Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
DESCRIPTION The global smart tractor market is expected to grow at a CAGR of 25.67% over the forecast period to reach US$8.768 billion by 2023, from US$2.797 billion in 2018. A Smart Tractor is referred to an autonomous driverless tractor which is controlled by a remote. This offers great advantages to many farmers and farm workers across different regions. It consists of a possibility of working 24 hrs. non-stop and thus farmers can supervise it along with managing other tasks. The tractor’s progress is checked via controls in a room or through a mobile tablet interface. Also, detectors which form a part of the advanced obstacle detection system or intelligent detection system can save the tractor from onsite accidents. With a weather monitoring system, farmers can be alerted on their mobile interface and thus can set the tractor to comply with the instructions best suited to their requirements. Smart Tractors have an immense potential globally and can become of the products which can revolutionize the ailing agriculture industry across key geographical regions. Some of the key companies covered as part of the smart tractor study include, CNH Industrial, Raven Applied Technology, John Deere, Autonomous Tractor Corporation, Fendt, and Case IH among others. Research Methodology The report provides a brief introduction to the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report. Market Dynamics This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the smart tractor market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
Segmentation The global smart tractor market is segmented as type, technology, and geography as below: By Type o Full autonomy o Supervised autonomy By Technology o Obstacle Detection Technology o Intelligent Detection Technology o GPS Technology By Geography o North America o South America o Europe o Middle East and Africa (MEA) o Asia Pacific (APAC) Key questions answered by the report What will be the global smart tractor market size between 2018 to 2023? How are the major drivers and restraints affecting the global smart tractor market and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behaviour Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the Study 1.3. Currency 1.4. Assumptions 1.5. Base, and Forecast Years Timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Key Findings of the Study 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Value Chain Analysis 4.7. Industry Regulations 5. Global Smart Tractor Market Forecast by Type (US$ Billion) 5.1. Introduction 5.2. Full Autonomy 5.3. Supervised Autonomy 6. Global Smart Tractor Market Forecast by Technology (US$ Billion) 6.1. Introduction 6.2. Obstacle Detection Technology Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
6.3. Intelligent Detection Technology 6.4. GPS Technology 7. Global Smart Tractor Market Forecast by Geography (US$ Billion) 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East and Africa (MEA) 7.6. Asia Pacific (APAC) 8. Competitive Intelligence 8.1. Market Share Analysis 8.2. Strategies of Key Players 8.3. Recent Investments and Deals 9. Company Profiles 9.1. CNH Industrial 9.1.1. Overview 9.1.2. Financials 9.1.3. Products and Services 9.1.4. Key Developments 9.2. Raven Applied Technology 9.2.1. Overview 9.2.2. Financials 9.2.3. Products and Services 9.2.4. Key Developments 9.3. John Deere 9.3.1. Overview 9.3.2. Financials 9.3.3. Products and Services 9.3.4. Key Developments 9.4. Autonomous Tractor Corporation 9.4.1. Overview 9.4.2. Financials 9.4.3. Products and Services Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
9.4.4. Key Developments 9.5. Fendt 9.5.1. Overview 9.5.2. Financials 9.5.3. Products and Services 9.5.4. Key Developments 9.6. Case IH 9.6.1. Overview 9.6.2. Financials 9.6.3. Products and Services 9.6.4. Key Developments List of Tables List of Figures
Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023
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Global Smart Tractor Market - Industry Trends, Opportunities and Forecasts to 2023