United States Smart Farming Market to hit US$ 6.73 Billion by 2031 | Top Companies - XAG, Ag Leader Technology, Inc., AgJunction Inc.

Leander, Texas and Tokyo, Japan - Jan.16.2026
As per DataM intelligence research report "Global Smart Farming Market reached US$ 11.12 billion in 2022 and is expected to reach US$ 22.45 billion by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031."

The smart farming market is booming as IoT, AI, and precision agriculture transform traditional farming into data-driven, high-efficiency operations. Advanced sensors, drones, and automated irrigation systems enhance yield and resource management. Growing demand for sustainable agriculture and urban food production is driving rapid global adoption.

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Smart Farming Market: Competitive Intelligence
XAG, Ag Leader Technology, Inc., AgJunction Inc., Deere & Company, Afimilk Agricultural Cooperative Ltd., DeLaval, AKVA Group

In the Smart Farming Market, XAG, Ag Leader Technology, Inc., AgJunction Inc., Deere & Company, Afimilk Agricultural Cooperative Ltd., DeLaval, and AKVA Group collectively drive the adoption of precision agriculture, automation, and data-driven decision-making that elevate operational efficiency and sustainability across crop and livestock production systems. These companies deliver technologies-including autonomous drones and robotics, advanced guidance and farm management software, precision control systems, and sensor-driven monitoring-that help farmers optimize inputs, reduce waste, and increase yields while responding to environmental and regulatory pressures. By integrating digital tools with practical farm workflows, they support improved animal welfare, resource use efficiency, and traceability from field to fork. Their global footprints and cross-sector reach enable diverse customer segments from small farms to large commercial operations to adopt scalable smart farming solutions. Together, they reinforce the Smart Farming Market as a cornerstone of modern agriculture transformation.

Individually and in combination, these firms' strengths bolster competitive differentiation and innovation within the Smart Farming Market by blending hardware, software, and domain expertise that span crop production, livestock management, and aquaculture. XAG's leadership in agricultural robotics and autonomous spraying platforms enhances operational automation and labor-efficiency gains. Ag Leader Technology and AgJunction Inc. bring precision guidance systems, machine control, and integrated agronomic data platforms that improve the accuracy and effectiveness of farming operations. Deere & Company's broad portfolio of precision tractors, implements, and connectivity solutions integrates digital tools with traditional equipment to support holistic farm management. Afimilk Agricultural Cooperative Ltd. and DeLaval deepen the market's livestock segment with sensor-based monitoring and automated milking and health-management systems that improve productivity and animal care. AKVA Group extends smart farming into aquaculture with technology solutions that optimize fish feeding, water quality, and operational analytics. Together, these capabilities create a dynamic ecosystem where interoperable technologies accelerate adoption and broaden the impact of smart innovations across agricultural value chains.

XAG strengthens the Smart Farming Market by providing autonomous agricultural drones and robotic systems that perform precision spraying, seeding, and field monitoring, helping farmers reduce chemical use and improve application accuracy. Ag Leader Technology, Inc. enhances this landscape with advanced GPS-based guidance, yield mapping, and decision-support software that enable data-centric crop management and more precise input placement. AgJunction Inc.'s machine control and steering systems improve field operation accuracy and reduce overlap, supporting fuel savings and soil conservation. Deere & Company amplifies market reach with a comprehensive suite of connected equipment and farm management solutions that integrate real-time data streams across implements, sensors, and analytics, empowering large and small producers to make better operational decisions. Afimilk Agricultural Cooperative Ltd. contributes intelligent livestock monitoring systems that track rumination, heat detection, and animal movement to support herd health and reproduction outcomes. DeLaval adds automated milking and barn-management technologies that enhance dairy production efficiency and animal welfare. AKVA Group extends smart capabilities into aquaculture with integrated feeding systems, environmental sensors, and performance analytics that support sustainable fish farming operations. Together, these companies exemplify the technological breadth, practical application focus, and global execution that define the evolving Smart Farming Market, enabling producers to meet productivity, sustainability, and profitability goals in an increasingly competitive agricultural landscape.

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United States: Recent Industry Developments

✅ In January 2026, Deere & Company launched automated smart farming platforms integrating AI-guided tractors, robotics-assisted planting, and real-time crop monitoring to optimize yield and resource utilization.

