
North America Precision Agriculture Market Size, Share, Trends and Forecast by Technology, Type, Component, Application, and Country, 2025-2033
Description
The North America precision agriculture market size was valued at USD 4.71 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 11.48 Billion by 2033, exhibiting a CAGR of 9.97% from 2025-2033. The North America precision agriculture market share is expanding, driven by the growing demand for food production, with farmers preferring modern ways to cultivate more crops with fewer resources, along with rising investments in technological innovations that enable effective fertilization and pest control, which saves resources, improves crop management, and enhances yields.
The increasing focus on crop health is impelling the market growth in North America. Farmers look for ways to improve yields and reduce losses. With the help of advanced tools like drones and sensors, farmers can monitor crop conditions in real time and detect early signs of diseases, nutrient deficiencies, or pest infestations. This allows targeted interventions, minimizing the need for widespread pesticide or fertilizer use. By focusing on crop health, farmers can optimize resources and minimize costs while improving overall productivity. Precision tools also help to track soil health, moisture levels, and environmental factors that affect crops, ensuring that right conditions are maintained for growth.
The rising adoption of sustainability is offering a favorable North America precision agriculture market outlook. Farmers focus on reducing their environmental impact. Precision agriculture helps in achieving this by employing technology to apply resources like water, fertilizers, and pesticides more efficiently, minimizing waste and pollution. Through tools like soil sensors and drones, farmers can monitor crop health and soil conditions in real time, making adjustments as needed to decrease chemical use and conserve water. These sustainable practices not only aid in preserving the environment but also lower operational costs. With the growing concerns about climate change and resource scarcity, precision agriculture provides an effective way to reduce the ecological footprint.
North America Precision Agriculture Market Trends:
Growing demand for food production
The increasing demand for food production in the region, with farmers seeking ways to cultivate more crops with fewer resources, is fueling the market growth. With a rising population and changing dietary habits, the need to improve food product supply is higher. As per the data published on the official website of the United States Census Bureau, as of February 3, 2025, the population of the United States was 341,281,817. Precision agriculture helps to optimize resources like water, fertilizers, and pesticides, ensuring they are employed efficiently to enhance yields. Besides this, advanced technologies like global positioning system (GPS) and sensors allow farmers to monitor their crops in real-time, making it easier to identify problems and take quick action. By minimizing waste, precision agriculture assists in maximizing productivity, making it a key solution for feeding a larger and more urbanized population while lowering environmental impact.
Technological advancements
Innovations in technology are helping farmers to provide efficiency and reduce costs. Instruments, such as GPS, drones, and IoT sensors enable farmers to observe crops, soil quality, and weather conditions, assisting them in making improved choices. These technologies facilitate accurate irrigation, fertilization, and pest management, conserving resources and boosting production. With the rise of automation, farmers can manage tasks using less manpower and increased precision. Furthermore, the utilization of artificial intelligence (AI) and data analytics enhances decision-making, optimizing crop management and sustainability. Additionally, government organizations invest in AI technologies, facilitating the employment of these advancements. In April 2024, the Prime Minister of Canada, Justin Trudeau revealed a USD2.4 Billion set of initiatives from the forthcoming Budget 2024 to bolster the country's AI edge. These investments aim to speed up job creation in Canada’s AI industry and other areas and increase productivity by assisting firms in developing and incorporating AI.
Rising investments in research activities
Increasing investments in research activities are fueling the North America precision agriculture market growth. As companies and government agencies invest more in research, new tools like AI, machine learning (ML), and modern sensors are being developed to improve farming efficiency. These tools help farmers to employ data more effectively to make better decisions on crop management, irrigation, and fertilization. Besides this, the rising funding is making cutting-edge technologies more accessible to farmers, allowing them to adopt precision agriculture solutions. Research also focuses on creating more sustainable farming practices, reducing waste, and improving crop yields while minimizing environmental impact. In August 2024, a group of scientists from various parts of Canada, headed by Dr. Aitazaz Farooque, the acting associate dean at the UPEI School of Climate Change and Adaptation, secured USD 6.93 Million in federal funding to create precision agriculture methods aimed at ensuring food security and addressing climate change.
North America Precision Agriculture Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America precision agriculture market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on technology, type, component, and application.
