Monday, 25 September 2023 04:38 GMT

At A CAGR Of 33.20%, Global Agricultural Robot Market Is Expected To Reach USD 15.98 Billion By 2028 X Herald

(MENAFN- Ameliorate Digital Consultancy)

The Agricultural Robot Market Is Expected To Witness Market Growth At A Rate Of Approximately 33.20% In The Forecast Period Of 2021 To 2028 And Is Expected To Reach USD 15.98 Billion By 2028.

agricultural robot market Overview

The need to automate repetitive and slow tasks for farmers and growing interest in increasing yields of crops, vegetables and fruits across the globe are key factors driving agricultural robot market revenue growth. Automation is being encouraged by growing population and decreasing availability of farm workers, which is driving revenue growth in the market. A growing world population is driving steady food demand and agricultural robots could help alleviate worker and labor shortages.

Global Agricultural Robot Market Size, Status, and Forecast 2022-2030. In-depth research accumulated to offer Latest insights about acute features of the global Agricultural Robot market. This report provides a detailed overview of key factors in the Agricultural Robot Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Agricultural Robot in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.

Industry News:
In August 2021 , John Deere acquired Bear Flag Robotics for US$250 million. Bear Flag Robotics was founded in 2017 and specializes in autonomous farming heavy machinery.

Some of the key players profiled in the study are
Agribotix, Lely Holding, Agco Corporation, Deere & Company, DJI, Auroras, Topcon Positioning Systems, Autonomous Tractor, Blue River, AG Leader, Boumatic Robotics, Agjunction, Autocopter, Trimble, Grownetics, AG Eagle , and Others.

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Segmented by Type:
Driverless Tractors, Unmanned Aerial Vehicles UAV/Drones, Automated Harvesting Systems, Milking Robot, Others
The milking robot segment held the largest revenue share in 2021.

Segmented by Application:
Soil Management, Harvest Management, Dairy Farm Management, Field Farming, Pruning, Other
The dairy and livestock management segment accounted for the largest revenue share in 2021.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

The Asia Pacific market is considered to have the highest agricultural robot market growth rate in the global market.

North America is expected to dominate the agricultural robot industry during the forecast period. There are many farmers in this region who are adopting automated farm vehicles.

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Drivers & Restraints:

The agricultural industry is under pressure from growing global populations and demands for increased productivity in existing farm areas.

Small farms have been largely left behind by successive waves of automation that include agricultural robots. Tractors with autopilot can cost upwards of US$100,000 and often do not provide a sufficient return on investment (RoI) for small farmers.

Table of Content of Agricultural Robot Market:

1: Introduction, market driving force product Objective of Study and Research Scope the Global Agricultural Robot market (2022-2028).

2: Exclusive Summary – the basic information of the Global Agricultural Robot Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Agricultural Robot; Post COVID Analysis.

4: Presenting the Global Agricultural Robot Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country 2018-2022.

6: Evaluating the leading manufacturers of the Global Agricultural Robot Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2028).

To be continued

Read Detailed Index of full Research Study at@

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