According to a market report by Lucintel, the future of the agricultural robots market looks promising with opportunities in the harvesting management, field mapping, dairy farm management, soil management, irrigation management, pruning management, weather tracking and forecasting, and inventory management markets. The agricultural robots market is expected to grow with a CAGR of 29% from 2019 to 2024. The major drivers for this market are increasing concerns on food supply, increasing adoption of new technologies in farming for maximum profitability and production, substantial cost savings associated with the use of agricultural robots, and government support to adopt modern agricultural techniques.
In this market, unmanned aerial vehicles (UAVs)/drones, milking robots, automated harvesting systems, and driverless tractors are the major robot types. Within the agricultural robots market, harvesting management, field mapping, dairy farm management, soil management, irrigation management, pruning management, weather tracking and forecasting, and inventory management are the major applications.
Deere & Company, Trimble, Agjunction, DJI, Boumatic Robotics, Lely Holding S.À.R.L, AG Leader Technology, Topcon Positioning Systems, AG Eagle(Agribotix), and AutoCopter are among the major players of agricultural robots.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the agricultural robots market by robot type, application, and region. Lucintel has prepared a comprehensive research report entitled “Agricultural Robots Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the agricultural robots market by robots type, application, and region as follows:
By Robots Type ($M Shipment Analysis for 2013 - 2024):
• Unmanned Aerial Vehicles (UAVs)/Drones
• Milking Robots
• Automated Harvesting Systems
• Driverless Tractors
• Other Robots
By Application ($M Shipment Analysis for 2013 - 2024):
• Harvesting Management
• Field Mapping
• Dairy Farm Management
• Soil Management
• Irrigation Management
• Pruning Management
• Weather Tracking and Forecasting
• Inventory Management
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
• Asia Pacific
• Rest of the World
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the agricultural robots market by robots type (unmanned aerial vehicles (UAVs)/drones, milking robots, automated harvesting systems, driverless tractors, other robots), by application (harvesting management, field mapping, dairy farm management, soil management, irrigation management, pruning management, weather tracking and forecasting, inventory management, others),and by region (North America, Europe, Asia-Pacific (APAC), Rest of the World )?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the agricultural robots market?
Q.5 what are the business risks and threats to the agricultural robots market?
Q.6 what are emerging trends in this agricultural robots market and the reasons behind them?
Q.7 what are some changing demands of customers in the agricultural robots market?
Q.8 what are the new developments in the agricultural robots market? Which companies are leading these developments?
Q.9 who are the major players in this agricultural robots market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this Agricultural Robots area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, agricultural robots market?