Autonomous Farm Equipment - Worldwide Market Forecast to 2023; Dominated by AGCO, CLAAS, CNH Industrial, Deere & Company and Kubota - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Global Autonomous Farm Equipment Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The autonomous farm equipment market will register a CAGR of close to 15% by 2023.
The use of AI in autonomous equipment for better decision making is likely to push growth in the market. AI is used in autonomous farm equipment to assist in machine vision of the equipment so that it can perform various tasks effectively.
Increasing government support for developing autonomous farm technology
Autonomous farm technology is essential for tackling various problems of the agricultural sector such as lack of labor and low yields. As autonomous technology requires minimal human intervention and can be performed in low visibility, thus helping governments in food security challenges.
High initial capital investment
The cost of procuring autonomous farm equipment is significantly high when compared with traditional farm equipment.
Key PlayersAGCO CLAAS CNH Industrial Deere & Company Kubota
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCTMarket segmentation by product Comparison by product Tractors - Market size and forecast 2018-2023 Harvesters - Market size and forecast 2018-2023 UAVs - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY TECHNOLOGY
PART 09: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison Americas - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors AGCO CLAAS CNH Industrial Deere & Company Kubota
For more information about this report visit https://www.researchandmarkets.com/research/kkl33d/autonomous_farm?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005463/en/
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Related Topics:Agricultural Machinery and Equipment
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/02/2019 11:41 AM/DISC: 01/02/2019 11:41 AM