Global Agricultural Robots Market is projected to expand at a CAGR of 22% over the forecast period
Global agricultural robots market accounted USD 3.55 Billion in 2016, the market is anticipated to reach USD 17.0 Billion by the end of 2024.
Agricultural robots help in better farming practices thereby saving time of farmers as they have the ability to work at constant speed, improve quality and reliability and reduced wastes. They not only save the time of farmers, in addition they help in reducing human errors. Agricultural robots are specially designed to maintain the soil humidity and pick the ripe fruits. Each plant has a network of sensors that monitors the humidity and alarm the robot for water this communication is possible due to the sensors. For instance, Agrobot SW6010 looks like a tractor but it is a machine which utilizes the sensors and robotic arms to detect ripe fruits and collect/pick them from the ground. Global agricultural robots market size reached USD 3.55 Billion in 2016, the market is anticipated to reach USD 17.0 Billion by the end of 2024. On the basis of application, weather tracking and forecasting segment is dominating the market on the back of their advantages such as weather monitoring, weather statistics, rain forecasting and others.
Regionally, Asia Pacific region is creating several opportunities for agricultural robots manufacturers owing to rising demand for advanced sensor based agricultural robots for weather monitoring and forecasting. Japan is aggressively focusing towards the improvement of agricultural sector and its operations.
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• On the basis of products
o Driverless Tractors
o Milking Robots
o Potato Sorting System
o Unmanned Aerial Vehicles
• On the basis of technology
• Automation and control system
• Sensing and monitoring device
• Local/Web based
• Cloud based
• Managed services
• Connectivity services
• Maintenance services
• Support services
• On the basis of application
o Field Farming
o Soil Management
o Crop Management
o Nursery Operations
o Weather Tracking and Forecasting
• By Region
o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World
“Global Agricultural robots Market Outlook 2024” contains detailed overview of the global agricultural robots market in terms of market segmentation by product type, by technology type and by application type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This market report also includes provides competitive outlook of some of the major players of the global agricultural robots market which includes profiling of companies of the Agrobot, Energid, Clearpath Robotics, Autonomous Solution, Wageningen UR, Agritronics, Kinze Manufacturing, Harvest Automation, ISO Group, Helper Robotech, Blue River Technologies, Vision Robotics etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global agricultural robots market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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