The global Agricultural Robots Market will be worth USD 37.24 Billion by 2027, according to a current analysis by Emergen Research.
Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.
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)
Type Outlook (Revenue, USD Billion; 2017-2027)
Unmanned Aerial Vehicles (UAVs)
Automated Harvesting Systems
Application Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue: USD Billion; 2017-2027)
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The latest market study, Agricultural Robots market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2020 - 2027.This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2020 - 2027.Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
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
4.1. Agricultural Robots Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Stringent environmental regulations
22.214.171.124. Rising need to reduce bacterial or algal contamination in water systems
126.96.36.199. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
188.8.131.52. Fluctuating prices of raw material
184.108.40.206. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Agricultural Robots Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Agricultural Robots Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Agricultural Robots Market Regional Outlook
Chapter 8. Competitive Landscape