Press release
Autonomous Farm Equipment Market Trend 2018 Global Industry Key Players - Mahindra and Mahindra, Kubota Tractor, John Deere, ADAMA Agricultural, AGCO Corporation
Autonomous Farm Equipment Market
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Fully autonomous segment will depict strong growth of over 40% over the forecast timeline. Implementation of systems such as precision farming and GPS, offering remote monitoring of the devices and avoiding obstacles will further support the industry demand.
Industry Growth drivers:
1 North America
1.1 High implementation of drones in agricultural applications
2 Europe
2.1 Increasing precision farming in Europe:
3 Asia Pacific
3.1 Focusing on improving productivity and increasing labor cost in Asia Pacific
4 Latin America
4.1 Increasing agricultural commodity exports in Latin America
5 MEA
5.1 Positive outlook for agriculture drones
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3 D Robotics
2. AGCO
3. Agribotix
4. ADAMA Agricultural Solution Ltd
5. Agri-Tronix Corporation
6. Agrobot
7. Agrobotics
8. Amazonen-Werke H. Dreyer Gmbh & Co. Kg
9. Autonomous Solutions
10. Autonomous Tractor Corporation
11. Case IH
12. Clearpath Robotics
13. Deutz-Fahr
14. Energid
15. Jaybridge Robotics
16. John Deere
17. Kinze Manufacturing
18. Kubota
19. Mahindra
20. Naio Technologies
21. Harvest Automation
22. Rowbot
23. Yanmar Co. Ltd.
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Tractors is anticipated to dominate the revenue share of autonomous farm equipment market contributing over 50% by 2024. Superior operating efficiency of tractors coupled with shifting trends towards usage of product are driving the business growth.
Harvesters segment is poised to exhibit significant autonomous farm equipment market share during the forecast timeframe. Availability of the product at competitive price along with superior features such as optimum path selection and avoidance of overlap of the path will positively influence the product penetration.
North America autonomous farm equipment market size is anticipated to dominate in 2016 owing strong presence of well-established industry players in the region. High revenue generation can be attributed to surging demand of products such as tractors, UAV and harvesters installed with autosteering functions.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/autonomous-farm-equipment-market
Europe autonomous farm equipment market is estimated to depict significant growth up to 2024. Product usage offers better fuel efficiency and superior productivity that will propel the business growth. Asia pacific, led by China, South Korea, Australia and Japan is anticipated to witness strong growth over 25% up to 2024. Shifting trend towards smart devices owing to development of agrarian economies such as India in the region, will positively influence the product penetration.
Case IH, Agribotix, Agrobot, AGCO, John Deere, Harvest Automation, Autonomous Tractor Corporation, CLAAS and Mahindra are prominent players included as service provider and component manufacturer. Merger and acquisition are certain strategies adopted key industry players.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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