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New York, July 1, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of “Global Autonomous Tractor Market-Growth, Trends, COVID-19 Impact and Forecast (2021-2026)”- https://www.reportlinker.com/p06101226/?utm_source=GNW
Due to travel restrictions, production delays and supply disruptions, sales of the tractor business in 2019-2020 have fallen sharply.
As the price of agricultural labor has risen, agricultural labor has decreased. Farmers are increasingly using agricultural mechanization to replace manual labor, which is a more cost-effective, more accessible and more effective way of agricultural operations. Tractors are the main source of power to drive agricultural machinery.
Semi-autonomous systems operate independently enough within a reasonable distance, and farmers can intervene if any problems arise, so they are more realistic than fully autonomous devices. Because there are operators on agricultural vehicles, the safety of this semi-automatic system can be easily guaranteed without introducing expensive sensors and complex sensor fusion algorithms, so it is most suitable for farmers to buy, especially in development. Economy.
North America and the Asia-Pacific region are considered to be the fastest-growing markets, and companies located in these regions are increasingly launching new automated tractors on the market, thus occupying a dominant market position with faster innovation and product launches.
Main market trends
Agricultural labor shortage and reduction of arable land
Due to the decrease in agricultural labor, the price of agricultural labor has risen. …
The full story on Benzinga.com
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