Global Autonomous Tractors Market Size & Outlook
The autonomous tractors industry worldwide is expected to reach a projected revenue of US$ 4,216.6 million by 2030. A compound annual growth rate of 14% is expected of the worldwide autonomous tractors industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,682.2
Forecast, 2030 (US$M)
$4,216.6
CAGR, 2024 - 2030
14%
Report Coverage
Worldwide
Global autonomous tractors market, 2018-2030 (US$M)
Global autonomous tractors market highlights
- The global autonomous tractors market generated a revenue of USD 1,682.2 million in 2023 and is expected to reach USD 4,216.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14% by 2030.
- In terms of segment, less than 40 hp accounted for a revenue of USD 1,682.2 million in 2023.
- Less than 40 HP is the most lucrative power output segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,682.2 million |
| Market revenue in 2030 | USD 4,216.6 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Less than 40 hp |
| Fastest growing segment | Less than 40 HP |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 40 HP |
Other key industry trends
- In terms of revenue, the North America accounted for 38.2% of the global autonomous tractors market in 2023.
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Autonomous Tractors Market Scope
Autonomous tractors market segmentation & scope
Automation
Partially Autonomous
Fully Autonomous
Application
Tillage
Harvesting
Planting & Seeding
Others
Farming Type
Field Farming
Horticulture
Dairy Farming & Live Stock Management
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
South Africa
UAE
Autonomous Tractors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global autonomous tractors market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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