Top Company Profiles in Agricultural Robots and Mechatronics Market include 3D Robotics, AGCO, Agribotix, Agrobot, Amazonen-Werke, Autonomous Solutions (ASI),Autonomous Tractor Corporation, Autoprobe Technologies, Blue River Technology, Boumatic Robotics

Market Analysis:

North America to Dominate Market
North America is the largest market with many established companies, followed by Europe and Asia-Pacific. The growing population and decreasing farmlands make Asia-Pacific, a region with immense opportunity. However, technology adoption is low due to abundant cheap labor in these countries.

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The major driving factor behind the market is the necessity to increase yields and reduce costs at the same time. They vastly reduce human intervention, are much more efficient, help avoidance of harmful effects of chemicals used in agriculture on humans, especially in indoor farming, and are able to work in all weather conditions. Market studies show that crop production is the largest segment in terms of revenue. It is also growing at a faster rate in comparison to others. Robotic milking devices are widespread in developed countries and can be termed as a successful adoption of mechatronic robots in farming. The major hurdle in the market is the affordability. Robots and mechatronics are a huge investment for farmers.

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Market Segments:
Agricultural Robots and Mechatronics Market is segmented by:
1. Type: Autonomous Tractors, Unmanned Aerial Vehicles (UAV), Agrochemical Application, Robotic Milking, Other
2. Application: Animal Farming, Crop Production, Forest Control, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market:
• September 2017: Autonomous Solutions (ASI) - In early 2017 AccuGuide for Case IH was unveiled for the first time. The AccuGuide which is developed by ASI and CNH Industrial’s Innovation Group, is an automated steering system that utilizes advanced technology to plan end of row turns in the headlands of a field.

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