Agricultural Robots Market 2024 Size, Global Report till 2031 | Lely, BouMatic Robotics B.V., DeLaval Inc.

The Agricultural Robots market size was valued at USD 6,928.63 million in 2021. It is growing at a CAGR of 20.80% during the forecast period (2024-2031).

DataM Intelligence has published a new research report on "Agricultural Robots Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Agricultural Robots market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Robotics and automation are at the forefront of today's agriculture sector, presenting significant growth opportunities worldwide. The rising demand for agricultural products, driven by an increasing population, is pushing governments and farming communities toward high-productivity practices such as precision farming and smart agriculture. Additionally, the decline in arable land and the scarcity of agricultural inputs are prompting the adoption of sustainable farming methods that follow the 'law of minimum' in food production.

Robotics has emerged as a promising solution for sustainable agriculture, offering timely and accurate performance across various crop production tasks. These technologies are utilized in forms such as drones, robotic arms, autonomous harvesting machines, and driverless tractors. This innovative farm equipment enhances both the quality and quantity of agricultural products through efficient, precise, and automated operations in soil management, harvesting, and crop protection.

Market Dynamics:

Technological advancements in robotics and data connectivity are driving the global agricultural robot market. The performance of these robotic solutions relies heavily on control systems and supporting technologies like information and communications technology, artificial intelligence, and the Internet of Things. Flexible designs in these technologies enhance the effective operation of robots, facilitating data collection and analysis that boost efficiency in precision agriculture. Unmanned Aerial Vehicles (UAVs), or agricultural drones, are increasingly adopted by large farm owners in Europe and North America for applications like fertilization, pest monitoring, and yield tracking. However, high product costs remain a significant barrier, particularly for driverless tractors, which can be up to 60% more expensive than conventional models, though decreasing prices for sensors and imaging devices are expected to help reduce overall costs in the future.

Forecast Growth Projected:

The Global Agricultural Robots Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Agricultural Robots Market:

Lely, BouMatic Robotics B.V., DeLaval Inc., SZ DJI Technology Co., Ltd., AgEagle Aerial Systems Inc., Iseki & Co., Ltd., Yanmar Co., Ltd., METOMOTION, ecoRobotix Ltd, Agrobot

Segment Covered in the Agricultural Robots Market:

By Type: UAV/Drone, Milking Robots, Driverless Tractors, Unmanned Ground Vehicles & Robotic Arms

By Application: Harvesting, Soil Management, Crop Protection, Dairy Management, Others

By Product Type: Field Crops, Fruits & Vegetables, Dairy, and Others

By Farm Environment: Outdoor, Indoor

Regional Analysis:

The global Agricultural Robots Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Agricultural Robots Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Agricultural Robots Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Agricultural Robots manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Agricultural Robots in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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FAQs

How big is the Agricultural Robots Market?

The Agricultural Robots Market size was USD 6,928.63 million in 2021.

How fast is the Agricultural Robots Market growing?

The Agricultural Robots Market will exhibit a CAGR of 20.8% during the forecast period, 2024-2031.

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