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 - Product Image

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

  • ID: 4462914
  • Report
  • Region: Global
  • 139 Pages
  • Markets and Markets
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Autonomous Tractors Market worth 60,901 Units by 2025

FEATURED COMPANIES

  • AG Leader Technology
  • Agco
  • Agjunction, Inc.
  • CNH
  • Deere & Company
  • Dutch Power Company
  • MORE

“The autonomous tractors market is projected to grow at a CAGR of 24.89%.”

The autonomous tractors 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 market is primarily driven by factors such as 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 the average age of farmers in developed countries and decline in the availability of labor are also the major factors driving the demand for autonomous tractors in the near future.

Factors such as high initial capital investment and lack of technical knowledge among farmers act as a major restraint for the growth of the autonomous tractors market.

“The up to 30 HP segment is projected to grow at the highest rate during the forecast period.”

The up to 30 HP segment is projected to grow at the highest CAGR among other power output ranges. The increase in narrow gaps between rows in farming will drive the demand for low HP tractors in the forecast period.

“GPS segment is projected to be the fastest-growing during the forecast period.”

Based on component, the market for GPS is projected to be the fastest-growing during the forecast period. The high accuracy of GPS which allows autonomous tractors to create farm maps with precise acreage for field areas, road locations, and distances between points of interest is the major factor driving the market.

“On the basis of farm application, tillage is projected to form the largest market during the forecast period.”

Based on farm applications of autonomous tractors, tillage is projected to form the largest segment. Tillage refers to the preparation of land for growing various types of crops. With the advancements in technology and various research & development activities by agronomists, tillage activities are increasingly being made autonomous for broad acre and row crop farming.

“Europe is projected to register the highest growth rate during the forecast period.”

Europe is projected to be the fastest-growing market over the forecast period years. The high-income level of European farmers is an important driver for farmers opting for heavy and expensive machinery such as autonomous tractors. Highly efficient innovations, coupled with continuous improvement in agricultural technologies may boost the demand for autonomous tractors in the region.

Break-up of Primaries:

  • By Company Type: Tier 1 - 50%, Tier 2 - 30%, and Tier 3 - 20%
  • By Designation: Manager-level - 60%, C-level - 15%, and Others - 25%
  • By Region: Americas - 20%, Europe -30%, Asia Pacific - 40%, and RoW - 10%

The key players profiled in this report are as follows:

  • AGCO (US)
  • CNH (UK)
  • MAHINDRA & MAHINDRA (India)
  • DEERE (US)
  • KUBOTA CORPORATION (Japan)
  • YANMAR (Japan)
  • AUTONOMOUS TRACTOR CORPORATION (US)
  • TRIMBLE (US)
  • AGJUNCTION (US)
  • RAVEN INDUSTRIES (US)
  • AG LEADER TECHNOLOGY (US)
  • DUTCH POWER COMPANY (Netherlands)

Research Coverage:

The report segments the autonomous tractors market on the basis of power output, component, crop type, farm application, and region. In terms of insights, this research report has focused on various levels of analyses-competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the autonomous tractors market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get a comprehensive overview of the autonomous tractors market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions in which the autonomous tractors market will flourish
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FEATURED COMPANIES

  • AG Leader Technology
  • Agco
  • Agjunction, Inc.
  • CNH
  • Deere & Company
  • Dutch Power Company
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered for the Study
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Autonomous Tractors Market
4.2 Autonomous Tractors Market, By Region, 2019-2025
4.3 Asia Pacific Autonomous Tractors Market, By Power Output and Country
4.4 Autonomous Tractors Market, By Crop Type & Region
4.5 Autonomous Tractors Market Share: Key Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Improved Efficiency and Productivity Through Improved Crop Yields
5.2.1.2 Growth in Trend of Mechanization in the Agricultural Industry
5.2.1.3 Favorable Government Initiatives for Adoption of Modern Agricultural Techniques
5.2.1.4 Introduction of Autonomous Tractors By Leading Market Players in Developing Countries
5.2.1.5 Increase in Average Age of Farmers in Developed Countries
5.2.1.6 Decline in Availability of Labor and Increase in Labor Wages
5.2.2 Restraints
5.2.2.1 High Initial Capital Investment
5.2.2.2 Lack of Technical Knowledge Among Farmers
5.2.3 Opportunities
5.2.3.1 Integration of Smartphones With Agricultural Hardware and Software Applications for Autonomous Tractors
5.2.4 Challenges
5.2.4.1 Lack of Data Management Practices in Agriculture
5.2.4.2 Smaller Land Holdings in Developing Economies

