| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 17.90 Billion |
| Market Size (2030) | USD 24.80 Billion |
| CAGR (2025 - 2030) | 5.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Advanced Farming Market Analysis
The Advanced Farming Market size is estimated at USD 17.90 billion in 2025, and is expected to reach USD 24.80 billion by 2030, at a CAGR of 5.90% during the forecast period (2025-2030).
The Advanced Farming Market encompasses the integration of advanced technology and farming techniques to enhance agricultural productivity, sustainability, and profitability. This market incorporates precision farming, smart irrigation systems, drones, sensors, artificial intelligence (AI), and data analytics to improve agricultural efficiency and output. The global advanced farming market continues to expand due to increasing food demand, changing weather patterns, and the need for sustainable agricultural practices. These technologies help farmers optimize resource use, reduce waste, and increase yield through environmentally conscious methods. The market shows growth across various regions, with significant adoption in developed countries and increasing penetration in emerging markets.
Labor shortages in agriculture, particularly in developed nations, have intensified the adoption of advanced farming technologies to reduce manual labor dependence. World Bank data indicates global agricultural employment decreased from 27% in 2021 to 26% in 2022. Advanced farming equipment, including autonomous tractors, addresses this challenge by performing tasks with minimal human supervision. These tractors provide a cost-effective solution as labor expenses increase, enabling extended operational hours with reduced oversight and generating significant long-term cost savings.
Government support through subsidies, grants, and agricultural research investment facilitates the adoption of advanced farming technologies. In 2024, the US National Science Foundation initiated a USD 35 million federal investment in agricultural technologies and solutions. This program aims to transform food systems nationwide, ensuring access to healthy, safe, and affordable food while promoting sustainable agricultural forestry and food practices that address climate concerns, regeneration, and waste reduction.
The projected increase in world population to 9.7 billion by 2050 drives the demand for enhanced food production. Advanced farming technologies address this challenge by maximizing crop yields, enhancing disease resistance, and optimizing resource utilization. The implementation of genetically modified crops (GMOs) and biotechnology contributes to higher yields, drought resistance, and reduced pesticide requirements, supporting increased food production demands.
Advanced Farming Market Trends
Tractors Hold a Significant Position
Tractors are fundamental to modern agricultural operations, serving as the primary equipment in advanced farming. Their functionality has expanded beyond basic plowing and tilling to encompass comprehensive farming operations that enhance efficiency, precision, and productivity. The versatility of tractors through various attachments - plows, harrows, seeders, and sprayers - makes them essential for soil preparation, planting, irrigation, fertilization, and harvesting.
Modern tractors incorporate GPS, sensors, and autonomous driving systems, enabling precision farming practices that optimize crop monitoring and management. This technological integration has contributed to improved crop yields. FAOSTAT data shows global corn yield increased from 5714.5 Kg/ha in 2022 to 5962.3 Kg/ha in 2023. The mechanization through tractors has reduced manual labor requirements while increasing operational efficiency. This improvement is reflected in the United States corn production, which grew from 346.7 million metric tons in 2022 to 389.7 million metric tons in 2023, according to FAOSTAT.
Farmers globally are adopting autonomous tractors above 100 HP to replace manual labor, offering more efficient and cost-effective agricultural operations. The demand for high-horsepower tractors is increasing, particularly in the United States, Canada, France, and Germany. The Association of Equipment Manufacturers reports that sales of above 100 HP tractors in the United States increased from 26,387 units in 2022 to 27,750 units in 2023. These high-horsepower autonomous tractors are particularly effective for cultivating wheat and corn, which require high-yield production methods, and root crops needing deep tillage. Their capabilities extend across the farming spectrum, from soil preparation to harvesting, with sufficient power for intensive operations like plowing, harrowing, and hauling.
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North America Dominate the Market
North America dominates the advanced farming market through technological innovation, large-scale farming operations, and substantial agricultural investments. The United States and Canada lead agricultural innovation by developing and implementing new technologies. The region's significant investments in precision farming tools, autonomous machinery, and artificial intelligence (AI) have enhanced efficiency and yield. This has increased the adoption of advanced equipment, including GPS-enabled tractors, automated harvesters, and drones for crop monitoring.
Canada maintains its position as a major global producer and exporter of agricultural products, ranking among the top producers of rapeseed, dry peas, lentils, and oats worldwide. However, the country faces challenges with declining agricultural land. World Bank data shows a reduction in agricultural land from 571 thousand sq km to 569 thousand sq km between 2020 and 2021. To address this challenge, Canada focuses on agricultural modernization through autonomous tractors and advanced techniques to enhance crop productivity and market growth.
