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Find The On Going Trends of Autonomous farm equipment market: New Holland, Case IH, John Deere, AGCO Corporation, Iseki & Co., Yanmar, Deutz Fahr, Kubota, Claas KGaA GmbH, and Bobcat

Find The On Going Trends of Autonomous farm equipment market: New

Agriculture is one amongst the most overbearing industry since the beginning of human civilization. Constant growth in population, increasing need for food, fuel and feed is anticipated to influence trifold of the present-day cultivation. For this purpose, strategies such as initiation of autonomous farming and mechanization are adopted on a larger basis for yielding more from the constrained arable land. Increasing labor shortage and changing trends for the use of autonomous equipment are driving the demand for autonomous farm equipment. Development of IoT along with GPS systems application has transformed the agriculture industry.

The report indicates that revenues from the global autonomous farm equipment market will increase at an impressive 13.6% CAGR during the forecast period, 2017-2026. The report further projects global sales of autonomous farm equipment to account for revenues worth nearly US$ 170,000Mn by 2026-end.

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Important market players sketched by the report include New Holland, Case IH, John Deere, AGCO Corporation, Iseki & Co., Yanmar, Deutz Fahr, Kubota, Claas KGaA GmbH, and Bobcat (a Doosan company).

U.S., India and China are amongst the topmost countries witnessing maximum sales of farm tractors. 31–100 HP output power of farm tractors holds nearly 34.5% of the global market for autonomous farm equipment throughout 2026. Canada and U.S. contribute largely towards the growth of the segment. Factors such as low cost in comparison to restricted agricultural land for each farmer and superior horsepower farm tractors will drive fuel the market for medium and small range farm tractors in North America and APEJ.

High cost essential for the improvement of the equipment performance is likely to affect the product penetration. However, industry players are working towards reducing the total cost by making it affordable, which ultimately will increase the product penetration. M&A are amongst the foremost stratagems executed by the manufactures, in order to form exceptional foot hold in farm equipment industry. Moreover, the equipment provides less downtime and can be utilized even during night as well as extreme fog condition. Autonomous farm equipment provides with outstanding fuel efficiency, compared to standard counterparts and has less chances for errors. Variable climatic conditions and challenges like water shortage are dealt with the help of these equipment.

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The market size of APEJ’s autonomous farm equipment is expected to reach a value of US$ 65165.8Mn throughout 2026, due to strong existence of well-known industry competitors in the region. High revenue production can be credited to rolling demand of products like tractors, harvesters and UAV (unmanned aerial vehicle), installed with auto steering operations. North America’s market for autonomous farm equipment is likely to depict momentous growth through 2026. Increasing product use in the region provides better fuel proficiency and higher productivity, which will drive the growth of industry players. Varying trend with regards to smart devices due to expansion of agrarian economies like India, will positively impact the product penetration in APEJ region.

In terms of revenues, partially autonomous equipment contribute significantly to the global market for autonomous farm equipment, subject to their extensive commercialization & competitive pricing. Tractors are expected to lead the market for autonomous farm equipment, in terms of revenue share, contributing nearly 30% sales by 2026. Availability of equipment at competitive price together with exclusive features such as finest path selection and prevention from overlapping paths will positively impact the product penetration.

Table of Content

1. Global Economic Outlook

2. Global Autonomus Farm Equipment Market - Executive Summary

3. Global Autonomus Farm Equipment Market Overview
3.1. Introduction
3.1.1. Global Autonomus Farm Equipment Market Taxonomy
3.1.2. Global Autonomus Farm Equipment Market Definition
3.2. Global Autonomus Farm Equipment Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Autonomus Farm Equipment Market Y-o-Y Growth
3.3. Global Agricultural Machinery Market
3.3.1. Macroeconomic Factors and Impact Analysis
3.3.2. Global Agriculture Machinery Market Value (US$ Mn), 2012-2026
3.4. Growth Opportunities of Agricultural Equipment in Agriculture Sector
3.5. Impactful Trends Transforming Agriculture to High-Tech Industry
3.6. Key Challenges and Opportunities for Agriculture Machinery
3.7. Global Autonomus Farm Equipment Market Dynamics
3.7.1. Market Drivers
3.7.2. Market Restraints
3.7.3. Market Trends
3.7.3.1. Impact Analysis By Product Type
3.7.3.2. Impact Analysis By Application Type
3.8. Value Chain
3.9. Cost Structure
3.10. List of New Entrants
3.11. Global Autonomus Farm Equipment Market Forecast Factors
3.12. Technology Roadmap
3.13. PEST Analysis
3.14. Porters Five Force Analysis
3.15. Product Life Cycle
3.16. Global Autonomus Farm Equipment Market Scenario Forecast
3.16.1. Conservative Scenario
3.16.2. Likely Scenario
3.16.3. Optimistic Scenario
3.17. Trade Analysis
3.17.1. Global Autonomus Farm Equipment Market: Import Data Analysis
3.17.2. Global Autonomus Farm Equipment Market: Export Data Analysis
3.18 Investment Feasible Index
3.19. Market Competition Structure
3.20. List of Key Participants (Distributors)

4. Global Autonomus Farm Equipment Market Analysis and Forecast 2012-2026

4.1. Global Autonomus Farm Equipment Market Size and Forecast By Mode of Operation, 2012-2026
4.1.1. Fully Autonomus Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Partially Autonomus Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.2. Global Autonomus Farm Equipment Market Size and Forecast By Machine Type, 2012-2026
4.2.1. Tractors Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Harvesters Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Tiller Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Seed Drill Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.2.5. Others Market Size and Forecast, 2012-2026
4.2.5.1. Revenue (US$ Mn) Comparison, By Region
4.2.5.2. Market Share Comparison, By Region
4.2.5.3. Y-o-Y growth Comparison, By Region

4.3. Global Autonomus Farm Equipment Market Size and Forecast By Output Power, 2012-2026

4.3.1. Up to 30 HP Market Size and Forecast, 2012-2026
4.3.1.1. Revenue (US$ Mn) Comparison, By Region
4.3.1.2. Market Share Comparison, By Region
4.3.1.3. Y-o-Y growth Comparison, By Region
4.3.2. 31–100 HP Market Size and Forecast, 2012-2026
4.3.2.1. Revenue (US$ Mn) Comparison, By Region
4.3.2.2. Market Share Comparison, By Region
4.3.2.3. Y-o-Y growth Comparison, By Region
4.3.3. 101 HP and Above Market Size and Forecast, 2012-2026
4.3.3.1. Revenue (US$ Mn) Comparison, By Region
4.3.3.2. Market Share Comparison, By Region
4.3.3.3. Y-o-Y growth Comparison, By Region

5. North America Autonomus Farm Equipment Market Size and Forecast, 2012-2026

5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Mode of Operation
5.6. Revenue (US$ Mn) Comparison, By Machine Type
5.7. Revenue (US$ Mn) Comparison, By Output Power

Continued……

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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