Autonomous Tractor Market in Australia and New Zealand Market 2017-2021
About Autonomous Tractor in Australia and New Zealand
Autonomous tractors are driverless vehicles that are remotely controlled using sensors, wireless technology, and visual systems to avoid obstacles and carry out farm operations. These tractors generally do not have a driver cabin as they are autonomous and remotely operated. Various features of autonomous tractors, such as time, reliability, and speed with high efficiency, maximize productivity to ensure better profits to farmers.
Technavio’s analysts forecast the autonomous tractor market in Australia and New Zealand to grow at a CAGR of 45.49% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the autonomous tractor market in Australia and New Zealand for 2017-2021. To calculate the market size, the report considers installations, shipments, sales, retrofit, replacement, spares, aftermarket, and services of autonomous tractors and allied components.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Autonomous Tractor Market in Australia and New Zealand 2017-2021
Technavio recognizes the following companies as the key players in the autonomous tractor market in Australia and New Zealand: AGCO, Kinze Manufacturing, New Holland, and Yanmar.
Other Prominent Vendors in the market are: Aurotron, Case IH, John Deere, and Kubota.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advancements in agriculture robotics. The agricultural industry is witnessing a major challenge due to weed growth in farmlands. There are different methods used by farmers to reduce weed growth, which affects farm productivity. Three different methods used to tackle weed growth are thermal, chemical, and mechanical.”
According to the report, one driver in the market is higher cost savings. Farming applications are cost-extensive as they involve the use of traditional equipment and resources such as seeds and fuel to run tractors. The damages caused by environmental conditions and manually operated equipment incur additional cost to farmers due to the losses. Farming applications require constant support in terms of water availability for irrigation of land. Therefore, it is important for farmers to adopt methods that can optimize farming applications. Multiple repetitive and resource-intensive applications such as harvesting, seed sowing, and irrigation are performed on fields.
Further, the report states that one challenge in the market is design and development cost. Autonomous tractors are much lighter than traditional tractors. This is due to their construction that involves advanced electronic components and software to automate farming operations. The weight of autonomous tractors is distributed by the number of wheels, which equally distribute the heavy weight among the tires. This prevents soil compaction resulting due to the heavy weight of tractors on the soil. Artificial intelligence, the combination of advanced components, is integrated with the help of software and controllers, which provide a detailed structure for the working of autonomous tractors.
AGCO, Kinze Manufacturing, New Holland, Yanmar, Aurotron, Case IH, John Deere, and Kubota.