According to the latest market research report title “Brazil Precision Agriculture Market By Offering (Hardware, Software, Services), By Application (Precision Irrigation, Yield Monitoring, Precision Spraying, Precision Fertilization, Precision Planting, Data Management, Others), By Crop Type (Cereals & Grains, Oil seeds & Pulses, Fruits & Vegetables) and others–Forecast to 2030″, published by MarkNtel Advisors, 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 data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Brazil Precision Agriculture Market 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.
Moreover, the expansion of various regional training centers for precision agriculture in Brazil would also help boost technology adoption among various small- & medium-sized farmers who often lack technical know-how. Further, through investments in research and development (R&D), these hubs would help facilitate the creation of cutting-edge technologies domestically, specifically tailored to the needs and challenges of Brazilian agriculture. This would promote the cost-competitive availability of precision technologies in the country. Thus, these factors combined are anticipated to offer lucrative growth opportunities to adopt precision agriculture in Brazil during 2024-30.
Brazil Precision Agriculture Market Segmentation
The Brazil Precision Agriculture Market is highly robust and fragmented into numerous segments;
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 Region
-North
-North East
-Central West
-South East
-South
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Key Players Operating in the Brazil Precision Agriculture Market: –
Raven Industries, Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Topcon Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Trimble Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Brazil Precision Agriculture Market during the forecast period?
- Which segment is expected to lead the Brazil Precision Agriculture Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
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Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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