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Precision Agriculture Robot Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Precision Agriculture Robot Market SizeThe global Precision Agriculture Robot market is projected to grow from US$ 4375.4 million in 2023 to US$ 24770 million by 2029, at a Compound Annual Growth Rate (CAGR) of 33.5% during the forecast period.
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Precision Agriculture Robot Market
Precision Agriculture (PA) is a farming management concept based upon observing, measuring and responding to agriculture. It was born in early 1990s for introduction of GPS guidance for tractors. Now it is a dynamic industry that mentioned lots of technologies, such as ecological based principles, plant genetics, technological advances in planting and application equipment and plant and soil sensors, and knowledge to vary management, to improve system efficiency, resilience, and adaptability.
Farmers have always been diligent data collectors, knowing approximately what each acreage yields or how much milk an individual cow produces. But with the complex data collecting devices of today's world, agriculture is in the midst of a high-tech revolution-particularly in the area of precision farming.
Farmers can use the same "big data" tools that are integrated into other industries. Things like drones that communicate with satellites to collect data while soaring over a field. The internet of things era means just about anything in our lives can be linked to a WiFi connection and the same applies for farming. For example, Wifi-enabled moisture sensors can help farmers conserve water by only watering parts of the field that need it most. Cow tags can be linked to GPS or even "Fitbit-like" devices to track their vitals remotely. Most machines can be programmed to use machine-learning; for example, fertilizer application equipment can be trained to "see" a field and only spray plants that need a boost, saving farmers product and money.
Market Analysis and Insights: Global Precision Agriculture Robot Market
Global Precision Agriculture Robot key players include John Deere, Trimble, AGCO, DeLaval, Lely, etc.
Europe is the largest market, with a share about 37%, followed by United States, with a share over 30%.
In terms of product, Outdoor Farming is the largest segment, with a share over 70%.
And in terms of application, the largest application is Planting, followed by Animal Husbandry.
Report Includes
This report presents an overview of global market for Precision Agriculture Robot market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Precision Agriculture Robot, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Precision Agriculture Robot, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Precision Agriculture Robot revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Precision Agriculture Robot market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Precision Agriculture Robot revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including John Deere, Trimble, AGCO, DeLaval, Lely, YANMAR, TOPCON Positioning Systems, Boumatic and KUBOTA Corporation, etc.
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Segment by Type
• Indoor Farming
• Outdoor Farming
Segment by Application
• Planting
• Animal Husbandry
By Company
John Deere, Trimble, AGCO, DeLaval, Lely, YANMAR, TOPCON Positioning Systems, Boumatic, KUBOTA Corporation, DJI, ROBOTICS PLUS, Harvest Automation, Clearpath Robotics, Naïo Technologies, Abundant Robotics, AgEagle, Farming Revolution, Iron Ox, ecoRobotix
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