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Precision Farming Market: Smart Agriculture Trends, Growth & Future Outlook 2024-2031 | Top key players - Deere and Company, Farmers Edge Inc., CropMetrics LLC.

03-27-2025 06:19 AM CET | Energy & Environment

Press release from: DataM Intelligence 4Market Research

Precision Farming Market

Precision Farming Market

The Precision Farming Market is estimated to reach at a CAGR of 7.50% during the forecast period 2024-2031.

Precision Farming Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Precision Farming Market focuses on technology-driven agricultural practices that optimize crop yield, resource efficiency, and farm productivity. Growth is driven by the adoption of GPS-guided equipment, IoT-enabled sensors, AI-based analytics, and drone monitoring. Increasing demand for sustainable farming, automation, and climate-smart agriculture is fueling innovation in variable rate technology (VRT), remote sensing, and farm management software.

List of the Key Players in the Precision Farming Market:

Ag Leader Technology, AgJunction, Inc., AGCO Corporation, AgEagle Aerial Systems Inc. (Agribotix LLC), Deere and Company, Farmers Edge Inc., CropMetrics LLC, Granular, Inc., Raven Industries, Inc., and Trimble, Inc.

Buy Direct Purchase Here: https://www.datamintelligence.com/buy-now-page?report=precision-farming-market?sz

Industry Development:

On January 7, 2020, Ag Leader announced the expansion of its precision farming portfolio with the launch of SureSpeedTM, a high-accuracy, high-speed planting technology. Designed to provide row crop farmers with precise seed distribution at speeds of up to 12 miles per hour, SureSpeedTM enhances planting efficiency and accuracy. Kinze Manufacturing collaborated on the development of the meter and integrated delivery system. The technology was set to be available for the 2021 planting season through the dealer networks of both manufacturers.

Growth Forecast Projected:

The Global Precision Farming Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Precision Farming Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Precision Farming Market:

By Technology: Guidance Technology, Remote Sensing Technology, Variable Rate Technology.

By Offering: Hardware, Software, Services.

By Application: Yield Monitoring, Crop Scouting, Field Mapping, Variable Rate Application, Weather Tracing & Forecasting, Inventory Management, Farm Labor Management, Financial Management, Others.

Regional Analysis for Precision Farming Market:

The regional analysis of the Precision Farming Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/precision-farming-market

People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Precision Farming market?

➠ Who are the leading manufacturers in the global Precision Farming industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Precision Farming industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Precision Farming market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

Browse More Reports: https://www.datamintelligence.com/research-report/precision-farming-market

Carbon Farming Market: https://www.datamintelligence.com/research-report/carbon-farming-market

Regenerative Seaweed Farming Market: https://www.datamintelligence.com/research-report/regenerative-seaweed-farming-market

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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