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LAMEA 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: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5806620
The Latin America, Middle East and Africa Autonomous Tractors Market should witness market growth of 25.6% CAGR during the forecast period (2023-2029).

The government support of modern technologies like artificial intelligence (AI), the Internet of Things (IoT), and machine learning (ML), as well as sustainable production methods like smart and precision farming, is fostering the development of the market for automated technology. For example, the use of autonomous tractors by farmers to replace manual labor is deliberate. These self-driving tractors are available for farmers at any time, per their schedules and plans.

These tractors also have automatic steering, which enables farmers to cultivate their land more reliably and fosters market expansion. Utilizing cutting-edge technology, like redundant and overlapping sensor arrays, autonomous tractors help with agricultural production because they can detect any anomalies in the field while operating. Farmers are increasingly embracing autonomous tractors to maintain productivity because climate change, safety issues, and other factors are all significant production impediments.

LAMEA is expected to grow moderately. The market for autonomous tractors is predicted to expand rapidly because of the rising popularity of IoT and AI-mixed applications, such as machine learning, predictive analysis, and others. Despite the advancements made in agricultural innovation programs over the past 20 years, there is still a critical need to improve agricultural technology and innovation facilities to address these problems. Due to the rising popularity of cell phones and the internet among consumers, farmers in various nations within the regional market are gradually adopting the newest technologies. The adoption of precision farming is also aided by farmers' expanding IoT (Internet of Things) networks and cutting-edge technology.

The Brazil market dominated the LAMEA Autonomous Tractors Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $106.7 million by 2029. The Argentina market is exhibiting a CAGR of 26.3% during (2023-2029). Additionally, The UAE market would display a CAGR of 24.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 LAMEA Autonomous Tractors Market, by Crop Type
1.4.2 LAMEA Autonomous Tractors Market, by Component
1.4.3 LAMEA Autonomous Tractors Market, by Farm Application
1.4.4 LAMEA Autonomous Tractors Market, by Power Output
1.4.5 LAMEA 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. LAMEA Autonomous Tractors Market by Crop Type
4.1 LAMEA Fruits & Vegetables Market by Country
4.2 LAMEA Oilseeds & Pulses Market by Country
4.3 LAMEA Cereals & Grains Market by Country
Chapter 5. LAMEA Autonomous Tractors Market by Component
5.1 LAMEA Radar Market by Country
5.2 LAMEA GPS Market by Country
5.3 LAMEA Camera/Vision Systems Market by Country
5.4 LAMEA Ultrasonic Sensors Market by Country
5.5 LAMEA LiDAR Market by Country
5.6 LAMEA Hand-held Devices Market by Country
Chapter 6. LAMEA Autonomous Tractors Market by Farm Application
6.1 LAMEA Tillage Market by Country
6.2 LAMEA Harvesting Market by Country
6.3 LAMEA Seed Sowing Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Autonomous Tractors Market by Power Output
7.1 LAMEA 101 HP & Above Market by Country
7.2 LAMEA 31 - 100 HP Market by Country
7.3 LAMEA Below 30 HP Market by Country
Chapter 8. LAMEA Autonomous Tractors Market by Country
8.1 Brazil Autonomous Tractors Market
8.1.1 Brazil Autonomous Tractors Market by Crop Type
8.1.2 Brazil Autonomous Tractors Market by Component
8.1.3 Brazil Autonomous Tractors Market by Farm Application
8.1.4 Brazil Autonomous Tractors Market by Power Output
8.2 Argentina Autonomous Tractors Market
8.2.1 Argentina Autonomous Tractors Market by Crop Type
8.2.2 Argentina Autonomous Tractors Market by Component
8.2.3 Argentina Autonomous Tractors Market by Farm Application
8.2.4 Argentina Autonomous Tractors Market by Power Output
8.3 UAE Autonomous Tractors Market
8.3.1 UAE Autonomous Tractors Market by Crop Type
8.3.2 UAE Autonomous Tractors Market by Component
8.3.3 UAE Autonomous Tractors Market by Farm Application
8.3.4 UAE Autonomous Tractors Market by Power Output
8.4 Saudi Arabia Autonomous Tractors Market
8.4.1 Saudi Arabia Autonomous Tractors Market by Crop Type
8.4.2 Saudi Arabia Autonomous Tractors Market by Component
8.4.3 Saudi Arabia Autonomous Tractors Market by Farm Application
8.4.4 Saudi Arabia Autonomous Tractors Market by Power Output
8.5 South Africa Autonomous Tractors Market
8.5.1 South Africa Autonomous Tractors Market by Crop Type
8.5.2 South Africa Autonomous Tractors Market by Component
8.5.3 South Africa Autonomous Tractors Market by Farm Application
8.5.4 South Africa Autonomous Tractors Market by Power Output
8.6 Nigeria Autonomous Tractors Market
8.6.1 Nigeria Autonomous Tractors Market by Crop Type
8.6.2 Nigeria Autonomous Tractors Market by Component
8.6.3 Nigeria Autonomous Tractors Market by Farm Application
8.6.4 Nigeria Autonomous Tractors Market by Power Output
8.7 Rest of LAMEA Autonomous Tractors Market
8.7.1 Rest of LAMEA Autonomous Tractors Market by Crop Type
8.7.2 Rest of LAMEA Autonomous Tractors Market by Component
8.7.3 Rest of LAMEA Autonomous Tractors Market by Farm Application
8.7.4 Rest of LAMEA 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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