The precision farming market is projected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, driven by factors such as increasing farm mechanization and rising global food demand. Key technologies include guidance systems, variable rate technology (VRT), and remote sensing, with North America expected to dominate the market. Major players include Deere & Company, Trimble, and AGCO Corporation, all contributing to innovative advancements in agricultural practices.

1. Precision Farming Market by Application, Future Demands, and Key Players, 2025

2. Scope of The Report
Research report categorizes the Precision Farming Market
based on Technology, Application, Offering
and Geography.
And More…
By Technology
• Guidance
• VRT
• Remote Sensing
By Application
• Crop Scouting
• Field Mapping
• Variable Rate Application

3. Key Segments
Americas expected to hold largest size of precision farming market during
forecast period
The major factors driving the growth of precision farming market
includes increasing farm mechanization in developing countries, rising
labor cost owing to shortage of skilled labor, increasing strain on the
global food supply owing to increasing population, substantial cost
savings associated with smart farming techniques, and government
initiatives to adopt modern agricultural techniques.
Guidance technology expected to hold largest market share in 2019
Hardware segment expected to continue to hold largest market share
throughout forecast period
Yield monitoring application to account for largest share of precision
farming market in 2020
The precision farming market is estimated to be USD 7.0 billion in 2020
and is projected to reach USD 12.8 billion by 2025, at a CAGR of 12.7%
between 2020 and 2025.1
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3
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4. Precision Farming Market Growth Rate
2025
Market Size of $
7.0 billion
Market Size of
$ 12.8 billion
2020
CAGR of 12.7%

5. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/precis
ion-farming-market-1243.html
• Deere & Company (John Deere) (US)
• Trimble, Inc. (Trimble) (US)
• AGCO Corporation (AGCO) (US)
• AgJunction Inc. (AgJunction) (US)
• Raven Industries Inc. (Raven) (US)
• AG Leader Technology (AG Leader) (US)
• Teejet Technologies (Teejet) (US)
• AgEagle Aerial Syetems (US)

6. Top Region..
• North America
• Europe
• APAC
• RoW
View Report Here - https://www.marketsandmarkets.com/Market-Reports/precision-farming-market-1243.html

7. 1. How huge is the opportunity for entrants in the precision farming market for the next five years
2. Which segment is expected to provide the most opportunity for growth?
3. Which are the major companies in the precision forestry market? What are their major strat
egies to strengthen their market presence?
4. Which region is expected to witness significant growth for precision farming market in the
coming years?
Frequently Asked Questions (FAQ) in Our Report
5. How will be adoption trend for variable rate application in precision farming market?

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