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Autonomous Farm Equipment - Worldwide Market Forecast to 2023; Dominated by AGCO, CLAAS, CNH Industrial, Deere & Company and Kubota - ResearchAndMarkets.com

January 2, 2019

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 Players

AGCO CLAAS CNH Industrial Deere & Company Kubota

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

Market 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 LANDSCAPE

Geographic 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 LANDSCAPE

Overview Landscape disruption Competitive scenario

PART 14: VENDOR ANALYSIS

Vendors 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

KEYWORD:

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

http://www.businesswire.com/news/home/20190102005463/en

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