Autonomous Farm Equipment Market is Booming Worldwide with Top Growing Companies D Robotics, AGCO, Agribotix, ADAMA Agricultural Solution Ltd, Agri-Tronix Corporation, Agrobot, Agrobotics, Amazonen-Werke H. Dreyer Gmbh & Co. Kg

The Autonomous Farm Equipment Market segment is propelled by increasing deployment of advanced systems such as GPS and precision farming, and IoT for remote monitoring of the devices. Fully autonomous segment in farm equipment market is projected to substantially grow at a CAGR over 40% during the forecast timeframe.

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Based on the operation methods, the autonomous farm equipment market is segmented into fully autonomous and partially autonomous equipment. The partially autonomous segment dominates the market in terms of share by volume, owing to lower price, easy maintenance and high commercialization of these products, especially in the developed nations.

On the other hand, the Autonomous Farm Equipment Market segment is propelled by increasing deployment of advanced systems such as GPS and precision farming, and IoT for remote monitoring of the devices. Fully autonomous segment in farm equipment market is projected to substantially grow at a CAGR over 40% during the forecast timeframe.

Top Key Player are:

D Robotics, AGCO, Agribotix, ADAMA Agricultural Solution Ltd, Agri-Tronix Corporation, Agrobot, Agrobotics, Amazonen-Werke H. Dreyer Gmbh & Co. Kg, Autonomous Solutions, Autonomous Tractor Corporation, Case IH, Clearpath Robotics, Deutz-Fahr, Energid, Jaybridge Robotics, John Deere, Kinze Manufacturing, Kubota, Mahindra, Naio Technologies, Harvest Automation, Rowbot, Yanmar Co. Ltd.

The advent of drone technology has brought a revolution in the agriculture sector. Apart from field mapping, they have started showing usability in several agricultural processes. For instance, they are profoundly used for critical agriculture processes such as spraying of fertilizers & pesticides.

These UAVs fitted with numerous sensors and high definition cameras can be utilized for effectively monitoring each and every part of the crop, so that any part of the field facing scarcity of water or other resources can be detected earlier.

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Growing innovations in UAV technology have been consistently enhancing the drone operations making them smoother and user friendly in terms of functionality. The autonomous farm equipment market from UAV segment is estimated to grow at a CAGR over 35% through 2024.

Based on the operation methods, the autonomous farm equipment market is segmented into fully autonomous and partially autonomous equipment. The partially autonomous segment dominates the market in terms of share by volume, owing to lower price, easy maintenance and high commercialization of these products, especially in the developed nations.

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