The North America precision agriculture market has been expanding rapidly due to increasing adoption of advanced farming technologies, automation in agriculture, and the rising need for sustainable food production. Precision agriculture leverages GPS, IoT, sensors, and AI-driven analytics to enhance crop productivity, reduce input costs, and minimize environmental impact. Farmers across the region are increasingly adopting these solutions to meet the growing demand for food while conserving natural resources.
North America Precision Agriculture Market Growth Size
The North America precision agriculture market size reached USD 4.52 Billion in 2024. Driven by technological innovation, government initiatives supporting smart farming, and the need for efficient resource management, the market is projected to grow significantly. By 2034, it is expected to attain nearly USD 12.95 Billion, reflecting strong industry adoption across farming communities.
North America Precision Agriculture Market Growth Trends
Several trends are shaping the North American precision agriculture industry. The growing integration of AI and machine learning is enabling farmers to make data-driven decisions regarding irrigation, fertilization, and pest control. Additionally, the adoption of drones, satellite imagery, and autonomous tractors is transforming traditional farming into highly efficient and predictive operations. Sustainability is another major trend, with farmers focusing on reducing water usage, optimizing fertilizers, and lowering carbon emissions while maximizing yields.
Market Segmentation: North America Precision Agriculture Market
By Type:
- Automation and Control Systems
- Sensing and Monitoring Devices
- Farm Management Systems
By Component:
- Hardware
- Software
By Application:
- Mapping
- Crop Scouting
- Yield Monitoring
- Soil Monitoring
- Precision Irrigation
- Others
North America Precision Agriculture Market Growth Growth
The growth of the precision agriculture market in North America is being driven by the increasing demand for high-yield crop production, climate-smart practices, and farm digitization. Supportive policies from governments and agri-tech investments are further fueling growth. The rising population and growing food demand are also pushing farmers to embrace precision farming tools that improve efficiency and profitability. This growth reflects a fundamental shift toward smart farming ecosystems that ensure long-term agricultural resilience.
North America Precision Agriculture Market Growth Forecast
The market is projected to register a CAGR of 11.10% between 2025 and 2034, highlighting a strong growth trajectory. With the rising adoption of IoT-enabled sensors, cloud-based farm management software, and automation solutions, the sector is expected to witness significant transformation. By 2034, North America’s precision agriculture industry will play a central role in ensuring food security while addressing challenges of land scarcity, resource management, and climate change.
Competitive Analysis
The North America precision agriculture market is moderately consolidated, with global players and regional innovators competing to strengthen their presence. Companies are focusing on technology integration, product innovation, and partnerships with agribusinesses to enhance their offerings.
- AGCO Corporation (NYSE: AGCO): Known for its advanced machinery and smart farming solutions that improve productivity.
- Deere & Company (NYSE: DE): A global leader in agricultural equipment, offering cutting-edge GPS and IoT-enabled technologies.
- Raven Industries, Inc. (NASDAQ: RAVN): Specializes in precision ag technology, particularly in autonomous and remote sensing systems.
- Trimble Inc. (NASDAQ: TRMB): Provides GPS, mapping, and software solutions that enable farmers to optimize operations.
- AgJunction, Inc.: Focuses on innovative precision steering and machine control systems for farmers.
- Others: Emerging players and startups are entering the market with AI-driven analytics, drone technology, and farm management platforms.
To receive the full market report, please enter your company’s email address in the link below and one of our analysts will contact you.
Contact us:
Location: 30 North Gould Street, Sheridan, WY 82801
Phone: +1-415-325-5166
Please feel free to contact us with any questions or for more information about our reports and market research services. Our team is at your disposal.
