Guidance and Steering System for Agriculture Market Report 2026

The guidance and steering system for agriculture market size has grown strongly in recent years. It will grow from $2.47 billion in 2025 to $2.63 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to mechanization of agriculture, rising labor costs in farming, demand for higher crop productivity, expansion of large-scale farms, adoption of gps technology in agriculture.

The guidance and steering system for agriculture market size is expected to see strong growth in the next few years. It will grow to $3.41 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth of smart farming practices, expansion of autonomous agricultural machinery, demand for data-driven farming, government support for precision agriculture, adoption of connected farm equipment. Major trends in the forecast period include adoption of precision agriculture technologies, increasing use of gps-based guidance systems, integration of farm automation solutions, focus on yield optimization, demand for real-time farm data.

The increasing adoption of precision farming is expected to drive the growth of guidance and steering systems for the agriculture market over the coming years. Precision farming, also known as precision agriculture, is a management strategy that leverages advanced technology to optimize crop yields and minimize waste. Guidance and steering systems are critical components of precision farming, using GPS and other technologies to direct agricultural machinery, such as tractors, combines, and sprayers, with high accuracy. This enables optimized use of inputs like fertilizers, pesticides, and water, reducing waste and enhancing crop yields. For instance, in January 2024, according to the United States Government Accountability Office (GAO), a US-based independent oversight agency, 27% of US farms or ranches employed precision agriculture practices in 2023 to manage crops or livestock. Therefore, the growing adoption of precision farming is expected to propel the guidance and steering systems market for agriculture.

Major companies in the guidance and steering systems market are focusing on advanced solutions integrating technologies such as GNSS to boost productivity, efficiency, and safety in agricultural operations. For instance, in November 2023, FJDynamics, a China-based robotics company specializing in digitization, automation, and new energy, launched the AH1 hydraulic autosteering kit and AG1 guidance system. The AG1 guidance system enables accurate manual driving, making it easier for farmers to maneuver vehicles, while the AH1 hydraulic autosteering kit allows agricultural equipment to precisely adjust steering angles and directions by efficiently controlling hydraulic fluid flow.

In September 2023, AGCO Corporation, a U.S.-based manufacturer of agricultural equipment, acquired Trimble Ag Assets and technologies for $2 billion. This acquisition is designed to bolster AGCO's position in the precision agriculture market by integrating advanced technologies and data-driven solutions, thereby improving farm productivity and sustainability. Trimble Ag Assets is a U.S.-based technology company that specializes in precision agriculture solutions and advanced farming equipment.

Major companies operating in the guidance and steering system for agriculture market are Deere & Company, CNH Industrial N.V., New Holland Agriculture, Case IH, AGCO Corporation, Trimble Inc., Topcon Positioning Systems Inc., Leica Geosystems AG, Hexagon Agriculture, Hemisphere GNSS, AgJunction Inc., Raven Industries, Inc., NovAtel Inc., TeeJet Technologies, CLAAS KGaA mbH, Kubota Corporation, Mahindra & Mahindra Ltd., Yanmar Co., Ltd., Shanghai AllyNav Technology Co. Ltd., Headsight Inc., AvMap Srl, MachineryGuide AG.

North America was the largest region in the guidance and steering system for agriculture market in 2025. The regions covered in the guidance and steering system for agriculture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the guidance and steering system for agriculture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The guidance and steering system for the agriculture market consists of revenues earned by entities by providing guidance and steering system for agriculture services such as yield monitoring and mapping, automated guidance services, variable rate technology, and real-time monitoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. The guidance and steering system for the agriculture market also include sales of automated steering systems, implementation steering systems, display and control systems, yield mapping and monitoring systems, soil moisture sensors, guidance and mapping drones, and GPS receivers and antennas are used in providing guidance and steering systems for agriculture services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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