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MENDEZ, ALEXANDER B.

02/20/2024
SWOT ANALYSIS for Farm Tractor & Harvester

STRENGTHS WEAKNESSES

1. High power and torque for heavy-duty tasks. 1. Initial high cost of purchase.
2. Versatile attachments for various 2. Maintenance and repair expenses can be
agricultural operations. significant.
3. Efficient fuel consumption for long working 3. Limited speed compared to other vehicles.
hours. 4. Size and weight may pose challenges in
4. Durable construction to withstand tight spaces.
challenging field conditions. 5. Environmental impact due to fuel
5. Enhanced traction and stability on uneven consumption.
terrain. 6. High upfront investment cost.
6. Efficient harvesting of crops in large 7. Maintenance and repair costs can be
quantities. substantial.
7. Integration of advanced harvesting 8. Specialization limits usage to specific crops.
technologies. 9. Size and mobility challenges in smaller
8. Reduced manual labor and increased fields.
productivity. 10. Dependence on weather conditions for
9. Versatility in handling various crop types. optimal operation.
10. Enhanced automation for precise and
consistent results.

OPPORTUNITIES THREATS

1. Integration of advanced technologies for 1. Competition from alternative farm


precision farming. equipment technologies.
2. Sustainable fuel alternatives for eco-friendly 2. Fluctuating fuel prices affecting operating
operation. costs.
3. Customization options to cater to specific 3. Regulatory changes impacting emissions
farming needs. standards.
4. Expansion into emerging markets with 4. Economic downturns affecting farmers'
increasing mechanization. purchasing power.
5. Collaborations with technology companies 5. Rapid advancements in autonomous
for smart farming solutions. farming technology.
6. Continuous improvement in harvesting 6. Competition from alternative harvesting
technologies. methods.
7. Customization options for different crop 7. Economic downturns affecting agricultural
varieties. investments.
8. Collaboration with precision agriculture for 8. Regulatory changes impacting emissions
data-driven harvesting. and safety standards.
9. Global market expansion as mechanization 9. Rapid technological advancements leading
increases. to obsolescence.
10. Adoption of sustainable practices for 10. Adverse weather conditions affecting
eco-friendly harvesters. harvest timing and efficiency.

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