Global Agricultural Robots Market 2018-2023 Forecast to Grow at a CAGR of 18.46% - ResearchAndMarkets.com

DUBLIN--()--The "Agricultural Robots Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

Global agricultural robots market is projected to witness a compound annual growth rate of 18.46% during the forecast period to reach a total market size of US$17.614 billion by 2023, increasing from US$6.374 billion in 2017.

The growing strain on global food supply owing to increasing population coupled with the rapid urbanization of society is driving the need for agricultural robots to enhance the productivity and efficiency of farms. As a result, advanced and innovative robots are being developed for agricultural activities, hence augmenting the agricultural robot market growth. Moreover, government support and initiatives towards modern technology adoption in the agricultural sector are further contributing significantly to the expansion of this market. However, the high cost of machinery restraints its market growth.

Rapidly developing countries like China and South Korea are creating numerous opportunities for vendors, as these countries have a higher rate of adoption for such technologies.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Segmentation

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Supplier Outlook

4.6. Industry Outlook

4.7. Porter's 5 Forces Analysis

4.8. Industry Value Chain Analysis

4.9. Industry Regulations

4.10. Scenario Analysis

5. Global Agricultural Robot Market Forecast by Type (US$ billion)

5.1. Milking Robot

5.2. Unmanned Aerial Vehicles (UAV)

5.3. Automated Harvest System

5.4. Others

6. Global Agricultural Robot Market Forecast by Application (US$ billion)

6.1. Dairy Farm Management

6.2. Field Farming

6.3. Irrigation Management

6.4. Harvest Management

6.5. Others

7. Global Agricultural Robot Market Forecast by Geography (US$ billion)

7.1. Americas

7.1.1. North America

7.1.1.1. U.S.

7.1.1.2. Canada

7.1.1.3. Mexico

7.1.1.4. Others

7.1.2. South America

7.1.2.1. Brazil

7.1.2.2. Argentina

7.1.2.3. Others

7.2. Europe Middle East and Africa

7.2.1. Europe

7.2.1.1. UK

7.2.1.2. Germany

7.2.1.3. France

7.2.1.4. Others

7.2.2. Middle East and Africa

7.3. Asia Pacific

7.3.1. Japan

7.3.2. China

7.3.3. India

7.3.4. Australia

7.3.5. Others

8. Competitive Intelligence

8.1. Market Share Analysis

8.2. Investment Analysis

8.3. Recent Deals

8.4. Strategies of Key Players

9. Company Profiles

9.1. Vision Robotics Corporation

9.2. Harvest Automation

9.3. AG Eagle LLC

9.4. Lely Holding

9.5. Boumatic Robotics

9.6. Agribotix LLC

9.7. Agco Corporation

For more information about this report visit https://www.researchandmarkets.com/research/75tndn/global?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics, Agricultural Machinery and Equipment

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics, Agricultural Machinery and Equipment