Agriculture Robots Market Size By Type (Driverless Tractors, Automated Harvesting Machine, Others), By Application


Posted March 2, 2020 by jennysmith

Agriculture Robots Market was valued at USD 2.96 Billion in 2018 and is projected to reach USD 11.58 Billion by 2026, growing at a CAGR of 18.6% from 2019 to 2026.

 
 Agriculture Robots Market Size And Forecast
According to Verified Market Research, The Global Agriculture Robots Market was valued at USD 2.96 Billion in 2018 and is projected to reach USD 11.58 Billion by 2026, growing at a CAGR of 18.6% from 2019 to 2026.


The latest survey on Global Agriculture Robots Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Agriculture Robots Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Agriculture Robots Market By Type, By Application, By Competitive Landscape,  By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

What is Agriculture Robots?
Agriculture is a boon to our society as it fulfills our basic needs and ensures that the balance of the ecological cycle is maintained. With growing advancement in technology, the incorporation of robotics in agricultural practices has brought a revolution in the field of agriculture and has made tasks much easier for the farmers. Agriculture robots have enhanced the level of artificial intelligence and have been catering for various applications in the agro-based industry and have enhanced the status for robotics at a global level.

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Global Agriculture Robots Market Outlook
With growing advancement in automation technologies, the incorporation of artificial intelligence in agriculture-based practices has boomed the Global Agriculture Robots market making it more convenient for the farmers to practice their daily tasks on the crop fields. With a rising population, the need for higher yield as well as demands for a better quality of harvest has increased lately. To overcome this problem and satisfy the rising demand for high and quality yields the concept of agriculture robotics was introduced. These factors are anticipated to boost the Global Agriculture Robots market during the forecast period.

The global market for agriculture robots might be a revolution in terms of advanced technology, but the cost of investment abstains it from flourishing completely in the global market. The cost to invest in the agriculture robotics is high which retrains the farmers and owners of farms and crop fields from opting for the agriculture robotics. Another aspect which is responsible to abstain the farmers from opting the AgBots is lack of awareness.

 Global Agriculture Robots Market, Geographic Analysis
The global agricultural robots market is studied on the basis of key geographies Europe, North America, Middle East, and Africa, Asia Pacific and Latin America. North America is contributing the largest revenue share in the agriculture robots market, owing to the high presence of vendors for agriculture robots such as Harvest Automation, Inc., Clearpath Robotics, and PrecisionHawk, Inc.

The presence of larger farming land in the Asia Pacific region is anticipated to be the major driving factor for this market to grow at a rapid speed, making APAC the fastest-growing region. The government in this region is also focusing on adopting various strategies to increase agricultural production in developing countries so that they can fulfill the ever-growing needs of their increasing population.

Global Agriculture Robots Market, Competitive Landscape
The global agriculture robots market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include Deere & Company, CNH Industrial N.V., AGCO Corporation, kubota Corporation, Valtra Oy Ab, Yanmar Co., Ltd., Carraro S.p.A., Naïo Technologies SAS, Trimble Navigation Ltd., Jacto Inc., and Guss AG.

Agriculture robots market for Dairy Management is expected to grow at the highest rate between 2018 and 2026. Whereas by type, the Automated Harvesting Machine is anticipated to grow at the highest rate during the forecast period.

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Global Agriculture Robots Market, By Type
Driverless Tractors

Automated Harvesting Machine

Global Agriculture Robots Market, By Application
Field Farming

Dairy Management

Indoor Farming

Horticulture

Global Agriculture Robots Market, By Geography
North America

U.S.

Canada

Mexico

Europe

Germany

Uk

France

Asia Pacific

China

Japan

India

Latin Americ

Brazil 56

Rest Of The World

 
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Issued By vmr
Country United States
Categories Business
Tags agriculture robots market
Last Updated March 2, 2020