The global agricultural robotics market size reached USD 4.81 Billion in 2021 and is expected to register a revenue CAGR of 19.3% during the forecast period. Rising awareness among farmers regarding the advantages of agricultural robots for sustainable farming is expected to boost adoption of AR during the forecast period. In fields, robotic cameras and sensors are used for identifying pests, detecting weeds, parasites or diseases, and others. Artificial Intelligence (AI) sensor can spot and target weeds, and after that, it determines suitable herbicides. Sensors are usually selective, meaning they only spray herbicides on the affected region. This leads to reduced usage of herbicides and results in less harmful impact on the environment. Small robots are able to spray bio-pesticides on targeted parts and are effective in removing weeds without harming other useful insects such as bees.
The report on the Agricultural Robotics market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Agricultural Robotics market for the forecast period from 2020 to 2030. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.
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The key companies studied in the report are:
Deere & Company, Trimble Inc, Agco Corporation, Lely Industries N.V., AgEagle Aerial Systems Inc., Agribotix LLC, AGROBOT, Harvest Automation, Naio Technologies, and IBM Corporation.
The research provides answers to the following key questions:
- What will be the growth rate of the Agricultural Robotics market for the forecast period, 2017 to 2027? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Agricultural Robotics market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Agricultural Robotics market for the forecast period, 2017 to 2027?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
Browse the complete Global Agricultural Robotics Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @https://www.emergenresearch.com/industry-report/agricultural-robotics-market
Emergen Research has segmented the global agricultural robotics market on the basis of type, farming environment, farm produce, application, and region:
-
Type Outlook (Revenue, USD Billion; 2019–2030)
- Milking Robots
- Unmanned Aerial Vehicles (UAVs) / Drones
- Driverless Tractors
- Automated Harvesting System
- Others
-
Farming Environment Outlook (Revenue, USD Billion; 2019–2030)
- Indoor
- Outdoor
-
Farm Produce Outlook (Revenue, USD Billion; 2019–2030)
- Field Crops
- Fruits and Vegetables
- Dairy and Livestock
- Others
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Field Farming
- Harvest Management
- Soil Management
- Dairy and Livestock Management
- Pruning Management
- Irrigation Management
- Inventory Management
- Weather Tracking & Monitoring
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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