Global Agricultural Robot Market Reports give a Key study on the industry status of the Agricultural Robot Industry Manufacturer with the specific statistics, meaning, definition, SWOT Analysis, expert opinion, and recent development across the globe. The research report also covers the Market Size, Price, Sales, Revenue, Market share, Gross Margin, growth rate, and cost structure. The report aims to give an additional sample of the latest scenario, economic slowdown, and Covid-19 impact on overall Industry.
The global Agricultural Robotics (AR) market size was USD 4.81 Billion in 2022 and is expected to register a revenue CAGR of 19.3% during the forecast period.
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The agricultural robot market is growing because farms need to automate chores that are slow and repetitive, and people all over the world want to grow more crops, vegetables, and fruits. Automation is becoming more popular because the population is growing and there are fewer people available to work on farms. This is causing revenue growth in the market. The steady demand for food is caused by the world’s growing population, and farming robots could help with worker and labor shortages.
Labor shortage is a big reason why the global agricultural robot market is likely to make more money in the future. Younger people are less likely to work in agriculture because they have better goals and job options. This means that there is less work for people to do by hand and more work for farming robots. Inflation is also making pay go up, which is good news for robotics and automation over the next few years. The Farm Labor Survey (FLS) says that over the past five years, farm wages have gone up by 2.9% per year. This makes farmers more likely to use AR because many devices are cheaper and more reliable than human work, and AR also makes mistakes less likely.
Competitive Landscape and Global Market Share Analysis:
Agribotix, Lely Holding, Agco Corporation, Deere & Company, DJI, Auroras, Topcon Positioning Systems, Autonomous Tractor, Blue River, AG Leader, Boumatic Robotics, Agjunction, Autocopter, Trimble, Grownetics, AG Eagle, Others
Market Segmentation:
By Type:
- Driverless Tractors
- Unmanned Aerial Vehicles UAV/Drones
- Automated Harvesting Systems
- Milking Robot
- Others
By Application:
- Soil Management
- Harvest Management
- Dairy Farm Management
- Field Farming
- Pruning
- Other
The report on the Agricultural Robot market covers the following region (country) analysis:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Regional Insights:
During the forecast period, North America is expected to be the leader in the agricultural robots business. There are a lot of farmers in this area who are buying farm cars that can drive themselves. The North American market continues to put money into technology and is getting better at automating things. People also think that government programs that help agriculture are a big force in the North American agricultural robot market. In 2018, the region made $1,469.8 million, and its growth is projected to be 18.9% per year.
The Asia-Pacific market is thought to have the fastest growth rate of any market in the world for farming robots. Over the next few years, the APAC market will be driven by the growing use of technology in agriculture and helpful government programs like subsidies. The Asia-Pacific agricultural robot market is expected to grow at a compound annual growth rate (CAGR) of 19.7%, bringing in $3,798.3 million in income by 2026.
Following are the major TOC of the Agricultural Robot Market:
Chapter 1: Agricultural Robot Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Agricultural Robot Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Agricultural Robot Market Forecast
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Key Reasons to Purchase Agricultural Robot Market report:
The report provides a thorough examination of the manufacturing methods, as well as ideas to reduce development risk, major market growth challenges and strategic inputs to overcome the market threats.
In-depth market analysis and an overview of the global Agricultural Robot Market trend and commercial landscape are included in the report. In addition, the report discusses the effect of COVID-19 on the market.
Reader can acquire a better interpretation of the Agricultural Robot Market forecast’s future view and opportunities from the report.
The report contains an analysis of recent developments as well as profiles of important market leaders and key players.
To gain an understanding of the market strategies by the leading market players in the Agricultural Robot
The report analyses the most important driving and restraining factors in the industry, as well as their impact on global market growth.
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