Precision Farming Market in North America to flourish at over 12% CAGR until 2032; Weather Tracking & Forecasting to comprise 38% Usage,

Jul 08, 2022

The North America Precision Farming market is estimated to reach US$ 1.94 Billion in 2022, registering an impressive growth of 12.1%, thereby exceeding the market valuation of US$ 6 Billion by the end of 2032. The North America Precision Farming market registered a yearly growth of 12% from 2017 to 2021.

Owing to the remarkable potential in the market, the North America Precision Farming market is anticipated to grow during the assessment period, according to the Fact.MR analysis. Enhanced usage in the yield monitoring, and crop monitoring industry to ensure proper productivity is widening growth prospects for precision farming across the continent.

Manufacturers are investing in state-of-the-art technologies to cater to the ever-increasing demand for cost-effective and highly-efficient Precision Farming materials. In addition to this, next-generation technological solutions are aiding producers to provide industry-specific farming solutions.

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