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Autonomous Tractors Market Report by Component (LiDAR, Radar, GPS, Camera/Vision Systems, Ultrasonic Sensors, Hand-held Devices), Power Output (Less than 30 HP, 30-50 HP, 51-100 HP, More than 100HP), Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses), Application (Tillage, Seed Sowing, Harvesting, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 136 Pages I IMARC Group
The global autonomous tractors market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2032, exhibiting a growth rate (CAGR) of 18.5% during 2024-2032.
Autonomous tractors are self-driving tractors that rely on modern technology to provide higher efficiency and minimize human intervention. Their speed, steering, braking, and navigation can be autonomously controlled using several additional systems, such as global positioning systems (GPS), lasers, and cameras. They assist farmers in real-time soil analysis, seed selection, planting, and field mapping by using computer vision, data science, and deep learning. They also aid in transforming the ways of farming and making agriculture more automated. As a result, autonomous tractors find extensive applications in the agriculture sector for tillage, harvesting, and seed sowing across the globe.
Autonomous Tractors Market Trends:
At present, there is a rise in the need for increasing the efficiency of agricultural procedures as cultivable land is limited and the productivity of the farm depends on environmental conditions. This, along with the growing focus of farmers on improving the yield of the farm, represents one of the key factors driving the market. Moreover, autonomous tractors offer optimum labor productivity by enabling farmers to manage various farming operations simultaneously. This, coupled with the escalating demand for agricultural output due to the increasing population around the world, is propelling the growth of the market. In addition, governments of several countries are extensively investing in the agriculture industry, which is positively influencing the market. Besides this, auto-steering in autonomous tractors assist farmers in farming with more reliability. In line with this, the increasing unavailability of labor, especially in developed economies, is catalyzing the demand for autonomous tractors. Additionally, the rising employment of autonomous tractors to achieve sustainable food security supported by self-sustaining agricultural mechanization strategies across the globe is stimulating the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global autonomous tractors market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, power output, crop type and application.
Breakup by Component:
LiDAR
Radar
GPS
Camera/Vision Systems
Ultrasonic Sensors
Hand-held Devices
Breakup by Power Output:
Less than 30 HP
30-50 HP
51-100 HP
More than 100HP
Breakup by Crop Type:
Fruits and Vegetables
Cereals and Grains
Oilseeds and Pulses
Breakup by Application:
Tillage
Seed Sowing
Harvesting
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AutoNext Automation Pvt. Ltd., Autonomous Solutions Inc., Deere & Company, Kubota Corporation, Raven Industries Inc., Trimble Inc., Yanmar Holdong Co.Ltd. and Zimeno Inc.
Key Questions Answered in This Report
1. What was the size of the global autonomous tractors market in 2023?
2. What is the expected growth rate of the global autonomous tractors market during 2024-2032?
3. What are the key factors driving the global autonomous tractors market?
4. What has been the impact of COVID-19 on the global autonomous tractors market?
5. What is the breakup of the global autonomous tractors market based on the component?
6. What is the breakup of the global autonomous tractors market based on the crop type?
7. What is the breakup of the global autonomous tractors market based on the application?
8. What are the key regions in the global autonomous tractors market?
9. Who are the key players/companies in the global autonomous tractors market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Autonomous Tractors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 LiDAR
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Radar
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 GPS
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Camera/Vision Systems
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Ultrasonic Sensors
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Hand-held Devices
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Power Output
7.1 Less than 30 HP
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 30-50 HP
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 51-100 HP
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 More than 100HP
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Crop Type
8.1 Fruits and Vegetables
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cereals and Grains
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oilseeds and Pulses
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Tillage
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Seed Sowing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Harvesting
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AutoNext Automation Pvt. Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Autonomous Solutions Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Deere & Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Kubota Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Raven Industries Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Trimble Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Yanmar Holdong Co.Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Zimeno Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
Figure 1: Global: Autonomous Tractors Market: Major Drivers and Challenges
Figure 2: Global: Autonomous Tractors Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Autonomous Tractors Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Autonomous Tractors Market: Breakup by Component (in %), 2023
Figure 5: Global: Autonomous Tractors Market: Breakup by Power Output (in %), 2023
Figure 6: Global: Autonomous Tractors Market: Breakup by Crop Type (in %), 2023
Figure 7: Global: Autonomous Tractors Market: Breakup by Application (in %), 2023
Figure 8: Global: Autonomous Tractors Market: Breakup by Region (in %), 2023
Figure 9: Global: Autonomous Tractors (LiDAR) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Autonomous Tractors (LiDAR) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Autonomous Tractors (Radar) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Autonomous Tractors (Radar) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Autonomous Tractors (GPS) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Autonomous Tractors (GPS) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Autonomous Tractors (Camera/Vision Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Autonomous Tractors (Camera/Vision Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Autonomous Tractors (Ultrasonic Sensors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Autonomous Tractors (Ultrasonic Sensors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Autonomous Tractors (Hand-held Devices) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Autonomous Tractors (Hand-held Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Autonomous Tractors (Less than 30 HP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Autonomous Tractors (Less than 30 HP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Autonomous Tractors (30-50 HP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Autonomous Tractors (30-50 HP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Autonomous Tractors (51-100 HP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Autonomous Tractors (51-100 HP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Autonomous Tractors (More than 100HP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Autonomous Tractors (More than 100HP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Autonomous Tractors (Fruits and Vegetables) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Autonomous Tractors (Fruits and Vegetables) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Autonomous Tractors (Cereals and Grains) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Autonomous Tractors (Cereals and Grains) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Autonomous Tractors (Oilseeds and Pulses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Autonomous Tractors (Oilseeds and Pulses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Autonomous Tractors (Tillage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Autonomous Tractors (Tillage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Autonomous Tractors (Seed Sowing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Autonomous Tractors (Seed Sowing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Autonomous Tractors (Harvesting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Autonomous Tractors (Harvesting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Autonomous Tractors (Other Application) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Autonomous Tractors (Other Application) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: North America: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: North America: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: United States: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: United States: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Canada: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Canada: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Asia-Pacific: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Asia-Pacific: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: China: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: China: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Japan: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Japan: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: India: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: India: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: South Korea: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: South Korea: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Australia: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Australia: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Indonesia: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Indonesia: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Europe: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Europe: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Germany: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Germany: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: France: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: France: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: United Kingdom: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: United Kingdom: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Italy: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Italy: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Spain: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Spain: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Russia: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Russia: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Others: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Others: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Latin America: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Latin America: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Brazil: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Brazil: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Mexico: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Mexico: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Others: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Others: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Middle East and Africa: Autonomous Tractors Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Middle East and Africa: Autonomous Tractors Market: Breakup by Country (in %), 2023
Figure 91: Middle East and Africa: Autonomous Tractors Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Global: Autonomous Tractors Industry: SWOT Analysis
Figure 93: Global: Autonomous Tractors Industry: Value Chain Analysis
Figure 94: Global: Autonomous Tractors Industry: Porter's Five Forces Analysis
Table 1: Global: Autonomous Tractors Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Autonomous Tractors Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Autonomous Tractors Market Forecast: Breakup by Power Output (in Million US$), 2024-2032
Table 4: Global: Autonomous Tractors Market Forecast: Breakup by Crop Type (in Million US$), 2024-2032
Table 5: Global: Autonomous Tractors Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Autonomous Tractors Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Autonomous Tractors Market: Competitive Structure
Table 8: Global: Autonomous Tractors Market: Key Players
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