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3. Precision Farming Software Companies - Deere & Company (US) and Trimble Inc. (US) are the Key Players

The Precision Farming Software Market is projected to reach from USD 1.7 billion in 2024 to USD 3.1 billion by 2029; it is expected to grow at a CAGR of 12.5% from 2024 to 2029. The precision farming software market is witnessing significant growth mainly due to its capacity to enhance efficiency, decrease expenses, promote sustainability, and enable data-driven decision-making in modern agriculture.

Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Raven Industries, Inc. (US), AgEagle Aerial Systems Inc (US), AgJunction LLC (US),  Ag Leader Technology (US),  TOPCON CORPORATION (Japan), Climate LLC (US), TeeJet Technologies (US), Hexagon AB (Brazil), ABACO S.p.A. (Italy), PrecisionHawk (US), ec2ce (Spain), Descartes Labs, Inc. (US), CropX Inc. (Israel), Farmers Edge Inc. (Canada), Grownetics (US), CropIn Technology Solutions Private Limited (India), Gamaya (Switzerland), FieldBee (Netherlands), AvMap s.r.l (Italy), DICKEY-john (US), TELUS (Canada), and Müller-Elektronik GmbH (Germany) are some of the key players in the Precision Farming Software Market. Product launches and developments have been the most dominating strategy adopted by the key players from 2020 to 2023 to help them broaden their customer base.  

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Major Precision Farming Software companies include:

• Deere & Company (US)
• Trimble Inc. (US)
• AGCO Corporation (US)
• CNH Industrial N.V. (UK)
• AgEagle Aerial Systems Inc (US)
• KUBOTA Corporation (Japan)
• Ag Leader Technology (US)
• TOPCON CORPORATION (Japan)
• Climate LLC (US)
• TeeJet Technologies (US)

DEERE & COMPANY

Deere & Company is one of the major companies in the precision farming software market. It offers a broad portfolio of agricultural equipment and has a wide geographic presence worldwide. The company has developed innovative products that are helping growers increase productivity and profitability. It makes high R&D investments, which helps it maintain its leadership position in the precision farming software market. The company commits substantial resources to research and development, aiming to enhance the quality and performance of its products, introduce innovative new offerings, and ensure compliance with government regulations. The company makes considerable investments in its R&D initiatives to continuously improve product quality and performance by developing cutting-edge technologies, introducing new product lines, and expanding manufacturing capabilities. The company utilizes an extensive network of facilities in multiple locations to market its products. Deere & Company focuses on offering innovative products that can ease the way of performing different tasks. It has positioned itself as one of the major brands in the precision farming software market.

Trimble Inc.

Trimble Inc. is one of the key players in the precision farming software market, providing solutions that tackle intricate technical challenges within agriculture. These solutions empower farmers and advisors to optimize limited resources, ensuring the production of a safe and dependable food supply while maintaining profitability and environmental sustainability. With a diverse array of software and services in the precision farming software market, Trimble boasts a broad portfolio of precision farming. Emphasizing innovation, it continually expands its product line and fortifies its global product development team. Leveraging robust manufacturing and distribution capabilities, the company excels in revenue generation, further solidifying its position in the industry.The player strongly emphasizes research and development to introduce novel products and solutions, such as enhanced displays, GNSS-based devices, etc., while enhancing existing ones. This involves the development of software and services with improved performance, features, functionality, cost-effectiveness, and reduced size and weight. The company directs its investments toward investing in advancing communication, positioning, and information technologies. Further, with its dedicated focus on R&D, the player has successfully secured several significant patents, such as real-time kinematic global positioning system systems. Trimble Inc. focuses on offering innovative products and has positioned itself as one of the major brands in the precision farming software market.

AGCO Corporation

AGCO Corporation is one of the leading brands in the precision farming software market. It highly invests in developing new products and technologies. It offers a diverse portfolio of innovative solutions such as crop planter, services, etc., strong brand recognition, strategic partnerships, a global presence, and a focus on research and development. The company's commitment to customer support, sustainability, and data-driven decision decision-making further solidifies its position as a preferred choice for farmers seeking advanced precision farming technologies. The company primarily focuses on organic growth through the in-house development of agricultural equipment. It plans for cost reduction by reducing the number of parts in a machine and designing products with a high degree of differentiation, especially for tractors and related farm vehicles.

Raven Industries, Inc.

Raven Industries, Inc. is a US-based manufacturer of precision agriculture products. The company’s precision agriculture division is known as the Applied Technology Division, which was incorporated in 1978. It focuses on providing innovative, high-quality products and solutions to its customers. It delivers products ranging from field computers, sprayers, planter controls, and GPS guidance steering systems to wireless technology. These products help farmers reduce their operational costs and increase yield. It is a pioneering technology firm that creates and implements advanced solutions to tackle significant challenges.The primary focus of Raven Industries, Inc. lies in precision agriculture products that minimize operational expenses, optimize resource utilization, and enhance crop yields. This provides growers and custom applicators with impactful technology. Leading the field in precision agriculture, it offers a range of cutting-edge products, including field computers, sprayer & planter controls, GPS guidance steering systems, and wireless technology. By leveraging its precision agriculture technology, users benefit from reduced costs through precise application, seamless field-to-office connectivity, and heightened environmental stewardship by optimizing input usage.

TOPCON CORPORATION

TOPCON CORPORATION specializes in offering advanced solutions for industries like construction, agriculture, surveying, mapping, and other geospatial applications. Its diverse product and service portfolio includes GNSS receivers, total stations, 3D laser scanners, machine control systems, mobile mapping systems, and data processing and analysis software platforms. These technologies enable professionals to obtain highly accurate and efficient measurement, positioning, and mapping data. Topcon's mission revolves around contributing to societal advancement by developing and applying cutting-edge geospatial technologies. By envisioning a future where precision positioning plays a pivotal role in transforming industries and addressing global challenges, Topcon continues to be a trusted partner for professionals seeking reliable and innovative geospatial solutions. Topcon designs and manufactures precision positioning products and solutions and advanced farming control solutions in the global precision farming software market. The company offers precision GPS, GNSS, accessories, antennas, modular solutions, electronic controls, receivers, handheld devices, field controllers, and land-leveling solutions for agricultural applications.

Related Reports:

Precision Farming Software Market by Delivery Model (On-premises, Cloud-based), Application (Yield Monitoring, Field Mapping, Variable Rate Application, Weather Tracking & Forecasting), Service, Technology and Region - Global Forecast to 2029

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