Precision Farming Market Set to Surge from $12.8 Billion in 2025 to $21.2 Billion by 2030

Precision farming presents significant opportunities through advanced technologies like GPS, IoT, AI, and VRT for efficient, sustainable agriculture. Key growth drivers include enhanced crop yields, reduced labor costs, and optimized resource use, meeting global demands sustainably across diverse regions.


Dublin, Dec. 10, 2025 (GLOBE NEWSWIRE) -- The "Global Markets for Precision Farming" has been added to ResearchAndMarkets.com's offering.

The global precision farming market is slated for substantial growth, with projections estimating expansion from $12.8 billion in 2025 to $21.2 billion by 2030, achieving a compound annual growth rate (CAGR) of 10.6% during this period. This growth trajectory reflects the increasing adoption of sophisticated technologies designed to optimize agricultural operations by analyzing and responding to field variability.

Key technological advancements fueling this sector include global positioning systems (GPS) and geographic information systems (GIS) for precision mapping, drones and satellites for real-time crop monitoring, and the Internet of Things (IoT) for soil and weather data collection. These innovations, coupled with big data analytics and artificial intelligence (AI), empower farmers to make informed, data-driven decisions, thereby enhancing crop yield and resource efficiency.

The application of these technologies extends far beyond traditional practices, offering significant enhancements in efficiency, sustainability, and profitability. Variable rate technology (VRT) allows precise application of seeds, fertilizers, and pesticides, minimizing waste and environmental impact. Meanwhile, automated machinery guided by GPS ensures accurate planting and harvesting, boosting productivity while reducing labor costs and human error. Such advancements are pivotal in transforming agriculture to meet the growing global demand for food sustainably.

Report Scope

This comprehensive report delves into the global precision farming market, analyzing trends and segmenting the market based on solutions (hardware, software, service) and applications (crop management, livestock monitoring, precision irrigation, soil health, fertilizer and pesticide management, among others). The analysis spans various regions, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa (MEA), highlighting major trends, challenges, and the competitive landscape.

The report features insights on environmental, social, and corporate governance (ESG) developments, industry trends, and emerging technologies. It examines the competitive dynamics, offering in-depth profiles of market leaders and assesses global supply chain frameworks using advanced analytical models like Porter's Five Forces. Moreover, the document includes a comprehensive study of patent activities, market structures, strategic alliances, and financial activities like mergers, acquisitions, and venture funding, outlining the strategic maneuvers of major industry players such as AGCO Corp., Deere & Co., CNH Industrial N.V., Hexagon AB, and Kubota Corp.

Report Includes

  • 46 data tables and 54 insightful tables
  • In-depth market analysis with revenue projections from 2024 to 2030
  • Market share and revenue forecast by solution, application, and region
  • Insights from global supply chain analyses and ESG trends
  • Profiled analyses of leading companies and strategic analysis through Porter's Five Forces
  • Detailed coverage of sector investments, strategic developments, and M&A activities

Key Attributes:

Report AttributeDetails
No. of Pages174
Forecast Period2025 - 2030
Estimated Market Value (USD) in 2025$12.8 Billion
Forecasted Market Value (USD) by 2030$21.2 Billion
Compound Annual Growth Rate10.6%
Regions CoveredGlobal


Companies Featured

  • Agco Corp.
  • AG Leader Technology
  • Climate Llc.
  • CNH Industrial N.V.
  • Corteva
  • Cropx Inc.
  • Deere & Co.
  • Dickey-John
  • Farmers Edge Inc.
  • Hexagon Ab
  • Kubota Corp.
  • Taranis
  • Teejet Technologies
  • Topcon Corp.
  • Trimble Inc.

For more information about this report visit https://www.researchandmarkets.com/r/wke7un

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Attachment

 
Global Precision Farming Market

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