Autonomous Agricultural Machinery Market Size, Scope, Growth, Key Players and Forecast at Douglas Insights – EIN News | CarTailz

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The market for autonomous farm machinery is expected to grow in the coming years as the benefits of using such machines become more apparent.

ISLE OF MAN, Nov. 1, 2022 / — Autonomous Agricultural Equipment Market Size Analysis:

The global market size for autonomous agricultural machinery is expected to reach XX billion USD by 2028, growing at a CAGR of XX% during the forecast period. The market is expected to be driven by the increasing demand for automation in agriculture and the need to reduce labor costs.

Technological advances in the agricultural industry have been a mixed bag for farmers. On the one hand, they have more information and equipment at their disposal than ever before. But on the other hand, this technology is becoming more and more complex and expensive. One area that has seen significant development in recent years is autonomous agricultural machinery. This type of equipment can be operated without human intervention and has the potential to revolutionize the agricultural industry.

COVID-19 scenario:

The agribusiness has been hit hard by the COVID-19 pandemic and many farmers are struggling to keep their businesses running. The situation is exacerbated by the fact that much of the agricultural equipment on the market is obsolete and needs to be replaced.

However, there is a silver lining in the form of autonomous farm machinery. This type of equipment is operated by robots or other computer controlled systems, which means they can continue to function even when human operators are unavailable.

As the world continues to grapple with the COVID-19 pandemic, autonomous farm machines could become an increasingly important tool to keep the agricultural industry alive.

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Segments included in the report:

By type
• Market Analysis
• Semi-autonomous
• Completely autonomous

By product
• Tractors
• harvesters
• Other

Autonomous Farming Equipment Market Drivers and Restraints:

The market for autonomous farm machinery is expected to grow in the coming years as the benefits of using such machines become more apparent. The main drivers of this growth will be the increase in efficiency and productivity that can be achieved with these machines, as well as the reduction in labor costs. Additionally, the improved safety of these machines makes them more attractive to farmers who are concerned about injuries to their workers.

However, there are also several limitations that could slow down the growth of this market. One of the biggest concerns is the high initial cost of these machines, which could discourage many farmers from using them. Also, there is a lack of standardization in this market, which could make it difficult for farmers to find compatible devices. Finally, some customers are reluctant to entrust autonomous machines with a task as important as agriculture.

Regional Shares:

In terms of sales, North America dominated the global market for autonomous agricultural machines in 2016. Numerous companies, especially in the United States, are committed to the development of autonomous agricultural machines. In addition, government agencies are involved in promoting the use of advanced technologies in agriculture to increase productivity. Technology awareness and the need for improved cultivation are two of the many factors promoting autonomous farming equipment in this region.

In 2016, Europe lagged behind North America in terms of revenue in the global market for autonomous agricultural machinery. The vast areas of cultivation and agriculture, as well as the lack of human labor, have forced the nations of this region to use autonomous agricultural machines. In Asia Pacific and Latin America, the adoption of autonomous farm machinery has been hampered by factors such as a lack of technological awareness and the availability of cheap labor.

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Key Players Profiled in the Market Report:

The Autonomous Farming Equipment Market report includes detailed profiles of the major market players. The key players profiled in the report are:

• Agrobot
• Energetic
• Clearpath robotics
• Autonomous solutions
• Wageningen UR
• Agritronics
• Kinze manufacturing
• Amazone-Bosch
• AGCO Fendt
• Rowbot
• Robotic harvest
• Jaybridge Robotics
• Autonomous tractor
• Agrobotic AutoProbe
• Naio Technologies

These players have developed various strategies to gain a competitive edge in the market.

Key questions answered in this report

• Covid-19 Impact Analysis on the Global Autonomous Agricultural Machinery Industry.
• What are current market trends and dynamics in the Autonomous Agricultural Equipment market and valuable opportunities for emerging players?
• What is driving the Autonomous Farm Equipment market?
• What are the key challenges for market growth?
• Which segment will exhibit the fastest CAGR over the forecast period?
• Which product type segment has a larger market share and why?
• Are low- and middle-income economies investing in the autonomous farming equipment market?
• Key growth areas based on regions, types, applications and end users
• What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and the Middle East and Africa?

Unique data points of this report

• Statistics on autonomous farming equipment and spending worldwide
• Recent trends in different regions related to cross-industry adoption of autonomous farming equipment
• Notable developments in the industry
• Attractive range of investments for segments and regions
• Comparative scenario for all segments for the years 2018 (actual) and 2028 (forecast)

Table of Contents:

1 Introduction
1.1. Scope and description of the report
1.2. research methodology
1.2.1. Phase I secondary research
1.2.2. Phase II primary research
1.2.3. Phase II expert group review
1.2.4. assumptions
1.2.5. approach accepted

2. Summary
2.1. Global Autonomous Agricultural Products Market – Snapshot
2.2. Global Autonomous Agricultural Products Market by Type
2.3. Global Autonomous Agricultural Products Market, By Product
2.4. Global Autonomous Agricultural Products Market by Geography

3. Global Autonomous Agricultural Products Market Analysis
3.1. Overview of the global autonomous agricultural products market
3.2. Insights into market inclination
3.2.1. Current trends
3.2.2. future outlook
3.3. market dynamics
3.3.1. market leader
3.3.2. market challenges
3.4. seesaw analysis
3.5. Attractive investment offer
3.6. Market positioning of the main industry players
3.6.1. main strategies adopted
3.6.2. Analyst Recommendations

4. Global Autonomous Agricultural Products Market Revenue by Type (US$ Mn)
4.1. market analysis
4.2. Partly autonomous
4.3. Completely autonomous

5. Global Autonomous Agricultural Products Market Revenue by Product (US$ Mn)
5.1. market analysis
5.2. tractors
5.3. harvesters
5.4. Other

6. North America Autonomous Agricultural Products Market Analysis (Million USD)
6.1. North America Autonomous Agricultural Products Market Revenue by Type (US$ Mn)
6.1.1. Partly autonomous
6.1.2. Completely autonomous
6.2. North America Autonomous Agricultural Products Market Revenue, by Product (US$ Mn)
6.2.1. tractors
6.2.2. harvesters
6.2.3. Other
6.3. North America Autonomous Agricultural Products Market Revenue, by Country (US$ Mn)
6.3.1. US
6.3.2. Rest of North America

*Other companies can be added in the detailed report.

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