This report provides exclusive insights into the COVID-19 impact on the Autonomous and Semi-autonomous Tractors Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Autonomous and Semi-autonomous Tractors Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Autonomous and Semi-autonomous Tractors Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
report published by Infinium Global Research on autonomous and semi-autonomous
tractors market provides an in-depth analysis of segments and sub-segments in the
global as well as regional autonomous and semi-autonomous tractors market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional autonomous and semi-autonomous tractors market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global autonomous and semi-autonomous
tractors market. According to the report, the global autonomous and semi-autonomous
tractors market is projected to grow at a CAGR of 24.68% over the forecast
period of 2019-2025.
Harper Adams University and Precision Decisions launched a project named the
Hands-Free Hectare project, which was undertaken to demonstrate that one
hectare of grain could be grown to harvest without physical the presence of a
human on the land. Since then, they have harvested two seasons of grain by
using only robots and autonomous machinery including a tractor. The GPS-enabled
tractors can plant, spray and harvest the field. These autonomous tractors work
on a prescription file to spray weeds, insects, and diseases, only where it is
required. The Indian automaker Mahindra & Mahindra Ltd. is designing an
autonomous tractor. While another Indian engineering company, Escorts showcased
its autonomous tractor concept. In Canada, the autonomous tractors made by Dot
are commercially available.
labor and high cost of labor for farming are the major driving factors for the
autonomous and semi-autonomous tractors market. These tractors are expected to
reduce the requirement of labor and increase the yield. Moreover, the
autonomous tractors are more precise and accurate, which reduces waste and
increases productivity, which in turn increases the demand for autonomous and
semi-autonomous tractors. However, the high cost of autonomous and
semi-autonomous tractors is anticipated to be a key factor that is likely to
hamper the market. Additionally, the tractors are expected to be profitable in
the long-term, as they repay their cost by saving on labor charges.
geographies, North America and Europe have witnessed a rise in the adoption of
autonomous and semi-autonomous tractors. Availability of large fields, low
availability of labor, and massive grasslands in these regions are the major
driving factors of the autonomous and semi-autonomous tractors market in North
America and Europe. The average age in Japan is on the elder side and they lack
the power to handle conventional mechanical tractors properly. This is
projected to boost the autonomous and semi-autonomous tractors market in the
country. Additionally, the presence of a large number of manufacturers in the
region put Japan at the forefront for the development of autonomous tractors.
Furthermore, China is the key manufacturer and exporter of agriculture
products, which leads to the high adoption of autonomous and semi-autonomous
tractors to enhance their production.
The report on
global autonomous and semi-autonomous tractors market covers segments such as
technology, power output, and application. On the basis of technology, the
sub-markets include driverless tractors, and driver-assisted tractors. On the
basis of power output, the sub-markets include below 30 HP, 31 HP to 100 HP,
and 101 HP and above. On the basis of application, the sub-markets include
harvesting, seed sowing, irrigation, and other applications.
provides profiles of the companies in the market such as AGCO Corporation,
Deere & Company, Komatsu America Corp., Autonomous Solutions Inc., Raven
Industries, Inc., Trimble, Inc., Mahindra & Mahindra Ltd., KUBOTA
Corporation, Ag Leader Technology, Inc., Agjunction, Inc., and Other Companies.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The IGR-Growth
Matrix analysis given in the report brings an insight into the investment areas
that existing or new market players can consider. The report provides insights
into the market using analytical tools such as Porter's five forces analysis
and DRO analysis of autonomous and semi-autonomous tractors market. Moreover,
the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.