Autonomous Farm Equipment

Autonomous Farm Equipment Market to Witness an Outstanding Growth by 2024

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Autonomous Farm Equipment Market is set to exceed USD 440 billion by 2024 by Market Size Forecasters Add New Global Autonomous Farm Equipment Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers.

Global autonomous farm equipment demand is expected to exceed 7.5 million units till 2024. Strong product outlook owing to usage of tractors and harvesters, higher productivity and restricting labor forceful work will drive the industry demand. Implementation of IoT and advanced systems such as precision farming and GNSS system will further support the business growth.

Future Scope:

Farmers and contractors are focusing of implementation of cost effective solutions that boosts farm yield. Implementation of driverless tractors, harvesters and UAV offering smooth functioning and precise data collection will fuel the autonomous farm equipment market.

High cost of the product may act as challenge to its demand. Additionally, the requirement of training for proper functioning of the devices may affect the product usage. Manufacturers are focusing on reducing cost of the equipment making it affordable to the customers.

Fully autonomous segment will depict strong growth of over 40% in the forecast timeline. Implementation of systems such as precision farming and GPS, offering remote monitoring of the devices and avoiding obstacles will further support the industry demand.

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Autonomous Farm Equipment Market by Manufactures:

Case IH, Agribotix, Agrobot, AGCO, John Deere, Harvest Automation, Autonomous Tractor Corporation, CLAAS and Mahindra are prominent players included as service provider and component manufacturer. Merger and acquisition are certain strategies adopted key industry players.

Autonomous Farm Equipment Market by Operation

Fully autonomous

Partially autonomous

Autonomous Farm Equipment Market by Product

Tractors

Harvesters

UAV

Autonomous Farm Equipment Market by Technology

Software

Hardware

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Data Tables

TABLE 1    Global autonomous farm equipment market 360 degree synopsis, 2013 – 2024

TABLE 2    Global autonomous farm equipment market, 2013 – 2016, (Units)

TABLE 3    Global autonomous farm equipment market, 2017 – 2024, (Units)

TABLE 4    Global autonomous farm equipment market, 2013 – 2016, (USD Million)

TABLE 5    Global autonomous farm equipment market, 2017 – 2024, (USD Million)

TABLE 6    Global autonomous farm equipment estimates by region, 2013 – 2016 (Units)

TABLE 7    Global autonomous farm equipment estimates by region, 2017 – 2024 (Units)

TABLE 8    Global autonomous farm equipment estimates by region, 2013 – 2016 (USD Million)

TABLE 9    Global autonomous farm equipment estimates by region, 2017 – 2024 (USD Million)

TABLE 10    Global autonomous farm equipment market estimates by operation, 2013 – 2016 (Units)

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