The global precision agriculture market by application is classified as
• Guidance and monitoring systems (GIS, GNSS, and remote sensing)
• Variable rate technology
• Telematics
The global precision agriculture market is estimated to succeed in revenues of quite $9 billion by 2023, growing at a CAGR of around 16% during 2018-2023
“Telematics” may be a sort of communication technology specifically for the car industry that’s supported information or data relayed to and generated from vehicles via wireless networks.
“Tractor Telematics” refers to varied interconnected components and software installed on agriculture and construction equipment, also as trucks and other sorts of heavy equipment. These systems are designed to increase productivity, lower the cost of ownership, extend the lifespan, and generally keep track of the machinery.
Tractor Telematics is that the next giant leap within the agriculture industry because it captures real-time data from farm equipment operating during a field when integrated with farm site weather stations, moisture monitors to provide the farming community with information about their field and transfers the same to the internet or the cloud.
The telematics penetration rate in India for the year 2019 is 4% and it’s expected to grow 25% every year according to the Indian connected trucks telematics market
This system enables farmers to track and trace their machine anywhere, anytime and allows the tractor’s owner to monitor, exchange, and analyze critical information about the location and performance of their machine.
Efficient working of farm equipment within the authorized area, geofencing, fuel theft alert, battery disconnection alert, machine moving alert, fuel drop alert with live dashboard provides timely updates on ignition status (on or off) and engine status (working or idling), idling hours, machine speed, engine speed (rpm), engine oil pressure, coolant temperature, air filter, brake oil level, battery charging, and voltage, and fuel level are additional features that are helping farmers for effective and optimal utilization of resources.
Key Players of Tractor Telematics in India
- Case IH (CNH Industrial)
- Cummins Inc
- Deere & Company
- ERM Electronic Systems
- Hello Tractor
- Mahindra & Mahindra
There is a rising scope of tractor telematics in India with progress in the mobile communication industry which had made it possible to detect and determine any variable in real-time to provide fleet management solutions
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