Global Agricultural Robots Market Size was valued nearly USD 3.42 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 20.73% during the forecast period that is 2017-2025. The agriculture automation is known as agri-robots systems which is helping farmer to increase production, reduce time, manage remote area is the major factors will drive the growth of market during forecast period. the major applications of robots in agricultural fields include aerial data collection, filed mapping, seeding, and planting, fertilizing and irrigation, intercultural operations, picking, and harvesting, while others including dairy farming activities like milking, and shepherding. The Asia Pacific region will show positive growth rate and huge demand over the forecast period. China, India, Japan, Republic of Korea such countries contributes high revenue and demand during the forecast timespan, followed by US, and Germany.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global agricultural robots market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global agricultural robots market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The objective of this market study is to analyze, define, describe, and forecast the air taxis market basis on type, product, offering, application, distribution channel and region. To provide detailed information regarding the major factors influencing the growth of the agricultural robots market drivers, restraints, opportunities, and challenges.
Type Insights: Based on type, the agriculture robots market is segmented into UAVs, milking robots, harvesting systems, and driverless tractors. The harvesting systems segment is projected to hold largest market share in 2017 and is estimated to continue dominance over forecast timespan in terms of revenue and demand due to increasing labor cost is motivating farm owners to adopt automated harvesting system. Driverless tractors segment will boost the demand in the coming years due to remote area handling.
Offering Services: Based on offering, the agriculture robots market is segmented into hardware-automation & control system, sensor & monitoring device; software; services. The services segment is anticipated to grow at the highest CAGR rate between 2018 and 2025. That services divided into system integration and consulting, managed services, assisted professional services, connectivity services, and maintenance and support.
Based on regional analysis, the global agriculture robots market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, Americas held the largest share of the agricultural robots market and is projected to grow at the highest CAGR rate during the forecast period that is 2018 to 2025, followed by Europe. The market majorly driven by matured industry, presence of major manufacturers, technology advancement, R&D, and high income level are the key factors will boost industry during the forecast period.
Global Agriculture Robots Market Size, Share Analysis By Region 2017
The Asia Pacific is the second highest revenue generating region in the global market because of the growing awareness regarding advance technologies for agriculture sector and increasingly adopting advanced farming systems and equipment such as steering and guidance systems, sensors, display devices, and farm management software. The emerging economies such as China, India, Japan, Republic of Korea will developing new demand for latest technologies are major factors will drive the market during forecast period.
Global Agriculture Robots Market Study Objective
1. To forecast the market size of agriculture robots market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of agriculture robots market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of agriculture robots market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of agriculture robots market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the agriculture robots market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
The major kay players in the agriculture robots market which will contribute healthy growth in regional and global market over the forecast period that key players are Agrobot Blue River Technology, Harvest Automation, AGCO Corporation, Lely Industries, Naio Technologies, Precision Hawk, Deere & Company, AG Eagle LLC, Agribotix LLC, Trimble and IBM.
Global Agriculture Robots Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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