Autonomous Tractors Market 2021 – Industry Demand, Growth Opportunities, Future Trends, Key Players To 2027

Precision Business Insights published a research report on “Autonomous Tractors Market By Power Output (< 30 HP, 31 HP – 100 HP, and > 100 HP), By Component (LiDAR, Radar, GPS, Camera/Vision Systems, Ultrasonic Sensors, Handheld Devices, and Others), By Crop Type Cereals & Grains, Oil Seeds & Pulses, Fruits & Vegetables, and Others), By Application (Tillage, Seed Sowing, Harvesting, and Others), and Geography - Global/Region/Country Forecast to 2027”.

Farm equipment automation offers a number of benefits, including precise and quick operations, continuous operation regardless of weather or time, and long-term solutions for heavy and complex tasks like harvest and plough. When compared to traditional farm machinery, autonomous farm equipment saves money and time in the yielding process, making this modern equipment a better alternative for farming procedures. Manufacturers are working on providing new and advanced kinds of autonomous equipment as technology continues to evolve.

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Driverless tractors are another term for autonomous tractors. They use advanced technology such as machine vision systems and GPS to conduct agricultural chores such as tillage, etc. while delivering high tractive effort at modest speeds. These tractors are referred to as driverless tractors because they do not require the assistance of a human driver. It was created in such a way that it can independently observe its position, determine its speed, and avoid impediments in the field like as animals, people, or objects while doing the mission in the field. This is accomplished with the use of GPS and other wireless technologies. The Autonomous Tractor Market is expected to be driven by improved efficiency and productivity of agricultural output supplied by these tractors, as well as developments in government initiatives for the acceptance of new technology. Another aspect that is boosting the industry is the scarcity of labour in industrialised economies. Farmers benefit from autonomous tractors in a variety of ways. It has aided in increasing productivity as well as accuracy in the manufacturing process, resulting in crop preservation and a good return on investment. Farmers can also use these autonomous tractors to complete activities at any time of day, depending on their comfort and convenience. These vehicles also include auto-steering characteristics that assist farmers execute their farming more reliably, hence propelling the market forward.

Based on Component, the market is categorized into Camera/Vision Segments, Hand-Held Devices, LiDAR, Radar, Ultrasonic Sensors, and GPS. Based on Power Output, the market is divided into Up to 30 HP, 31–100 HP, and 101 HP & Above. Based on Crop Type, the market is fragmented into Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables. Based on Application, the market is divided into Tillage (primary & secondary tillage), Seed Sowing, Harvesting, and Others (spraying and fertilizing).

North America is focusing on the development of autonomous tractors due to a high rate of adoption of modern technologies and the existence of significant tractor manufacturers. Farmers' higher disposable incomes, a scarcity of qualified farm workers, and advanced technology are all expected to boost the autonomous tractors market in North America in the coming years.

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Some of the major key players in the Autonomous Tractors Market are AGCO Corporation, Deere & Company, Mahindra & Mahindra, Autonomous Tractor Corporation, CNH Industrial, Kubota Corporation, Kinze Manufacturing, Trimble Inc., Raven Industries, Yanmar Co., Ltd.

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