6 Autonomous Tractors Market, By Component
6.1 Introduction
6.2 LiDAR
6.3 Radar
6.4 GPS
6.5 Camera/Vision Segments
6.6 Ultrasonic Sensors
6.7 Hand-Held Devices

7 Autonomous Tractors Market, By Power Output
7.1 Introduction
7.2 Up to 30 HP
7.3 31-100 HP
7.4 101 HP & Above

8 Autonomous Tractors Market, By Crop Type
8.1 Introduction
8.2 Cereals & Grains
8.2.1 Corn
8.2.2 Wheat
8.2.3 Rice
8.2.4 Others
8.3 Oilseeds & Pulses
8.3.1 Soybean
8.3.2 Canola
8.3.3 Others
8.4 Fruits & Vegetables
8.4.1 Orange
8.4.2 Vineyards
8.4.3 Others

9 Autonomous Tractors Market, By Farm Application
9.1 Introduction
9.2 Tillage (Primary & Secondary Tillage)
9.3 Seed Sowing
9.4 Harvesting
9.5 Other Farm Applications

10 Autonomous Tractors Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Rest of Asia Pacific
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 Italy
10.3.4 UK
10.3.5 Turkey
10.3.6 Rest of Europe
10.4 North America
10.4.1 US
10.4.2 Canada
10.4.3 Mexico
10.5 Rest of the World (RoW)
10.5.1 Brazil
10.5.2 Russia

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Scenario
11.3.1 New Product Developments
11.3.2 Collaborations
11.3.3 Acquisitions
11.3.4 Expansions

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Agco
12.2 CNH
12.3 Mahindra & Mahindra Ltd.
12.4 Deere & Company
12.5 Kubota Corporation
12.6 Yanmar Co., Ltd.
12.7 Autonomous Tractor Corporation
12.8 Trimble, Inc.
12.9 Agjunction, Inc.
12.10 Raven Industries
12.11 AG Leader Technology
12.12 Dutch Power Company

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables:
Table 1 Autonomous Tractors Market Size, By Component, 2019-2025 (‘000 Units)
Table 2 Autonomous Tractors Market Size, By Component, 2019-2025 (USD Million)
Table 3 LiDAR Market Size, By Region, 2019-2025 (‘Ooo Units)
Table 4 LiDAR Market Size, By Region, 2019-2025 (USD Million)
Table 5 Radar Market Size, By Region, 2019-2025 (‘000 Units)
Table 6 Radar Market Size, By Region, 2019-2025 (USD Million)
Table 7 GPS Market Size, By Region, 2019-2025 (‘000 Units)
Table 8 GPS Market Size, By Region, 2019-2025 (USD Thousand)
Table 9 Camera Vision Systems Market Size, By Region, 2019-2025 (‘000 Units)
Table 10 Camera Vision Systemsmarket Size, By Region, 2019-2025 (USD Million)
Table 11 Ultrasonic Sensors Market Size, By Region, 2019-2025 (‘000 Units)
Table 12 Ultrasonic Sensors Market Size, By Region, 2019-2025 (USD Thousand)
Table 13 Hand-Held Devices Market Size, By Region, 2019-2025 (‘000 Units)
Table 14 Hand-Held Devices Market Size, By Region, 2019-2025 (USD Thousand)
Table 15 Autonomous Tractors Market Size, By Power Output, 2019-2025 (Units)
Table 16 Up to 30 HP: Autonomous Tractors Market Size, By Region, 2019-2025 (Units)
Table 17 31-100 HP: Autonomous Tractors Market Size, By Region, 2019-2025 (Units)
Table 18 101 HP & Above: Autonomous Tractors Market Size, By Region, 2019-2025 (Units)
Table 19 Autonomous Tractors Market Size, By Crop Type, 2019-2025 (USD Million)
Table 20 Cereals & Grains: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 21 Cereals & Grains: Autonomous Tractors Market Size, By Sub-Crop Type, 2019-2025 (USD Million)
Table 22 Oilseeds & Pulses: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 23 Oilseeds & Pulses: Autonomous Tractors Market Size, By Sub-Crop Type, 2019-2025 (USD Million)
Table 24 Fruits & Vegetables: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 25 Fruits & Vegetables: Autonomous Tractors Market Size, By Sub-Crop Type, 2019-2025 (USD Million)
Table 26 Autonomous Tractors Market Size, By Farm Application, 2019-2025 (USD Million)
Table 27 Tillage: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 28 Seed Sowing: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 29 Harvesting: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 30 Other Farm Applications: Autonomous Tractors Market Size, By Region, 2019-2025 (USD Million)
Table 31 Autonomous Tractors Market Size, By Region, 2019-2025 (Units)
Table 32 Asia Pacific: Autonomous Tractors Market, By Country, 2019-2025 (Units)
Table 33 Asia Pacific: Autonomous Tractors Market Size, By Crop Type, 2019-2025 (USD Million)
Table 34 Asia Pacific: Autonomous Tractors Market Size, By Farm Application, 2019-2025 (USD Million)
Table 35 Europe: Autonomous Tractors Market Size, By Country, 2019-2025 (Units)
Table 36 Europe: Autonomous Tractors Market Size, By Crop Type, 2019-2025 (USD Million)
Table 37 Europe: Autonomous Tractors Market Size, By Farm Application, 2019-2025 (USD Million)
Table 38 North America: Autonomous Tractors Market, By Country, 2019-2025 (Units)
Table 39 North America: Autonomous Tractors Market Size, By Crop Type, 2019-2025 (USD Million)
Table 40 North America: Autonomous Tractors Market Size, By Farm Application, 2019-2025 (USD Million)
Table 41 RoW: Autonomous Tractors Market Size, By Country, 2019-2025 (Units)
Table 42 RoW: Autonomous Tractors Market Size, By Crop Type, 2019-2025 (USD Million)
Table 43 RoW: Autonomous Tractors Market Size, By Farm Application, 2019-2025 (USD Million)
Table 44 New Product Developments, 2013-2017
Table 45 Collaborations, 2014-2016
Table 46 Acquisitions 2015-2017
Table 47 Expansions, 2013-2017

