Global Pollination Market.PDF
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.
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.
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