Agricultural Robots Market Size, Shares, Current Trends, Opportunity Analysis and Industry Forecast, 2017-2023
North America accounted for a dominant market share of 37.04% in the global agricultural robots market in 2016, owing to its significant adoption of automated technologies to speed up agricultural produce. However, Asia-Pacific is expected to witness the highest growth rate of 24.5% in global agricultural robots market the during the forecast period, owing to the surge in population leading to high food demand, and gradual adoption of automated technologies by industries. Moreover, increase in rate of migration from rural areas and urbanization are expected to boost the global agricultural robots market growth.
Get Sample Report: https://www.alliedmarketresearch.com/request-sample/4421?utm_source=open%2Fnee
Among the various types of agricultural robots accessories, milking robots held a major share of 28.1% in 2016 and are expected to dominate in the future. Driverless tractors are gaining increasing application in the agricultural industry due to their ability of planting and seeding for row and extended acre farming.
According to a new report published by Allied Market Research, titled, Agricultural Robots Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global agricultural robots market was valued at $2,927 million in 2016, and is expected to reach $11,050 million by 2023, registering a CAGR of 21% from 2017 to 2023. Asia-Pacific is expected to exhibit high potential, owing to the growth in the agricultural industry as a resultant of exponential increase in demand for food production.
Request Purchase Enquiry:https://www.alliedmarketresearch.com/purchase-enquiry/4421?utm_source=open%2Fnee
The dairy management application of global agricultural robots market accounted for the highest market share of 29.13% in 2016, and is expected to continue to lead the global market during the forecast period. It is expected to witness the highest CAGR of 22.1%, followed by soil management.
The study provides an in-depth analysis of the global agricultural robots industry and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global agricultural robots market from 2017 to 2023 is provided to determine the market potential.
Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/4421?utm_source=open%2Fnee
Key Market Players
Autonomous Solutions Inc.
Autonomous Tractor Corporation
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Agricultural Robots Market Size, Shares, Current Trends, Opportunity Analysis and Industry Forecast, 2017-2023 here
News-ID: 1576201 • Views: 180
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Agricultural
ONLINE AGRICULTURAL EQUIPMENT RENTAL SERVICES
Online Agricultural Equipment Rental platform is a business where you can get all the Agri or farm equipment like the tractors, rice planters, rotavators, power tillers, harvesters, etc. required for various farm activities for a specified time period. The Indian agricultural industry is expected to reach $89,000 billion by 2023 growing at a CAGR of 12.2% from 2018. The demand and supply matrix of agricultural produces has shown us a
Global Agricultural Packaging Market
Global Agricultural Packaging Market: Industry Analysis and Forecast (2018-2026) –By Material, Product, Application, Barrier Strength and Region. Global agricultural packaging market size was valued at US$ 3.8 Bn in 2017 and is expected to reach US$ 5.72 Bn by 2026 to exhibit a CAGR of 5.25 % during a forecast period. Agricultural Packaging is required to protect & preserve agricultural products and resources for a long period of time. Agricultural packaging is
Chemical Agricultural Colorants Market
This report studies the global Chemical Agricultural Colorants market status and forecast, categorizes the global Chemical Agricultural Colorants market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Chemical Agricultural Colorants is a class of colorants used in seed, fertilizer, easy to
Agricultural Robots Market -
Agricultural Robots are robots used for agriculture purposes. Presently, their major area of application is at harvesting stage. These robots are capable of performing repetitive tasks efficiently and thus, decreasing the need for agricultural labor. The report aims to provide an overview of Global Agricultural Robots Market along with detailed segmentation of market by product, application and five major geographical regions. Global Agricultural Robots market is expected to witness growth
Global Agricultural Drones Sales Market
In this report, the global Consumer Camera Drones market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue million USD, market share and growth rate of Consumer Camera Drones in these regions, from 2013 to 2025
Global Agricultural Testing Market
An up-to-date agriculture industry research report 2018 has been disclosed by Market Research Hub highlighting the title “Global Agricultural Testing Sales Market Report 2018” which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with the growing CAGR near XX% during 2018-2025. The report Global Agricultural Testing Sales Market studies the casing heads market worldwide, especially in North America, China,