According to Research for Markets, the Global Autonomous Tractor Market is accounted for $XX million in 2016 and is expected to reach $XX million by 2023 growing at a CAGR of XX% during the forecast period. Factors such as growing requirement for energy-efficient methods, developments in solar-powered tractors and improvement in agriculture robotics are driving the market growth. However, design and development cost is hampering the market growth. Autonomous tractors are driverless vehicles which are distantly controlled by sensors, visual systems and wireless technology to evade obstacles and carry out farm operations. Different type of autonomous tractors, such as time, reliability, and speed with high efficiency, maximize production to make sure better returns to farmers.
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In autonomous tractors, development in technologies enables the farmers to monitor and control the tractors remotely. Hardware solution plays a major role to assist the tractors in different applications such as harvesting, irrigation and seed sowing.
Harvesting application is mainly used with autonomous tractors owing to their high-precision productivity such as changing track without any setback in operations and easy obstacle discovery.
Based on geography, Asia Pacific commanded the largest market share during the forecast period. Under Asia Pacific, Australia and New Zealand are the fastest growing regions due to the presence of key players operating in this region.
Some of the key players in this market include Aurotron Pty Ltd, John Deere US, Case IH, Kubota Tractor Corporation, New Holland, AGCO Corporation, Yanmar, Kinze Manufacturing, Autonomous Tractor Corporation and Fendt Corporation.
• Seed Sowing
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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