DUBLIN--(BUSINESS WIRE)--The "Agricultural Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global agricultural robots market reached a value of US$ 6.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 17.8 Billion by 2027, exhibiting a CAGR of 18.6% during 2022-2027.
Companies Mentioned
- Deere & Company
- Trimble Inc.
- Agco Corporation
- Lely Holding S.A.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
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Agricultural robots, also known as agribots, are one of the latest innovations in the agriculture industry. They are autonomous machines utilized for improving quality and efficiency of yield, minimizing reliance on manual labor, and increasing the overall productivity. Agricultural robots are usually equipped with end effectors or specialized arms for performing a wide range of horticultural activities such as weed control, seeding and planting, aerial data collection, filed mapping, fertilizing and irrigation, intercultural operations, harvesting, soil analysis, and environmental monitoring. Apart from this, these robots are also employed for washing and milking livestock in the dairy farming industry.
With growing population, the demand for food is rising at a rapid pace worldwide. As a result, farmers are now shifting towards modern tools and equipment, such as agricultural robots, to increase their total productivity and generating more revenue. Further, governments around the world are offering subsidies and undertaking initiatives to propagate awareness about automated technologies among farmers. For instance, the European Union has funded projects, such as GRAPE and MARS, to replace labor-intensive tasks with advanced automated technologies. Moreover, several established and start-up agricultural companies are investing in research and development activities to introduce an innovative range of agricultural robots.
Key Question Answered in this Report
1. What was the size of the global agricultural robots market in 2021?
2. What is the expected growth rate of the global agricultural robots market during 2022-2027?
3. What are the key factors driving the global agricultural robots market?
4. What has been the impact of COVID-19 on the global agricultural robots market?
5. What is the breakup of global agricultural robots market based on the product type?
6. What is the breakup of global agricultural robots market based on the application?
7. What is the breakup of global agricultural robots market based on the offering?
8. What are the major regions in the global agricultural robots market?
9. Who are the key players/companies in the global agricultural robots market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.3 Key Industry Trends
5 Global Agricultural Robots Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Offering
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Market Breakup by Offering
9 Market Breakup by Region
10 Global Agricultural Robots Industry: SWOT Analysis
11 Global Agricultural Robots Industry: Value Chain Analysis
12 Global Agricultural Robots Industry: Porters Five Forces Analysis
13 Global Agricultural Robots Industry: Price Analysis
14 Agricultural Robots Manufacturing Process
14.1 Product Overview
14.2 Raw Material Requirements
14.3 Manufacturing Process
14.4 Key Success and Risk Factors
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/vzpepz.
