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Autonomous Harvester Market Share

Report ID: GMI10476
Published Date: Jul 2024
Report Format: PDF

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Autonomous Harvester Market Share

CNH Industrial and Deere & Company hold a market share of around 15% in 2023 in the autonomous harvester industry. CNH Industrial focuses on collaborations and joint ventures with technology companies and research institutions to optimize their autonomous technology capabilities. These partnerships enable the company to leverage external expertise and speed up the development of autonomous farming solutions, keeping them competitive in the market.

Deere & Company places a strong emphasis on technological innovation and invests heavily in research and development to create cutting-edge autonomous and precision agriculture technologies. By continually enhancing their product offerings with advanced features such as ML, AI, and IoT, the company ensures they remain at the forefront of the market.

Autonomous Harvester Market Companies

Major players operating in the market are:

AGCO Corporation
CLAAS KGaA mbH
CNH Industrial
Deere & Company
Deutz-Fahr (SDF Group)
Harvest CROO Robotics
Kubota Corporation
Mahindra & Mahindra Ltd.
Raven Industries
Yanmar Co. Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The industry size for autonomous harvester size was valued at USD 1.5 billion in 2023 and is anticipated to witness 12% CAGR between 2024 and 2032 attributed to the significant shortage of skilled labor in the agricultural sector.

The semi-autonomous level of automation segment accounted for over 50% of the autonomous harvester industry share in 2023 and is expected to reach USD 1.8 billion by 2032 due to their accessibility to a wider range of farmers including small and medium-sized farms

The grains & cereals crop type segment held 44% of the autonomous harvester market share in 2023 owing to higher adoption to collect valuable data on yield, moisture content, and field conditions.

North America held over 35% of the global industry share in 2023 led by hefty investments in R&D to develop cutting-edge autonomous farming equipment.