Agriculture Industry Today

Advanced Farming Technique Latin America Market 2016 Analysis, Opportunities and Forecast to 2022

“Advanced Farming Technique Market Report on Global Market Status and Forecast by Players Types and Applications” newly adds in database. This report covers leading key company profiles with information such as business overview.
Published 13 March 2018
Advanced farming is termed as an IT based farming management to analyze, manage, and identify the variability in the fields for projection, optimum profitability, and sustainability of the land resource. Advanced farming provides benefits for both environment and economic sectors such as reducing the use of fertilizers, water, pesticides, and herbicides by using the farm equipment. Some of the major drivers are monitoring the plant and soil, saving time and cost in the production of crops, providing better information for management decisions, and reducing the use of excess run-off water.
According to Publisher, the "Latin America Advanced Farming Market" is estimated to witness a CAGR of 15.8% during the forecast period 2016-2022. The market is growing due to the growth of population and uncultivated land in the Latin America region. The increase in the population will force the farmers to come up with a good yield of crops and thus, using advanced farming helps in improving the productivity with a different set of technologies.
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Some of the players included in the report are Raven Industries Inc., Trimble Navigation Ltd., AGCO Corp., Deere & Company, and AgJunction Inc. The advanced farming market is segmented by technologies, applications, services, deployment model, and countries. The High Precision Positioning Systems (HPPS) is expected to reach $75.3 million by 2022, growing at a CAGR of 15.8% during the forecast period 2016-2022. In farming, HPPS is used for collecting, storing, processing, and offering data to manage the farm. In addition, Global Positioning Systems (GPS) provides accurate information and allows farmers to work in low visibility of field conditions such as fog, dust, rain, and darkness. The countries included in the report are Brazil, Mexico, Argentina, Ecuador, Peru, Uruguay, Bolivia, Chile, and Colombia. Brazil holds the largest share of the market whereas other countries are projected to have great opportunities in the market in the coming years
The study covers and analyzes the "Latin America Advanced Farming" market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
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
For more information about this report:
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 Demand for farm management software 30 Convergence of modern technologies 30 Growing food requirement 31 Increasing use of precision agriculture 31
5.4.2 Restraints 31 Lack of internet connectivity for M2M farming 31 Changing climate conditions and increasing population 31 Improper IT infrastructure for farming 31
5.4.3 Opportunities 32 Drones and robots for managing farms 32 Increasing M2M applications 32 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 Communication 43
6.6.1 Overview 43
6.6.2 Market Size and Analysis 45
7 Applications: Market Size and Analysis 46
7.1 Overview 46
7.2 Fleet Management 47
7.2.1 Overview 47
7.2.2 Market Size and Analysis 49
7.3 Livestock Farming 49
7.3.1 Overview 49
7.3.2 Market Size and Analysis 50
7.4 Forest Farming 52
7.4.1 Overview 52
7.4.2 Market Size and Analysis 52
7.5 Aqua Farming 53
7.5.1 Overview 53
7.5.2 Market Size and Analysis 54
7.6 Horticulture 55
7.6.1 Overview 55
7.6.2 Market Size and Analysis 56
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