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The precision forestry market is expected to see strong growth in the next few years, driven by demand for carbon sequestration services, increased investment in R&D, and the rise of autonomous forestry equipment. Major trends in the market include the integration of AI and ML, utilization of blockchain for traceability and certification, and enhanced remote sensing capabilities. Top companies in the market include Caterpillar Inc., Deere & Company, and CNH Industrial N.V.