The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of South America Precision Agriculture Market Industry (2025-2030):
According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the South America Precision Agriculture Market.
Key Takeaways: Beneficial for Stakeholders and Clients
· Historic Period: 2019-2022
· Base year: 2023
· Forecast Years: 2024-2030
· CAGR (2025-30): 15.2%
What are the major Driver the South America Precision Agriculture industry?
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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South America Precision Agriculture Market Segmentation
The South America Precision Agriculture Market analysis of MarkNtel Advisors 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
- 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
As per the regional aspect, the South America Precision Agriculture Market is expected to be dominated by Brazil by capturing the potential market share.
Explore further details about this research report-
https://www.marknteladvisors.com/research-library/south-america-precision-agriculture-market.html
Top Companies in the South America Precision Agriculture Market
Agres Sistemas Eletronicos SA, 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, and other
South America Precision Agriculture Industry Recent Development:
- 2023: BASF SE launched a new xarvio Agro Experts program in Brazil to increase the use of digital farming technologies in the country.
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