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Smart Farming Equipment Market Forecasts to 2032 – Global Analysis By Product (Precision Seeders & Planters, Smart Irrigation Systems, Autonomous Tractors, Variable Rate Technology (VRT) Equipment, Smart Harvesters, Livestock Monitoring Devices, Drones &

Publisher Stratistics Market Research Consulting
Published Sep 25, 2025
Length 200 Pages
SKU # SMR20425456

Description

According to Stratistics MRC, the Global Smart Farming Equipment Market is accounted for $19.0 billion in 2025 and is expected to reach $47.3 billion by 2032 growing at a CAGR of 13.9% during the forecast period. Smart farming equipment is technologically advanced agricultural tools integrated with sensors, GPS, data analytics, and automation systems to optimize farming operations. These devices enable precision agriculture by monitoring soil conditions, crop health, and weather patterns, allowing for data-driven decisions. Examples include autonomous tractors, drone-based field surveillance, and IoT-enabled irrigation systems. Smart equipment enhances productivity, reduces resource waste, and supports sustainable farming practices by improving efficiency and accuracy in planting, fertilizing, harvesting, and overall farm management.

Additionally, to the International Journal of Agriculture Extension and Social Development highlights that precision agriculture using AI and IoT has led to 30% reductions in water usage and 40% improvements in fertilizer efficiency across pilot farms in India.

Market Dynamics:

Driver:

Need to feed an ever-increasing population

Smart farming equipment is emerging as a critical solution, enabling precision agriculture that maximizes yield while minimizing waste. Technologies such as GPS-guided tractors, automated irrigation systems, and AI-powered crop monitoring tools are helping farmers optimize inputs like water, fertilizer, and pesticides. These innovations are essential for meeting the growing demand for food in a sustainable manner. As urbanization expands and arable land becomes scarce, smart farming tools offer a way to boost productivity without compromising environmental health.

Restraint:

Limited internet connectivity and infrastructure

In rural and remote areas, unreliable internet access and lack of cellular coverage restrict the deployment of IoT-based farming solutions. This digital divide prevents farmers from leveraging real-time data analytics, cloud-based farm management platforms, and remote monitoring systems. Moreover, the high cost of installing connectivity infrastructure poses a challenge for small and medium-sized farms. Without robust digital networks, the full potential of smart farming equipment remains untapped, slowing market growth in underserved regions.

Opportunity:

Integration of services and software

Integrated platforms that combine sensor data, satellite imagery, and predictive analytics are transforming how farms are managed. These systems allow for seamless coordination between equipment, weather forecasts, crop models, and supply chain logistics. As interoperability improves, farmers can make faster, data-driven decisions that enhance productivity and reduce operational costs. The growing availability of cloud-based agricultural services and mobile apps is also making smart farming more accessible, especially for tech-savvy younger farmers entering the industry.

Threat:

Fluctuating commodity prices and farm income

Sudden drops in crop prices can discourage farmers from investing in expensive technologies, especially when profit margins are thin. Additionally, unpredictable weather patterns and geopolitical tensions can disrupt supply chains and affect farm income stability. These financial uncertainties make it difficult for farmers to plan long-term investments in automation and precision tools. As a result, manufacturers may face inconsistent demand, impacting production volumes and innovation cycles.

Covid-19 Impact:

The COVID-19 pandemic had a dual impact on the smart farming equipment market. On one hand, supply chain disruptions and labor shortages delayed equipment manufacturing and delivery, causing temporary setbacks. On the other hand, the crisis accelerated the adoption of automation and remote monitoring technologies, as farmers sought to reduce human contact and maintain operations during lockdowns. The pandemic highlighted the importance of resilient agricultural systems, prompting increased interest in digital tools that support remote diagnostics, autonomous machinery, and contactless farm management.

The variable rate technology (VRT) equipment segment is expected to be the largest during the forecast period

The variable rate technology (VRT) equipment segment is expected to account for the largest market share during the forecast period as it enables precise application of inputs like fertilizers, seeds, and pesticides based on real-time field data. This targeted approach not only improves crop yield but also reduces environmental impact and input costs. The widespread adoption of VRT is driven by its compatibility with GPS and GIS technologies, allowing farmers to tailor treatments to specific field zones. As sustainability becomes a priority, VRT is gaining traction for its role in resource-efficient farming.

