Agricultural Tractor Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024
- Key Topics
- Agricultural Tractor Robots
- Agriculture Internet of Things
- Digital farming
- Self-driving tractors
- Robotic Tractor Advanced Sensors and Guidance Systems
- Agriculture industry
- Harvest Automation
LEXINGTON, Massachusetts (May 25, 2018) – WinterGreen Research announces that it has published a new study Agricultural Tractor Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024. The 2018 study has 210 pages, 110 tables and figures. Worldwide markets are poised to achieve continuing growth as Agricultural Tractor Robots proves its value by managing digital farming and implementing self-driving capabilities and features in real time provide farming management.
The agriculture industry is a $5 trillion industry representing 10% of global consumer spending, 40 percent of employment and 30 percent of greenhouse gas emissions globally. Robotic tractors are positioned to help agriculture to be more precise, more efficient, and more productive.
Use of much small tractors will help the soil base, creating less impact on compaction. Agricultural efficiency improvement is impactful to humanity, changing the size of population, quality of life and making a better future.
Agricultural self-driving features for tractors are the beginning of a full rollout of robot technologies. Self-driving features in place depend on having a human control the tractors initially. This is a first step in building fully autonomous tractors. One of the main objections to completely trusting self-driving tractors seems to be the fear of potential accidents. When the vehicles are running unattended there are often obstacles encountered that may cause problems, raising the specter of ruining the tractor.
A $185 million market worldwide in 2017, the Agricultural Tractor Robots market is expected to reach $3.2 billion by 2024.
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- John Deere
- AGCO (Fendt)
- CNH Global (Case IH)
- Autonomous Tractor Corporation
This is the 798th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the Company
WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.
About the Principal Author
Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.