

11.3.7.2. Market Revenue and Forecast, by Application

11.3.7.3. Market Revenue and Forecast, by Technology

11.4. MEA

11.4.1. Market Revenue and Forecast, by Offering

11.4.2. Market Revenue and Forecast, by Application

11.4.3. Market Revenue and Forecast, by Technology

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Offering

11.4.4.2. Market Revenue and Forecast, by Application

11.4.4.3. Market Revenue and Forecast, by Technology

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Offering

11.4.5.2. Market Revenue and Forecast, by Application

11.4.5.3. Market Revenue and Forecast, by Technology

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Offering

11.4.6.2. Market Revenue and Forecast, by Application

11.4.6.3. Market Revenue and Forecast, by Technology

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Offering

11.4.7.2. Market Revenue and Forecast, by Application

11.4.7.3. Market Revenue and Forecast, by Technology

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Offering

11.5.2. Market Revenue and Forecast, by Application

11.5.3. Market Revenue and Forecast, by Technology

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Offering

11.5.4.2. Market Revenue and Forecast, by Application

11.5.4.3. Market Revenue and Forecast, by Technology

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Offering

11.5.5.2. Market Revenue and Forecast, by Application

11.5.5.3. Market Revenue and Forecast, by Technology

Chapter 12. Company Profiles

12.1. AG DNA

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. AG Junction

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. AG Leader Technology

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. AGCO Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Agribotix

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Bayer CropScience AG

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Case IH Agriculture

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. ClearAg Operations

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Conservis Corporation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Deere & Company

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global precision farming market size was accounted at USD 12.52 billion in 2024 and it is expected to reach around USD 43.64 billion by 2034.

The global precision farming market is poised to grow at a CAGR of 13.30% from 2025 to 2034.

The major players operating in the precision farming market are AG DNA, AG Junction, AG Leader Technology, AGCO Corporation, Agribotix, Bayer CropScience AG, Case IH Agriculture, ClearAg Operations, Conservis Corporation, Deere & Company

The main elements driving the development of the accuracy cultivating market is the Rapid reception of cutting-edge innovations in accuracy cultivating to decrease work cost, Increased reception of Internet of Things (IoT) gadgets in rural fields, Substantial expense reserve funds related with accuracy cultivating, Climate change and need to fulfill rising need for food and Increasing advancement of accuracy cultivating procedures by states around the world.

North America region will lead the global precision farming market during the forecast period 2025 to 2034.

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