Latin America Smart Agriculture Market 2022-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	105 Pages	Triton Market Research	December, 2022	TRTN17555227

Best Price Guarantee
Price	from $1,500
Length	105 Pages
Publisher	Triton Market Research
Published Date	December, 2022
SKU	TRTN17555227

Latin America Smart Agriculture Market 2022-2028

MARKET OUTLOOK

Latin America’s smart agriculture market is anticipated to showcase growth, with a CAGR of 9.88% over the forecasting period from 2022 to 2028, as per the report by Triton Market Research. Mexico, Brazil, and Rest of Latin America are covered in the market report of this region.

The indoor vertical farming concept is gaining popularity in Brazil. São Paulo-based Pink Farms uses pink light and various grow light combinations to cultivate crops using less water and chemicals. The Brazilian government is encouraging public-private partnerships to foster the long-term development of the agricultural sector.

In January 2022, Brazil’s Ministry of Agriculture, Livestock, and Supply inked a deal with a leading sustainable seafood company called Forever Ocean. This agreement is anticipated to improve aquaculture and boost the country’s sustainable seafood output. Such developments are anticipated to fuel the studied market’s growth in the coming years.

Argentina is home to nearly 730 agricultural companies, which shows that agriculture plays a vital role in the nation’s economy. Further, due to rising environmental concerns, such as carbon emissions from vehicular pollution, the Association of Cooperative Argentina (ACA) is promoting smart agriculture to produce food sustainably and efficiently. Further, the World Bank announced a $400 million loan facility to strengthen innovative agricultural practices and enhance Argentina’s agri-food system productivity, in December 2021. These developments are expected to drive the adoption of smart agriculture solutions.

COMPETITIVE OUTLOOK

Major players engaged in the smart agriculture market include AGCO Corporation, Trimble Inc, Deere & Company, MSD Animal Health (Merck & Co), SemiosBio Technologies Inc, AgEagle Aerial Systems Inc, Topcon Positioning Systems Inc, and InnovaSea Systems Inc.

