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North America Precision Agriculture Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

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    Report

  • 145 Pages
  • August 2025
  • Region: North America
  • Expert Market Research
  • ID: 5898076
The North America precision agriculture market size reached around USD 4.52 Billion in 2024. The market is projected to grow at a CAGR of 11.10% between 2025 and 2034 to reach nearly USD 12.95 Billion by 2034.

The industry in North America is leading the global market due to the rising adoption of precision agriculture in various countries, such as the United States and Canada. Precision agriculture provides farmers with exact planting time, harvesting time, and crop rotation. It helps them to cut down on extra use of water, pesticides, fertilizers, and herbicides in the production process, consequently making it cost-effective for farmers.

The technologies further help farmers to be updated about the latest innovation in the industry; as a result, aiding the industry growth in the region. The growing awareness of sustainable agricultural activities for improving the productivity, the efficiency of the agricultural process, and food security are accelerating the industry growth.

Market Segmentation

Precision agriculture, variously known as satellite agriculture or site-specific crop management (SSCM), is one of the most popular innovations of modern farming. It is the concept which aims at increasing the production of food with the use of less agricultural inputs by determining precise variabilities within a field, alongside decreasing the total production cost.

The North America precision agriculture market is divided on the basis of technology into:

  • GNSS/GPS Systems
  • GIS
  • Remote Sensing
  • Variable Rate Technology (VRT)
  • Others

On the basis of type, the industry is categorised into:

  • Automation and Control Systems
  • Sensing and Monitoring Devices
  • Farm Management Systems

On the basis of component, the industry is bifurcated into:

  • Hardware
  • Software

On the basis of application, the industry is divided into:

  • Mapping
  • Crop Scouting
  • Yield Monitoring
  • Soil Monitoring
  • Precision Irrigation
  • Others

The report also covers the regional markets of the technology like:

  • United States
  • Canada

Market Analysis

The industry in North America is driven by the increasing adoption of smartphones and other intelligent mediums to remain informed about the latest technology or advancement in the agricultural sector. The increasing population and inflating disposable income are aiding the industry growth in the region. Furthermore, precision agriculture offers techniques that help farmers easily determine favourable weather conditions for the growth of the plant by the use of sensors, placed all around the region. These sensors are linked to digital applications and record rainfall, soil conditions in various areas; as a result, increasing farmer’s benefits, thus, accelerating the industry growth.

The industry is further aided by the ability of precision agriculture techniques to help envision production levels, sunlight intensity, soil moisture in real-time, leading to quick decision-making. The use of the technology further aids proper analysation of the production quality and provides customised treatment for the agricultural problems, thereby boosting the growth of the industry. The farmers are educated through these analyses about the processes to be used in the production process to enhance the quality of the final product, thereby propelling the industry growth.

Competitive Landscape

The report analyses the following key players in the North America precision agriculture market, covering their capacities, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers, acquisitions, and investments:
  • AGCO Corporation (NYSE: AGCO)
  • Deere & Company (NYSE: DE)
  • Raven Industries, Inc. (NASDAQ: RAVN)
  • Trimble Inc. (NASDAQ: TRMB)
  • AgJunction, Inc.
  • Others
The report covers the macro and micro aspects of the industry. The comprehensive report provides an in-depth assessment of the industry based on Porter’s five forces model along with giving a SWOT analysis. It also provides an overview of the global market, covering the types, components, applications, and major regions of the industry.

