The global agricultural robotics market size reached USD 4.81 Billion in 2021 and is expected to register a revenue CAGR of 19.3% during the forecast period. Rising demand for modernized farming processes and expanding population and increasing labor shortage are encouraging automation and are some of the key factors driving market revenue growth.
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
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Key companies operating in the Agricultural Robotics market include:
Deere Company, Trimble Inc, AGCO Corporation, Lely Industries N.V., AgEagle Aerial Systems Inc., Agribotix LLC, AGROBOT, Harvest Automation, Naio Technologies, and IBM Corporation
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Agricultural Robotics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Agricultural Robotics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Agricultural Robotics Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Milking Robots
- Unmanned Aerial Vehicles (UAVs) / Drones
- Driverless Tractors
- Automated Harvesting System
- Others
Farming Environment Outlook (Revenue, USD Billion; 2019–2030)
- Indoor
- Outdoor
Farm Produce Outlook (Revenue, USD Billion; 2019–2030)
- Field Crops
- Fruits and Vegetables
- Dairy and Livestock
- Others
Agricultural Robotics Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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