Global Autonomous Farm Equipment Market Size, Drivers, Trends, Opportunities And Strategies – Includes Autonomous Farm Equipment Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing use of autonomous tractors are expected to drive innovation in autonomous farm equipment manufacturing, thus driving the market during the forecast period.
The global autonomous farm equipment market is expected to grow from $67.53 billion in 2022 to $72.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The global autonomous farm equipment market size is expected to grow to $94.59 billion in 2027 at a CAGR of 6.8%.
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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 is the largest region in the global autonomous farm equipment market in 2021.
Major Market Players in the autonomous farm equipment market include Claas KGaA GmbH, Deutz Fahr, AGCO Corporation, John Deere, Case IH, Agrobot, Autonomous Tractor Corporation.
The Autonomous Farm Equipment Global Market Report 2023 provides a autonomous farm equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The autonomous farm equipment market forecast analyzes autonomous farm equipment market size, autonomous farm equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The autonomous farm equipment refers to the equipment used for agriculture, horticulture, animal husbandry, and forestry. Within a unified framework, autonomous farming is the modelling 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.
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