Analysis by Technology:
Analysis by Type:
Analysis by Component:
Analysis by Application:
Country Analysis:
Competitive Landscape:
Key players in the market are providing advanced technology, smart farming solutions, and data-driven insights for catering to the high North America precision agriculture market demand. Big companies are developing GPS-guided tractors, drones, and IoT-enabled sensors for helping farmers to optimize crop yields and minimize waste. They employ AI-powered software that analyzes weather patterns, soil conditions, and pest threats, allowing farmers to improve their decision-making. Major agritech firms also offer automated irrigation and fertilizer management systems to conserve resources and boost productivity. With the high requirement for sustainable farming, they focus on eco-friendly solutions that reduce chemical use and enhance soil health. These companies also provide cloud-based platforms for real-time monitoring and remote farm management. By integrating new technology into agriculture, key players assist farmers in ensuring profitability and lower costs, making farming more precise and effective. For instance, in March 2024, FMC Corporation, a prominent company in agricultural sciences, teamed up with Novonesis, a pioneer in plant biosolutions, in Canada to broaden its biologicals crop protection platform in key markets. This joint venture utilized Novonesis' Plant Biosolutions Manufacturing and Research facility in Saskatoon, Canada, alongside FMC's large scale market insights and proficiency in assimilating biological solutions with precision agriculture technologies and synthetic crop protection.
The report provides a comprehensive analysis of the competitive landscape in the North America precision agriculture market with detailed profiles of all major companies, including:
1.How big is the North America precision agriculture market in the region?
2.What factors are driving the growth of the North America precision agriculture market?
3.What is the forecast for the North America precision agriculture market in the region?
4.Which segment accounted for the largest North America precision agriculture technology market share?
5.Which segment accounted for the largest North America precision agriculture type market share?
6.Which segment accounted for the largest North America precision agriculture component market share?
7.Which segment accounted for the largest North America precision agriculture application market share?
The increasing focus on crop health is impelling the market growth in North America. Farmers look for ways to improve yields and reduce losses. With the help of advanced tools like drones and sensors, farmers can monitor crop conditions in real time and detect early signs of diseases, nutrient deficiencies, or pest infestations. This allows targeted interventions, minimizing the need for widespread pesticide or fertilizer use. By focusing on crop health, farmers can optimize resources and minimize costs while improving overall productivity. Precision tools also help to track soil health, moisture levels, and environmental factors that affect crops, ensuring that right conditions are maintained for growth.
The rising adoption of sustainability is offering a favorable North America precision agriculture market outlook. Farmers focus on reducing their environmental impact. Precision agriculture helps in achieving this by employing technology to apply resources like water, fertilizers, and pesticides more efficiently, minimizing waste and pollution. Through tools like soil sensors and drones, farmers can monitor crop health and soil conditions in real time, making adjustments as needed to decrease chemical use and conserve water. These sustainable practices not only aid in preserving the environment but also lower operational costs. With the growing concerns about climate change and resource scarcity, precision agriculture provides an effective way to reduce the ecological footprint.
North America Precision Agriculture Market Trends:
Growing demand for food production
The increasing demand for food production in the region, with farmers seeking ways to cultivate more crops with fewer resources, is fueling the market growth. With a rising population and changing dietary habits, the need to improve food product supply is higher. As per the data published on the official website of the United States Census Bureau, as of February 3, 2025, the population of the United States was 341,281,817. Precision agriculture helps to optimize resources like water, fertilizers, and pesticides, ensuring they are employed efficiently to enhance yields. Besides this, advanced technologies like global positioning system (GPS) and sensors allow farmers to monitor their crops in real-time, making it easier to identify problems and take quick action. By minimizing waste, precision agriculture assists in maximizing productivity, making it a key solution for feeding a larger and more urbanized population while lowering environmental impact.
Technological advancements
Innovations in technology are helping farmers to provide efficiency and reduce costs. Instruments, such as GPS, drones, and IoT sensors enable farmers to observe crops, soil quality, and weather conditions, assisting them in making improved choices. These technologies facilitate accurate irrigation, fertilization, and pest management, conserving resources and boosting production. With the rise of automation, farmers can manage tasks using less manpower and increased precision. Furthermore, the utilization of artificial intelligence (AI) and data analytics enhances decision-making, optimizing crop management and sustainability. Additionally, government organizations invest in AI technologies, facilitating the employment of these advancements. In April 2024, the Prime Minister of Canada, Justin Trudeau revealed a USD2.4 Billion set of initiatives from the forthcoming Budget 2024 to bolster the country's AI edge. These investments aim to speed up job creation in Canada’s AI industry and other areas and increase productivity by assisting firms in developing and incorporating AI.
Rising investments in research activities
Increasing investments in research activities are fueling the North America precision agriculture market growth. As companies and government agencies invest more in research, new tools like AI, machine learning (ML), and modern sensors are being developed to improve farming efficiency. These tools help farmers to employ data more effectively to make better decisions on crop management, irrigation, and fertilization. Besides this, the rising funding is making cutting-edge technologies more accessible to farmers, allowing them to adopt precision agriculture solutions. Research also focuses on creating more sustainable farming practices, reducing waste, and improving crop yields while minimizing environmental impact. In August 2024, a group of scientists from various parts of Canada, headed by Dr. Aitazaz Farooque, the acting associate dean at the UPEI School of Climate Change and Adaptation, secured USD 6.93 Million in federal funding to create precision agriculture methods aimed at ensuring food security and addressing climate change.
