Autonomous Tractors Market by Power Output (Up to 30 HP  31-100 HP  101 HP and Above)  Crop Type (Cereals & Grains  Oilseeds & Pulses  Fruits & Vegetables)  Farm Application  Component  and Region - Global Forecast to 2025

Autonomous Tractors Market by Power Output (Up to 30 HP 31-100 HP 101 HP and Above) Crop Type (Cereals & Grains Oilseeds & Pulses Fruits & Vegetables) Farm Application Component and Region - Global Forecast to 2025

MarketsandMarkets | ID: 1524142276650 | Published at: 2018-02-09 | Pages: 139

  • €4.785,63


“The autonomous tractors market is projected to grow at a CAGR of 24.89%.”

The autonomous tractors market is projected to witness demand for 12,508 units in 2019 and 60,901 units by 2025, at a CAGR of 24.89%. The market is primarily driven by factors such as improved efficiency and productivity of crop yield offered by these tractors and growth in initiatives by governments for the adoption of new technologies. The increase in the average age of farmers in developed countries and decline in the availability of labor are also the major factors driving the demand for autonomous tractors in the near future.

Factors such as high initial capital investment and lack of technical knowledge among farmers act as a major restraint for the growth of the autonomous tractors market.

“The up to 30 HP segment is projected to grow at the highest rate during the forecast period.”

The up to 30 HP segment is projected to grow at the highest CAGR among other power output ranges. The increase in narrow gaps between rows in farming will drive the demand for low HP tractors in the forecast period.

“GPS segment is projected to be the fastest-growing during the forecast period.”

Based on component, the market for GPS is projected to be the fastest-growing during the forecast period. The high accuracy of GPS which allows autonomous tractors to create farm maps with precise acreage for field areas, road locations, and distances between points of interest is the major factor driving the market.

“On the basis of farm application, tillage is projected to form the largest market during the forecast period.”
Based on farm applications of autonomous tractors, tillage is projected to form the largest segment. Tillage refers to the preparation of land for growing various types of crops. With the advancements in technology and various research & development activities by agronomists, tillage activities are increasingly being made autonomous for broad acre and row crop farming.

“Europe is projected to register the highest growth rate during the forecast period.”
Europe is projected to be the fastest-growing market over the forecast period years. The high-income level of European farmers is an important driver for farmers opting for heavy and expensive machinery such as autonomous tractors. Highly efficient innovations, coupled with continuous improvement in agricultural technologies may boost the demand for autonomous tractors in the region.
Break-up of Primaries:
 By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%
 By Designation: Manager-level – 60%, C-level – 15%, and Others – 25%
 By Region: Americas – 20%, Europe –30%, Asia Pacific – 40%, and RoW – 10%

The key players profiled in this report are as follows:
AGCO (US)
CNH (UK)
MAHINDRA & MAHINDRA (India)
DEERE (US)
KUBOTA CORPORATION (Japan)
YANMAR (Japan)
AUTONOMOUS TRACTOR CORPORATION (US)
TRIMBLE (US)
AGJUNCTION (US)
RAVEN INDUSTRIES (US)
• AG LEADER TECHNOLOGY (US)
DUTCH POWER COMPANY (Netherlands)

Research Coverage:
The report segments the autonomous tractors market on the basis of power output, component, crop type, farm application, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the autonomous tractors market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the autonomous tractors market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the autonomous tractors market will flourish

