Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Autonomous Agricultural Machinery Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international ABC Market. The research
study also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Autonomous Agricultural Machinery Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Autonomous
Agricultural Machinery Market is offered.
Market
Insights:
In accordance with the report, the Autonomous
Agricultural Machinery Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Autonomous Agricultural Machinery
Market was valued at USD XX.X Mn in 2021 and is expected to reach USD XX.X Mn
in 2031, growing with a significant CAGR rate during the forecast period. Growing
demand for self-driving farming equipment, particularly in areas with a low
farmer population, is expected to boost market growth. The desire for fully
autonomous farm equipment has increased as agricultural operations have become
more mechanised and autonomous. Manufacturers have been pushed to introduce new
items on the market due to the growing potential of partially autonomous farm
equipment. In the future years, market growth is likely to be boosted by an
increase in demand for sustainable agriculture combined with effective resource
management. Across different countries, a growing emphasis on sustainable
solutions, modern technology, and operation-efficient farm equipment is
assisting demand growth for autonomous farm equipment. Over the years, the
agriculture industry has seen numerous technical advancements, and
manufacturers continue to spend in research and development to improve
technology. Leading manufacturers are working on cutting-edge self-driving farm
equipment to improve reliability and efficiency while lowering prices.
Furthermore, significant advances in advanced robotics and electronics, as well
as navigation and GPS systems, are enabling fully autonomous farm equipment to
be more efficient and precise. Technological improvements and innovations in
autonomous tractors, as a result of the usage of various sensors such as
position sensors, optical sensors, dielectric soil moisture sensors, and
others, as well as a machine vision system, are projected to fuel market
expansion in the future.
Research
Methodology:
To compile
the detailed study of the global Autonomous
Agricultural Machinery market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Autonomous Agricultural Machinery Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Autonomous Agricultural Machinery Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Autonomous Agricultural Machinery market was
affected negatively due to the shutdown of manufacturing/processing facilities
for some time. The analysts have also focused on the key measures that the
companies are opting to withstand the harsh scenario.
Segment
Covered:
Autonomous Agricultural Machinery Market report has been segmented by Product Type, By
Application also includes the market size and forecast for all these segments.
Compounded annual growth rates for all segments have also been provided for
2021 to 2031. This report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain.
Key Segments:
Autonomous Agricultural Machinery Market research report includes an in-depth coverage of the
industry with estimates & forecast from 2021 to 2031, for the following
segments:
Autonomous
Agricultural Machinery Market, By Product type, 2021-2031 (USD Million)
·
Drones
·
Tractors
·
Robots
·
Others
Autonomous
Agricultural Machinery Market, By Application, 2021-2031 (USD Million)
·
Crop
Spraying
·
Agriculture
Aerial Photography
·
Others
Report
Highlights:
The prime objective of the Autonomous
Agricultural Machinery market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Autonomous
Agricultural Machinery Market, By Region, 2021-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Autonomous
Agricultural Machinery market:
·
John
Deere
·
Autonomous
Tractor Corporation
·
AGCO(Fendt)
·
CNH
Global (Case IH)
·
DJI
·
XAG
·
TXA
·
Hanhe
·
Yuren
Agricultural Aviation
·
Harris
Aerial
·
Kray
·
AirBoard
·
TTA
·
Others
Autonomous
Agricultural Machinery Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key
players' strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market
size in terms of volume and value, past, present, and future scenario
·
Potential
and specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.