Latvia Guidance and Steering System for Agriculture Market to 2032
Overview
The Latvia Guidance and Steering System for Agriculture Market is expected to reach a 16.33 USD Million by 2032 and is projected to grow at a CAGR of 13.33% from 2025 to 2032.
Revenue, 2024 (USD Million)
6.80
Forecast, 2032 (USD Million)
16.33
CAGR, 2024 - 2032
13.33%
Report Coverage
Latvia
Latvia Guidance and Steering System for Agriculture Market 2018-2032 USD Million
Latvia Guidance and Steering System for Agriculture Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.80 USD Million
- Projected Market Size (2032): 16.33 USD Million
- CAGR (2025-2032): 13.33%
Key Findings of Latvia Guidance and Steering System for Agriculture Market
- The Latvia Guidance and Steering System for Agriculture Market was valued at 6.80 USD Million in 2024.
- The Latvia Guidance and Steering System for Agriculture Market is likely to grow at a CAGR of 13.33% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Hardware in Component Segment accounted for the largest share of the market with a revenue of 4.85 USD Million
- The fastest growing segment Software in Component Segment grew Fastest with a CAGR of 14.11% during the forecast period from 2024 to 2032.
Latvia Guidance and Steering System for Agriculture Market Scope
Latvia Guidance and Steering System for Agriculture Market Segmentation & Scope
End Use
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
Type
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
Component
- Services
- Software
- Hardware
Latvia Guidance and Steering System for Agriculture Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 6.80 USD Million |
| Market Value in 2032 | 16.33 USD Million |
| CAGR (2025-2032) | 13.33% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use,Type,Component |
Regional Insights:
-
Leading Market (2024-2032): Latvia, leading in terms of revenue 6.80 USD Million in 2024
- Key Country: Latvia, leading in terms of revenue with value of 6.80 USD Million in 2024.
Segments and Scope
-
Latvia Guidance and Steering System for Agriculture Market to 2032, By End Use
- GNSS-Enabled Ploughers is the largest segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a revenue of 2.96 USD Million in the year 2024.
- GNSS-Enabled Ploughers is the Fastest growing segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 13.75 % in forecast period 2025-2032.
-
Latvia Guidance and Steering System for Agriculture Market to 2032, By Type
- Global Positioning System (GPS) is the largest segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a revenue of 3.11 USD Million in the year 2024.
- Global Positioning System (GPS) is the Fastest growing segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 13.58 % in forecast period 2025-2032.
-
Latvia Guidance and Steering System for Agriculture Market to 2032, By Component
- Hardware is the largest segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a revenue of 4.85 USD Million in the year 2024.
- Software is the Fastest growing segment in Latvia Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 13.23 % in forecast period 2025-2032.
Latvia Guidance and Steering System for Agriculture Market Company Share Analysis
| Company Name |
|
||
| Hexagon AB | |||
| Danfoss | |||
| CNH Industrial N.V. | |||
| RAVEN INDUSTRIES, INC. | |||
| SDF S.p.A. | |||
Latvia Guidance and Steering System for Agriculture Market Geographical Sales Distribution, 2018-2032 USD Million
Latvia Guidance and Steering System for Agriculture Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Latvia Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
Latvia Guidance and Steering System for Agriculture Market was valued at USD 6.80(Revenue in USD Million) in 2023.
Latvia Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 13.33% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Latvia Guidance and Steering System for Agriculture Market, holding a largest market share of 4.85 USD Million in 2024
Latvia Guidance and Steering System for Agriculture Market Scope
Latvia Guidance and Steering System for Agriculture Market Segmentation & Scope
End Use
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
Type
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
Component
- Services
- Software
- Hardware
Frequently Asked Questions
The Latvia Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
Latvia Guidance and Steering System for Agriculture Market was valued at USD 6.80(Revenue in USD Million) in 2023.
Latvia Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 13.33% during the forecast period of 2024 to 2032.
The estimated market value of the Latvia Guidance and Steering System for Agriculture Market for final year is USD 16.33 (USD Million).
Latvia Guidance and Steering System for Agriculture Market Company Profiling
Frequently Asked Questions
The Latvia Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
Latvia Guidance and Steering System for Agriculture Market was valued at USD 6.80(Revenue in USD Million) in 2023.
Latvia Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 13.33% during the forecast period of 2024 to 2032.
The estimated market value of the Latvia Guidance and Steering System for Agriculture Market for final year is USD 16.33 (USD Million).
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