Gmi Research's blog : Agricultural Robots Market Report 2020-2027

Agricultural Robots Market

Agricultural Robots Market observed around USD 3,000 million in 2019, expanding at a robust CAGR of 34% over the forecast period.

The factors driving the growth of Agricultural Robots Market includes changing demographics, rapid urbanization, growing demand for food products, rising population and increasing Government support for the adoption of automation in agriculture. The U.S Department of Agriculture funded $287.7 Million to produce Specialty Crops such as fruits and vegetables and tree nuts, which will boost the Agricultural Robots Market size in the coming years. In addition, rising number of old-age farmers, around the world has become a major concern, because the current and coming generation are less likely to practice farming activities, as a result, Robot Automation comes out as an optimal solution for filling the labor-supply gap, which will accelerate the growth of Global Agriculture Robots Market. Moreover, the emerging need for crop monitoring and substantial farming for improved production of the output along with severe changes in the environment and increasing use of IoT are some of the factors propelling the market growth. However, the growth of Agricultural Robots Market is hindered due to insufficient knowledge about agricultural robots and high energy and maintenance cost.

Some of the prominent players operating in the market are DJI, Boumatic, Topcon Positioning Systems Inc., Deere & Company, Trimble Inc., AG Leader Technology, Lely Group, AG Eagle LLC, Agco Corporation and Agjunction Inc. Among others.

Type: Segment Analysis

Based on the Type, the UAVs/ Drones segment is anticipated to grow at a higher CAGR during the forecast period. The growing adoption of Drones by farmers due to its ability to monitor crops, manage livestock, analyze field data information and emergence of multispectral camera, which reduces the overall cost of the drone, are some of the factors responsible for the growth of the segment.

Farming: Segment Analysis

Based on the farming environment, the outdoor segment is projected to grow at a faster CAGR over the forecast period, attributed to the growing adoption of drones and increasing demand for GPS enabled independent tractors for outdoor farming.

Regional: Segment Analysis

Based on region, North America region is projected to dominate the market over the forecast period. High per-capita income, inadequate labor supply, growing demand for automated farming equipment and increasing immigration inspections are motivating the farmers to choose automated robots in North American region.

Market Segmentation

Global Agricultural Robots Market by Offering

Hardware
- Automation & Control Systems
  - Guidance & Steering
  - Displays
  - Cameras
  - GPS/GNSS Systems
  - Flow & Application Control Devices
  - Mobile Devices/Handheld Computers
  - Others
- Sensing & Monitoring Devices
  - Soil Sensors
  - Yield Monitors
  - Climate Sensors
  - Water Sensors
  - Others
- Software
  - Cloud-Based Software
  - Local/Web-Based Software
- Services
  - Managed Services
    - Data Services
    - Farm Operation Services
    - Analytics Services
  - System Integration & Consulting
  - Assisted Professional Services
  - Connectivity Services
  - Maintenance & Support Services

Global Agricultural Robots Market by Type

Milking Robots
Unmanned Aerial Vehicles (UAVs)/Drones
- Rotary Blade Drones
- Fixed-Wing Drones
- Hybrid Drones
Driverless Tractors
Automated Harvesting Systems
Others

Global Agricultural Robots Market by Farming Environment

Indoor
Outdoor

Global Agricultural Robots Market by Farm Produce

Field Crops
Fruits & Vegetables
Dairy & Livestock
Others

Global Agricultural Robots Market by Application

Field Farming
- Plant Scouting
- Crop Monitoring
- Crop Scouting
Harvest Management
Soil Management
- Nutrient Monitoring
- Moisture Monitoring
Dairy & Livestock Management
- Livestock Monitoring
- Dairy Farm Management
- Precision Fish Farming
Pruning Management
Irrigation Management
Inventory Management
Weather Tracking & Monitoring
Others

Global Agricultural Robots Market by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC

North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

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