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Autonomous Tractors Market in Europe to Grow at a CAGR of 57.91% to 2021 with Increase In Profit Generated From Farming

03-20-2018 05:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Autonomous tractors are vehicles that are light in weight, driverless, and can be remotely operated by farmers. Autonomous tractors can work for 24 hours a day without any downtime. Autonomous tractors provide precision and high-quality farming experience to farmers. These autonomous tractors are also called as unmanned tractors, robotic tractors, or driverless tractors. Autonomous tractors are a combination of advanced electronic components and are operated with the help of controllers.

Publisher's analysts forecast the autonomous tractors market in Europe to grow at a CAGR of 57.91% during the period 2017-2021.

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The advancements in technology as one of the primary factors that will have a positive impact on the growth of this market space during the next few years. There are numerous system integrators and suppliers who develop technologically advanced robots that are used in various fields and operations. Several key players are developing and commercializing artificial intelligence and cloud computing and are encouraging start-ups that facilitate the robotic technology by developing different products and software.

Key vendors
- AGCO
- Kinze Manufacturing
- New Holland
- Yanmar

Other prominent vendors
- Case IH
- John Deere
- Kubota

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Market driver
- Increase in profit generated from farming

Market challenge
- Difficulty in collaborating robotic machines with information technology

Market trend
- Solar energy powered tractors

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/autonomous-tractors-market-in-europe-2017-2021

About ReportsWeb:

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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