The global demand for Agricultural Robots Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Agriculture robots or agribots refer to an autonomous machine and one of the most advanced innovations in the agriculture sector. They are independent machines used for improving the quality and productivity of yield and minimizing dependence on labor. These robots are generally equipped with designed arms to perform various horticulture activities. Besides this, these robots are also working for washing and milking livestock in the dairy farming industry.
Market Dynamics
The rising demand for food across the globe with a growing population which, in turn, farmers are moving towards modern equipment for example agricultural robots. Besides this, government offering subsidiary and promote awareness about automation among farmers across the globe. Apart from this, several companies are spending on R&D activities to launch an innovative product of agricultural robots.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of agricultural robots.
Market Segmentation
The entire agricultural robots market has been sub-categorized into product type, application, and offering. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- UAVs/Drones
- Milking Robots
- Automated Harvesting Systems
- Driverless Tractors
- Others
By Application
- Field Farming
- Dairy Farm Management
- Animal Management
- Soil Management
- Crop Management
- Others
By Offering
- Hardware
- Software
- Services
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for agricultural robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Agricultural Robots Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agricultural robots market include Deere & Company, Trimble Inc., Agco Corporation, Lely Holding S.À.R.L, AG Eagle LLC, Agribotix LLC, Agrobot, Harvest Automation, Naio Technologies, Precision Hawk, IBM, Agjunction, Inc., DJI, Boumatic Robotics, B.V., AG Leader Technology, Topcon Positioning Systems, Inc., Autocopter Corp, Auroras S.R.L., Grownetics Inc. and Autonomous Tractor Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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