MarkNtel Advisors recently published a detailed industry analysis of the South America Precision Agriculture Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the South America Precision Agriculture Market (2024-2030)
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.
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What is driving the South America Precision Agriculture Market?
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.
What segments define the South America Precision Agriculture Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Offering
(Hardware, (Automation & Control System, (GPS/GNSS System, Guidance & Steering System, Flow & Application Rate Control Solutions, Handheld Computers/Mobile devices, Agriculture Cameras, Others (Variable Rate Technology (VRT) Devices, Automated Planting Systems, etc.)), Sensing & Monitoring, (Yield Monitors, Remote Sensing Systems, GPS Mapping & Satellite Imagery, Others (Environmental Monitoring Devices, Precision Irrigation Sensors, etc.)), UAVs & Drones, (Software, Services), (Integration & Deployment, Maintenance & Repair, Others (Data Analytics & Insights Services, Training & Consultancy Services, etc.)),
By Application
(Precision Irrigation, Yield Monitoring, Precision Spraying, (Targeted Pesticide Spraying, Precision Fertilization, Precision Planting), (Optimization of Planting Lines, Data Management, Others), (Nematode Mapping, Weed Mapping, Others),
By Crop Type
(Cereals & Grains, Oil Seeds & Pulses, Fruits & Vegetables, Others (Herbs, Ornamental Plants, etc.))
By Regions
Brazil, Argentina, Chile, Colombia, 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
Who are the leading key players shaping the South America Precision Agriculture Market landscape?
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
Questions Addressed in this Study
1.What factors are driving the South America Precision Agriculture Market growth?
2.How is the South America Precision Agriculture Market expected to grow over the next five years?
3.What are the key insights into the current trends in the South America Precision Agriculture Market?
4.What is the current size of the South America Precision Agriculture Market, and how is it projected to change in the future?
6.What is the future outlook for the South America Precision Agriculture Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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