List of Figures:
Figure 1 Research Design: Autonomous Tractors Market
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Autonomous Tractors Market, By Power Output (Units)
Figure 7 Autonomous Tractors Market, By Component (000’ Units)
Figure 8 Autonomous Tractors Market, By Crop Type (USD Million)
Figure 9 Autonomous Tractors Market, By Farm Application (USD Million)
Figure 10 Autonomous Tractors Market, By Region (Units)
Figure 11 Growth in Trend of Mechanization in the Agricultural Industry to Drive the Demand for Autonomous Tractors During the Forecast Period
Figure 12 North America is Projected to Dominate the Autonomous Tractors Market Through 2025
Figure 13 China Expected to Lead the Market in 2019
Figure 14 Fruits & Vegetables Segment Projected to Dominate the Market in 2019
Figure 15 US and China: Important Markets for Autonomous Tractors, 2019
Figure 16 Autonomous Tractors Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Average Age of A Principal Farm Operator in the Us
Figure 18 Employment in Agriculture (% of Total Employment)
Figure 19 Average Farm Holding Size: 2015 (Ha/Holding)
Figure 20 Autonomous Tractors Market, By Region, 2021 vs 2025 (Units)
Figure 21 North America is Expected to Account for the Largest Share of the Global Autonomous Tractors Market
Figure 22 Asia Pacific Autonomous Tractors Market Snapshot
Figure 23 Europe: Autonomous Tractors Market, 2021 vs 2025 (Units)
Figure 24 North America: Autonomous Tractors Market Snapshot
Figure 25 RoW: Autonomous Tractors Market, 2021 vs 2025
Figure 26 Companies Adopted Expansion as the Key Growth Strategy From 2016 to 2017
Figure 27 Autonomous Tractor Market Ranking: 2017
Figure 28 Agco: Company Snapshot
Figure 29 CNH Industrial N.V.: Company Snapshot
Figure 30 Mahindra & Mahindra Ltd.: Company Snapshot
Figure 31 Deere & Company: Company Snapshot
Figure 32 Kubota Corporation: Company Snapshot
Figure 33 Yanmar Co., Ltd.: Company Snapshot
Figure 34 Trimble, Inc.: Company Snapshot
Figure 35 Agjunction, Inc.: Company Snapshot
Figure 36 Raven Industries: Company Snapshot

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  • Agco
  • CNH
  • Mahindra & Mahindra Ltd.
  • Deere & Company
  • Kubota Corporation
  • Yanmar Co., Ltd.
  • Autonomous Tractor Corporation
  • Trimble, Inc.
  • Agjunction, Inc.
  • Raven Industries
  • AG Leader Technology
  • Dutch Power Company
Note: Product cover images may vary from those shown
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