South Korea Guidance and Steering System for Agriculture Market to 2032

Overview

The South Korea Guidance and Steering System for Agriculture Market is expected to reach a 369.14 USD Million by 2032 and is projected to grow at a CAGR of 21.05% from 2025 to 2032.

Revenue, 2024 (USD Million)
96.90
Forecast, 2032 (USD Million)
369.14
CAGR, 2024 - 2032
21.05%
Report Coverage
South Korea

South Korea Guidance and Steering System for Agriculture Market 2018-2032 USD Million

South Korea Guidance and Steering System for Agriculture Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 96.90 USD Million
  • Projected Market Size (2032): 369.14 USD Million
  • CAGR (2025-2032): 21.05%

Key Findings of South Korea Guidance and Steering System for Agriculture Market

  • The South Korea Guidance and Steering System for Agriculture Market was valued at 96.90 USD Million in 2024.
  • The South Korea Guidance and Steering System for Agriculture Market is likely to grow at a CAGR of 21.05% 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 65.16 USD Million
  • The fastest growing segment Software in Component Segment grew Fastest with a CAGR of 22.16% during the forecast period from 2024 to 2032.

South Korea Guidance and Steering System for Agriculture Market Scope

South Korea 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

South Korea 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 96.90 USD Million
Market Value in 2032 369.14 USD Million
CAGR (2025-2032) 21.05%
Historic Data 2016-2023
Market Segments Covered End Use,Type,Component

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 96.90 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 96.90 USD Million in 2024.

Segments and Scope

  • South Korea Guidance and Steering System for Agriculture Market to 2032, By End Use
    • GNSS-Enabled Ploughers is the largest segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a revenue of 37.84 USD Million in the year 2024.
    • GNSS-Enabled Ploughers is the Fastest growing segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 21.65 % in forecast period 2025-2032.
  • South Korea Guidance and Steering System for Agriculture Market to 2032, By Type
    • Global Positioning System (GPS) is the largest segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a revenue of 39.68 USD Million in the year 2024.
    • Global Positioning System (GPS) is the Fastest growing segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 21.67 % in forecast period 2025-2032.
  • South Korea Guidance and Steering System for Agriculture Market to 2032, By Component
    • Hardware is the largest segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a revenue of 65.16 USD Million in the year 2024.
    • Software is the Fastest growing segment in South Korea Guidance and Steering System for Agriculture Market to 2032 with a Growth rate of 20.88 % in forecast period 2025-2032.

South Korea Guidance and Steering System for Agriculture Market Company Share Analysis

 
Company Name Company Share Analysis
Hexagon AB
Danfoss
CNH Industrial N.V.
RAVEN INDUSTRIES, INC.
SDF S.p.A.
South Korea Guidance and Steering System for Agriculture Market Company Share Analysis

South Korea Guidance and Steering System for Agriculture Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Guidance and Steering System for Agriculture Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Guidance and Steering System for Agriculture Market Company Profiling

South Korea Guidance and Steering System for Agriculture Market Company Profiling
Frequently Asked Questions
The South Korea Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
South Korea Guidance and Steering System for Agriculture Market was valued at USD 96.90(Revenue in USD Million) in 2023.
South Korea Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 21.05% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the South Korea Guidance and Steering System for Agriculture Market, holding a largest market share of 65.16 USD Million in 2024

South Korea Guidance and Steering System for Agriculture Market Scope

South Korea 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 South Korea Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
South Korea Guidance and Steering System for Agriculture Market was valued at USD 96.90(Revenue in USD Million) in 2023.
South Korea Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 21.05% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Guidance and Steering System for Agriculture Market for final year is USD 369.14 (USD Million).

South Korea Guidance and Steering System for Agriculture Market Company Profiling

South Korea Guidance and Steering System for Agriculture Market Company Profiling
Frequently Asked Questions
The South Korea Guidance and Steering System for Agriculture Market is segmented based on Segmentation End Use,Type,Component.
South Korea Guidance and Steering System for Agriculture Market was valued at USD 96.90(Revenue in USD Million) in 2023.
South Korea Guidance and Steering System for Agriculture Market is projected to grow at a CAGR of 21.05% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Guidance and Steering System for Agriculture Market for final year is USD 369.14 (USD Million).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.