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by randomdata 3205 days ago
> Are you saying that there is or will be insufficient competition in that market?

It think is the case. I would suggest that there are only three main players in the industry right now. And what smaller ones are out there seem to have little involvement in the kind of computer/electronics tech that would bring the automation being discussed here, but rather build simpler mechanical-focused machines.

When many of these machines can already be priced at amounts nearing $1M to buy as a farmer, I imagine the capital costs to develop that new equipment to be in the hundreds of millions, if not billions. The opportunity for a new business to build a new machine end-to-end, with that level of technology, is pretty small. It doesn't help that the market of farmers out there willing to buy these machines is also comparatively small to other markets that might appeal to someone with that skillset.

It becomes more complicated than that as not all manufactures have a strong dealership/service presence in all operating areas, so even if another manufacturer can technically offer you the same machine for less, you may not be able to consider it due to lack of reasonable service. Farm equipment breaks all the time, so service availability is an absolute necessity. That is even more important than the original purchase price.