(MENAFN- Ameliorate Digital Consultancy)
As per the study initiated by Evolve Business Intelligence, the global Agricultural Robots market size accounted for USD 5.2 Billion in 2022, growing at a CAGR of 21.5% from 2023 to 2033. The agricultural robots market is a rapidly expanding industry focused on the development and deployment of robots and automation technologies in agricultural practices. These robots assist farmers in various tasks such as planting, harvesting, crop monitoring, and livestock management, aiming to enhance productivity, efficiency, and sustainability in the agricultural sector. The market is driven by factors such as the rising global population, the need for improved agricultural practices, labor shortages, and the adoption of advanced technologies in farming.
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Key Highlights:
The global Agricultural Robots Market size was valued at USD 5.2 Billion in 2022 growing at a CAGR of 21.5% from 2023 to 2033. North America dominated the market in 2022 Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Agricultural Robots Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Agricultural Robots market report also includes the following data points:
COVID19 Impact on Agricultural Robots market size End-User/Industry/Application Trend, and Preferences Government Policies/Regulatory Framework Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies Opportunity in Agricultural Robots market
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Key Players
Some of the major Agricultural Robots players holding high market share include AGCO, Autonomous Solutions Inc., Autonomous Tractor Corporation, and Clearpath Robotics. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
AGCO Autonomous Solutions Inc. Autonomous Tractor Corporation Clearpath Robotics Deepfield Robotics DeLaval GEA Group Harvest Automation John Deere Lely
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Agricultural Robots Market:
Driverless Tractors Unmanned Aerial Vehicles (UAVs) Milking Robots Automated Harvest Robots Material Management Others (Animal Management and Forest Management)
Market Segment By Application with focus on market share, consumption trend, and growth rate of Agricultural Robots Market:
Dairy Management Irrigation Management Harvest Management Soil Management Inventory Management Others (Field Mapping and Pruning Management)
Parameters | Details |
Market Size (2022) | $ 5.2 Billion |
CAGR (2023 to 2033) | 21.5% |
Market Segmentation | Type, Application |
Country Covered | US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America |
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Global Agricultural Robots Geographic Coverage:
North America Europe UK Germany France Italy Spain Nordic Countries Benelux Rest of Europe
Asia Pacific China Japan India South Korea Indonesia Malaysia Australia Rest of Asia Pacific
Middle East and Africa Saudi Arabia UAE Egypt South Africa Rest of MEA
Latin America Mexico Brazil Argentina Rest of Latin America
Reasons to Buy this Report:
Detail analysis of the impact of market drivers, restraints, and opportunities Competitive Intelligence provides an understanding of the ecosystem Details analysis of the Total Addressable Market (TAM) of your products Investment Pockets and New Business Opportunities Demand-supply gap analysis Strategy Planning
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