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GNSS in Agricultural Market Growth Drivers, Trends, Key Players and Regional Insights by 2034

GNSS in Agricultural Market

GNSS in Agricultural Market Size

The global GNSS in agricultural market size was worth USD 42.60 billion in 2024 and is anticipated to expand to around USD 151.10 billion by 2034, registering a compound annual growth rate (CAGR) of 13.5from 2025 to 2034.

Growth factors

The GNSS-in-agriculture market is being pulled forward by a confluence of forces: falling receiver costs and more capable multi-constellation chips, expanding high-accuracy services such as Galileo High Accuracy and regional SBAS, growing farmer awareness of precision-ag returns through input savings and yield gains, rising farm labor scarcity pushing automation, broader adoption of digital farm management platforms that rely on geospatial accuracy, and strong public funding for precision-ag research and deployments across the world. Climate pressure and regulatory incentives for sustainable, traceable farming further accelerate precision investments, while business consolidation and aftermarket retrofit strategies make GNSS tools accessible across farm sizes.

What is “GNSS in the agricultural market”?

“GNSS in agriculture” refers to the ecosystem of hardware, firmware, software and services that use satellite positioning and time signals to enable farming applications: auto-steer guidance, machine control, precision planting, yield mapping, variable-rate application of seed, fertilizer, and chemicals, field mapping, fleet and asset tracking, RTK/PPP and SBAS augmentation delivery, and data services that integrate GNSS-produced geolocation with sensors, imagery and farm management systems. GNSS capabilities vary by accuracy (meter-level to centimeter-level) and latency (real-time RTK versus post-processed), which determines suitability for different tasks — from parcel mapping to automated implement guidance.

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Why is GNSS important for agriculture?

GNSS is the precision needle that lets modern agriculture move from blanket, “one-size” operations to site-specific management. With accurate position and timing, farmers can cut overlap in spraying and planting, apply fertilizers and pesticides exactly where needed, trace input and harvest provenance, run implements autonomously to reduce labor needs, and combine GNSS with sensors and imagery for decision support. These changes boost input efficiency, reduce costs and environmental footprint, and enable compliance with traceability and sustainability standards. Evidence from OEM impact studies shows measurable cost savings and fuel/time reductions when guidance and variable-rate application are correctly implemented.

GNSS in Agricultural Market — Top Companies

John Deere (Deere & Company)

Trimble

AG Leader

Topcon Agriculture (Topcon Positioning Group)

Hexagon Agriculture (Hexagon AB — Autonomous Solutions / Agriculture focus)

Leading trends and their impact

  1. Multi-constellation and multi-frequency receivers become standard.
    Devices that use GPS, Galileo, BeiDou, and GLONASS yield better signal availability and resilience, improving uptime for guidance and RTK solutions.
  2. Augmentation services expand and commercialize.
    Regional SBAS services and commercial PPP reduce the cost of achieving sub-decimetre accuracy, broadening adoption of tasks such as precision planting and controlled-traffic farming.
  3. Shift from hardware to software and recurring revenue.
    Companies emphasize subscription models and data platforms — farmers now pay for positioning and services, not just equipment.
  4. OEM-first factory integration versus aftermarket retrofit.
    Large OEMs increasingly ship factory-installed GNSS, while aftermarket players serve mixed fleets and cost-sensitive buyers.
  5. Consolidation and partnerships.
    Strategic moves like Trimble and AGCO’s PTx joint venture unify precision stacks, simplify interoperability, and accelerate rollouts.
  6. Autonomy layering on top of accurate positioning.
    GNSS combined with RTK, INS, and perception sensors enables autonomous implements, reducing labour dependence and improving timeliness.

Successful examples around the world

Global regional analysis — Government initiatives & policies shaping the market

North America

The USDA supports precision agriculture adoption through Conservation Innovation Grants and climate-smart programs. Federal RTK networks and SBAS (WAAS) improve accuracy and coverage. Large commercial farms dominate adoption, with public programs offsetting costs.

Europe

EU space programs actively promote GNSS applications in agriculture. The Common Agricultural Policy incentivizes digital tools and sustainable practices. Widespread use of EGNOS-enabled receivers supports both small and large farms.

Asia-Pacific

India’s Digital Agriculture Mission builds public digital infrastructure, integrating GNSS with satellite imagery. China and Australia support BeiDou and GNSS-enabled agriculture through national initiatives. These programs enhance smallholder participation and broaden adoption.

Latin America & Africa

Brazil and Argentina lead adoption in large-scale farming with private investment and OEM partnerships. In Africa, donor-funded programs expand GNSS-based digital agriculture services, though adoption remains uneven. Large-scale and high-value crop producers benefit most, while smallholders gradually integrate low-cost solutions.

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Read Report: Regenerative Agriculture Market Growth Drivers, Key Players, Trends and Regional Insights by 2034

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