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Smart Crop Mobility Market Share

Report ID: GMI11843
Published Date: Oct 2024
Report Format: PDF

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Smart Crop Mobility Market Share

Smart Crop Mobility Market Company Share, 2023

CNH Industrial, AGCO Corporation, and Raven Industries collectively held a substantial market share of over 15% in the smart crop mobility industry in 2023. CNH, through its Case IH and New Holland Agriculture brands, has significantly invested in precision agriculture technologies. Their products leverage IoT, GPS, and data analytics to enhance crop management, soil quality, and resource utilization. CNH's digital solutions include AGXTEND for precision farming and PLM Connect for remote farming operations access via mobile and web interfaces. These platforms enable farmers to control machinery, optimize fieldwork, and improve decision-making through data insights.

AGCO's strategy focuses on the Fuse Technologies platform, which integrates precision agriculture tools to optimize planting, crop protection, and harvesting. Fuse's open architecture system allows compatibility with other platforms and equipment, offering greater flexibility. AGCO's AgCommand system supports real-time monitoring of equipment performance and field operations. Their investment in cloud-based technologies ensures seamless data exchange and analysis.

Raven has developed autonomous driving systems for farming machinery with OmniDrive and AutoCart technologies, automating equipment operations to reduce labor costs and increase efficiency. Raven’s Hawkeye 2 Nozzle Control System ensures precise chemical application, reducing waste and optimizing resource use. These technologies are crucial for increasing yield and minimizing environmental impact.

Smart Crop Mobility Market Companies

Major players operating in the smart crop mobility industry are:

Ag Leader Technology
AGCO
AgEagle Aerial Systems
Biz4Intellia
Blue River Technology
CNH Industrial
Deere & Company
Raven Industries
Syngenta
Yara

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market size for smart crop mobility was valued at USD 4.3 billion in 2023 and is projected to reach USD 13.2 billion by 2032, driven by a CAGR of 13.6% from 2024 to 2032.

Autonomous tractors accounted for over 30% of the market share in 2023, driven by their role in revolutionizing precision agriculture with enhanced accuracy in farming operations.

The U.S. market accounted for over 85% of the North American market share in 2023, driven by the shift towards Robotics-as-a-Service (RaaS) models in the agricultural sector.

Major players in the industry include Ag Leader Technology, AGCO, AgEagle Aerial Systems, Biz4Intellia, Blue River Technology, CNH Industrial, Deere & Company, Raven Industries, Syngenta, and Yara.