South America Precision Agriculture Market to Witness 15.2% CAGR Growth Between 2024 and 2030
According to a recent comprehensive by MarkNtel Advisors South America Precision Agriculture Market research report, the South America Precision Agriculture market is set for significant growth, driven by factors such as market size, share, and evolving trends.
This detailed report offers crucial
insights into the market, covering key aspects such as market segmentation and
definitions. It outlines the main drivers of growth and provides a clear
forecast of the industry’s future direction. Additionally, the study provides a
thorough overview of the competitive landscape, detailing recent developments
and regional distribution across major areas. An expert competitor analysis
delivers an in-depth understanding of market dynamics, offering strategic
recommendations for businesses and investors.
With its robust analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address potential challenges in the South America Precision Agriculture market.
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South America Precision Agriculture
Market (2024-2030): Analysis and Growth
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.
What are the key drivers fueling growth
in the South America Precision Agriculture market from 2024-2030?
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.
South America Precision Agriculture
Market : Segmentation Analysis
-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
-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)
-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
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– https://www.marknteladvisors.com/research-library/south-america-precision-agriculture-market.html
What role do key competitors play in
shaping the market, and how are they adapting to emerging trends and
challenges?
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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Key Questions Answered in the Research
Report:
1. What are the industry’s overall statistics or
estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current
scenario of the market?
3. What key factors would propel and impede the
industry across the country?
4. How has the industry been evolving in terms of
geography & solution adoption?
5. How have buying behavior, customer inclination, and
expectations from product manufacturers been evolving during 2024-30?
6. Who are the key competitors, and what strategic partnerships
or ventures are they coming up with to stay afloat during the projected time
frame?
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