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Agriculture Technology Market Size, Share and Forecast 2026-2036

The global agriculture technology market is worth USD 31.4 bn in 2026 and is forecast to reach USD 97.4 bn by 2036, growing at a 12.0% CAGR. United States is the largest country market and Precision guidance and machine control is the largest by technology segment.

USD 31.4 bnMarket size 2026
USD 97.4 bnForecast 2036
12.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global agriculture technology market is worth USD 31.4 bn in 2026 and is forecast to reach USD 97.4 bn by 2036, growing at a 12.0% CAGR. United States is the largest country market and Precision guidance and machine control is the largest by technology segment.

ScopeAgriculture technology: precision agriculture equipment and guidance, farm management software, sensors, drones and imagery services, agricultural robots, and controlled-environment farming systems sold to growers.
IndustryTechnology
Value 2025USD 28.0 bn
Value 2026USD 31.4 bn
Value 2036USD 97.4 bn
CAGR 2026-203612.0%
Volume 20263,136 thousand installations
Volume 20369,740 thousand installations
Average price 2026USD 10,000 per installation
Report priceStarts from USD 1,999
PublishedNovember 2026

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Agriculture Technology market size and forecast, 2026-2036

Exhibit 1The global agriculture technology market is forecast to grow from USD 31.4 bn in 2026 to USD 97.4 bn by 2036, more than triplingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 12.0%
Agriculture Technology market value, 2025 to 2036Market value by year. 2025: USD 28.0 bn; 2026: USD 31.4 bn; 2027: USD 35.1 bn; 2028: USD 39.3 bn; 2029: USD 44.1 bn; 2030: USD 49.3 bn; 2031: USD 55.3 bn; 2032: USD 61.9 bn; 2033: USD 69.3 bn; 2034: USD 77.6 bn; 2035: USD 87.0 bn; 2036: USD 97.4 bn. Compound annual growth rate 2026 to 2036: 12.0%.202531.4 bn202655.3 bn203197.4 bn203612.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 31.4 bn
2027USD 35.1 bn
2028USD 39.3 bn
2029USD 44.1 bn
2030USD 49.3 bn
2031USD 55.3 bn
2032USD 61.9 bn
2033USD 69.3 bn
2034USD 77.6 bn
2035USD 87.0 bn
2036USD 97.4 bn

Agriculture Technology market segmentation

By technology

Exhibit 2Precision guidance and machine control is the largest segment by technology, with 30.0% of 2026 revenueEstimated share of 2026 global revenue, by technology
Agriculture Technology market share by technology, 2026Share of 2026 revenue by technology. Precision guidance and machine control: 30.0%; Farm management software and analytics: 18.0%; Sensors and IoT: 14.0%; Agricultural robots and automation: 14.0%; Drones and imagery: 12.0%; Controlled-environment farming: 12.0%.Precision guidance and machine control30.0%Farm management software and analytics18.0%Sensors and IoT14.0%Agricultural robots and automation14.0%Drones and imagery12.0%Controlled-environment farming12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Precision guidance and machine control30.0%22.8%USD 9.4 bn9.0%
Farm management software and analytics18.0%19.6%USD 5.6 bn12.9%
Sensors and IoT14.0%13.9%USD 4.4 bn11.9%
Drones and imagery12.0%13.0%USD 3.8 bn12.9%
Agricultural robots and automation14.0%19.7%USD 4.4 bn15.9%
Controlled-environment farming12.0%10.9%USD 3.8 bn10.9%

By component

Exhibit 3Hardware adds the most revenue by component, growing from USD 17.2 bn in 2026 to USD 44.6 bn by 2036Estimated revenue in USD by component, 2026 and 2036 forecast
Agriculture Technology market by component, 2026 and 2036Revenue by component in 2026 and 2036. Hardware: USD 17.2 bn in 2026, USD 44.6 bn in 2036, change +158%; Software: USD 7.8 bn in 2026, USD 31.6 bn in 2036, change +303%; Services: USD 6.3 bn in 2026, USD 21.2 bn in 2036, change +238%.20262036 forecastChangeHardware+158%17.2 bn44.6 bnSoftware+303%7.8 bn31.6 bnServices+238%6.3 bn21.2 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hardware55.0%45.8%USD 17.2 bn10.0%
Software25.0%32.4%USD 7.8 bn15.0%
Services20.0%21.8%USD 6.3 bn13.0%

By application

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Field crops46.0%45.7%USD 14.4 bn11.9%
Livestock20.0%19.9%USD 6.3 bn11.9%
Horticulture and greenhouses20.0%21.7%USD 6.3 bn12.9%
Other applications14.0%12.7%USD 4.4 bn10.9%

By farm size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Below 10 ha22.0%24.0%USD 6.9 bn13.0%
10 to 100 ha34.0%33.0%USD 10.7 bn11.7%
Above 100 ha44.0%43.0%USD 13.8 bn11.7%

By business model

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Equipment purchase52.0%46.0%USD 16.3 bn10.6%
Software subscription24.0%30.0%USD 7.5 bn14.5%
Pay-per-use services24.0%24.0%USD 7.5 bn12.0%

Top 25 countries for agriculture technology by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 82.5% of 2026 revenue and the 25 countries below together hold 95.1%.

