Market Research Firm: Autonomous Tractor Segment To Grow 25% By 2030

The latest study released on the Global Autonomous Tractors market by USD Analytics evaluates market size, trend, and forecasts uptake to 2030.

Companies such as Monarch Tractor are already trying to establish a toe hold. Its MK-V tractors have been used in California wineries since 2020. The fully electric, autonomous tractors feature 10 hours of runtime, 70 peak hp, 40 hp continuous, and twice the torque of a comparable conventional tractor.
Companies such as Monarch Tractor are already trying to establish a toe hold. Its MK-V tractors have been used in California wineries since 2020. The fully electric, autonomous tractors feature 10 hours of runtime, 70 peak hp, 40 hp continuous, and twice the torque of a comparable conventional tractor.
(Monarch Tractor)

A recent market research report from USD Analytics says that the global autonomous farm tractor market is set to grow by 25% between the years 2024 to 2030.

The report indentifies John Deere, Kubota, CNH Industrial, AGCO, Yanmar, Fendt, Mahindra, Escorts, Trimble, Raven Industries, Topcon, and Autonomous Solutions as “key market players” in the report.

It defines autonomous tractors as “self-driving tractors that use AI and GPS technology to perform farming tasks without human intervention, enhancing agricultural productivity.”

The report also indentifies North America and Europe as the two primary markets for autonomous tractor technologies, with Latin-America and Asia-Pacific as its “fastest growing regions.”

To request a sample copy of the full report, click here.

Your Next Read: Autonomy in Farming: What Manufacturers and Tech Companies Are Working On

AgWeb-Logo crop
Related Stories
August auctions feature late-model John Deere equipment from Iowa to Illinois, including a 104-year-old farmer’s low-hour fleet.
Greenwing AI says its first agricultural intelligence alert shows how satellite-based monitoring could detect crop stress before it is visible in the field.
Detailed service history helps 2,546-hour combine top $99,000 at Minnesota auction.
Read Next
Senate Ag Committee’s 10-11 farm bill vote stalls the legislation, but a bipartisan 17-6 vote on mandatory country-of-original labeling keeps mandatory beef labeling alive for a potential September revote.
Get News Daily
Get Market Alerts
Get News & Markets App