From GlobeNewswire: 2025-04-02 09:15:00

The Crop Monitoring Market was valued at USD 3.05 billion in 2023 and is projected to reach USD 10.71 billion by 2032, with a CAGR of 15.04%. Advancements in precision farming and technology are rapidly transforming agriculture, with the U.S. market expected to grow at a CAGR of 13.74% to reach USD 2.34 billion by 2032. Leading companies in the market include Trimble, Topcon Corporation, The Climate Corporation, and Yara International, among others.

Innovations in IoT, AI, and remote sensing technologies have revolutionized crop monitoring, providing real-time data and actionable insights. Tools like drones, GPS systems, and automated sensors enable data-driven decisions, reduce costs, and boost yield. Government initiatives supporting smart farming further drive adoption of advanced solutions, enhancing productivity and resource management in agriculture.

Key industry segmentation includes offerings, technology, farm type, and application. Hardware dominated the market in 2023 and is expected to grow at the fastest CAGR, driven by high-tech equipment adoption. Sensing and imagery held the largest share due to remote sensing technologies, while automation and robotics are expected to grow rapidly. Medium-sized farms led the market in 2023, with crop scouting and monitoring dominating applications.

North America led the crop monitoring market in 2023, with a 34.8% share, driven by extensive use of precision farming technologies. Asia Pacific is expected to grow rapidly from 2024 to 2032, fueled by increasing food demand, agricultural activities, and government initiatives supporting smart farming. Investments in smart agriculture solutions and advanced crop monitoring systems are driving growth in the region. China and India are leading in precision agriculture in developing markets, utilizing drones and data-driven insights for crop health and yield. Trimble names SMS Equipment as first Trimble Technology Outlet globally, offering grade control systems for construction equipment. Topcon Agriculture partners with Bonsai Robotics to enhance agricultural automation for permanent crops.

The partnership aims to boost efficiency and productivity for farmers. Market research on crop monitoring includes analysis, trends reporting, segmentation by offering, technology, farm type, and application. SNS Insider offers comprehensive market research and consulting services globally, providing clients with current, accurate market data and insights to make informed decisions. Visit the link for more information on Crop Monitoring Market Growth & Outlook Report 2024-2032.



Read more at GlobeNewswire: Crop Monitoring Market Size Worth USD 10.71 Billion by