Autonomous Farm Equipment Global Strategic Industry Report 2024: Market to Reach $231.8 Billion by 2030 - Rise of Smart Agriculture Sets the Stage for Adoption, GPS Emerge to Be Indispensa...
AGCO Corporation (AGCO)
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Source: Yahoo! Finance
Global Autonomous Farm Equipment Market to Reach $231.8 Billion by 2030 The global market for Autonomous Farm Equipment estimated at US$89.4 Billion in the year 2023, is projected to reach a revised size of US$231.8 Billion by 2030, growing at a CAGR of 12.7% over the analysis period 2023-2030. The market is characterized by strong competition, with players categorized based on their market presence. Recent market activity underscores ongoing developments and advancements in autonomous farming technologies. Key market trends and drivers include the growing global population, rising concerns about food security, and the long-term focus on mechanized farm equipment to meet the challenges of feeding a growing population sustainably. Partially Autonomous Farm Equipment, one of the segments analyzed in the report, is projected to record 11.4% CAGR and reach US$142.1 Billion by the end of the analysis period. Growth in the Fully Autonomous Farm Equipment segment is estimated at 15% C
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- International Markets and Agco (AGCO): A Deep Dive for Investors [Yahoo! Finance]Yahoo! Finance
- AGCO Corp (AGCO) Tops Q1 Earnings Estimates, Lowers '24 View [Yahoo! Finance]Yahoo! Finance
- AGCO Co. (NYSE: AGCO) had its price target lowered by analysts at JPMorgan Chase & Co. from $150.00 to $135.00. They now have an "overweight" rating on the stock.MarketBeat
- AGCO Corporation (NYSE:AGCO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- GPS navigation maker Trimble forecasts downbeat quarterly results [Reuters]Reuters
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- 5/2/24 - Beat
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- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 5/1/24 - Form 8-K
- AGCO's page on the SEC website