The Global Agricultural Robotics Market size was USD 4.99 Billion in 2022 and is expected to register revenue CAGR of 19.8% during the forecast period 2023 – 2032.
Agricultural robots, often known as agribots, are one of the most recent agricultural advancements. They are autonomous machines that are used to boost production by enhancing output quality and efficiency while reducing the need for manual labor. For a variety of horticultural tasks like weed control, seeding and planting, aerial data collection, field mapping, fertilizing and irrigation, intercultural operations, harvesting, soil analysis, and environmental monitoring, agricultural robots are typically outfitted with end effectors or specialized arms. In addition, these robots are used in the dairy farming sector to wash and milk cows.
The Global “Agriculture Robotics Market” Research report give detailed information with reference to market size, share, trends, growth, cost revenue, capacity, and forecast till 2032. This report also contains the general and in-depth study of the Agriculture Robotics market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Agriculture Robotics market and provides information for developing strategies to expand the market growth and effectiveness.
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Top Leading Companies of Global Agriculture Robotics Market are – AGCO Corporation, Agribotix, AgEagle Aerial Systems, Autonomous Tractor, Deere & Company, BouMatic Robotics, Harvest Automation, Precision Hawk, Yamaha Motor Corporation, and others.
Industry News and Updates:
August 5, 2021: John Deere Acquires Bear Flag Robotics to Accelerate Autonomous Technology on the Farm
Deere & Company (NYSE: DE) has signed a definitive agreement to acquire Bear Flag Robotics for $250 million USD. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines. The deal accelerates the development and delivery of automation and autonomy on the farm and supports John Deere’s long-term strategy to create smarter machines with advanced technology to support individual customer needs.
Food demand is increasing rapidly as the world’s population grows. Because of this, farmers are turning to more contemporary tools and machinery, such agricultural robots, to boost their overall production and enhance their income. Additionally, governments all over the world are launching campaigns and providing subsidies to raise awareness of automated technologies among farmers. For instance, the European Union has supported initiatives like GRAPE and MARS to substitute cutting-edge automated technologies for labor-intensive occupations. Additionally, a number of existing and emerging agricultural businesses are investing in R&D projects to bring a cutting-edge selection of agricultural robots to market.
North America is anticipated to be the industry leader in agricultural robotics. Many farmers in this region are investing in farm tractors with self-driving capabilities. The North American market is investing more money in technology and becoming more proficient at automating processes. People also believe that the market for agricultural robots in North America is significantly influenced by government initiatives to support agriculture.
Scope Of the Report:
The Agriculture Robotics Market is divided based on the product portfolio, application domain, and regional distribution. Market share, growth rate, and valuation information are also given for each industry, area, and nation. Additionally, the research includes future trends, stumbling blocks, and motivating elements that are expected to promote revenue input by category and area during the following few years.
Drivers and Restraints:
The Agriculture Robotics Market drivers were acknowledged for their ability to describe how their efforts will affect the market’s overall growth over the forecast period. A comprehensive assessment of the relevance of the driving forces and potential obstructions that market participants may face in the Agriculture Robotics Market is performed in order to predict anticipated future developments in the sector. The constraints of the Agriculture Robotics Market could highlight issues that might impede the development of the conventional market. Understanding the negative aspects of the Agriculture Robotics Market should enable businesses to broaden their approaches to issue solving, increasing their capacity to upend the pessimistic outlook.
The Agriculture Robotics Market Research Report also offers opportunities that business owners may take advantage of by applying the appropriate strategies. The study’s prospects help stakeholders and report buyers make wise investment decisions and increase their profitability.
On the Basis of Types, the Global Agriculture Robotics Market is segmented into: –
Automated Harvesting Machine
On the Basis of Application, the Global Agriculture Robotics Market is segmented into: –
The report’s primary insights into various regions and the major companies involved in each one are provided in this section. When evaluating a region’s or country’s growth, economic, social, environmental, technological, and political issues have all been taken into account. Additionally, each country’s and region’s revenue and sales information for the years 2018 through 2029 will be made available to readers.
The market has been divided into four key regions: North America, Europe, Asia-Pacific, and South America. The regional part will include a thorough analysis of important nations like the United States, Germany, the United Kingdom, Italy, France, China, Japan, South Korea, Southeast Asia, and India. Data will be provided for the market estimations using 2022 as the base year, followed by estimates for 2023 and a forecast value for 2029.
COVID-19 and Russia-Ukraine War (2022) Influence Analysis:
The section’s readers will understand how the Agriculture Robotics market scenario altered around the world during the pandemic, post-pandemic, and Russia-Ukraine War. The analysis is conducted with changes in demand, consumption, transportation, consumer behavior, supply chain management, export and import, and manufacturing in mind. The essential elements that will assist players find chances and stabilize the business as a whole in the upcoming years have also been underlined by the industry experts.
The impact of the Agriculture Robotics market report:
– Comprehensive assessment of all opportunities and risk in the Agriculture Robotics market.
– Agriculture Robotics market recent innovations and major events.
– Detailed study of business strategies for growth of the Agriculture Robotics market-leading players.
– Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.
– In-depth understanding of Agriculture Robotics market-particular drivers, constraints and major micro markets.
– Favourable impression inside vital technological and market latest trends striking the Agriculture Robotics market.
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Some of the important features of the report:
– Detailed overview of the Agriculture Robotics market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Agriculture Robotics market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Agriculture Robotics market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2018 to 2023 and forecasts until 2029 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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