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Precision Agriculture Market Overview
5.1 Key Industry Highlights
5.2 Global Precision Agriculture Historical Market (2018-2024)
5.3 Global Precision Agriculture Market Forecast (2025-2034)
5.4 Global Precision Agriculture Market by Technology
5.5 Global Precision Agriculture Market by Type
5.6 Global Precision Agriculture Market by Component
5.7 Global Precision Agriculture Market by Application
5.8 Global Precision Agriculture Market by Region
5.8.1 North America
5.8.2 Europe
5.8.3 Asia-Pacific
5.8.4 Latin America
5.8.5 Middle East and Africa
6 North America Precision Agriculture Market Analysis
6.1 Key Industry Highlights
6.2 North America Precision Agriculture Historical Market (2018-2024)
6.3 North America Precision Agriculture Market Forecast (2025-2034)
6.4 North America Precision Agriculture Market by Technology
6.4.1 GNSS/GPS Systems
6.4.1.1 Historical Trend (2018-2024)
6.4.1.2 Forecast Trend (2025-2034)
6.4.2 GIS
6.4.2.1 Historical Trend (2018-2024)
6.4.2.2 Forecast Trend (2025-2034)
6.4.3 Remote Sensing
6.4.3.1 Historical Trend (2018-2024)
6.4.3.2 Forecast Trend (2025-2034)
6.4.4 Variable Rate Technology (VRT)
6.4.4.1 Historical Trend (2018-2024)
6.4.4.2 Forecast Trend (2025-2034)
6.4.5 Others
6.5 North America Precision Agriculture Market by Type
6.5.1 Automation and Control Systems
6.5.1.1 Historical Trend (2018-2024)
6.5.1.2 Forecast Trend (2025-2034)
6.5.2 Sensing and Monitoring Devices
6.5.2.1 Historical Trend (2018-2024)
6.5.2.2 Forecast Trend (2025-2034)
6.5.3 Farm Management Systems
6.5.3.1 Historical Trend (2018-2024)
6.5.3.2 Forecast Trend (2025-2034)
6.6 North America Precision Agriculture Market by Component
6.6.1 Hardware
6.6.1.1 Historical Trend (2018-2024)
6.6.1.2 Forecast Trend (2025-2034)
6.6.2 Software
6.6.2.1 Historical Trend (2018-2024)
6.6.2.2 Forecast Trend (2025-2034)
6.7 North America Precision Agriculture Market by Application
6.7.1 Mapping
6.7.1.1 Historical Trend (2018-2024)
6.7.1.2 Forecast Trend (2025-2034)
6.7.2 Crop Scouting
6.7.2.1 Historical Trend (2018-2024)
6.7.2.2 Forecast Trend (2025-2034)
6.7.3 Yield Monitoring
6.7.3.1 Historical Trend (2018-2024)
6.7.3.2 Forecast Trend (2025-2034)
6.7.4 Soil Monitoring
6.7.4.1 Historical Trend (2018-2024)
6.7.4.2 Forecast Trend (2025-2034)
6.7.5 Precision Irrigation
6.7.5.1 Historical Trend (2018-2024)
6.7.5.2 Forecast Trend (2025-2034)
6.7.6 Others
6.8 North America Precision Agriculture Market by Country
6.8.1 United States
6.8.1.1 Canada
7 Regional Analysis
7.1 United States
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Technology
7.1.4 Breakup by Type
7.1.5 Breakup by Application
7.2 Canada
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.2.3 Breakup by Technology
7.2.4 Breakup by Type
7.2.5 Breakup by Application
8 Market Dynamics
8.1 SWOT Analysis
8.1.1 Strengths
8.1.2 Weaknesses
8.1.3 Opportunities
8.1.4 Threats
8.2 Porter’s Five Forces Analysis
8.2.1 Supplier’s Power
8.2.2 Buyers Power
8.2.3 Threat of New Entrants
8.2.4 Degree of Rivalry
8.2.5 Threat of Substitutes
8.3 Key Indicators for Demand
8.4 Key Indicators for Price
9 Value Chain Analysis
10 Competitive Landscape
10.1 Supplier Selection
10.2 Key Global Players
10.3 Key Regional Players
10.4 Key Player Strategies
10.5 Company Profiles
10.5.1 AGCO Corporation (NYSE: AGCO)
10.5.1.1 Company Overview
10.5.1.2 Product Portfolio
10.5.1.3 Demographic Reach and Achievements
10.5.1.4 Financial Summary
10.5.1.5 Certifications
10.5.2 Deere & Company (NYSE: DE)
10.5.2.1 Company Overview
10.5.2.2 Product Portfolio
10.5.2.3 Demographic Reach and Achievements
10.5.2.4 Financial Summary
10.5.2.5 Certifications
10.5.3 Raven Industries, Inc. (NASDAQ: RAVN)
10.5.3.1 Company Overview
10.5.3.2 Product Portfolio
10.5.3.3 Demographic Reach and Achievements
10.5.3.4 Financial Summary
10.5.3.5 Certifications
10.5.4 Trimble Inc. (NASDAQ: TRMB)
10.5.4.1 Company Overview
10.5.4.2 Product Portfolio
10.5.4.3 Demographic Reach and Achievements
10.5.4.4 Financial Summary
10.5.4.5 Certifications
10.5.5 AgJunction, Inc.
10.5.5.1 Company Overview
10.5.5.2 Product Portfolio
10.5.5.3 Demographic Reach and Achievements
10.5.5.4 Financial Summary
10.5.5.5 Certifications
10.5.6 Others

Companies Mentioned

The key companies featured in this North America Precision Agriculture market report include:
  • AGCO Corporation (NYSE: AGCO)
  • Deere & Company (NYSE: DE)
  • Raven Industries, Inc. (NASDAQ: RAVN)
  • Trimble Inc. (NASDAQ: TRMB)
  • AgJunction, Inc.

Table Information