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Autonomous Farm Equipment Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

10-13-2023 08:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Autonomous Farm Equipment Market is Anticipated to Increase at

The global autonomous farm equipment market is anticipated to grow at a considerable CAGR of 10.2% during the forecast period. The primary factor driving the autonomous farm equipment market is use of AI in farming equipment and technological advancements. Significant technological advancements, such as the use of AI in fully automated tractors and harvesters, are inspiring suppliers to spend more in similar technologies to enhance productivity. For instance, Deere & Company acquired Bear Flag Robotics for $250 million in august 2021. It is a startup which develops the automated driving machines compatible with existing machines. The acquisition aids John Deere's long-term aim of developing machines with advanced technology to serve customers by speeding up the development and delivery of automation and autonomy on the firm. The availability of competent workers to perform various procedures that affect farming outcome is one of the main challenge farmers face today. Autonomy provides a secure and productive solution to overcome this challenge. The acquisition of Bear Flag Robotics is focused towards providing advanced technology and services to customers, who work for the revolution of agriculture, and cultivate, harvest and transform the land to meet the need for food, fuel, shelter and infrastructure.

Additionally, Trimble launched Farmer Core in April 2019. It is an ag software which enable farmers to connect with all aspects of their farm operations. Farmer Core is an affordable software which integrates machine generated data from precision ag display to simplify farm structure and streamline the operations.

To Request a Sample of our Report on Autonomous Farm Equipment Market: https://www.omrglobal.com/request-sample/autonomous-farm-equipment-market

Market Coverage

· The market number available for - 2022-2030

· Base year- 2021

· Forecast period- 2023-2030

Segment Covered-

· By Types

· By Applications

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- including AGCO Corp., AgJunction Inc., Agrobot, CLAAS Group, Clearpath Robotics Inc., Deere & Co., Ecorobotix SA, ISEKI & CO., LTD., KUBOTA Corp., Mahindra & Mahindra Ltd. and others.

A full Report of Autonomous Farm Equipment Market is Available @ https://www.omrglobal.com/industry-reports/autonomous-farm-equipment-market

Autonomous Farm Equipment Market Report by Segment

By Types

· Tractors

· Harvesters

· Tiller

· Seed Drill

By Applications

· Agriculture

· Horticulture

· Animal husbandry

· Others (spraying and fertilizing)

Autonomous Farm Equipment Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East and Africa

Company Profiles

· AGCO Corp.

· AgJunction Inc.

· Agrobot

· CLAAS Group

· Clearpath Robotics Inc.

· Deere & Co.

· Ecorobotix SA

· ISEKI & CO.,LTD.

· KUBOTA Corp.

· Mahindra & Mahindra Ltd.

· Naïo Technologies

· Raven Industries, Inc.

· Small Robot Co.

· Trimble Inc.

· Yanmar Holdings Co., Ltd.

· Zimeno Inc Dba Monarch Tractor

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/autonomous-farm-equipment-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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