PUBLISHER: IMARC | PRODUCT CODE: 1422884
PUBLISHER: IMARC | PRODUCT CODE: 1422884
ISOBUS Component Market by Product (Hardware, Software), Application (Tractor, Planter and Seeder, Harvester, and Others), and Region 2024-2032
Abstract
The global ISOBUS component market size reached US$ 783.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,602.3 Million by 2032, exhibiting a growth rate (CAGR) of 8.03% during 2024-2032. The increasing adoption of precision farming practices, rising use of farming robots, and the growing incorporation of safety sensors represent some of the key factors driving the market.
ISOBUS is a standardized communication protocol used in the agricultural and forestry industry to connect and control machinery and equipment. It allows seamless communication between different components, such as sensors, actuators, and controllers, which enables farmers to use a single display and control system to operate their entire fleet of machinery. These ISOBUS components also facilitate farmers to automate several tasks, including controlling implements, monitoring parameters like soil moisture or temperature, and managing precision farming practices to reduce the need for manual labor and improves efficiency. ISOBUS components help collect and analyze a large amount of data like yield maps and weather data that is used to make informed decisions about planting, fertilizing, and harvesting. As it improves productivity, reduces costs, and optimizes the use of resources, the demand for ISOBUS component is escalating across the globe.
ISOBUS Component Market Trends:
At present, due to the increasing environmental conditions, governing agencies of various countries are undertaking initiatives to promote sustainable farming practices. This, coupled with the rising adoption of precision farming practices to improve plant health, crop yield, and soil properties, represents one of the major factors driving the demand for ISOBUS components around the world. Moreover, the growing adoption of farming robots that help farmers handle equipment and increase the accuracy of farming is influencing the market positively. In addition, the increasing farming activities and significant improvements in agricultural infrastructure are bolstering the growth of the market. Besides this, rapid urbanization, rising global population, declining arable land, and increasing food security concerns are propelling the growth of the market. Furthermore, the integration of telematics, a global positioning system (GPS), the internet of things (IoT), and data analytics in ISOBUS components is strengthening the growth of the market. These advanced technologies enable remote monitoring and control of equipment and track the location, performance, and maintenance needs of the equipment. Besides this, the incorporation of safety sensors and devices in ISOBUS components that allow the equipment to operate safely and efficiently and detect obstacles and automatically stop the equipment to avoid accidents is favoring the market growth. Additionally, the growing use of smartphones and increasing penetration of high speed internet connectivity is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global ISOBUS component market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product and application.
Product Insights:
Hardware
Electronic Control Unit (ECU)
Universal Terminal
Cables and Connectors
Others
Software
Virtual Terminal
Task Controller
Mobile Application
Others
The report has provided a detailed breakup and analysis of the ISOBUS component market based on the product. This includes hardware (electronic control unit (ECU), universal terminal, cables and connectors, and others) and software (virtual terminal, task controller, mobile application, and others). According to the report, hardware (electronic control unit (ECU), universal terminal, cables and connectors, and others) represented the largest segment.
Application Insights:
Tractor
Planter and Seeder
Harvester
Others
A detailed breakup and analysis of the ISOBUS component market based on the application has also been provided in the report. This includes tractor, planter and seeder, harvester, and others. According to the report, tractor accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for ISOBUS component. Some of the factors driving the North America ISOBUS component market included increasing food security concerns, rising farming activities, integration of advanced technologies, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global ISOBUS component market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include AGCO Corporation, AMAZONEN-Werke H Dreyer GmbH & Company KG, Anedo GmbH, Hexagon AB, Krone NA Inc. (Bernard Krone Holding GmbH & Co. KG), Kuhn SAS (Bucher Industries AG), Kvaser, Kverneland Group (Kubota Corporation), Pottinger Landtechnik GmbH, SDF Group, etc.
Key Questions Answered in This Report:
- How has the global ISOBUS component market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global ISOBUS component market?
- What is the impact of each driver, restraint, and opportunity on the global ISOBUS component market?
- What are the key regional markets?
- Which countries represent the most attractive ISOBUS component market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the ISOBUS component market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the ISOBUS component market?
- What is the competitive structure of the global ISOBUS component market?
- Who are the key players/companies in the global ISOBUS component market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global ISOBUS Component Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Electronic Control Unit (ECU)
- 6.1.2.2 Universal Terminal
- 6.1.2.3 Cables and Connectors
- 6.1.2.4 Others
- 6.1.3 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Virtual Terminal
- 6.2.2.2 Task Controller
- 6.2.2.3 Mobile Application
- 6.2.2.4 Others
- 6.2.3 Market Forecast
7 Market Breakup by Application
- 7.1 Tractor
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Planter and Seeder
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Harvester
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AGCO Corporation
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 AMAZONEN-Werke H Dreyer GmbH & Company KG
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Anedo GmbH
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Hexagon AB
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Krone NA Inc. (Bernard Krone Holding GmbH & Co. KG)
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Kuhn SAS (Bucher Industries AG)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Kvaser
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Kverneland Group (Kubota Corporation)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Pottinger Landtechnik GmbH
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 SDF Group
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.1 AGCO Corporation
List of Figures
- Figure 1: Global: ISOBUS Component Market: Major Drivers and Challenges
- Figure 2: Global: ISOBUS Component Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: ISOBUS Component Market: Breakup by Product (in %), 2023
- Figure 5: Global: ISOBUS Component Market: Breakup by Application (in %), 2023
- Figure 6: Global: ISOBUS Component Market: Breakup by Region (in %), 2023
- Figure 7: Global: ISOBUS Component (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: ISOBUS Component (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: ISOBUS Component (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: ISOBUS Component (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: ISOBUS Component (Tractor) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: ISOBUS Component (Tractor) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: ISOBUS Component (Planter and Seeder) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: ISOBUS Component (Planter and Seeder) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: ISOBUS Component (Harvester) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: ISOBUS Component (Harvester) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: ISOBUS Component (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: ISOBUS Component (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: North America: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: North America: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: United States: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: United States: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Canada: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Canada: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Asia-Pacific: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Asia-Pacific: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: China: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: China: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Japan: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Japan: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: India: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: India: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: South Korea: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: South Korea: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Australia: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Australia: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Indonesia: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Indonesia: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Others: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Others: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Europe: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Europe: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Germany: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Germany: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: France: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: France: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: United Kingdom: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: United Kingdom: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Italy: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Italy: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Spain: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Spain: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Russia: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Russia: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Latin America: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Latin America: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Brazil: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Brazil: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Mexico: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Mexico: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Middle East and Africa: ISOBUS Component Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Middle East and Africa: ISOBUS Component Market: Breakup by Country (in %), 2023
- Figure 67: Middle East and Africa: ISOBUS Component Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Global: ISOBUS Component Industry: Drivers, Restraints, and Opportunities
- Figure 69: Global: ISOBUS Component Industry: Value Chain Analysis
- Figure 70: Global: ISOBUS Component Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: ISOBUS Component Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: ISOBUS Component Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: ISOBUS Component Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: ISOBUS Component Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: ISOBUS Component Market: Competitive Structure
- Table 6: Global: ISOBUS Component Market: Key Players
