Brazil Precision Agriculture Market Share, Size & Trends Analysis, 2030

Brazil Precision Agriculture Market Research Report: Forecast (2024-2030)

Brazil Precision Agriculture Market - By Offering (Hardware, Software, Services), By Application (Precision Irrigation, Yield Monitoring, Precision Spraying, Precision Fertilization, Precision Plantin... ... n, Precision Planting, Data Management, Others), By Crop Type (Cereals & Grains, Oil seeds & Pulses, Fruits & Vegetables) and others Read more

Environment
Apr 2024
Pages 129
Report Format: PDF, Excel, PPT

Market Definition

Precision agriculture is a technique that involves advanced technologies, such as sensors, drones, etc., to optimize the agriculture production process. This agriculture technique is gaining wider prominence across the agriculture sector due to its enhanced ability to address modern agriculture challenges, including resource scarcity, environmental concerns, and the imperative for sustainable farming practices.

Market Insights & Analysis: Brazil Precision Agriculture Market (2024-30):

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.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	17.97%
Region Covered	North, Northeast , Central West , Southeast, South
Key Companies Profiled	Agres Sistemas Eletrônicos S A, AGCO Corporation, BASF SE, Bayer AG, Deere & Company, Leica Geosystem AG, Farmers Edge Inc., Raven Industries, Inc., Topcon Corporation, Trimble Inc., Others
Unit Denominations	USD Million/Billion

Apart from this, events like the Brazil Farm Show AGRISHOW play a crucial role in catalyzing demand for precision agriculture. AGRISHOW provides a platform for showcasing sophisticated US equipment, designed to improve crop quality, yield, and cost efficiency. Moreover, with Brazil being a major player in global agricultural markets, the exhibition's access to a vast market of over 330 million metric tons of grain underscores the potential for precision agriculture technologies to make a substantial impact. Thus, the enhanced exposure to cutting-edge equipment & technologies at such events stimulates interest & investment in precision agriculture among Brazilian farmers & stakeholders.

Furthermore, Brazil's recognition of agriculture's role in addressing climate change and meeting international commitments further propels the demand for precision agriculture. The country views agricultural innovation, including precision agriculture, as integral to achieving the targets outlined in global agreements, such as the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework. Also, precision agriculture's ability to optimize resource use, reduce emissions, and preserve biodiversity aligns with Brazil's broader environmental objectives, making it a key strategy in the country's sustainable development agenda. Hence, these factors outlay significant growth prospects for the Brazil Precision Agriculture Market in the coming years.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Brazil Agriculture Industry Outlook, 2023
Brazil Agri-Tech Start-up Ecosystem, 2023
1. Entrepreneurial Activity Year on Year
2. YoY Amount Invested
3. Series-wise Funding Received
4. Funding Received by Top Companies
5. Key Investors Active in the Market
Brazil Precision Agriculture Market Key Highlights
1. Adoption of Precision Agriculture Services by Farmers
  1. Adoption Rates
  2. Types of technologies used
  3. Unmet Demand
  4. Emerging Requirements
  5. Impact of Precision Agriculture on Farming Practices
Brazil Precision Agriculture Market Trends & Insights
Brazil Precision Agriculture Market Dynamics
1. Growth Drivers
2. Challenges
Brazil Precision Agriculture Market Hotspot & Opportunities
Brazil Precision Agriculture Market Business Cases
Brazil Precision Agriculture Market Regulation & Policy, By Country
Brazil Precision Agriculture Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Offering
    1. Hardware- Market Size & Forecast 2019-2030, (USD Million)
      1. 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)
      2. 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)
      3. UAVs & Drones
    2. Software- Market Size & Forecast 2019-2030, (USD Million)
    3. Services- Market Size & Forecast 2019-2030, (USD Million)
      1. Integration & Deployment- Market Size & Forecast 2019-2030, (USD Million)
      2. Maintenance & Repair- Market Size & Forecast 2019-2030, (USD Million)
      3. Others (Data Analytics & Insights Services, Training and Consultancy Services, etc.)- Market Size & Forecast 2019-2030, (USD Million)
  2. By Application
    1. Precision Irrigation- Market Size & Forecast 2019-2030, (USD Million)
    2. Yield Monitoring- Market Size & Forecast 2019-2030, (USD Million)
    3. Precision Spraying- Market Size & Forecast 2019-2030, (USD Million)
      1. Targeted Pesticide Spraying
    4. Precision Fertilization- Market Size & Forecast 2019-2030, (USD Million)
    5. Precision Planting- Market Size & Forecast 2019-2030, (USD Million)
      1. Optimization of Planting Lines
    6. Data Management- Market Size & Forecast 2019-2030, (USD Million)
    7. Others
      1. Nematode Mapping
      2. Weed Mapping
      3. Others
  3. By Crop Type
    1. Cereals & Grains- Market Size & Forecast 2019-2030, (USD Million)
    2. Oil seeds & Pulses- Market Size & Forecast 2019-2030, (USD Million)
    3. Fruits & Vegetables- Market Size & Forecast 2019-2030, (USD Million)
    4. Others (Herbs, Ornamental Plants, etc.) - Market Size & Forecast 2019-2030, (USD Million)
  4. By Region
    1. North
    2. North East
    3. Central West
    4. South East
    5. South
  5. By Competitors
    1. Competition Characteristics
    2. Revenue Shares
Brazil Precision Agriculture Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Company Profiles
  1. Agres Sistemas Eletrônicos SA
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. AGCO Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. BASF SE
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Bayer AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Deere & Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Leica Geosystem AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Farmers Edge Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Raven Industries, Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Topcon Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Trimble Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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