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Autonomous Tractors Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Autonomous

The “Autonomous Tractors Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Autonomous Tractors industry. The information available in the Autonomous Tractors market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Autonomous Tractors market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Autonomous Tractors Market:

  • AGCO
  • John Deere
  • Mahindra and Mahindra Ltd
  • Autonomous Tractor Corporation
  • CNH Industrial
  • Kubota Corporation
  • Dutch Power Company
  • Yanmar Co., Ltd.
  • Trimble Inc.
  • Kinze Manufacturing, Inc.

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    Market Overview:

  • The global autonomous tractor market was valued at USD 507.61 million in 2018 and is projected to grow at a CAGR of 35.0% during the forecast period (2019-2024).The drivers identified in the market are increase in efficiency and farm productivity, increase in labour costs and better management of farm activities.The restraints identified in the market are huge capital investment, lack of awareness among farmers and unanticipated risks in a growing market.

    Scope of the Report:

  • The autonomous tractor is mainly referred to as the driverless tractor which uses several components like GPS, sensors, laser diodes and other devices for all the agricultural tasks. They are either fully automated or semi-automated whereby the tractor is managed using a remote control from a distance.

    Reasons for Buying Autonomous Tractors Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Increase in Labour Costs is driving the market

    The cost of farm labor has a direct relationship with the percentage of the total population of a country employed in agriculture, considering simple demand-supply economics. On an average, developing economies have larger percentages of population dependent on agriculture. However, the percentages have decreased over time. Farmers are increasingly adopting agricultural mechanization as a substitute to manual labor with a more cost-effective, easily available and more efficient means of agricultural operation.They are shifting towards autonomous tractors to save time and resources which in turn is increasing the farm productivity and per acre yield of crops.

    Asia Pacific is the fastest growing market

    The global autonomous tractor market is segmented by geography into North America,Europe, Asia Pacific,South America and Africa. Asia Pacific is considered as the fastest growing market because the companies located in Asia Pacific are launching new autonomous tractors in the market and thereby dominating the market with faster innovations and product launches.

    Autonomous Tractors Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Autonomous Tractors Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Horse Power
    5.1.1 Upto 30 HP
    5.1.2 31 HP to 100 HP
    5.1.3 Above 100 HP
    5.2 Automation
    5.2.1 Fully Automated
    5.2.2 Semi-Automated
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 Spain
    5.3.2.4 France
    5.3.2.5 Russia
    5.3.2.6 Rest of Europe
    5.3.3 Asia Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Japan
    5.3.3.4 Australia
    5.3.3.5 Rest of Asia Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Africa
    5.3.5.1 South Africa
    5.3.5.2 Rest of Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Most Adopted Competitor Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 AGCO
    6.3.2 John Deere
    6.3.3 Mahindra and Mahindra Ltd
    6.3.4 Autonomous Tractor Corporation
    6.3.5 CNH Industrial
    6.3.6 Kubota Corporation
    6.3.7 Dutch Power Company
    6.3.8 Yanmar Co., Ltd.
    6.3.9 Trimble Inc.
    6.3.10 Kinze Manufacturing, Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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