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Driverless Tractor Market Intelligence with Competitive Landscape 2025

11-19-2017 10:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Driverless Tractor Market Intelligence with Competitive

A FCL or fault current limiter aids the total current flowing through the electrical system and allows uninterrupted and continual operation of the system, akin to the surge protectors, which limit harmful currents to the household electrical devices. The necessity to upgrade the power network and modify the network is expected to result in rising demand for superconductors as a possible fault current limiter. The SFCL or Superconducting Fault Current Limiter eliminates the need for spending on the alteration of network. Fault circuit controllers help to make use of the speedy loss of conductivity above a critical arrangement of magnetic field, current density, and temperature. In usual operation, current flows across the conductor without any resistance and with small impedance. Additionally, the superconducting materials meet the performance prerequisites required for power system apparatuses for better functioning of the system, which in turn is likely to increase the usage of superconducting materials to attain the current limiting action.

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In the recent years, the agricultural industry has been increasingly interested in the development of automated technology such as driverless tractors, data collection, robotic milking system and aerial surveying of farm field. Rising labor costs coupled with the progress in self-driving technology for vehicles including object detection capabilities using multi-camera systems, lidar and radar technology is expected to positively influence the adoption of automated tractors globally. However, the successful growth of the market is dependent on the development of a highly cooperative and collaborative industry ecosystem. 

The global driverless tractor s market can be segmented on the basis of components into sensors, onboard video cameras, radar, global positioning system (GPS) and others. The use of onboard video cameras, radar, lidar and sensors enables the tractor to sense moving or stationary obstructions in its path and stop by itself until the operator assigns a new path, being notified by visual or audio alerts. The vehicle is also designed to come to a halt immediately if the position data or GPS signal is lost or the manual button is pushed. Based on the application areas of driverless tractors, the market can be bifurcated into agriculture and others. The global driverless tractor market can be further classified geographically into North America, Europe, Asia Pacific, South America and Middle East and Africa. Western Australia, the North American Great Plains and the Asian and European steppes offer their vast fields where this autonomous technology is expected to be utilized in the coming years. 

The global driverless tractors market report provides the market share analysis of the key industry players, along with offering a strategic overview of their market positioning, business strategies and recent developments. Some of the leading players in the global driverless tractor market include John Deere, Autonomous Tractor Corporation, Fendt Corporation and Case IH among others. In August 2016, Mahindra & Mahindra revealed its plans to participate in disruptive future of mobility and develop autonomous tractors. Since the driverless tractor technology is in the nascent stage of development, for sustainable growth in the market revenues, the key players in the global driverless tractor market are pursuing clear value propositions and innovative technology. The industry participants are increasingly focusing on the key areas that require infrastructural transformations in agriculture, instead of developing products for the niche agricultural issues.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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