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AUTONOMOUS FARM EQUIPMENT

Global Market Trajectory & Analytics

MCP10614

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

1953
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

352
Interactions with Platform & by Email

PARTICIPANTS

78
Unique # Participated

VALIDATIONS

36
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

SEPTEMBER 2020

TABLES

62

PAGES

227

EDITION

7

PRICE

USD $5450


The global market for Autonomous Farm Equipment is projected to reach US$128.8 billion by 2025, driven by growing government and private sector investments in intelligent agriculture as the future of sustainable farming. Major factors playing key roles in catalyzing revolutionary changes in agricultural technologies include growing population and food demand; escalating shortages in arable land due to soil pollution and use of agricultural lands for industrialization and urbanization; need to increase yields per acre; shortage of labor; growing carbon footprint of agricultural activities; and rising urgency in addressing sustainability issues such as unacceptable rise in pesticide residues, soil degradation, water wastages, herbicide resistance in plants, and preventable losses in planting, growing, and harvesting. All of these factors catalyze the concerns surrounding food security, and opens up new revenue possibilities and opportunities for automation in agriculture. Achieving sustainable food security supported by self-sustaining agricultural mechanization strategy is emerging as the cornerstone for the growth of automation in agriculture. Benefits of mechanized agriculture practices include increase in crop yields per acre; increase in agricultural production; productivity enhancements; increased efficiency of farming; lower costs; improved farm profitability; enables more land reclamation; prevents soil erosion; enables the shift from `subsistence farming` to commercial agriculture; addresses the problem of labor shortages; and better use of land. All these benefits help in increased crop production thereby increasing food supply, the key to meeting food security goals.

