Market Size, Share, Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast 2020 to 2027

The latest industry intelligence report on the Agricultural Robots market performs a cautious examination of the current business environment and competitive landscape of the Agricultural Robots market for the forecast period, 2020 – 2027.

The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

The global Agricultural Robots Market will be worth USD 37.24 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing population worldwide coupled with the rising demand for food in developing countries. The farmers are trying to enhance agricultural productivity in order to meet the growing demand for food by incorporating agricultural robots in agricultural practices. Increasing adoption of crop management devices to monitor crop growth and protect the field from any infestations is expected to drive the market’s growth over the forecast period. The declining agricultural workforce in several countries due to the aging of farmers and lack of skilled labor has resulted in the increasing adoption of agricultural robots over the forecast period. Increasing labor costs due to the shortage of labor is another contributing factor to the market’s growth.

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The emergence of technologically advanced agricultural drones is expected to drive the demand for technology. The drones are used for the assessment of crop spraying, crop monitoring, and crop health. The drones with thermal sensors help identify the region that requires irrigation changes, and it also reduced the presence of the chemical in groundwater. With the help of Artificial Intelligence, the drones with thermal sensors are able to calculate the vegetation index of the crops and indicator of health by measuring the heat signature of the crop.

Key Highlights From The Report

In November 2019, DeLaval launched the latest addition to its robotic milking system offering – DeLaval VMS™ V310. The VMS™ V310 comes with the new DeLaval Re Pro™ that detects pregnancy and heat automatically during the milking process.

The hardware segment held the largest market share of 48.3% in the year 2019. Increasing adoption of cost-effective IoT-enabled devices and sensors in the agriculture sector is expected to drive the hardware segment’s growth.

The driverless tractors are forecasted to grow with the fastest CAGR of 35.4% over the forecast period due to the declining agricultural workforce and the increasing investments for the development and production of the driverless tractors by the major market players.

Dairy management accounted for the largest market share in 2019 due to the increasing adoption of milking robots in order to meet the growing demand for dairy products.

North America accounted for the largest market share in 2019 due to the increasing government initiatives regarding the adoption of agricultural drones in the agricultural sector to facilitate smart farming.

Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Lely, DJI, Delaval, AgEagle Aerial Systems, and Topcon Positioning Group, among others.

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Offering Outlook (Revenue, USD Billion; 2017-2027)

Software

Hardware

Services

Type Outlook (Revenue, USD Billion; 2017-2027)

Driverless Tractors

Unmanned Aerial Vehicles (UAVs)

Automated Harvesting Systems

Milking robots

Application Outlook (Revenue, USD Billion; 2017-2027)

Dairy management

Soil management

Field farming

Animal management

Crop management

Agricultural Robots Market Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

Europe

Asia Pacific

Latin America

MEA

The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Agricultural Robots market for the forecast period, 2020 – 2027.

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Here are the questions we answer…

What are the future opportunities in store for the vendors operating in the Agricultural Robots market?

What does the competitive landscape look like?

Which emerging technologies are believed to impact the Agricultural Robots market performance?

What are the key trends and dynamics?

Which regulations that will impact the industry?

Which segment will offer the most opportunity for growth between 2020 and 2027?

Where will most developments take place in the long term?

Who are the most prominent vendors and how much market share do they occupy?

What are the latest technologies or discoveries influencing the Agricultural Robots market growth worldwide? 

Read more@ https://www.emergenresearch.com/industry-report/agricultural-robots-market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Agricultural Robots Market Definition

    1.2. Agricultural Robots Market Research Scope

    1.3. Agricultural Robots Market Methodology

    1.4. Agricultural Robots Market Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Agricultural Robots Market Segmentation & Impact Analysis

Chapter 5. Agricultural Robots Market By Type Insights & Trends, Revenue (USD Billion)

Chapter 6. Agricultural Robots Market By Application Insights & Trends Revenue (USD Billion)

Chapter 7. Agricultural Robots Market By End-Use Insights & Trends Revenue (USD Billion)

Chapter 8. Agricultural Robots Market Regional Outlook

Continued…

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City: Surrey
State: British Columbia
Country: Canada
Website: https://www.emergenresearch.com/industry-report/agricultural-robots-market


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