Autonomous Farm Equipment Market 2022-2028

PUBLISHED: September 25, 2022

PAGES: 120 Pages

DELIVERY TIME: 2-3 business days

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Global Autonomous Farm Equipment Market Size, Share & Trends Analysis Report by Types (Tractors, Harvesters, Tiller, and Seed Drill), and by Applications (Agriculture, Horticulture, Animal husbandry, and Others (spraying and fertilizing)) Forecast Period (2022-2028).

The global autonomous farm equipment market is anticipated to grow at a substantial CAGR of around 10.2% during the forecast period. The rising demand for autonomous harvesters drive the autonomous farm equipment market. Automated harvesters are structured in such a way that it maintains optimum level of accuracy in determining ripeness of fruits and vegetables. Market players are working towards more innovative solutions in farming. For instance, in September 2020, Sberbank and Cognitive Pilot introduced AI-based robotic harvesting solutions. By using this harvesting solution, the grain cost can be cut by 3-5% and reduce harvesting losses up to two times. Owing to advanced solutions in harvesting, the autonomous farm equipment market is expected to grow.

The global autonomous farm equipment market is segmented based on the types and applications. Based on the types, the market is sub-segmented into tractors, harvesters, tiller, and seed drill. Based on the applications, the market is sub-segmented into the agriculture, horticulture, animal husbandry, and others (spraying and fertilizing). Farmers face challenge in securing the work of entire year while preparing for harvest. Due to which the demand for autonomous harvesters is expected to grow as these harvesters have control technology, cutting tools and own camera to recognize and harvest the crop. Various innovations are taking place to resolve the farming challenges. For instance, in February 2021, Future Acres launched an autonomous, robotic harvest companion named Carry, which helps farmers gather crops faster and with less physical demand.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North America region is expected to hold the prominent share in autonomous farm equipment market due to increased investment in Ag-based startups. For instance, in December 2021, Kubota Corporation in Bloomfield Robotics Inc., a US startup company which uses technology and AI to assess the growth of plant and detect pests on grape and other tree crops.

The major companies serving the global autonomous farm equipment market include AGCO Corp., AgJunction Inc., Agrobot, CLAAS Group, Clearpath Robotics Inc., Deere & Co., Ecorobotix SA, ISEKI & CO., LTD., KUBOTA Corp., Mahindra & Mahindra Ltd. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2021, a minority investment in Monarch Tractor was completed by CNH Industrial. Monarch has designed an electric tractor platform which associates a fully-electric powertrain with self-directed technologies to support innovative farming operations. This will create ease in farming due to which it is anticipated that there will be increase in demand for such equipment in future.

Research Methodology

The market study of the global autonomous farm equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Autonomous Farm Equipment Market Research and Analysis by Types

2. Global Autonomous Farm Equipment Market Research and Analysis by Applications

The Report Covers:

Comprehensive Research Methodology of the global autonomous farm equipment market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global autonomous farm equipment market.
Insights about market determinants that are stimulating the global autonomous farm equipment market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026370

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Autonomous Farm Equipment Market
Recovery Scenario of Global Autonomous Farm Equipment Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Autonomous Farm Equipment Market by Types
- 4.1.1. Tractors
- 4.1.2. Harvesters
- 4.1.3. Tiller
- 4.1.4. Seed Drill
4.2. Global Autonomous Farm Equipment Market by Applications
- 4.2.1. Agriculture
- 4.2.2. Horticulture
- 4.2.3. Animal husbandry
- 4.2.4. Others (Spraying and Fertilizing)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. AGCO Corp.
6.2. AgJunction Inc.
6.3. Agrobot
6.4. CLAAS Group
6.5. Clearpath Robotics Inc.
6.6. Deere & Co.
6.7. Ecorobotix SA
6.8. ISEKI & CO.,LTD.
6.9. KUBOTA Corp.
6.10. Mahindra & Mahindra Ltd.
6.11. Naio Technologies
6.12. Raven Industries, Inc.
6.13. Small Robot Co.
6.14. Trimble Inc.
6.15. Yanmar Holdings Co., Ltd.
6.16. Zimeno Inc Dba Monarch Tractor

Product Code: OMR2026370

LIST OF TABLES

1. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
2. GLOBAL TRACTORS IN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL HARVESTERS IN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL TILLER INAUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SEED DRILL INAUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
7. GLOBAL AUTONOMOUS FARM EQUIPMENT FOR AGRICULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL AUTONOMOUS FARM EQUIPMENT FOR HORTICULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL AUTONOMOUS FARM EQUIPMENT FOR ANIMAL HUSBANDRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL AUTONOMOUS FARM EQUIPMENT FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
14. NORTH AMERICAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
15. EUROPEAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
17. EUROPEAN AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
21. REST OF THE WORLD AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
23. REST OF THE WORLD AUTONOMOUS FARM EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)

LIST OF FIGURES

1. IMPACT OF COVID-19 ON GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET, 2022-2028 (%)
4. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET SHARE BY TYPES, 2021 VS 2028 (%)
5. GLOBAL TRACTORS IN AUTONOMOUS FARM EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL HARVESTERS IN AUTONOMOUS FARM EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL TILLER INAUTONOMOUS FARM EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL SEED DRILL INAUTONOMOUS FARM EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET SHARE BY APPLICATIONS, 2021 VS 2028 (%)
10. GLOBAL AUTONOMOUS FARM EQUIPMENT IN AGRICULTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL AUTONOMOUS FARM EQUIPMENT IN HORTICULTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL AUTONOMOUS FARM EQUIPMENT IN ANIMAL HUSBANDRY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL AUTONOMOUS FARM EQUIPMENT IN OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL AUTONOMOUS FARM EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. US AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
17. UK AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD AUTONOMOUS FARM EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)