The market of global navigation satellite systems (GNSS) for agricultural use in Latin America and the Caribbean is forecast to grow continuously in upcoming years. Annual shipments of these devices in the region are forecast to reach 210 thousand units by 2029, nearly triple the figure expected for 2019. This will represent a sales revenue in the region of roughly 310 million euros.
Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029
(in 1,000 units)
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). Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in 1,000 units) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/
Statista. "Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in 1,000 units)." Chart. October 22, 2020. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/
Statista. (2020). Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in 1,000 units). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/
Statista. "Shipments of Global Navigation Satellite System (Gnss) for Agricultural Use in Latin America and The Caribbean from 2019 to 2029 (in 1,000 Units)." Statista, Statista Inc., 22 Oct 2020, https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/
Statista, Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in 1,000 units) Statista, https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/ (last visited November 10, 2024)
Shipments of global navigation satellite system (GNSS) for agricultural use in Latin America and the Caribbean from 2019 to 2029 (in 1,000 units) [Graph], Statista, October 22, 2020. [Online]. Available: https://www.statista.com/statistics/1181350/gnss-agriculture-shipments-latin-america/