Brazil Precision Agriculture Market Report: 2024-2030
According to MarkNtel Advisors recent report “Brazil Precision Agriculture Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
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Brazil Precision Agriculture Market Overview
The Brazil Precision Agriculture Market is estimated to grow at a CAGR of around 17.97% during the forecast period, i.e., 2024-30. The market growth is attributed to the confluence of factors ranging from government policies to international trade exhibitions & environmental imperatives. The key factor is the launch of, Law No. 14.475, by the brazil government. This policy framework incentivizes the adoption of precision agriculture techniques across Brazil. By providing a structured approach and potentially offering financial incentives or subsidies, the law encourages farmers to invest in precision agriculture technologies, expanding their usage throughout the country. This legislative support portrays the government’s recognition of the importance of precision agriculture in enhancing agricultural productivity and sustainability in the country.
Brazil Precision Agriculture Industry Opportunity
Boost in Technological Advancements & Development of Domestic Innovation Hubs to Create Notable Opportunities
- In Brazil, the innovation hubs’ establishment is focused on precision agriculture by prominent players, such as Bayer, John Deere, etc., presenting a significant opportunity to drive demand and adoption of advanced farming practices. These hubs serve as focal points for research, development, and collaboration between various stakeholders, including universities, tech companies, government agencies, and agricultural organizations.
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Brazil Precision Agriculture Market Segmentation
By Offering
- Hardware- Market Size & Forecast 2019-2030, (USD Million)
- Automation and Control System- Market Size & Forecast 2019-2030, (USD Million)
- GPS/GNSS System- Market Size & Forecast 2019-2030, (USD Million)
- Guidance and 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 and 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 and 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)
Geographical Insights:
- North
- North East
- Central West
- South East
- South
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Brazil Precision Agriculture market.
Key Players
- > 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.
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