Autonomous Tractors Market Worth 60,901 Units by 2025

USA - English

• India - English

The report "Autonomous Tractors Market by Power Output (Up to 30 HP, 31-100 HP, 101 HP and Above), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Farm Application, Component, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global market is projected to witness demand for 12,508 Units in 2019 and 60,901 Units by 2025, at a CAGR of 24.89%. The growth of the Autonomous Tractors Market is expected to be driven by the improved efficiency and productivity of crop yield offered by these tractors and growth in initiatives by governments for the adoption of new technologies. The increase in average age of farmers in developed countries and decline in the availability of labor are also the major factors that will drive the demand for autonomous tractors in the near future.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 47 tables and 36 figures spread through 137 pages and in-depth TOC on "Autonomous Tractors Market - Global Forecast to 2025"

https://www.marketsandmarkets.com/Market-Reports/autonomous-tractor-market-152038487.html

Early buyers will receive 10% customization on this report 

The 101 HP & above segment will account for the largest share of the Autonomous Tractors Market, by power output, in 2019. 

On the basis of power output, 101 HP & above segment will account for the largest share, followed by the 31-100 HP power output segment, in 2019. The demand for medium-powered tractors is expected to grow at a higher rate as compared to high-powered autonomous tractors, owing to the benefits of four-wheeled tractors such as better soil quality maintenance & control, and cultivating capacities with high fuel economy. These tractors are versatile and can be used for multiple applications on and off the field. Owing to these factors, most farmers prefer tractors in this range.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=152038487

Radar will account for the largest market share in 2019. 

On the basis of component, the radar segment will account for the largest market share in 2019. Radar sensors can determine the velocity, range, and angle of moving objects and can work in almost all weather conditions. They are more cost-effective than LiDAR systems but more expensive compared to cameras.

Fruits & vegetables will account for the largest market share among all crop types in 2019. 

On the basis of crop type, the fruits & vegetables segment will have the highest application of autonomous tractors. The possibility of machinery damaging fragile fruits & vegetables or the trees that produce them is increasing the demand for new technologies such as autonomous tractors.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=152038487

North America will dominate the Autonomous Tractors Market in 2019. 

North America will account for the largest share of the Autonomous Tractors Market in 2019. The market is characterized by the presence of large-scale manufacturers, such as AGCO (US) and Deere (US) investing in the development of autonomous tractors. The higher disposable incomes of farmers, lack of trained farm labor, and well-developed technology are the primary reasons for the future expansion of the North American Autonomous Tractors Market.

The Autonomous Tractors Market report includes a study of marketing and development strategies, along with the product portfolios of leading companies such as AGCO (US), CNH (UK), Mahindra & Mahindra (India), Deere (US), Kubota Corporation (Japan), Yanmar (Japan), and Autonomous Tractor Corporation (US).

Browse Related Reports 

Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/agricultural-robot-market-173601759.html

Variable Rate Technology (VRT) Market by Type, Offering, Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables), Application Method (Map-based and Sensor-based), Farm Size (Large, Mid-sized, Small), and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/variable-rate-technology-market-178591689.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/agriculture-industry

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets