PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1731130
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1731130
The U.S. precision agriculture systems & services market was valued at USD 7.5 billion in 2024 and is projected to grow at a compound annual growth rate of 7.8% from 2025 to 2032, reaching USD 13.5 billion by 2032. This growth is fueled by the increasing need for optimized crop yields, resource efficiency, and cost-effective farming practices. The adoption of advanced technologies such as GPS, IoT, drones, and AI in agriculture is transforming traditional farming into data-driven operations.
Government initiatives promoting sustainable agriculture and the growing awareness among farmers about the benefits of precision farming are supporting market expansion. Additionally, rising demand for food due to population growth and climate change challenges are prompting greater investment in precision agriculture solutions.
Key Insights
The market is segmented by technology into guidance, remote sensing, variable-rate technology, GPS/GNSS, geo-mapping, in-ground sensors, targeted systems, automated mechanical weeding, and others, with guidance systems holding the largest share.
Hardware components such as sensors, drones, and GPS receivers are widely adopted, while software solutions and services are gaining traction for data analytics and decision support.
Applications include field mapping, crop scouting, yield monitoring, irrigation management, and farm labor management.
Regions such as the Midwest and California dominate due to extensive farmlands, technological readiness, and supportive agricultural policies.
Leading players like Deere & Company, Trimble Inc., AGCO Corporation, and CNH Industrial focus on innovation, partnerships, and integrated platforms.
Rising use of mobile apps and cloud-based farm management tools is enhancing precision farming capabilities.
Data analytics and AI integration are improving predictive modeling and real-time decision-making in crop management.
Government subsidies and cost-sharing programs are encouraging adoption among small and medium-scale farmers.
Environmental concerns and regulatory pressures on water use and chemical applications are promoting precision solutions for sustainable farming.