Latin America: shipments of GNSS for agricultural use 2019-2029

Published by P. Navarro Villa, Sep 28, 2023
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)

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Release date

October 2020

Region

LAC

Survey time period

2019

Special properties

forecasts

Supplementary notes

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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