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...

Precision Farming Market Forecast: Growth Projections and Key Players

Precision farming, also known as smart farming, is transforming the agricultural industry by integrating advanced technologies such as IoT, artificial intelligence (AI), big data, and automation. This approach enhances efficiency, improves crop yields, and minimizes resource wastage, making farming more sustainable. With the growing global demand for food, increasing adoption of digital agriculture,...