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Europe Autonomous Tractors Market Size, Share & Industry Trends Analysis Report By Crop Type (Fruits & Vegetables, Oilseeds & Pulses, and Cereals & Grains), By Component, By Farm Application, By Power Output, By Country and Growth Forecast, 2023-2029

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    Report

  • 111 Pages
  • April 2023
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5806330
The Europe Autonomous Tractors Market should witness market growth of 19.7% CAGR during the forecast period (2023-2029).

A strong need exists to increase agricultural operations' effectiveness to meet the growing global demand for food in light of the recent dramatic growth in the global population. In addition, agricultural labor has also significantly decreased as a result of rising urbanization. Therefore, due to these factors, farmers were compelled to look for methods and substitutes to boost yields and productivity to meet demand. Furthermore, there is a growing need to increase the effectiveness of agricultural activities because cultivable land is limited, and farm productivity depends on environmental factors. This is one of the main factors fueling the demand for autonomous tractors, along with farmers' increased focus on enhancing agricultural production.

Using multiple farming tasks at once is made possible by autonomous tractors, which increase labor productivity. Additionally, as a result of government initiatives to develop the industry, investments have increased in the agricultural industry, which has led to the autonomous tractor market's continued growth in a positive manner. Additionally, the global movement toward self-sustaining agricultural mechanization programs and the growing use of autonomous tractors to guarantee sustainable food security are propelling the market growth.

Various government initiatives have been launched to promote the adoption of cutting-edge agricultural practices to boost crop production and productivity. For instance, the European Union has developed financial incentives and assistance programs as part of the new European Common Agricultural Policy to entice farmers to spend money on precision farming tools. To simplify agricultural processes, leading manufacturers are creating farm management systems, sensing and monitoring equipment, automation and control systems, as well as additional systems and equipment. It is predicted that the regional market for autonomous tractors will rise due to the growing popularity of precision farming.

The Germany market dominated the Europe Autonomous Tractors Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $248.5 million by 2029. The UK market is anticipated to grow at a CAGR of 18.7% during (2023-2029). Additionally, The France market would exhibit a CAGR of 20.6% during (2023-2029).

Based on Crop Type, the market is segmented Fruits & Vegetables, Oilseeds & Pulses, and Cereals & Grains. Based on Component, the market is segmented into Radar, GPS, Camera/Vision Systems, Ultrasonic Sensors, LiDAR, and Hand-held Devices. Based on Farm Application, the market is segmented into Tillage, Harvesting, Seed Sowing, and Others. Based on Power Output, the market is segmented into 101 HP & Above, 31 - 100 HP, and Below 30 HP. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include KUBOTA Corporation, CNH Industrial N.V., Deere & Company, AGCO Corporation, Mahindra & Mahindra Limited (Mahindra Group), Kinze Manufacturing, Inc., Alamo Group Inc. (Dutch Power B.V.), Yanmar Holdings Co., Ltd., Trimble, Inc. and Autonomous Tractor Corporation.

Scope of the Study

By Crop Type

  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Cereals & Grains

By Component

  • Radar
  • GPS
  • Camera/Vision Systems
  • Ultrasonic Sensors
  • LiDAR
  • Hand-held Devices

