According to Markntel Advisors Report, South America Precision Agriculture Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
South America Precision Agriculture Market Research Report & Summary:
The South America Precision Agriculture Market is estimated to grow at a CAGR of around 15.2% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
- Historical Years: 2019-2022
- Base Years: 2023
- Forecast Years: 2024-2030
Who are the Key Players Operating in the South America Precision Agriculture Market?
The top companies of the South America Precision Agriculture Market ruling the industry are:
Agres Sistemas Eletrônicos, AGCO Corporation, BASF SE, Bayer AG, Deere & Company, Leica Geosystem AG, Farmers Edge Inc., Raven Industries, Inc., Topcon Corporation, Trimble Inc., Yara International ASA, TeeJet Technologies, among others
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What is included in South America Precision Agriculture Market Segmentation?
The South America Precision Agriculture Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Offering
- Hardware- Market Size & Forecast 2019-2030, (USD Million)
- Automation & Control System- Market Size & Forecast 2019-2030, (USD Million)
- GPS/GNSS System- Market Size & Forecast 2019-2030, (USD Million)
- Guidance & Steering System- Market Size & Forecast 2019-2030, (USD Million)
- Flow & Application Rate Control Solutions- Market Size & Forecast 2019-2030, (USD Million)
- Handheld Computers/Mobile devices- Market Size & Forecast 2019-2030, (USD Million)
- Agriculture Cameras- Market Size & Forecast 2019-2030, (USD Million)
- Others (Variable Rate Technology (VRT) Devices, Automated Planting Systems, etc.) – Market Size & Forecast 2019-2030, (USD Million)
- Sensing & Monitoring- Market Size & Forecast 2019-2030, (USD Million)
- Yield Monitors- Market Size & Forecast 2019-2030, (USD Million)
- Remote Sensing Systems- Market Size & Forecast 2019-2030, (USD Million)
- GPS Mapping & Satellite Imagery
- Others (Environmental Monitoring Devices, Precision Irrigation Sensors, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- UAVs & Drones
- Automation & Control System- Market Size & Forecast 2019-2030, (USD Million)
- Software- Market Size & Forecast 2019-2030, (USD Million)
- Services- Market Size & Forecast 2019-2030, (USD Million)
- Integration & Deployment- Market Size & Forecast 2019-2030, (USD Million)
- Maintenance & Repair- Market Size & Forecast 2019-2030, (USD Million)
- Others (Data Analytics & Insights Services, Training & Consultancy Services, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- Hardware- Market Size & Forecast 2019-2030, (USD Million)
- By Application
- Precision Irrigation- Market Size & Forecast 2019-2030, (USD Million)
- Yield Monitoring- Market Size & Forecast 2019-2030, (USD Million)
- Precision Spraying- Market Size & Forecast 2019-2030, (USD Million)
- Targeted Pesticide Spraying
- Precision Fertilization- Market Size & Forecast 2019-2030, (USD Million)
- Precision Planting- Market Size & Forecast 2019-2030, (USD Million)
- Optimization of Planting Lines
- Data Management- Market Size & Forecast 2019-2030, (USD Million)
- Others
- Nematode Mapping
- Weed Mapping
- Others
- By Crop Type
- Cereals & Grains- Market Size & Forecast 2019-2030, (USD Million)
- Oil Seeds & Pulses- Market Size & Forecast 2019-2030, (USD Million)
- Fruits & Vegetables- Market Size & Forecast 2019-2030, (USD Million)
- Others (Herbs, Ornamental Plants, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- By Country
- Brazil
- Argentina
- Colombia
- Chile
- Peru
- Rest of South America
Explore the Complete South America Precision Agriculture Market Analysis Report – https://www.marknteladvisors.com/research-library/south-america-precision-agriculture-market.html
South America Precision Agriculture Market Driver:
Growing Demand for Sustainable Agriculture Practices to Drive Market Growth – The heightened global awareness of environmental issues, such as climate change and biodiversity loss, is prompting farmers across the region to seek eco-friendly farming practices. The regulatory pressures & certification requirements for sustainability standards, particularly in food & agriculture markets, incentivize farmers to implement sustainable practices in South America.
Besides, consumer preferences for ethically produced & environmentally friendly products, such as organic fruits, vegetables, and grains, are driving market demand for sustainably grown crops. Consequently, government bodies across the region are focusing on the development & implementation of technologically advanced farming solutions for producing sustainable products.
Thus, continued initiatives of the governments of South American countries to boost their GDP health by including sustainable agriculture practices are anticipated to boost the revenue growth of South America Precision Agriculture Market size during 2024-30.
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