United States Precision Agriculture Market 2025 | Growth Drivers, Market Size, Forecast & Investment Opportunities

Market Size and Growth

The Global Precision Agriculture Market reached USD 7 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 18 billion by 2031. The market is expected to exhibit a CAGR of 12.5% during the forecast period 2024-2031.

Recent Mergers and Acquisitions & Key Development:

United States: Recent Industry Developments

✅ In August 2025, John Deere announced a $20 billion investment over the next decade to enhance U.S. operations. This initiative includes developing new products, advanced manufacturing capabilities, and expanding facilities like the $70 million excavator factory in North Carolina and a $150 million renovation of its East Moline factory to produce high-capacity X9 combines.

✅ In August 2025, a leading U.S. food manufacturer acquired a vertically integrated indoor farming operation focused on leafy greens and microgreens, strengthening its fresh produce sourcing in urban markets.

✅ In July 2025, SpaceX partnered with CNH Industrial to provide satellite internet connectivity via Starlink. This collaboration aims to enhance CNH's precision farming technologies, including autonomous operations and optimized seeding, by enabling reliable internet access even in remote rural areas.

✅ In June 2025, Bonsai Robotics secured $15 million in Series A funding to develop autonomous machines for harvesting tree crops like almonds. This technology addresses labor shortages in farming and aims to reduce dependency on a predominantly immigrant workforce.

Japan: Recent Industry Developments

✅ In August 2025, Japan announced a $100 million investment in AI-powered agriculture to enhance soil health and optimize crop yields. This investment signals a growing focus on technology to address infrastructure gaps in agriculture.

✅ In July 2025, the Japan-India Joint Working Group concluded its third meeting at Chandra Shekhar Azad University of Agriculture and Technology in Kanpur. The initiative promotes agricultural technology collaboration, emphasizing large-scale demonstration units and integrating Japanese agri-tech into local conditions.

✅ In February 2025, Yamaha Motor launched Yamaha Agriculture, focusing on autonomous equipment and AI-powered digital solutions for specialty crop production. This initiative aims to address labor shortages and enhance sustainability in agriculture.

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Precision Agriculture is a modern farming approach that uses technology such as GPS, IoT sensors, drones, and data analytics to monitor and optimize crop production. It enhances resource efficiency, improves yield, reduces environmental impact, and enables data-driven decision-making in agriculture.

Key Players:

-> AGCO Corporation, Agribotix LLC, Agjunction Inc., CropMetrics LLC, Deere and Company, Farmers Edge Inc., Grownetics, Inc., Granular, Inc, Raven Industries, and Trimble, Inc.

Growth Forecast Projected:

The Global Precision Agriculture 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 Agriculture 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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Key Segments:

➥ By Offering: Software, Hardware, Services
➥ By Application: Crop Scouting, Field Mapping, Precision Irrigation, Irrigation Management, Weather Tracking & Forecasting, Yield Monitoring, Others
➥ By Technology: Remote Sensing, Guidance System, Variable Rate Technology

Regional Analysis for Precision Agriculture Market:

⇥ 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:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Precision Agriculture producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Precision Agriculture revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Precision Agriculture Market?

A: In 2022, the Precision Agriculture Market was valued at USD 7 billion in 2022 , reflecting its strong industry presence.

Q2: How large is the Precision Agriculture Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Precision Agriculture Market will grow to around USD 18 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Precision Agriculture Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2024 to 2031.

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