Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Agricultural Robots Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Agricultural Robots Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Agricultural
Robots Market is offered.
Market
Insights:
In accordance with the report, the Agricultural Robots
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Agricultural
Robots Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. Packaging, food and beverage, healthcare, agriculture, and construction
have all been heavily influenced by technological advancements. Consumer demand
for food is quickly increasing as a result of the ongoing demographic boom. As
a result, the agricultural business has been gradually adopting technological
solutions to increase agricultural productivity. This in turn is expected to
boost the demand for agriculture robots market in coming years. Agricultural robots are designed to do a variety of tasks,
including field farming, dairy farming, seed sorting, soil management, and
more. Over the forecast period, the global agricultural robots market is likely
to be driven by a high demand for modernised and sustainable farming practises
that create higher yields. The deployment of these agricultural robots for a
variety of purposes based on their configuration, such as fruit picking robots,
weed control, cloud seeding, harvesting, environmental monitoring, and soil
analysis, is being done with the goal of minimising human effort. Furthermore,
governments all over the world are providing subsidies and launching campaigns
to raise farmer understanding of automated technologies. For example, the
European Union has financed initiatives like GRAPE and MARS that use highly
automated technology to replace labor-intensive operations. Furthermore, a
number of known and new agricultural enterprises are investing in research and
development in order to offer a new line of agricultural robots. The high cost
of automation is a stumbling block for the market for agricultural robots. The
smaller farms do not find agriculture robots affordable. For small farms, the
cost is prohibitively high, and the return on investment is insufficient.
However, the most affordable robotics, such as auto-steering drones for small
farms, are still available. Agriculture robotics that are cost-effective are
not widely used. The agriculture business is increasingly employing
agricultural robots in order to fulfil rapidly expanding food demand and avoid
food scarcity. Indoor farming is gaining popularity due to its ability to
enhance local food supplies and provide consumers with fresh vegetables.
Agriculture Robots Market is expected to be dominated by North America.
Maintaining robot quality standards with this technique, the United States
concentrates on producing vegetables and fruits. The next-largest region with
the most shares is Asia Pacific. Agriculture is the most important market
sector. Because of the increased yield, additional labour is required. Some
robots will be adopted more widely in the regions due to their low cost. Europe
is a major location for agriculture robotics, with significant investment. Due
to increased government support for the use of modern agriculture techniques,
favourable environmental legislation, animal health, environmental conditions,
and sound agricultural practises, as well as expanding venture capital and
industrialization in the region.
Research
Methodology:
To compile
the detailed study of the global Agricultural
Robots Market,
a robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Agricultural Robots Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Agricultural
Robots Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Agricultural Robots Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Agricultural Robots Market report has been segmented By Product Type, By
Application also includes the market size and forecast for all these segments.
Compounded annual growth rates for all segments have also been provided for
2019 to 2031. This report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain.
Key Segments:
Agricultural Robots Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Agricultural
Robots Market, By Product Type, 2022-2031 (USD Million)
·
Driverless
Tractors
·
Unmanned
Aerial Vehicles (UAVs)
·
Milking
Robots
·
Automated
Harvest Robots
·
Material
Management
·
Others
(Animal Management and Forest Management)
Agricultural
Robots Market, By Application, 2022-2031 (USD Million)
·
Dairy
Management
·
Irrigation
Management
·
Harvest
Management
·
Soil
Management
·
Inventory
Management
·
Others (Field
Mapping and Pruning Management)
Agricultural
Robots Market, By Usage Type, 2022-2031 (USD Million)
·
Indoor
·
Outdoor
Report
Highlights:
The prime objective of the Agricultural
Robots Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Agricultural
Robots Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Agricultural
Robots Market:
·
AGCO
Corporation
·
AgEagle
Aerial Systems
·
AgJunction
·
Agrobot
(Spain)
·
Autonomous
Tractor Corporation
·
BouMatic
Robotics
·
Clearpath
Robotics
·
CNH
Industrial NV
·
Deepfield
Robotics
·
Deere &
Company
·
DeLaval
·
DJI
·
DroneDeploy
·
ecoRobotix
·
FFRobotics
·
Fullwood
Packo
·
Harvest
Automation
·
HARVEST CROO
·
KUBOTA
Corporation
·
Lely
·
Monarch
Tractor
·
Naïo
Technologies
·
ROBOTICS PLUS
·
Trimble Inc.
·
YANMAR Co.
·
Others
Agricultural
Robots Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market segmentation
in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.