1. Latin America Smart Agriculture Market – Summary
2. Industry Outlook: 2.1. Key Insights; 2.1.1. Use Of Vertical Farming Due To Rising Food Demand; 2.1.2. Rising Labor Cost; 2.1.3. Rising Food Security Concerns Due To Climate Change; 2.2. Impact Of Covid-19 On The Smart Agriculture Market; 2.3. Porter’s Five Forces Analysis; 2.3.1. Threat Of New Entrants; 2.3.2. Threat Of Substitutes; 2.3.3. Bargaining Power Of Buyers; 2.3.4. Bargaining Power Of Suppliers; 2.3.5. Threat Of Competitive Rivalry; 2.4. Market Attractiveness Index; 2.5. Vendor Scorecard; 2.6. Key Market Strategies; 2.6.1. Acquisitions; 2.6.2. Product Launches; 2.6.3. Partnerships & Agreements; 2.7. Market Drivers; 2.7.1. Automation In The Agricultural Industry; 2.7.2. Increasing Corporate Farming; 2.7.3. Advancements In Agricultural Technology Around The Globe; 2.7.4. Government Initiatives To Help The Agricultural Sector; 2.8. Market Challenges; 2.8.1. High Cost Of Modern Agricultural Equipment; 2.8.2. Shortage Of Skilled Operators; 2.9. Market Opportunities; 2.9.1. Drone Usage Is Revolutionizing The Agricultural Sector; 2.9.2. Increase In The Use Of Vertical Farming
3. Latin America Smart Agriculture Market Outlook – By Type: 3.1. Precision Farming; 3.2. Livestock Monitoring; 3.3. Precision Aquaculture; 3.4. Smart Greenhouse
4. Latin America Smart Agriculture Market Outlook – By Component: 4.1. Solution; 4.1.1. Hardware; 4.1.1.1. Hvac Systems; 4.1.1.2. Led Grow Lights; 4.1.1.3. Valves & Pumps; 4.1.1.4. Sensors & Control Systems; 4.1.1.5. Other Hardware; 4.1.2. Software; 4.1.2.1. Network Management; 4.1.2.2. Agriculture Asset Management; 4.1.2.3. Smart Water Management; 4.1.2.4. Irrigation Management; 4.2. Service; 4.2.1. Consulting; 4.2.2. System Integration & Deployment; 4.2.3. Support & Maintenance; 4.3. Connectivity Technology; 4.3.1. Cellular Iot; 4.3.2. Lora; 4.3.3. Nb-iot; 4.3.4. Global Navigation Satellite Systems; 4.3.5. Wi-fi; 4.3.6. Sigfox; 4.3.7. Wireline; 4.3.8. Wireless Personal Area Network (Wpan); 4.3.9. Other Connectivity Technologies
5. Latin America Smart Agriculture Market – Country Outlook: 5.1. Brazil; 5.2. Mexico; 5.3. Rest Of Latin America
6. Competitive Landscape: 6.1. Agco Corporation; 6.2. Afimilk Ltd; 6.3. Akva; 6.4. Ageagle Aerial Systems Inc; 6.5. Deere & Company; 6.6. The Climate Corporation (Bayer Ag); 6.7. Delaval; 6.8. Trimble Inc; 6.9. Raven Industries; 6.10. Lumigrow Inc; 6.11. Topcon Positioning Systems Inc; 6.12. Agjunction; 6.13. Innovasea Systems Inc; 6.14. Msd Animal Health (Merck & Co); 6.15. Semiosbio Technologies Inc; 6.16. Aker Technologies Inc
7. Research Methodology & Scope: 7.1. Research Scope & Deliverables; 7.2. Sources Of Data; 7.3. Research Methodology
List Of Tables: Table 1: Latin America Smart Agriculture Market, By Country Outlook, 2022-2028 (In $ Million); Table 2: Vendor Scorecard; Table 3: Latin America Smart Agriculture Market, By Type, 2022-2028 (In $ Million); Table 4: Latin America Smart Agriculture Market, By Component, 2022-2028 (In $ Million); Table 5: Latin America Smart Agriculture Market, By Solution, 2022-2028 (In $ Million); Table 6: Latin America Smart Agriculture Market, By Hardware, 2022-2028 (In $ Million); Table 7: Latin America Smart Agriculture Market, By Software, 2022-2028 (In $ Million); Table 8: Latin America Smart Agriculture Market, By Service, 2022-2028 (In $ Million); Table 9: Latin America Smart Agriculture Market, By Connectivity Technology, 2022-2028 (In $ Million); Table 10: Latin America Smart Agriculture Market, By Country Outlook, 2022-2028 (In $ Million)
List Of Figures: Figure 1: Market Attractiveness Index; Figure 2: Latin America Smart Agriculture Market, By Type, 2021 & 2028 (In %); Figure 3: Latin America Smart Agriculture Market, By Precision Farming, 2022-2028 (In $ Million); Figure 4: Latin America Smart Agriculture Market, By Livestock Monitoring, 2022-2028 (In $ Million); Figure 5: Latin America Smart Agriculture Market, By Precision Aquaculture, 2022-2028 (In $ Million); Figure 6: Latin America Smart Agriculture Market, By Smart Greenhouse, 2022-2028 (In $ Million); Figure 7: Latin America Smart Agriculture Market, By Component, 2021 & 2028 (In %); Figure 8: Latin America Smart Agriculture Market, By Solution, 2022-2028 (In $ Million); Figure 9: Latin America Smart Agriculture Market, By Solution, 2021 & 2028 (In %); Figure 10: Latin America Smart Agriculture Market, By Hardware, 2022-2028 (In $ Million); Figure 11: Latin America Smart Agriculture Market, By Hardware, 2021 & 2028 (In %); Figure 12: Latin America Smart Agriculture Market, By Hvac Systems, 2022-2028 (In $ Million); Figure 13: Latin America Smart Agriculture Market, By Led Grow Lights, 2022-2028 (In $ Million); Figure 14: Latin America Smart Agriculture Market, By Valves & Pumps, 2022-2028 (In $ Million); Figure 15: Latin America Smart Agriculture Market, By Sensors & Control Systems, 2022-2028 (In $ Million); Figure 16: Latin America Smart Agriculture Market, By Other Hardware, 2022-2028 (In $ Million); Figure 17: Latin America Smart Agriculture Market, By Software, 2022-2028 (In $ Million); Figure 18: Latin America Smart Agriculture Market, By Software, 2021 & 2028 (In %); Figure 19: Latin America Smart Agriculture Market, By Network Management, 2022-2028 (In $ Million); Figure 20: Latin America Smart Agriculture Market, By Agriculture Asset Management, 2022-2028 (In $ Million); Figure 21: Latin America Smart Agriculture Market, By Smart Water Management, 2022-2028 (In $ Million); Figure 22: Latin America Smart Agriculture Market, By Irrigation Management, 2022-2028 (In $ Million); Figure 23: Latin America Smart Agriculture Market, By Service, 2022-2028 (In $ Million); Figure 24: Latin America Smart Agriculture Market, By Service, 2021 & 2028 (In %); Figure 25: Latin America Smart Agriculture Market, By Consulting, 2022-2028 (In $ Million); Figure 26: Latin America Smart Agriculture Market, By System Integration & Deployment, 2022-2028 (In $ Million); Figure 27: Latin America Smart Agriculture Market, By Support & Maintenance, 2022-2028 (In $ Million); Figure 28: Latin America Smart Agriculture Market, By Connectivity Technology, 2022-2028 (In $ Million); Figure 29: Latin America Smart Agriculture Market, By Connectivity Technology, 2021 & 2028 (In %); Figure 30: Latin America Smart Agriculture Market, By Cellular Iot, 2022-2028 (In $ Million); Figure 31: Latin America Smart Agriculture Market, By Lora, 2022-2028 (In $ Million); Figure 32: Latin America Smart Agriculture Market, By Nb-iot, 2022-2028 (In $ Million); Figure 33: Latin America Smart Agriculture Market, By Global Navigation Satellite Systems, 2022-2028 (In $ Million); Figure 34: Latin America Smart Agriculture Market, By Wi-fi, 2022-2028 (In $ Million); Figure 35: Latin America Smart Agriculture Market, By Smart Greenhouse, 2022-2028 (In $ Million); Figure 36: Latin America Smart Agriculture Market, By Wireline, 2022-2028 (In $ Million); Figure 37: Latin America Smart Agriculture Market, By Wireless Personal Area Network (Wpan), 2022-2028 (In $ Million); Figure 38: Latin America Smart Agriculture Market, By Other Connectivity Technologies, 2022-2028 (In $ Million); Figure 39: Latin America Smart Agriculture Market, Country Outlook, 2021 & 2028 (In %); Figure 40: Brazil Smart Agriculture Market 2022-2028 (In $ Million); Figure 41: Mexico Smart Agriculture Market 2022-2028 (In $ Million); Figure 42: Rest Of Latin America Smart Agriculture Market 2022-2028 (In $ Million)