The growth in North American livestock production increases the demand for advanced farming equipment. USDA data indicates United States swine meat production increased from 114.62 million metric tons in 2022 to 116.3 million metric tons in 2023. The expanding livestock industry requires technological solutions and specialized machinery to improve efficiency, productivity, and sustainability. Advanced farming equipment, particularly automated feeding systems, helps manage large-scale livestock operations efficiently. These systems optimize nutrition delivery timing and quantity, improving growth rates and animal health. In large dairy farms, automated feed dispensers manage the nutritional requirements of thousands of cows while reducing labor costs and improving feed efficiency for better weight gain and milk production.
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Advanced Farming Industry Overview
The global advanced farming market includes major companies such as John Deere & Company, Raven Industries, Inc., AGCO Corp., CNH Industrial, and Trimble Inc. The market structure is moderately fragmented, with regional players holding significant market share in their respective territories. Companies invest in research and development to enhance farming efficiency and sustainability. New market entrants focus on specialized technologies, including vertical farming, IoT solutions, and AI-powered farming systems. The competition in the advanced farming market continues to grow as demand increases for sustainable, efficient, and cost-effective farming solutions.
Advanced Farming Market Leaders
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John Deere
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Raven Industries, Inc.
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AGCO Corp.
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CNH Industrial
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Trimble Inc.
- *Disclaimer: Major Players sorted in no particular order
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Advanced Farming Market News
- November 2024: John Deere released a new AI-powered tractor designed to improve precision in planting and harvesting. The machine combines Deere's 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and new advanced technologies.
- September 2023: Trimble agreed to form a joint venture with AGCO to better serve farmers with factory fit and aftermarket applications in the mixed fleet precision agriculture market. Trimble and AGCO's shared vision is to create a global leader in mixed fleet smart farming and autonomy solutions.
Advanced Farming Industry Segmentation
Advanced farming operations utilize machines and equipment supported by geographic information system (GIS) and global positioning system (GPS) technologies for irrigation, sowing, fertilizer application, and crop harvesting. These technologies provide accuracy, efficiency, and precision in agricultural practices. Advanced Farming Market is Segmented By Technology (Precision Agriculture, Automation, Artificial Intelligence (AI), Internet of Things (IoT), Robotics), By Farming Equipment (Tractors, Harvesters, Planters & Seeders, Sprayers), By Farming Practices (Vertical Farming, Hydroponics, Aquaponics, Conventional Farming), By End-Use Industry (Agriculture, Horticulture, Livestock Farming), and By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The report offers the market sizes and forecasts in value (USD) for all the above segments.
| Technology | Precision Agriculture | ||
| Automation | |||
| Artificial Intelligence (AI) | |||
| Internet of Things (IoT) | |||
| Robotic | |||
| Farming Equipment | Tractors | ||
| Harvesters | |||
| Planters & Seeders | |||
| Sprayers | |||
| Farming Practices | Vertical Farming | ||
| Hydroponics | |||
| Aquaponics | |||
| Conventional Farming | |||
| End-Use Industry | Agriculture | ||
| Horticulture | |||
| Livestock Farming | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Netherlands | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle East and Africa | Saudi Arabia | ||
| UAE | |||
| Egypt | |||
| South Africa | |||
| Rest of Middle East and Africa | |||
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Advanced Farming Market Research FAQs
How big is the Advanced Farming Market?
The Advanced Farming Market size is expected to reach USD 17.90 billion in 2025 and grow at a CAGR of 5.90% to reach USD 24.80 billion by 2030.
What is the current Advanced Farming Market size?
In 2025, the Advanced Farming Market size is expected to reach USD 17.90 billion.
Who are the key players in Advanced Farming Market?
John Deere, Raven Industries, Inc., AGCO Corp., CNH Industrial and Trimble Inc. are the major companies operating in the Advanced Farming Market.
Which is the fastest growing region in Advanced Farming Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Advanced Farming Market?
In 2025, the North America accounts for the largest market share in Advanced Farming Market.
What years does this Advanced Farming Market cover, and what was the market size in 2024?
In 2024, the Advanced Farming Market size was estimated at USD 16.84 billion. The report covers the Advanced Farming Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Advanced Farming Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Advanced Farming Industry Report
Statistics for the 2025 Advanced Farming market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Advanced Farming analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