North America Precision Agriculture Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America precision agriculture market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on technology, type, component, and application.
Analysis by Technology:
- GNSS/GPS Systems
- GIS
- Remote Sensing
- Variable Rate Technology (VRT)
- Others
Analysis by Type:
- Automation and Control Systems
- Sensing and Monitoring Devices
- Farm Management Systems
Analysis by Component:
- Hardware
- Software
Analysis by Application:
- Mapping
- Crop Scouting
- Yield Monitoring
- Soil Monitoring
- Precision Irrigation
- Others
Country Analysis:
- United States
- Canada
Competitive Landscape:
Key players in the market are providing advanced technology, smart farming solutions, and data-driven insights for catering to the high North America precision agriculture market demand. Big companies are developing GPS-guided tractors, drones, and IoT-enabled sensors for helping farmers to optimize crop yields and minimize waste. They employ AI-powered software that analyzes weather patterns, soil conditions, and pest threats, allowing farmers to improve their decision-making. Major agritech firms also offer automated irrigation and fertilizer management systems to conserve resources and boost productivity. With the high requirement for sustainable farming, they focus on eco-friendly solutions that reduce chemical use and enhance soil health. These companies also provide cloud-based platforms for real-time monitoring and remote farm management. By integrating new technology into agriculture, key players assist farmers in ensuring profitability and lower costs, making farming more precise and effective. For instance, in March 2024, FMC Corporation, a prominent company in agricultural sciences, teamed up with Novonesis, a pioneer in plant biosolutions, in Canada to broaden its biologicals crop protection platform in key markets. This joint venture utilized Novonesis' Plant Biosolutions Manufacturing and Research facility in Saskatoon, Canada, alongside FMC's large scale market insights and proficiency in assimilating biological solutions with precision agriculture technologies and synthetic crop protection.
The report provides a comprehensive analysis of the competitive landscape in the North America precision agriculture market with detailed profiles of all major companies, including:
- Agilent Technologies Inc
- Aegon Ltd
- Trimble Inc
- AGCO Corp
- CNH Industrial NV
- CropX
- Deere & Co
- Topcon Corp
1.How big is the North America precision agriculture market in the region?
2.What factors are driving the growth of the North America precision agriculture market?
3.What is the forecast for the North America precision agriculture market in the region?
4.Which segment accounted for the largest North America precision agriculture technology market share?
5.Which segment accounted for the largest North America precision agriculture type market share?
6.Which segment accounted for the largest North America precision agriculture component market share?
7.Which segment accounted for the largest North America precision agriculture application market share?
Table of Contents
121 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Precision Agriculture Market
- 5.1 Market Performance
- 5.2 Market Breakup by Technology
- 5.3 Market Breakup by Type
- 5.4 Market Breakup by Component
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
- 6 North America Precision Agriculture Market
- 6.1 Market Performance
- 6.2 Impact of COVID-19
- 6.3 Market Forecast
- 7 North America Precision Agriculture Market: Breakup by Technology
- 7.1 GNSS/GPS Systems
- 7.2 GIS
- 7.3 Remote Sensing
- 7.4 Variable Rate Technology (VRT)
- 7.5 Others
- 8 North America Precision Agriculture Market: Breakup by Type
- 8.1 Automation and Control Systems
- 8.2 Sensing and Monitoring Devices
- 8.3 Farm Management Systems
- 9 North America Precision Agriculture Market: Breakup by Component
- 9.1 Hardware
- 9.2 Software
- 10 North America Precision Agriculture Market: Breakup by Application
- 10.1 Mapping
- 10.2 Crop Scouting
- 10.3 Yield Monitoring
- 10.4 Soil Monitoring
- 10.5 Precision Irrigation
- 10.6 Others
- 11 North America Precision Agriculture Market: Breakup by Country
- 11.1 United States
- 11.1.1 Historical Market Trends
- 11.1.2 Market Breakup by Technology
- 11.1.3 Market Breakup by Type
- 11.1.4 Market Breakup by Component
- 11.1.5 Market Breakup by Application
- 11.1.6 Market Forecast
- 11.2 Canada
- 11.2.1 Historical Market Trends
- 11.2.2 Market Breakup by Technology
- 11.2.3 Market Breakup by Type
- 11.2.4 Market Breakup by Component
- 11.2.5 Market Breakup by Application
- 11.2.6 Market Forecast
- 12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
- 13 Value Chain Analysis
- 14 Porter’s Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Rivalry
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Agilent Technologies Inc
- 15.3.2 Aegon Ltd
- 15.3.3 Trimble Inc
- 15.3.4 AGCO Corp
- 15.3.5 CNH Industrial NV
- 15.3.6 CropX
- 15.3.7 Deere & Co
- 15.3.8 Topcon Corp
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