The market of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean is forecast to more than triple in one decade. The sales revenue of GNSS devices for this purpose in the region was forecast at 80 million euros in 2019, and is expected to surpass 300 million euros by 2029. This will represent more than 200 thousand units worth of agricultural GNSS shipments in the region.
Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029
(in million euros)
Global navigation satellite system (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites.
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Statista. (October 22, 2020). Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in million euros) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/
Statista. "Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in million euros)." Chart. October 22, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/
Statista. (2020). Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in million euros). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/
Statista. "Sales Revenue of Global Navigation Satellite Systems (Gnss) for Agricultural Use in Latin America and The Caribbean from 2019 to 2029 (in Million Euros)." Statista, Statista Inc., 22 Oct 2020, https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/
Statista, Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in million euros) Statista, https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/ (last visited December 19, 2024)
Sales revenue of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in million euros) [Graph], Statista, October 22, 2020. [Online]. Available: https://www.statista.com/statistics/1181384/gnss-agriculture-revenue-latin-america/
