MarkNtel Advisors Research analyzes that Latin America Precision Agriculture market is projected to grow at a CAGR of around 13.0% during the forecast period, i.e., 2023-28.

Which are the top companies operating in the Latin America Precision Agriculture Market?

Ag Smarts Inc., AGCO Corporation, BASF SE, Bayer, Cropmetrics LLC, Deere & Company, Leica Geosystem, Monsanto Company, Raven Industries, Inc., Topcon Corporation, Trimble Inc., Others

Competitive Landscape and Latin America Precision Agriculture Market Share Analysis:

The competitive landscape of the Latin America Precision Agriculture market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Latin America Precision Agriculture market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.

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Research Scope and Market Categories:

By Offering

• Hardware
  • Automation and Control System
    • GPS/GNSS System
    • Guidance and Steering System
    • Flow and Application Rate Control Solutions
    • Handheld Computers/ Mobile devices
    • Agriculture Cameras
    • Others
  • Sensing and Monitoring
    • Yield Monitors
    • Sensing Systems
    • Other Hardware
  • Software
  • Services
    • Integration and Deployment
    • Maintenance and Repair
    • Other Services

By Application

• Precision Irrigation
• Yield Monitoring
• Precision Spraying
• Precision Fertilization
• Precision Planting
• Data Management

By Crop Type

• Cereals & Grains
• Oil seeds & Pulses
• Fruits & Vegetables
• Others (Herbs, etc.)

Geographically, the report provides an in-depth analysis of consumption, revenue, market share, and growth rate—along with historical data and forecasts for the period 2023–2028 as detailed in the respective chapters.

By Country

• Brazil
• Mexico
• Argentina
• Colombia
• Chile
• Peru
• Rest of Latin America

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Which are the driving factors of the Latin America Precision Agriculture Market?

Surging Government Initiatives to Support the Adoption of Modern Agriculture Technique - In recent times, there has been a marked surge in governmental endeavors aimed at bolstering Precision Agriculture in the Latin American region. This is due to escalating recognition of the potential benefits that these cutting-edge techniques can provide, including heightened productivity, reduced environmental impact, and reduced food security. It is a pioneering method that utilizes technology to streamline farming practices & augment productivity. The government provides a tax credit that can extend up to 20% of the expenditure incurred in implementing these methods such as variable-rate fertilization & pesticide application. This incentive propels farmers to embrace these techniques & invest in these technologies.

 Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Comprehensive Table of Contents Latin America Precision Agriculture Market Analysis and Forecast (2023-2028)

1. Market Segmentation
2. Introduction
1. Product Definition
2. Research Process
3. Assumptions
3. Executive Summary
4. Research Methodology

1. Overview of Methodological Approaches
2. Study Objectives
3. Foundational Methodology

1. Scope Definition
2. Key Assumptions and Limitations

6. Forecasting Approach

1. Macroeconomic Outlook
2. Latin America Precision Agriculture Market Porters Five Forces Analysis
3. Latin America Precision Agriculture Market Supply Chain Analysis
4. Latin America Precision Agriculture Market Trends & Insights
5. Latin America Precision Agriculture Market Dynamics
1. Drivers
2. Challenges
6. Latin America Precision Agriculture Market Growth Opportunities & Hotspots
7. Latin America Precision Agriculture Market Policy & Regulations
8. Latin America Precision Agriculture Market Pricing Analysis
9. Latin America Precision Agriculture Market Outlook, 2020-2028F
1. Market Size & Outlook
1. Revenues (USD Million)
2. Units Sold

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