United States Precision Farming Market Forecasts $3.42 Billion Valuation by 2031

The US Precision Farming market is expected to reach USD 3.42 billion by 2031, up from USD 1.92 billion in 2023, at a CAGR of 7.5% from 2023 to 2031. The US precision farming market has been experiencing consistent growth over the past few years on the back of improved productivity needs, shortage of manpower, and increasing focus on cost reduction and environmental conservation. The market is...

US Trade Tariffs: A New Challenge for Precision Farming Innovation

The rise of precision farming has revolutionized modern agriculture, enabling farmers to maximize crop yields, conserve resources, and optimize operational efficiency through advanced technologies like GPS-guided equipment, sensors, drones, and AI-driven analytics. However, this momentum faces a growing threat: escalating U.S. trade tariffs on imported components and equipment critical to smart farming...

Global Future Trends of Precision Farming Industry: Growth Trends, Regional Insights, and Future Opportunities

Precision farming, also known as precision agriculture or smart farming, is transforming the global agricultural industry by integrating advanced technologies like IoT, AI, GPS, and big data analytics. These innovations enable farmers to optimize crop yields, reduce resource consumption, and promote sustainable farming practices. As the global population continues to rise, the need for efficient and...