Press release
Agriculture Drones and Robots Market 2021 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027
The Agriculture Drones and Robots Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Agriculture Drones and Robots Market Size is Projected to Reach at a CAGR of 20% during 2021-2027.
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Market Overview:
The primary drivers for the market growth include increasing automation in the agriculture industry and the shortage of manual labour in the sector. Several countries are taking initiatives to bring automation and sustainability in the agriculture sector to enhance profitability and bring efficiency in farming applications. For instance, the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA) invested $21.7 million in April 2021 in several key programs to help agricultural producers manage the impacts of climate change on their lands and production. The funding aims to bring innovation in agriculture technologies, triggering the demand for agriculture drones and robots in the country. The agriculture industry is under pressure from the increasing global population and the need for higher productivity from the existing farm area. Certain factors, such as changing demographics and urbanization, are now impacting the agricultural industry. The agricultural industry in the US and the UK, among other countries, relies heavily on migrant labourers, and a similar trend is observed across other developed countries as well. Agricultural employment has declined by 15% in the last decade across the globe, according to World Bank data.
Top Leading Companies:
Deere & Company, Yamaha, Agrobot, ASI, Clearpath Robotics, DeLaval, GEA Group, PrecisionHawk, DJI, Blue River Technology, Lely, BouMatic Robotics
Recent Developments
In July 2021, DeLaval launched a new parallel parlour system designed explicitly with family farms and grassland customers. The DeLaval Parlour P100 delivers a smoother milking process using fewer resources and enabling the right automation to be used for every single farm.
Yamaha has acquired 3 companies, including 1 in the last 5 years. Yamaha’s largest acquisition to date was in 2004 when it acquired Steinberg Media Technologies for $29M. Yamaha has been acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include marine (34%) and software (34%). Yamaha Corporation is a multinational corporation and conglomerate based in Japan. Yamaha designs and manufacturers a wide range of consumer goods including musical instruments, electronics, motorcycles and power sports equipment. Yamaha was founded in 1887 and is based in Hamamatsu, Japan.
DJI, the world’s most-innovative aerial technology company announced a corporate partnership through DJI’s acquisition of a strategic minority stake in Hasselblad. The partnership will allow opportunities and new ways of combining the technical knowledge and inventive spirit of the two industry leaders in their respective fields.
Agriculture Drones and Robots Market Segmentation by Type:
Agriculture Drones
Agriculture Robots
Agriculture Drones and Robots Market Segmentation by Application:
Animal Farming
Crop Production
Field Mapping
Other
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North America is leading the market in terms of the market size
North America accounted for the largest share of the agricultural robots market. Increasing labour shortage and high labour costs in the region has led to the adoption of robots and automation to ensure better productivity & maintain quality standards. North America, the US, Canada, and Mexico have set guidelines laid down by their respective aviation authorities for the use of drones in commercial applications, for instance, agriculture. The US is also focusing heavily on fruit and vegetable harvesting robots and is expected to be one of the first countries to adopt such robots. North America is also one of the largest markets for auto-steering tractors, making it a lucrative market for driverless tractors. The players in this region are heavily investing in R&D activities to develop cost-efficient and highly productive robots. Such factors have led to the growth of the agricultural robots market in the North American region.
Regional Agriculture Drones and Robots Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Agriculture Drones and Robots Market Report:
Detailed overview of Agriculture Drones and Robots Market
Changing the Agriculture Drones and Robots market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Agriculture Drones and Robots market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Agriculture Drones and Robots Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Agriculture Drones and Robots Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Agriculture Drones and Robots industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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