The livestock monitoring segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the livestock monitoring segment is predicted to witness the highest growth rate owing to innovations in wearable sensors, RFID tags, and automated feeding systems are revolutionizing animal husbandry. These technologies provide continuous health tracking, behavioral analysis, and location monitoring, enabling early detection of diseases and optimizing breeding cycles. Rising concerns over animal welfare and food safety are further propelling demand for smart livestock solutions.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to its advanced agricultural infrastructure and high technology adoption rate. The region benefits from strong government support, extensive research initiatives, and a well-established network of agritech companies. Farmers in the U.S. and Canada are increasingly investing in precision tools to improve efficiency and meet sustainability goals. Moreover, the presence of major industry players and robust distribution channels contributes to the region’s dominant market position.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR fueled by rapid modernization of agriculture and increasing food demand. Countries like China, India, and Japan are investing heavily in smart farming technologies to address challenges such as labor shortages, fragmented land holdings, and climate variability. Local startups and international players are collaborating to develop affordable, scalable solutions tailored to regional needs, driving accelerated market expansion.

Key players in the market

Some of the key players in Smart Farming Equipment Market include Deere & Company, Trimble Inc., AGCO Corporation, Topcon Positioning Systems, The Climate Corporation, Raven Industries, Inc., Ag Leader Technology, Kubota Corporation, CNH Industrial N.V., CLAAS KGaA mbH, Netafim Ltd., DeLaval, Innovasea Systems, Inc., Heliospectra AB, Cropin, Farmers Edge Inc., Granular, Inc., Afimilk Ltd., BouMatic Robotic B.V and Iteris, Inc.

Key Developments:

In May 2025, CNH launched a new plan to double Precision Tech sales and refresh its tractor lineup. It targets 16–17% EBIT margins and 100% uptime via AI-powered service platforms.

In April 2025, Kubota unveiled a 3.8L hydrogen engine, HVO fuel sensor, and autonomous sprayer at Bauma 2025. These innovations support carbon-neutral farming and precision agriculture.

In March 2025, Netafim introduced Mega-PULSAR™, a precision misting system to protect orchards from heatwaves. It reduces crop stress and supports climate-resilient farming.

Products Covered:
• Precision Seeders & Planters
• Smart Irrigation Systems
• Autonomous Tractors
• Variable Rate Technology (VRT) Equipment
• Smart Harvesters
• Livestock Monitoring Devices
• Drones & UAVs
• Soil & Crop Sensors
• Other Products

Offerings Covered:
• Hardware
• Software
• Services

Agriculture Types Covered:
• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Precision Aquaculture
• Precision Forestry
• Other Agriculture Types

Connectivities Covered:
• LoRaWAN
• Cellular
• Wi-Fi
• Bluetooth
• Satellite
• Other Connectivities

Applications Covered:
• Weather Forecasting
• Field Mapping
• Yield Monitoring
• Crop Scouting
• Irrigation Management
• Fertilizer & Pesticide Management
• Farm Labor Management
• Other Applications

End Users Covered:
• Large Commercial Farms
• Contracting & Custom Operators
• Greenhouse & Vertical Farm Operators
• Government & Research Institutions
• Other End Users

Regions Covered:
• North America US Canada Mexico
• Europe Germany UK Italy France Spain Rest of Europe
• Asia Pacific Japan China India Australia New Zealand South Korea Rest of Asia Pacific
• South America Argentina Brazil Chile Rest of South America
• Middle East & Africa Saudi Arabia UAE Qatar South Africa Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements






Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Farming Equipment Market, By Product
5.1 Introduction
5.2 Precision Seeders & Planters
5.3 Smart Irrigation Systems
5.4 Autonomous Tractors
5.5 Variable Rate Technology (VRT) Equipment
5.6 Smart Harvesters
5.7 Livestock Monitoring Devices
5.8 Drones & UAVs
5.9 Soil & Crop Sensors
5.10 Other Products
6 Global Smart Farming Equipment Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Automation & Control Systems
6.2.2 Sensing Devices
6.2.3 RFID Tags
6.2.4 LED Grow Lights
6.2.5 HVAC Systems
6.2.6 Other Hardwares
6.3 Software
6.3.1 Farm Management Software
6.3.2 Cloud-based Solutions
6.3.3 Data Analytics Platforms
6.3.4 Supply Chain Management Software
6.3.5 Remote Monitoring Software
6.3.6 Web-based Solutions
6.4 Services
6.4.1 System Integration & Consulting
6.4.2 Professional Services
6.4.3 Managed Services
6.4.4 Connectivity Services
6.4.5 Support and Maintenance
7 Global Smart Farming Equipment Market, By Agriculture Type
7.1 Introduction
7.2 Precision Farming
7.3 Livestock Monitoring
7.4 Smart Greenhouse
7.5 Precision Aquaculture
7.6 Precision Forestry
7.7 Other Agriculture Types
8 Global Smart Farming Equipment Market, By Connectivity
8.1 Introduction
8.2 LoRaWAN
8.3 Cellular
8.4 Wi-Fi
8.5 Bluetooth
8.6 Satellite
8.7 Other Connectivities
9 Global Smart Farming Equipment Market, By Application
9.1 Introduction
9.2 Weather Forecasting
9.3 Field Mapping
9.4 Yield Monitoring
9.5 Crop Scouting
9.6 Irrigation Management
9.7 Fertilizer & Pesticide Management
9.8 Farm Labor Management
9.9 Other Applications
10 Global Smart Farming Equipment Market, By End User
10.1 Introduction
10.2 Large Commercial Farms
10.3 Contracting & Custom Operators
10.4 Greenhouse & Vertical Farm Operators
10.5 Government & Research Institutions
10.6 Other End Users
11 Global Smart Farming Equipment Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Deere & Company
13.2 Trimble Inc.
13.3 AGCO Corporation
13.4 Topcon Positioning Systems
13.5 The Climate Corporation
13.6 Raven Industries, Inc.
13.7 Ag Leader Technology
13.8 Kubota Corporation
13.9 CNH Industrial N.V.
13.10 CLAAS KGaA mbH
13.11 Netafim Ltd.
13.12 DeLaval
13.13 Innovasea Systems, Inc.
13.14 Heliospectra AB
13.15 Cropin
13.16 Farmers Edge Inc.
13.17 Granular, Inc.
13.18 Afimilk Ltd.
13.19 BouMatic Robotic B.V.
13.20 Iteris, Inc
List of Tables
Table 1 Global Smart Farming Equipment Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Smart Farming Equipment Market Outlook, By Product (2024-2032) ($MN)
Table 3 Global Smart Farming Equipment Market Outlook, By Precision Seeders & Planters (2024-2032) ($MN)
Table 4 Global Smart Farming Equipment Market Outlook, By Smart Irrigation Systems (2024-2032) ($MN)
Table 5 Global Smart Farming Equipment Market Outlook, By Autonomous Tractors (2024-2032) ($MN)
Table 6 Global Smart Farming Equipment Market Outlook, By Variable Rate Technology (VRT) Equipment (2024-2032) ($MN)
Table 7 Global Smart Farming Equipment Market Outlook, By Smart Harvesters (2024-2032) ($MN)
Table 8 Global Smart Farming Equipment Market Outlook, By Livestock Monitoring Devices (2024-2032) ($MN)
Table 9 Global Smart Farming Equipment Market Outlook, By Drones & UAVs (2024-2032) ($MN)
Table 10 Global Smart Farming Equipment Market Outlook, By Soil & Crop Sensors (2024-2032) ($MN)
Table 11 Global Smart Farming Equipment Market Outlook, By Other Products (2024-2032) ($MN)
Table 12 Global Smart Farming Equipment Market Outlook, By Offering (2024-2032) ($MN)
Table 13 Global Smart Farming Equipment Market Outlook, By Hardware (2024-2032) ($MN)
Table 14 Global Smart Farming Equipment Market Outlook, By Automation & Control Systems (2024-2032) ($MN)
Table 15 Global Smart Farming Equipment Market Outlook, By Sensing Devices (2024-2032) ($MN)
Table 16 Global Smart Farming Equipment Market Outlook, By RFID Tags (2024-2032) ($MN)
Table 17 Global Smart Farming Equipment Market Outlook, By LED Grow Lights (2024-2032) ($MN)
Table 18 Global Smart Farming Equipment Market Outlook, By HVAC Systems (2024-2032) ($MN)
Table 19 Global Smart Farming Equipment Market Outlook, By Other Hardwares (2024-2032) ($MN)
