The global autonomous tractor market was valued at USD 827 million in 2021 to USD 3,679 million by 2028, progressing at a CAGR of 23.8% from 2022 to 2028, according to Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the horsepower, automation, application, and region. The global market data on autonomous tractor can be segmented by horsepower: up to 30 HP, 31 HP to 100 HP, above 100 HP. The above 100 HP segment is estimated to account for the largest share of the global autonomous tractor market. Autonomous tractor market is further segmented by automation: fully automated, semi automated. The semi automated segment held the largest revenue share in 2021. Based on application, the autonomous tractor market is segmented into: tillage, harvesting, seed sowing, irrigation, others. Globally, the tillage segment made up the largest share of the autonomous tractor market. On the basis of region, the autonomous tractor market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific was the largest contributor to the global autonomous tractor market in 2021.
The global autonomous tractor market is highly competitive. Key companies profiled in the report include AGCO Corporation, Alamo Group Inc., Autonomous Tractor Corporation, CNH Industrial N.V., Deere & Company, Kinze Manufacturing Inc., Kubota Corporation, Mahindra and Mahindra Ltd., Trimble Inc., Yanmar Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 23.78% |
| Pages | 22 |
| Key Players | AGCO Corporation, Alamo Group Inc., Autonomous Tractor Corporation, CNH Industrial N.V., Deere & Company, Kinze Manufacturing Inc., Kubota Corporation, Mahindra and Mahindra Ltd., Trimble Inc., Yanmar Co. Ltd. |
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