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Global Autonomous Tractors Market Size study, by Horse Power (Upto 30 HP 31 HP to 100 HP, Above 100 HP), by Automation (Fully Automated, Semi-Automated), and Regional Forecasts 2020-2027

  • BIZ4386091
  • 200 Pages
  • May 2021
  • Automotive and Transportation
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Global Autonomous Tractors Market is valued at approximately USD 1.53 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 24 % over the forecast period 2020-2027. Farmers in countries such as the United States and Australia face labour shortages, and the average age of these farmers is rising, increasing the need for autonomous tractors in these areas. In addition, industry leaders are implementing innovative tactics in order to fuel market demand. For example, in India, a start-up called AutoNxt built the Hulk, an autonomous electric tractor that addresses the country's growing shortage of qualified labour. Such advances are expected to significantly boost the demand for self-driving tractors. Furthermore, the cost of farm labour has a direct relationship with the proportion of a country's total population working in agriculture, impacting the global agricultural tractors industry. Agriculture employs a higher proportion of the workforce of developed countries on average. However, when a substantial number of people migrate to the city every year, the numbers have fallen over time. For instance, according to a World Bank study, the world's rural population has decreased from 67 percent in 1960 to 45 percent in 2017. Similarly, according to the Indian Council of Food and Agriculture, India's agriculture workforce is expected to shrink by 25.7 percent by 2050, which will fuel the market growth. However, Lack of Technical Knowledge Among Farmers may impede market growth over the forecast period of 2020-2027.

The regional analysis of the global Autonomous Tractors Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America, and Rest of the World. North America is projected to have the majority share of the market. Farmers' higher disposable incomes, a shortage of skilled farm workers, and well-developed technology are the main drivers of the autonomous tractors market's potential growth in North America. As a developing country, North America's farms are typically massive, and consumer loyalty is high. In the United States, there is a growing need for high-powered tractors. In the North American region, the United States is the largest market for autonomous tractors.

Major market player included in this report are:

Mahindra and Mahindra Ltd

Autonomous Tractor Corporation

AGCO

CNH Industrial

Kubota Corporation

Dutch Power Company

John Deere

Yanmar Co., Ltd.

Trimble Inc.

Kinze Manufacturing, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Horse Power:

Upto 30 HP

31 HP to 100 HP

Above 100 HP

By Automation:

Fully Automated

Semi-Automated

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19

Base year – 2019-2020

Forecast period – 2021 to 2027.

Target Audience of the Global Autonomous Tractors Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Autonomous Tractors Market , by Region, 2019-2027 (USD Billion)

1.2.2. Autonomous Tractors Market , by Horse Power, 2019-2027 (USD Billion)

1.2.3. Autonomous Tractors Market , by Automation, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Autonomous Tractors Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Autonomous Tractors Market Dynamics

3.1. Autonomous Tractors Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growth in Trend of Mechanization in the Agricultural Industry

3.1.1.2. Increase in Average Age of Farmers in Developed Countries

3.1.2. Market Restraint

3.1.2.1. High Initial Capital Investment

3.1.3. Market Opportunities

3.1.3.1. Integration of Smartphones With Agricultural Hardware and Software Applications for Autonomous Tractors

Chapter 4. Global Autonomous Tractors Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Autonomous Tractors Market , by Horse Power

5.1. Market Snapshot

5.2. Global Autonomous Tractors Market by Horse Power, Performance - Potential Analysis

5.3. Global Autonomous Tractors Market Estimates & Forecasts by Horse Power 2018-2027 (USD Billion)

5.4. Autonomous Tractors Market , Sub Segment Analysis

5.4.1. Upto 30 HP

5.4.2. 31 HP to 100 HP

5.4.3. Above 100 HP

Chapter 6. Global Autonomous Tractors Market , by Automation

6.1. Market Snapshot

6.2. Global Autonomous Tractors Market by Automation, Performance - Potential Analysis

6.3. Global Autonomous Tractors Market Estimates & Forecasts by Automation 2018-2027 (USD Billion)

6.4. Autonomous Tractors Market , Sub Segment Analysis

6.4.1. Fully Automated

6.4.2. Semi-Automated

Chapter 7. Global Autonomous Tractors Market , Regional Analysis

7.1. Autonomous Tractors Market , Regional Market Snapshot

7.2. North America Autonomous Tractors Market

7.2.1. U.S. Autonomous Tractors Market

7.2.1.1. Horse Power breakdown estimates & forecasts, 2018-2027

7.2.1.2. Automation breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Autonomous Tractors Market

7.3. Europe Autonomous Tractors Market Snapshot

7.3.1. U.K. Autonomous Tractors Market

7.3.2. Germany Autonomous Tractors Market

7.3.3. France Autonomous Tractors Market

7.3.4. Spain Autonomous Tractors Market

7.3.5. Italy Autonomous Tractors Market

7.3.6. Rest of Europe Autonomous Tractors Market

7.4. Asia-Pacific Autonomous Tractors Market Snapshot

7.4.1. China Autonomous Tractors Market

7.4.2. India Autonomous Tractors Market

7.4.3. Japan Autonomous Tractors Market

7.4.4. Australia Autonomous Tractors Market

7.4.5. South Korea Autonomous Tractors Market

7.4.6. Rest of Asia Pacific Autonomous Tractors Market

7.5. Latin America Autonomous Tractors Market Snapshot

7.5.1. Brazil Autonomous Tractors Market

7.5.2. Mexico Autonomous Tractors Market

7.6. Rest of The World Autonomous Tractors Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Mahindra and Mahindra Ltd

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Autonomous Tractor Corporation

8.2.3. AGCO

8.2.4. CNH Industrial

8.2.5. Kubota Corporation

8.2.6. Dutch Power Company

8.2.7. John Deere

8.2.8. Yanmar Co., Ltd.

8.2.9. Trimble Inc.

8.2.10. Kinze Manufacturing, Inc.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Autonomous Tractors Market , report scope

TABLE 2. Global Autonomous Tractors Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Autonomous Tractors Market estimates & forecasts by Horse Power 2018-2027 (USD Billion)

TABLE 4. Global Autonomous Tractors Market estimates & forecasts by Automation 2018-2027 (USD Billion)

TABLE 5. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Autonomous Tractors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Autonomous Tractors Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. U.S. Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. U.S. Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Canada Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Canada Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. UK Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. UK Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Germany Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. Germany Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. France Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. France Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Spain Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Spain Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Italy Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Italy Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. ROE Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. ROE Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. China Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. China Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. India Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. India Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Japan Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Japan Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Australia Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Australia Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. South Korea Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. South Korea Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. ROPAC Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. ROPAC Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. Brazil Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. Brazil Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Mexico Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Mexico Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. ROLA Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. ROLA Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROW Autonomous Tractors Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROW Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Autonomous Tractors Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. List of secondary sources used in the study of global Autonomous Tractors Market .

TABLE 76. List of primary sources used in the study of global Autonomous Tractors Market .

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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