A key trend in the market is the effervescent developments in artificial intelligence (AI) which has the potential to catapult autonomous farm equipment into the next level of efficiency in farming. Autonomous farming systems provide better ways to grow crops. For instance, machine vision powered agri-robots can monitor and spray herbicides only on weeds so as to prevent herbicide resistance; deep learning and image vision embedded equipment aid in smart crop and soil health monitoring helping lessen the annual cost of soil erosion which is over US$46 billion in the U.S alone; lightweight smaller robots alleviate soil compaction issues and help increase crop yields by over 10%; autonomous AI-powered fruit picking machine picks only mature fruits saving humans repetitive tasks; crop spraying drones significantly reduce the amount of pesticides and insecticides used and eliminates the risk of overspray. The United States and Europe represent the largest markets worldwide with a combined share of 52.7%. China ranks as the fastest growing market with a 16.7% CAGR over the analysis period against the backdrop of the emergence of smart agriculture as a new industry in the country. Farming methods and practices are rapidly changing in China. From Northwestern Xinjiang to Jiansanjiang, several pilot projects are underway involving driverless tractors, satellites, drones, pest-detecting cameras and farmerless farms. Asia-Pacific excluding China follows next with a 16.4% CAGR with India and other Southeast Asian countries, also racing to digitalize farming.
AGCO Corporation; Bobcat Company; Claas KGaA mbH; CNH Industrial N.V.; Iseki & Co., Ltd.; John Deere; Kubota Corporation; SDF S.p.A.; YANMAR Co., Ltd.
» Product Type (Tractors, Harvesters, Other Product Types) » Type (Partially Autonomous, Fully Autonomous)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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05
1. MARKET OVERVIEW
Growing Population & Food Security Concerns, the Foundation for the Growth of Agricultural Equipment
TABLE: Long Term Focus on Feeding the World as Population Touches a Projected 9.2 Billion by 2045 to Sustain the Growth of Mechanized Farm Equipment: Global Population (in 000s) by Region for the Years 2018, 2025, 2035 & 2045
Climate Change Adds Fuel to the Already Burning Issue of Food Security
TABLE: The World of Change Characterized by Rising Surface Temperatures on Earth & its Negative Impact on Agriculture Increases the Reliance on Advanced Farming Systems & Technologies to Sustain Crop Production: Average Global Surface Temperature (In Degrees Fahrenheit) for the Years 1940, 2000 and 2020
What this Means for Autonomous Farm Equipment?
Global Competitor Market Shares
Autonomous Farm Equipment Competitor Market Share Scenario Worldwide (in %): 2022E
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Declining Agricultural Land Productivity Sets the Stage for Transformation in Farming
TABLE: Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land as a % of Total Land Area & Hectares Per Person for the Years 1990, 2000, 2018 and 2020
Growing Investments in Smart Farming & Increased Use of IoT in Agriculture Preps the Market for Robust Growth
TABLE: Rise of Smart Agriculture Sets the Stage for Adoption of Automated Farming Technologies: Global Smart Agriculture Market Worldwide (In US$ Billion) for the Years 2019 & 2024
TABLE: Increased Deployment of IoT in Agriculture Strengthens the Business Case for Autonomous Farm Equipment: Global Agricultural IoT Market (In US$ Billion) for the Years 2019 & 2024
Innovation in Advanced Robotics Plays a Key Role in the Commercialization of Autonomous Farm Equipment
TABLE: Continuous R&D in Robotics & the Ensuing Expansion of the Robotics Market Bodes Keeps the Innovation Wheel Well Oiled for Agricultural Robotic Solutions: Global Market for Robotics (In US$ Billion) for the Years 2019 & 2024
GPS Systems & Navigation Emerge to Be Indispensable in Autonomous Farm Equipment
TABLE: Technology Penetration of High-Precision GPS Vital in Making Autonomous Vehicles a Reality: Global Positioning Systems (GPS) Market Worldwide (In US$ Billion) for the Years 2019, 2022 and 2025
Developments in Artificial Intelligence (AI), Machine Vision & Machine Learning Remain Critical to Commercialization & Growth
TABLE: Opening Up of Opportunities for AI in Agriculture to Push Up the Innovation Index in the Market: Artificial Intelligence (AI) in Agriculture Worldwide (In US$ Million) for the Years 2019, 2022 and 2025
Robust Government Budgets for Autonomous Agricultural Technology in Support of Food Security Goals to Benefit Market Growth
TABLE: Backed by Government Funding & Support, Automation in Agriculture Gains Ground: Percentage Share (%) of Government Expenditure on Agriculture in Total Budgets by Region for the Years 2010, 2015, 2019 and 2021
Worsening Labor Shortages & Rising Labor Costs Drives Interest in Autonomous Equipment
TABLE: Shrinking Labor for Agriculture Raises the Red Flag Spurring Agriculture on the Road to Automation: Percentage (%) of Agricultural Workers in the Global Workforce for the Years 1992, 2019 & 2022
As a Bridge to Fully Autonomous Vehicles, Partially Autonomous Vehicles Enjoy Significant Market Dominance
Driverless Tractors, the Future of Farming on Large Farmlands
TABLE: Farm Consolidation & Increase in Average Size of Farm Pave the Way for the Deployment of Driverless Tractors: Average Size of Farms (In Hectares) by Region/Country for the Year 2019
Agricultural Drones Emerge to Revolutionize Farming in the 21st Century
TABLE: Expanding Applications of Commercial Drones Supported by Progressive Improvements in Functionality to Help Autonomous Farm Equipment Cross the Chasm Between Early Adoption to Mass Adoption: Global Commercial Drone Market (In US$ Billion) for the Years 2019, 2022 and 2024
TABLE: Emergence of Flying Robots as the New Face of Robotics Coupled With Effervescent R&D in the Space, Paves the Way for Algorithms, Drones & Robots to Revolutionize Agriculture & Farming: Global % Share Spending on Robotics & Drones for the Year 2019E
Myriad Benefits Drive the Popularity of Automated Harvesters
TABLE: Grain Loss During Harvesting Caused by Current Generation Machines Drives Demand for Smart Autonomous Harvesting Machines: Corn Head Kernel Loss While Harvesting With a Combine Harvester
4. GLOBAL MARKET PERSPECTIVE
Autonomous Farm Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Autonomous Farm Equipment Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
Partially Autonomous (Type) World Market by Region/Country in US$ Million: 2020 to 2027
Partially Autonomous (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
Fully Autonomous (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Fully Autonomous (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
Tractors (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Tractors (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
Harvesters (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
Harvesters (Product Type) Market Share Breakdown by Region/Country: 2020 VS 2027
Other Product Types (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
Other Product Types (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Autonomous Farm Equipment Market Share (in %) by Company: 2019 & 2025
United States Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Type: 2020 to 2027
United States Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
United States Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
United States Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
CANADA
Canadian Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Autonomous Farm Equipment Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
Canadian Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
Autonomous Farm Equipment Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
JAPAN
Japanese Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
Japanese Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Japanese Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
Japanese Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
CHINA
Chinese Autonomous Farm Equipment Market Growth Prospects in US$ Million by Type for the Period 2020-2027
Chinese Autonomous Farm Equipment Market by Type: Percentage Breakdown of Sales for 2020 and 2027
Chinese Autonomous Farm Equipment Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
Chinese Autonomous Farm Equipment Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
Market Facts & Figures
