Market Insights and Analysis: ISOBUS Component Market Overview and Projections (2024-2030)
The Global ISOBUS Component Market size was valued at around USD 713.1 million in 2023 and is estimated to grow at a CAGR of around 8.1% during the forecast period, i.e., 2024-30.
Top leading companies in the ISOBUS Component Market includes:
AMAZONEN-WERKE H. DREYER SE & Co. KG, Anedo GmbH, CLAAS KGaA mbH, CNH Industrial N.V., DEUTZ-FAHR Fendt, Deere & Company, Hexagon Agriculture, Krone NA, Inc., Kuhn Group, Kvaser, Kverneland Group, LEMKEN GmbH & Co. KG, Massey Ferguson, PÖTTINGER Landtechnik GmbH, Others
Recent Developments:
- In 2023: SDF and Deutz-Fahr partnered strategically. The expansion intends to manufacture technically sophisticated and ISOBUS-compatible tractors and agricultural equipment for Deutz-Fahr and to collaborate on SDF Smart Farming Solutions like ISOBUS.
- In 2022: Deere & Company expands its Startup Collaborator program with the addition of seven new companies (Burro, Crop. Zone, Four Growers, SeeDevice, Ucropit, ViewAR, and Yard Stick). The Startup Collaborator program would assist the company in deepening its interaction with startup companies whose technology could potentially add value to the company’s prospects in the future.
- In 2022: CNH Industrial expands its presence in India by establishing a cutting-edge Technology Center. This strategic hub is an essential component of the Company’s global R&D footprint, with a focus on Product Development and digital solutions.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product
-Hardware
–Electronic Control Unit (ECU)
–Universal Terminal
–Cables and Connectors
–Others
-Software
–Virtual Terminal
–Task Controller
–Mobile Application
–Others
- the hardware segment is expected to acquire a significant market share during the forecast period 2024-30.
By Application
-Tractor
-Planter and Seeder
-Harvesters
-Others
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ISOBUS Component Market Geographic Reach:
The Geographic Reach of the ISOBUS Component Market evaluates the spread and significance of ISOBUS Component market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: The US, Canada, Mexico
- South America: Brazil, Argentina, Rest of South America
- Europe: Germany, France, Italy, Spain, Rest of Europe
- Middle East & Africa:
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia Pacific
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