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ISOBUS Component Market to be Driven by the Need to Resolve the Inter-Implement Incompatibility
The ISOBUS component market is segmented into regions including North America, South America, Europe, China, U.K., Middle East and Africa, and Asia-Pacific.
By: BIS Research
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With the increased acceptance of ISOBUS standard in the agricultural equipment industry, synergistic partnerships have increased among the leading agricultural equipment manufacturers. Since ISOBUS component offers the capability of using two agricultural equipment from two different manufacturers;
The global ISOBUS component market is expected to grow more in the coming years with increasing emphasis on smart farming and increased government initiatives throughout the world for uplifting the global agricultural industry. Some of the leading companies operating in the global ISOBUS component market are AMAZONEN-WERKE H. DREYER SE & Co. KG, Anedo GmbH, Class Group, CNH Industrial N.V., DEUTZ-FAHR, Fendt, Deere and Company, Hexagon Agriculture, Krone NA, Inc., Kuhn Group, Kvaser, Kverneland Group, LEMKEN GmbH & Co. KG, Massey Ferguson, and PÖTTINGER Landtechnik GmbH.
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North America, Europe, and Asia-Pacific, and Japan region are expected to dominate the global ISOBUS component market in the coming years. The high agricultural growth in these regions, along with the increased emphasis on smart farming and digitization in agriculture, is expected to boost the development of ISOBUS in these regions.