Pune, Maharashtra -- (SBWIRE) -- 12/05/2019 -- Autonomous Tractors Industry 2019

Market Overview
Unlike driverless cars, autonomous tractors are no recent innovation. In fact, autonomous tractors have made their presence felt since the 1980s when precision agriculture witnessed a boom. Autonomous tractors make use of advanced sensors and automated systems that help with auto-steering, remote supervision, and human control whenever required. These can even operate in low-visibility or other similar adverse environments.

Market by Top Autonomous Tractors Companies, this report covers
AGCO
Kinze Manufacturing
New Holland
Yanmar
Case IH
John Deere
Kubota
Mahindra & Mahindra

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Autonomous tractors increase efficiency, boost farm productivity, cuts down labour costs, and helps in the effective management of farm activities. As a result, the industry has been growing increasingly. The global autonomous tractor market is expected to grow at a CAGR of 35 percent from its initial valuation of USD 507.61 million. The increasing labour costs are one of the greatest factors that are propelling this industry.
On the other hand, the obstacles in the global autonomous tractor industry appear to be the huge initial capital investment and lack of awareness amongst the farming community.

Segmentation
The report analyzes the global autonomous tractor industry based on the components and technological element used, namely:
LiDAR
Radar
GPS
Camera/vision systems
Ultrasonic sensors
Hand-held devices

It also classifies the market based on the power output, such as Up to 30 HP, 31-100 HP, and 101 HP & above.
Depending on the task being carried out by the autonomous tractor, the market can also be segmented into Tillage, Seed sowing, Harvesting, and Others.

Regional Analysis
The report analyzes the following geographical regions:
North America
Europe
China
Japan
Southeast Asia
India

Since a major chunk of autonomous tractor manufacturing industries is located in the Asia-Pacific region, this region is expected to dominate the market by launching innovations in the autonomous tractor sector.

Industry News
John Deere, a well-known agricultural component manufacturing company, has launched the autonomous electric tractor. This eco-friendly machinery is powered by a compact electric drive that offers an output of 500 kW. Farmers can equip the tractor with tracks or wheels, depending on their requirements. The autonomous tractor also offers flexible ballasting at 5 to 15 tons, which helps in reducing soil compaction.

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Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global Autonomous Tractors Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Autonomous Tractors Market Analysis by Regions
5 North America Autonomous Tractors by Country
6 Europe Autonomous Tractors by Country
7 Asia-Pacific Autonomous Tractors by Country
8 South America Autonomous Tractors by Country
9 Middle East and Africa Autonomous Tractors by Countries
10 Global Autonomous Tractors Market Segment by Type
11 Global Autonomous Tractors Market Segment by Application
12 Autonomous Tractors Market Forecast (2019-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
List of Tables and Figures
Continue…..