TABLE OF CONTENTS

1 INTRODUCTION 12

  • 1.1 OBJECTIVES OF THE STUDY 12
  • 1.2 MARKET DEFINITION 12
  • 1.3 STUDY SCOPE 13
  • 1.4 PERIODIZATION CONSIDERED FOR THE STUDY 14
  • 1.5 CURRENCY CONSIDERED 14
  • 1.6 UNIT CONSIDERED 14
  • 1.7 STAKEHOLDERS 15
    2 RESEARCH METHODOLOGY 16
  • 2.1 RESEARCH DATA 16
    • 2.1.1 SECONDARY DATA 17
      • 2.1.1.1 Key data from secondary sources 17
    • 2.1.2 PRIMARY DATA 18
      • 2.1.2.1 Key industry insights 19
      • 2.1.2.2 Breakdown of primary interviews 20
  • 2.2 MARKET SIZE ESTIMATION 20
    • 2.2.1 BOTTOM-UP APPROACH 20
    • 2.2.2 TOP-DOWN APPROACH 22
  • 2.3 DATA TRIANGULATION 23
  • 2.4 RESEARCH ASSUMPTIONS 24
  • 2.5 LIMITATIONS 25
    3 EXECUTIVE SUMMARY 26
    4 PREMIUM INSIGHTS 31
  • 4.1 ATTRACTIVE OPPORTUNITIES IN THE AUTONOMOUS TRACTORS MARKET 31
  • 4.2 AUTONOMOUS TRACTORS MARKET, BY REGION, 2019–2025 32
  • 4.3 ASIA PACIFIC AUTONOMOUS TRACTORS MARKET, BY POWER OUTPUT AND COUNTRY 33
  • 4.4 AUTONOMOUS TRACTORS MARKET, BY CROP TYPE & REGION 34
  • 4.5 AUTONOMOUS TRACTORS MARKET SHARE: KEY COUNTRIES 35
    5 MARKET OVERVIEW 36
  • 5.1 INTRODUCTION 36
  • 5.2 MARKET DYNAMICS 36
    • 5.2.1 DRIVERS 37
      • 5.2.1.1 Improved efficiency and productivity through improved crop yields 37
      • 5.2.1.2 Growth in trend of mechanization in the agricultural industry 37
      • 5.2.1.3 Favorable government initiatives for adoption of modern agricultural techniques 37
      • 5.2.1.4 Introduction of autonomous tractors by leading market players in developing countries 38
      • 5.2.1.5 Increase in average age of farmers in developed countries 38
      • 5.2.1.6 Decline in availability of labor and increase in labor wages 39
    • 5.2.2 RESTRAINTS 40
      • 5.2.2.1 High initial capital investment 40
      • 5.2.2.2 Lack of technical knowledge among farmers 41
    • 5.2.3 OPPORTUNITIES 41
      • 5.2.3.1 Integration of smartphones with agricultural hardware and software applications for autonomous tractors 41
    • 5.2.4 CHALLENGES 42
      • 5.2.4.1 Lack of data management practices in agriculture 42
      • 5.2.4.2 Smaller land holdings in developing economies 42
        6 AUTONOMOUS TRACTORS MARKET, BY COMPONENT 44
  • 6.1 INTRODUCTION 45
  • 6.2 LIDAR 46
  • 6.3 RADAR 47
  • 6.4 GPS 48
  • 6.5 CAMERA/VISION SEGMENTS 49
  • 6.6 ULTRASONIC SENSORS 50
  • 6.7 HAND-HELD DEVICES 51
    7 AUTONOMOUS TRACTORS MARKET, BY POWER OUTPUT 52
  • 7.1 INTRODUCTION 53
  • 7.2 UP TO 30 HP 54
  • 7.3 31–100 HP 55
  • 7.4 101 HP & ABOVE 56
    8 AUTONOMOUS TRACTORS MARKET, BY CROP TYPE 57
  • 8.1 INTRODUCTION 58
  • 8.2 CEREALS & GRAINS 59
    • 8.2.1 CORN 60
    • 8.2.2 WHEAT 60
    • 8.2.3 RICE 60
    • 8.2.4 OTHERS 60
  • 8.3 OILSEEDS & PULSES 60
    • 8.3.1 SOYBEAN 61
    • 8.3.2 CANOLA 62
    • 8.3.3 OTHERS 62
  • 8.4 FRUITS & VEGETABLES 62
    • 8.4.1 ORANGE 63
    • 8.4.2 VINEYARDS 63
    • 8.4.3 OTHERS 63
      9 AUTONOMOUS TRACTORS MARKET, BY FARM APPLICATION 64
  • 9.1 INTRODUCTION 65
  • 9.2 TILLAGE (PRIMARY & SECONDARY TILLAGE) 65
  • 9.3 SEED SOWING 66
  • 9.4 HARVESTING 67
  • 9.5 OTHER FARM APPLICATIONS 68
    10 AUTONOMOUS TRACTORS MARKET, BY REGION 69
  • 10.1 INTRODUCTION 70
  • 10.2 ASIA PACIFIC 72
    • 10.2.1 CHINA 74
    • 10.2.2 INDIA 74
    • 10.2.3 JAPAN 75
    • 10.2.4 SOUTH KOREA 75
    • 10.2.5 REST OF ASIA PACIFIC 75
  • 10.3 EUROPE 77
    • 10.3.1 GERMANY 78
    • 10.3.2 FRANCE 78
    • 10.3.3 ITALY 78
    • 10.3.4 UK 79
    • 10.3.5 TURKEY 79
    • 10.3.6 REST OF EUROPE 79
  • 10.4 NORTH AMERICA 80
    • 10.4.1 US 82
    • 10.4.2 CANADA 82
    • 10.4.3 MEXICO 83
  • 10.5 REST OF THE WORLD (ROW) 84
    • 10.5.1 BRAZIL 85
    • 10.5.2 RUSSIA 85
      11 COMPETITIVE LANDSCAPE 87
  • 11.1 OVERVIEW 87
  • 11.2 MARKET RANKING ANALYSIS 88
  • 11.3 COMPETITIVE SCENARIO 89
    • 11.3.1 NEW PRODUCT DEVELOPMENTS 89
    • 11.3.2 COLLABORATIONS 91
  • 11.3.3 ACQUISITIONS 92
  • 11.3.4 EXPANSIONS 93
    12 COMPANY PROFILES 94
    (Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
  • 12.1 AGCO 94
  • 12.2 CNH 98
  • 12.3 MAHINDRA & MAHINDRA LTD. 102
  • 12.4 DEERE & COMPANY 108
  • 12.5 KUBOTA CORPORATION 111
  • 12.6 YANMAR CO., LTD. 114
  • 12.7 AUTONOMOUS TRACTOR CORPORATION 116
  • 12.8 TRIMBLE, INC. 117
  • 12.9 AGJUNCTION, INC. 120
  • 12.10 RAVEN INDUSTRIES 122
  • 12.11 AG LEADER TECHNOLOGY 125
  • 12.12 DUTCH POWER COMPANY 127
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
13 APPENDIX 128
  • 13.1 DISCUSSION GUIDE 128
  • 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 132
  • 13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 134
  • 13.4 AVAILABLE CUSTOMIZATIONS 135
  • 13.5 RELATED REPORTS 136
  • 13.6 AUTHOR DETAILS 137

