Mexico Guidance and Steering System for Agriculture Market to 2032
Overview
The Mexico Guidance and Steering System for Agriculture Market is expected to reach a 158.02 USD Million by 2032 and is projected to grow at a CAGR of 17.16% from 2025 to 2032.
Revenue, 2024 (USD Million)
52.14
Forecast, 2032 (USD Million)
158.02
CAGR, 2024 - 2032
17.16%
Report Coverage
Mexico
Mexico Guidance and Steering System for Agriculture Market 2018-2032 USD Million
Mexico Guidance and Steering System for Agriculture Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 52.14 USD Million
- Projected Market Size (2032): 158.02 USD Million
- CAGR (2025-2032): 17.16%
Key Findings of Mexico Guidance and Steering System for Agriculture Market
- The Mexico Guidance and Steering System for Agriculture Market was valued at 52.14 USD Million in 2024.
- The Mexico Guidance and Steering System for Agriculture Market is likely to grow at a CAGR of 17.16% 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 35.97 USD Million
- The fastest growing segment Software in Component Segment grew Fastest with a CAGR of 17.97% during the forecast period from 2024 to 2032.
Mexico Guidance and Steering System for Agriculture Market Scope
Mexico Guidance and Steering System for Agriculture Market Segmentation & Scope
Type
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
Component
- Hardware
- Services
- Software
- Services
- Software
- Hardware
End Use
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
Mexico 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 | 52.14 USD Million |
| Market Value in 2032 | 158.02 USD Million |
| CAGR (2025-2032) | 17.16% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Component,End Use |
Regional Insights:
-
Leading Market (2024-2032): Mexico, leading in terms of revenue 52.14 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 52.14 USD Million in 2024.
Segments and Scope
-
Mexico Guidance and Steering System for Agriculture Market to 2032, By Type
- Global Positioning System (GPS) is the largest segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a revenue of 22.99 USD Million in the year 2024.
- Global Positioning System (GPS) is the Fastest growing segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 17.49 % in forecast period 2025-2032.
-
Mexico Guidance and Steering System for Agriculture Market to 2032, By Component
- Hardware is the largest segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a revenue of 35.97 USD Million in the year 2024.
- Software is the Fastest growing segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 17.03 % in forecast period 2025-2032.
-
Mexico Guidance and Steering System for Agriculture Market to 2032, By End Use
- GNSS-Enabled Ploughers is the largest segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a revenue of 20.96 USD Million in the year 2024.
- GNSS-Enabled Ploughers is the Fastest growing segment in Mexico Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 17.70 % in forecast period 2025-2032.
Mexico 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. | |||
Mexico Guidance and Steering System for Agriculture Market Geographical Sales Distribution, 2018-2032 USD Million
Mexico Guidance and Steering System for Agriculture Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Mexico Guidance and Steering System for Agriculture Market is segmented based on Segmentation Type,Component,End Use.
Mexico Guidance and Steering System for Agriculture Market was valued at USD 52.14(Revenue in USD Million) in 2023.
Mexico Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 17.16% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Mexico Guidance and Steering System for Agriculture Market, holding a largest market share of 35.97 USD Million in 2024
Mexico Guidance and Steering System for Agriculture Market Scope
Mexico Guidance and Steering System for Agriculture Market Segmentation & Scope
Type
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
- Others
- Galileo
- Globalnaya Navigazionnaya Sputnikovaya Sistema (GLONASS)
- BeiDou Navigation Satellite System (BDS)
- Global Positioning System (GPS)
Component
- Hardware
- Services
- Software
- Services
- Software
- Hardware
End Use
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
- Others
- Precision Spraying and Fertilization
- GNSS-Enabled Harvesters
- GNSS-Enabled Planters/Seeders
- GNSS-Enabled Ploughers
Frequently Asked Questions
The Mexico Guidance and Steering System for Agriculture Market is segmented based on Segmentation Type,Component,End Use.
Mexico Guidance and Steering System for Agriculture Market was valued at USD 52.14(Revenue in USD Million) in 2023.
Mexico Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 17.16% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Guidance and Steering System for Agriculture Market for final year is USD 158.02 (USD Million).
Mexico Guidance and Steering System for Agriculture Market Company Profiling
Frequently Asked Questions
The Mexico Guidance and Steering System for Agriculture Market is segmented based on Segmentation Type,Component,End Use.
Mexico Guidance and Steering System for Agriculture Market was valued at USD 52.14(Revenue in USD Million) in 2023.
Mexico Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 17.16% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Guidance and Steering System for Agriculture Market for final year is USD 158.02 (USD Million).
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