Autonomous Tractors Market in Europe to Grow at a CAGR of 57.9%, 2017-2021 with AGCO, Kinze Manufacturing, New Holland & Yanmar Dominating

DUBLIN, July 19, 2017 /PRNewswire/ --

The "Autonomous Tractors Market in Europe 2017-2021" report has been added to Research and Markets' offering.

The autonomous tractors market in Europe to grow at a CAGR of 57.91% during the period 2017-2021.

The report, Autonomous Tractors Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in the market is solar energy powered tractors. Autonomous tractors are used on fields and operated remotely through controllers. These tractors run on fuel and are operated for long hours. Autonomous tractors are used for exhaustive applications. Therefore, the energy back-up that can be used after the fuel is consumed is crucial.

According to the report, one driver in the market is increase in profit generated from farming. To increase the profits in farming, it is important for farmers to cultivate good crops with sufficient production to serve the region and yield variety of seasonal crops. The agriculture industry has been using mechanical equipment that are tough to operate and demands manual assistance. However, robotic equipment that are being used in the farming applications has provided farmers with a higher opportunity of maximizing quantity and quality of crops.

Further, the report states that one challenge in the market is difficulty in collaborating robotic machines with information technology. Autonomous tractors are incorporated with advanced components that allow them to move autonomously on a pre-determined path. As they are remotely operated, all the operations and movements are controlled by farmers. However, the incorporation of advanced information technology and artificial intelligence, which allow the autonomous machines to work on real-time is still in a nascent stage and is, therefore, a challenge for manufacturers.

Key vendors

• AGCO
• Kinze Manufacturing
• New Holland
• Yanmar
  

Other prominent vendors

• Case IH
• John Deere
• Kubota
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by components

PART 07: Market segmentation by applications

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/n8c5dc/autonomous

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