According to the current analysis of Reports and Data, the global agricultural robots market was USD 6.5 Billion in 2018 and is projected to grow at a CAGR of 24.1% from 2019 to 2026. The burden on global food supply due to rising world population and surge in venture funding for the expansion of agriculture robots are a few of the key factors driving the growth of the agricultural robots market. The most common applications of robots in agriculture include filed mapping, aerial data collection, planting and seeding intercultural operations, fertilizing and irrigation, picking, and harvesting, while others including dairy farming activities like milking, castrating, washing and shepherding. The Food and Agriculture Organization of the United Nations (FAO) projected that the global GDP of the agriculture industry would increase from USD50 trillion in 2005-07 to USD 126 trillion in 2050. This exponential extension of the agriculture industry is the foremost reason for the hurling of the sales of agricultural robots globally.
The Global Agricultural Robots Market report encompasses decisive statistical data regarding sales and revenue about the global Agricultural Robots market. It covers data on leading segments such as types, applications, regions, technology, and major players involved in the industry. The report pays a special focus on the historical (2017-2018) occurrences of the industry along with analysis of the present scenario and offers pivotal forecast information up to 2027.
Leading Companies Profiled in the Report are:-
Deere & Company (US), Trimble (US), AGCO Corporation (US), AgJunction (US), DJI (China), Boumatic (Netherlands), Lely (Netherlands), DeLaval (Sweden), Topcon (US), and AgEagle Aerial Systems (US).
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The global Agricultural Robots market is anticipated to dominate the economic scenario with an exponential growth rate in the forecast period. Rapidly developing industrial infrastructure, product commercialization, and increasing demands of the Agricultural Robots are propelling the Agricultural Robots industry towards the growth curve.
This report forecasts revenue growth at a global, regional & country level, and gives an in-depth analysis of the market trends in each of the sub-segments from 2016 to 2026. For this study, Reports and Data have segmented the agricultural robot’s market based on offerings, type, farming, farm, application, and region:
By Offerings (Revenue, USD Million; 2019-2026)
By Type (Revenue, USD Million; 2019-2026)
By Farming (Revenue, USD Million; 2019-2026)
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By Farm (Revenue, USD Million; 2019-2026)
By Application (Revenue, USD Million; 2019-2026)
Regional Analysis for Agricultural Robots Market:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Objectives of the Agricultural Robots Report:
· Analysis and accurate forecast estimation of the Global Agricultural Robots Market
· Study of the key players including SWOT analysis and Porter’s Five Forces
· In-depth analysis of the market potential, threats, limitations, growth prospects and opportunities, drivers, restraints, challenges, and risks
· Analysis of the market opportunities and key trends to help stakeholders capitalize on the emerging prospects
· Analysis of each segment and sub-segment of the market to determine the growth trends and their market contribution
· Study of the developments in the competitive landscape such as agreements, partnerships, expansions, new product launches and brand promotions, and other market features
Highlights of the TOC of the report:
· Chapter 1: Market overview
· Chapter 2: Global Agricultural Robots market analysis
· Chapter 3: Regional analysis of the Agricultural Robots industry
· Chapter 4: Market segmentation based on types and applications
· Chapter 5: Revenue analysis based on types and applications
· Chapter 6: Market share
· Chapter 7: Competitive Landscape
· Chapter 8: Drivers, Restraints, Challenges, and Opportunities
· Chapter 9: Gross Margin and Price Analysis
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