Executive Summery
This report presents a detailed overview of the South America Precision Agriculture Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving South America Precision Agriculture industry landscape.
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South America Precision Agriculture Market Statistics and Key Highlights
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.
- South America Precision Agriculture market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging South America Precision Agriculture Companies
- Agres Sistemas Eletrônicos 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.
- Others
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Key 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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South America Precision Agriculture Market Segmentation
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)
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
Brazil is expected to hold a significant share of the South America Precision Agriculture Market owing to the country’s vast attributes, including its geographical area and high level of government support for modern agriculture practices.
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- Understand geographical trends across diverse markets for better expansion strategies.
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