By Farm Application

  • Tillage
  • Harvesting
  • Seed Sowing
  • Others

By Power Output

  • 101 HP & Above
  • 31 - 100 HP
  • Below 30 HP

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • KUBOTA Corporation
  • CNH Industrial N.V.
  • Deere & Company
  • AGCO Corporation
  • Mahindra & Mahindra Limited (Mahindra Group)
  • Kinze Manufacturing, Inc.
  • Alamo Group Inc. (Dutch Power B.V.)
  • Yanmar Holdings Co., Ltd.
  • Trimble, Inc.
  • Autonomous Tractor Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Autonomous Tractors Market, by Crop Type
1.4.2 Europe Autonomous Tractors Market, by Component
1.4.3 Europe Autonomous Tractors Market, by Farm Application
1.4.4 Europe Autonomous Tractors Market, by Power Output
1.4.5 Europe Autonomous Tractors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
Chapter 4. Europe Autonomous Tractors Market by Crop Type
4.1 Europe Fruits & Vegetables Market by Country
4.2 Europe Oilseeds & Pulses Market by Country
4.3 Europe Cereals & Grains Market by Country
Chapter 5. Europe Autonomous Tractors Market by Component
5.1 Europe Radar Market by Country
5.2 Europe GPS Market by Country
5.3 Europe Camera/Vision Systems Market by Country
5.4 Europe Ultrasonic Sensors Market by Country
5.5 Europe LiDAR Market by Country
5.6 Europe Hand-held Devices Market by Country
Chapter 6. Europe Autonomous Tractors Market by Farm Application
6.1 Europe Tillage Market by Country
6.2 Europe Harvesting Market by Country
6.3 Europe Seed Sowing Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Autonomous Tractors Market by Power Output
7.1 Europe 101 HP & Above Market by Country
7.2 Europe 31 - 100 HP Market by Country
7.3 Europe Below 30 HP Market by Country
Chapter 8. Europe Autonomous Tractors Market by Country
8.1 Germany Autonomous Tractors Market
8.1.1 Germany Autonomous Tractors Market by Crop Type
8.1.2 Germany Autonomous Tractors Market by Component
8.1.3 Germany Autonomous Tractors Market by Farm Application
8.1.4 Germany Autonomous Tractors Market by Power Output
8.2 UK Autonomous Tractors Market
8.2.1 UK Autonomous Tractors Market by Crop Type
8.2.2 UK Autonomous Tractors Market by Component
8.2.3 UK Autonomous Tractors Market by Farm Application
8.2.4 UK Autonomous Tractors Market by Power Output
8.3 France Autonomous Tractors Market
8.3.1 France Autonomous Tractors Market by Crop Type
8.3.2 France Autonomous Tractors Market by Component
8.3.3 France Autonomous Tractors Market by Farm Application
8.3.4 France Autonomous Tractors Market by Power Output
8.4 Russia Autonomous Tractors Market
8.4.1 Russia Autonomous Tractors Market by Crop Type
8.4.2 Russia Autonomous Tractors Market by Component
8.4.3 Russia Autonomous Tractors Market by Farm Application
8.4.4 Russia Autonomous Tractors Market by Power Output
8.5 Spain Autonomous Tractors Market
8.5.1 Spain Autonomous Tractors Market by Crop Type
8.5.2 Spain Autonomous Tractors Market by Component
8.5.3 Spain Autonomous Tractors Market by Farm Application
8.5.4 Spain Autonomous Tractors Market by Power Output
8.6 Italy Autonomous Tractors Market
8.6.1 Italy Autonomous Tractors Market by Crop Type
8.6.2 Italy Autonomous Tractors Market by Component
8.6.3 Italy Autonomous Tractors Market by Farm Application
8.6.4 Italy Autonomous Tractors Market by Power Output
8.7 Rest of Europe Autonomous Tractors Market
8.7.1 Rest of Europe Autonomous Tractors Market by Crop Type
8.7.2 Rest of Europe Autonomous Tractors Market by Component
8.7.3 Rest of Europe Autonomous Tractors Market by Farm Application
8.7.4 Rest of Europe Autonomous Tractors Market by Power Output
Chapter 9. Company Profiles
9.1 KUBOTA Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.2 CNH Industrial N.V
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.3 Deere & Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.4 AGCO Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Mahindra & Mahindra Limited (Mahindra Group)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 Kinze Manufacturing, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.7 Alamo Group Inc. (Dutch Power B.V.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.8 Yanmar Holdings Co., Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Recent strategies and developments:
9.8.3.1 Product Launches and Product Expansions:
9.9 Trimble, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.10. Autonomous Tractor Corporation
9.10.1 Company Overview

Companies Mentioned

  • KUBOTA Corporation
  • CNH Industrial N.V.
  • Deere & Company
  • AGCO Corporation
  • Mahindra & Mahindra Limited (Mahindra Group)
  • Kinze Manufacturing, Inc.
  • Alamo Group Inc. (Dutch Power B.V.)
  • Yanmar Holdings Co., Ltd.
  • Trimble, Inc.
  • Autonomous Tractor Corporation

Methodology

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