✅ In November 2025, Raven Industries invested $40 million in IoT and AI-enabled farm automation solutions, deploying robotics-assisted seeding and crop monitoring for precision agriculture.

✅ In August 2025, Trimble Agriculture implemented automated smart irrigation and fertilizer application systems with AI analytics, enabling real-time decision-making and optimized input usage.

✅ In June 2025, AGCO Corporation introduced robotics and AI-integrated autonomous vehicles for smart farming operations, increasing efficiency, precision, and reduced manual labor on farms.

Japan: Recent Industry Developments

✅ In January 2026, Kubota Corporation deployed AI-driven smart farming equipment, supported by $25 million investment, integrating autonomous tractors, robotic seeding, and real-time crop monitoring to boost productivity.

✅ In October 2025, Yanmar Holdings implemented robotics-assisted smart farming platforms with IoT integration for precision planting and monitoring across rice and vegetable crops.

✅ In July 2025, Iseki & Co., Ltd introduced AI and robotics-assisted farm machinery to automate irrigation, fertilization, and harvesting for increased efficiency.

✅ In April 2025, Fujitsu Japan piloted smart farm solutions combining robotics, AI analytics, and IoT sensors to improve decision-making and crop management.

Segment Covered in the Smart Farming Market:
By Agriculture Type
The market is segmented into precision farming (35%), livestock monitoring (25%), fish farming (10%), smart greenhouse (15%), and others (15%). Precision farming dominates due to its ability to optimize crop yields, reduce input costs, and enhance sustainability. Livestock monitoring is growing with IoT adoption in dairy and meat production, while smart greenhouses and fish farming solutions are gaining traction in controlled environment agriculture.

By Offering
Offerings include hardware (30%), software (25%), monitors, controllers & sensors (20%), service & system integration (15%), and connectivity & professional services (10%). Hardware adoption is high due to IoT sensors and controllers for real-time monitoring. Software and cloud-based solutions are growing rapidly for data-driven decision-making. System integration and managed services support scalability and ease of adoption for farm operators.

By Solution
Solutions include network management (20%), agriculture asset management (25%), smart water management (20%), logistics & supply chain management (15%), and others (20%). Asset and water management dominate due to their impact on efficiency and sustainability. Supply chain and logistics solutions are expanding with demand for traceability and farm-to-fork transparency.

By Farm Size
Farm sizes include small farms (30%), medium farms (40%), and large farms (30%). Medium farms lead due to higher adoption of precision technologies and sufficient resources to invest in smart farming solutions. Large farms adopt advanced systems for efficiency, while small farms increasingly leverage affordable IoT-based solutions and cloud platforms.

By Distribution Channel
Distribution channels include company stores (25%), e-commerce (30%), specialty stores (20%), and others (25%). E-commerce is growing rapidly due to easy access to smart farming devices and software subscriptions. Company stores and specialty distributors remain critical for hardware deployment and technical support.

By Application
Applications include yield monitoring (20%), field mapping (15%), crop scouting (15%), weather tracking & forecasting (10%), irrigation management (15%), feeding management (10%), milk harvesting (5%), fish tracking (5%), and others (5%). Yield monitoring and irrigation management dominate as they directly impact productivity and resource optimization. Crop scouting and precision analytics support proactive management of farm health.

By End-User
End-users include agriculture (50%), livestock (30%), and aquaculture (20%). Agriculture leads due to extensive adoption of precision farming and IoT solutions. Livestock monitoring grows with dairy and meat production, while aquaculture adoption is increasing in controlled fish and shrimp farms.

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Regional Analysis
North America - 35% Share
North America dominates with advanced adoption of precision farming, IoT connectivity, and strong government support for smart agriculture initiatives.

Europe - 25% Share
Europe is growing due to sustainability regulations, subsidies for smart agriculture, and strong digital farm technology adoption in Germany, France, and the Netherlands.

Asia Pacific - 25% Share
Asia Pacific is witnessing rapid growth driven by large-scale agriculture, government programs for digital farming, and increasing awareness in China, India, and Japan.

Latin America - 10% Share
Latin America shows moderate adoption, primarily in Brazil and Argentina, due to large agricultural operations and increasing investment in IoT technologies.

Middle East & Africa - 5% Share
The Middle East & Africa market is emerging, supported by smart greenhouse projects, aquaculture initiatives, and government investments in modern farming practices.

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✅ Competitive Landscape
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✅ Sustainability Impact Analysis
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