LIST OF TABLES

TABLE 1 AUTONOMOUS TRACTORS MARKET SIZE, BY COMPONENT,
2019–2025 (‘000 UNITS) 45
TABLE 2 AUTONOMOUS TRACTORS MARKET SIZE, BY COMPONENT,
2019–2025 (USD MILLION) 45
TABLE 3 LIDAR MARKET SIZE, BY REGION, 2019–2025 (‘OOO UNITS) 46
TABLE 4 LIDAR MARKET SIZE, BY REGION, 2019–2025 (USD MILLION) 46
TABLE 5 RADAR MARKET SIZE, BY REGION, 2019–2025 (‘000 UNITS) 47
TABLE 6 RADAR MARKET SIZE, BY REGION, 2019–2025 (USD MILLION) 47
TABLE 7 GPS MARKET SIZE, BY REGION, 2019–2025 (‘000 UNITS) 48
TABLE 8 GPS MARKET SIZE, BY REGION, 2019–2025 (USD THOUSAND) 48
TABLE 9 CAMERA VISION SYSTEMS MARKET SIZE, BY REGION, 2019–2025 (‘000 UNITS) 49
TABLE 10 CAMERA VISION SYSTEMSMARKET SIZE, BY REGION, 2019–2025 (USD MILLION) 49
TABLE 11 ULTRASONIC SENSORS MARKET SIZE, BY REGION, 2019–2025 (‘000 UNITS) 50
TABLE 12 ULTRASONIC SENSORS MARKET SIZE, BY REGION, 2019–2025 (USD THOUSAND) 50
TABLE 13 HAND-HELD DEVICES MARKET SIZE, BY REGION, 2019–2025 (‘000 UNITS) 51
TABLE 14 HAND-HELD DEVICES MARKET SIZE, BY REGION, 2019–2025 (USD THOUSAND) 51
TABLE 15 AUTONOMOUS TRACTORS MARKET SIZE, BY POWER OUTPUT, 2019–2025 (UNITS) 53
TABLE 16 UP TO 30 HP: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (UNITS) 54
TABLE 17 31-100 HP: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (UNITS) 55
TABLE 18 101 HP & ABOVE: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (UNITS) 56
TABLE 19 AUTONOMOUS TRACTORS MARKET SIZE, BY CROP TYPE,
2019–2025 (USD MILLION) 58
TABLE 20 CEREALS & GRAINS: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (USD MILLION) 59
TABLE 21 CEREALS & GRAINS: AUTONOMOUS TRACTORS MARKET SIZE, BY SUB-CROP TYPE, 2019–2025 (USD MILLION) 59
TABLE 22 OILSEEDS & PULSES: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (USD MILLION) 61
TABLE 23 OILSEEDS & PULSES: AUTONOMOUS TRACTORS MARKET SIZE, BY SUB-CROP TYPE, 2019–2025 (USD MILLION) 61
TABLE 24 FRUITS & VEGETABLES: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION, 2019–2025 (USD MILLION) 62
TABLE 25 FRUITS & VEGETABLES: AUTONOMOUS TRACTORS MARKET SIZE, BY SUB-CROP TYPE, 2019–2025 (USD MILLION) 63
TABLE 26 AUTONOMOUS TRACTORS MARKET SIZE, BY FARM APPLICATION,
2019–2025 (USD MILLION) 65
TABLE 27 TILLAGE: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (USD MILLION) 66
TABLE 28 SEED SOWING: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (USD MILLION) 66
TABLE 29 HARVESTING: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION,
2019–2025 (USD MILLION) 67
TABLE 30 OTHER FARM APPLICATIONS: AUTONOMOUS TRACTORS MARKET SIZE, BY REGION, 2019–2025 (USD MILLION) 68
TABLE 31 AUTONOMOUS TRACTORS MARKET SIZE, BY REGION, 2019–2025 (UNITS) 71
TABLE 32 ASIA PACIFIC: AUTONOMOUS TRACTORS MARKET, BY COUNTRY,
2019–2025 (UNITS) 74
TABLE 33 ASIA PACIFIC: AUTONOMOUS TRACTORS MARKET SIZE, BY CROP TYPE,
2019–2025 (USD MILLION) 76
TABLE 34 ASIA PACIFIC: AUTONOMOUS TRACTORS MARKET SIZE, BY FARM APPLICATION, 2019–2025 (USD MILLION) 76
TABLE 35 EUROPE: AUTONOMOUS TRACTORS MARKET SIZE, BY COUNTRY,
2019–2025 (UNITS) 77
TABLE 36 EUROPE: AUTONOMOUS TRACTORS MARKET SIZE, BY CROP TYPE,
2019–2025 (USD MILLION) 79
TABLE 37 EUROPE: AUTONOMOUS TRACTORS MARKET SIZE, BY FARM APPLICATION,
2019–2025 (USD MILLION) 80
TABLE 38 NORTH AMERICA: AUTONOMOUS TRACTORS MARKET, BY COUNTRY,
2019–2025 (UNITS) 82
TABLE 39 NORTH AMERICA: AUTONOMOUS TRACTORS MARKET SIZE, BY CROP TYPE,
2019–2025 (USD MILLION) 83
TABLE 40 NORTH AMERICA: AUTONOMOUS TRACTORS MARKET SIZE, BY FARM APPLICATION, 2019–2025 (USD MILLION) 83
TABLE 41 ROW: AUTONOMOUS TRACTORS MARKET SIZE, BY COUNTRY, 2019–2025 (UNITS) 84
TABLE 42 ROW: AUTONOMOUS TRACTORS MARKET SIZE, BY CROP TYPE,
2019–2025 (USD MILLION) 85
TABLE 43 ROW: AUTONOMOUS TRACTORS MARKET SIZE, BY FARM APPLICATION,
2019–2025 (USD MILLION) 86
TABLE 44 NEW PRODUCT DEVELOPMENTS, 2013–2017 89
TABLE 45 COLLABORATIONS, 2014–2016 91
TABLE 46 ACQUISITIONS 2015–2017 92
TABLE 47 EXPANSIONS, 2013–2017 93


