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North America Precision Farming Market Size & Outlook

The precision farming market in North America is expected to reach a projected revenue of US$ 12,147.5 million by 2033. A compound annual growth rate of 12.1% is expected of North America precision farming market from 2026 to 2033.
Revenue, 2025 (US$M)
$4,959.7
Estimate, 2026 (US$M)
$5,474.3
Forecast, 2033 (US$M)
$12,147.5
CAGR, 2026 - 2033
12.1%

North America precision farming market highlights

  • The North America precision farming market generated a revenue of USD 4,959.7 million in 2025.
  • The market is expected to grow at a CAGR of 12.1% from 2026 to 2033.
  • In terms of segment, hardware was the largest revenue generating offering in 2025.
  • Software is the most lucrative offering segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2026 to 2033.


North America data book summary

Market revenue in 2025USD 4,959.7 million
Market revenue in 2033USD 12,147.5 million
Growth rate12.1% (CAGR from 2026 to 2033)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideAgilent Technologies Inc, Aegon Ltd, Trimble Inc, AGCO Corp, CNH Industrial NV, CropX, Deere & Co, Topcon Corp, AgriFORCE Growing Systems Ltd, Fairfax Financial Holdings Ltd Shs Subord.Vtg, US Global Investors Inc Class A, System1 Inc, Monsanto


Other key industry trends

  • In terms of revenue, North America region accounted for 32.8% of the global precision farming market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 11,735.4 million by 2033.

Guidance system had the highest adoption rate in the U.S. in 2021 as it used in about half of the land used for growing crops such as rice, peanuts, and corn. However, GPS soil mapping and VRT lagged in terms of adoption rate in the U.S.

The adoption of VRT requires specialized machinery with automated control for input flow rate that is to be integrated with the seeding equipment. This has made the adoption of VRT harder in-order plant crops. Given its natural resources, Canada has always been strong in the agricultural sector.

The Canadian government generally focuses more on investing in R&D for agriculture as compared to the U.S. This has resulted in the establishment of an extensive network of research centers and universities involved in producing agtech research in Canada. Since government funding focuses mainly on start-ups and research, many of the projects remain underfunded as a majority of investors favor well-established companies.

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Publish Date: Jun 10, 2026

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Precision Farming Market Companies

NameProfile# EmployeesHQWebsite
Deere & CoView profile 83,000One John Deere Place, Moline, IL, United States, 61265www.deere.com
CNH Industrial NVView profile 40,496Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3ADwww.cnhindustrial.com
Topcon CorpView profile 5,54375-1 Hasunuma-cho, Itabashi-ku, Tokyo, Japan, 1748580www.topcon.co.jp
Agilent Technologies IncView profile 17,7005301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051www.agilent.com
Trimble IncView profile 12,70010368 Westmoor Drive, Westminister, CO, United States, 80021www.trimble.com
Fairfax Financial Holdings Ltd Shs Subord.VtgView profile 51,04495 Wellington Street West, Suite 800, Toronto, ON, Canada, M5J 2N7www.fairfax.ca
CropXView profile 101-250Netanya, HaMerkaz, Israel, Asiacropx.com/
MonsantoView profile 10001+Saint Louis, Missouri, United States, North Americawww.monsanto.com
AGCO CorpView profile 27,9004205 River Green Parkway, Duluth, GA, United States, 30096www.agcocorp.com
AgriFORCE Growing Systems LtdView profile 7800 – 525 West 8th Avenue, Vancouver, BC, Canada, V5Z 1C6www.agriforcegs.com

North America Precision Farming Market Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Precision Farming Market Outlook will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 61.64% in 2025.

Horizon Databook has segmented the North America precision farming market based on hardware, software, services covering the revenue growth of each sub-segment from 2021 to 2033.




Guidance system had the highest adoption rate in the U.S. in 2021 as it used in about half of the land used for growing crops such as rice, peanuts, and corn. However, GPS soil mapping and VRT lagged in terms of adoption rate in the U.S.

The adoption of VRT requires specialized machinery with automated control for input flow rate that is to be integrated with the seeding equipment. This has made the adoption of VRT harder in-order plant crops. Given its natural resources, Canada has always been strong in the agricultural sector.

The Canadian government generally focuses more on investing in R&D for agriculture as compared to the U.S. This has resulted in the establishment of an extensive network of research centers and universities involved in producing agtech research in Canada. Since government funding focuses mainly on start-ups and research, many of the projects remain underfunded as a majority of investors favor well-established companies.

  • North America Precision Farming Market Offering Outlook (Revenue, USD Million , 2021-2033)
    • Hardware
    • Software
    • Services
  • North America Precision Farming Market Application Outlook (Revenue, USD Million , 2021-2033)
    • Crop scouting
    • Yield monitoring
    • Field mapping
    • Weather tracking & forecasting
    • Inventory management
    • Irrigation management
    • Farm labor management

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Precision Farming Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Precision Farming Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

North America Precision Farming Market, 2021-2033 (US$M)

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North America Offering - Precision Farming Market Statistics, 2025 - 2033 (US$M)

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North America precision farming market statistics, by country, 2021-2033 (USD Million)

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