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Report Title

Latin America Advanced Farming Technique Market 2016-2022

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Report Title

Latin America Advanced Farming Technique Market 2016-2022


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Latin America Advanced Farming Technique Market 2016-2022

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Latin America Advanced Farming Technique Market 2016-2022



Executive Summary

Latin America Advanced Farming Market-Drivers, Opportunities, Trends, and Forecasts: 2016-2022

The agriculture sector plays a major role in Latin America's GDP with a steady growth of population and growing food requirements in the region. The farmers in the region have started utilizing the advanced farming techniques to increase the productivity and reduce the environmental risks.

The advanced farming technologies such as HPPS and VRT help the farmers to take informed decisions about crop harvesting and thereby increase the yield. Alternatively, advanced farming has become a keystone of sustainable agriculture and it compliments crops, soil, and farmers. Since the past 2-3 years, the cloud based farming management systems are being implemented in the advanced farming market. With the help of farming management systems, the farmers can now monitor or track the farm activities from any location by using mobile devices. Many providers in the region have started to provide this service to farmers to improve and develop the way of farming being done.

The factors such as government investments, growing food requirements, and the need for water management systems are driving the advanced farming market growth. Small farmers in the region have started implementing advanced farming technologies with the help of government support, especially in the countries such as Brazil, Mexico, Chile, and Argentina.

Today, a lot of farming companies are partnering with the technology and telecom operators to improve the present advanced farming techniques. With the increase in the number of advanced farming projects and programs in Latin America, the advanced farming market in Latin America is expected to grow rapidly in the next 5-6 years. The Latin America advanced farming market is expected to reach USD 541.8 million by 2022.

Table of Contents

1 Industry Outlook 15

1.1 Industry Overview 15

1.2 Industry Trends 15

1.3 Pest Analysis 16

2 Report Outline 17

2.1 Report Scope 17

2.2 Market Definition 17

2.3 Report Summary 17

2.4 Research Methodology 18

2.5 Report Assumptions 19

3 Market Snapshot 20

3.1 Total Addressable Market (TAM) 20

3.2 Segmented Addressable Market (SAM) 20

3.3 Advanced Farming by Types 22

3.4 Related Markets 22

3.4.1 Connected Agriculture 22

3.4.2 Smart Animal Husbandry 22

4 Market Outlook 23

4.1 Overview 23

4.2 Evolution of Advanced Farming 23

4.3 Architecture of Advanced Farming 25

4.4 Market Segmentation 26

4.5 Porter 5(Five) Forces 27

5 Market Characteristics 28

5.1 Market Trends 28

5.1.1 Increase in Livestock Farming 28

5.1.2 Robotics Farming 28

5.1.3 M2M and IoT in Agriculture 28

5.2 Architecture of M2M in Agriculture 29

5.3 Value Chain 29

5.4 Market Dynamics 30

5.4.1.1 Demand for farm management software 30

5.4.1.2 Convergence of modern technologies 30

5.4.1.3 Growing food requirement 31

5.4.1.4 Increasing use of precision agriculture 31

5.4.2 Restraints 31

5.4.2.1 Lack of internet connectivity for M2M farming 31

5.4.2.2 Changing climate conditions and increasing population 31

5.4.2.3 Improper IT infrastructure for farming 31

5.4.3 Opportunities 32

5.4.3.1 Drones and robots for managing farms 32

5.4.3.2 Increasing M2M applications 32

5.4.3.3 Increase in the use of connected farms in developing economies 32

5.4.4 DRO-Impact Analysis 32

5.4.5 Key Stakeholders 33

6 Technologies: Market Size and Analysis 34

6.1 Overview 34

6.2 Variable-Rate Technology (VRT) 35

6.2.1 Overview 35

6.2.2 Market Size and Analysis 37

6.3 High Precision Positioning Systems 38

6.3.1 Overview 38

6.3.2 Market Size and Analysis 40

6.4 Automated Steering Systems 41

6.4.1 Overview 41

6.4.2 Market Size and Analysis 41

6.5 Remote Sensing 42

6.5.1 Overview 42

6.5.2 Market Size and Analysis 42

6.6 Integrated Electronic Communicatio

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Trimble Navigation, AGCO Corp, Deere & Company, Raven Industries, AqJunction, IBM, Microsoft Corp, Yara, Valmount Industries Inc, Aqribotix,AqDNA,Smart Fertilizer Management, FTI Pty Ltd, BovControl, Strider, 8villages,


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