Autonomous Tractors Market in Europe 2017-2021
TechNavio - Infiniti Research Ltd.
About Autonomous Tractors
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.
Technavio’s analysts forecast the autonomous tractors market in Europe to grow at a CAGR of 57.91% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the autonomous tractors market in Europe for 2017-2021. To calculate the market size, the report considers installations, shipments, sales, retrofit, replacement, spares, aftermarket, and services market.
The market is divided into the following segments based on geography:
- France
- Germany
- Poland
- The UK
- Romania
- Others
Technavio's report, Autonomous Tractors Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - AGCO
- Kinze Manufacturing
- New Holland
- Yanmar
Other prominent vendors - Case IH
- John Deere
- Kubota
Market driver - Increase in profit generated from farming
- For a full, detailed list, view our report
Market challenge - Difficulty in collaborating robotic machines with information technology
- For a full, detailed list, view our report
Market trend - Solar energy powered tractors
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Press Release
Technavio Announces the Publication of its Research Report – Autonomous Tractors Market in Europe 2017-2021
Technavio recognizes the following companies as the key players in the autonomous tractors market in Europe: AGCO, Kinze Manufacturing, New Holland, and Yanmar.
Other Prominent Vendors in the market are: Case IH, John Deere, and Kubota.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is solar energy powered tractors. Autonomous tractors are used on fields and operated remotely through controllers. These tractors run on fuel and are operated for long hours. Autonomous tractors are used for exhaustive applications. Therefore, the energy back-up that can be used after the fuel is consumed is crucial.”
According to the report, one driver in the market is increase in profit generated from farming. To increase the profits in farming, it is important for farmers to cultivate good crops with sufficient production to serve the region and yield variety of seasonal crops. The agriculture industry has been using mechanical equipment that are tough to operate and demands manual assistance. However, robotic equipment that are being used in the farming applications has provided farmers with a higher opportunity of maximizing quantity and quality of crops.
Further, the report states that one challenge in the market is difficulty in collaborating robotic machines with information technology. Autonomous tractors are incorporated with advanced components that allow them to move autonomously on a pre-determined path. As they are remotely operated, all the operations and movements are controlled by farmers. However, the incorporation of advanced information technology and artificial intelligence, which allow the autonomous machines to work on real-time is still in a nascent stage and is, therefore, a challenge for manufacturers.
Companies Mentioned
AGCO, Kinze Manufacturing, New Holland, and Yanmar.Case IH, John Deere, and Kubota.
