DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Latin America Advanced Farming Technique Market 2016-2022" report to their offering.
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 $541.8 million by 2022.
- AGCO Corp
- Deere & Company
- FTI Pty Ltd
- Microsoft Corp
- Raven Industries
- Smart Fertilizer Management
- Trimble Navigation
- Valmount Industries Inc
Key Topics Covered:
1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Outlook
5 Market Characteristics
6 Technologies: Market Size and Analysis
7 Applications: Market Size and Analysis
8 Deployment Model: Market Size and Analysis
9 Services: Market Size and Analysis
10 Countries: Market Size and Analysis
11 Competitive Landscape
12 Vendor Profiles
13 Global Generalist
14 Companies to Watch For
For more information about this report visit http://www.researchandmarkets.com/research/2hgs5w/latin_america