2024 Outlook: Brazil Precision Agriculture Market Growth and Future Trends

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2024 Outlook: Brazil Precision Agriculture Market Growth and Future Trends

Market Summary

The Brazil Precision Agriculture Market is growing due to innovation, evolving demand, and industry shifts. This report offers insights into market size, value, trends, competitive analysis, and key company strategies. It supports strategic planning with data-driven forecasts and regional insights, helping stakeholders identify opportunities, assess performance, and navigate the changing landscape effectively.

Key Report Highlights:

  • Market size and projections
  • Recent strategic moves by companies
  • Primary stakeholders
  • Import and export trends
  • Competitive landscape assessment
  • Emerging opportunities
  • Market trends and indicators

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Market size and projections

The Brazil Precision Agriculture Market is estimated to grow at a CAGR of around 17.97% during the forecast period, i.e., 2024-30. 

Market Key Driver –

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.

Competitive Landscape:

The report profiles key players in the Brazil Precision Agriculture market, including:

  • 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.

These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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Brazil Precision Agriculture Market Segmentation Analysis:

The market is segmented into the following categories:

By Offering

  • Hardware
    • Automation and Control System
      • GPS/GNSS System
      • Guidance and 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 and 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

Precision spraying is a prominent application area for the Precision Agriculture Market in Brazil due to its potential to address key challenges faced by the country's agricultural sector. 

By Crop Type

  • Cereals & Grains
  • Oil seeds & Pulses
  • Fruits & Vegetables
  • Others (Herbs, Ornamental Plants, etc.)

Brazil generates substantial demand for precision agriculture in the Cereal & Grain segment, as these crops often require precise management of inputs, such as fertilizers, pesticides, and water to achieve optimal growth and yield. 

By Region

  • North
  • North East
  • Central West
  • South East
  • South

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Key Questions Covered in the Report:

  1. What is the current size and value of the Brazil Precision Agriculture market?
  2. How is the Brazil Precision Agriculture market expected to grow by 2030?
  3. What key trends are shaping the future of the Brazil Precision Agriculture market?
  4. What factors are driving demand in the Brazil Precision Agriculture industry?
  5. Which regions show the strongest growth in the Brazil Precision Agriculture market?
  6. Who are the major players in the Brazil Precision Agriculture market and their strategies?
  7. What segments are leading revenue generation in the Brazil Precision Agriculture market?
  8. How are regulations influencing the Brazil Precision Agriculture market outlook?
  9. What are the major challenges facing the Brazil Precision Agriculture market?
  10. What new technologies are emerging in the Brazil Precision Agriculture industry?
  11. How is consumer behavior evolving in the Brazil Precision Agriculture market space?
  12. What opportunities exist for new entrants in the Brazil Precision Agriculture market?
  13. How does pricing vary across regions in the Brazil Precision Agriculture market?
  14. What investment trends are impacting the Brazil Precision Agriculture market growth?
  15. What is the forecasted CAGR for the Brazil Precision Agriculture market through 2030?

Who We Are:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative and quantitative research company, strive to deliver data to a substantial and varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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