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Agricultural Drones & Robots Market Growth, Revenue and Forecasts 2022-2027 | Business Demand, Cost Structures, Region, Prominent Players and Industry Outlook

12-14-2021 08:27 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Agricultural Drones & 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 Agricultural Drones & Robots Market Size is Projected to Reach at a CAGR of 20% during 2022-2027.

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Market Overview:

The pandemic has affected the morale of farmers across the globe. The month-long slump in food crop prices has dropped the expectation of farmers for using agricultural drones. This can be attributed to adversely affected transportation systems and the lack of incomes being generated owing to the lockdown. However, the market for drones has gained momentum since the economies are operating in normal conditions amidst the COVID-19 situation. An agriculture machinery operator should perform two functions simultaneously namely steering the tractor and operating the agricultural machinery. As opposed to industrial robots, agricultural robots are challenged by several complexities related to both robot navigation and agricultural task. Such difficulties derive from the fact that robots move in a structured environment, but moving in an unstructured environment involves several task uncertainties while dealing with highly variable objects like fruits, leaves, branches, which differ in size, shape, and colour.    

Top Leading Companies:

Yamaha Robotics, Trimble Inc, SenseFly, SAC, PrecisionHawk, Lely, John Deer, HoneyComb Corporation, Harvest Automation, GEA Group AG, DJI, DeLaval, Delair Tech, Blue River Technology, AscTec Firefly, Agrobot, Agribotix LLC, AgEagle Drones, AeroVironment, 3D Robotics

Recent Developments

In August 2021, John Deere acquired Bear Flag Robotics for USD 250 million. Bear Flag Robotics was founded in 2017 and specialized in autonomous farming heavy machinery.

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.

In November 2020, John Deere launched a new precision Ag application, AutoPath, to help producers more accurately document and follow each row of crops in fields throughout the season. This application uses data collected from the first pass in the field to establish precise row guidance for all subsequent field passes, no matter the machine type or width of the equipment.

Agricultural Drones & Robots Market Segmentation by Type:

Drones
Robots

Agricultural Drones & Robots Market Segmentation by Application:

Livestock Management
Farm Management

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North America is leading the Agricultural Robots market in terms of the market
North America accounted for the largest share of the agricultural robots market in 2020. 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.

North America and Europe are the largest and most advanced markets with respect to the adoption of innovative technologies in the field of agriculture. As a result of declining Total Factor Productivity (TFP) in East Asia and Southeast Asia, the adoption of improved technology in agribusiness is at the centre of national strategic policy goals. This is to augment food production output via enhancing cooperation between the private sector and agricultural infrastructure development. The United States is the early adopter of precision farming technologies, which is the primary factor responsible for the region’s most significant share in the global market. A considerable acceptance of modern agriculture methods by Canada is contributing to industry growth.

Regional Agricultural Drones & 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 Agricultural Drones & Robots Market Report:

Detailed overview of Agricultural Drones & Robots Market
Changing the Agricultural Drones & Robots market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Agricultural Drones & Robots market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Agricultural Drones & 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 2022 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 Agricultural Drones & 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. Agricultural Drones & Robots industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– 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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