Global Agricultural Robots Market is Expected to Reach $27.35 Billion by 2027.
GAITHERSBURG, Md., July 29, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Agricultural Robots Market is accounted for $6.03 billion in 2019 and is expected to reach $27.35 billion by 2027 growing at a CAGR of 20.8% during the forecast period.
Some of the key players in Agricultural Robots Market include Kubota Corporation, Deere & Company, Cnh Industrial N.V., Agco Corporation, Harvest Automation, Agjunction, Ageagle Aerial Systems, Harvest Croo, Topcon Positioning System, Deepfield Robotics, Autonomous Tractor Corporation, Boumatic Robotics, Robotics Plus, Yanmar Co, Naïo Technologies, Ecorobotix, Trimble, and Delaval.
Some of the key factors propelling the market growth are growing population and labor shortage. However, technological barriers are the restraining factors for the growth of the market.
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Equipment used in farming to improve productivity and reduce dependence on manual labor is known as an agricultural robot. These robots help automate tasks carried out by the farmers, thus allowing them to focus more on enhancing overall production yield.
By type, the unmanned aerial vehicles (UAVs)/drones segment is expected to grow at a significant market share during the forecast period which is attributed to its low cost when compared to other types of robots.
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Based on geography, North America is anticipated to hold considerable market share during the forecast period owing to the increasing agricultural automation in the major economies like the U.S and Canada.
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Offerings Covered:
- Hardware
- Software
- Services
Farming Environments Covered:
- Indoor
- Outdoor
Types Covered:
- Spraying Robots
- Milking Robots
- Endpoint Protection
- Material Management
- Behaviour-Based Robotics
- Automated Harvesting Systems
- Unmanned Aerial Vehicles (UAVs)/Drones
- Driverless Tractors
- Other Types
Farm Produces Covered:
- Field Crops
- Fruits & Vegetables
- Other Farm Produces
Technologies Covered:
- Computer Vision
- Communication
Applications Covered:
- Dairy & Livestock Management
- Irrigation Management
- Wildlife Conservation
- Field Farming
- Harvest Management
- Weather Tracking & Monitoring
- Soil Management
- Inventory Management
- Pruning & Thinning Management
- Phenotyping
- Autonomous Mowing
- Grafting
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
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Email: [email protected]
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
SOURCE Stratistics Market Research Consulting Pvt Ltd
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