Global Autonomous Farm Equipment Market Overview And Prospects
Learn about the global autonomous farm equipment market through The Business Research Company, which provides information on autonomous farm equipment market size, autonomous farm equipment market drivers and restraints, autonomous farm equipment market players, the COVID-19 impact on the autonomous farm equipment market, and more.
The global autonomous farm equipment market size is expected to grow from $62.79 billion in 2021 to $68.51 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global autonomous farm equipment market is expected to grow to $97.28 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%.
The increasing use of autonomous tractors is a key factor driving the growth of the autonomous farm equipment market.
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The autonomous farm equipment market consists of sales of autonomous farm equipment and related services for agriculture, horticulture, animal husbandry, and forestry. Within a unified framework, autonomous farming is the modeling and regulation of agricultural machinery. These farming technologies use the on-farm sensing and control power of automated farming equipment to reach agronomy-based targets.
Global Autonomous Farm Equipment Market Segments Include:
By Product Type: Tractors, Harvesters, Unmanned Aerial Vehicles (UAVs), Other Product Types
By Technology: Partially Autonomous, Fully Autonomous
By Application: Agriculture, Horticulture, Animal husbandry, Forestry, Other Applications
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the autonomous farm equipment market in 2021.
TBRC’s autonomous farm equipment market report covers:
Major Market Players: Claas KGaA GmbH, Deutz Fahr, AGCO Corporation, John Deere, Case IH, Agrobot, Autonomous Tractor Corporation, Yanmar, Iseki & Co, and Kubota.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Autonomous Farm Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides autonomous farm equipment market overviews, analyzes and forecasts market size, share, autonomous farm equipment market players, autonomous farm equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s autonomous farm equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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