Press release
Precision Farming Market Hits New High | Major Giants Deere & Company, Trimble Inc., AGCO Corporation
HTF MI just released the Global Precision Farming Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.Major companies profiled in Precision Farming Market are: Deere & Company, Trimble Inc., AGCO Corporation, AgJunction LLC, Raven Industries, AG Leader Technology, SST Development Group, TeeJet Technologies, Topcon Positioning Systems, DICKEY-john Corporation.
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HTF Market Intelligence projects that the global Precision Farming market will expand at a compound annual growth rate (CAGR) of 12.7% from 2025 to 2032, from USD 14.77 Billion in 2025 to USD 26.86 Billion by 2032.
The following Key Segments Are Covered in Our Report
By Type
Guidance Systems, Remote Sensing, Variable Rate Technology, Telematics
By Application
Yield Monitoring, Field Mapping, Crop Scouting, Variable Rate Application
Definition: Precision farming, also known as precision agriculture, involves the use of advanced technologies to optimize field-level management regarding crop farming. This approach employs technologies such as GPS guidance, IoT sensors, drones, and data analytics to monitor and manage variability in crops, leading to more efficient use of inputs like fertilizers, pesticides, and water. The primary goal is to ensure profitability, sustainability, and protection of the environment. By collecting real-time data, farmers can make informed decisions that enhance yield and reduce waste. Despite its benefits, challenges such as high initial costs, the need for technical expertise, and data privacy issues persist. However, ongoing technological advancements and increasing awareness are driving its adoption globally.
Market Trends:
• Integration of AI and IoT, Development of autonomous equipment, Data-driven decision making
Market Drivers:
• Increasing global food demand, Technological advancements in agriculture, Government support for sustainable farming
Market Challenges:
• High initial investment, Limited technical knowledge among farmers, Data privacy concerns
Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Precision Farming market segments by Types: Guidance Systems, Remote Sensing, Variable Rate Technology, Telematics
Detailed analysis of Precision Farming market segments by Applications: Yield Monitoring, Field Mapping, Crop Scouting, Variable Rate Application
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Precision Farming Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Precision Farming Market:
Chapter 01 - Precision Farming Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Precision Farming Market - Pricing Analysis
Chapter 05 - Global Precision Farming Market Background or History
Chapter 06 - Global Precision Farming Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Precision Farming Market
Chapter 08 - Global Precision Farming Market Structure & worth Analysis
Chapter 09 - Global Precision Farming Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Precision Farming Market Research Methodology
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
Contact Us:
Nidhi Bhavsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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