Friday, 5 September 2025

Agriculture IoT Companies Agriculture IoT Companies - Deere & Company (US) and AGCO Corporation (US) are the Key Players- Deere & Company (US) and AGCO Corporation (US) are the Key Players

The agriculture IoT market is expected to be valued at USD 8.86 billion in 2025 and is projected to reach USD 12.61 billion by 2030, registering a CAGR of 7.3% during the forecast period. One of the key drivers is the rising adoption of precision farming solutions to enhance yields, reduce resource wastage, and improve profitability. Growing use of IoT-enabled sensors, drones, and analytics for real-time farm monitoring is further accelerating market growth.

Major players operating in the agriculture IoT market are Deere & Company (US), AGCO Corporation (US), Raven Industries, Inc. (US), DeLaval (Sweden), Merck & Co., Inc. (US). To boost market presence and product offerings, companies are primarily focusing on the adoption of organic and inorganic growth strategies such as product launches, collaborations, partnerships, and acquisitions. These strategies have enabled market leaders to expand the adoption of IoT-enabled farming solutions and align with evolving agricultural technology standards, thus strengthening their competitive positions in the agriculture IoT market.

Major Agriculture IoT Companies Include:

  • Deere & Company (US)
  • AGCO Corporation (US)
  • Raven Industries (US)
  • DeLaval (Sweden)
  • Merck & Co., Inc. (US, Akva Group (Western Norway)
  • KUBOTA Corporation (Japan)
  • Topcon (US)
  • ScaleAQ (Norway)
  • Innovasea Systems Inc. (US)

Deere & Company (US) is recognized globally as a leader in agricultural machinery and smart farming solutions. Leveraging advanced IoT technologies, Deere integrates precision agriculture tools, autonomous equipment, and real-time data analytics to improve productivity, resource efficiency, and crop yield optimization. The company’s connected platform enables farmers to monitor, analyze, and manage field operations remotely, ensuring data-driven decision-making. Deere continues to invest heavily in AI-powered IoT systems, such as the launch of F8 and F9 Series forage harvesters in 2025, automation, and connectivity to strengthen its leadership in the agriculture IoT market and deliver sustainable farming innovations worldwide.

AGCO Corporation (US) is a global manufacturer and distributor of agricultural equipment, specializing in IoT-enabled machinery and precision farming technologies. Through its joint venture PTx Trimble, AGCO delivers cutting-edge guidance, connectivity, and data management solutions that help farmers optimize inputs and operations. PTx Trimble’s integrated platform connects equipment, software, and analytics, enabling smarter decision-making and greater operational efficiency. AGCO’s strategy focuses on innovation, sustainability, and digital transformation, positioning it as a key driver of the global agriculture IoT revolution.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199564903

Markets Ranking

The five major players in the agriculture IoT market hold 29–47%  as a share of the total market for 2024. Deere & Company (US) leads with its advanced precision agriculture solutions, integrating connected machinery, AI-driven analytics, and autonomous systems to enhance farm productivity and sustainability. AGCO Corporation (US) strengthens its position through the PTx Trimble collaboration, delivering cutting-edge precision farming technologies, GPS guidance, and data management platforms to optimize yields. Raven Industries, Inc. (US) specializes in autonomous systems, precision application, and advanced field analytics, driving efficiency for farmers worldwide. DeLaval (Sweden) leverages connected dairy management systems and real-time monitoring tools to improve livestock health and milk production. Merck & Co., Inc. (US) contributes through IoT-enabled livestock health monitoring and traceability solutions, ensuring disease prevention and food safety. The rest of the market (53–71%) includes emerging companies focusing on drone-based field monitoring, smart irrigation, soil sensors, and AI-powered farm management software, further accelerating the adoption of agriculture

 

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