European Autonomous Farm Equipment Market: Competitor Market Share Scenario (in %) for 2019 & 2025
European Autonomous Farm Equipment Market Demand Scenario in US$ Million by Region/Country: 2018-2025
European Autonomous Farm Equipment Market Share Shift by Region/Country: 2020 VS 2027
European Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020-2027
European Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
European Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
European Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
FRANCE
Autonomous Farm Equipment Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
French Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Autonomous Farm Equipment Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
French Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
GERMANY
Autonomous Farm Equipment Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
German Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
German Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
ITALY
Italian Autonomous Farm Equipment Market Growth Prospects in US$ Million by Type for the Period 2020-2027
Italian Autonomous Farm Equipment Market by Type: Percentage Breakdown of Sales for 2020 and 2027
Italian Autonomous Farm Equipment Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
Italian Autonomous Farm Equipment Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
United Kingdom Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
United Kingdom Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
United Kingdom Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
United Kingdom Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
Spain
Spanish Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Autonomous Farm Equipment Market in Spain: Percentage Share Breakdown of Sales by Type for 2020 and 2027
Spanish Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
Autonomous Farm Equipment Market in Spain: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
Russia
Russian Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Type: 2020 to 2027
Russian Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Russian Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
Russian Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
REST OF EUROPE
Rest of Europe Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020-2027
Rest of Europe Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Rest of Europe Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
Rest of Europe Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
ASIA-PACIFIC
Asia-Pacific Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Asia-Pacific Autonomous Farm Equipment Market Share Analysis by Region/Country: 2020 VS 2027
Autonomous Farm Equipment Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
Asia-Pacific Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
Asia-Pacific Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
Australia
Autonomous Farm Equipment Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
Australian Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
Australian Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
India
Indian Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Autonomous Farm Equipment Market in India: Percentage Share Breakdown of Sales by Type for 2020 and 2027
Indian Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
Autonomous Farm Equipment Market in India: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
South Korea
Autonomous Farm Equipment Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
Autonomous Farm Equipment Market Share Distribution in South Korea by Type: 2020 VS 2027
Autonomous Farm Equipment Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
Autonomous Farm Equipment Market Share Distribution in South Korea by Product Type: 2020 VS 2027
Rest of Asia-Pacific
Rest of Asia-Pacific Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
Rest of Asia-Pacific Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Rest of Asia-Pacific Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
Rest of Asia-Pacific Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
Latin America
Latin American Autonomous Farm Equipment Market Trends by Region/Country in US$ Million: 2020-2027
Latin American Autonomous Farm Equipment Market Percentage Breakdown of Sales by Region/Country: 2020 and 2027
Latin American Autonomous Farm Equipment Market Growth Prospects in US$ Million by Type for the Period 2020-2027
Latin American Autonomous Farm Equipment Market by Type: Percentage Breakdown of Sales for 2020 and 2027
Latin American Autonomous Farm Equipment Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
Latin American Autonomous Farm Equipment Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
Argentina
Argentinean Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020-2027
Argentinean Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Argentinean Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
Argentinean Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Brazil
Autonomous Farm Equipment Market in Brazil by Type: Estimates and Projections in US$ Million for the Period 2020-2027
Brazilian Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Brazil by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
Brazilian Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
Mexico
Autonomous Farm Equipment Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
Mexican Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
Mexican Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Rest of Latin America
Rest of Latin America Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Type: 2020 to 2027
Rest of Latin America Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Rest of Latin America Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
Rest of Latin America Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Middle East
The Middle East Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
The Middle East Autonomous Farm Equipment Market Share Breakdown by Region/Country: 2020 and 2027
The Middle East Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Autonomous Farm Equipment Market in the Middle East: Percentage Share Breakdown of Sales by Type for 2020 and 2027
The Middle East Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
Autonomous Farm Equipment Market in the Middle East: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
Iran
Iranian Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
Iranian Autonomous Farm Equipment Market Share Analysis by Type: 2020 VS 2027
Iranian Market for Autonomous Farm Equipment: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
Iranian Autonomous Farm Equipment Market Share Analysis by Product Type: 2020 VS 2027
Israel
Israeli Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Type: 2020-2027
Israeli Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Israeli Autonomous Farm Equipment Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
Israeli Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Saudi Arabia
Saudi Arabian Autonomous Farm Equipment Market Growth Prospects in US$ Million by Type for the Period 2020-2027
Saudi Arabian Autonomous Farm Equipment Market by Type: Percentage Breakdown of Sales for 2020 and 2027
Saudi Arabian Autonomous Farm Equipment Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
Saudi Arabian Autonomous Farm Equipment Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
United Arab Emirates
Autonomous Farm Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
Autonomous Farm Equipment Market Share Distribution in United Arab Emirates by Type: 2020 VS 2027
Autonomous Farm Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
Autonomous Farm Equipment Market Share Distribution in United Arab Emirates by Product Type: 2020 VS 2027
Rest of Middle East
Autonomous Farm Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
Rest of Middle East Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
Autonomous Farm Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
Rest of Middle East Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Africa
African Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Type: 2020 to 2027
African Autonomous Farm Equipment Market Share Breakdown by Type: 2020 VS 2027
African Autonomous Farm Equipment Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
African Autonomous Farm Equipment Market Share Breakdown by Product Type: 2020 VS 2027
Total Companies Profiled : 50 (including Divisions/Subsidiaries - 50)

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