North America Autonomous Farm Equipment Market Size & Outlook
North America autonomous farm equipment market highlights
- The North America autonomous farm equipment market generated a revenue of USD 4,315.7 million in 2023.
- The market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, tractors was the largest revenue generating product in 2023.
- Tractors is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 4,315.7 million |
| Market revenue in 2030 | USD 9,943.4 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Tractors |
| Fastest growing segment | Tractors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tractors |
| Key market players worldwide | Deere & Co, CNH Industrial NV, AGCO Corporation, Kubota Corp, CLAAS, Yanmar, Raven Industries, Naïo Technologies, AgEagle Aerial Systems Inc, Mahindra & Mahindra Ltd DR, Agrobot |
Other key industry trends
- In terms of revenue, North America region accounted for 34.7% of the global autonomous farm equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,997.6 million by 2030.
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Autonomous Farm Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Agrobot | View profile | 1-10 | La Palma Del Condado, Andalucia, Spain, Europe | http://agrobot.com/ |
| Naïo Technologies | View profile | 51-100 | Escalquens, Midi-Pyrenees, France, Europe | http://www.naio-technologies.com |
| Raven Industries | View profile | 1001-5000 | Sioux Falls, South Dakota, United States, North America | http://ravenind.com |
| Yanmar | View profile | 1001-5000 | Adairsville, Georgia, United States, North America | http://yanmar.com |
| AGCO Corporation | View profile | 10001+ | Beloit, Kansas, United States, North America | https://www.sunflowermfg.com/ |
| CLAAS | View profile | 10001+ | Harsewinkel, Nordrhein-Westfalen, Germany, Europe | https://claas-gruppe.com |
| Kubota Corp | View profile | 65532 | 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, Japan, 556-8601 | http://www.kubota.co.jp |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| AgEagle Aerial Systems Inc | View profile | 66 | 8201 E. 34th Street North, Suite 1307, Wichita, KS, United States, 67226 | https://www.ageagle.com |
| CNH Industrial NV | View profile | 40496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | https://www.cnhindustrial.com |
| Deere & Co | View profile | 83000 | One John Deere Place, Moline, IL, United States, 61265 | https://www.deere.com |
North America autonomous farm equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to autonomous farm equipment market will help companies and investors design strategic landscapes.
Tractors was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America autonomous farm equipment market based on tractors covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of autonomous farm equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America autonomous farm equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America autonomous farm equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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