The US Precision Farming Market Trends, Growth and Forecast to 2028
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The US Precision Farming Market reached a valuation of USD 2,610 million in 2023 , driven by advancements in GPS, IoT, and AI technologies that are transforming farming practices. Precision farming, which integrates data analytics with modern agricultural techniques, addresses the growing global demand for food, optimizes resource use, and mitigates the effects of climate change. Key players such as John Deere & Company, Trimble Inc., and AG Leader Technology are at the forefront of this transformation, leveraging innovative solutions to enhance productivity and sustainability. Growth Drivers in US Precision Farming Market 1. Technological Advancements in Precision Equipment: High-precision GPS systems, advanced sensors, and autonomous machinery are revolutionizing farming. For instance, the integration of real-time crop monitoring and automated irrigation systems has significantly enhanced agricultural productivity. 2. Expansion of IoT and Data Analytics in Farming: IoT devic...