Exhibit 4United States is the largest country market at USD 9.4 bn in 2026, and the three largest countries hold 52.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Agriculture Technology market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 9.4 bn, 30.0%; China: USD 4.4 bn, 14.0%; Brazil: USD 2.5 bn, 8.0%; Germany: USD 1.9 bn, 6.0%; France: USD 1.6 bn, 5.0%; India: USD 1.6 bn, 5.0%; Australia: USD 1.3 bn, 4.0%; Canada: USD 1.3 bn, 4.0%; Netherlands: USD 1.1 bn, 3.5%; Japan: USD 941 mn, 3.0%.United States9.4 bn 30.0%China4.4 bn 14.0%Brazil2.5 bn 8.0%Germany1.9 bn 6.0%France1.6 bn 5.0%India1.6 bn 5.0%Australia1.3 bn 4.0%Canada1.3 bn 4.0%Netherlands1.1 bn 3.5%Japan941 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 9.4 bn30.0%USD 24.9 bn10.2%
2ChinaUSD 4.4 bn14.0%USD 15.2 bn13.2%
3BrazilUSD 2.5 bn8.0%USD 9.4 bn14.2%
4GermanyUSD 1.9 bn6.0%USD 5.5 bn11.2%
5FranceUSD 1.6 bn5.0%USD 4.6 bn11.3%
6IndiaUSD 1.6 bn5.0%USD 8.4 bn18.2%
7AustraliaUSD 1.3 bn4.0%USD 4.0 bn12.3%
8CanadaUSD 1.3 bn4.0%USD 3.6 bn11.1%
9NetherlandsUSD 1.1 bn3.5%USD 3.5 bn12.3%
10JapanUSD 941 mn3.0%USD 2.5 bn10.4%
11ArgentinaUSD 872 mn2.8%USD 2.5 bn11.3%
12SpainUSD 684 mn2.2%USD 2.0 bn11.3%
13ItalyUSD 536 mn1.7%USD 1.6 bn11.3%
14RussiaUSD 423 mn1.4%USD 1.2 bn11.2%
15MexicoUSD 332 mn1.1%USD 964 mn11.2%
16IsraelUSD 260 mn0.8%USD 760 mn11.3%
17PolandUSD 204 mn0.7%USD 594 mn11.3%
18UkraineUSD 160 mn0.5%USD 468 mn11.3%
19South AfricaUSD 125 mn0.4%USD 370 mn11.4%
20TurkeyUSD 97 mn0.3%USD 292 mn11.6%
21IndonesiaUSD 78 mn0.2%USD 282 mn13.7%
22ThailandUSD 60 mn0.2%USD 175 mn11.4%
23VietnamUSD 47 mn0.1%USD 175 mn14.1%
24New ZealandUSD 38 mn0.1%USD 107 mn11.0%
25DenmarkUSD 28 mn0.09%USD 88 mn12.0%
Rest of worldUSD 1.5 bn4.9%USD 4.2 bn10.4%
Exhibit 5United States and China account for 40% of the USD 66.0 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Agriculture Technology market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 31.4 bn. United States: +USD 15.5 bn; China: +USD 10.8 bn; Brazil: +USD 6.9 bn; India: +USD 6.8 bn; Germany: +USD 3.6 bn; 20 other countries: +USD 19.8 bn; Rest of world: +USD 2.6 bn. Market value 2036: USD 97.4 bn.Market value 202631.4 bnUnited States+15.5 bnChina+10.8 bnBrazil+6.9 bnIndia+6.8 bnGermany+3.6 bn20 other countries+19.8 bnRest of world+2.6 bnMarket value 203697.4 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Deere and Company
  • Trimble
  • CNH Industrial
  • AGCO
  • Topcon
  • Kubota

Group 2: Regional and specialist players

  • Bayer
  • Farmers Edge
  • DJI
  • XAG
  • Lindsay
  • Valmont Industries
  • Ag Leader
  • Raven Industries
  • Netafim
  • Hexagon Agriculture

Group 3: Emerging and niche players

  • Taranis
  • Indigo Ag
  • CropX
  • Farmers Business Network
  • Carbon Robotics

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the agriculture technology market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 12.0% is calculated from the resulting values.

The market is divided by technology, by component, by application, by farm size, by business model. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the agriculture technology market?

The global agriculture technology market is estimated at USD 28.0 bn in 2025 and USD 31.4 bn in 2026.

How fast will the agriculture technology market grow?

It is forecast to reach USD 97.4 bn by 2036, a compound annual growth rate of 12.0% from 2026, an increase of USD 66.0 bn.

Which country is the largest market for agriculture technology?

United States is the largest market by revenue at USD 9.4 bn in 2026, 30.0% of the global total. The three largest countries together hold 52.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 18.2% a year from 2026 to 2036.

Which agriculture technology segment is largest?

In the by technology split, Precision guidance and machine control is the largest segment with 30.0% of 2026 revenue.

Who are the leading agriculture technology companies?

Global leaders include Deere and Company, Trimble, CNH Industrial, AGCO.

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