Global ISOBUS Component

Global ISOBUS Component Market Research Report: Forecast (2022-2027)

By Product (Hardware (Electronic Control Unit (ECU), Universal Terminal, Cables & Connectors, Others), Software (Virtual Terminal, Task Controller, Mobile Application, Others)), By Application (Tracto Read more

  • Environment
  • Oct 2022
  • 189
  • ET55028

Market Definition

ISOBUS is an agricultural communication protocol that is governed by the International Organization of Standardization (ISO) and the Agriculture Industry Electronics Foundation. It is based on the SA J1939 protocol (AEF). The standard serves as the foundation for embedded software designed to achieve data transfer and communication interoperability among various agricultural implements such as sensors, actuators, control units, cloud servers, and display units, whether mounted or integrated into the tractor.

The regional connectivity achieved with ISOBUS equipment has been critical in implementing technological services that will enhance field productivity and efficiency. During the forecast period, the global ISOBUS component market is expected to grow to foster the use of smart farming technologies in the agricultural industry.

Market Insights

The Global ISOBUS Component Market is expected to grow at a CAGR of around 10.08% during 2022-2027. The rising demand to resolve incompatibility issues between different agri-equipment manufactured by different companies is primarily responsible for market growth. Agricultural fields necessitate a variety of crop cultivation equipment, such as tractors, harvesters, and seed planters, which are manufactured by various companies. Furthermore, operating the agri-equipment of the 'X' company with the agri-equipment of the 'Y' company was previously not viable, therefore proving to be time-consuming and pricey.

Furthermore, the use of ISOBUS components in agricultural machinery allows for the use of two or more pieces of equipment from different manufacturers at the same time. ISOBUS supports the inclusion of a 'Virtual Terminal,' which enables the operator to manage multiple Agri-equipment units at the same time. This reduced agricultural farmers' operating costs & provide real-time statistics for improved crop cultivation.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 10.08%
Regions Covered 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
Key Companies Profiled

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

Unit Denominations USD Million/Billion

 

Key Trend in the Global ISOBUS Component Market

ISOBUS is a remarkable invisible feature of agricultural mechanization. The new IT systems installed on tractors and farm implements allow for complete management and control of all work phases in the agriculture industry. A strong invisible network now rules agriculture, and most farmers are inclined toward smart farming, which is trending globally. Electronics in tractors and other machinery and equipment are revolutionizing agricultural operations by managing machines and connecting the operator to mechanical methods.

Technologies like TIM and Tractor-Implement Management enable not only the operator to be alerted to any anomalies or deformations in the project course, but also to seize command of the tractor with specific instructions for speed and movement of operation. The wireless system can also connect many machines including operational ones in the field for optimizing movements and management, as well as harmonizing work performed by the lead machine and complementary implements that do not require a controller.

Furthermore, connections between agricultural machinery and a home computer or smartphone enable remote crop operation control, whilst highly developed Internet systems (Internet of things) can sensibly incorporate information gained from machines and equipment and data produced by field sensors. As a result of these advancements & the use of smart technologies in the agriculture industry, would upsurge the growth of the Global ISOBUS Components market in the coming years.

Impact of COVID-19 on the Global ISOBUS Component Market

During 2020, the COVID pandemic negatively impacted the revenue of the global ISOBUS component market, owing to the global lockdown and import bans from and within the countries to minimize the death rates caused by the spread of coronavirus. Moreover, the temporary shutdown of agri-equipment manufacturing units, a slowdown of agriculture activities, and a decline in the disposable income of manufacturing firms and individual investors led to a reduction in the demand for ISOBUS components globally. Besides, a significant shift has been seen after the upliftment of the restrictions & the imposed bans, as the market starts to function again and would gradually pick up the pace in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Global ISOBUS Component Market
  4. Global ISOBUS Component Market Trends & Insights
  5. Global ISOBUS Component Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  6. Global ISOBUS Component Market Regulations & Policy
  7. Global ISOBUS Component Market Supply Chain Analysis
  8. Global ISOBUS Component Market Patents & Intellectual Property Rights Analysis
  9. Global ISOBUS Component Market Hotspots & Opportunities
  10. Global ISOBUS Component Market Government Initiatives Landscape
  11. Global ISOBUS Component Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
        1. Tractor
        2. Planter and Seeder
        3. Harvesters
        4. Others
      2. By Product
        1. Hardware
          1. Electronic Control Unit (ECU)
          2. Universal Terminal
          3. Cables and Connectors
          4. Others
        2. Software
          1. Virtual Terminal
          2. Task Controller
          3. Mobile Application
          4. Others
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      4. By Company
        1. Competition Characteristics
        2. Revenue Shares
        3. Competitor Placement in MarkNtel Quadrant
  12. North America ISOBUS Component Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Product
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    4. Canada ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    5. Mexico ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
  13. South America ISOBUS Component Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Product
      3. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    4. Argentina ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    5. Rest of South America ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
  14. Europe ISOBUS Component Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Product
      3. By Country
        1. Germany
        2. France
        3. Italy
        4. Spain
        5. Rest of Europe
    3. Germany ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    4. France ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    5. Italy ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    6. Spain ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    7. Rest of Europe ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
  15. Middle East & Africa ISOBUS Component Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Product
    3. Middle East ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    4. Africa ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
  16. Asia Pacific ISOBUS Component Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Product
      3. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia Pacific
    3. China ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    4. India ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    5. Japan ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    6. South Korea ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    7. Australia ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
    8. Rest of Asia Pacific ISOBUS Component Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
  17. Global ISOBUS Component Market Key Strategic Imperatives for Success & Growth
  18. Competition Matrix
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profile (Business Description, Product Segment, Business Segment, Financials, Strategic Alliances or Partnerships, Future Plans)
      1. AMAZONEN-WERKE H. DREYER SE & Co. KG
      2. Anedo GmbH
      3. CLAAS KGaA mbH
      4. CNH Industrial N.V.
      5. DEUTZ-FAHR
      6. Fendt
      7. Deere & Company
      8. Hexagon Agriculture
      9. Krone NA, Inc.
      10. Kuhn Group
      11. Kvaser
      12. Kverneland Group
      13. LEMKEN GmbH & Co. KG
      14. Massey Ferguson
      15. PÖTTINGER Landtechnik GmbH
      16. Others
  19. Disclaimer
ISOBUS Component Market Segmentation
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