Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Agriculture
Robot Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Agriculture Robot Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Agriculture Robot Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Agriculture Robot Market is offered. In accordance
with the report, the global Agriculture Robot Market is projected to expand at
a CAGR of 20.70 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Agriculture
Robot Market is expected to grow at the highest CAGR in the forecast period. It
is a system that consists of an end effector, manipulator & gripper
designed to supersede human labor. Agriculture Robot is gaining a hold amongst
famers due to their constant need of producing food products efficiently and
ensuring sustainability.
Shortage of
farmers and laborers and an increasing need for automation of various processes
in agriculture industry are the major drivers for the growth of global Agriculture
Robot market. A lot of companies are
adopting a leasing model for the farmers, to give initial setup advice and test
the robotic equipment to decide if they are a right match to cater to their
requirements. This helps the farmers to calculate the Return on Investments
(ROI), before purchasing equipment such as drones, harvest robots, driverless
tractors etc. which are very high on cost. This is also considered to be an
important factor in the penetration of agriculture robots globally thus
increasing the demand of the market. At present, government of various
countries have been supporting the agricultural initiatives with regards to
automation. There has been a rapid growth in population which will lead to
higher demand for food supply. Additionally, weather uncertainties and
popularity of indoor farming are factors that will further boost the Global
Agriculture Robot Market in the forecast period.
However, there
is huge amount of capital investment required for Robot farming which can act
as a major hindrance for the growth of Agriculture Robot farming. Even though
there is an increasing awareness of such equipment globally, there is still
ignorance and lack of technical knowledge, prevalent in certain regions. This
is another limitation for the growth of this market in the forecast period.
There is an
increased penetration of automated equipment used for farming and associated
technological development in the United States, making it the region with highest
share of Agriculture Robot market.
Segment Covered:
This market
intelligence report on the global Agriculture Robot Market encompasses market
segments based on product type, application, farm produce, offering and country/regions.
In terms of type, the global Agriculture
Robot Market is segregated
into:
§ Indoor Robots
ü Milking Robots
ü Plant Handling Robots
ü Fruit Harvesting Robots
§ Outdoor Robots
ü Unmanned Aerial Vehicle
Ø Fixed wing
Ø Rotary Blade
Ø Hybrid
ü Drones
ü Autonomous Tractors equipped with GPS (Driverless
tractors)
§ Others
ü Spraying Robots
ü Robots for Nurseries
ü Sorting & Packing
ü Weed Control Robot
By application, the global Agriculture Robot Market is also classified into:
§ Inventory Management
§ Field Farming
ü Crop Monitoring
ü Plant Counting
ü Crop Scouting
§ Soil Management
ü Moisture Monitoring
ü Nutrient Monitoring
§ Harvest Management
§ Irrigation Management
§ Dairy & Livestock Management
ü Dairy Farm Management
ü Livestock Monitoring
ü Precision Fish Farming
§ Weather Tracking and Forecasting
§ Pruning Management
§ Spraying Robots
§ Field Mapping Robots
§ Organic Farming
§ Fresh Fruit Harvesting
§ Crop Protection
§ Seeding
§ Nurseries
§ Data Mapping
§ Others
ü Financial Management
ü Farm Labor Management
ü Demand Forecasting
ü Forestry Management
By farm produce, the global Agriculture Robot Market is also classified into:
§ Fruits & Vegetables
§ Field Crops
§ Livestock
§ Others
ü Flowers
ü Aquaculture
By offering, the global Agriculture Robot Market is also classified into:
§ Hardware
ü Automation & Control Systems
Ø Display
Ø Guidance, Steering & Application Control Device
Ø GPS / GNSS Systems
Ø Cameras
v Multispectral Cameras
v Infrared Cameras
v Thermal Cameras
v LiDAR Camers
v High – Resolution Camers
Ø Mobile Devices / Handheld Computers
Ø Flow & Application Control Devices
ü Sensing & Monitoring Devices
Ø Yield Monitors
Ø Soil Sensor
v Nutrients Sensor
v Moisture Sensor
v Temperature Sensor
Ø Water Sensors
Ø Climate Sensors
§ Software
ü Cloud Based
ü Local/Web Based
§ Services
ü Consulting and system integration
ü Connectivity Services
ü Assisted Professional Services
Ø Supply Chain Management Services
Ø Climate Information Services
ü Support & Maintenance Services
ü Managed Services
Ø Data Services
Ø Analytics Services
Ø Farm Operation Services
By country/region, the global Agriculture Robot Market has been divided into:
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Lely Holdings
§ Harvest Automation
§ DeLaval
§ Clearpath Robotics
§ Autonomous Tractor Corporation
§ Deepfield Robotics
§ GEA Group
§ John Deere
§ Naio Technologies
§ PrecisionHawk Inc.
§ SenseFly Sa
§ DJI
§ Agribotix LLC
§ AG Leader Technology
§ Trimble Inc.
§ Yamaha Motor Company
§ BouMatic Robotics
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Agriculture Robot related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Agriculture Robot Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world of Agriculture Robot Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Lely, Harvest
Automation, DeLaval, Clearpath Robotics, Autonomous Solutions Inc., AGCO,
Autonomous Tractor Corporation, Deepfield Robotics, GEA Group, John Deere, Naio
Technologies, PrecisionHawk Inc.,SenseFly SA, DJI, Agrobotix LLC, AG Leader
Technology, Trimble Inc., Yamaha Motor Company, BouMatic Robotics and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Agriculture
Robot Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Agriculture
Robot Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Agriculture Robot Market
v
Identification
of key factors driving investment opportunities in the Agriculture Robot Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants