Report Description
A recent market intelligence report that is published by Data Insights Partner on the global Agriculture Robot Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Agriculture Robot Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Agriculture Robot Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Agriculture Robot Market is offered. In accordance with the report, the global Agriculture Robot Market is projected to expand at a CAGR of 20.70 % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Agriculture Robot Market is expected to grow at the highest CAGR in the forecast period. It is a system that consists of an end effector, manipulator & gripper designed to supersede human labor. Agriculture Robot is gaining a hold amongst famers due to their constant need of producing food products efficiently and ensuring sustainability.
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Shortage of farmers and laborers and an increasing need for automation of various processes in agriculture industry are the major drivers for the growth of global Agriculture Robot market. A lot of companies are adopting a leasing model for the farmers, to give initial setup advice and test the robotic equipment to decide if they are a right match to cater to their requirements. This helps the farmers to calculate the Return on Investments (ROI), before purchasing equipment such as drones, harvest robots, driverless tractors etc. which are very high on cost. This is also considered to be an important factor in the penetration of agriculture robots globally thus increasing the demand of the market. At present, government of various countries have been supporting the agricultural initiatives with regards to automation. There has been a rapid growth in population which will lead to higher demand for food supply. Additionally, weather uncertainties and popularity of indoor farming are factors that will further boost the Global Agriculture Robot Market in the forecast period.
However, there is huge amount of capital investment required for Robot farming which can act as a major hindrance for the growth of Agriculture Robot farming. Even though there is an increasing awareness of such equipment globally, there is still ignorance and lack of technical knowledge, prevalent in certain regions. This is another limitation for the growth of this market in the forecast period.
There is an increased penetration of automated equipment used for farming and associated technological development in the United States, making it the region with highest share of Agriculture Robot market.
Segment Covered:
This market intelligence report on the global Agriculture Robot Market encompasses market segments based on product type, application, farm produce, offering and country/regions.
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In terms of type, the global Agriculture Robot Market is segregated into:
ü Milking Robots
ü Plant Handling Robots
ü Fruit Harvesting Robots
ü Unmanned Aerial Vehicle
Ø Fixed wing
Ø Rotary Blade
Ø Hybrid
ü Drones
ü Autonomous Tractors equipped with GPS (Driverless tractors)
ü Spraying Robots
ü Robots for Nurseries
ü Sorting & Packing
ü Weed Control Robot
By application, the global Agriculture Robot Market is also classified into:
ü Crop Monitoring
ü Plant Counting
ü Crop Scouting
ü Moisture Monitoring
ü Nutrient Monitoring
ü Dairy Farm Management
ü Livestock Monitoring
ü Precision Fish Farming
ü Financial Management
ü Farm Labor Management
ü Demand Forecasting
ü Forestry Management
By farm produce, the global Agriculture Robot Market is also classified into:
ü Flowers
ü Aquaculture
By offering, the global Agriculture Robot Market is also classified into:
ü Automation & Control Systems
Ø Display
Ø Guidance, Steering & Application Control Device
Ø GPS / GNSS Systems
Ø Cameras
v Multispectral Cameras
v Infrared Cameras
v Thermal Cameras
v LiDAR Camers
v High – Resolution Camers
Ø Mobile Devices / Handheld Computers
Ø Flow & Application Control Devices
ü Sensing & Monitoring Devices
Ø Yield Monitors
Ø Soil Sensor
v Nutrients Sensor
v Moisture Sensor
v Temperature Sensor
Ø Water Sensors
Ø Climate Sensors
ü Cloud Based
ü Local/Web Based
ü Consulting and system integration
ü Connectivity Services
ü Assisted Professional Services
Ø Supply Chain Management Services
Ø Climate Information Services
ü Support & Maintenance Services
ü Managed Services
Ø Data Services
Ø Analytics Services
Ø Farm Operation Services
By country/region, the global Agriculture Robot Market has been divided into:
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Agriculture Robot related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of the Agriculture Robot Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world of Agriculture Robot Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Lely, Harvest Automation, DeLaval, Clearpath Robotics, Autonomous Solutions Inc., AGCO, Autonomous Tractor Corporation, Deepfield Robotics, GEA Group, John Deere, Naio Technologies, PrecisionHawk Inc.,SenseFly SA, DJI, Agrobotix LLC, AG Leader Technology, Trimble Inc., Yamaha Motor Company, BouMatic Robotics and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Agriculture Robot Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Agriculture Robot Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Agriculture Robot Market
v Identification of key factors driving investment opportunities in the Agriculture Robot Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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