Global Autonomous Tractors Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


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Introduction Autonomous Tractors Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. In addition, market players are adopting new strategies to boost the growth of the market. For instance, a start-up company in India named AutoNxt developed an autonomous electric tractor called Hulk which is the answer to the rise in problem of lack of skilled workers in the country. Such developments are anticipated to substantially fuel the growth of the autonomous tractors market. The global autonomous tractors market is segmented based on component, application, and region. Based on component, the market is categorized into sensor, GPS, vision system, and others. Geographical Overview At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Autonomous Tractors Market with its high population base. The LAMEA and Asia-Pacific autonomous tractors markets are expected to exhibit significant growth, owing to the rise in demand for more food due to increase in population. Segmental Overview Autonomous Tractors Market is segmented as per below specifications - By Product Type: • Sensor • GPS • Vision system • Others By Consumption: • Tillage • Harvesting • Seed Sowing • Irrigation • Spraying By Distribution Channel: • Type A • Type B Competitor Analysis Autonomous Tractors Market has presence of some of the key major players across globe which includes • AGCO Corporation • Autonomous Solutions, Inc. • Autonomous Tractor Corporation • CNH Industrial • Deere & Company • KINZE Manufacturing • Kubota Corporatio • Mahindra & Mahindra • Trimble • Yanmar. These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Autonomous Tractors Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations