With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Agricultural Robots industry. The North American segment is estimated to contribute over 38 percent to the market’s incremental growth. The countries in the region are concentrating on developing their chemical infrastructure. Furthermore, the region also consists of several leading oil-producing companies such as the US, Mexico, and Venezuela. The concentration of leading markets combined with the growing demand for oil and chemical products will boost the need for Agricultural Robots in the region.
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The study includes valuable data, including the breakdown of information of market by type, geography, product application and classification. An overview of the current and future trends examined in the report for the forecast period 2020 – 2027 aim at influencing the imperative advance prominent vendors are expected to have over their competitors.
Key Highlights From The Report
In November 2019, DeLaval launched the latest addition to its robotic milking system offering – DeLaval VMS™ V310. The VMS™ V310 comes with the new DeLaval Re Pro™ that detects pregnancy and heat automatically during the milking process.
The hardware segment held the largest market share of 48.3% in the year 2019. Increasing adoption of cost-effective IoT-enabled devices and sensors in the agriculture sector is expected to drive the hardware segment's growth.
The driverless tractors are forecasted to grow with the fastest CAGR of 35.4% over the forecast period due to the declining agricultural workforce and the increasing investments for the development and production of the driverless tractors by the major market players.
Dairy management accounted for the largest market share in 2019 due to the increasing adoption of milking robots in order to meet the growing demand for dairy products.
North America accounted for the largest market share in 2019 due to the increasing government initiatives regarding the adoption of agricultural drones in the agricultural sector to facilitate smart farming.
Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Lely, DJI, Delaval, AgEagle Aerial Systems, and Topcon Positioning Group, among others.
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Offering Outlook (Revenue, USD Billion; 2017-2027)
Software
Hardware
Services
Type Outlook (Revenue, USD Billion; 2017-2027)
Driverless Tractors
Unmanned Aerial Vehicles (UAVs)
Automated Harvesting Systems
Milking robots
Application Outlook (Revenue, USD Billion; 2017-2027)
Dairy management
Soil management
Field farming
Animal management
Crop management
Regional Outlook (Revenue: USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Agricultural Robots industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Agricultural Robots industry.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Agricultural Robots Market Segmentation & Impact Analysis
4.1. Agricultural Robots Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Stringent environmental regulations
4.2.2.2. Rising need to reduce bacterial or algal contamination in water systems
4.2.2.3. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
4.2.3.1. Fluctuating prices of raw material
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Agricultural Robots Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Agricultural Robots Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Agricultural Robots Market Regional Outlook
Chapter 8. Competitive Landscape
Continued…