Table 20 Global Smart Farming Equipment Market Outlook, By Software (2024-2032) ($MN)
Table 21 Global Smart Farming Equipment Market Outlook, By Farm Management Software (2024-2032) ($MN)
Table 22 Global Smart Farming Equipment Market Outlook, By Cloud-based Solutions (2024-2032) ($MN)
Table 23 Global Smart Farming Equipment Market Outlook, By Data Analytics Platforms (2024-2032) ($MN)
Table 24 Global Smart Farming Equipment Market Outlook, By Supply Chain Management Software (2024-2032) ($MN)
Table 25 Global Smart Farming Equipment Market Outlook, By Remote Monitoring Software (2024-2032) ($MN)
Table 26 Global Smart Farming Equipment Market Outlook, By Web-based Solutions (2024-2032) ($MN)
Table 27 Global Smart Farming Equipment Market Outlook, By Services (2024-2032) ($MN)
Table 28 Global Smart Farming Equipment Market Outlook, By System Integration & Consulting (2024-2032) ($MN)
Table 29 Global Smart Farming Equipment Market Outlook, By Professional Services (2024-2032) ($MN)
Table 30 Global Smart Farming Equipment Market Outlook, By Managed Services (2024-2032) ($MN)
Table 31 Global Smart Farming Equipment Market Outlook, By Connectivity Services (2024-2032) ($MN)
Table 32 Global Smart Farming Equipment Market Outlook, By Support and Maintenance (2024-2032) ($MN)
Table 33 Global Smart Farming Equipment Market Outlook, By Agriculture Type (2024-2032) ($MN)
Table 34 Global Smart Farming Equipment Market Outlook, By Precision Farming (2024-2032) ($MN)
Table 35 Global Smart Farming Equipment Market Outlook, By Livestock Monitoring (2024-2032) ($MN)
Table 36 Global Smart Farming Equipment Market Outlook, By Smart Greenhouse (2024-2032) ($MN)
Table 37 Global Smart Farming Equipment Market Outlook, By Precision Aquaculture (2024-2032) ($MN)
Table 38 Global Smart Farming Equipment Market Outlook, By Precision Forestry (2024-2032) ($MN)
Table 39 Global Smart Farming Equipment Market Outlook, By Other Agriculture Types (2024-2032) ($MN)
Table 40 Global Smart Farming Equipment Market Outlook, By Connectivity (2024-2032) ($MN)
Table 41 Global Smart Farming Equipment Market Outlook, By LoRaWAN (2024-2032) ($MN)
Table 42 Global Smart Farming Equipment Market Outlook, By Cellular (2024-2032) ($MN)
Table 43 Global Smart Farming Equipment Market Outlook, By Wi-Fi (2024-2032) ($MN)
Table 44 Global Smart Farming Equipment Market Outlook, By Bluetooth (2024-2032) ($MN)
Table 45 Global Smart Farming Equipment Market Outlook, By Satellite (2024-2032) ($MN)
Table 46 Global Smart Farming Equipment Market Outlook, By Other Connectivities (2024-2032) ($MN)
Table 47 Global Smart Farming Equipment Market Outlook, By Application (2024-2032) ($MN)
Table 48 Global Smart Farming Equipment Market Outlook, By Weather Forecasting (2024-2032) ($MN)
Table 49 Global Smart Farming Equipment Market Outlook, By Field Mapping (2024-2032) ($MN)
Table 50 Global Smart Farming Equipment Market Outlook, By Yield Monitoring (2024-2032) ($MN)
Table 51 Global Smart Farming Equipment Market Outlook, By Crop Scouting (2024-2032) ($MN)
Table 52 Global Smart Farming Equipment Market Outlook, By Irrigation Management (2024-2032) ($MN)
Table 53 Global Smart Farming Equipment Market Outlook, By Fertilizer & Pesticide Management (2024-2032) ($MN)
Table 54 Global Smart Farming Equipment Market Outlook, By Farm Labor Management (2024-2032) ($MN)
Table 55 Global Smart Farming Equipment Market Outlook, By Other Applications (2024-2032) ($MN)
Table 56 Global Smart Farming Equipment Market Outlook, By End User (2024-2032) ($MN)
Table 57 Global Smart Farming Equipment Market Outlook, By Large Commercial Farms (2024-2032) ($MN)
Table 58 Global Smart Farming Equipment Market Outlook, By Contracting & Custom Operators (2024-2032) ($MN)
Table 59 Global Smart Farming Equipment Market Outlook, By Greenhouse & Vertical Farm Operators (2024-2032) ($MN)
Table 60 Global Smart Farming Equipment Market Outlook, By Government & Research Institutions (2024-2032) ($MN)
Table 61 Global Smart Farming Equipment Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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