Autonomous Tractors Market to Witness Huge Growth (CAGR of 24.89%) by Key Players: AGCO, CNH, MAHINDRA & MAHINDRA, DEERE, KUBOTA CORPORATION etc

Global Autonomous Tractors Market shows the Industry Overview with Definition, Product Development History. This is an in-depth research which shows the world's main region industry conditions and forecasts 2025.

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.

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Top Key Players profiled in” Autonomous Tractors Market” 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)

The development of autonomous and intelligent technologies provides a mechanism to increase the precision of crop management and realise additional potential from precision agriculture. This means that the right management strategy can be implemented in the right place, at the right time.

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 autonomous tractors market has been studied for cereals & grains (corn, wheat, rice, and others), oilseeds & pulses (soybean, canola, and others), and fruits & vegetables (orange, vineyards, and others). With the increase in the global population, the demand for fruits & vegetables is also increasing at a rapid pace.

Target Audience
• Government and research organizations
• Associations and industrial bodies
• Raw material suppliers and distributors
• Autonomous tractor component manufacturers
• Autonomous tractors, distributors, and suppliers
• Agriculture equipment and component manufacturing associations
• Agricultural institutes and universities
• Consumers, including farmers
• Logistical service providers
• Technology providers to autonomous tractor component manufacturing companies
• Government, legislative, and regulatory bodies

The autonomous tractors market is dominated by AGCO (US), CNH (UK), Mahindra & Mahindra (India), Deere (US), Kubota Corporation (Japan), Yanmar (Japan), and Autonomous Tractor Corporation (US).These companies have a strong distribution network at the global level. The key strategies adopted by these companies to sustain their market position are new product development and acquisitions.

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, 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.

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