Precision Agriculture Equipment Market
Agriculture
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Scope:
Precision Agriculture Equipment Market Size and Growth
The Precision Agriculture Equipment market is experiencing substantial growth, driven by technological advancements and increasing demand for efficient farming practices. The market size is projected to reach approximately $11 billion by 2025, reflecting a compound annual growth rate (CAGR) of 12% as farmers adopt data-driven solutions for enhanced productivity and sustainability.
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Companies Covered
(Covid 19 Impact Covered)
◍ Deere & Company
◍ CropMetrics LLC
◍ Trimble Agriculture
◍ CropX
◍ Valmont Industries
◍ AGCO Corporation
◍ Dickey-John Corporation
◍ Monsanto Company
◍ Ag Leader Technology
◍ AgJunction
◍ CNH Industrial
◍ Raven Industries
◍ SST (Proagrica)
◍ TeeJet Technologies
◍ Topcon Positioning Systems
The Precision Agriculture Equipment Market features key players like Deere & Company, AGCO Corporation, and Trimble Agriculture, leveraging technology for enhanced farming efficiency. These companies contribute by innovating equipment, providing data-driven solutions, and expanding market access, boosting sales and adoption. For example:
- Deere & Company: $44 billion (2022)
- AGCO Corporation: $11.1 billion (2022)
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Market Segmentation
By Application
◍ Farmland & Farms
◍ Agricultural Cooperatives
◍ Others
By Product
◍ Guidance System
◍ Remote Sensing
◍ Variable-Rate Technology ◍ Others
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Market Growth
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$ X Billion USD
