Agriculture Drones And Robots Market Is Growing At A CAGR Of 20.74% From 2024 To 2030 By Exactitude Consultancy

Agriculture drones and robots market

The Exactitude Consultancy Agriculture Drones and Robots Market Report – Size, Trends, and Forecast 2024-2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 15, 2024 /EINPresswire / -- ****Everything You Need to Know About Agriculture Drones and Robots everything is Here....!

The Comprehensive study on Agriculture Drones and Robots Market includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2024 to 2030. The Market study includes comprehensive insights on the competitive environment, description, broad product portfolio of key players, SWOT analysis, and significant business strategy implemented by rivals, revenue, Porters Five Forces Analysis, and sales projections. The report also features an impact analysis of the market dynamics, highlighting the factors currently driving and limiting market growth, and the impact they could have on the short, medium, and long-term outlook. The main goal of the paper is to further illustrate how the latest scenario, the economic slowdown, and war events affect the market for Agriculture Drones and Robots.

The Agriculture Drones and Robots Market is anticipated to grow from USD 7.83 Billion in 2024 to USD 29.30 Billion by 2030, at a CAGR of 20.74% during the forecast period. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.

The Top Key Players profiled in the report:

DJI, Deere & Company, Trimble Inc., AgEagle Aerial Systems Inc., Parrot Drones SAS, Yamaha Motor Co., Ltd., AeroVironment, Inc., DroneDeploy, PrecisionHawk, Agribotix LLC, Topcon Positioning Systems, Delair, Lely, CNH Industrial, Autonomous Solutions Inc., Kubota Corporation, CLAAS KGaA mbH, senseFly SA, Naio Technologies, Agrobotix LLC.

Recent Development:

28, 2024: John Deere (NYSE: DE) introduced the new S7 Series of combines, a family of harvesters designed for efficiency, harvest quality and operator friendliness. Harvest time is no time to let up in the chase for efficiency. The new S7 Series of combines helps farmers and custom operators perform at the maximum to make the most of the season's efforts.

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Agriculture Drones and Robots Market Segmentation:

Agriculture Drones and Robots Market by Type

Drones

Robots

Agriculture Drones and Robots Market by Technology

Hardware

Software

Agriculture Drones and Robots Market by Application

Precision Agriculture

Livestock Management

Smart Greenhouse management

Irrigation management

Inventory management

Precision Fish Farming

Others

Agriculture Robots Market Dynamics

Driver: Growing cost of labor encouraging automation

The growing global population and increasing labor charges are driving the market for agriculture robots. As the demand for food rises, farmers face the challenge of producing more with limited labor availability and rising labor costs. Agriculture robots offer a solution by automating tasks such as planting, harvesting, and monitoring, reducing the dependency on human labor. These robots enable increased productivity, efficiency, and precision, leading to higher yields and reduced production costs. With the potential to address labor shortages and optimize resource utilization, the adoption of agriculture robots becomes increasingly attractive, fueling the growth of the market and supporting sustainable agricultural practices.. Even in agricultural hubs, for instance, California, where farm wages can sometimes top USD 20 per hour, high wages are not encouraging people to perform physically demanding and repetitive tasks, for instance, berry picking. Robotic automation will not only perform unwanted jobs, but also attract skilled workers toward other non-repetitive tasks. For example, in dairy farms, tasks, such as cleaning and feeding can be automated through robots, making it easier for farmers to focus more on decision-making. Large farming companies are helping startups engaging in agricultural robotic solutions by investing in their technology. For instance, two-thirds of the investors in Harvest CROO (US) are affiliated with the strawberry industry.

Based on geography, the global market for Disruptions has been segmented as follows:

North America accounted for the largest market in the agriculture drones and robots market. North America accounted for 40 % market share of the global market value. North America stands as the dominant force in the Agriculture Drones and Robots Market, primarily owing to a combination of technological prowess, extensive adoption of precision agriculture, and a mature agricultural landscape. The region's farmers and agricultural enterprises have been early adopters of advanced technologies, recognizing the transformative potential of drones and robots in enhancing productivity and sustainability.

The presence of major industry players, coupled with robust research and development initiatives, has accelerated the integration of cutting-edge technologies into agricultural practices. Supportive government policies and substantial investments in agricultural technology further fuel market growth. The vast scale of North American farms aligns seamlessly with the capabilities offered by drones and robots, addressing challenges related to labor shortages and improving overall efficiency. Additionally, the region's commitment to sustainable and precision farming practices solidifies its position as a leader in the global Agriculture Drones and Robots Market, setting trends and influencing the trajectory of technological advancements in the sector.

Strategic Points Covered in Agriculture Drones and Robots Market Directory:

To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2030.

To understand the structure of market by identifying its various sub segments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the growth trends, future prospects, and their contribution to the total market.

To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Take a look at the full report with detailed TOC here:

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Agriculture Drones and Robots

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the Agriculture Drones and Robots market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Agriculture Drones and Robots

Some of the key questions scrutinized in the study are:

Which companies are expanding litanies of products with the aim to diversify product portfolio?

Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Agriculture Drones and Robots market?

Which companies have expanded their horizons by engaging in long-term societal considerations?

Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?

What are the marketing programs for some of the recent product launches?

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