Autonomous Tractor Market in Australia and New Zealand Market 2017-2021

This industry research report identifies AGCO, Kinze Manufacturing, New Holland, and Yanmar as the key vendors in the autonomous tractor market in Australia and New Zealand. This industry research report also presents a competitive analysis of the market by application (harvesting, seed sowing, and irrigation), by solution (hardware, software, and services), and by geography (New Zealand and Australia).

Overview of the autonomous tractor market in Australia and New Zealand market

Technavio's market study identifies the better coverage and remote monitoring to be one of the primary growth factors for the autonomous tractor market in Australia and New Zealand. The operators can easily monitor and control the autonomous tractors that are equipped with embedded systems, including cameras, sensors, and GPS complemented with software. The operators can monitor a large area of the farm and improve their decision-making abilities facilitated by the data received from the remote monitoring feature and onboard range of sensors and cameras. These features improve efficiency and productivity due to the better reachability and access. The market analysts estimate that the market will grow steadily at a CAGR of around 46% by 2021.

Agriculture industry globally is increasingly demanding for energy-efficient methods for farming applications that reduces the fuel consumption. The vendors are focusing on designing and developing solar-powered tractors that will aid the farmers in reducing the overhead cost and cover larger areas of the farm. Development of solar powered autonomous tractors helps farmers perform farming operations at a reduced operational cost with higher efficiency. For instance, John Deere has developed a battery-operated tractor called Sustainable Energy Supply for Agricultural Machinery (SESAM) that uses a renewable and cost-effective source of energy. The usage of solar-powered tractors is identified to be one of the key trends contributing towards the growth of the autonomous tractor market in Australia and New Zealand.

Competitive landscape and key vendors

The autonomous tractor market in Australia and New Zealand is highly concentrated due to the presence of few key vendors engaged in designing, developing, and R&D activities to offer customized products that can provide multiple application assistance to farmers. Autonomous tractors manufacturers are focusing on product differentiation and innovation to gain a competitive advantage in the market. New entrants in the market are low due to the capital-intensive nature of technology.

The leading vendors in the market are -

• AGCO
• Kinze Manufacturing
• New Holland
• Yanmar

The other prominent vendors in the market are Aurotron, Case IH, John Deere, and Kubota.

Segmentation by application and analysis of the autonomous tractor market in Australia and New Zealand

• Harvesting
• Seed sowing
• Irrigation

Autonomous tractors are primarily used for harvesting applications due to their high-precision output such as easy obstacle detection and change track without any delay in operation. Additionally, these autonomous tractors are highly fuel-efficient that reduces the cycle time and minimizes repetitive jobs.

Segmentation by solution and analysis of the autonomous tractor market in Australia and New Zealand

• Hardware
• Software
• Services

Integration of advanced technology in the autonomous tractors enables the farmers to control and monitor these tractors remotely. These tractors are integrated with different hardware components that assist them in different applications such as seed sowing, irrigation, and harvesting while reducing cost and manual labor.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the autonomous tractor market in Australia and New Zealand?
• What are the key market trends impacting the growth of the autonomous tractor market in Australia and New Zealand?
• What are the challenges to market growth?
• Who are the key vendors in the autonomous tractor market in Australia and New Zealand?
• What are the market opportunities and threats faced by the vendors in the autonomous tractor market in Australia and New Zealand?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the autonomous tractor market in Australia and New Zealand?

Technavio also offers customization on reports based on specific client requirement.

Autonomous tractors are the driverless vehicles that are remotely controlled using sensors, wireless technology, and visual systems to avoid obstacles and carry out farm operations. This new report on the autonomous tractors market in Australia and New Zealand is an essential part of the industrial automation portfolio under the fast-growing subdivision like robotics. This report aims at estimating the major trends and market drivers that induce the growth of the robotics industry.

Better coverage and remote monitoring and higher cost savings may influence the demand for autonomous tractors in Australia and New Zealand in the coming years as predicted by our market specialists. Additionally, geographies like the Australia and New Zealand are covered by this report on the autonomous tractors market in Australia and New Zealand to offer clients the scope to identify potential market opportunities and expand in niche markets.

Vendors like Yanmar, Trimble, New Holland, and AGCO are covered under this upcoming industry research report on the autonomous tractors market in Australia and New Zealand. This industry research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape.

This upcoming market research report on the autonomous tractors market in Australia and New Zealand also offers insights into the challenges faced by this industry like the high cost of components and skill gap and technology awareness. Technavio also provides insights into the sectors such as automation. Furthermore, this report also presents key insights into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.

Our market research methodology for the autonomous tractors market in Australia and New Zealand

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.