Press release
Agricultural Robot Market is Estimated to Reach USD 19.34 Billion by 2030: Cognitive Market Research
Agricultural Robot Market is Estimated to Reach USD 19.34 Billion by 2030: Cognitive Market Research
Agricultural Robots, also known as robots, are machines designed to assist with various agricultural tasks, such as planting, harvesting, and crop monitoring. These robots can be fully autonomous, meaning they operate without human input, or they can be semi-autonomous, requiring some human input or supervision. There are different types of agricultural robots, such as harvesting robots, crop monitoring robots, welding robots, and planting robots.
Summary:
As per the study of CMR, The Global Agricultural Robot market size was valued at USD 4.12 Billion in 2022 and will reach USD 19.34 Billion by 2030, registering a CAGR of 20.8% from 2023 to 2030.
To know more about The Agricultural Robot Market statistics click here: https://www.cognitivemarketresearch.com/agricultural-robot-market-report
Global Agricultural Robot Market Dynamics:
The shortfall of the labor force and the growing trend of smart farming are the major driving factors for the global agricultural robot market. As labor becomes increasingly expensive and difficult to find, agricultural robots can provide an alternative solution for performing various tasks in the field. In addition, the increasing global population leads to increasing demand for food, and Agricultural robots can help increase crop yields and efficiency, allowing farmers to produce more food with less land and resources, which is propelling the growth of the market
What are the opportunities for the global agricultural robot market?
Governments across the world are offering subsidies and undertaking initiatives to propagate awareness about automated technologies among farmers. Furthermore, increasing R&D investments can create lucrative opportunities for the market during the forecast period. However, the high cost of agricultural robotics and less awareness about robotics in developing economies can impede the growth of the market.
Global Agricultural Robot Market Segmentation:
Type:
• Driverless Tractors
• Milking Robots
• Automated Harvesting Systems
• Unmanned Aerial Vehicles (UAVs)
• Other
Offering:
• Software
• Hardware
• Services
Farming Environment:
• Outdoor
• Indoor
Based on the farming environment, the market is divided into outdoor and indoor segments. The outdoor segment is expected to grow with a higher CAGR during the forecast period. This is due to the need for hard work in outdoor farming relative to the indoor farming segment.
Application:
• Field Farming
• Irrigation Management
• Harvest Management
• Inventory Management
• Dairy and Livestock Management
• Weather Tracking and Monitoring
• Pruning Management
On the basis of applications, the market is segmented into Field Farming, Irrigation Management, Harvest Management, Inventory Management, Dairy and Livestock Management, Weather Tracking and Monitoring, and Pruning Management.
The field farming segment is dominating the overall agricultural robotics market, owing to its wide range of applications in field farming, such as harvesting, crop monitoring, and others.
Competitive Analysis of Agricultural Robot Market: Agribotix, Lely Holding, Agco Corporation, Deere & Company, DJI, Auroras, Topcon Positioning Systems, Autonomous Tractor, Blue River, AG Leader, Boumatic Robotics, Agjunction, Autocopter, Trimble, Grownetics, AG Eagle
Get free sample pages of the latest published Agricultural Robot Market Report: https://www.cognitivemarketresearch.com/agricultural-robot-market-report
Global Agricultural Robot Market Regional Analysis:
North America is the largest contributor to the agricultural robot market, and it will maintain its dominance over the forecast period. The market in this region is driven by the increasing labor shortage, high labor costs, and quick adoption of advanced technologies in various sectors. In addition, higher per capita income, subsidies provided by governments, and deployment of robots in agriculture, such as aerial vehicles, and driverless tractors are propelling the growth of the market in this region.
Global Agricultural Robot Market Industry News:
Bear Flag Robotics was purchased by John Deere in order to further autonomous farming technology. (August 2021)
An official contract to buy Bear Flag Robotics has been signed by Deere & Company. The agreement complements John Deere's long-term aim to produce smarter machines with cutting-edge technology to serve specific client needs and accelerates the development and implementation of automation and autonomy on farms.
A multi-action agricultural robot for "superhuman farming" was introduced by Verdant Robotics (February 2022)
Verdant Robotics has expanded its robot-as-a-service (RaaS) model to enable access for more farmers of specialty crops in order to meet farmers' desires for more sustainable and lucrative growing practices.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Agricultural Robot Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Agricultural Robot Market Segmentation
1.5.1 Agricultural Robot Market Regional Fragmentation
1.5.1 Agricultural Robot Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Agricultural Robot Market
• 3.1 Global Agricultural Robot Market Size 2018 - 2030, (USD Million)
• 3.2 Global Agricultural Robot Value, Absolute & Opportunity Analysis
• 3.3 Global Agricultural Robot Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Agricultural Robot Market Statistics 2022: Snapshot
Chapter 4 Global Agricultural Robot Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Agricultural Robot Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Agricultural Robot Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Agricultural Robot Market by Offering Segmentation Analysis (2018-2030)
Chapter 12 Global Agricultural Robot Market by Farming Environment Segmentation Analysis (2018-2030)
Chapter 13 Global Agricultural Robot Market Regional Analysis
Chapter 14 North America Agricultural Robot Market Outlook (2018 - 2030)
Chapter 15 Europe Agricultural Robot Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Agricultural Robot Market Outlook (2018 - 2030)
Chapter 17 Latin America Agricultural Robot Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Agricultural Robot Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Agricultural Robot Market TOC click here: https://www.cognitivemarketresearch.com/agricultural-robot-market-report#table_of_contents
Related Report:
• Automotive Welding Robot Market- https://www.cognitivemarketresearch.com/automotive-welding-robot-market-report
• Spine Surgical Robots Market- https://www.cognitivemarketresearch.com/spine-surgical-robots-market-report
• Agricultural AI Market- https://www.cognitivemarketresearch.com/agricultural-ai-market-report
• Livestock Feeding Robots Market- https://www.cognitivemarketresearch.com/livestock-feeding-robots-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly
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