logo
logo
Sign in

Agricultural Robots Market Set to Grow at Healthy CAGR of 21.3% by 2026

avatar
john dbmr

Global Agricultural Robots Market is expected to rise from its initial estimated value of USD 5.15 billion to an estimated value of USD 24.14 billion by 2026, registering a CAGR of 21.3% in the forecast period of 2020-2026. Agricultural robots are a system that consists of an end effector, manipulator, and gripper designed to replace human labour. The market is majorly driven by increased global food demand and rising government initiatives with automation.  However, the high capital investments may restrain the growth of the market.

Segmentation: Global Agricultural Robots Market

  • By Offering (Hardware, Software, Services)
  • By Type (UAV/Drones, Milking Robot, Driverless Tractors, Automated Harvesting Systems)
  • By Application (Harvest Management, Field Farming, Dairy Farm Management, Soil Management, Irrigation Management, Pruning, Weather Tracking & Monitoring, Inventory Management)
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-agricultural-robots-market

Major Market Competitors/Players: Global Agricultural Robots Market

Few of the major competitors currently working in the agricultural robots market are Deere & Company (US), Trimble Inc(US), AGCO Corporation (US), AgJunction (US), BouMatic (Europe), Lely (Europe), Ag Leader Technology (Europe), Topcon Corporation (US), AgEagle Aerial Systems, Inc. (US),  AutoCopter Corp (Europe), Blue River Technology (US), Auroras s.r.l. (Italy), Grownetics, Autonomous Solutions Inc. (US), Autonomous Tractor Corporation (US), Clearpath Robotics Inc. (Canada), Deepfield Robotics (Europe), DeLaval Inc.(Europe), GEA Group Aktiengesellschaft (Germany), Harvest Automation (UK), and among others.

Competitive Analysis: Global Agricultural Robots Market

Global agricultural robots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of agricultural robots market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

  • Rising government initiatives with automation, this act as a driver to the market
  • Rising popularity of indoor farming, this act as a driver to the market
  • With increasing population and food supply will act as major drivers for the market

Market Restraints:

  • High capital investments, this act as market restraints
  • Lack of awareness and technical knowledge, this act as market restraints

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-agricultural-robots-market    

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Absolute Pressure SEnsor Market

3D Optical Metrology Market

collect
0
avatar
john dbmr
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more