LIST OF FIGURES

FIGURE 1 RESEARCH DESIGN: AUTONOMOUS TRACTORS MARKET 16
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
AND REGION 20
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 5 DATA TRIANGULATION 23
FIGURE 6 AUTONOMOUS TRACTORS MARKET, BY POWER OUTPUT (UNITS) 27
FIGURE 7 AUTONOMOUS TRACTORS MARKET, BY COMPONENT (000’ UNITS) 27
FIGURE 8 AUTONOMOUS TRACTORS MARKET, BY CROP TYPE (USD MILLION) 28
FIGURE 9 AUTONOMOUS TRACTORS MARKET, BY FARM APPLICATION (USD MILLION) 29
FIGURE 10 AUTONOMOUS TRACTORS MARKET, BY REGION (UNITS) 30
FIGURE 11 GROWTH IN TREND OF MECHANIZATION IN THE AGRICULTURAL INDUSTRY TO DRIVE THE DEMAND FOR AUTONOMOUS TRACTORS DURING THE
FORECAST PERIOD 31
FIGURE 12 NORTH AMERICA IS PROJECTED TO DOMINATE THE AUTONOMOUS TRACTORS MARKET THROUGH 2025 32
FIGURE 13 CHINA EXPECTED TO LEAD THE MARKET IN 2019 33
FIGURE 14 FRUITS & VEGETABLES SEGMENT PROJECTED TO DOMINATE THE MARKET
IN 2019 34
FIGURE 15 US AND CHINA: IMPORTANT MARKETS FOR AUTONOMOUS TRACTORS, 2019 35
FIGURE 16 AUTONOMOUS TRACTORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 36
FIGURE 17 AVERAGE AGE OF A PRINCIPAL FARM OPERATOR IN THE US 39
FIGURE 18 EMPLOYMENT IN AGRICULTURE (% OF TOTAL EMPLOYMENT) 40
FIGURE 19 AVERAGE FARM HOLDING SIZE: 2015 (HA/HOLDING) 43
FIGURE 20 AUTONOMOUS TRACTORS MARKET, BY REGION, 2021 VS. 2025 (UNITS) 70
FIGURE 21 NORTH AMERICA IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL AUTONOMOUS TRACTORS MARKET 71
FIGURE 22 ASIA PACIFIC AUTONOMOUS TRACTORS MARKET SNAPSHOT 73
FIGURE 23 EUROPE: AUTONOMOUS TRACTORS MARKET, 2021 VS. 2025 (UNITS) 77
FIGURE 24 NORTH AMERICA: AUTONOMOUS TRACTORS MARKET SNAPSHOT 81
FIGURE 25 ROW: AUTONOMOUS TRACTORS MARKET, 2021 VS. 2025 84
FIGURE 26 COMPANIES ADOPTED EXPANSION AS THE KEY GROWTH STRATEGY FROM
2016 TO 2017 87
FIGURE 27 AUTONOMOUS TRACTOR MARKET RANKING: 2017 88
FIGURE 28 AGCO: COMPANY SNAPSHOT 94
FIGURE 29 CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT 98
FIGURE 30 MAHINDRA & MAHINDRA LTD.: COMPANY SNAPSHOT 102  
FIGURE 31 DEERE & COMPANY: COMPANY SNAPSHOT 108
FIGURE 32 KUBOTA CORPORATION: COMPANY SNAPSHOT 111
FIGURE 33 YANMAR CO., LTD.: COMPANY SNAPSHOT 114
FIGURE 34 TRIMBLE, INC.: COMPANY SNAPSHOT 117
FIGURE 35 AGJUNCTION, INC.: COMPANY SNAPSHOT 120
FIGURE 36 RAVEN INDUSTRIES: COMPANY SNAPSHOT 122

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